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U.S. Freight Rates Reach Six Year Low Milestone

Supply Chain Matters

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. The sub-index index Transportation Utilization of 50 was noted as indicating no upward movement for the first time in 2023. percentage points below the February value of 54.7, Separate U.S.

Freight 52
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The $4,000 Transportation Question

Talking Logistics

Editor’s Note: Today’s post is part of a new series we’re launching called “Practitioner Perspectives” — commentaries written by supply chain and logistics practitioners from manufacturing and retail companies who want to share their insights and advice on industry trends and topics. The $4,000 Transportation Question.

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Evidence Mounts of Non Peak Holiday Season in Transportation and Logistics

Supply Chain Matters

Supply Chain Matters highlights additional developments, evidence and added signs that reinforce that there will be no peak holiday focused surge in transportation and logistics in the latter half of 2023. While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost.

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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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Driver Shortage, Driverless Vehicles, and Other Supply Chain Curiosities

Logistics Viewpoints

There will still be a workforce needed to maintain those driverless vehicles or costs associated with maintenance done by the manufacturer or a 3rd party. As a Senior Director at Open Sky Group, Byron’s focus is building and growing the Transportation Management practice. In a tight market, it never hurts to shop your contracts.

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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. Similarly, factories in areas of Shanghai , Shenzhen and Jalin provinces have had to restrict workers to manufacturing campuses in order to maintain operations. Global Shipping.

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U.S. Logistics Manager’s Index Drops to an All Time Low in May

Supply Chain Matters

Transportation utilization reportedly dipped a hefty 9.5 Consequently, transportation prices reportedly declined 8.9 Consequently, transportation prices reportedly declined 8.9 Noted was that one of the busiest times in freight logistics, the seasonal back-to-school retail stocking period, likely did not materialize.