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Air Cargo is Gaining Momentum in 2023

American Global Logistics

As we navigate the third quarter of 2023, it's time to examine air cargo's role in global commerce. Air cargo is now essential for global supply chains and offers many benefits for businesses worldwide. Air cargo refers to the transportation of goods via an air carrier, which may be charter or commercial. billion in 2026.

Cargo 52
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Real-Time Visibility: The Customer Has Spoken

Logistics Viewpoints

I am continuing to work on my latest Transportation Execution and Visibility Systems study, which looks at the total size of the market, the forecasted growth through 2026, and the leading suppliers across a number of categories including industry, region, customer size, and mode. These changes can add significant time to the ETA.

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The Cost of Backhauls

Operations and Supply Chain Management

· More than a fifth of the distance driven by European cargo trucks in 2021 was “deadhead mileage,” where vehicles traveled empty, often on the return leg of a journey. · · This means that trucks travel with no cargo at all for billions of miles — with a significant financial and environmental cost for shippers and carriers. ·

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

ToolsGroup

Taiwan Semiconductor Manufacturing (TSMC), the company that makes the majority of latest-generation chips for Apple products, has committed to increasing capacity by spending $100 billion across the next three years, and building new factories in Arizona and Japan. IATA data shows global demand for air cargo markets jumped 3.7%

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Last mile costs rising fast

Cathy Roberson

The 2020 holiday season was one of delivery delays and insufficient capacity for many last-mile carriers as more consumers shopped online versus in-stores. By 2026, the US domestic parcel market is expected to reach 134 million pieces, a 70% increase from 2020, according to FedEx. I wear a number of hats these days.

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This Week in Logistics News (May 28 – June 3)

Logistics Viewpoints

Existing technology for EV batteries can only create cells that last up to 20 years or around 200,000 miles before their capacity drops too low to power a vehicle. Shipping companies added capacity, but now containers are stuck in port. Cargo losses escalate as thieves target cars, electronics. Robot orders surge again in Q1.

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Strong Freight Forecast Expected Thru 2026, What It Means for Shippers & 5 Things to Get Prepared

GlobalTranz

Freight Transportation Forecast to 2026. percent by 2026. This means the increased revenue by 2026 would amount to more than five percent of the total current US National Debt. million by 2026. Drivers can’t embark on their own without their cargo, but it makes for a stressful journey. percent to 64.6