2 Reasons Shipping Costs Will Continue To Rise

The vast network of ports, container vessels and trucking companies that move goods around the world is badly tangled, and the cost of shipping is skyrocketing.  With the holiday season on the horizon retailers will face shortages and consumers should expect higher prices. The COVID-19 pandemic has prompted a long-lasting rise in transportation costs, leaving […]

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3 Problems Caused by the Congestion at U.S. Ports

Containerized shipping has become a problem of the chaotic supply chain facing U.S importers and Chinese exporters. Hopes are quickly fading that trans-pacific supply chains will normalize this year or even in 2022. Congestion contributes to the global shortage of shipping containers and the exponential cost of sea freight.  The number of ships is increasing.

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Walmart Will Open Local Delivery Service to Other Retailers

Walmart announced Tuesday plans to scale a program it calls GoLocal to make final-mile deliveries for businesses of all sizes.Walmart had previously restricted its last-mile service to the delivery of its own products. The program, called Walmart GoLocal, opens new revenue streams for the company by expanding its access to inventory and increasing delivery density,

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2 Challenges Facing The Trucking Industry

The trucking industry has entered a historically strong business environment, but trucking companies continue to face some persistent headwinds: Recruit enough professional truck drivers and infrastructure. With the shortage increasing driver pay, it can have a significant impact on supplier costs and therefore consumer pricing. It can also increase shipping delays and shortage at stores

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How Startups Are Digitalizing Logistics

Innovative start-ups are capitalizing on the high number of transactions and large amounts of data being handled and generated by logistics players to develop an expanding range of technology-driven solutions Digital freight startups use technology to streamline the process of connecting truckers with shippers looking to move cargo. Such ventures drew more than $2 billion

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What Would the Bipartisan Infrastructure Deal Do For The Logistics Industry

The White House and bipartisan lawmakers have agreed on a package that would provide funding for roads, bridges and other physical infrastructure. The deal calls for roughly $1 trillion in infrastructure spending. More than half is “new” money, including some $40 billion in spending to fix bridges, $39 billion to mass transit, $55 billion for

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2 Big Changes To The Freight Broker Market

Market Reports recently broadcasted a new study in its database that highlights the in-depth market analysis with future prospects of Freight Broker market. Some of the key players mentioned in this research are C.H. Robinson, Expeditors, Landstar System, TQL, Coyote Logistics, XPO Logistics, Yusen Logistics, Echo Global Logistics, JB Hunt Transport, Worldwide Express, Hub Group,

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