TPMTech23: ‘Purchase order management’ the new catchphrase in logistics Retailers are discovering the importance of closely managing purchase orders as increasingly complex trans-Pacific supply chains spawned by the pandemic highlight the need for a heightened hands-on approach. TPMTech23: ‘Purchase order management’ the new catchphrase in logistics Journal of Commerce
Read More →TPMTech23: ‘Purchase order management’ the new catchphrase in logistics
on February 27, 2023in Industry News
UP CEO Fritz stepping down amid pressure from activist investor
on February 27, 2023in Industry News
UP CEO Fritz stepping down amid pressure from activist investor Fritz did not elaborate on what role the activist investor played in his decision to step aside, but the announcement came shortly after Soroban Capital wrote that “current (UP) management is not capable of driving a strong operating performance.” UP CEO Fritz stepping down amid […]
Read More →TPMTech23: Retailers seek to make supply chain visibility data more useful
on February 24, 2023in Industry News
TPMTech23: Retailers seek to make supply chain visibility data more useful Shippers are gaining better supply chain visibility, but now they must step up their game and better manage and integrate the data they are receiving from transportation providers, technology companies told TPMTech23. TPMTech23: Retailers seek to make supply chain visibility data more useful Journal […]
Read More →Rate hikes resurface on India-US trades as carriers try capacity readjustments
on February 24, 2023in Industry News
Rate hikes resurface on India-US trades as carriers try capacity readjustments Encouraging carriers in their somewhat tentative bid to raise rates from recent lows are India’s trade indicators, including the country’s role as a sourcing alternative to China. Rate hikes resurface on India-US trades as carriers try capacity readjustments Journal of Commerce
Read More →More investment headed to US last-mile delivery market
on February 24, 2023in Industry News
More investment headed to US last-mile delivery market Transportation providers of all sizes, from Maersk to Pitt Ohio, are searching for last-mile delivery options as customer and consumer demand evolves. More investment headed to US last-mile delivery market Journal of Commerce
Read More →Idle domestic containers being stacked as intermodal volumes tumble
on February 24, 2023in Industry News
Idle domestic containers being stacked as intermodal volumes tumble Volume declines are forcing intermodal providers to stack containers, unable to find cargo to fill the boxes because shippers have too much inventory, while trucking prices are so low that the freight is moving on highways. Idle domestic containers being stacked as intermodal volumes tumble Journal […]
Read More →ILWU, PMA say hope to reach West Coast contract deal ‘soon’
on February 23, 2023in Industry News
ILWU, PMA say hope to reach West Coast contract deal ‘soon’ The rare joint statement comes amid growing frustration among US importers and West Coast ports that more than nine months of talks have yet to produce a new labor deal, causing a shift of cargo to ports along the East and Gulf ports. ILWU, […]
Read More →ILWU, PMA hope to reach West Coast contract deal ‘soon’
on February 23, 2023in Industry News
ILWU, PMA hope to reach West Coast contract deal ‘soon’ The rare joint statement comes amid growing frustration among US importers and West Coast ports that more than nine months of talks have yet to produce a new labor deal, causing a shift of cargo to ports along the East and Gulf ports. ILWU, PMA […]
Read More →US truck tonnage levels better than expected in January
on February 23, 2023in Industry News
US truck tonnage levels better than expected in January An actual decrease in truck tonnage last month was masked by a seasonal adjustment to an American Trucking Associations index, but US freight volumes aren’t yet on the road to recovery. US truck tonnage levels better than expected in January Journal of Commerce
Read More →Loss of Russian trade pulls down Rotterdam container volume
on February 23, 2023in Industry News
Loss of Russian trade pulls down Rotterdam container volume Europe’s three biggest container shipping ports reported falling volumes in 2022, with throughput dragged lower by geopolitics, COVID-19, and economic headwinds. Loss of Russian trade pulls down Rotterdam container volume Journal of Commerce
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