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This Week in Logistics News (September 30 – October 6)

Logistics Viewpoints

And now on to this week’s logistics news. They have pushed through annual general rate increases of more than 30% from 2019 to 2024, and are often nearly lock step on pricing. The post This Week in Logistics News (September 30 – October 6) appeared first on Logistics Viewpoints. or UPS Inc.

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National Logistics Day 2023

Enterra Insights

The staff at the Transportation Intermediaries Association (TIA) note, however, that the logistics industry plays an “out-sized — and often underappreciated — role … within the greater transportation ecosystem.”[1] Just 14 years later, the first air cargo flight took place in 1910.

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September 26, 2023 Update

Freightos

But even with the rate declines of the last few weeks, prices to the West Coast remain well above 2019 levels, and East Coast rates are about even with 2019. In air cargo, more forwarders are reporting signs of life for ex-Asia volumes, which is a good omen for hopes of an air peak this year. Europe rates of $3.70/kg

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This Week in Logistics News (December 4 -10)

Logistics Viewpoints

I always find the news round-up exciting to write, as I end up reading more about supply chain and logistics than I would have thought possible. All of us at Logistics Viewpoints would like to thank our readers for continuing to tune in every week. Without our readers and sponsors, Logistics Viewpoints would not be possible.

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October 4, 2023 Update

Freightos

Asia – Mediterranean prices are below $1,500/FEU so far this week, their lowest level since 2019. America East Coast prices fell 8% last week and continued their slide so far this week with daily rates at $2,249/FEU, 18% lower than in 2019 and their lowest level since mid-2018. America rates increase 8% last week to $4.75/kg,

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The Best Supply Chain Conferences of 2019

GlobalTranz

Although dozens of conferences exist around the globe, warehouse managers should consider going to one of the best supply chain conferences of 2019 (plus MODEX, which is held in even-numbered years and occurs in 2020). Keynote speakers at LINK 2019 include Dick Johnson, President and CEO at Foot Locker, Inc., GET YOUR COPY HERE.

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September 13, 2023 Update

Freightos

These projections have September and October volumes 6-7% higher than in 2019, followed by only a moderate dip in November and December, with volumes about 15% higher than pre-pandemic. Rates on this lane fell 8% last week to $1,608/FEU, though prices remain slightly above 2019 levels. America Freightos Air Index rates to $4.78/kg

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