3PLs Persevere Through Down Freight Market, TIA Leaders Say
PHOENIX — Third-party logistics providers have persevered through a tough freight market while taking action to stem a rising tide of fraud, 3PL industry leaders said.
April 12, 2024Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Update: Norfolk Southern to Pay $600M Settlement Over Derailment
Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement related to a fiery train derailment in February 2023.
April 11, 2024Spot Market Rebalance Slows Amid Volatile Capacity
The spot market is struggling to rebalance as the rate of carriers exiting has slowed despite sluggish demand.
April 11, 2024What's That? Supply Chain Crisis
Supply chain resilience is the ability to persist, adapt or transform in the face of change and challenges. To be supply chain resilient, one must prepare and plan ahead.
April 10, 2024What's That? Supply Chain Resilience
Supply chain resilience is the ability to persist, adapt or transform in the face of change and challenges. To be supply chain resilient, one must prepare and plan ahead.
April 10, 2024Shipping Giant MSC Vows to Fight ‘Excessive’ $63M FMC Fine
The world’s largest container carrier will push back against a proposed U.S. government fine that would rank among the stiffest penalties handed down by the Washington regulator.
April 10, 2024Baltimore Port Closure Means 35% Drop in April Coal Exports
Closure of the Port of Baltimore — America’s second-biggest hub for coal — has choked exports of the fossil fuel, with flows expected to plunge 35% this month.
April 10, 2024Rental Clothing Firm Opens Kansas City Fulfillment Center
Operations have begun in Missouri at a 600,000-square-foot fulfillment center for women’s rental clothing company Nuuly in a $60 million two-phase project to create 750 jobs in five years.
April 10, 2024NTSB Eyes Ship’s Electrical System After Bridge Crash
Federal investigators looking into what caused a ship to crash into a vital Baltimore bridge last month are homing in on the vessel’s electrical system, NTSB Chair Jennifer Homendy said.
April 10, 2024$73 Million Cold Storage Site Set for Port of Gulfport
A subsidiary of Core X Partners is investing $73 million to establish a Mississippi cold storage site at the Port of Gulfport in a venture to revitalize the Gulf Coast cold supply chain.
April 10, 2024