According to an article on joc(dot)com, “beneficial cargo owners are reassessing their supply chain strategies for the coming shipping season.” BCOs may be keeping more cargo on the West Coast, where freight rates are expected to remain low. BCOs that had approached their trans-Pacific contract negotiations with an eye toward shifting more cargo to the […]
According to joc(dot)com, the Cass Freight Index shows that United States freight shipments increased only .3% this March 2015. Reasons cited: • Economic slowdown • U.S. West Coast Ports port backups • ‘Late’ Chinese New Year • Soft Railroad Car volumes The article does a good job expounding on each of the drivers of this […]
An April 6, 2015 article on ttnews(dot)com explains that gasoline will be made from crude oil at a “record pace” this year following the largest glut in 80+ years. Output by refiners is increasing “to meet consumer demand” and apparently over 100,000 barrels of capacity has been added since the summer of 2014. The expectation […]
— ICC Logistics Services announces free webinar to explore challenges of transportation and logistics contracts negotiations and how to come out on top. Registration now here: http://bit.ly/1BKV4OK .– ICC Logistics, in coordination with HLC Government Services, government contract negotiation consultants, announces today its latest webinar: “The Art and Science of Negotiating Logistics Contracts.” The webinar, […]
138 shippers were surveyed by joc.om. The results: “they plan to ship less cargo through U.S. West Coast ports.” Many say they plan to divert shipments away from West Coast Ports following congestion issues and shutdowns. With long delays impacting business supply chains, many shippers say that they have no choice but to find alternative […]
Uber Cargo launches a global logistics service in the busy city of Hong Kong. They plan to go well beyond the standard taxis. Read More…
