Domestic Freight Management
Winter Weather In The United States Could Cause Shipping Delays
Earlier this week, many parts of the Midwestern United States experienced up to 12 inches of snow accumulation during a single snowfall. As a result, critical shipping lanes throughout the United States could be experiencing significant delays. See more here.
ATA Truck Tonnage Index Increases In October 2018
The American Trucking Associations’ (ATA) seasonally adjusted (SA) For-Hire Truck Tonnage Index increased to 119.9 in October 2018. The Truck Tonnage Index increased 6.3 percent month-over-month and 9.5 percent year-over-year. See more here.
International Freight Forwarding
“Sea” The Difference In Your Import Activities
With several proposed tariff lists that are slated to go into effect, now is the time to start thinking about gaining visibility and improving efficiency within your supply chain. By combining outstanding customer service with best-in-class technology solutions, Ascent Global Logistics can help you simplify your import process. “Sea” more here.
NAFTA Partners Expected to Sign United States Mexico Canada Agreement (USMCA)
The United States, Mexico and Canada are expected to formally sign the USMCA. Experts predict the agreement could create a stronger trade environment in North America, which could create new opportunities throughout companies’ North American supply chains. See more here.
Port Of Savannah Handles Record Volume In October 2018
In October 2018, the Port of Savannah moved a record-breaking 413,800 twenty-foot equivalent units (TEUs). In addition, intermodal rail cargo increased 8.7 percent year-over-year in October 2018. See more here.
Kroger Expects To Build Automated Warehouse Near Cincinnati
Kroger is looking to break ground on an initial automated warehouse near Cincinnati, OH in 2018. This automated warehouse is expected to create 400 new jobs in warehousing and retail supply chain. See more here.
Economists Continue To Predict Positive Outlook For Retail Supply Chain Sectors
In a recent report from Supply Chain 24/7 Magazine, economists expect a 4.4 percent year-over-year increase in retail sales in 2018. As a result, supply chain managers will need to consider factors such as high employment, rising incomes and elevated consumer confidence when evaluating their supply chains. See more here.
Statistic of the Week
The amount of rail freight transported between the United States and other North American countries in September 2018, according to the Bureau of Transportation Statistics. Click here to access more stats.
Links of the Week
Catch up with the Ascent Global Logistics team at the below upcoming events:
PPAI EXPO 2019
Las Vegas, NV – January 13-17, 2019
TPM ANNUAL CONFERENCE
Long Beach, CA – March 3-6, 2019
International Holiday Calendar