{"id":1004,"date":"2023-07-29T08:00:00","date_gmt":"2023-07-29T08:00:00","guid":{"rendered":"https:\/\/logisticsportal.net\/?p=1004"},"modified":"2024-01-07T18:32:00","modified_gmt":"2024-01-07T18:32:00","slug":"logistics-recap-july-23rd-july-29th","status":"publish","type":"post","link":"https:\/\/logisticsportal.net\/?p=1004","title":{"rendered":"Logistics Recap July 23rd – July 29th"},"content":{"rendered":"\n[et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”4.16″ _module_preset=”default” background_image=”https:\/\/logisticsportal.net\/wp-content\/uploads\/2022\/02\/container-gb7384e8e9_1920_dark.jpg” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_fullwidth_header _builder_version=”4.23.4″ _module_preset=”default” use_background_color_gradient=”on” background_color_gradient_stops=”#2b87da 0%|#1c2887 100%” background_image=”https:\/\/logisticsportal.net\/wp-content\/uploads\/2022\/06\/truck-2677373_1920.jpg” min_height=”173px” custom_margin=”-29px|||||” hover_enabled=”0″ global_colors_info=”{}” theme_builder_area=”post_content” title_text=”truck-2677373_1920″ sticky_enabled=”0″]

Logistics Recap <\/strong><\/h1>\n

July 23rd <\/strong>– July 29th<\/strong><\/h1>[\/et_pb_fullwidth_header][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_padding=”0px|||||” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_row _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_divider show_divider=”off” _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][et_pb_text _builder_version=”4.23.4″ _module_preset=”default” link_text_color=”#0C71C3″ link_option_url_new_window=”on” hover_enabled=”0″ global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]

CMA CGM shipping revenue up 36% amidst profit slide<\/b><\/p>\n

France\u2019s CMA CGM, the world\u2019s third-largest ocean carrier, has managed to aquire over billion a quarter net profits per container.\u00a0<\/span><\/p>\n

CEO Rodolphe Saade said Friday that \u201cperformance remains robust\u201d despite \u201cdifficult market conditions\u201d amid \u201cfurther normalization\u201d of shipping rates.<\/span><\/p>\n

Read More Here Freightwaves<\/a><\/strong><\/p>\n

 <\/p>\n

California ports recieve over $700M in federal grants<\/strong><\/p>\n

The state of California awarded several ports millions of dollars in grants to improve the movements of goods in supply chains, according to multiple port press releases in July.<\/p>\n

The Port of Oakland received $119 million, the Port of Long Beach $383 million and the Port of Los Angeles a total of $233 million from the California State Transportation Agency.<\/p>\n

Read More Here Supply Chain Dive<\/a><\/strong><\/p>\n

 <\/p>\n

Transportation delays forve Volkswagen to lower delivery target<\/strong><\/p>\n

In a July 27 earnings report, Volkswagen lowered the target from 9.5 million automobiles to between 9 million and 9.5 million vehicles. The automaker said pressure was shifting from semiconductor shortages to transportation and logistics delays, although it also said that\u00a0<\/span>supply chain disruptions<\/a>\u00a0<\/span>had eased during the second quarter of 2023. Overall, Volkswagen expects the cost of raw materials to decrease and logistics bottlenecks to lessen.<\/p>\n

Read More Here Supply Chain Brain<\/strong><\/a><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n","protected":false},"excerpt":{"rendered":"

Logistics Recap July 23rd – July 29thCMA CGM shipping revenue up 36% amidst profit slide France\u2019s CMA CGM, the world\u2019s third-largest ocean carrier, has managed to aquire over billion a quarter net profits per container.\u00a0 CEO Rodolphe Saade said Friday that \u201cperformance remains robust\u201d despite \u201cdifficult market conditions\u201d amid \u201cfurther normalization\u201d of shipping rates. Read […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"1140","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[10],"tags":[29,25,24,31,26,19,28],"class_list":["post-1004","post","type-post","status-publish","format-standard","hentry","category-news","tag-freight","tag-logistics-2","tag-news-2","tag-recap","tag-shipping","tag-supply-chain","tag-transportation"],"yoast_head":"\nLogistics Recap July 23rd - July 29th - Logistics Portal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/logisticsportal.net\/?p=1004\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Logistics Recap July 23rd - July 29th - Logistics Portal\" \/>\n<meta property=\"og:description\" content=\"Logistics Recap July 23rd - July 29thCMA CGM shipping revenue up 36% amidst profit slide France\u2019s CMA CGM, the world\u2019s third-largest ocean carrier, has managed to aquire over billion a quarter net profits per container.\u00a0 CEO Rodolphe Saade said Friday that \u201cperformance remains robust\u201d despite \u201cdifficult market conditions\u201d amid \u201cfurther normalization\u201d of shipping rates. 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