Ekspres Kargo

The furniture company leveraged cargo partnerships to secure capacity at a contractual rate as a way to offset higher oil prices and spot market volatility.

The furniture maker expects to nearly complete two centralized hubs this year as part of a multiyear distribution overhaul.

Equipment acquisitions for heavy-lift cargo handling need to go together with investment in technical expertise, asset providers warn.

As truckload capacity in the US gets tighter and rates move higher, more freight is being shifted to less-than-truckload providers — something that will continue, attendees at the SMC3 Connections conference were told.

The spice and ingredients maker plans to use the returned funds to help mitigate higher logistics and material costs tied to the conflict.

The agency’s efforts to boost transparency include using Bluetooth devices to identify bottlenecks for high-value shippers, a spokesperson said.

With fresh capacity landing on the West Coast, sources say spot rates could start to soften after a four-month bull run driven by cargo frontloading and higher bunker fuel prices.

But despite the initial drop in capacity, sources are not expecting a long-term decline in business on the westbound trade lane.

The carrier announced a month ago it was pulling its Indus Express loop, but new demand and sharply higher rates have caused a change of heart.

AI-powered simulation and other types of robotics technologies are becoming more powerful and cost-effective, per speakers at the Automate conference.