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

Supply Chain Matters

According to the April report commentary , the industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. Global Manufacturing Activity Levels Global manufacturing activity as depicted by the J.P. remains unclear.

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Lights out: China’s energy woes hamper supply chains

Resilinc

Mike Beckham, CEO of bottle and travel mug manufacturer Simple Modern, told the Wall Street Journal that a major Chinese supplier in Quzhou City had been forced to cut its workweek to four days and trim its electricity usage by a third. The world’s largest exporter since 2009, Chinese producers shipped $2.5

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

Supply Chain Matters

Carriers and providers experienced windfall profit levels in their ability to leverage the constant disruptions and ship deployment imbalances into skyrocketing spot rates, added services fees, surcharges or demurrage penalties. The rate was further 80 percent below the peak spot rate of $10,377 reached in September 2021.

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

Talking Logistics

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. Global trade volumes fell for the first time since 2009 by 1.7 Global trade volumes fell for the first time since 2009 by 1.7 percent from 3 percent. percent from 3 percent.

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What Should Supply Chain Management Teams Anticipate in 2023 and Beyond- Part Two

Supply Chain Matters

That will have a direct impact on the dynamics of global container shipping, airfreight and logistics networks. In line with prevailing economic forecasting, readers should anticipate continued uncertainty of global markets and the actual likelihood of various regional economic and manufacturing recession conditions in the coming year.

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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. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P.

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How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

For forwarders, just as the 2009 financial crisis ended, another crisis began. There has been a massive increase in the capacity of the global container fleet. Supply chain volatility, increased procurement vendors, agile manufacturing and an on-demand economy. Declining Freight Rates. Shippers have their own pressures.

Freight 102