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GlobalTranz And Echo Global Logistics Both Report 40% Fourth Quarter Revenue Growth

Logistics Viewpoints

GlobalTranz, a logistics service provider, put out a press release on February 23rd where they mentioned that they had achieved 40% growth in revenue, fourth quarter of 2020 compared to the fourth quarter of 2019. GlobalTranz’s main service lines are freight brokerage – less-than-truckload and truckload – and managed transportation services.

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Emerging Supply Chain Trends – A Look at Evolving Finished Vehicle Logistics Amid Market Shifts and Trends

The Logistics & Supply Chain Management Society

Major Trends: Volatile Production, Capacity Crisis & The Need for EV Automotive manufacturing is experiencing a huge global transformation compared to the past. 2023 Outlook for Vehicle Exports and Global Ocean Freight With COVID-19 regulations relaxing worldwide, both car production and the consumer demand for new vehicles is surging.

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What’s Next for a Bubbling Freight Market?

Zipline Logistics

Despite a pandemic that has disrupted many parts of the global supply chain, the freight market has been on a recent tear. Current outbound tender volume is up 34 percent over 2019 and 38 percent over 2018 in year-over-year comparisons. What’s Causing Upward Freight Market Trends? What Is Next for the Freight Market? .

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Freight Volume Rebounds to Pre-Pandemic Levels

Zipline Logistics

As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Th ese conditions have caused a more favorable freight environment. Volume increases started mid-last week and have steadily climbed since then, exceeding 2019 levels. Regional Freight Volume Update ? .

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This Week in Logistics News (August 6 – 12)

Logistics Viewpoints

In August 2019, a typical pre-pandemic month, Americans spent $500 million on grocery delivery. For comparison, they spent $3.4 The companies did not disclose the terms of the deal. Grocery delivery saw tremendous growth during the first year of the pandemic. By June 2020, it had ballooned to a $3.4 billion business.

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Q4 2020 Freight Market Update: Preparing for 2020 Peak Season

Zipline Logistics

The past three quarters have been anything but typical for the freight market and the domestic economy at-large. The arrival of COVID-19 sent freight volumes skyrocketing to keep up with panic buying at retailers nationwide. Following the short downturn , the freight market began a rapid recovery that has yet to cool off fully.

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Market Update - Week of August 17, 2020

Freight Plus

We are moving into the traditional peak season for ocean freight as retailers ramp up for holidays. This is a general outlook for manufacturing, and anything above 50 indicates expansion and growth. . In terms of cost, the ocean freight market continues its historic climb. Air freight remains incredibly challenging.