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This Week in Logistics News (March 30 – April 5)

Logistics Viewpoints

Sellers on Walmart Marketplace, the retailer’s e-commerce platform, can add a “Keep It Rule” to avoid paying for return shipping, per the March “Seller Digest.” The National Retail Federation and Appriss Retail projected in December that online returns in the U.S. retail industry would reach $247 billion worth of merchandise in 2023, or 17.6

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Rail Logistics Moves Ahead

Logistics Business Magazine

Rail-Flow, the leading platform provider for rail freight and intermodal transport, has attracted new investors to expand its business activities. The Purchase & Tender Management platform was the first solution on the market in 2020 and is a marketplace for conventional rail freight transport.

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An Overview of Railroads in Logistics and Transportation

MTS Logistics

If your shipment has to move over 1,000 miles and is not time-sensitive, rail transportation can be cost-effective for your shipment. Railroad shipments are usually 10%-15% less expensive compared to intermodal transportation.

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CakeBoxx makes executive team appointment

Logistics Business Magazine

. “We have seen unprecedented demand across multiple industries for our specialised transportation platforms,” said Daine Eisold, Founder and CEO of CakeBoxx Technologies.

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DAT sees a growth spurt in spot truckload rates compared to contract rates

247 Customs Broker

For the contract marketplace, which has been so stable in recent years, we are now seeing a difference in the line haul van rate [which does not include fuel], with January 2018 at $1.79 “If we look at spot market rates year-over-year, vans are at $2.26 per mile versus $1.67 per mile, which is a 35.3% increase.

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Ocean Cargo Update: Reversal of Fortune for Rates?

247 Customs Broker

“Chainalytics is the market leader in truckload transportation benchmarking and Drewry is the market leader in ocean transportation benchmarking, so our cooperation also includes the development of benchmarking for intermodal transportation, alongside the Ocean Buying Group.”.

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Top 35 Ocean Carriers 2018: Turnaround time?

247 Customs Broker

Zvi Schreiber, CEO of Freightos , an online freight marketplace founded in Tel Aviv, says carriers may be hurting themselves by employing this strategy, especially if carriers try to “signal” rate information to keep them artificially high.