With US e-commerce sales growing steadily over the last decade, and with significant growth taking place in 2020 and 2021, shippers have been positioning their goods closer to their end customers. With online sales reaching $870.7 billion in 2021 (a 14.3% year-over-year increase) and $759.6 billion in 2020 (a 31.8%...
Read moreIn March, the US Senate unanimously voted in favor of the Ocean Shipping Reform Act (OSRA), which was passed by the US House in December. On June 16, 2022 it was signed into law by President Biden, following conferencing between the House and Senate on differences that need to be...
Read moreToday we announced that DB Schenker would purchase USA Truck (NASDAQ: USAK), a leading capacity solutions provider. Under the agreement DB Schenker will acquire all outstanding shares of USA Truck common stock for $31.72 per share in cash. The transaction values USA Truck at approximately $435 million, including assumed cash...
Read moreBy protecting shippers from financial loss due to lost or damaged cargo, cargo insurance has always been an important consideration for companies managing both international and domestic shipments. In light of the current supply chain disruptions and numerous high-profile transportation challenges, more shippers are using cargo insurance to help reduce...
Read moreDB Schenker Trade Solutions is the proud recipient of the first annual 2021 “Technology Innovation as a Provider” award from the American World Trade Chamber of Commerce (AWTCC). This award recognizes our website ts.dbschenker.com, which was redesigned in 2020, as a valuable resource for exporters. Why did DB Schenker receive...
Read moreA time to reflect on the importance of safety in the workplace, National Safety Month is celebrated every June. Originated by the National Safety Council in 1996, the month is for spreading awareness of safety hazards and unintentional injuries for industrial workers in the US. National Safety Month is important...
Read moreAs one of the three largest wine consuming countries in the world, the US presents ample opportunity for entrepreneurs looking to introduce Americans to high-quality wines from around the world. When David Hewan saw the opportunity to import quality South African wines and distribute them to restaurants, country clubs, wine...
Read moreComing off from a record year for foreign trade in 2021, Peru is now well positioned to continue growing its export volume, which reached nearly 35% last year—the highest on record for the country. Peru’s agribusiness sector played an important role in the country’s overall trade increases in 2021. In...
Read moreTo say that the land transportation sector has changed dramatically over the last two years would be a major understatement. Between the truck driver shortage, lack of equipment and the persistent capacity crunch, shippers are now dealing with a very different environment than the one they were working with pre-pandemic....
Read moreDavid Resetar almost couldn’t believe his ears. Did the major automobile manufacturer really just tell him that its main key performance indicator (KPI) was percentage of uplift weekly? In other words, the Detroit-based manufacturer is narrowly focused on getting its containers of automotive components physically loaded onto ships. As long...
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© 2022 Schenker Americas, Inc. | Privacy Policy