MVP Tea | August 21, 2023

Welcome to this week's edition of The MVP Tea - your go-to source for industry insights, captivating news stories, and those tasty freight and supply chain snippets you need to see. We've brewed up an enticing blend for you, so grab your favorite mug and let's dive in! ??

• ?More Trouble for YRC Freight, Holland, New Penn and Reddaway.?READ
• A New Form of Fraud is Impacting Carriers and Brokers.?READ
• Shipping Giant Maersk Does Not See a Rebound in Shipping Volume.?READ
• The Largest Freight Forwarder is saying there is no peak season.?READ
• Another Acquisition in the Transportation Industry.?READ
• Old Dominion is Making Moves for Expansion:?READ
• Imbalance of Supply-Demand Has Not Been Experienced For Over 30 Years:?READ

Import and Export Activity At The Ports

View Infographic

Recent updates from the ports reveal some noteworthy changes in volume compared to 26 days ago. Most ports have experienced a decrease in volume, but the Port of Los Angeles and the Port of Ningbo have seen an increase.

At the Port of Los Angeles, the dwell times for the pool of chassis have remained relatively stable with minimal changes. However, there has been a slight decrease in the utilization of 40ft chassis by 3%.

While the number of import containers waiting on the dock to be loaded onto the rail has increased, the overall number of import containers at the terminal has decreased. On the other hand, export containers have seen an increase.

There has been a significant rise in 40 foot container rates for shipments to and from Asia.

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Discover how to avoid the most common RFP mistakes and protect your time and resources. Our blog post delves into the essentials of submitting a request for proposal, providing valuable insights for finding the right transportation partner.?View full article here

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That's it for this week's edition of The MVP Tea, folks! We hope you enjoyed our blend of industry insights, international news, and expert advice. Stay tuned for our next issue, and in the meantime, feel free to share this newsletter with friends and colleagues who might find value in our catchups. Happy sipping! ??

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