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Ascent Global Logistics News Update

CLIFF NOTES 

Top Logistics Headlines This Week

Domestic Freight Management

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Why The Driver Shortage Could Be Costing You

All types of businesses ranging from small businesses to multinational corporations are experiencing the effects of the driver shortage. The causes of capacity shortages include changes in regulations and increases in demand along popular shipping lanes. See more here.

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US Senate Grants One Year Extension Into ELD Exemption For Livestock

Recently, the US Senate passed an amendment that would grant drivers hauling livestock a one-year exemption from the ELD mandates. This exemption is expected to be in effect until 2019. See more here.

International Freight Forwarding
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Updates To Section 301 Tariff Lists

Recently, the dates for hearings related to Section 301 Tariffs List Three Proposed were delayed. To stay up to date on all information regarding Section 301 Tariffs, click here.

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Outlook For Global Container Port Demand Positive

According to Drewry, world container volumes are expected to grow from 745 million TEUs to about 985 million TEUs by 2020. Because it takes several years for terminals to create more berths with larger spots for larger container ships, ports will need to proactively plan for potential capacity increases. See more here.

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Transport Strike At Chittagong Port Leads To Port Delays

According to Bangladeshi news outlets, approximately 4,200 TEUs worth of container traffic were delayed following a recent 36 hour strike. As a result, this strike could have potential impacts on South Asian imports and exports. See more here.

Retail Consolidation

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Walmart Expects To Partner With Alphabot In Curbside Grocery Pickup

Walmart is looking to partner with Alphabot to create a curbside grocery pickup program. The program is expected to require a new level of warehouse fulfillment within Walmart stores, which could possibly influence Walmart suppliers' delivery windows. See more here.

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Walmart's Partnership With Microsoft Predicted To Help Ecommerce Sales

Experts predict that the partnership with Microsoft could help Walmart achieve 40 percent ecommerce revenue growth. By investing in technology solutions through Microsoft, Walmart's delivery requirements could have an impact on how delivery supply chains are set up. See more here.

Statistic of the Week

$67.9 billion

The amount of truckload freight transported between the United States, Mexico and Canada in May 2018, according to the Bureau of Transportation Statistics.

Click Here To Access More Stats

Upcoming Events

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

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

2018 WALSTREET FIRESIDE CHAT 
Bentonville, AR - August 16, 2018

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

International Holiday Calendar 

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