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FINANCE

A Shipping Tipping Point

By Nate Herman Senior Vice President, Policy, AAFA | February 8, 2024

2024 is starting off with a bang. The daily attacks on ships in the Red Sea, the most severe drought in the history of the Panama Canal, the looming expiration of the East and Gulf Coast ports...

Port of Long Beach Enters Second Phase of Digital-Tools Development

Port of Long Beach Enters Second Phase of Digital-Tools Development

The Long Beach Board of Harbor Commissioners has received an update regarding the Supply Chain Information Highway, which is now in its second phase of development.

Port of L.A. Receives Infusion of Grants for Infrastructure Upgrades

Port of L.A. Receives Infusion of Grants for Infrastructure Upgrades

Supply-chain woes may disappear like last year’s fashions thanks to a grant injection from state government to improve the Port of Los Angeles...

The Future of Shipping:  What’s on the Horizon

The Future of Shipping: What’s on the Horizon

You can have the quickest, most breakneck pace for churning out fast fashion, but if the supply chain is broken cutting-edge looks can become practically vintage by the time they reach stores.

Port of Long Beach Welcomes First Environmentally Sustainable Ship

Port of Long Beach Welcomes First Environmentally Sustainable Ship

You may have heard of the madness of King George—there’s a superb 1994 biopic about it—but that’s certainly not the case with this George III, who’s not a monarch but a cargo ship.

California Governor Signs Off on Unprecedented Port-Budget Package

California Governor Signs Off on Unprecedented Port-Budget Package

Relief may be coming for frustrated apparel makers tired of waiting while their goods are stuck on a ship unable to dock.

Crowley Maritime Navigates Evolving Shipping Needs

Crowley Maritime Navigates Evolving Shipping Needs

The prettiest piece of fashion you’ve ever seen—and at the most unbelievable price—is of no use unless it’s in your size.

KlearNow Raises $50 Million to Alleviate Global Supply-Chain Constraints

KlearNow Raises $50 Million to Alleviate Global Supply-Chain Constraints

KlearNow, a logistics-as-a-service company founded in 2018, announced it has raised $50 million in new funding to provide supply-chain solutions that simplify and provide real-time cargo visibility.

Supply-Chain Issues Beginning to Ease Up

Supply-Chain Issues Beginning to Ease Up

After months of long wait times, out-of-stock items and a feeling of uncertainty surrounding the holiday season, supply-chain issues around the world are slowly beginning to ease up.

Fleeting Aims to Change the Trucking Industry

Fleeting Aims to Change the Trucking Industry

A new platform is aiming to push the trucking industry forward by pairing independent truck owners with licensed drivers to create a scalable fleet.

Logistics-Industry Expert Talks Current Supply-Chain Issues

Logistics-Industry Expert Talks Current Supply-Chain Issues

As part of its “Q&A With the Experts” series, the California Fashion Association hosted an event with Robert Krieger, president and chief executive officer of Krieger Worldwide, who spoke on the current issues within the supply chain and the effects of these problems on the apparel industry.

Port of Oakland Expects Growth After July Volume Dip

Port of Oakland Expects Growth After July Volume Dip

After a year of continued cargo growth, the Port of Oakland saw a dip in volume last month. But there’s a good chance the reduction won’t last as the port said it is expecting containerized cargo volume growth to resume as the peak shipping season arrives.

Port of Los Angeles Sees Record June Numbers, Sets New Fiscal-Year Mark

Port of Los Angeles Sees Record June Numbers, Sets New Fiscal-Year Mark

The Port of Los Angeles saw another new record in the month of June with more than 875,000 20-foot equivalent units (TEUs) processed. The TEUs represented the port’s busiest June ever and closed the fiscal year at 10,879,383 TEUs—a new record for any Western Hemisphere port. The June numbers were also a 27 percent increase over last year’s 8,560,882 TEUs.

Ruby Has Continues Growth With Acquisition of Boss Logistics

Ruby Has Continues Growth With Acquisition of Boss Logistics

Ruby Has announced earlier this month that it has acquired the e-commerce fulfillment company Boss Logistics. Founded in 2011, Ruby Has provides e-commerce fulfillment services to over 400 direct-to-consumer brands in six states, integrating orders, storing inventory in secure distribution centers, packaging inventory to the requested specifications and shipping worldwide.

Port of Los Angeles, Oakland Report Record Cargo Surge

Port of Los Angeles, Oakland Report Record Cargo Surge

The Port of Los Angeles and Port of Oakland both reported a record cargo surge in March.

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