Virgil Ferreira

🚚 How InXpress Solves Common Domestic Freight Challenges 🚚 Struggling with domestic freight shipping issues? Our latest video reveals how InXpress addresses the most common challenges in LTL and FTL shipping, providing efficient and reliable solutions for your business. With over two decades of expertise and a vast network of regional and national carriers, we're here to streamline your shipping process. 🎥 In this video, you’ll learn about: Our proactive approach to freight management Ensuring transparent communication and reducing missed pickups Competitive and comprehensive pricing analysis The powerful Webship Plus Transportation Management System (TMS) Find out how we can help your business overcome freight obstacles and ensure timely, hassle-free deliveries. Watch the video now and let InXpress be your trusted shipping partner. 🔗 Watch Now: https://lnkd.in/ghQkWrsU #InXpress #FreightManagement #LTL #FTL #Logistics #SupplyChainSolutions #Shipping

1

June 2024 Global Freight Market Update. Hello all, DTS Advance Logistics has just released its June newsletter to update everyone on the global freight market. The freight market is rapidly changing and DTS Advance Logistics understands that to have an efficient and effective supply chain you must be up to date on the current market trends. For this reason, our team has created a brief snapshot of what was in this month's newsletter. 💡 As negotiations between CPKC and the TCRC remain at an impasse and await a decision from the CIRB, both parties are urged to seek a resolution to prevent disruptions that could significantly impact individuals and businesses. 💡 Amid a growing container shortage and significant port congestion in northern China, freight forwarders advise shippers to book space in advance to navigate the unpredictable market conditions exacerbated by the Red Sea crisis and reduced vessel capacity.  💡 With the MV Dali successfully refloated and a new channel operational, carriers have resumed accepting bookings to Baltimore, alleviating the nearly two-month blockade caused by the ship's collision.  💡 As of May, liner services affected by Panama Canal transit limits have resumed their regular routes, reducing round trip times by 1-2 weeks, though experts caution that tonnage shortages persist and stress the importance of restoring the canal's draught limit to 50 feet to fully optimize ship capacity. 💡 In April 2024, U.S. inflation cooled slightly with a 0.3% month-over-month rise in the CPI and 3.4% year-over-year, while core inflation also decelerated, suggesting that despite ongoing increases in shelter and motor vehicle insurance costs, a gradual cooling trend may lead to policy rate cuts later in the year. 💡 With Canada's annual inflation rate easing to 2.7% in April, driven by lower grocery and restaurant prices despite a surge in gasoline costs, the Bank of Canada has decided to reduce their overnight lending rate in June by 25 basis points. 💡 Canadian West Coast Ports are experiencing the following delays, the Vancouver Port has an average delay of 9 days while Prince Rupert is experiencing an average delay of 11 days.  💡 The Canada Border Services Agency's CARM initiative, set to start on October 21, 2024, aims to streamline the collection of duties and taxes for imported goods and improve compliance, with importers encouraged to register on the CARM Client Portal ahead of the launch. 💡 With Transpacific Ocean freight reaching peak conditions in May and imports expected to surge further through the traditional peak season in June, carriers will be implementing another general rate increase (GRI) on June 1. If you would like to receive updates about the Global and North American Freight Market, you can sign up for our newsletter using this link: https://lnkd.in/g7XCHKR5 Sincerely, DTS Advance Logistics #supplychain #logistics #freightforwarding #customsbrokerage #globalcommerce #newsletter #customsclearance

2

The Federal Maritime Commission (FMC) is building a case for new container data sharing rules. They want to tackle the problems of inaccurate and slow data exchange that continue to plague the supply chain. The FMC believes that better communication and data sharing can improve efficiency and reduce congestion. Commissioner Bentzel, the project leader, is working with the Maritime Transportation Data Initiative (MTDI) to gather information. They’re asking container line operators and their customers to share insights. #thefreightarchitects #jaguarfreight #logistics

1

C.H. Robinson automates full freight shipment lifecycle with generative AI #inspiresce.ai #feedly https://buff.ly/4fwk874 In a Trustworthy AI-first O2C process, potential new roles could include AI Process Optimization Manager, Data Quality and Integrity Specialist, Ethics and Compliance Officer, and Customer Experience AI Specialist. SCOR DS processes affected include Plan Order, Plan Fulfill, Order, and Fulfill, scor.ascm.org. Are you ready?

9

2 Comments

I have an opinion piece in Transport Topics this month - it discusses what TL carriers need to know about how shippers look at transportation procurement. Specifically, I address the importance of monitoring the Spot Premium Ratio and the New Rate Differential in the markets. Enjoy the short read! #TL #transportation #procurement #spotpremiumratio #newratedifferential https://lnkd.in/esxiuvdP

137

9 Comments

In the second part of our Order Routing and Optimization series, Ken Mullen, VP of Supply Chain Solutions, dives into Transportation and Freight Cost Considerations. With rising supply chain disruptions and labor shortages, B2B organizations must find smart ways to cut transportation costs while ensuring customer satisfaction. From evaluating shipping methods to leveraging alternative fulfillment locations, these strategies can significantly reduce freight costs and avoid unnecessary backorders or lost revenue. Don't miss how your B2B business can enhance efficiency and boost the bottom line! https://hubs.li/Q02PNl_l0 #B2BLogistics #FreightOptimization #SupplyChainEfficiency #OMS

8

Assessing the Legitimacy of GoChatty: A Comprehensive Review!

1

1 Comment

In this quarterly report, Brewster Smith and Derrik Yim highlight the latest across the supply chain industry, including freight pricing trends, port capacities, labor dynamics, current events, and best practices. Discover the key updates in the June report, available here: https://ow.ly/UMRM50S92SM

17

This article highlights the significant challenges that the impending American port strike could bring to global supply chains. At AFS Logistics, we're acutely aware of the potential disruptions this might cause and are here to help navigate these uncertainties. Our team specializes in creating resilient logistics solutions tailored to manage and mitigate the risks associated with such chokepoints. If you're concerned about how this situation might impact your freight, don't hesitate to reach out. We're here to support your business through these turbulent times. #SupplyChain #Logistics #FreightSolutions #AFSLogistics

13

Shippers and LSPs are preparing for a potential East Coast port strike in the U.S., which could significantly disrupt operations, even though dockworkers and terminal operators appear to be mostly posturing at this point. Preparation is still key, with shippers and carriers examining alternative strategies to help mitigate the effects of a strike if it is to happen. Some carrier options may include port swaps, speeding up vessels, and blank sailings. #thefreightarchitects #jaguarfreight #logistics

2

Looking at Armstrong & Associates, Inc. Top 50 Global 3PLs, Europe’s logistics firms dominate the top 10, with six spots taken by companies from across the continent. It’s no surprise to see Amazon at the top, but Europe’s powerhouses—DHL Global Forwarding, DHL Supply Chain, Kuehne+Nagel, and DSV - Global Transport and Logistics are leading the pack. These companies exemplify Europe’s full-service logistics approach, mastering everything from transportation to fulfillment and warehousing to meet the demands of a rapidly evolving global market. As e-commerce grows and supply chains face new challenges, Europe’s logistics giants are stepping up, proving that tech-enabled, end-to-end services aren’t just nice to have, they’re critical to staying competitive. Data and automation are becoming the backbone of this industry shift, and European leaders are setting the pace. I’ll be speaking on these trends and more at the A&A 3PL Value Creation Summit Europe in Barcelona on November 14. Join me and top industry voices as we dig into how European and global logistics trends are shaping the future of supply chain, and what that means for your business. https://lnkd.in/geMqujiM I hope to see you there. #SupplyChainSummit #3PLSummit #LogisticsLeaders #Barcelona2024 #SupplyChainInnovation

25

4 Comments

With a market share increase to 43.4% in 2024, West Coast ports are regaining ground in U.S. imports. As the industry faces uncertainties, including labor negotiations and economic factors, the emphasis on operational stability remains crucial for retailers. https://okt.to/73B48m

4

Michael Angell published an article in the JOC.com Tuesday about shippers urging the Federal Maritime Commission to address shifting ERD and Cut-off dates for exports. In the article exporters have complained that "the lack of consistent information about container drop-off dates and vessel schedules is leading to higher costs and delays." A little over a year ago we built a solution to this problem that provides up-to-date ERD and Cut-off dates, vessel schedules, and much more to reduce the unnecessary expenses exporters have been dealing with for years because of these issues. If anyone from the American Chemistry Council or AMERICAN COTTON SHIPPERS ASSOCIATION (who were quoted in the article), the AGRICULTURE TRANSPORTATION COALITION (AgTC), or members of those associations or any other exporter groups are interested in learning more, send me a message or schedule demo on the Gnosis Freight website. #Exports #Exporters #SupplyChain #Logistics #ContainerTracking

15

The Federal Maritime Commission (FMC) is building a case for new container data sharing rules. They want to tackle the problems of inaccurate and slow data exchange that continue to plague the supply chain. The FMC believes that better communication and data sharing can improve efficiency and reduce congestion. Commissioner Bentzel, the project leader, is working with the Maritime Transportation Data Initiative (MTDI) to gather information. They’re asking container line operators and their customers to share insights. #thefreightarchitects #jaguarfreight #logistics

3

1 Comment

In this quarterly report, Brewster Smith and Derrik Yim highlight the latest across the supply chain industry, including freight pricing trends, port capacities, labor dynamics, current events, and best practices. Discover the key updates in the June report, available here: https://lnkd.in/gd6WR4k5

11

🚢 This month’s Ocean Freight Market Update outlines a strong pick-up in demand that has taken the market by surprise, leading to a shortage of containers and capacity. 📊 Despite a record increase in nominal capacity from new deliveries, effective demand currently exceeds the available capacity. Containership diversions to the Cape route remove another 7% of the total capacity. Container shortage has worsened in many Asian locations, with all new boxes fully booked until August. Capacity shortage could last through usual peak season until October. 🚢 The idle capacity currently stands at 0.3% (58 vessels) only with a total capacity of 92kTEU. Port congestion in Dubai and Singapore is causing schedule delays and more blanked sailings are anticipated. 📈 Rates to Europe are rising. The SCFI for the US West Coast has reached a two-year high. Space shortage persists with no new service additions. Despite capacity additions to Mexico, market rates remain high. 📰 Discover the up-to-date insights and detailed analysis of the #OceanFreight market, curated by our experts at DHL Global Forwarding in Ocean Freight. Read the full report here: https://okt.to/GNcl2x #DHL #DHLGlobalForwarding #Transportation #Logistics #FreightForwarding #OceanFreight

37