☕ Cargoccino is our bi-monthly post delivering bite-sized logistics industry news so you stay informed while enjoying your favorite drink.
Usually it is published every second and fourth Tuesday of the month. However, we wanted to learn more at the IANA Expo 2024 and share the takeaways with you. ☕
IANA Expo 2024
Every year at the Port of Long Beach, the Intermodal EXPO brings together industry leaders and innovative technology for cross-mode solutions.
After experiencing a slowdown earlier this year, there is now a shortage of warehouse capacity due to increased imports. Due to the fluctuating volumes between the West Coast and the East Coast, companies are finding that forming strong partnerships and seeking referrals is a best practice. This allows for more business to be conducted, keeps customers satisfied, and ensures that reliable logistics partners are in place to transport goods. Additionally, it was emphasized that companies should invest in good technology to enhance their resilience in the face of ongoing challenges and to optimize costs.
The Voice of the Customer panel (shipper panel) focused on the challenges shippers face, including rising costs, supply chain disruptions, and regulatory hurdles. Participants discussed the importance of building resiliency through measures such as diversifying transportation modes, investing in technology, and fostering stronger partnerships.
BlueCargo’s booth received many visitors at a steady, busy pace, allowing our team to introduce the new intelligent freight invoice audit tool that also applies to rail D&D. If you haven’t had the chance to visit us at the IANA Expo 2024 and are curious about the Freight Invoice Audit solution, you can schedule a quick call HERE.
Port of Long Beach Breaks Records in Busy August!
Cargo surges as retailers rush to beat tariffs and labor disruptions: In August, the Port of Long Beach processed the most cargo in its history, exceeding 900,000 TEUs. This boom is driven by retailers stocking up before potential tariff increases and ongoing labor negotiations at other ports.
U.S. East and Gulf Coast dockworkers nearing strike
It seems inevitable.
Union representatives from the International Longshoremen's Association (ILA) are considering a strike if a new collective bargaining agreement isn't reached with the U.S. Maritime Alliance (USMX) by September 30. The ILA is pushing for a 77 percent wage increase over the next six years.
Building a Resilient Supply Chain: Data is King
The U.S. Department of Commerce and the Council on Foreign Relations hosted the Supply Chain Summit on 9/10. As supply chains face increasing risks, businesses must prioritize resilience. By leveraging data, technology, and strategic planning, companies can better manage uncertainty, ensure continuity, and maintain a competitive edge.
Rail Container Dwells Ease in Seattle-Tacoma
Despite recent challenges, rail container dwell times in Seattle-Tacoma are showing signs of improvement. While the situation remains tense, increased import volumes and operational adjustments gradually ease congestion. Retailers and shippers can expect some relief in the coming weeks as the peak season subsides.
Source: JOC
☕ What is brewing at BlueCargo? ☕
We have learned a lot these past days at the Long Beach Convention Center during the IANA Intermodal Expo 2024. We are confident that our new Freight Invoice Audit tools will help you adapt to disruptions, import surges, sustainability goals, and rail costs. Building resilience in our new supply chain era is a process that you want to start with a strong tech partner. BlueCargo’s suite of products can help you make better-informed decisions and forecasts through each step of that process.
You can, of course, always schedule a discovery call with us HERE.
And, if you want to see the platform in person, you can meet with our team at JOC Inland in Chicago at the end of this month.
Click HERE to book your meeting with us at JOC Inland.
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