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

Supply Chain Matters

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. The LMI has now declined 6.7

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This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Target is increasing its use of larger delivery vehicles in markets served by its sortation centers, improving capacity and creating more efficient routes, executive vice president and COO John Mulligan said on an earnings call last week. Target has been testing high-capacity van routes at Dallas and Minneapolis sortation centers.

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The Evolution of Logistics: Connectivity, Data Integration, and Virtual Design

SCMDOJO

Modeling software demonstrates different transportation setups and their effect on volume capacity and weight distribution, allowing maximum vehicle capacity use and on-time deliveries. The market for logistics robotics is predicted to reach $6 billion by 2027.

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What is Line Haul Transportation and How It is Driving Efficiency

Locus

from 2019 to 2027. Unlike local deliveries or regional transportation, the scope of line haul transportation is greater as it deals with high-volume freight carried over greater distances. Load balancing: Improving fleet utilization to their optimal capacity minimizes their required quantity, reducing the cost of transportation.

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Pet Care Brands: Choosing the Right 3PL for Retail Deliveries

Zipline Logistics

billion by 2027. . We help even multibillion-dollar companies lock in the right capacity partners to achieve the best possible freight outcomes and uncover new savings potential. . Did you know…? . The pet care industry is expected to reach $358.62 There are over 630 different pet food brands. .

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Supply Chain Matters News Capsule Update September 18 2023

Supply Chain Matters

Further reported was that Pratt had plans to add engine overhaul repair capacity to address durability issues before the severity of the specific HPT disk problem became clearer. Plans reportedly call for the facility to be operational by 2027. Specifically noted: “ We can still be a growth company even in a declining market.”

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Why Shippers Need Advanced Analytics More Than Ever

Intelligent Audit

In a time of uncertainty, carrier capacity issues, and increasing costs, it’s clear that shippers are now more than ever turning to tools to help them optimize their operations. Due to capacity constraints and other factors, the surcharges levied by national carriers have skyrocketed. Billion by 2027, growing at a CAGR of 17.9%