Maersk Line Sees Record Profit

Maersk Line Sees Record Profit

May 20, 2013

As reported in the Journal of Commerce, Maersk Line recorded a $204 million operating profit this quarter. The driving force behind this success has been higher freight rates and “a lower fuel bill that more than compensated for flat container volumes.” To read more click HERE.

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Nominations Close June 7 for 2024 Women in Supply Chain Award

This award recognizes female supply chain leaders and executives whose accomplishments set a foundation for women in all levels of a company’s supply chain network. Submissions close June 7!

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SCN Summit: State of the Supply Chain

June 4, 2024

Register now to hear from experts about the State of Today’s Supply Chains through topics revolve around Warehouse Automation, Generative AI, Automation, Electrification, Company Culture and more.

Mitigating supply chain threats is of utmost importance heading into 2024.

Mitigating Supply Chains: More Than Just Table-Stakes

Not being able to see ahead and predict and plan accordingly is what sometimes plagues many of today’s supply chain companies. Here’s why mitigating supply chain threats is of utmost importance heading into 2024.

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The Role of Medium-Duty EV Trucks During Peak Seasons

All last-mile food deliveries should be made with electric vehicles (EVs) sooner rather than later. So, the big question is, why aren’t we there yet?

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Micro-Fulfillment – From Warehouse to Grocery Store

The growth of consumers staying at home and buying food/merchandise online is not slowing down. Luckily, grocers have a wide range of technology and suppliers to move forward developing micro-fulfillment operations to satisfy the demand.

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Sheer Logistics Acquires CargoBarn, Enhances 3PL and 4PL Services

Sheer Logistics acquired CargoBarn, a tech-enabled third-party logistics provider (3PL) that provides full truckload freight brokerage, expedited, drayage, and other specialized services.

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4 Questions Food Shippers Should Ask Prospective Freight Brokers

Shipping bid season is upon us as shippers look to add certainty and flexibility to their operations. Often, this means leveraging broker agreements to add scalable trucking capacity.

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Automation Guidance Consulting Service to Help Operations Upgrade Automated Material Handling Equipment

Kenco launched Automation Guidance, a consulting offering dedicated to helping operations managers upgrade their existing facilities with automated material handling equipment assets.

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3PL Market Experiences Decline in Shipments, Invoice per Shipment and Total Revenue

Total shipments saw a 4.7% quarter-over-quarter decrease and an 8.9% year-over-year decline. Invoice amounts per shipment and total revenue also faced significant drops, indicating that the fourth quarter was the toughest of 2023.

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BlueGrace Deepens Cloud-Based Technology with Acquisition of Evos Smart Tools Optimization Platform

BlueGrace Logistics acquired Evos Smart Tools, a Software-as-a-Service (SaaS) optimization platform that helps shippers maximize resources and reduce costs through advanced supply chain algorithms and real-time data analytics.

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Cold Chain Boxing Service for Influencer Brands

Cold Chain 3PL handles everything from curating bespoke influencer kits to managing shipping logistics.

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Logistics Confidence Index Signals Flat Shipper Confidence for Q2

The second quarter of 2024 forecast reveals horizontal to slightly down confidence from shippers across industry segments, according to research released by BlueGrace Logistics.

Analytics and networks connect last mile transportation.

Why AI and Accuracy Are a Requirement for Optimizing the Last Mile

Years of innovation to revolutionize the last mile has answered the call to improve costs and drive efficiency, culminating in the latest advances in AI that synthesize analytics and tracking to transform the future of 3PL operations.

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Technology & Communication Lead to Improved Real-Time Visibility in Food Supply Chain

Having visibility from the time a load leaves the shipper until it arrives at its destination allows for recovery plans to be made in real time.

The Food Logistics and Supply & Demand Chain Executive team.

Manifest 2024: Automation, Robotics and Puppies, Oh My

The week of Feb. 5 in Las Vegas was ripe with lights, bells and tons of buzz, but it wasn't just because Super Bowl LVIII was to take place that weekend. It was because of Manifest 2024.

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Manifesting a Bigger, Bolder Space for Supply Chain

The 2024 Manifest Las Vegas event proved again to be a space where big ideas prosper in big ways.

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New Space Construction Experiences 50% Drop While Consumer Sentiment Remains Positive: Study

Despite inflation, holiday spending in 2023 outpaced the year before, and the annual growth of spending continues, but the rate of growth is slowing and returning to pre-pandemic levels, according to new data from ITS Logistics.

Top 3 Pl & Cold Storage Providers Resized

Nominations Open for 2024 Top 3PL & Cold Storage Providers Award

3PLs and cold storage providers remain a key puzzle piece to building and nurturing partnerships, cultivating resilience and helping companies in the cold food space overcome supply chain disruptions. Submissions close March 22.

Rock Stars Of The Supply Chain Resized

Rock Stars of the Supply Chain: Disrupting Supply Chain Disruptions

Supply chain rock stars are the backbone of the cold food chain. Meet the winner's of this year's Rock Stars of the Supply Chain award.

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Impact of Advanced Logistics and Data-Driven Strategies on the Food Supply Chain

One of the keys to the transformation of the global food supply chain is data, and how the industry’s ability to harness, analyze, and translate data into comprehensive supply chain strategies has impacted the food supply chain.

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Container Management & Visibility Platform Saves Customers Tens of Millions

ITS Logistics announces its proprietary, custom-built container management and visibility platform, ContainerAI.

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Parts and Labor Costs up 1.9%

Parts and labor expenses rose 1.9% during Q3 of 2023, according to data released by the American Trucking Associations’ Technology & Maintenance Council (TMC) and Decisiv Inc.

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Vizion Announces Global Trade Intelligence Solutions through Collaboration

The TradeView SaaS platform will provide live monitoring of over $7.5 trillion in goods powered by 130+ data sources covering over 60% of container shipments from origin.

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Navigating the Diesel Price Surge

While the scale of food and beverage logistics networks makes diesel prices particularly impactful, exploring cost-competitive alternative fuels can provide network price stability and reduce emissions.

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Rock Stars of the Supply Chain: Fresh Freight's Matt Heroux Named Overall Top Shipper

Matt Heroux, president of Fresh Freight, was named an overall winner of the Top Shippers category for this year’s Rock Stars of the Supply Chain award.

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Index Reveals LTL and Truckload Q1 Expectations

The latest release of the index expects LTL rates to remain relatively flat with subtle fluctuations and truckload rates to continue hovering near the floor established in Q2 of last year.

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Navigating Industry Shifts into the New Year

Here are projections for 2024 based on the events of the previous year and an outline of strategic moves that logistics companies can implement to fortify their businesses and maintain resilience in the evolving landscape.