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

Supply Chain Matters

percent drop in cargo volumes. According to data from Bloomberg Intelligence , container trade for the Asia to North America segment fell 26 percent during Q1 of this year. Hapag-Lloyd , the fifth largest container line by capacity reported a 33 percent decline in revenues in its first quarter with a 4.9 Imports among the U.S.

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

ToolsGroup

The auto industry makes up less than 9% of chip demand by revenue, and that figure is expected to increase by 10% per year until 2025. Retailers like Amazon are chartering private cargo ships, making their own containers, and leasing planes to bypass supply chain disruptions like long wait times for dock space and workers.

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Tentative Deal Reached in UPS Labor Contract

Supply Chain Matters

This contract is characterized as the single largest private-sector collective bargaining agreement in North America. Added safety and health protections, to include vehicle air conditioning and cargo ventilation in all larger delivery vehicles, sprinter vans, and package cars purchased after Jan.