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U.S. Freight Logistics Industry Recession Continues with Some Hopeful Signs

Supply Chain Matters

Transportation prices reportedly contracted for the tenth consecutive month, but authors pointed to a lessened rate in the April data. Spot rates for the Shanghai to Los Angeles shipping lane segment reportedly averaged $1823. The firm’s Maersk Line container shipping business unit reported net profit of $2.3 The two U.S.

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

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. 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. Increased Shipping Costs, Delays, and Transportation Issues.