CNBC November 6, 2023 Lori Ann LaRocco The CNBC Supply Chain Survey was conducted October 21-October 31 among logistics executives who manage freight manufacturing orders and transportation, including those at C.H. Robinson, DHL Global Forwarding Americas, SEKO Logistics, Kuehne + Nagel, OL USA and ITS Logistics. The current situation is a result of aggressive Fed policy to raise interest rates which has hit the housing market especially hard, dampening new home purchases, said Paul Brashier, vice president of drayage and intermodal at ITS Logistics. Discounts on popular items are being lim ..read more

CNBC November 3, 2023 Lori Ann LaRocco Containerships have priority in crossing the canal due to their contracts. The most impacted vessel types are wet bulk and dry bulk vessels, Ashiq said. “This may start a shift in bookings for Transpacific freight destined to the U.S. East and Gulf through the Suez Canal, which is located in a region with significant geopolitical headwinds,” said Paul Brashier, vice president of drayage and intermodal at ITS Logistics. Read the full article here. The post Panama Canal drought threatens half of vessel traffic appeared first on ITS Logistics LLC ..read more

The LoadStar October 26, 2023 Ian Putzger The road of pain has lengthened month by month; last year trucker revenues rose 7%, whereas costs climbed 22%, according to Freight 360. Moreover, many who struck out on their own during the pandemic bought trucks at inflated prices, and now find the interest payments tougher to sustain. “As trucking raters continue to plummet, many trucking providers are operating at a loss to maintain revenue streams,” said Paul Brashier, VP drayage and intermodal at ITS Logistics. “While diesel prices continue to increase, more freight carriers are expected ..read more

Logistics Management October 27, 2023 Jeff Berman The October edition of the ITS Logistics US Port/Rail Ramp Freight Index, which was recently issued by Reno, Nev.-based ITS Logistics, a 3PL focused on drayage and intermodal services, pointed to ports running smoothly and not seeing any major interruptions, coupled with an observation that the trucking market is seeing more capacity leaving the market than entering it. The ITS Logistics US Port/Rail Ramp Freight Index forecasts port container and dray operations for the Pacific, Atlantic, and Gulf regions. Ocean and domestic container rail ..read more

When researching logistics providers, it is important to learn more about the quality of operations and management of each company. When it comes to distribution and fulfillment services, warehouse facilities can be a telling sign of what is going on behind the scenes. Warehouses are essentially the center of the commercial world, but not every warehouse is operated or maintained to the same standards. “When I walk through our warehouse facilities, I find myself asking: What would my dad say? Our general campus manager, Todd Huber, plays the role of ‘Dad’ at our Northern Nevada facilities ..read more

DAT IQ Live October 3, 2023 Ken Adamo “What is the market saying about data trends and the role that data plays on the journey to more autonomous supply chains?” asks Dean Croke, Principal Analyst. “There has always been this historical issue around pure software providers vs 3PL solutions in terms of solving BCO and shipper supply chain visibility and data issues. It goes all the way back to my days at GT Nexus over 20 years ago. Think back, originally who had the advantage? It was the 3PLs who had the advantage. They were the early movers, they had the business knowledge, they had the cus ..read more

RailwayAge October 20, 2023 Carolina Worrell The Prince Rupert Port Authority (PRPA) begins construction on C$750 million Ridley Island Export Logistics Project (RIELP). Also, ITS Logistics releases its October forecast; and the Port of Long Beach (POLB) achieves its strongest September on record. ITS Logistics ITS Logistics on Oct. 19 released the October forecast for the ITS Logistics US Port/Rail Ramp Freight Index, revealing that “port operations continue to run smoothly in all regions without any major interruptions.” Trucking providers are also being urged to focus on sustainable rate ..read more

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