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

Supply Chain Matters

percent drop in cargo volumes. In the specific case of UPS , the carrier and logistics services provider has now been forecasting a decline in annual revenues since the recession of 2009. The April report commentary took note that European and U.S.

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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. Wall Street Journal ). Wall Street Journal ). Wall Street Journal ). Wall Street Journal ). Wall Street Journal ). Wall Street Journal ). McKinsey ).