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This Week in Logistics News (July 4-8, 2016)

Talking Logistics

Air cargo firms feel the pressure from plunge in freight prices (Reuters). Honeywell To Acquire Intelligrated, A Leader In Supply Chain And Warehouse Automation Technologies. More data points this week confirming what we already know: demand for freight transportation is weak, which is leading carriers to cut back on capacity.

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

ToolsGroup

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. Surging natural gas prices in Europe pushed some producers to curtail aluminum production, resulting in more than 650,000 tons of lost production capacity since October 2021. Bloomberg).

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How Does the Chinese New Year Impact Rate Volatility?

CH Robinson Transportfolio

The overall effectiveness of GRIs mainly stem from carrier utilization and market capacity. Carrier utilization ran high in early 2015, and although volumes remained relatively strong year over year, the addition of capacity into the marketplace led to falling utilization levels. in 2015, accounting for the addition of 1.72