Procurement Bulletin

Things to Learn from the Hanjin Shipping Bankruptcy

On August 31, 2016, Hanjin Shipping filed for bankruptcy protection. Ports refused to accept containers from the company or started charging exorbitant rates, out of fear they wouldn’t be compensated. The collapse of Hanjin Shipping is the largest container shipping bankruptcy in history, and its effect on international supply chains is poignant. Check out what …

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Purdue University to Study Truck Platooning

Truck platooning happens when a fleet of trucks drives closely together with very little following distance between each vehicle. It is a way of maximizing the capacity of a road while also saving on fuel consumption. The University of Purdue aims to study truck platooning technologies to help industry partners with their research. Truck platooning …

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Heavy Freight Growth Expected Over the Next Decade

The trucking industry is crucial to the success of the American economy. Shipping by truck is typically less expensive than air freight. In addition, trucks can reach more locations than container ships, rail cars, and other types of transportation. That’s why it’s not surprising that the freight truck industry is expected to grow dramatically over …

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Chicago O’Hare International Airport Expands Its Cargo Capacity

Chicago O’Hare International Airport is expanding its cargo capacity with a new state-of-the-art cargo center. This will strengthen the airport’s ability to handle large volumes of freight and will also provide economic growth for the city of Chicago. Take a look at why the project is happening and learn how Chicago and the surrounding region …

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How American Eagle Outfitters Keeps Operations Running Smoothly

American Eagle Outfitters consistently innovates and looks for ways to incorporate technology into its business operations. This is true throughout the company’s manufacturing, distribution, and marketing departments. American Eagle Outfitters’ shares dropped at the beginning of 2017, but the company’s technology investments will help keep its operations running smoothly and aid in the company’s recovery.

Rate Correction for Ocean Cargo Expected in 2017

At the end of 2016, cargo imports surged. Retailers had experienced strong holiday spending and were stocking up on inventory for 2017. The increased container cargo volume was a welcome change from the lows of 2016, when overcapacity and weak demand caused rates to drop to the lowest they had been in years. This even …

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