The framework repeatedly emphasizes that companies should focus on making reasonable, well-documented decisions based on the information available at the time. The CAVRA Standard is intended to serve as a practical benchmark rather than a rigid checklist. Gaines describes it as a framework that transportation companies can use to compare against existing carrier-vetting programs or as a foundation for creating their own policies. The framework, known as The CAVRA Standard, is a 54-page guide built around four principles — carrier assessment, verification, risk and accountability.

• Katoen Natie has officially launched its Barge Solutions Center at the Port of Antwerp-Bruges, introducing what it describes as a formalised operational model for container handling within the Antwerp port platform.
• Surprise inspection blitzes don’t result in the same uptick of compliance.
• XPO beat third-quarter expectations as yield and operating efficiency initiatives offset a soft demand environment.
• This is likely a factor of declining grocery demand, but I would expect the trend to reverse course in the near future as summer festivities accelerate.

Clarusto Logistics Expands China Presence to Support Growing Trade Demand Across Asia, Europe and the Middle East

More than a decade after retreating from the freighter business, Japan Airlines (JAL) is once again betting on cargo. Vietnam Airlines has selected ECS Group to provide GSSA services in South Korea as it looks to capitalise on trade between the two countries. Cathay-owned Air Hong Kong has signed a lease deal to add a converted Airbus A330 freighter to expand its regional operations. Uganda Airlines has placed an order with Boeing for 10 aircraft, including a 767 converted freighter and a 737 converted freighter.

Latest Rail Business UK news

The good news for carriers is that more shippers are prioritizing stability and service over incremental savings on freight transportation. USDOT has made strengthening oversight of the nation’s transportation and supply chain networks a top priority, with renewed focus on the safety, security, and resilience of freight movement nationwide. Circle D Truck Sales Inc., a truck sales and repair company operating in the Abilene, Texas, area, filed for Chapter 11 protection on June 8 in the Northern District of Texas. The company, which also operated under the name FTSR, is seeking to reorganize its operations while continuing business activities. Customs and Border Protection outlining a formal process for IEEPA tariff https://24thainews.com/transport-logistics.html refund requests, creating a potential cash recovery opportunity for eligible importers.

• From ocean container flows to intermodal rail movements and truckload tenders, our white paper lays out the impact of the port strike.
• Total combined traffic rose 5.6% to 717,236 carloads and intermodal units.
• French logistics and freight forwarding company Geodis has appointed Eric Gerbi as executive vice president of its global freight forwarding business.
• They argue automated systems miss certain defects that trained workers spot, like surface issues or vegetation problems.
• For carriers, finding these companies’ committed freight opportunities has historically been a manual process that involved long phone or email exchanges, with limited visibility into what was available.

Top 50 Global Freight Companies

Dry van tenders make up the majority of all tenders, so the van rejection rate mirrors the aggregate index closely. Dry van volumes pushed higher in the back half of May and into June while reefer volumes have declined significantly. However, operating losses sapped all remaining sources of liquidity, and the Company’s liabilities far exceed its assets, all of which are subject to liens in favor of multiple creditors. Despite diligent efforts, the Company was unable to gain commitments to fund ongoing operations, find a buyer of the entire business, or fund a Chapter 11 reorganization. Given its limited remaining resources, the Company concluded that the best alternative was a safe and orderly wind-down.

Along with the acquired skills the ClearMetal team will bring to project44, it brings a large book of customers, including large CPGs, retailers, manufacturers, distributors and chemical companies. These advanced use cases will strengthen the predictive planning tools, and project44 continues to expand into different customer markets. The Philadelphia Federal Reserve’s business activity index edged lower to a still robust 30.7 in June from 31.5 in the prior month. Unlike NY, the pace of shipments growth accelerated in the Philly region during June.

DP World Seeks Return to U.S. Operations at Texas Port

Police said the crossing will be closed to all traffic for at least one day and possibly longer. Morning commuters’ travel plans were thrown off track after a freight train derailed in Chicago Ridge. The report also previews a new DAT iQ product that will help shippers manage mini-bids more efficiently.