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October 31, 2023 Update

Freightos

On the industry level, overcapacity is estimated to peak next year, after which some carriers expect the market to balance out , while some analysts expect the market to be in some state of oversupply through 2028. In air cargo, there are signs that global volumes are increasing. Freightos Air Index China – N. Asia – N.

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This Week in Logistics News (September 16 – 22)

Logistics Viewpoints

Cargo volumes at the Port of Los Angeles rose 3 percent year-over-year to 828,016 TEUs in August, marking the first increase in 13 months, port officials said. And with no holiday surcharges, we are strongly positioned to be America’s most affordable delivery provider this holiday season.”

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Responding to the 2023 IMO GHG Strategy

The Logistics & Supply Chain Management Society

This means that further consideration will be required when the Strategy is next revised by the IMO in 2028. The levels of reduction associated with the 2030 and 2040 indicative checkpoints do still not align the sector with a pathway that limits global warming to 1.5°C. Leverage circular economy principles as a driver for systemic change.

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June 21, 2023 Update

Freightos

The tentative agreement that will head through a ratification process over the next couple months reportedly includes a $70 million bonus and a gradual 32% wage increase for union members through 2028. Freight news travels faster than cargo Get industry-leading insights in your inbox. kg and are 39% lower than last June.

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This Week In Supply Chain Management Tech- June 14 2022

Supply Chain Matters

According to a published report from the Japan Times , Panasonic Holdings announced that its battery manufacturing unit plans to quadruple production of electric vehicle batteries by fiscal 2028 amid increasing demand from U.S. auto makers including Tesla.

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USPS, Under Pressure, Upgrades EV Plan

Multichannel Merchant

For starters, the USPS will increase the quantity of so-called Next Generation Delivery Vehicles (NGDV) to a minimum of 60,000, of which at least 75% or 45,000 will be battery powered, by 2028. billion will now be allocated for USPS delivery vehicle purchase between now and 2028. Thereafter, purchases will be 100% electric.

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Pharmaceutical Shipping: Tips to Lower Transport Spend

Intelligent Audit

As ebbing restrictions and country lockdowns impact international air travel, significantly fewer flights can transport pharmaceuticals with the available cargo space. billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 11.34% from 2021 to 2028.”