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

Supply Chain Matters

Spot rates for the Shanghai to Los Angeles shipping lane segment reportedly averaged $1823. Reportedly as of February, 12,000 FedEx positions were eliminated including a 10 percent reduction in corporate staff and the established goal is to save $4 billion in costs in fiscal 2025, and a cumulative $6 billion in costs by 2027.

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Mastering Last Mile Logistics Remains a Challenge

Enterra Insights

Petersen ( @IMSResultsCount ), CEO of Integrated Marketing Solutions, notes that mastering last mile logistics is particularly important for any company whose primary source of revenue is a subscription model. “The ‘last mile’ to your door is paved with gold in terms of future ecommerce potential,” he writes.

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This Week in Logistics News (April 22 – 28)

Logistics Viewpoints

tractor fleet and sourcing 100 percent renewable energy by 2030, according to the press release. British supermarkets source peppers exclusively from Spain during the winter months. The Port of Los Angeles processed 623,233 20-foot-equivalent containers, down 35 percent from last year’s 958,674. percent by 2030.

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

ToolsGroup

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. 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. Consultancy UK).

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How Arena Helps Nascent UAM Industry Take Flight

Arena Solutions

In 1962, who would’ve thought the animators from Hanna-Barbera Cartoons in Los Angeles were already experimenting with urban air mobility (UAM)? Ann noted, “We can manage product complexity by providing one accurate source of product information for the entire product team, including your global supply chain. Resources.

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This Week in Logistics News (April 10 – 16)

Logistics Viewpoints

Los Angeles-based startup URB-E is looking at ways to move goods at a lower price point in crowded cities. The company has announced that by 2025 it will source 100 percent of its fresh produce and floral from suppliers that adopt integrated pest management practices.

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Climate Change: Companies Must Step-up as Governments Fail to Act

Enterra Insights

From wildfires in Greece and Hawaii to the tropical storm that dumped a record amount of rainfall on Los Angeles, extreme climate-related events have filled the headlines. Corporations need to understand climate conditions in locations where their raw resources are sourced. ” That is a consumer base too large to ignore.