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Ascent Global Logistics News Update

Top Logistics Headlines This Week

Domestic Freight Management

Post-ELD Pulse

Post-ELD Pulse 

Following the implementation of the ELD mandate last month, reports by drivers and companies are ranging from no change to departure from the industry. Some of the most substantial changes in day-to-day operations revolve around dispatching and scheduling of deliveries due to complexities and confusion when attempting to calculate a driver's available work hours. Click here to read more.

East Coast Freight Network Starts to Recover

East Coast Freight Network Starts to Recover

Following the massive snowstorm that hit the East Coast last week, logistics networks are slowly returning to normal. While carriers have resumed normal operations, please note that lingering congestion could result in shipment delays during the short term. 

International Freight Forwarding
Imports Expected to Jump in February

Imports Expected to Jump in February 

According to the latest Global Port Tracker report, U.S. container imports of retail goods are expected to increase slightly this month before jumping 12.6 percent during February. The sudden leap is largely due to the influx of goods shipped before factories close for the Chinese New Year holiday. Click here to read more. 

COSCO Delays 10 Mega-Ship Orders

COSCO Delays 10 Mega-Ship Orders

According to the JOC, COSCO Shipping plans to delay the delivery of 10 mega-ships, or 166,576 TEUs, until 2019. Yang Ming also recently delayed three 14,000 TEU vessels that it expected to enter the market this year. Despite the delays, roughly 1.3 million TEUs are still expected to be added to the global capacity in 2018. 

Global Piracy Decreases

Global Piracy Decreases

According to the International Maritime Bureau (IMB), piracy and armed robbery of vessels at sea have hit a 22-year low. During 2017, 136 vessels were boarded, 22 vessels underwent attempted attacks, 16 were fired upon and six were hijacked. In the Southeast Asia region, incidents near Indonesia decreased while occurrences near the Philippines more than doubled. Click here to read more. 

Retail Consolidation

Walmart Tests Text Shopping

Walmart Announces Expansion of Mobile Express Scan & Go 

Walmart recently announced that it will expand the testing of its Mobile Express Scan & Go app to an additional 100 stores throughout the United States. The app allows shoppers to scan and bag items, including produce, then pay directly with smartphones. Click here to watch the video. 

Target's Investment in Stores Pays Off

Target's Investment in Stores Pays Off

According to the most recent reports, Target's comparable sales, profit forecasts and the number of in-store shoppers increased during the holidays. The success is being attributed to the retailer's focus on improving stores, delivery logistics and customer service. Click here to read more. 

Statistic of the Week


Growth in heavy-duty truck orders during 2017 compared to 2016, according to ACT Research. 

Upcoming Events

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

PPAI EXPO 2018 (Booth #2661)
Las Vegas 1/14 - 1/18 

International Holiday Calendar

International Holiday Calendar 1.10.18.png

*Please note that Ascent Global Logistics offices will be open on Monday, January 15, however, U.S. Customs and Border Protection and Other Government Agency offices will be closed or operating with limited staff which could impact customs clearance and cargo release. 

Please remember that the Chinese New Year (CNY), which will occur from February 16-21, 2018, is quickly approaching. Importers should be communicating with suppliers to ensure orders are approved and bookings are made well in advance. The CNY holiday will cause origin operations to cease during the official holiday dates with the potential to impact production and shipping for more than one month.