Remove 2026 Remove Capacity Remove Cargo Remove Shipping
article thumbnail

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
article thumbnail

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. ·

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. Increased Shipping Costs, Delays, and Transportation Issues. Famous Pacific Shipping Group ). Wall Street Journal ). Accenture ).

article thumbnail

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. This combination resulted in higher shipping costs for retailers. Meanwhile, the US domestic B2B market will grow at a 5% CAGR through 2026.

article thumbnail

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.

article thumbnail

Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

A growing global warehouse capacity crunch. Moreover, with this year’s harvest imminent, there will be no silo capacity to store the fresh grain if diplomatic efforts to clear the backlog fail. However, emptying the contents of silos into the holds of ships is only one small part of the problem. The grain blockaded in Ukraine.

article thumbnail

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

GlobalTranz

Freight Transportation Forecast to 2026. This report, available for purchase here , poised some significant implications for the shipping, and by direct correlation, the logistics industry. percent by 2026. Now, you may be wondering how this will affect the overall revenue of the freight and shipping industry.