Air freight spot rates spike 41% YoY in May, but relief expected soon
Xeneta reported an April peak to long-term rates while Middle East carrier capacity continues to return, which may ease cost pressures in June.
Xeneta reported an April peak to long-term rates while Middle East carrier capacity continues to return, which may ease cost pressures in June.
The Kleenex-maker said simplifying its value stream, optimizing its network and scaling automation have been key contributors to a five-year improvement plan.
The discounter will use Afresh’s ordering technology across its store categories to support its quickly rotating assortment.
Supply chain leaders have more data than ever and less clarity. The gap is costing them.
The Marseille-based carrier has ended a 14,000-TEU per week service that called Asia and both US Coasts, deploying bigger ships on an existing East Coast service and a new West Coast express service.
The Marseille-based carrier has ended a pendulum service that called Asia and both US Coasts, deploying bigger ships on an existing East Coast service and a new West Coast express service.
It’s been five years since Union Pacific instituted a surcharge this early in the year, a sign that the railroad expects shippers to continue to shift freight off the highway amid higher trucking and fuel costs.
Ocean carriers are warning shippers to expect additional costs and delays for shipments through India’s busiest container port amid an influx of transshipment cargo rerouted due to the Middle East war.
The volume of high-tech goods from Asia to North America increased 70% year over year while US imports of e-commerce declined, according to aviation consultancy Aevean.
The Tylenol maker gained 44.7% in diesel savings through a short-haul electric truck pilot in the greater Toronto area.