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Air Cargo is Gaining Momentum in 2023

American Global Logistics

Air freight has evolved dramatically, especially after the pandemic. Since then, air freight has adapted to various market demands and technological advancements. With that, let’s start with a brief industry analysis. 2023 Air Freight Industry Analysis Air freight is a vital part of the global economy.

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

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Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

Technavio, Last Mile Delivery Market in North America by Service and Geography – Forecast and Analysis 2021-2025, Jan 2021. Billion by 2026, growing at a CAGR of 9.28% from 2019 to 2026. Localization of supply chains means connecting customers with suppliers in local areas or fulfilling orders from local sources.

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Truck Driver Shortage: Getting Better, Worse, or No Problem at All?

Talking Logistics

We experienced a ‘freight recession,’ last year, which eased the pressure on the driver market,” [ATA Chief Economist] Bob Costello said. Now that freight volumes accelerating again, we should expect to see a significant tightening of the driver market.”.

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This Week in Logistics News (February 18 – 24)

Logistics Viewpoints

The retailer plans to have at least 15 of the facilities, dubbed sortation centers, by the end of January 2026. An analysis of costs and benefits in the current hiring market is leading some warehouse operators to examine ways to increase automation, operators and executives say. The expansion will also grow Target’s workforce.