Supply chain risks: The knowable unknowns that can hurt your supply chain performance!

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CSX, one of the only two railroad operators in the USA that handles nearly all the shipments that move by train east of the Mississippi River has been experiencing serious challenges since the month of May. The reasons behind this were well chronicled in a recent Wall Street Journal article. To sum it up, an activist investor caused a major shakeup in the company earlier this year and a new CEO took over in March. The new CEO embarked on several cost reduction initiatives in conjunction with a number of changes (some may argue too fast and too soon) on how the company operates its freight-trains. This has resulted in significant delays and disruptions in shipment deliveries. An extreme example of this is a ride from Chicago to Colesburg, Tennessee taking 18 days, 13 hours, and 57 minutes!

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Shipping.dk

Shipping.dk is one of Scandinavia´s leading shipping and logistics companies with own offices in the Nordic countries. The activities include stevedoring, warehousing, agency, customs clearing, commercial chartering, liner service, cruise and freight forwarding.

OTHER ARTICLES

how supply chains can mitigate coronavirus impact

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Article | March 18, 2020

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Spotlight

Shipping.dk

Shipping.dk is one of Scandinavia´s leading shipping and logistics companies with own offices in the Nordic countries. The activities include stevedoring, warehousing, agency, customs clearing, commercial chartering, liner service, cruise and freight forwarding.

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