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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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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 (May 27-31, 2013)

Talking Logistics

Department of Transportation Releases Policy on Automated Vehicle Development. Trucks Transported 60% of U.S.-NAFTA On the 3PL front, Greenbriar Equity Group LLC acquired Transplace from an affiliate of CI Capital Partners, who together with Transplace’s management team bought the company from its original owners in 2009.

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What is the Hyperconnected Era & “The Internet Of Things” and What does it Have to Do with Manufacturing & Logistics?

GlobalTranz

As supply chain and transportation visibility is a hot topic for Logistics Managers and Directors, 3rd party logistics providers , who adopt this type of technology, are surely to reap the rewards of highly satisfied customers. ” Ashton added that IoT had grown a lot since 2009, but he claimed it has still has much further to go.

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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

Increased Shipping Costs, Delays, and Transportation Issues. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. The auto industry makes up less than 9% of chip demand by revenue, and that figure is expected to increase by 10% per year until 2025.