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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. The LMI has now declined 6.7

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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. tractor fleet and sourcing 100 percent renewable energy by 2030, according to the press release.

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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. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times.