William B. Cassidy, Senior Editor | Jan 31, 2017 3:24PM EST More shippers are putting more of their business out to bid to multiple carriers, rather than going through extensive one-on-one negotiations with individual carriers, said executives at Transplace and Spend Management Experts, two companies which handle bids for shipper clients.
US shippers eager to avoid rate hikes in the latter part of the year are sitting down with trucking providers to talk pricing and putting business up for bid as they try to protect savings gained in last year’s weak freight market, when their pricing muscle was mighty.
Canadian Pacific Railway is becoming more of domestic intermodal player and less of a force to deliver ocean containers, evidenced by more truck-to-rail conversions and the loss of another container line contract in the fourth quarter. The railroad’s international intermodal volume grew along with domestic traffic in the fourth quarter, 3 and 10 percent, respectively. But the railroads said during a Wednesday earnings call that it had lost its Yang Ming Line contract and failed to win its bid for Orient Overseas Container Line’s Canadian movement.
Supply chains traditionally are linear in nature, with a discrete progression of design, plan, source, make, and deliver. Today, however, many supply chains are transforming from a staid sequence to a dynamic, interconnected system that can more readily incorporate ecosystem partners and evolve to a more optimal state over time. This shift from linear, sequential supply chain operations to an interconnected, open system of supply operations could lay the foundation for how companies compete in the future.
Please note December 1, 2016 GRI steamship lines have filed for from the Far East, South Africa and Middle East to Us and Puerto Rico.
Now that the electronic logging mandate is assured to be a reality, shippers and transportation providers must formulate plans to ensure compliance. Electronic logging will pose a big challenge to shippers in the United States as well as trucking companies and truck drivers, forcing them to take a hard look at their carriers and brokers and rethink shipping networks, the CEO of a Houston-based transportation company says.
Hanjin will shutter its ten branches in Europe, including its regional headquarters in Germany, with the process expected to begin almost immediately.
Carmaking giants and ride-sharing upstarts racing to put autonomous vehicles on the road are dead set on replacing drivers, including truckers. Trucks without human hands at the wheel could be on U.S. roads within a decade, analysts and industry executives say. At risk is one of the most common jobs in many states, and one of the last remaining careers that offer middle-class pay to those without a college degree. There are 1.7 million truckers in the United States, and another 1.7 million drivers of taxis, buses and delivery vehicles. That compares with 4.1 million construction…
Of the large publicly owned less-than-truckload carriers, only Old Dominion Freight Line and FedEx Freight had more shipments in the second quarter than a year ago, but that hasn't stopped the LTL sector from pushing rate increases.