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EV Maker Lucid Group to Decrease U.S. Workforce

Supply Chain Matters

Added Development Silicon Valley based premium class electric auto vehicle designer and manufacturer Lucid Group will reduce the company’s U.S. The Company expects to substantially complete this plan by the end of the third quarter of 2024, subject to local law and consultation requirements.

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November U.S. Logistics Manager’s Index- Noteworthy Trending

Supply Chain Matters

Logistics Managers Index (LMI) that declined to contractionary level and reflecting rather noteworthy trending. The report authors indicated that this decline was the largest since the start of the ongoing logistics industry downturn that that occurred in April 2022. Supply Chain Matters highlights the published November 2023 U.S.

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U.S. Freight Logistics Industry Recession Continues with Some Hopeful Signs

Supply Chain Matters

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. The industry will likely not know the answer until 2024. remains unclear.

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This Week in Logistics News (February 10 – 16)

Logistics Viewpoints

And now on to this week’s logistics news. More recently, the massive scale of China’s solar-manufacturing operations has become an advantage, as it attracts talent, research money and ecosystems of suppliers. The bill has currently been assigned to the Arizona House Rules Committee and awaits a hearing. billion), flowers ($2.6

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Material Handling & Logistics ). Material Handling & Logistics ). 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. How the Supply Chain Crisis is Impacting Businesses and Consumers. Chain Store Age ). Chain Store Age ).

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The Autonomous Truck Revolution Is Right Around the Corner

Logistics Viewpoints

What would most revolutionize logistics over the next few years? TuSimple – a provider of autonomous freight semi-truck solutions – has said their technology will be operational by 2024. TuSimple – a provider of autonomous freight semi-truck solutions – has said their technology will be operational by 2024.

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Autonomous Truck Trends for 2022 and Beyond: Can Autonomy Safely Address the Driver Shortage?

Logistics Viewpoints

Using autonomous trucks in a truck yard comes with lower risks for a logistics service provider, shipper, or carrier. In September 2020, the company announced what they claim is the world’s first autonomous truck purchase order from Wilson Logistics. But even in 2024, these trucks will not be running across all lanes nationwide.