Will holiday goods be in stores in time? – Chassis, truck, and driver shortages. Longshoremen working 4 months (so far) without a contract. Container imbalances. Extended dwell times for vessels at US ports. All of these factors and more will affect the merchandise available for sale during the critical “Black Friday” weekend. Will retailers be ready for consumers? Read more about the causes and effects of supply chain delays for containerized cargo here. (Reuters)
VA Ports increased volumes and profitability increase, but congestion issues hold everyone back – September 2014 truck volume increased 21% from 2013, and motor carriers are feeling the squeeze. The Virginia Port Authority is trying to make it easier for truckers to move containers in and out of its terminals. See the story here. (Newport News Daily Press)
UP profits up 19% in Q3 2014 – Customers will feel right in demanding performance from Union Pacific, given the better-than-expected profits received this year. Read more on a potentially record year for earnings here. (Cargo Business News)
Badcock to consolidate GA, AL warehousing under one roof – WS Badcock will construct a new 535,000 sq ft distribution center in LaGrange, GA. This replaces the Thomson, GA and Cullman, AL facilities. Read more here.
Container ships collide, sparking cargo fire in Malaysia – Ships from UASC and Hamburg Sud collided at Port Klang, causing fires on both vessels. No injuries were reported. Read more here. (JOC)
Port of Oakland woos shippers to divert from LA-LB – The Maritime Director of the Port of Oakland says shippers should consider diverting cargo away from the gridlock at L.A./Long Beach to the upstate facility. Read details here. (JOC)
La-Z-Boy closing High Point office – The move will take place over the next couple of years. It’s prompted in part by the closure of Lea Industries. Read more here