Shipper demand for 40-foot high-cube containers is still increasing, creating stowage problems for ocean carriers and analytical difficulties for trade forecasters using TEU measurements.
Carriers are becoming increasingly anxious about finding good drivers. Good drivers want to know why, in a time of shortage, they are not being rewarded better. And shippers are keeping their fingers crossed, hoping trucks will continue to be readily available - and affordable.
North American supply chains became more complex in 2012 as the economy continued to recover. Rapid innovation, higher seasonal sales and increased reliance on promotions contributed to make forecasting more challenging. These and other findings are contained in the Terra Technology Forecasting Benchmark Study, now in its fourth year.
CaroTrans International, a global non-vessel operating common carrier and freight consolidator, has inaugurated direct less-than-containerload (LCL) export service from Los Angeles to Suva, Fiji.
Amazon.com will open a one million-square-foot distribution center that will employ 1,000 people at the site of the former General Motors plant in Southeast Baltimore, the company said.
Brick-and-mortar retailers are sweating online competition this holiday season, perhaps more than ever. But it's all upside to UPS. The shipping giant is cashing in both on internet shopping and old-school retailers trying to mimic Amazon.com - shipping inventory around the country in an incessant supply-chain shuffling.
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