P&G flags $150M hit from Iran war supply disruptions
The consumer goods manufacturer aims to blunt the impact by reformulating products and diversifying its supply base.
The consumer goods manufacturer aims to blunt the impact by reformulating products and diversifying its supply base.
But the window to lock in those savings over long-haul trucking will shrink because railroads eventually will increase their spot and contract pricing, too.
The Midwest outperformed other US regions in the latest U.S. Bank Freight Index, with freight volumes up 9.5% year over year and shipper spending jumping 26.7%.
The acquisition of German logistics software company Logward continues a trend of visibility vendors extending beyond data provision to areas like transportation management, booking and allocation.
The company best known for its vacuums has sped up forecast modeling from multiple weeks to a few days through a collaboration with o9 Solutions.
Cosco’s transaction is a charter deal with New York-listed, Greece-based Costamare Inc. for 16 container ships — a dozen 9,300-TEU vessels and four 3,100-TEU ships.
The Georgia Ports Authority will fund and initiate its own study for dredging and widening its ship channel and harbor as the US Army Corps of Engineers may lack the funds in 2027.
Global cargo capacity has largely recovered to pre-shock levels, while international routes have yet to be seriously affected by jet fuel shortages, according to Xeneta.
US shippers of oversized cargo are being buoyed by positivity and strong demand in the Americas, but are struggling with capacity challenges and the uncertain geopolitical backdrop.
While the logistics giant has more fuel certainty at major hubs, the ongoing crunch is raising prices and posing challenges at some Asia-based airports.