A supply chain pilot data-sharing initiative that aims to reduce Port Congestion at crowded U.S. ports has started exchanging data and increased in size, according to the U.S. Transportation Department (USDOT) on Wednesday.
With truckers, shippers, wholesalers, retailers, and ports, USDOT announced the initiative in March with the goal of “developing a digital tool that delivers firms information on the state of a node or area in the supply chain.”
A New Initiative for Port Congestion
FedEx (FDX.N), UPS (UPS.N), C.H. Robinson (CHRW.O), Albertsons (ACI.N), Target (TGT.N), the Ports of Long Beach and Los Angeles, the ocean carriers CMA CGM and MSC, Fenix Marine Terminal, and Global Container Terminals were among the 18 initial participants in the Freight Logistics Optimization Works (FLOW) program.
The program was defined as a first-of-its-kind project to exchange information and assist transport goods more rapidly and affordably by U.S. Transportation Secretary Pete Buttigieg.
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