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Ascent Global Logistics News Update


Top Logistics Headlines This Week

Domestic Freight Management


Freight Demand Remains Strong 

The most recent FTR Tucking Conditions Index (TCI) shows that freight demand remained strong during the month of April with the expectation that the capacity crunch will continue well into 2019. Aggressive driver recruiting tactics are helping some carriers but freight volumes continue to surpass available capacity. Click here to read more.

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Trailer Orders Up 30% In May

According to ACT Research, trailer orders continue to climb as carriers try to keep pace with increasing freight volumes. During the month of May, trailer orders climbed to 23,300, marking the 18th straight month of increases. See more here.

International Freight Forwarding
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Cargo Ship Fuel Standard Changes Could Impact Ocean Freight Forwarding

Ocean carriers race to reduce sulfur emissions in advance of the January 2020 IMO regulation implementation, which could affect demand for diesel fuel in the coming months. The transition to reduced sulfur diesel fuel could have an impact on pricing within the ocean freight forwarding market. See more here.

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Comprehensive List Of Tariffs On Chinese Imports In Final Stages Of Negotiations

The Administration recently announced that it is in the final phase of validating the list of U.S. classifications that will be subject to the additional S301 tariff if the country of origin is China. This additional tariff is scheduled to go into effect on July 6, 2018. For more information regarding tariffs and trade compliance, contact our team or speak directly to your Ascent Global Logistics representative.

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Port Of Los Angeles Moves 768,804 TEUs In May

The Port of Los Angeles processed 768,804 Twenty-Foot Equivalent Units (TEUs) in May,  a 3.4 percent decrease in TEUs year-over-year. Experts are analyzing the year-over-year decrease and currently believe that the decreases are caused by multiple factors including the changes in ocean carrier alliances. See more here.

Retail Consolidation

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Why Walmart Suppliers Need A Retail Consolidation Partner For OTIF Success

To achieve supply chain success, many suppliers have partnered with a retail consolidation company to help make the logistics component easier while often saving time and money. Find out the top three reasons why Walmart suppliers should consider retail consolidation. See the list here.

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Sam's Club To Open A Tech-Focused Grocery Store

Sam's Club has announced that it will open a line of stores focused on providing fresh food and grab-and-go meals to consumers. The store will help the big-box retailer test new retail technology such as self-service returns, digital price tags and cashierless checkout. Click here to read more. 

Statistic of the Week

17.3 percent

The percentage of increased spending on freight in the U.S. year-over-year for May 2018, according to The Cass Freight Index.

Click Here To Access More Stats

Upcoming Events 

Catch up with the Ascent Global Logistics team at the below upcoming event:  

Atlanta, GA - August 13-15, 2018 

Wichita, KS - September 10-14, 2018 

International Holiday Calendar

International Holiday Calendar 6.20.18