Logistics

Are the best logistics companies really tech companies?

Successful logistics companies tend to excel in several different areas, namely customer service, efficiency and transparency. Most of the high-tech products hitting the market exist to address these very same concerns. As the industry continues to navigate its fairly recent technological awakening, it is becoming clear that the best logistics companies boast a strong focus on technology. In fact, it has become nearly impossible to succeed in the space without embracing tech.

“Technology is...

https://www.freightwaves.com/news/are-the-best-logistics-companies-really-tech-companies

Surge Transportation forges digital pathway with TMS integrations

Digital brokerages have played an important role in the technological revolution of the transportation industry. Their disruptive innovation has challenged legacy players to take a step back and analyze the value of their current service offerings and motivate them to invest in bringing true capacity optimization and efficiency to customers, both carriers and shippers.

This revolution can be intimidating to the thousands of brokers looking to bootstrap their way into the digital era. From...

https://www.freightwaves.com/news/surge-transportation-forges-digital-pathway-with-tms-integrations

Maersk to set up logistics hub in King Abdullah Port

Maersk Saudi Arabia and King Abdullah Port have signed a deal to set up Maersk Integrated Logistics Hub, a non-bonded warehouse, to provide a comprehensive range of logistics services to local petrochemical exporters.

The new facility is expected to play an important role in facilitating the storage of export cargo and enable pallet handling as well as stuffing and stripping. Located 2km from the port’s container terminal, and directly adjacent to the customs inspection zone, its strategic...

https://www.themaritimestandard.com/maersk-to-set-up-logistics-hub-in-king-abdullah-port/

Understanding Transit Time in Shipping

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A very simple explanation for the term transit time is that – it is the time or the number of days taken for a consignment to move from point A to point B. In shipping terminology, this is referred to as transit time or transit days.

It is an important factor affecting businesses and any other operations that procure raw materials, parts, or finished goods from suppliers to be reprocessed, repackaged, or simply redistributed.

Generally referred to as raw materials, these items are shipped by...

https://www.marineinsight.com/maritime-law/understanding-transit-time-in-shipping/

A first: Teamsters union reaches agreement on contract with XPO

The Teamsters union has finally broken through with XPO Logistics (NYSE: XPO), reaching a contract agreement for the company’s Miami facility last week with rapid unanimous approval then being granted by the rank and file over the weekend. 

The contract between XPO and the Teamsters is historic in that it is the first that the union has been able to reach with XPO anywhere in the U.S. (XPO is partially unionized in Europe and says it has 212 unionized employees in the U.S. and Canada.) There are...

https://www.freightwaves.com/news/a-first-teamsters-union-reaches-agreement-on-contract-with-xpo

CBP finds meth stashed inside peanut shells

Hundreds of grams of methamphetamine were found stuffed inside peanut shells at an express consignment hub in Memphis, Tennessee, officials said Monday.

On June 29, CBP officers using an X-ray device said they spotted “suspicious anomalies” within a shipment labeled as “regional bread roasted peanuts regional dust sweet made of corn.”

CBP officers reportedly cracked open the peanuts and found a white crystal substance – later determined to be methamphetamine – concealed inside the shells. 

The...

https://www.freightwaves.com/news/cbp-finds-meth-stashed-inside-peanut-shells

Trucking, logistics firms owed thousands after freight forwarder files Chapter 7

Advectus Transportation Services files Chapter 7

More than 150 trucking, logistics and towing companies are collectively owed hundreds of thousands of dollars after a New Jersey freight forwarder specializing in shipping automobiles, boats and motorcycles worldwide abruptly ceased operations and filed Chapter 7.

Advectus Transportation Services of Linden, New Jersey, filed its petition in the U.S. Bankruptcy Court for the District of New Jersey on June 30.

In its filing, Advectus lists its assets as up to $50,000 and its liabilities as between...

https://www.freightwaves.com/news/trucking-logistics-firms-owed-thousands-after-freight-forwarder-files-chapter-7

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