In the latest episode of "The Freight Caviar Podcast", we sit down with Will Jenkins, Co-Founder at MoLo Solutions, and CEO & Founder at Journey. He discusses his newest partnership with Shipper CRM, and shares exclusive insights on sales training courses for its Pro customers.
Plus: 179,000 CDLs at risk today, GXO announces 400 in layoffs, Samsara Vs. Motive in a freight tecch battle, and more.
Uber Freight's new program draws scrutiny, ILA negotiations hit a wall, and FMCSA's Operation Protect Your Load takes aim at unlawful freight brokerages.
September sees a 12% YoY dip in cargo at South Carolina Ports with retailers adjusting to the change.
September didn't bring great news for the South Carolina Ports Authority. There was a notable 12% decrease in cargo volumes from the previous year. With only 199,208 total TEUs processed, it marked a dip even from the month before, when 203,169 total TEUs were reported in August.
Fast Facts:
Why the Decline?
The broader U.S. port industry is bracing for a not-so-busy peak season. One of the reasons? A dwindling consumer interest and a slightly muted U.S. economy. But this isn't just a one-off observation - the port operator had hinted at this trend just last month.
Retailers Adapt:
On the brighter side, retailers seem to be adjusting well. As the holiday shipping season nears, they appear to have streamlined their inventory. This comes from the National Retail Federation's CEO, Matthew Shay, who recently mentioned that the inventory-to-sales ratios are back to their pre-pandemic days. He optimistically remarked that the industry seems more prepared for the post-holiday season this time around.
Source: Supply Chain Dive
The looming US East Coast port strike could disrupt 550,000 TEUs weekly, prompting shippers to turn to Canadian ports as a potential alternative.
ILA union threatens Oct 1 strike, risking 43% of U.S. imports. Businesses worry as billions in daily trade hang in the balance.
U.S. ports report record July container volumes driven by early holiday shipping, with Los Angeles and Long Beach leading gains.
A fire on a Taiwanese cargo ship at China's Ningbo-Zhoushan Port caused an explosion felt kilometers away.
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