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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. Freight rate reportedly fell 37 percent. The LMI has now declined 6.7

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November U.S. Logistics Manager’s Index- Noteworthy Trending

Supply Chain Matters

The canal disruption is further noted as having more freight being routed to U.S. Global Production Stabilization In our recently published monthly summary of November’s global PMI reporting , our research arm noted that with one month remaining, the year 2023 will likely be depicted as one of global manufacturing recessionary conditions.

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This Week in Logistics News (February 10 – 16)

Logistics Viewpoints

More recently, the massive scale of China’s solar-manufacturing operations has become an advantage, as it attracts talent, research money and ecosystems of suppliers. is trying to build its own solar-manufacturing supply chain almost from scratch and supporting the effort with sizable subsidies.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Raw Material Shortages Are Affecting a Challenged Supply Chain.

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The Autonomous Truck Revolution Is Right Around the Corner

Logistics Viewpoints

TuSimple – a provider of autonomous freight semi-truck solutions – has said their technology will be operational by 2024. Currently, TuSimple is being tested across Arizona, New Mexico, and Texas; all states where snow and heavy fog – difficult edge cases – are less common. Will it take decades?

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Autonomous Truck Trends for 2022 and Beyond: Can Autonomy Safely Address the Driver Shortage?

Logistics Viewpoints

When it comes to the movement of freight, one megatrend driving the need for better technology is the driver shortage. TuSimple – a provider of autonomous freight semi-truck solutions – has said their technology will be operational by 2024. TuSimple is offering freight as a service to shippers and carriers.