Transportation Highlights - June 2024

Optimizing Drayage: A MFW Case Study on Cost Reduction and Efficiency.

Article | MFW Case Study

See how the MyFreightWorld team transformed drayage operations for a recycled rubber and carbon black industry leader, resulting in substantial cost savings and increased efficiency.

Stable but Low: Dry Van Truckload Pricing Outlook for 2024

Source | SupplyChainManagementReview

The article from Supply Chain Management Review suggests that dry van truckload pricing is not expected to improve for the rest of 2024 due to weak market conditions and muted demand for truck transportation. Shippers can expect freight rates to remain stable but low, reflecting a lack of strong economic recovery in the sector.

Taming the Warehouse's Bulky Beasts

Source | Modern Materials Handling

The Modern Materials Handling article discusses managing non-conveyable items in warehouses, such as oversized or irregularly shaped products. It emphasizes the need for specialized handling, packaging, and storage solutions and explores strategies involving advanced automation technologies and data analytics to improve efficiency and reduce manual labor.

Approved Revenue, Spending Plan Supports LA Port Priorities

Source | The Port of Los Angeles

The Los Angeles Harbor Commission approved a $2.6 billion budget for the Port of Los Angeles for Fiscal Year 2024/25, focusing on community investment, decarbonization, workforce development, and infrastructure modernization. It anticipates a 2% increase in cargo volumes and a 4.9% rise in operating revenues, with major allocations for capital improvements and waterfront access projects.

FMC Clarifies New Detention and Demurrage Rule

Source | FMC

The Federal Maritime Commission (FMC) has clarified the new detention and demurrage rule, detailing changes to billing timelines and dispute processes for non-vessel operating common carriers (NVOCCs). This change is designed to improve efficiency but has raised concerns about added complexities for truckers.