Remove 2009 Remove Capacity Remove Logistics Remove Shipping
article thumbnail

Where have all the Truckers Gone? 10 Strategies for Shippers to Fight the Capacity and Trucker Shortage

GlobalTranz

Transportation capacity problems have been a volatile issue over the past twenty years or so. A thorough analysis provided by the Council of Supply Chain Management Professionals , (CSCMP) in its “ State of Logistics ” report, indicates that by 2017, shippers in the U.S. Contributors to Capacity and Trucker Shortage.

article thumbnail

Red Sea and Suez Canal Shipping Crisis Update

Freightos

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue.

Shipping 306
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. The firm’s Maersk Line container shipping business unit reported net profit of $2.3

article thumbnail

Global Shipping Trends: What to Expect in 2017

TMC

The global logistics industry was dealt a year full of surprises in 2016, and with that came challenges. While these financial pressures have been ongoing since 2009 due to several factors, overcapacity was certainly one of the most prevalent. Over Capacity and Vessel Scrapping. 2017 Projections. Carrier Consolidation.

Trends 48
article thumbnail

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

Talking Logistics

It was a relatively quiet week for supply chain and logistics news, with robots and weak freight demand dominating the headlines. 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. percent from 3 percent. percent from 3 percent.

article thumbnail

Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part Four

Supply Chain Matters

In this update, we focus on our fifth prediction which is focused on global transportation and logistics services sectors. 2023 Prediction Five: Global Wide Transportation, Logistics and Brokerage Services Sectors Will Face a Challenging Year With Significant Consequences. Prediction Background.

article thumbnail

Ocean Freight Procurement and Going with the Stream

Freightos

Not that long ago, they were the only way people listened to music, peaking at 23 million units sold in Q1 2009. There’s one group of people who know the answer better than anyone – the logistics providers and BCOs who literally spend their lives on tenders. Remember iPods? Six years later, that number had dropped to zero.