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Air Cargo is Gaining Momentum in 2023

American Global Logistics

Air freight has evolved dramatically, especially after the pandemic. As we navigate the third quarter of 2023, it's time to examine air cargo's role in global commerce. Since then, air freight has adapted to various market demands and technological advancements. In 2020, the global air cargo market was worth an estimated $287.4

Cargo 52
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The Cost of Backhauls

Operations and Supply Chain Management

STATE OF FREIGHT. · 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. · The road freight industry has a big problem. The road freight industry has a big problem. And there’s no easy fix in sight.

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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. At the end of 2021, ocean freight rates were more than three times what they were throughout 2020. IATA data shows global demand for air cargo markets jumped 3.7% Wall Street Journal ). Bloomberg).

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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. Take a look at some of the specifics of the Freight Forecast and how shippers may adapt to the coming increases. Vitals of the Freight Forecast. Some of the highlights of the Freight Forecast include a dramatic increase of 28.6 percent by 2026. percent by 2026.

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Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

A growing global warehouse capacity crunch. For instance, the hangover from the pandemic, which has not yet permitted ocean freight from China to return to anything like normal service, is a problem that continued COVID outbreaks and associated port closures are exacerbating. Warehouse Capacity Under Pressure.