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Truckers face serious competition with large shippers

03/25/2025

Walmart and Amazon are poised to revolutionize the trucking industry, with other major shippers likely to follow suit. Walmart is actively expanding its dedicated trucking network, inviting third-party carriers to join its freight brokerage program. In an outreach message to truckers, the retailer emphasized that participation would offer steady freight and an important role in ensuring efficient delivery of its products to customers. This initiative reflects Walmart's broader strategy to integrate third parties into its logistics operations, enhancing control over its supply chain. In August 2024, Walmart further expanded its logistics services by offering transportation for market place sellers, moving goods from Asia to U.S. warehouses while handling fulfillment and returns for various e-commerce platforms. This strategic shift creates significant interest. (More at: The Loadstar, “Truckers face a serious threat as large shippers develop …” By Ian Putzger, 24/03/2025)

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Photo: USS Dwight D. Eisenhower (CVN-69) transits through the Suez Canal, Nov. 4, 2023. US Navy Photo (Anonymous United States Navy photographer, Wikimedia Commons)

Red Sea hostilities impact Suez transit

03/19/2025

Suez Canal transits uncertain amid renewed Red Sea conflict

Prospects for container shipping resuming normal operations through the Suez Canal diminished over the weekend following missile exchanges between U.S. forces and Yemen's Houthi rebels.  Houthi leaders claimed responsibility for launching a series of missile and drone strikes targeting U.S. warships. This action came in response to American airstrikes on Yemen on Saturday, which reportedly caused significant casualties.  U.S. President Donald Trump stated that the air strikes aimed to protect international shipping routes in the Red Sea. Some intelligence experts suggest the move is part of a broader strategy to increase pressure on Iran, a key backer of the Houthi group.  In response to the recent attacks, Houthi leaders have vowed to continue targeting U.S. vessels operating in the region. (Moreat: The Loadstar, “Resumption of Suez transits in doubt …” By Gavin van Marle, 17/03/2025)

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(Photo:123RF.com)

US Job Market Updates for March 2025

POINT OF INTEREST
03/18/2025

Aspen Technology Labs has published a March2025 edition of its U.S. job market and wage newsletter. As Remote work remains a current major focus, more companies are driving a trend for a return to the office while 75% of remote-capable workers still work from home. Meanwhile,144,470 companies are actively hiring staff even as the total U.S. job listings are down 3.5% year-over-year. In the technology sector, their particular TA Tech index is tracking job openings currently at over 2,715 jobs in the US and 7,014 globally. (For full report see: AspenTechLabs, JobMarketPulse, “US Job Market Updates,” March 2025)

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U.S. Customs and Border Protection, Public domain, via Wikimedia Commons

Port of Baltimore rebounding nicely

03/10/2025

Baltimore port had second-highest year for cargo volume in 2024

Marking its second-highest year on record, the Helen Delich Bentley Port of Baltimore handled 45.9 million tons of cargo in 2024.  This achievement comes even after the collapse of the Francis Scott Key Bridge last March, as the mid-Atlantic shipping gateway recovers. A record high 52.3 million tons were handled at the port in 2023 including close to 900,000 tons of roll on/roll off construction equipment and farming machinery. The new bridge designs have been developed and construction is scheduled to be completed in 2028. (More at: FreightWaves, “Port of Baltimore had a banner year …” By Elizabeth Worthington, 2/27/2025)

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(Photo: 123RF.com)

Exposé on invoicing fraud protection

POINT OF INTEREST
03/03/2025

With rising cybercrime, FIDI reports frequent phishing incidents affecting Affiliates, particularly digital invoicing scams. Fraudsters manipulate payment details, causing financial losses. Known as invoice fraud, this scam involves falsified invoices appearing to be from legitimate suppliers but with altered bank details. Unsuspecting companies unknowingly transfer funds to scammers. Businesses must remain vigilant to prevent such attacks. (More at: FIDI FOCUS, Business, FIDI Service,1/8/2025)

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Photo: Container feeder RMS Veritas in Prinses Beatrixhaven, Rotterdam, 3 October 2020. In the background Rotterdam Shortsea Terminals (RST). (Creative Commons Attribution-Share Alike 4.0 International license, Photographs by Niels Johannes)

More disruption and congestion expected at Port of Rotterdam

02/19/2025

The port of Rotterdam faces continued disruption due to a labor dispute at Hutchison Ports’ Delta II Terminal. A two-day strike, followed by work slowdowns, forced Maersk to skip a call and caused 48-hour delays for Kuehne + Nagel customers. A Hutchison spokesperson stated that actions, ranging from slowdowns to full strikes, are unpredictable, making disruption hard to estimate. Workers from FNV Havens and CNV unions have been protesting port automation since last year. Sources indicate that the dispute worsens existing congestion, with terminals full and refusing new containers unless equivalent volumes are moved out. (More at THELOADSTAR, “Port of Rotterdam braces for more disruption …” By Alexander Whiteman, February 14, 2025)

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