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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. percent drop in cargo volumes.

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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

Part of this decrease may be attributed to temporary declining freight volumes as regions in Asia continue to deal with COVID-19 related suspensions of production, shipping or transport operations. In February, a new Stage I Measure was introduced, which tracks that average period from cargo ready to origin port departure.

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This Week in Logistics News (February 10 – 16)

Logistics Viewpoints

More recently, the massive scale of China’s solar-manufacturing operations has become an advantage, as it attracts talent, research money and ecosystems of suppliers. is trying to build its own solar-manufacturing supply chain almost from scratch and supporting the effort with sizable subsidies.

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

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Raw Material Shortages Are Affecting a Challenged Supply Chain.

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Autonomous Truck Trends for 2022 and Beyond: Can Autonomy Safely Address the Driver Shortage?

Logistics Viewpoints

When it comes to the movement of freight, one megatrend driving the need for better technology is the driver shortage. This means moving the cargo twice as far and twice as fast. TuSimple – a provider of autonomous freight semi-truck solutions – has said their technology will be operational by 2024. Will it take decades?

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Q3 2020 Freight Rates and Logistics Market Update

Zipline Logistics

However, the freight market, and the domestic economy, rebounded from April lows much quicker than anticipated over the last month. During the last few weeks, outbound tender volumes, a useful measurement of freight in the market, have soared. But there are a few trends that are currently affecting the freight. Rates rose 10.1

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