3PL/4PL: Page 91

Spot Load Volume Drops 11%, Prices Fall

DAT Freight & Analytics

Available capacity increased 3.7 percent compared to the previous week, which helped push spot truckload rates down across all three equipment types.

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China’s Economic Woes Weaken U.S. Exports

September was the eighth straight month in which empty containers leaving the Port of Long Beach outnumbered those loaded with exports.

Last month, Long Beach and the Port of Oakland both reported double-digit gains in exports of empty containers. So far this year, empties at the two ports are up more than 20 percent from a year earlier.

DHL: Asian and Indian Food Retailers Largely Unaware of Logistics Costs

Nearly 40 percent of Asian food retailers are unaware of logistics costs while six in 10 Indian food retailers are struggling to maintain adequate stocks, according to the "Hungry for Growth" report commissioned by DHL.

DHL and Compass Group U.K. & Ireland will partner on providing catering services to customers in the public sector, airline, rail and facilities management industries.

Iran To Modernize Fleet To Re-Enter Western Markets

The Islamic Republic of Iran Shipping Lines (IRISL) hopes to become one of the world's top ten shipping lines after recently announcing plans to modernize its fleet and ally with international shipping majors to tap western markets.

Dr. Mohammad Saeidi, was recently named managing director of IRISL.

Spot Load Availability Rises 5.7% For Week As Shippers Move Inventory

DAT Freight & Analytics

Demand for trucks rose as shippers rushed to move inventory before the end of the quarter. A 1-cent decline in the average fuel surcharge helped keep spot rates in check.

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Logistics Companies Expect Big Payoff From Pacific Trade Deal

The deal requires congressional approval, and faces a big hurdle in Washington as the 2016 elections draw closer, wrapping lawmakers in high-key electoral politics.

From small freight brokers like Portland, Ore.-based Geo. S. Bush & Co. Inc. to global logistics giants like United Parcel Service Inc., supply chain providers are gearing up for a surge in business they believe the historic agreement will bring to Pacific trade.

FedEx And UPS Raise Fuel Surcharges Despite Lower Fuel Prices

FedEx Corporation

The package-delivery company previously boosted its fuel-surcharge index in February, following a similar increase by rival United Parcel Service Inc.

The new business will locate Amazon at the center of a logistics industry that involves not just shippers like FedEx and UPS but also legions of middlemen who handle cargo and paperwork associated with transnational trade.

Walmart And 7-Eleven Partner On Pickup Lockers In Toronto

The service provides customers who shop online at Walmart.ca a free shipping option where they can pick up their order at 7-Eleven stores for no cost.

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UPS Tries To Thwart FedEx Acquisition Of TNT Express

United Parcel Service Inc.’s tie up with TNT Express NV was blocked by the European Union two years ago. Now, the world’s biggest package delivery company wants the EU to frustrate FedEx Corp.’s bid to run off with the Dutch rival it once courted.

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AGRO Merchants Acquires Nordic Logistics and Warehousing LLC

Agro Merchants Group

The deal will add a total of 12 facilities, 70 million cubic feet of refrigerated and frozen space, and 218,000 pallet positions to the AGRO network – making it the fifth largest global third party temperature-controlled provider.

Ocean Ports & Carriers

Imports Bring Port Of New York And New Jersey Busiest August Ever

Nearly 330,000 containers passed through terminals overseen by the Port Authority of New York and New Jersey, a 7.9 percent gain from a year earlier.

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.

Lineage Logistics To Increase High Pressure Processing Capacity At Two Facilities

HPP is a post-packaging, non-thermal pasteurization method of killing potentially harmful pathogens, such as Listeria, E. Coli, and Salmonella using isostatic pressures of up to 87,000 psi.

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