Freightos
OCTOBER 31, 2023
This relative stability shows carriers are having some success creating a new price floor through capacity reductions even as volumes ease and fleet sizes grow. West Coast rates of $1,564/FEU are 15% higher than 2019 levels while prices of $2,213/FEU to the East Coast are 17% lower than in 2019.
Logistics Viewpoints
SEPTEMBER 22, 2023
With this contract in effect through 2028, you can continue to count on our longshore workers and terminal operators to keep cargo moving through the nation’s busiest port,” Seroka said. At full capacity, the company said, the factory will employ 500 human workers in Salem. They will work alongside the bipedal humanoid Digit robots.
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Supply Chain Matters
NOVEMBER 14, 2023
The move will reportedly increase existing hourly wage rates 25 percent by 2028. All three reportedly represent one-third of global ocean container capacity. Hyundai Motor America announced this week that the automaker will raise certain U.S. production worker hourly wages starting in January 2024.
Supply Chain Collaborator
AUGUST 9, 2017
per year on average through 2023, according to the organization’s just-released Freight Transportation Forecast, 2017-2028.” While this is a positive harbinger for business overall, it suggests tighter capacity and a rising freight rate environment as demand for transportation outstrips supply. this year and then 3.4%
Intelligent Audit
JANUARY 5, 2022
As many companies push for this change and commitment to a business, it leaves less capacity for typical pharmaceutical chains—especially pharmaceutical companies that do business in the last mile of residential delivery. billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 11.34% from 2021 to 2028.”
Freightos
JUNE 21, 2023
The tentative agreement that will head through a ratification process over the next couple months reportedly includes a $70 million bonus and a gradual 32% wage increase for union members through 2028. Freightos Air Index rate data show that China – N. Europe prices dipped 3% over the last month to $3.18/kg
Locus Robotics
JULY 26, 2021
By 2028, it is expected that there will be a 6 million worker deficit* in the U.S. Increase work capacity of existing workforce. The bots utilize optimized order processing methods that lead to a decrease in walking time and increase in worker capacity. alone, making it challenging for warehouses to meet high consumer demands.
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