FedEx Logistics rolls out instant visibility feature for airfreight clients

FedEx Logistics and Electrolux are participating in the commercial rollout of a service that enables merchants to electronically sign off on air cargo bookings before their freight forwarder completes the transaction with an airline through a digital marketplace. The parties say that makes procurement decisions more predictable and efficient. The new capability, enabled by freight…

Borderlands: Uber Freight report says cross-border trucking showing continued resilience

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: An Uber Freight report says cross-border trucking is showing continued resilience; a 3PL secures $100 million to expand its network of cross-border warehouses; a pepper puree manufacturer opens a production hub in New Mexico; and 26…

Container shipping under pressure as peak season hopes dim

One of the earlier scenarios for container shipping’s 2023 peak season went like this: Importers would get cocky and keep much of their business in the spot market. Shipping lines would heavily curtail trans-Pacific transport capacity. America’s inventory overhang would evaporate just as holiday imports ramped up. Spot rates would jump — just as they…

Puttin’ on the Blitz

This week’s FreightWaves Supply Chain Pricing Power Index: 25 (Shippers) Last week’s FreightWaves Supply Chain Pricing Power Index: 25 (Shippers) Three-month FreightWaves Supply Chain Pricing Power Index Outlook: 30 (Shippers) The FreightWaves Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for…