America Cargo Freight Procurement Analytics 
Logistics Viewpoints
FEBRUARY 2, 2024
Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. The money is coming through the U.S.
Logistics Viewpoints
FEBRUARY 9, 2024
In many of these incidents, homeowners were reported to have mistaken delivery drivers for intruders due to their cars being unmarked. The industry added jobs at a time when logistics companies have been coping with a faltering freight market for the past 20 months. Bank Freight Payment Index. Bureau of Labor Statistics.
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ToolsGroup
APRIL 1, 2022
82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Material Handling & Logistics ). Chain Store Age ).
Freightos
NOVEMBER 11, 2021
More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight.
Enterra Insights
MARCH 4, 2021
For example, Kate Migon, Head of New Mobility Solutions, Americas, at Gemalto, asserts “it’s time for cities to reclaim their streets” and “close parts of our cities to cars and reverse decades of prioritizing drivability over mobility.”[1] ” One big stakeholder group she left out is logistics providers.
Logistics Viewpoints
MARCH 3, 2023
According to a recent report, the company canceled, closed, or delayed 99 fulfillment facilities, impacting nearly 32.3 This July, the company is moving forward with a supply chain services platform for retail partners across North America. million square feet of active or planned ground-level space in 30 states.
Supply Chain Matters
JULY 26, 2023
This contract is characterized as the single largest private-sector collective bargaining agreement in North America. That compares to a reported starting rate of $15.50 All existing delivery vehicles will be equipped with two fans and air induction vents in cargo compartments. more per hour in 2023, and $7.50
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