Veho, Jitsu and Gofo add capacity pre-holiday shipping rush
In their push to compete with FedEx and UPS, alternative carriers aim to gain business with more robust processing capabilities before the peak season.
In their push to compete with FedEx and UPS, alternative carriers aim to gain business with more robust processing capabilities before the peak season.
The beverage giant is carving out its coffee business, which will focus on sourcing resiliency, manufacturing consolidation and logistics optimization.
The food maker prioritized rebuilding store inventory in product categories affected by shortages in the last fiscal year.
The Journal of Commerce Truckload Capacity Index hit an all-time low of 72.4% in the third quarter as big carriers culled trucks, expecting a “challenging” end to 2025.
Group CEO Tobias Meyer said DHL’s freight division was affected by a weak global economy as well as a peak season in ocean freight that “failed to materialize.”
Ports that previously had been able to count on more predictable planning and certain cargo types, such as wind project equipment, are finding themselves having to take stock of their capabilities and recalibrate accordingly.
With calculations based on weight, the burden of CO2 emissions generated by passenger aircraft is being unfairly placed on the freight carried below decks, forwarders say.
Retailers and vendors often struggle to negotiate contracts. During the NACS Show, a panel of industry experts addressed how both sides can navigate their pricing and inventory needs.
But the revision comes as the carrier saw sharp declines in third-quarter revenues and profit amid the slump in freight rates.
The Jones Act carrier said pricing for expedited ocean freight stayed firm in the quarter despite lower overall volumes from China amid the trade dispute between Washington and Beijing.