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Evidence Mounts of Non Peak Holiday Season in Transportation and Logistics

Supply Chain Matters

Supply Chain Matters highlights additional developments, evidence and added signs that reinforce that there will be no peak holiday focused surge in transportation and logistics in the latter half of 2023. In the past we would expect to see transportation and warehousing ramping up hiring in late summer ahead of peak season. ”

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Driver Shortage, Driverless Vehicles, and Other Supply Chain Curiosities

Logistics Viewpoints

There will still be a workforce needed to maintain those driverless vehicles or costs associated with maintenance done by the manufacturer or a 3rd party. Capturing it, cleaning it, screening it and analyzing it to determine better routes, better prices, and better sources is foundational to smart logistics operations.

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

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Intel ).

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This Week in Logistics News (January 7 – 13)

Logistics Viewpoints

He has lost approximately $182 billion since November 2021, as estimated by Forbes, although other sources suggest that it could actually be closer to $200 billion. Frozen dairy manufacturers reduce packaging footprint. Elon Musk has officially broken the world record for the largest loss of personal fortune in history.

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Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

We now add highlights of March and Q1-2022 key global transportation and logistics indices. Global and Domestic Transportation and Logistics Indices. Similarly, factories in areas of Shanghai , Shenzhen and Jalin provinces have had to restrict workers to manufacturing campuses in order to maintain operations. Global Shipping.

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U.S. Freight Rates Reach Six Year Low Milestone

Supply Chain Matters

The sub-index index Transportation Utilization of 50 was noted as indicating no upward movement for the first time in 2023. That is not good for retailers and manufacturers, each under the looking glass to reduce not only transportation but also inventory carrying costs. percentage points below the February value of 54.7,

Freight 52
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June 2023 US Logistics Managers Index Drops to a Revised Low

Supply Chain Matters

Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation. Transportation utilization reportedly dipped a hefty 9.5 Consequently, transportation prices reportedly declined 8.9 Logistics Managers Index (LMI) that again dropped to an all-time low for June 2023.