Freight Shipping Industry News

Logistics

• Brexit Border Trouble Grows as Key Customs System Maxes Out January 20, 2021
  A key U.K. government customs system has been overwhelmed within weeks of Brexit and threatens to trigger more disruption as freight traffic rebounds.
• Virus Update: Biden to Join Global Covax Initiative; India to Ship Vaccines to South Asian Nations January 19, 2021
  The latest supply-chain news and insights on the novel coronavirus and global response to the outbreak.
• Piracy Surge Off West Africa Draws Maersk Call for Action January 19, 2021
  Pirate attacks have pushed up insurance and other costs for shippers operating off West Africa, with some resorting to hiring escort vessels manned by armed navy personnel.
• U.S. Officials Plead for More Use of Languishing Antibody Drugs January 17, 2021
  U.S. health officials are pleading for more use of COVID-19 antibody therapies from Eli Lilly and Co. and Regeneron Pharmaceuticals Inc. that have been plagued by logistical issues, lack of efficacy data and insufficient reimbursement.
• New Global Visibility App Sees Delays Before They Happen January 15, 2021
  Organizations can’t manage what they can’t see, but a new application from supply chain software provider E2open is offering clarity.
• Vector Announces Contactless Pickup and Delivery Supply Chain Solution January 14, 2021
  Vector, a mobile-first workflow automation platform for enterprise shippers, 3PLs, carriers and retailers, recently announced enhancements to its catalog of contactless solutions, including document digitization, mobile workflow automation and contactless electronic bill of lading. 
• USPack Expands Pharmaceutical & Critical Parts Distribution Capabilities with Acquisition of Capital Delivery Systems January 8, 2021
  USPack, a national provider of high-speed final-mile logistics and a NewSpring Holdings platform company, recently announced the acquisition of Capital Delivery Systems, expanding its final-mile delivery capabilities and national footprint.
• LSP Saves Customer $1.5 Million a Year With MPO Global Inbound Management January 8, 2021
  Challenge: A multinational oil and gas company relied on thousands of suppliers worldwide — including remote partners in Azerbaijan, Alaska and Angola — for time-critical materials. However, the company lacked adequate visibility and transportation management over it’s 60,000 purchase orders per year, resulting in incomplete deliveries, poor shipment-status insights and high administrative and process costs.
• Ship Orders Slump 50% With Owners Unsure Which Green Fuel to Use January 8, 2021
  Orders fell almost 10% in 2019 and then more than 50% in 2020 to the lowest in at least two decades, IHS Markit data show. If activity doesn’t pick up, that could lead to a dearth of vessels and a spike in freight rates in a few years.
• Seven Shifts in Retail Logistics to Expect This Year January 4, 2021
  It’s time for retailers emerging from a shaky peak season to reflect and plan for what’s ahead.