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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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Top 10 Logistics Companies in India!

Supply Chain Game Changer

Featuring Our Top 16 Articles on Freight and Logistics! In fact, experts predict that by 2025, the industry will be 380 billion US dollars. The company was founded in 2009, and since then, has been providing integrated logistics solutions across its vast global network that connects more than a hundred countries. Subscribe Here!

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This Week in Logistics News (April 22 – 28)

Logistics Viewpoints

US homes 8 retailers keeping Earth Day alive through a commitment to sustainability Ground parcel delivery costs reached a record high in Q1, although pricing discounts from carriers softened the blow, according to the TD Cowen/AFS Freight Index. The portion of the index tracking ground parcel rates per package in Q1 was 29.5 percent for Q4.

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

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. As some component lead times push into 2023, the shortage is expected to last 24 months before it recedes – similar to the chip shortage of 2008-2009. Deloitte Global). AlixPartners). higher than 2020.