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Tag: logistics chain management

International, Shipping

Puerto Rico and The Jones Act: A Crisis 97 Years in the Making

  • October 13, 2017
Three weeks after Hurricane Maria made landfall in Puerto Rico, the island remains devastated, with the vast majority of residents without electricity, and many without access to clean drinking water, medicine, or food. The situation has brought several logistical issues to the forefront of public consciousness, as Americans struggle to understand why the United States […]
Industry News, International, Shipping

Hurricanes Cause Spot Rate Hike, Capacity Crunch

  • September 29, 2017
2017’s punishing (and still unfinished) hurricane season is tightening freight capacity and driving up spot rates throughout the US, altering the shipping landscape in ways that are likely to last as long as the massive rebuilding effort from Harvey and Irma. The far-ranging impact of the storms, combined with the looming ELD mandate and high […]
Industry News

No Vacancy. Soaring Costs for US Warehouses

  • July 21, 2017
The unprecedented scarcity of US warehouse and distribution space is driving prices up and forcing shippers to develop innovative solutions. According to JOC, warehouse rental prices have risen 10% over last year in coastal markets (New York-New Jersey, Long Beach, and Los Angeles) with rates in smaller markets following close behind. Warehouse space is all […]
Shipping

What Will It Take for US Ports to Modernize?

  • July 7, 2017
Last month, the Journal of Commerce/IHS Markit published a white paper titled Port Productivity: Finding New Efficiencies Through Collaboration, which confirmed what many in the industry already knew: relationships between terminals and carriers are fundamentally broken. The report strongly calls for increased communication between ports and investment in data technologies that could benefit the entire […]
Trucking

Spot Rates Climb, Contract Rates to Follow

  • June 2, 2017
National spot rate averages have been on a slow and steady climb through the beginning of 2017, and analysts predict further gains as the year continues. The spot rate increases come in response to both a relatively robust economy and tightening capacity in the face of the truck driver shortage. Shippers and carriers alike are […]