News & Resources

December 5, 2023, 4:00PM Ruth Liao Bloomberg The Panama Canal continues to face tonnage restrictions and a decrease in the number of daily transits, resulting in delays, prompting vessels to choose between paying hefty fees to expedite their passage or…

In the fast-paced world of eCommerce fulfillment, the secret to success is to have a solid infrastructure consisting of people, processes and systems in place — one capable of scaling up or down to meet the diverse needs of both…

Ocean carriers on the Asia-Europe trade route are implementing two rate hikes in December to boost prices before annual contract talks despite excess capacity hampering rate increases. Carriers are aiming for FAK rates between $1,750 and $1,800 per FEU on…

Monday, November 27 The White House has created a cabinet-level supply chain council to tackle large-scale supply chain challenges. The Biden administration has revealed an extensive plan to tackle U.S. supply chain-related issues this week, including addressing inflationary price hikes…

Demand for cold storage space has increased due to the popularity of online grocery shopping and frozen food sales. The pandemic exacerbated the pressure on cold supply chains, leading to higher utilization rates and inventory challenges. To address this, food…

The volume of cargo containers handled at the major U.S. seaports can serve as an indicator of the country’s economic and commercial health. In 2022, maritime gateways accounted for 40% of international freight value, making port volumes a useful barometer…

Convoy Inc., a digital freight brokerage company, experienced a dramatic downfall from a valuation of approximately $3.8 billion in the first quarter of 2022 to going out of business in a little over 18 months. Most of its employees were…

The European Union has set forth an ambitious goal of achieving carbon neutrality by 2050, with an interim objective to reduce emissions by 55% by 2030. The EU’s’s Emission Trading System (EU ETS) has emerged as the world’s largest emissions…

A recent Q3 shipper survey indicates that the freight industry remains uncertain in its forecast outlook. As excess inventories have decreased, careful inventory management by major retailers has lessened the need for restocking ahead of the holiday season. Meanwhile, Shippers’…

Are Fulfillment errors & shipping mistakes impacting your business growth and customer satisfaction? Is an inability to handle increased order volume of the upcoming peak season a challenge? It might be time to switch 3PLs. Evaluating new 3PLs, relocating your…

September 25, 2023 Frieghtwaves.com Noi Mahoney Cargo thefts from trucks and warehouses experienced a significant spike during the second quarter of 2023, according to Verisk Analytics’ CargoNet data. There were 566 reported incidents in the U.S. and 16 in Canada,…

Sep 18, 2023 Forbes Dario Markovic The e-commerce industry is undergoing significant logistics changes to meet customers’ growing demands for seamless and fast delivery in what is projected to be a $6.91 trillion global online sales market by 2024. Key…

Sunday, September 03, 2023 FreightWaves Craig Fuller A freight market turnaround in 2024? Spot rates will likely increase, benefitting carriers but potentially causing challenges for shippers. Shippers may face higher shipping costs in 2024, and freight brokerages could be particularly…

Although people unfamiliar with the finer points of the logistics industry often use the terms “fulfillment center” and “warehouse” interchangeably, they’re far from being one in the same. Though they are related, in that they both play an important role…