How to keep the ‘off’ in ‘off price’ in the tariff era
In order to make good on their value promise, retailers like TJX, Ross and Burlington are being hyper-vigilant about pricing across the industry.
In order to make good on their value promise, retailers like TJX, Ross and Burlington are being hyper-vigilant about pricing across the industry.
Despite the downward pressure, demand for air cargo increased 5% YoY in August.
Some shippers are piloting the offerings ahead of formal launches next year as the parcel carrier seeks to capitalize on underserved parts of the market.
The Montreal Port Authority said permits are in the works for Contrecoeur’s underwater work, while DP World has signed on to design and operate the terminal
The investment bank said non-Chinese carriers will largely avoid looming and escalating port fees, but Cosco and OOCL will be on the hook unless they adjust networks.
The fruit shipper cites the downsides of moving perishables by breakbulk methods, criticizing the “hours of exposure to extreme heat or cold and frequent handling.”
Full ships, a low number of blank sailings and improving schedule reliability have stabilised the westbound trade lane but will do little to raise rate levels, say executives and analysts.
Railroads are expanding services between Mexico and the US, while Canada–US intermodal container traffic is down by double-digit percentages, writes rail analyst Larry Gross.
The carrier says companies’ moves to expand shifts, equipment and facilities in the country could ultimately translate into more northbound traffic.
The home furnishing company plans to reduce the number of large distribution centers from 15 to three centralized hubs.