Name: Reshaping the drayage industry
Uploaded: Apr 18, 2024, 11:21 AM EDT
Description: Book Your Cargo was built to address one of the industry’s pain points: a fragmented drayage market. Rohan Sachdev, chief growth officer for Book Your Cargo, discusses the company’s efforts to alleviate that pain point, working with clients with varied systems and ensuring regulatory compliance. TPM24, Long Beach, California Sponsored by Book Your Cargo

Book Your Cargo was built to address one of the industry’s pain points: a fragmented drayage market. Rohan Sachdev, chief growth officer for Book Your Cargo, discusses the company’s efforts to alleviate that pain point, working with clients with varied systems and ensuring regulatory compliance. TPM24, Long Beach, California Sponsored by Book Your Cargo

<div class="phx-topic abstract-wrapper"><p>Air cargo operators out of Europe’s busiest airport will face at least a week of turmoil as airlines, forwarders and terminals start clearing the rapidly building backlog of freight when flight operations restart at midnight Friday.</p></div>

Air cargo operators out of Europe’s busiest airport will face at least a week of turmoil as airlines, forwarders and terminals start clearing the rapidly building backlog of freight when flight operations restart at midnight Friday.

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Heathrow shutdown plunges air cargo supply chain into chaos

<div class="phx-topic abstract-wrapper"><p>The automotive sector is driving the unseasonably strong volumes as manufacturers expedite shipments from Europe to the US to avoid new duties coming in April.</p></div>

The automotive sector is driving the unseasonably strong volumes as manufacturers expedite shipments from Europe to the US to avoid new duties coming in April.

Trans-Atlantic air cargo demand surges ahead of US tariffs

<div class="phx-topic abstract-wrapper"><p>The ability to shift capacity to alternative growth markets combined with a diversified cargo mix will insulate the airline from US moves to target e-commerce imports from China, according to its chairman.</p></div>

The ability to shift capacity to alternative growth markets combined with a diversified cargo mix will insulate the airline from US moves to target e-commerce imports from China, according to its chairman.

‘Resilient’ Cathay Pacific ready to offset any e-commerce decline: chairman

<div class="phx-topic abstract-wrapper"><p>While strong e-commerce demand last year filled all available air freight capacity out of China and kept the industry in peak season mode, recent US moves to clamp down on low-value Chinese imports have rattled the market.</p></div>

While strong e-commerce demand last year filled all available air freight capacity out of China and kept the industry in peak season mode, recent US moves to clamp down on low-value Chinese imports have rattled the market.

Air cargo rates tumble as market adjusts to looming ‘de minimis’ changes

<div class="phx-topic abstract-wrapper"><p>Contract logistics was the star performer in the company’s portfolio in 2024, with gross profit rising 4% to $4 billion.</p></div>

Contract logistics was the star performer in the company’s portfolio in 2024, with gross profit rising 4% to $4 billion.

K+N sees volatility ahead from uncertain demand, geopolitical risks

<div class="phx-topic abstract-wrapper"><p>Shippers, carriers and forwarders say uncertainty around consumer demand, tariffs and geopolitical disruptions has produced a wider range of service contract rates this year.</p></div>

Shippers, carriers and forwarders say uncertainty around consumer demand, tariffs and geopolitical disruptions has produced a wider range of service contract rates this year.

Largest US importers finalizing contracts in ‘unsettled’ trans-Pacific

<div class="phx-topic abstract-wrapper"><p>Excess capacity and waning US import demand caused in part by tariff uncertainty could put further downward pressure on drayage pricing in the second quarter.</p></div>

Excess capacity and waning US import demand caused in part by tariff uncertainty could put further downward pressure on drayage pricing in the second quarter.

Shrinking US drayage capacity to continue outstripping demand

<div class="phx-topic abstract-wrapper"><p>The port authority on Wednesday completed an expansion of Inland Port Greer ahead of the opening of the near-dock Navy Base Intermodal Facility (NBIF) at the Port of Charleston later this year. </p></div>

The port authority on Wednesday completed an expansion of Inland Port Greer ahead of the opening of the near-dock Navy Base Intermodal Facility (NBIF) at the Port of Charleston later this year.

SC Ports expanding intermodal capabilities to handle growing demand

<div class="phx-topic abstract-wrapper"><p>Ongoing supply chain disruption and a significant increase in trading of container freight futures among speculative investors could accelerate the adoption of financial hedging tools among shippers and other physical industry players.</p></div>

Ongoing supply chain disruption and a significant increase in trading of container freight futures among speculative investors could accelerate the adoption of financial hedging tools among shippers and other physical industry players.

Freight futures get second look amid increased risk, trading volumes

<div class="phx-topic abstract-wrapper"><p>Brent Sadler served in the US Navy for 26 years and now works as a senior research fellow at the Heritage Foundation.</p></div>

Brent Sadler served in the US Navy for 26 years and now works as a senior research fellow at the Heritage Foundation.

Trump taps retired navy captain to head US Maritime Administration

<div class="phx-topic abstract-wrapper"><p>In a move to better utilize its leased pool of trailers, Uber Freight has partnered with software vendor Optimal Dynamics to bundle loads for drivers across 10 trailer pool locations. </p></div>

In a move to better utilize its leased pool of trailers, Uber Freight has partnered with software vendor Optimal Dynamics to bundle loads for drivers across 10 trailer pool locations.

Uber Freight offering drop-and-hook option as dedicated-like product for shippers

<div class="phx-topic abstract-wrapper"><p>Acquisitions continue in the domestic freight market, with Descartes buying 3GTMS to continue a decade-long spree of purchases.  </p></div>

Acquisitions continue in the domestic freight market, with Descartes buying 3GTMS to continue a decade-long spree of purchases.

Descartes snaps up rival to double down on domestic TMS market

<div class="phx-topic abstract-wrapper"><p>While there is no strong demand trigger for LTL freight on the horizon, providers continue to add terminals and lanes to growing networks. </p></div>

While there is no strong demand trigger for LTL freight on the horizon, providers continue to add terminals and lanes to growing networks.

US LTL getting in position for higher freight demand — when it comes

<div class="phx-topic abstract-wrapper"><p>Michael Burton, president of Medlog, offers his insight on the intermodal logistics industry and what’s in store for the company in the next three to five years.</p></div>

Michael Burton, president of Medlog, offers his insight on the intermodal logistics industry and what’s in store for the company in the next three to five years.

<div class="phx-topic"><p>In the coming years, Medlog is preparing to build on its global logistics and supply chain business, including a recent warehousing investment with MSC in Georgia. Michael Burton, president of Medlog, offers his insight on the intermodal logistics industry and what’s in store for the company in the next three to five years.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by Medlog</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6370648997112"></dynamic-object></div></div>

In the coming years, Medlog is preparing to build on its global logistics and supply chain business, including a recent warehousing investment with MSC in Georgia. Michael Burton, president of Medlog, offers his insight on the intermodal logistics industry and what’s in store for the company in the next three to five years. TPM25, Long Beach, California Sponsored by Medlog

Supporting cargo freight

<div class="phx-topic abstract-wrapper"><p>Gnosis Freight co-founder and CEO Austin McCombs talks about preserving its customer-first reputation and the “unconventional journey” of growing its workforce.</p></div>

Gnosis Freight co-founder and CEO Austin McCombs talks about preserving its customer-first reputation and the “unconventional journey” of growing its workforce.

<div class="phx-topic"><p>Eight years after its launch, Gnosis Freight has taken on its first private equity investment with Vista Equity Partners, marking a major moment for the scrappy firm that has built its business on a customer-first reputation. Co-founder and CEO Austin McCombs talks about preserving that reputation and the “unconventional journey” of growing its workforce.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by Gnosis Freight</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6370629943112"></dynamic-object></div></div>

Eight years after its launch, Gnosis Freight has taken on its first private equity investment with Vista Equity Partners, marking a major moment for the scrappy firm that has built its business on a customer-first reputation. Co-founder and CEO Austin McCombs talks about preserving that reputation and the “unconventional journey” of growing its workforce. TPM25, Long Beach, California Sponsored by Gnosis Freight

Maintaining a customer-first mentality

<div class="phx-topic abstract-wrapper"><p>Port X Logistics CEO Brian Kempisty talks about the company’s approach to enhancing the supply chain experience and plans for expansion.</p></div>

Port X Logistics CEO Brian Kempisty talks about the company’s approach to enhancing the supply chain experience and plans for expansion.

<div class="phx-topic"><p>When COVID flooded capacity with an influx of containers, the challenge prompted Port X Logistics to combine information, people and technology to maximize cargo visibility. CEO Brian Kempisty talks about his company’s approach to enhancing the supply chain experience and plans for expansion.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by Port X Logistics</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6370639589112"></dynamic-object></div></div>

When COVID flooded capacity with an influx of containers, the challenge prompted Port X Logistics to combine information, people and technology to maximize cargo visibility. CEO Brian Kempisty talks about his company’s approach to enhancing the supply chain experience and plans for expansion. TPM25, Long Beach, California Sponsored by Port X Logistics

Making drayage part of the solution

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Video

<div class="phx-topic abstract-wrapper"><p>Rohan Sachdev, chief growth officer for Book Your Cargo, discusses the company’s efforts to alleviate the drayage pain point.</p></div>

Rohan Sachdev, chief growth officer for Book Your Cargo, discusses the company’s efforts to alleviate the drayage pain point.

<div class="phx-topic"><p>Book Your Cargo was built to address one of the industry’s pain points: a fragmented drayage market. Rohan Sachdev, chief growth officer for Book Your Cargo, discusses the company’s efforts to alleviate that pain point, working with clients with varied systems and ensuring regulatory compliance.</p><p><i>TPM24, Long Beach, California</i></p><p><b>Sponsored by Book Your Cargo</b></p><div class="wrapper-full"><dynamic-object type="brightcove" resource-id="6351169897112"></dynamic-object></div></div>

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