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Last week, the cost of shipping containers across the Pacific dropped by more than a quarter, the biggest drop in two years. The decline indicates that the huge demand for Asian exports is slowing, although shipping industry executives say that it will take months for ship congestion outside of t...Read more »
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Scope 3 emissions, which are tied to what companies purchase throughout their supply chain tiers, account for more than 90% of total emissions for an average packaged food company, according to Rabobank. This disproportionate share has more companies within the food industry engaging with supplie...Read more »
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With a historic bottleneck at the ports of Los Angeles and Long Beach in California, supply chain stakeholders seek to unearth the root causes of congestion. But the cause of the chokepoint at the San Pedro Bay ports is up for debate. The ports and fleets have been bedeviled by trailer and contai...Read more »
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The Ontime logistics company of the latest news says. More than 2,000 DHL logistics workers sorted and transported components for the Jaguar Land Rover (JLR) plant, and they provided “strong support” for the strike. The strike will directly threaten car production at the West Midland ...Read more »
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Parcel carriers are attempting to add tens of thousands of seasonal employees to service the peak-season volume surge in a hiring environment many companies say is challenging. Low staffing levels in FedEx’s Ground network have forced the company to reroute more than 600,000 packages per da...Read more »
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Loadsmart’s acquisitions of Kamion and Opendock aim to boost transparency and reduce empty miles, a longstanding issue that drags on carrier efficiency and revenue. In 2017, 26% of all miles traveled generated no revenue, growing to 33% in 2019, according to an analysis from the American Tr...Read more »
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DHL Express has invested more than $78 million to refurbish and expand its existing Miami International Airport (MIA) hub facilities. These improvements have strengthened the company’s connectivity and service capabilities, adding new flights to and from cities in Europe, Asia Pacific, Sout...Read more »
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SYDNEY-Fashion jewellery retailer Lovisa Holdings Ltd. has opened 31 new stores so far in its 2022 fiscal year, but said the pace of launch is slowing due to logistics delays and shortage of store construction contractors. “Although we are closely managing this matter, it may continue to ca...Read more »
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Ultrafast delivery startups and established grocers each have a few things the other increasingly covets, experts say. Quick-commerce firms crave legitimacy, supply chain heft and optimally located real estate, while retailers are looking for ways to speed up service, enter valuable urban markets...Read more »
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The furniture retailer’s forwarding service is a win for the company, its 16,000-plus suppliers and its customers, Shah said. Wayfair’s supplier visibility improves, as CastleGate Forwarding incentivizes suppliers to position products into the company’s network earlier. End cust...Read more »
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Elevated trucking rates in 2021 led companies to alternatives for paring down or offsetting their transportation costs. Some turned to intermodal. Others locked in higher-than-normal contract rates. And a few passed on costs to customers. Pitney Bowes insulated itself from spot market volatility ...Read more »
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The Ontime logistics Nuro’s announcement that it has brought in another sizable chunk of investment capital underscores the prominent role the company is playing as retailers and logistics providers strive to bridge the last mile more efficiently. Kroger’s decision to invest in Nuro c...Read more »