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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.

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Autonomous Driving and Logistics: The Effects

20Cube Logistics

Machines that can drive themselves are soon to become a reality in sea, land and air cargo delivery. It will probably change the processes currently associated with warehousing, supply chain management and several other critical features of logistics. Cargo Ships. Fork Lifts .

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New Year, New Horizons: Transportation Industry Gets Ready to Take On 2023

Intelligent Audit

As the transportation industry waves goodbye (and good riddance) to 2022, innovative logistics professionals are already working hard to make 2023 a banner year for the global transportation industry. As ocean rates continue to plummet, shippers are increasingly diverting freight from air cargo lines to more affordable ocean transportation.

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Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

We now add highlights of March and Q1-2022 key global transportation and logistics indices. Global and Domestic Transportation and Logistics Indices. In February, a new Stage I Measure was introduced, which tracks that average period from cargo ready to origin port departure. US Logistics Index. Global Shipping.

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This Week in Logistics News (February 10 – 16)

Logistics Viewpoints

And now on to this week’s logistics news. It marks the latest step in Mayor Eric Adams’ “Blue Highways” plan to shift more of the city’s freight off the streets and onto the rivers and harbors. The bill has currently been assigned to the Arizona House Rules Committee and awaits a hearing. billion), flowers ($2.6

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

ToolsGroup

Material Handling & Logistics ). Material Handling & Logistics ). 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. Chain Store Age ).

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How to Figure Out Cost of Freight To …

Freight Center

We aren’t fortune tellers at FreightCenter, but we have been in the logistics business long enough to predict what you’re about to ask: H ow much is the cost of freight to (insert destination) ? We’ll break it down and give you an idea of what’s involved in calculating freight cost wherever you’re shipping.