It should come as no surprise that pandemic-related supply chain challenges have also had a major impact on the life sciences industry.
Indy firm helps companies navigate shipping tsunami
Cargo Services Inc., an Indianapolis-based international freight forwarder and U.S. logistics provider, helps companies deal with a COVID-fueled convergence of growing consumer demand, a shortage of cargo shipping containers, a crimped supply chain and raging shipping costs.Read More
ClusterTruck, Kroger to test drive food-delivery partnership
Indianapolis food-delivery company ClusterTruck is partnering with Cincinnati-based Kroger for a pilot program that will give the grocery giant an entry into the fast-growing meal delivery market, the companies announced Monday.Read More
The new pier will help increase port productivity by up to 60% and help maintain 1,000 jobs in a town of about 7,000 people, the U.S. Department of Transportation said.
One of the busiest trade ports on the U.S.-Mexico border remained effectively closed Wednesday as frustration and traffic snarls mounted over orders by Texas Gov. Greg Abbott requiring extra inspections of commercial trucks.
The plan largely ignores White House calls to replenish the mail-service fleet with electric vehicles and has drawn sharp criticism from the Biden administration, Democratic lawmakers and environmentalists.
With its growing staff, Indianapolis-based logistics firm Spot Freight plans to expand into the recently-renovated Capital Center.
For trucking fleets—which move 70% of the U.S.’s freight tonnage—the sudden jump in prices is set to hurt smaller operators who have to cover the extra fuel cost on the spot and wait for surcharges to be reimbursed, American Trucking Association Chief Economist Bob Costello said.
Congress would lift onerous budget requirements that have helped push the Postal Service deeply into debt and would require it to continue delivering mail six days per week under bipartisan legislation the House approved Tuesday.
The relentless drive to optimize created brittleness—single points of failure where one disruption could cause the entire business to collapse.
Nearly 3.4 billion parcels are expected to crisscross the country this holiday season, representing an estimated increase of about 400 million compared with last year.
U.S. Postal Service officials say they have the staffing and resources to handle the coming onslaught of holiday packages, and avoid a repeat of the disastrous 2020 season that brought mail delivery to a crawl.
Indiana’s Lake Michigan port in Burns Harbor has seen a big increase in shipments this year as the global economy rebounds from the pandemic. In June, the port handled a 52% spike in cargo compared with June 2020.
Postmaster General Louis DeJoy said the Postal Service is weighed down by $188.4 billion in liabilities, and that he expects it to lose $160 billion over the next 10 years.
Main Street businesses are now forced to wait months instead of the usual weeks for a delivery from China, and no one knows when the situation will be resolved.
The ruling undercuts one of the defenses that Union Pacific, BNSF, CSX and Norfolk Southern had offered in dozens of lawsuits that major companies filed last year questioning the way railroads set shipping rates.
Federal officials say they will allow operators to fly small drones over people and at night, potentially giving a boost to commercial use of the machines.
As a homebound nation increasingly shops online for holiday gifts, private express carriers FedEx and UPS have cut off delivery service for some retailers, sending massive volumes of packages to the Postal Service and creating major delays.
The earlier-than-usual deadlines come as more people turn to online shopping during the pandemic, creating a logjam for shipping companies as well as delivery delays. The U.S. Post Office admits that processing plants are “overwhelmed.”
U.S. online holiday sales are expected to shatter previous records. Adobe Analytics, which measures sales at 80 of the top 100 U.S. online retailers, predicts a total of $189 billion in online holiday sales, a 33% increase compared to last year.
FedEx and United Parcel Service are girding for their biggest test yet in the e-commerce era, with the holiday shopping season pushed ever earlier and stretching the limits of shipping networks already strained by the COVID-19 pandemic.
Indiana Gov. Eric Holcomb said it would take years to clean up the 725-acre site, making it not financially viable.