PRIMO LEADING NEWS

WEEK SEPT 2ND TO 6TH

U.S. & INDUSTRY

Canadian Rail Strike Averted, Operations Resume While PRIMO Creates Alternate Fulfillment Options

Canadian railway companies and the Teamsters union have returned to negotiations after a brief halt in operations due to a government-mandated arbitration, resuming rail services across Canada. The labor dispute had led to a lockout, disrupting rail operations and affecting freight movement. Still, intervention by the Canada Industrial Relations Board has prevented further strikes or lockouts during the arbitration process. PRIMO’s extensive network and flexible logistics solutions provide stability and continuity for businesses impacted by such disruptions in North American rail services, ensuring reliable alternative transport options.

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Panama Canal Eases Shipping Bottlenecks, Creates More Opportunity for PRIMO Service

The Panama Canal has lifted transit restrictions following a severe drought, allowing increased vessel drafts and raising the daily transit count to 36, as recent rainfall boosts water levels in key reservoirs. This improvement follows historical restrictions and innovative auction systems for transit slots during the drought’s peak. PRIMO’s integration capabilities and human-first support system provide reliable alternatives and logistical solutions during such disruptions, ensuring efficient freight management and mitigating the impact of global shipping delays.

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Trucking

Trailer Orders Struggle Amid Economic Uncertainty, Push Demand for Quality 3PLs

U.S. trailer orders in July 2024 increased month-over-month yet remained significantly lower compared to the previous year, reflecting a broader downturn in demand amidst already-filled dealer inventories and a weak freight market. Despite a seasonal adjustment, the outlook remains cautious with expectations of continued subdued demand through the remainder of the year. PRIMO’s broad network of asset carrier partners and pricing intelligence directly addresses the challenge of rising transportation costs, ensuring efficient freight management even as trailer order volumes fluctuate and market conditions remain uncertain.

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Autonomous Truck Inspections Streamlined, Put 3PLs and Driverless Trucks Back on the Radar

Kodiak Robotics partnered with law enforcement and a technology company to conduct 1,000 equipment inspections using an autonomous system, demonstrating its effectiveness over a year. The pilot program, utilizing the Drivewyze platform and the Texas Department of Transportation, aimed to safely integrate autonomous trucks into regular traffic using the Commercial Vehicle Safety Alliance’s new inspection standards. This move towards autonomous trucking reduces inspection-related delays, directly addressing and putting the future of PRIMO’s commitment to efficient and compliant freight solutions amidst evolving industry regulations front and center.

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Technology

AI in Logistics: Bridging Trust with Technology While PRIMO Tech Is Future-Ready

AI is increasingly central in logistics, blending traditional methods with advanced technologies like generative AI and machine learning to optimize routing and reduce inefficiencies. During a webinar, experts discussed how AI surpasses traditional operations research by adapting to complex logistics challenges and continuously improving transportation outcomes without the need for constant human intervention. PRIMO leverages similar AI-driven advancements to address the volatility and inefficiencies in managed transportation, ensuring optimal solutions that reduce operational setbacks and enhance customer satisfaction.

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