Supply chain disruption became the norm in 2020, propelled by the COVID-19 pandemic. But global supply chains faced unprecedented pressures from other outside factors as well: Brexit, U.S.-China relations and the introduction of the U.S.-Mexico-Canada Agreement to name a few. The result was, in some ways, a paralyzing impact on global investment in supply chain […]
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Monster-size cargo plane returns to fill air transport void
The world’s largest operational cargo plane, nicknamed Mriya, or “Dream” in Ukrainian, is returning from a short hibernation to help address a global shortage of heavy-lift air transport.
Storm-beaten ONE Apus berths in Japan
Now that the ONE Apus has berthed in Japan, investigators can begin to sort through what could be thousands of damaged containers on the ship’s deck. This is in addition to the 1,816 containers reported lost at sea.
AAR: Another Double-Digit Gain for Intermodal
For the week ending Dec. 5, 2020, total U.S. weekly rail traffic was 542,203 carloads and intermodal units—up 4.8% from the same period last year—based on a double-digit intermodal gain, according to an Association of American Railroads (AAR) Dec. 9 report. Total carloads were 244,986, down 1.4% compared with the same period in 2019, while […]
Global Intermodal Freight Transportation Market (2020 to 2025) – Growth, Trends, and Forecasts
The Intermodal Freight Transportation Market is expected to register a CAGR of 8.27% over the forecast period from 2020 to 2025. As companies evaluate new ways to reduce freight costs and their carbon footprint, alternative transportation mode options should be considered when moving long freight distances.
Diesel Continues to Climb on Increasing Global Oil Demand
The U.S. Energy Information Administration reported Dec. 7 in its weekly survey that trucking’s primary fuel increased 2.4 cents nationwide and now costs $2.526 a gallon.
Truck Drivers Could Be Among Earliest to Get COVID-19 Vaccine
Truck drivers and other workers in critical and essential jobs could be among the earliest people to receive COVID-19 vaccinations as several major pharmaceutical companies begin working with large transportation firms to deliver the vaccines.
$70.5 billion worth of online purchases will be returned this holiday season
In the first three quarters of 2020, third-party logistics companies leased 27% of warehouse space at properties sized 100,000 sq. ft. or more. They’ve been ramping up to handle the billions of returns sure to deluge retailers that will be processing more than 30% of their sales online this holiday season. Last Christmas, online product […]
US, Mexico, Canada border closures extend another month
The U.S. land borders with Mexico and Canada will remain closed for nonessential travel until at least Dec. 21, after the three countries agreed to extend the restrictions as COVID-19 surges. Officials announced the border closure extension on Thursday. Trucks will continue to move freely across the borders, as the movement of essential goods remains […]
AAR: U.S. rail intermodal had ‘best month ever’ in October
U.S. railroads logged a 2% increase in combined carload and intermodal traffic during October compared with the same month a year ago, according to Association of American Railroads (AAR) data. Although carload volume declined 6.6% to 912,722 units during the month compared with October 2019, intermodal volume climbed 10% to 1,169,874 containers and trailers. Traffic […]