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Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

Supply Chain Matters highlights the increasing realities of declining global trade and freight rates that are occurring in the first-half of 2023. The Drewy World Container Index , which stood at $9,304 per 40-foot container at the beginning of 2022, was reported as $2,120 by the end of 2002. percent decline in global trade.

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Freight Market Update and Q2 Trucking Outlook

Zipline Logistics

Following an unprecedented downturn, the freight market has posted an almost full calendar year of impressive growth spurred by demand from a few sectors of the domestic economy. The second half of the past quarter was highly atypical and posted freight volumes that vastly exceeded those generally seen during peak season.

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Trucking Market Q1 Update and 2022 Freight Outlook

Zipline Logistics

For the second consecutive four-quarter period, the freight market faced continual capacity challenges as the global supply chain wrestled with the effects of the COVID-19 outbreak. Will these forces continue to play a part in the freight market in the coming year? Consumption Drives Freight Market Growth.

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

ToolsGroup

In this blog post, we’ve compiled a list of over 100 supply chain crisis statistics to help you stay informed and build a more agile, resilient supply chain. 66% of consumers are concerned that supply chain issues will never end ( Chain Store Age ). How the Supply Chain Crisis is Impacting Businesses and Consumers.

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Why Are My Freight Rates Increasing? Retail Demand Remains Elevated

Zipline Logistics

Freight rates rose throughout 2020, and we have yet to see the trend reverse with any consistency. Consumer spending during COVID has propelled the freight market to previously unseen highs. Because of increased freight volume, CPG shippers have been subjected to tighter than typical capacity and rising freight rates.

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Q3 2020 Freight Rates and Logistics Market Update

Zipline Logistics

A lot has happened during the first two quarters of this year. However, the freight market, and the domestic economy, rebounded from April lows much quicker than anticipated over the last month. During the last few weeks, outbound tender volumes, a useful measurement of freight in the market, have soared. Rates rose 10.1

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