Skip to content
Search AI Powered

Latest Stories

Consolidated Chassis Management Joins U.S. DOT’s FLOW Initiative to Improve Supply Chain Resilience

Information sharing across industry key to facilitating long-term fluidity

Consolidated Chassis Management Joins U.S. DOT’s FLOW Initiative to Improve Supply Chain Resilience

Consolidated Chassis Management (CCM), a leading cooperative chassis pool provider, has joined the U.S. Department of Transportation’s data-sharing program, Freight Logistic Optimization Works (FLOW), which was established earlier this year. Through its collaboration with key supply chain stakeholders, the U.S. DOT project will create an information exchange to relieve supply chain bottlenecks, speeding up the movement of goods, and ultimately, reducing U.S. consumer costs.

"We at CCM endorse the establishment of a uniform and interoperable digital infrastructure across the container shipping sector and are honored to contribute to the conversation at this early stage. This project will unquestionably lay the foundation for a smooth, end-to-end information sharing process that is necessary to improve supply chain efficiency, security and resiliency,” said Ken Tock, Vice President, Product Development for CCM.


FLOW is comprised of a wide cross-section of industry leaders and the DOT plans to add more in the future. Partners include U.S. port authorities, terminal operators, private businesses, distributors, logistics, ocean carriers, warehousing firms and others -- all of which represent various viewpoints throughout the supply chain.

CCM was formed on the principle of generating efficiencies and synergies that benefit a variety of supply chain stakeholders, including terminal operators, ocean carriers, railroads, motor carriers and shippers. CCM's people, technology, and industry expertise serve as the foundation of its highly interoperable chassis provisioning model that continues to evolve with the marketplace.

"As the leading cooperative chassis pool manager in the United States, CCM is committed to forming strong, cross-industry collaborations, which we believe will pave the way for a more interoperable supply chain in the future," added Mr. Tock. “Our participation in the FLOW initiative underscores CCM’s dedication to collaboration, professionalism, and innovation to the industry and our customers."

About CCM

CCM is the leading cooperative chassis pool manager, managing the combined fleet of multiple contributors to provide maximum equipment availability and facilitate ease of participation to all involved in intermodal freight transport. CCM supports all chassis provisioning models and enables participants the ability to choose their chassis provider through CCM's Customer Choice Program. Bringing together an experienced Logistics and M&R staff strategically stationed throughout each region, CCM is committed to high quality and reliable equipment to meet customers' needs. The Chassis Management Application Suite provides a best-in-class platform for the management of chassis provisioning for all industry stakeholders, allowing CCM to effectively collaborate with steamship lines, railroads, ports and motor carriers at over 200 locations nationwide.

Recent

More Stories

aug24-lmi_orig.png

Logistics economy expanded in August

Economic activity in the logistics industry expanded in August, though growth slowed slightly from July, according to the most recent Logistics Manager’s Index report (LMI), released this week.

Keep ReadingShow less

Featured

GEODIS_Teammate_During_Peak_Season_Photo_Credit_Eli_Hiller.jpg

Geodis kicks off peak season hiring boom with 3,700 seasonal jobs

The winter peak season hiring boom has begun, as logistics service provider (LSP) Geodis said Thursday that it plans to hire 3,700 seasonal workers across its warehouses and distribution centers in the U.S. and Canada to help manage the expected rise in volumes.

That hiring surge marks a significant jump in relation to the company’s nearly 17,000 current employees across North America, adding 21% more workers.

Keep ReadingShow less
photo-1556740772-1a741367b93e.jpeg

NRF: U.S. is on the cusp of nailing a “soft landing” in inflation fight

With the economy slowing but still growing, and inflation down as the Federal Reserve prepares to lower interest rates, the United States appears to have dodged a recession, according to the National Retail Federation (NRF).

“The U.S. economy is clearly not in a recession nor is it likely to head into a recession in the home stretch of 2024,” NRF Chief Economist Jack Kleinhenz said in a release. “Instead, it appears that the economy is on the cusp of nailing a long-awaited soft landing with a simultaneous cooling of growth and inflation.”

Keep ReadingShow less
xeneta air-freight.jpeg

Air cargo carriers enjoy 24% rise in average spot rates

The global air cargo market’s hot summer of double-digit demand growth continued in August with average spot rates showing their largest year-on-year jump with a 24% increase, according to the latest weekly analysis by Xeneta.

Xeneta cited two reasons to explain the increase. First, Global average air cargo spot rates reached $2.68 per kg in August due to continuing supply and demand imbalance. That came as August's global cargo supply grew at its slowest ratio in 2024 to-date at 2% year-on-year, while global cargo demand continued its double-digit growth, rising +11%.

Keep ReadingShow less
seegrid CR1_Renders_1-2_11zon.png

Seegrid lands $50 million backing for autonomous lift trucks

Seegrid Corp., which makes autonomous mobile robots (AMRs) for pallet material handling, has landed $50 million in new financial backing to accelerate its autonomous lift truck initiatives, which are generating more growth than expected, the company said today.

“Unrelenting labor shortages and wage inflation, accompanied by increasing consumer demand, are driving rapid market adoption of autonomous technologies in manufacturing, warehousing, and logistics,” Seegrid CEO and President Joe Pajer said in a release. “This is particularly true in the area of palletized material flows; areas that are addressed by Seegrid’s autonomous tow tractors and lift trucks. This segment of the market is just now ‘coming into its own,’ and Seegrid is a clear leader.”

Keep ReadingShow less