Warehouse space is at a premium right now and with peak season right around the corner, shippers are starting to scramble for space. “Central Freight is in negotiations to sell a substantial portion of its equipment,” the company said in a statement. “Jerry Moyes pumped a lot of money into the company, but it just wasn’t enough,” Kalem said. At that time, Kalem said the company was “working to find alternatives” and couldn’t speak because of nondisclosure agreements. Kalem said the company had 65 terminals prior to its decision to shutter operations. Despite diligent efforts, CFL “was unable to gain commitments to fund ongoing operations, find a buyer of the entire business or fund a Chapter 11 reorganization,” another source familiar with the company told FreightWaves.
MSC will introduce a Panama Canal Surcharge (PCS) on shipments from Asia to the US East Coast and US Gulf Coast, citing https://www.lite-editions.com/doing-the-right-way/ operational constraints… The investigation by Australian authorities involves alleged share sales activity in late 2024 and early 2025 by Chairman Richard White and three employees. The consortium of nine liner carriers has launched its first product to facilitate the adoption of electronic bills of lading and other digital standards it is developing.
For businesses involved in manufacturing, packaging, and supply chain management, distinguishing between net weight vs tare weight is critical. Chemical shippers and their partners keep critical shipments moving safely and efficiently—refining their strategies and getting creative despite considerable challenges. Sustainability initiatives can improve a company’s supply chain performance, as well as its environmental footprint. China’s dominance in manufacturing and exporting has taken a massive hit in the past few years, the global share of exports in consumer shown a downward pattern since 2016. Australian wine exports suffered an 11 per cent decline in the year to September 30, triggered by Chinese tariffs, freight bottlenecks and changing consumer habits during the pandemic.
Small car COE premiums jump to record $129,000
“I think it was surprising that there wasn’t a buyer for the entire company, but buyers were interested in certain pieces but not in the whole thing,” the source, who didn’t want to be identified, told FreightWaves. A source familiar with the company said he is unsure whether CFL will file Chapter 7 or “liquidate outside of bankruptcy,” but that the LTL carrier has no plans to reorganize. Central Freight Lines is the largest trucking company to close since Celadon ceased operations in 2019. So, a company could send off a shipment of diesel and find that it dropped by $1 per gallon in the time the diesel traveled from the Gulf Coast to New York — er, New Jersey. The closures have reduced the region’s oil processing capacity to just 818,000 barrels per day, down from 1.64 million barrels per day in 2009. Looking at this economically, it’s worthwhile if it saves one human life.
Christmas comes early for retailers
Delivery times lengthened to a new record during the month, new orders and shipments fell, and inventories entered negative territory. Over the past two weeks, regional manufacturing surveys have reported generally positive readings amid logistical challenges. FreightWaves’ Flatbed Outbound Tender Reject Index, both a measure of relative demand and capacity, moves directionally with the ISM PMI.
The Financial Conduct Authority (FCA) is urging customers of commercial insurance broker Anthony Jones (UK) Ltd to contact their insurers directly to check their policies remain valid after the company agreed to stop carrying out regulated activities. FedEx is investing in technology and talent for specialised services to move delicate and dangerous automotive goods across global borders, while meeting priorities of speed, compliance, visibility and safety. ECG’s General Assembly and Spring Congress 2026 saw FVL experts highlight trends and challenges, including shifting trade routes and capacity concerns.
- Several carriers have already filed for bankruptcy in the last two months, including Texas International Enterprises, STG Logistics and family-owned, Illinois-based carrier Bulmaks.
- The changes affect shipments to Mozambique, Liberia, Saudi Arabia,…
- The concept of a fourth-party logistics (4PL) provider was first defined by Andersen Consulting (now Accenture) as an integrator that assembles the resources, planning capabilities, and technology of its own organization and other organizations to design, build, and run comprehensive supply chain solutions.
- Despite no shortage of political statements and media reports that an imminent opening of the Strait of Hormuz is close, the reality is that the strait remains effectively closed.
- Over the past two weeks, regional manufacturing surveys have reported generally positive readings amid logistical challenges.
The North Queensland Bulk Ports Corporation invested $1.8 million to expand cargo capacity at the port as well as other major extensions and revisions. Earlier this week Svitzer is threatened to go hold an employee lockout for ports all around Australia. The latest innovation in the freight industry comes from Australian company Spectainer; the company has developed a revolutionary collapsible container which will change the shipping industry for the better. China’s major seaports have opened up over 100 new container shipping routes this year, the decision was made to provide better support disrupted supply chains as well as strengthening China’s foreign trade.
Dubai is Regional Logistics Hub via Integrated Cargo System
Technology developers are emphasizing the need for greater visibility into networks of loads and trucks and greater trust in shipper-carrier partnerships. The $6 million influx into UK-based artificial intelligence technology provider Nexcade comes as the cost of building AI tools is likely to rise in the coming years. Coverage includes logistics technology startups, logistics technology solutions, venture capital, management and impact, freight forwarder technology and the latest supply chain and logistics technology. DHL Supply Chain Japan, which is the leading contract logistics company in the https://thetimefinder.com/why-mobility-management-is-the-key-to-operational-agility/ world, and Toho Holdings, one of the leading… BJC Logistics, a niche specialist in high-security supply chain management, on June 7, 2026, announced numerous major strategic partnerships for… CookieDurationDescriptionhandlID1 monthHandL UTM Grabber plugin sets this cookie to count visits and traffic sources to measure and improve site performance.
Inquiring about a carrier’s flexibility to scale capacity or operate more trucks to meet demand will be vital questions for shippers to ask. Several carriers have already filed for bankruptcy in the last two months, including Texas International Enterprises, STG Logistics and family-owned, Illinois-based carrier Bulmaks. In 2026, shippers will be less interested in chasing rock bottom trucking rates and instead prioritize reliable capacity, DAT iQ Principal Analyst Dean Croke told Supply Chain Dive. But shippers must remain proactive and plan air freight shipments more strategically to avoid excessive transport costs, according to Bournisien. Although rates may fluctuate slightly due to standard practices — for instance, carriers using blank sailings to manage capacity — rates will not be a concern for shippers. Stabilizing market dynamics for shippers could be curtailed by overcapacity and network complexity risks, logistics experts said.
High-Impact Moves for a Sustainable Supply Chain
NSW Ports has presented its strategy for expanding freight rail capacity to congestion off roads. The ship is expected to depart Port Botany on Sunday the 30th of October, but the vessel will be delayed into New Zealand ports. Normally, at this time of the year, there’s a surge in the flow of goods from Asia’s, however, retailers are struggling to shift inventory. Beijing imposed 218 per cent tariffs on imported Australian wine over the past two years. Australia’s sales of liquefied natural gas are climbing, while Australia has delt with the fallout of the Russia’s invasion, it has also benefited from the commodity squeeze it triggered.
Customized metals intermodal solutions in closed ocean containers Streamline your supply chain with our resilient transportation solutions, meticulously aligned with your industry’s demands. Our managed transportation solutions can be tailored for even the most complex industries. Odyssey Logistics has been recognized with two prestigious industry awards that showcase the company’s commitment to excellence. Odyssey Logistics is proud to announce Maneet Singh, chief information officer and chief digital officer, has been named the 2025 Carolina CIO ORBIE Award
Madhya Pradesh secures investment proposals worth Rs 1,592 crore at Bharat Tex 2026; over 15,700 jobs expected
Delays in international freight can lead to shortages in raw materials and goods, and rising costs of transporting the items can also push up prices on many commonly used products. With reduced cargo volume, many ships are transporting less than their carrying capacity while some ships are forced to stay anchored with no shipment deals. Prices of sustainable aviation fuel have skyrocketed in recent months as supply fails to keep up with demand, pushing some shippers and forwarders to take on higher costs. With more shippers opting to power air cargo flights with sustainable fuel as part of sustainability goals, manufacturers and government officials are racing for ways to scale supply and lower prices. The company has also said that there are no indications that any other https://scivast.com/articles/knowledge-based-systems-examples-applications/ data or DNV servers have been affected and that the server outage does not impact any of the company’s other services.