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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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This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

The executive director of the Port of Los Angeles thinks a tentative agreement between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) on a new labor contract is imminent. It has a protocol of transit fees and weight restrictions that kick in as drought conditions worsen.

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Amazon vs. Alibaba: A Battle for Southeast Asia

Elementum

2015 was a big year in terms of logistics and globalization for Amazon, who began making their way into the shipping industry, registering in China as a freight forwarder and a shipping broker for 12 routes, including Shanghai to Los Angeles and Hamburg. Lazada now owns Redmart and Alibaba has a controlling stake in Lazada.

Asia 60
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This Week in Logistics News (April 22 – 28)

Logistics Viewpoints

US homes 8 retailers keeping Earth Day alive through a commitment to sustainability Ground parcel delivery costs reached a record high in Q1, although pricing discounts from carriers softened the blow, according to the TD Cowen/AFS Freight Index. The portion of the index tracking ground parcel rates per package in Q1 was 29.5 percent for Q4.

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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. 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. IDC via IEEE Spectrum). Wall Street Journal ). Supply Chain Brain ).

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This Week in Logistics News (September 18 – 24)

Logistics Viewpoints

McDonald’s has announced that it will offer more sustainable Happy Meal toys worldwide by the end of 2025. McDonald’s is pledging to offer Happy Meal toys made with dramatically less plastic by the end of 2025. Restaurant Brands International is not the only fast-food provider looking at sustainability initiatives this week.