Inside this edition: being a better prospector, transportation costs at a minimum, and FedEx has new toys.
Ukraine spillover effects now include higher shipping cost for FedEx.
Industry cooperation removing containers from the docks has convinced port officials to hold off imposing penalties for excess storage.
Double demurrage in Seattle: A terminal operator is adding a second layer of fees for extended container dwell times.
Cargo is moving a bit more smoothly at the Southern California ports, giving officials reason to hold off assessing stiff storage fees.
The ports of Los Angeles and Long Beach are turning into makeshift warehouses. Officials hope new fines on lingering cargo will end the practice.
FedEx is raising the fees on U.S. residential deliveries, its Ground Economy service and on packages requiring “additional handling.”
Retailers with physical footprints have been able to leverage new modes of fulfillment to pass increased costs associated with online delivery to consumers and their suppliers. But for digitally-native brands without access to physical stores, this could be painful should it become the new normal. If you ask FedEx, it already has.
John Hagi of AIT Worldwide Logistics addresses the large integrators’ efforts to shift away from shipping heavy, bulky packages.
