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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.

About Cole International’s Freight Forwarding Services:

At Cole, we’re proud to have been freight forwarders for more than 60 years. Freight forwarders are at the frontlines of today’s global supply chain challenges. These updates share some of the latest freight news: keeping you abreast of the situation and giving you insight into the complexity freight forwarders are navigating at this time. Contact us today to learn how we can streamline your shipping operations.

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