Domestic Freight Management

Cost Of Operating A Truck Increases 6 Percent In Latest ATRI Report

The American Transportation Research Institute (ATRI) announced that the cost for operating a truck increased 6 percent in 2017. The cost increase can be attributed to factors including driver wages, fuel costs, vehicle leasing costs and insurance premiums. See more here.

Driver Turnover For Large Truckload Fleets Hits Highest Level Since 2015

According to the American Trucking Associations (ATA), the annualized turnover rate at large truckload carriers increased to 98 percent in Q2 2018. The ATA expects this high turnover rate could be connected to the driver shortage. See more here.

International Freight Forwarding

Ascent Global Logistics To Host Webinar About The Latest Tariff Topics And News

Ascent Global Logistics will be hosting a webinar on topics related to Section 301 and Section 232 tariffs. The topics in this webinar will include the effects of tariffs on duty payments, surety bonds and increasing liability. See more here.

Port Of Long Beach Strike Continues But Does Not Affect Cargo Flow

Truck drivers and warehouse workers who serve the Port of Long Beach continue to strike this week. According to the latest estimates, there does not appear to be a significant impact on the flow of goods in or out of the port. See more here.

The Port Of Virginia Adds Additional Capacity

Four new gates were put into service on September 27, 2018 as part of a $320 million renovation project at the Port of Virginia. Analysts expect that the Port of Virginia has 30 percent additional capacity capable of handing up to 800 transactions per week. See more here.

Retail Consolidation

Walmart Stores See The Introduction Of Autonomous Cleaners

Recently, Walmart revealed that it began introducing self-driving autonomous cleaners into its stores. Walmart hopes that this will improve in-store efficiencies while continuing to help reduce prices. See more here.

Food And Beverage Suppliers Face Sealing Concerns

In a recent study from 8th and Walton, industry analysts have found that proper sealing is a concern for food and beverage suppliers. As a result, suppliers have begun to ensure that they maintain safety and quality of their products through proper packaging techniques. See more here.

Statistic of the Week

$15.7 Billion

The amount of North American freight carried by rail in June 2018, according to the Bureau of Transportation Statistics. Click here to access more stats.

Links of the Week

Aerotek Releases Manufacturing Hiring Report

What Is Next For Global Supply Chains?

Florida Declares State Of Emergency Ahead Of Hurricane

United States Mexico Canada Agreement (USMCA) Text From The Office Of the United States Trade Representative

Upcoming Events

Catch up with the Ascent Global Logistics team at the below upcoming events:  

HIGH POINT FURNITURE MARKET
High Point, NC – October 13-17, 2018

OUTDOOR RETAILER EXPO
Denver, CO – November 8-11, 2018

PMLA Private Label Show
Chicago, IL – November 11-13, 2018

67TH ANNUAL PORT OF NEW ORLEANS NIGHT
Memphis, TN – November 15, 2018

International Holiday Calendar

international holiday calendar week of 10.10.18

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