FedEx Corp. said Wednesday it will increase shipping rates for its FedEx Express, FedEx Ground and FedEx Freight subsidiaries on Jan. 3, after the parcel giant and USPS already raised fees for the holiday season. FedEx Express shipping rates will increase by an average of 5.9 percent for U.S. domestic, and U.S. export and import…… Continue reading FedEx Announces Tranche of Rate Hikes
FedEx is raising its shipping rates, but not until the new year.
Global supply chains already tangled by the pandemic, labor shortages and sustained consumer demand in the U.S. are getting walloped by another disruptive force: Mother Nature. Typhoon Chanthu is expected to hover near the mouth of China’s Yangtze River through Wednesday, temporarily shutting operations at major ports. In Texas, the heart of the U.S.’s energy… Continue reading Storms From Texas to China Set to Worsen Global Ship Snarls
Subscribe Here! Email Address Subscribe to Supply Chain Game Changer Do You Have Hidden Freight Costs? Get Our EBOOK HERE Electric bicycle article and permission to publish here provided by Jake Rheude. Sales of e-bikes took off during the past year and show no signs of slowing down. If federal legislation for electric bike tax credits becomes law, many… Continue reading How Do You Ship an Electric Bicycle?
As the UK seeks more trade with Asia-Pacific, businesses may have to navigate the challenges and risks of the Yellow Sea This summer, HMS Queen Elizabeth made its maiden voyage to the Asia-Pacific. While the aircraft carrier conducted military exercises with British allies, its journey said as much about the UK’s evolving commercial ambitions as… Continue reading Trading through the political tensions of the Yellow Sea
Lean Shaping Shipping Although trade is beneficial, trading through ports is complex. Digital technology and harmonized standards can help. Published: Tuesday, September 7, 2021 – 12:02 Ever since people could tie logs together to form rafts and use them to transport goods by water, seaborne trade has flourished and grown. Historians believe that the first… Continue reading Shaping Shipping
The use of heavy-duty electric trucks is catching on. Performance Team, a Maersk Company, is adding 16 Volvo VNR Electric Class 8 trucks to its transportation fleet to replace 16 diesel trucks as part of Maersk’s Environment Social Governance (ESG) strategy to decarbonize logistics. At the same time, Hino Trucks, which less than a year…… Continue reading Maersk’s Performance Team Adding Electric Heavy-Duty Trucks to Fleet
Dive Brief: Geodis is using its own leased freighter aircraft starting this month for service between Hong Kong, Chicago, London and Amsterdam, according to a news release. This adds capacity on its main trade lanes in an airfreight environment where space is at a premium. The forwarder said the A330-300 aircraft, which is leased for… Continue reading Geodis leases freighter to secure capacity in tight air cargo market
Shipping bottlenecks and freight costs are hitting retailers across the board. While many players have responded with price increases for consumers, when the proposition is a single price point — say $1 — the options for mitigating costs are more limited. At Dollar Tree, management piled on an additional $185 million to $200 million in… Continue reading A tale of two dollar stores: Dollar Tree contends with freight, Dollar General mostly shrugs off costs
August 30, 2021 · By Karen E. Thuermer · The last 18 months have put tremendous pressure on freight forwarders. Consequently, this year’s Top 25 Global Freight Forwarders list, compiled by Armstrong & Associates, shows only slight movements in the rankings of the world’s biggest players. Most maintained their same slot with a few, such… Continue reading Top 25 Freight Forwarders: Challenges beget opportunities