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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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Evidence Mounts of Non Peak Holiday Season in Transportation and Logistics

Supply Chain Matters

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. Last week we cited a report by The Wall Street Journal indicating that the CEO of the globe’s largest freight forwarder, Kuehne + Nagel , indicated that “ There’s no peak season to be expected in 2023.”

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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. That compares to $9,279.46 per 40-foot container reported at the end of February. This index stood at $9,304 at the end of 2021.

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This Week in Logistics News (April 17 – 23)

Logistics Viewpoints

TuSimple plans driverless truck tests in Arizona later this year. In total, the company will source enough renewable energy in Europe to power the equivalent of more than two million homes a year. As of June 2020, Amazon sourced about 42 percent of its global energy needs from renewables. CN offers $33.7

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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. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times.

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California's Weather Impacts Truckload Capacity

DAT Solutions

The central valley of California has been called "the nation's bread basket," as a wide variety of fruit, vegetables, nuts, rice and dairy products are shipped to all corners of North America. In Yuma, Arizona, which is adjacent to the Ontario market, leafy greens have been plagued with mildew problems, which has reduced yields.

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The Definitive Guide on Produce Season Transportation Impacts

Zipline Logistics

Produce season transportation can have an impact on your freight, even if you do not ship grains, fruits, or vegetables. And if most of your production happens in FL, you may choose to divert sourcing to your secondary facility, say in New Jersey, during heavy produce shipping season months to avoid the heightened costs.