PRIMO LEADING NEWS

WEEK AUG 26TH TO 29TH

US & INDUSRTY

Rail Strike Halts Canada-U.S. Shipments, Shippers Turn to Experts for Help

Aug 22, 2024

Canada’s largest railroads, Canadian National and CPKC, have ceased operations due to unresolved labor disputes, disrupting shipments across Canada and into the U.S. The halt affects billions in goods, including hazardous materials and perishables, with significant repercussions expected for various industries, especially automotive and chemical sectors. PRIMO’s robust freight management solutions can provide critical support during this rail strike by ensuring reliable and efficient cross-border transportation services.

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Fortifying Supply Chain Resilience Amidst Global Disruptions Calls PRIMO to the Frontlines

Aug 20, 2024

Recent disruptions in critical trade routes have heightened logistical challenges and financial pressures on global businesses, necessitating strategic adaptations to enhance supply chain resilience. Companies are increasingly leveraging advanced analytics, adopting robust monitoring systems, and shifting from Just-in-Time to Just-in-Case strategies to navigate these complexities. PRIMO’s integration capabilities and human-first support system directly address these challenges by offering reliable, flexible logistics solutions that ensure continuity and adaptability in a volatile global market. This alignment helps businesses mitigate disruptions effectively and maintain competitive advantage.

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TRUCKING

SoCal Ports Experience Record Container Surge Again, Put Demand in Sights for Drayage Service Providers

AUG 20, 2024

The ports of Los Angeles and Long Beach have experienced unprecedented growth in container volume, with July recording the highest TEUs in history, marking a significant increase from the previous year. This surge in activity highlights the growing demand for efficient drayage services. PRIMO’s robust network and human-first approach can alleviate the increasing demand for drayage, ensuring efficient throughput and customer satisfaction.

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Minnesota Fuel Tax Increase Impacts Transportation Costs, Creates Fuel Surcharge Risk

AUG 21, 2024

Starting January 1, Minnesota will increase motor fuel taxes by nearly 12% to 31.8 cents per gallon for diesel, biodiesel, and gasoline, and 22.59 cents for ethanol, as part of an annual adjustment linked to the state’s highway construction cost index. This tax hike is expected to generate significant revenue for transportation projects by 2025. The increased complexity in tracking fuel surcharges due to new regulations can be efficiently managed by PRIMO, leveraging their advanced technology to ensure accuracy and cost-effectiveness for shippers.

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TECHNOLOGY

AI Revolutionizes Freight Management Efficiency, Creates Strong Use Case for PRIMO Partnership

AUG 20, 2024

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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