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Ascent Global Logistics News Update

CLIFF NOTES 

Top Logistics Headlines This Week

Domestic Freight Management
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Hazmat Drivers Face Challenges This Independence Day

As the nation is reaching its 242nd birthday, the final delivery for fireworks is in high demand. The American Pyrotechnics Association (APA) is tackling unique encounters with many safety regulations in delivering the hazardous cargo with rules that vary from a local, state and federal standing. Click here to read more.
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Surging Demand & Capacity Shortages Benefiting Carriers

With higher than normal freight volumes and shortage of available drivers and equipment, shippers are looking for new ways to control logistics costs. This is creating opportunities for start-ups and new technologies offering innovative solutions to transportation challenges. For more information on how Ascent's carrier optimization solutions and PEAK™ technology can help you, contact our experts.
International Freight Forwarding
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Possible Shipping Fuel Increase Could Impact Global Supply Chains

As the implementation date of the 0.5 percent maximum sulfur regulation approaches, standardization for carrier compliance has yet to be finalized. Since the shipping industry handles nearly 90 percent of world trade, potential shipping delays could cause global supply chain challenges for importers and exporters. See more here.
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POLB Volumes Reached Record High

During the month of May, the Port of Long Beach (POLB) experienced a record breaking 14.6 percent increase in volume at 3.2 million TEUs. Meanwhile the Port of Los Angeles (POLA) volumes softened, having dropped 4.4 percent annually. Click here to read more.
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Air Freight Rates On The Rise

The worldwide aircraft fleet is estimated to increase by 70 percent in the next 20 years as air cargo traffic is forecasted to more than double. Fast growing e-commerce combined with general cargo is generating higher than normal levels of air traffic. Air cargo demand is expected to expand by 4-5 percent this year. China-North America air freight rates are expected to continue to rise as peak season approaches. See more here.

Retail Consolidation
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Sam’s Club Joining Mini-Me Retail Club

As e-commerce and online shopping on the rise, Sam's Club is downsizing to make shopping easier and wring out more business out of less space. The chain will be focusing on growing its online business with new technologies in spaces from closed locations for a new level of convenience. See more here.
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OTIF Continues To Be A Topic At Walmart Open Call Event

Recently Walmart held its annual Open Call inviting entrepreneurs to pitch their products to Walmart buyers. Suppliers looking to "seal the deal" with Walmart see OTIF as an important component. To learn more about our retail consolidation solutions and our OTIF guarantee, contact our retail logistics experts today.

Statistic of the Week 

79.4 percent

The percentage of manufacturers who believe Walmart has the best supply chain management, according to the Supply Chain Dive.

Click Here To Access More Stats

Links of the Week

New Services and Solutions
Diesel Price Drops to $3.244 a Gallon
IANA Data Points To Solid Intermodal Volume Growth
Target And CVS Join Walmart In Collecting Emissions Data From Suppliers

Upcoming Events

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

CBP EAST COAST SYMPOSIUM 2018 
Atlanta, GA - August 13-15, 2018 

NATIONAL FIREWORKS ASSOCIATION (NFA) EXPO
Wichita, KS - September 10-14, 2018 

International Holiday Calendar

International Holiday Calendar 6.27.18

ABOUT US

Ascent Global Logistics is a full service global logistics company providing:

Domestic Freight Management
International Freight Forwarding
Retail Consolidation

With a commitment to providing clients with customized logistics solutions, premium customer service, state-of-the-art technology tools and continuous logistics education, Ascent Global Logistics is your partner for peak logistics performance. 

Visit www.ascentgl.com for more information.