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3PL/4PL: Page 85
Warehousing
Amazon Leases 20 Boeing 767 Aircraft To Build Air Cargo Network
Amazon could cut its soaring shipping costs if it relies less on external delivery services, such as UPS, FedEx or the U.S. Postal Service.
3PL/4PL
New Jersey Transit Strike Threatens Freight Rail Service
Norfolk Southern Corp.
Norfolk Southern Corp., CSX Corp. and their wholly-owned subsidiary Conrail could face minor to moderate interruptions if they can’t run on NJ Transit’s tracks during a work stoppage.
3PL/4PL
Big-Box Warehouse Construction Surges
Building of new “big box” warehouse space, or facilities over 300,000 square-feet with 28-foot ceilings or higher, increased almost six times in four years to 61 million square-feet in 2015, according to Colliers International Group Inc.
Ocean Ports & Carriers
Hapag-Lloyd Becomes First Ocean Carrier To Participate In Cloud-Based Collaborative Stowage Platform
Hapag-Lloyd
Hapag-Lloyd is the first ocean carrier to sign on for the pilot program of XVELA’s next-generation solution, underscoring the company’s long-standing commitment to innovation.
Ocean Ports & Carriers
Admiral Clarifies Coast Guard Policy On Weight Containers: Agricultural Transport Coalition Applauds Him
The Admiral stated that the SOLAS Container Weight Certification Amendment provides flexibility pertaining to various ways carriers can get verified gross mass, and how they do so is a "business practice."
Ocean Ports & Carriers
Port Of New York And New Jersey Sets Record Container Volume Second Straight Year
Port Authority of New York and New Jersey
During the year, the port handled 6,371,720 20-foot equivalent units (TEUs) (or 3,664,013 cargo containers), an increase of 10.4 percent over 2014 when the previous annual record was established.
3PL/4PL
Canadian Pacific Railway Revives Bid For CSX Corp.
Canadian Pacific Kansas City (CPKC)
Although Canadian Pacific remains committed to its about $30 billion bid to acquire Norfolk Southern, the company is determined to build a transnational railway and wants to keep its options open.
3PL/4PL
Ocean Container Trade Faces Historic Overcapacity
AlixPartners LLP
The most-recent forecasts expect global container fleet capacity to grow by 4.6 percent in 2016, and another 4.7 percent in 2017, though spot prices for major routes have dropped 21 to 44 percent from a year ago because of plunging demand.
3PL/4PL
Target Corp. Taps Amazon’s Valdez To Oversee Supply Chain And Logistics
Arthur Valdez comes to Target from Amazon where he held leadership positions across the company’s global and domestic supply chain, including transportation, fulfilment and logistics.
Warehousing
Whole Foods Market Invests In Instacart, Signs 5-Year Pact
The two companies have also signed a five-year delivery partnership, these people said, making Instacart the exclusive delivery partner for Whole Foods’ perishables business.
3PL/4PL
Ready For A Rebound
The Midwest region still has its share of challenges recovering from the recession, but opportunity and availability for development exists.
Automation
Warehouse Software: Innovation Tracks Changing Market Demands
As single-order fulfillment explodes and new regulations arrive, users must scrutinize provider capabilities.
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