Use of mini-bids ‘blowing up’ as shippers seek shrinking truck capacity
The accelerating use of short-term, targeted contracts underscores the need to fill widening capacity gaps in shipper distribution networks as trucking rates climb higher.
The accelerating use of short-term, targeted contracts underscores the need to fill widening capacity gaps in shipper distribution networks as trucking rates climb higher.
New rules on low-value European imports are already changing market behavior, but the full impact on volume has yet to be measured just one month after the elimination of the de minimis exemption.
FedEx has deployed trailer loading systems at a Maryland hub, while Amazon aims to double its robotic arms fleet this year amid an industry push for automation.
The grocer and supply chain solutions company Americold are closing a facility in Pennsylvania and halting plans for one in Connecticut.
Capri Holdings is working to accelerate receipts where possible, turning to air freight and working with freight forwarders to tap faster vessels.
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Each gigawatt of US data center expansion requires 100,000 truckloads, and experts question whether existing truck capacity is sufficient to meet the construction demand.
A string of major port investments this summer highlights how ocean carriers are increasingly locking in marine terminal capacity.
July’s imports will come in far lower than originally expected, while the end-of-year outlook appears more bullish, according to the latest Global Port Tracker from the National Retail Federation.
The meat giant said the Trump administration’s efforts to boost supply are unlikely to make a significant impact in the near-term.