Logistics

BIFA Weighs in on Heathrow Airport Expansion

British International Freight Association Director General Steve Parker, while echoing BIFA’s support for Heathrow Airport’s long overdue expansion, has called for the UK government to get on with it. "Over the past decades, successive UK governments have shown a singular lack of vision in the face of a massive surge in air transport and consequent pressure on existing airport infrastructure in the south east,” Parker said in a Aug. 1 release. In ... [+]

Trump to Suspend De Minimis Exception Aug. 29

President Trump on July 30 issued an executive order suspending commercial de minimis entries from all countries as of Aug. 29. Trump said he is taking this action under the International Emergency Economic Powers Act, or IEEPA, to prevent evasion of the “reciprocal” tariffs he imposed ... [+]

Transpacific Rates Continue to Slide, Xeneta

Market average spot rates from the Far East to U.S. West Coast increased 10 percent by mid-month but steadily declined to US$2,264 per 40-foot equivalent units (or FEUs), said Xeneta, the freight rate benchmarking and market analytics platform. Average spot rates from Far East to U.S. ... [+]

ICHCA Analysis Focuses on Fatalities Risks

The International Cargo Handling Coordination Association, or ICHCA, has conducted an analysis of nearly 500 incidents involving shore workers over the last 25 years, with its findings on the ICHCA Severe Risks Dashboard. Key findings include: • An almost equal split between on-vessel and onshore risk to ... [+]

Warehouse Space to Tighten, ITS Logistics

ITS Logistics, the asset-based North American third-party logistics provider, said its second quarter U.S. Distribution and Fulfillment Index, powered by Cresa, sees a tightening of warehouse space in the second half of the year. Calling it “market recalibrating,” ITS Logistics said that tariff-driven front-loading continues to ... [+]

Drewry Index Sees Container Rates Stabilize

Drewry's World Container Index, or WCI, declined 1 percent to US$2,499 per 40-foot container the week of July 31, and continued to stabilize after a volatile period. The unpredictability began, Drewry said, after U.S. tariffs were announced in April, which caused rates to surge from May ... [+]

CH Robinson’s Q2 Earnings Beat Forecasts

C.H. Robinson reported a better-than-expected second quarter net income of US$152.5 million, exceeding analyst consensus estimates. Adjusted income from operations increased to US$220 million on US$4.1 billion in revenue. Adjusted gross profit was US$693 million. “I’m proud of our team for embracing our new operating model and ... [+]

Demand Surges for CH Robinson’s ACE Import Tool

Global logistics service provider C.H. Robinson reported a surge in demand for its ACE Import Intelligence tool, a proprietary self-serve compliance platform that gives importers greater visibility and control over their customs data. Originally developed three years ago with foresight into evolving trade conditions, the tool ... [+]

Brazil Brewer Uses Descartes Routing Solution

Descartes Systems Group, a provider of on-demand, software-as-a-service logistics solutions, said Brazil’s Grupo Petrópolis is using its routing and fleet management solution to enhance its nationwide beverage distribution operations using about 2,900 vehicles. The Descartes solution helped beermaker Grupo Petrópolis achieve a 98 percent on-time delivery ... [+]

US Ports Import Rebound to Be Short-lived, NRF

Though import cargo at major U.S. container ports were poised to rebound in July following a double-digit late spring plunge, a late summer swoon is expected once previously paused tariffs take effect Aug. 1, according to the National Retail Federation. NRF’s Global Port Tracker, created with ... [+]

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