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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. Freight rate reportedly fell 37 percent. percent drop in cargo volumes.

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6 Emerging Trends In Supply Chain and A Deeper Look into Driverless Vehicles

GlobalTranz

Stagnation of Air Cargo and Sea Freight Rates. Air cargo rates will also remain static. However there is good news at the moment because of the drop in jet fuel costs, improving the financial performance of the air cargo companies. Managing Risk. To mitigate the risks of the supply chain, it needs to be nimble.

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This Week in Logistics News (July 25-29, 2016)

Talking Logistics

Freightos Launches First International Freight Marketplace to Power $2 Trillion Worth of U.S. In other technology news, Freightos announced “the launch of the world’s first online marketplace for international freight, providing instant comparison, booking, and management of freight services from multiple logistics providers.”

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The 2016 Techgistics Year in Review

Techgistics

7-Eleven and Google teamed up for drone deliveries from a 7-Eleven store in Nevada, Amazon delivered an order via drone in the UK , Domino’s delivered a pizza by drone in New Zealand , and JD.com delivered orders in rural China via drone. Drones for Good Like self-driving vehicles, there was plenty of press surrounding drones in 2016.

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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

Part of this decrease may be attributed to temporary declining freight volumes as regions in Asia continue to deal with COVID-19 related suspensions of production, shipping or transport operations. In February, a new Stage I Measure was introduced, which tracks that average period from cargo ready to origin port departure.

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How to Figure Out Cost of Freight To …

Freight Center

We aren’t fortune tellers at FreightCenter, but we have been in the logistics business long enough to predict what you’re about to ask: H ow much is the cost of freight to (insert destination) ? We’ll break it down and give you an idea of what’s involved in calculating freight cost wherever you’re shipping. Classification.

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This Truck Could Save the American Freight System

Elementum

We’ve talked about the truck driver shortage and its potential to disrupt domestic freight shipping: fewer people are choosing to become truck drivers, leading to a serious dip in truck capacity in only a few years. Automakers like Volvo are already testing prototypes in Nevada. A few companies have found the answer.