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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. Contributors to Capacity and Trucker Shortage. The 2014 winter weather triggered a trucking capacity problem. In the past, according to Perry, trucking capacity has been somewhat consistently maintained at about 90%.

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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.

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Global Shipping Trends: What to Expect in 2017

TMC

While these financial pressures have been ongoing since 2009 due to several factors, overcapacity was certainly one of the most prevalent. Ocean carriers continue to see their average operating margin dip below zero as rates fell to their lowest levels since 2009. Over Capacity and Vessel Scrapping. 2017 Projections.

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

Supply Chain Matters

Container Shipping Industry The quarterly performance of ocean container shipping lines continue to reflect decreased volumes and significantly reduced profitability levels amid this industry’s reported 30 percent reduction in scheduled route capacity. The two U.S. percent this year. Earlier this month, A.P.

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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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The State of LTL Shipping in Light of YRC Freight Bankruptcy

TransAudit

LTL, or Less-Than-Truckload shipping, represents the transport of freight that doesn’t require an entire truck’s space. The repercussions are profound, with the LTL shipping sector being notably impacted. Financial Restructuring Attempts Yellow was compelled to opt for wage concessions and debt-for-equity swaps in 2009.

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Lights out: China’s energy woes hamper supply chains

Resilinc

Some rate increases have been allowed in the last weeks, but it’s unclear how much generation capacity can be increased given the coal shortages. The world’s largest exporter since 2009, Chinese producers shipped $2.5 Energy price increases and shortages are affecting other countries too, including the UK, Europe, and India.