Velocity Vehicle Group’s Post

A solution on paper is all well and good, but you need top-drawer partners like Crossover Distribution to ensure that the gear you need will be in hand when it's time to deploy. Chad talks to Darin of Crossover at CIM CONNECT so you can hear about the rock-solid support they give us time and time again. #distribution #supplychain #telecommunications

Importantly, this analysis understates the percentage of intermodal business that utilizes more than one railroad. Substantial numbers of moves are “rubber tire interchanged” across intermodal gateways, most notably #Chicago. Rather than deal with the complexity of a multitude of potential origin/destination pairs, the originating #railroad grounds the intermodal unit on one side of Chicago and it is drayed across town and put back up on the connecting railroad’s train. This essentially turns the city into a giant #intermodal mixing center. #crosstown #logistics #drayage

Why You Should Get a Big Truck for Your Growing Business If you're looking to expand your business and become the king of your city, getting a big truck is a must. In this video, we discuss why having a larger truck, like an F-350 or F-450, is essential for scaling up and avoiding future upgrades. Don't miss out on this valuable advice! #BigTruckBenefits #BusinessExpansion #TruckAdvice #ScalingUp #GrowingBusiness #F350 #F450 #TruckTips #BusinessGrowth #TruckOwnership

6 months down, the competition is FIERCE! 🚴 Stage 6 of Tour de Priority1 is a wrap! Who's ready for Stage 7? Tag your champions! 🏆 . . #Priority1 #3PL #SalesLeadership #LogisticsManagement #ProfessionalDevelopment

With about 80% of the business contract-bound, car carriers are – in contrast to other shipping segments – losing money on diverting ships around the Cape of Good Hope to avoid the Red Sea. What can be done to combat it, is adding surcharges. Wallenius Wilhelmsen is not there yet. ”We have not finalized our decision to implement a surcharge or to increase some freight rates,” says Xavier Leroi EVP and COO of Shipping Services at Wallenius Wilhelmsen. Höegh Autoliners has reportedly not introduced additional fees either. But the company has recently announced in a stock exchange notice that they are ”systematically working to offset this by [negative financial effects, -ed] by cargo repricing and possibly implementing extra charges”. #shipping #freight #oceanfreight #logistics #globaltrade #automotive

The nearshoring trend continues and here are the numbers to prove it, straight from the Bureau of Labor Statistics: — Transborder trucking is up 9.9% over last year — Trucks moved $83.4B of freight —The top commodities are computers/parts, vehicles/parts and electrical machinery Learn more about Hercules Mexico services: https://lnkd.in/ghCeynUs #Nearshoring #Customs #Transportation #Shipping

Full truckload (FTL) 🚚 this is like booking a private jet for your shipment. Less than truckload (LTL) 🚛 a bit like carpooling for your goods. With LTL,multiple shippers share space on the same truck. Partial truckload (PTL) 🛻 consider this the middle ground between FTL and LTL, sort of like a mini-van for your freight. If your shipment is too large for LTL but too small for FTL ,PTL is your friend, you share the truck ,but with fewer shippers .it's faster than LTL but more economical than FTL. So with PTL ,you get the best of both worlds.

📣 Non-operating owners’ fleet: more ship additions than deletions 📣 👉 The fleets of NOOs in the small and medium sizes (700-9,000 TEU) have seen more #vessel additions than deletions in the past 10 months. This evolution reverses a trend of continued decline for the NOO #fleet, which started in August 2020 when #carriers, led by MSC, started raiding the second-hand boxship market.   Since Alphaliner’s last review of the NOO fleet in May 2023, 86 new ships for a total capacity of 342,000 TEU have joined the stables of #tonnage providers in the 700-9,000 TEU sizes. Among them were 28 units of 1,500-1,999 TEU and 27 ships of 5,300-7,499 TEU. There were also 15 #ships of 2,700-2,900 TEU.   These three families of energy-efficient ships are firmly becoming among the most popular in the #charter market. Against this, 80 #vessels for 238,800 TEU left the #NOO fleet in the last ten months, for most part sold to end users. ❗ Get advanced industry insights by subscribing to #Alphaliner Weekly Newsletter here https://bit.ly/2Na5HOA #containershipping #maritime #newsletter #data #shipping #liners

Australia stands as a significant player in the global auto parts landscape, but its potential remains largely untapped. Curious about the future of auto parts exporting? 🚗✨ Dive into our latest blog to learn more. https://hubs.li/Q02GwkVb0 #Exporters #Trading #GlobalMarket

Hear from 40+ speakers at Ishka Trading Summit: Midlife, Engines & Part-Out (15 May, Dublin). Ahead of the event we caught up with speaker David Beker (SVP Head of Aircraft Sales & Trading Group, Air Lease Corporation) for a sample of what you can expect! Secure your place today to catch David on the panel 'The Trading Zone: Key Aircraft Traders Perspective' ➜ https://bit.ly/44BpBFD How active has the secondary trading market been? How wide is the bid/ask gap? DB: The secondary trading market in 2024 has been extremely active. Several large and small portfolios are in the market and while various aircraft owners are actively looking to get bids and potentially sell aircraft, there are definitely a large number of well-funded buyers actively looking to deploy capital. We’re not seeing any real bid/ask gap – notwithstanding elevated financing costs, we’re seeing numerous bids at levels that we expect based upon our own in-house pricing. Which assets have been getting the best returns? DB: It should be no surprise that the most popular aircraft types nowadays are leading the pack in terms of returns, aircraft types such as A321NEOs, 737 MAX 8 and 9s and 737-800s, A320s and A321s but we’re also seeing extremely strong bids for the popular new technology smaller (A220) and larger (A330NEO, A350, 787) aircraft types on long leases to top tier carriers. In addition, as long-haul intercontinental air travel has come roaring back with a vengeance in an otherwise supply constrained environment, it’s been nice to see bids increase dramatically on a percentage basis on widebody aircraft types such as the A330 -200 and -300 variants as well as 777-300ERs. Have portfolio acquisitions taken the place of more bilateral trades? DB: There are large portfolio acquisitions every year in our industry and 2024 will be no exception. However, I am confident that there will be a large number of smaller bilateral trades in 2024 which, by the end of the year, will equal or exceed the aggregate value of any large portfolio trades.