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Ocean Freight

Import Customs Brokers > News > Ocean Freight
30 Jun
McCormick will run 24-hour operations after pandemic-driven home cooking depletes inventories
Category: Air Freight, Contract Logistics, ...
Manufacturing capacity became “a pressure point,” said McCormick’s CEO, as demand surged and sales grew 26% year-over-year in the consumer segment. 
29 Jun
Freight market shows slight improvement in May
Category: Air Freight, Contract Logistics, ...
The scale and timing of recovery depend largely on uncertain customer demand amid high unemployment and spiking coronavirus infection rates in some reopening states.
26 Jun
UPS lowers peak surcharge on China-US shipments starting Sunday
Category: Air Freight, Customs Brokers, Fre...
The reduction coincides with a gradual calming of airfreight demand and rates, but surcharges remain above the amount announced in March.  Go to Source Author: Shefali Kapadia
26 Jun
Nike increases digital fulfillment capacity 3x due to pandemic
Category: Air Freight, Customs Brokers, Fre...
The retailer adjusted its inventory buying plans, canceled roughly 30% of pre-pandemic factory purchase orders and is highlighting its investment in demand s...
25 Jun
DHL, Blue Yonder, Microsoft partner on warehouse robotics platform to speed deployment
Category: Air Freight, Customs Brokers, Fre...
The platform will allow customers to standardize onboarding and operations management for various types of warehouse robotics and helped to cut down integration time by 60%...
25 Jun
Boeing asks supplier to cut back production citing pandemic, high inventory
Category: Air Freight, Customs Brokers, Fre...
Spirit AeroSystems delivered 606 shipsets to Boeing in 2019. In 2020, it will deliver 72. Go to Source Author: Matt Leonard
24 Jun
FEMA winds down PPE flights as ‘supply chain is stabilizing’
Category: Air Freight, Customs Brokers, Fre...
Brokers have said the PPE procurement process is nowhere near normal, and the agency has an agreement with airline partners to redeploy Project Airbridge if needed.  Go to ...
24 Jun
Ford plans to go carbon neutral by 2050
Category: Air Freight, Customs Brokers, Fre...
Stakeholder engagement work has included surveying 83% of its supplier base (78% of which responded) to better understand scope 3 emissions and water usage, and sharing bes...
24 Jun
Kuehne + Nagel extends 2030 net-zero carbon goal to include suppliers, contracts
Category: Air Freight, Customs Brokers, Fre...
The new target incorporates contracted services and purchases, adding nearly 60 times the emissions to measure and manage compared to the company’s previous 2010 goal. Go ...
23 Jun
Sales plummeted 14% in April leaving companies with bulging inventories
Category: Air Freight, Customs Brokers, Fre...
The inventory-to-sales ratio paints a clear picture of the pandemic and the economic turmoil it has created across retail and manufacturing, leaving product to languish in stock...
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