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Layoff wave hits freight sector as nearly 9,000 jobs slashed

Freight Waves

Layoffs continue to impact the freight industry as firms across the U.S. States that saw the most freight-related layoffs include Arizona, Alabama, California, Georgia, Florida, Illinois, Ohio, Tennessee and Texas. Freight-related companies in Mexico have also recently announced major workforce reductions. In the U.S.,

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This Week in Logistics News (May 21 – 27)

Logistics Viewpoints

Dick’s Sporting Goods Beats Forecast in Q1 But Cautions on Inflation, Supply Chain. North American Transborder Freight up 23.8% The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. The US Department of Transportation reported that transborder freight between the U.S.

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Air Freight Rates Peak, Ocean Rates Slowly Sink: Freight Rate Update W50

Freightos

Air Freight Rates Peak, Ocean Rates Slowly Sink: Freight Rate Update Wk 50. Early week snowstorms at major airports (like Frankfurt and Atlanta) continue to play havoc, while peak air season may extend into February. FIGURE 1: LAG ON 2016 RATES BY TRADE LANE (Source: Freightos International Freight Index).

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Modernizing MRO using AI with Paul Noble

The Logistics of Logistics

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. The result is a foundation that organizations can trust to fuel digital transformation and support supply chain maturity initiatives.

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The STORD Story with Sean Henry

The Logistics of Logistics

Sean is the Founder and CEO of STORD , the leading Cloud Supply Chain that enables companies to compete and grow with world-class logistics. Sean Henry is the Founder and CEO of STORD , the pioneer of the Cloud Supply Chain and a leader in end-to-end logistics services and technology. About Sean Henry. About STORD.

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The big picture with 3PL: Does it fit your supply chain strategy?

Logility

3PL Selection—don’t let your people be penny wise and pound foolish Are you looking at the big picture when you select a 3PL — do they fit with your supply chain strategy? 3PL selection is a supply chain decision and an optimization opportunity. Third Party Logistics providers (3PLs) are many and diverse.

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Prepare to Master Supply Chain Challenges in 2019!

Supply Chain Network

With rising customer expectations, changing business models, cut-throat competition and the influx of technologies, it’s critical that you prepare your supply chain to address challenges such as the capacity crunch, last mile strategies, balancing of costs, digital freight market opportunities and navigating the ecommerce maze.