Little Rock, AK number one on DAT’s top-10 markets for flatbed loads. The first half of 2018 has been a red-hot market for freight across all inland modes, with Little Rock at the top of the mercury. Little Rock, AR, already has more load posts in 6 months than it did in all of 2017 — and 2017 was a huge year on the spot market in its own right, according to a report by DAT.
Port of Long Beach has its busiest month ever. At no time in the port’s 107-year history have container cargo volumes ascended to the peaks they have in June. “The domestic and global economies are good, which is why we’re seeing all of this activity. Certainly, the escalating trade tensions have everyone in the industry concerned, but we’re going to continue to provide excellent customer service and fulfill our mission of facilitating commerce” said Port of Long Beach Executive Director, Mario Cordero, to Saftey4Sea. Imports were up 14.5% (384,095 TEUs) in Junes while exports grew 14.3% (135,168 TEUs.)
”Uh-oh. Something went wrong on our end.” Consumers looking for Prime Day deals were met with the preceding statement as well as images of forlorn poochies as they saw their potential savings stymied due to technological glitches on the online retail giant’s end. Jeff Bezo’s Black Friday in July sales event is in its 4th year and was aiming for a huge turnout, just as Prime membership fees have increased. Unfortunately, too many shoppers may have left the site’s web servers holding the bag. However, despite those problems, Prime Day still beat previous sales records.
Furniture retailers feeling the Amazon Effect. Despite Prime Day’s aforementioned hiccups, the retail giant’s brand is sold on fast, efficient shipping in a couple of business days. Consumers have been conditioned to an accelerated check-out to delivery cycle, and few products are immune to these demands. “Large, durable items are seeing the same pressure as laptop manufacturers do from Best Buy or Dell,” Karin Bursa, executive vice president at supply chain software firm Logility, told Supply Chain Dive. “Seeing that [influence on] carpets, curtains, drapes, and appliances is causing traditional furniture manufacturers to be faster and more responsive to consumers.”
Amazon Effect reaches the urban warehousing market. The online retailer accounted for a tenth of all of the space in UK warehouses leased last year, according to data compiled by Savills Plc. “As consumers increasingly expect same-day delivery of goods, logistics and retail occupiers are shifting their distribution strategies to focus on urban, last mile-relevant locations,” said James Seppala, Blackstone’s head of European real estate, to Digital Commerce 360. London Politicians goal to expand the sale of industrial land for housing development could result in a major shortage of space for commercial use.
E-commerce boom leaving warehouse space in short supply in US as well. Warehouse space is getting snatched up as soon as its completed, according to a report by CBRE Group. The report states that industrial real estate availability plummeted to 7.2%, continuing its decline for a record 32 consecutive quarters.
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