CLIFF NOTES 

Top Logistics Headlines This Week

Domestic Freight Management

Experts Discuss Driver Shortage, Driver Pay And The Future Of Trucking

Avery Vise, Vice President of Trucking Research for FTR Transportation Intelligence, discusses numerous topics related to the driver shortage, driver compensation and more. Click here to listen to his interview with Truckers News.

Cass Freight Index Report For June 2018 Shows Positive Outlook

According to the Cass Freight Index Report, the U.S. freight economy continues to show a strong positive outlook. June 2018 shipments were up 7.2 percent year-over-year, which is due to factors such as increased demand over capacity. See more here.

Nationwide Transportation Strike Continues In India

As of July 24, 2018, experts have reported that a nationwide transportation strike is expected to continue in India. Experts project that the strike will affect truckload shipments within India, as well as LCL and FCL imports and exports to and from India. To learn more, please contact us or reach out to your local Ascent Global Logistics representative.

COSCO Shipping Lines Falls Victim To Cyber Attack

The latest information shows that the incident took place on July 24, 2018. The incident is being described as a ransomware attack. Experts suggest companies take action to boost their cyber security to avoid additional incidents like this. See more here.

Georgia Port Authority Continues To See Record Growth

The Georgia Port Authority handled 4.2 million twenty-foot equivalent units from July 2017-June 2018, which was a 8.4 percent increase year-over-year. The Georgia Port Authority has seen 20 consecutive months of container volume growth. See more here.

Retail Consolidation

Recent Technology Innovations Allows Walmart To Better Serve Customers

Walmart Looks Into Expanding Its International Supply Chain Through Global Investment

Currently, Walmart's international sales represent 25 percent of the company's total revenue, while its international locations represent more than 50 percent of all locations. Walmart hopes that through investments such as the $16 billion investment in Flipkart in India that it can improve its global presence. See more here.