“Don't judge each day by the harvest you reap but by the seeds you plant.” For Port City Logistics, one of the largest third-party logistics service providers in the Southeastern United States, those words are as true today as they were when noted novelist Robert Louis Stevenson first said them nearly 150 years ago. Coming off its best year yet, Port City continues to plant the seeds that will drive the company’s projected double-digit growth (67%) for 2022 and beyond.
Topics: port logistics
In 2019 many in the supply chain saw a lagging ability to compete as the industry maintained its reputation for being slow to adapt to technology. The following year, COVID-19 wreaked havoc in a process that was already more complicated than local freight shipping from Point A to Point B. As shippers continue to rebound from the pandemic, many are looking for ways to utilize strategy and technology to promote business resiliency. Supply Chain 24/7 noted that “In today’s highly competitive warehouse logistics market, leading 3PL warehouses to recognize the need to keep operational costs low in order to maintain their margins and effectively serve their customers.”
There are many questions to ponder in logistics, including what is a 3PL and how it can help my business thrive? The answers rest in both consolidated freight shippers’ services and outsourced expertise. Freight rates will likely continue to rise through the remainder of 2022, according to Business Insider. “The Freightos Baltic Index — a measure of global shipping prices — sat at $9,488 on March 18, meaning it cost nearly $10,000 on average to ship a 40-foot freight container. That’s almost seven times higher than the March 2020 reading of $1,400. While that’s down from the highs seen in the fall of 2021, it’s still holding at extremely elevated levels.”
Topics: asset-based 3PL companies
Cross-docking is distributing products from a supplier or a manufacturer directly to the customer or retailer. It involves the distribution occurring in a terminal where inbound trucks transfer goods to outbound trucks. Cross-docking provides a centralized area to store specific products and their similar counterparts easily accessible by the shipper and receiver, mainly when unforeseen circumstances like delays, driver and capacity shortages occur.
Topics: asset-based 3PL companies
A leading issue impacting shipping delays and logistical dilemmas is a lack of warehouse efficiency overall. This is clearly evident in freight market outlook predictions for the year ahead. Issues such as capacity procurement, container loading and unloading, port delays, and many drayage issues continue to plague the supply chain. Combined with increased demands, ongoing delays, renewed COVID shutdowns, lack of workers, and increased pressure from consumers make container drayage a significant concern for management. Drayage covers picking up shipping containers from ports and hauling them to inland locations for unpacking, reloading, and final distribution as needed. It is among the most critical and most volatile of all domestic freight shipping and transportation aspects.
Topics: port drayage
Nearly a month into the second quarter of 2022, the Savannah Port is continuing to prove itself as the self-proclaimed “single largest and fastest-growing container terminal in America.” As of April 25, the Georgia Ports’ 15-day port of Savannah tracking system showcased 46 ships waiting to berth with turnaround times ranging from 15 to 47 hours. The port of Savannah vessel schedule lists ships originating from countries and businesses around the globe, something that experts believe will continue in the coming years as global trade continues to grow and evolve.
Topics: Port of Savannah
International and domestic shipping serves as the backbone of the supply chain network. So much rides on shippers having a firm understanding of domestic freight terms, port operations, and how to manage freight logistics. Unfortunately, bottlenecks, delays, and long dwell times continue to plague the industry. To address these concerns over local port congestion and backlogs, many ports are making changes to operations, personnel, equipment, and the ports themselves.
Topics: freight terminology
Shippers across the globe are looking for strategies to improve port container management amidst a supply chain still reeling from pandemic-imposed congestion. According to Hellenic Shipping News, a global study indicated that the United States was “the second-worst performer in terms of the average median time containers spent in depots in 2021,” with an average dwell time of 50 days. Amidst the “get rich quick” suggestions that optimize today’s transport into the US, there are a few nuggets of true gold for shippers to consider — including cross-docking.
Topics: port drayage
Drayage services remain one of the most critical yet overlooked aspects of shipping and transportation today. These services deal with the short-haul transport of goods from container ships to rail yards, warehouses, or storage lots. New port drayage tech and drayage services help ensure final-mile deliveries go according to plan while also connecting various modes of long-haul transport for a smooth and seamless delivery process from crating and shipping services at warehouses through delivery to retailers and beyond. According to eMarketer, “Total US retail sales will increase 2.5% year over year (YoY) in 2022 to $6.624 trillion. Ecommerce sales will grow 16.1%, while growth for in-store sales—which will account for more than 80% of total retail sales—will be close to flat.” As demand grows, drayage fulfillment strategies continue to offer reliable shipping options for all manner of e-commerce driven sales.
Topics: drayage services
There are several essential things to consider when assessing how long it takes to unload containers and get shipments ready for final distribution. Clearing current port logjams and backlogs is necessary to keep the supply chain as a whole moving forward effectively and profitably. As highlighted recently by Supply Chain Game Changer, “When moving any freight, there are four components of cost. They are downtime, load time, travel time, and unload time. Downtime and travel time are under the control of the ocean freight company, whereas they are at the mercy of the port facilities for load and unload times.” Accurate planning and attention to container drayage transport details such as cross-docking opportunities can significantly improve cargo container management.