E-commerce helps boost small warehouse demand, rents

Demand for smaller warehouses and a lack of construction of smaller industrial space has made it tough for e-commerce and logistics companies to find it. Photo credit: Shutterstock.com Fierce demand for warehouses smaller than 120,000 square feet has helped push up rental rates by twice as much than larger warehouse spaces, according to a new report from CBRE that says the hot market for smaller spaces won’t cool any time…

October 12, 2019
Read More >>

US-China reach ‘substantial’ first phase of trade deal

The US has dropped plans to raise tariffs to 30 percent on $250 billion worth of Chinese goods now subject to a 25 percent levy. Photo credit: Shutterstock.com. The United States and China have reached the first phase of a trade deal that could signal the end of a tariff war between the two powers that has lasted for more than a year and a half. President Donald Trump on…

October 12, 2019
Read More >>

Trade compliance automation behind Amazon’s recent acquisition

Amazon’s purchase in late September of a digital customs broker could be seen as the start of a new era of how shippers, large and small, handle customs entry filing. Photo credit: Shutterstock.com. There’s a cliché in tech circles that every startup is ultimately angling to be acquired by Amazon. In the case of Los Angeles-based digital customs broker INLT, that cliché became reality in late September. The company, acquired by…

October 11, 2019
Read More >>

Video: 3 Reasons to Attend JOC Inland Distribution 2019

Join us at the JOC Inland Distribution 2019 in Chicago, Oct. 21-23, to gauge direction of the market, interact with industry peers in regional Think Tanks, and begin to build your company’s vision, budget, and plans for the next decade. For more detail, and to register, visit www.joc-inland-distribution.com [embedded content] Source: http://www.joc.com

October 11, 2019
Read More >>

Carriers need control of supply chain for premium services: speaker

Nissim Yochai, executive vice president of trans-Pacific trade for Zim, said ocean carriers could offer a premium delivery based on “last loaded/first off.” Photo credit: IHS Markit. Ocean carriers could learn from the air express cargo industry in offering time-definite delivery, but only if they have total oversight of the supply chain, a senior executive from Zim Integrated Shipping Services said Thursday. Nissim Yochai, executive vice president of trans-Pacific trade…

October 11, 2019
Read More >>

India looks to tighten screws on carrier surcharges

Indian officials are seeking stakeholder support to create a standard operating procedure by which an exporter can pay freight charges directly to a shipping line instead of a freight forwarder or an intermediary. Photo credit: DP World Subcontinent. Facing mounting pressure from freight industry groups over what they say is an increasingly uncompetitive transport pricing environment, the Indian government is actively considering a regulatory system to tighten the noose around…

October 11, 2019
Read More >>

US railroads nudging shippers away from trailers

Marten Transport, which has been doing TOFC since 2005, will shift to containers after talking with BNSF and NS about how to maximize the use of trains and terminal space efficiently. Photo credit: Marten Transport. Two refrigerated (reefer) intermodal carriers have purchased more than 1,000 containers combined this year as part of a larger effort by some US Class I railroads to limit the use of trailers by shipper customers….

October 10, 2019
Read More >>

DHL looks to capitalize on growing El Paso market

Demand for logistics space in El Paso remains “very strong,” according to industrial real estate developer CBRE. Photo credit: Shutterstock.com. El Paso, Texas, may not rival Laredo as a long-haul truck crossing point for Mexican freight, but it is the hub of an extensive cross-border manufacturing region that encompasses Texas, New Mexico, and the Mexican state of Chihuahua. DHL Global Forwarding is expanding its El Paso operations to better mine…

October 10, 2019
Read More >>

Flexport adds visibility capabilities with Crux buy

Flexport’s purchase of visibility software provider Crux is only the second M&A deal in the San Francisco-based forwarder’s six-year history. Photo credit: II.studio / Shutterstock.com. The freight forwarder Flexport has acquired the container visibility software provider Crux Systems, positioning Flexport as a third-party provider of visibility data, even to shippers not using the company for its forwarding services. The purchase, terms of which were not disclosed, is only the second…

October 10, 2019
Read More >>

Logistics market awash in unhelpful ‘solutions’

Augmented and virtual reality apps could help visualize practical solutions for organizing laydown space and cargo flows. Photo credit: Shutterstock.com. The pace of technological growth is exceeding the logistics sector’s ability to come up with ways to use it. As Abir Thakurta, vice president of global supply chain for Atlanta-based Havertys, put it at the JOC LogTech 2019 conference, held in early September in Las Vegas, the market is awash…

October 10, 2019
Read More >>