Among the biggest things that will affect the freight markets this year are the return of pricing power to carriers and the re-shoring/nearshoring phenomenon, according to CarrierDirect's semi-annual forecast on the state of the domestic freight industry.
Each year, Wal-Mart Stores Inc. spends hundreds of millions of dollars delivering its merchandise across the United States. The 6,000 trucks in the retailer's fleet are a common sight on highways, as are those of the many other companies that rely on long-haul trucking to transport their goods from coast to coast. But what if that fleet could be cut by one-third"”and be made up of trucks pulled by slimmed-down tractors less than half their current size, with a computer at the helm?
In a move that could have broad appeal for U.S. retailers, the Canadian government will no longer impose tariffs on imported baby clothes and selected sports equipment.
Siim Kallas, vice president of the European Commission, has outlined some changes to customs formalities in ports, in an effort to help shift EU transit cargo from congested highways to under-utilised short-sea shipping lanes.
China's economic picture darkened in June as exports posted their biggest monthly drop since the recession.
The unexpectedly weak June data, reported by Chinese officials, suggests that the world's second-largest economy is still facing sluggish demand for its goods and could slow further than government and private forecasts.
The new global marketplace has brought many benefits for consumers, while also ushering in new levels of expectations for manufacturers, which can complicate the delivery of products.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.