Freight updates September 13, 2023: latest news and updates on the worldwide supply chain
The worldwide supply chain is constantly changing. As we continue dealing with the fallout of pandemic-related supply chain issues, fluctuations in prices, labour disruptions, logistic delays, and port congestion persist. We provide you with industry updates that include some of the latest freight news, helping to keep you on top of the dynamic global supply chain landscape.
Final CARM release delayed to May 2024
While certain selected importers are still expected to have access to the CARM Release 2 system in October 2023 as part of a soft launch, the CBSA has announced that CARM Release 2 is not expected to become the official system of record for imported goods into Canada until May 2024. Read more.
August Class 8 truck orders reach highest level since February
Preliminary net Class 8 truck orders reached 19,000 units in August, 9% below a year ago. But they were the highest in six months. Bookings should begin to rise in September as the 2024 order season accelerates. Read more.
How Amazon Shipping could shake up the parcel delivery industry
While not yet a heavy hitter against FedEx and UPS, the service could entice small- and medium-sized businesses with its straightforward fees, experts say. Read more.
Old Dominion jumps into Yellow bidding with $1.5B for terminals
Old Dominion Freight Line—and not less-than-truckload rival Estes Express Lines—will set the bidding floor for the sale of the more than 160 freight terminals of shuttered Yellow Corp., new court documents show. Read more.
Adoption of mobile robots expected to far outpace drones over next 3 years
Smart mobile robot adoption in supply chains is growing rapidly and will far outpace drones over the next three years, according to Gartner, Inc. Read more.
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