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Vaccines are the Utility Needed for the Global Economy

NC State SCRC

In an article in t he Politico, the (somewhat) obvious point is made that the Biden administration is finally recognizing that there is not enough manufacturing capacity in the US to produce booster shots that will be needed to combat the new onslaught of variants coming out of Brazil, the UK, and even New York and California.

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Parcel Volumes Decline But Revenue Increases for FedEx and UPS

Intelligent Audit

Meanwhile, UPS is bringing online two automated hubs— in Pennsylvania and California—and rolling out RFID tagging for each package, automated bagging and labeling, and robotic small sort induction. In addition, many are expanding service areas. AxleHire now has last-mile operations in 16 of the top 25 metro areas in the U.S.

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Will Warehouses Eventually Go Dark?

Enterra Insights

David Sparkman, head of David Sparkman Consulting, reports, “Empty stores and shopping centers are increasingly being converted into warehouse and e-commerce distribution centers, according to the global industrial real estate firm CBRE, which examined in detail two dozen such projects ranging from southern California to Baltimore.”[2]

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Reefer rates rise as Florida hits its stride

DAT Solutions

California - Overall, California has been slower than usual, with freight volumes down about 3%, due to heavy rain. California's wet winter and spring will be a positive later in the summer, but for now it's causing a delay in spring planting and harvesting. Lakeland, FL to Baltimore surged 85¢ to $2.86/mi.

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Reefer rates hit lull between holidays

DAT Solutions

Meanwhile, meat and potato-growing regions in the Midwest saw big upticks in volumes last week, and fresh fruit and vegetables boosted load counts out of California. Twin Falls, ID, to Baltimore gained 24¢ at $3.26. Pricing a couple long-haul California lanes stalled: Ontario to Chicago , down 26¢ at $2.13.

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Florida Reefer Rates Take a Dive

DAT Solutions

Aside from Florida, the southern band of states from California eastward experienced high demand for reefers last week. In California, volume and rates revved up for reefers in Los Angeles , and prices rose for outbound reefer loads in nearby Ontario , as well as the Fresno and Sacramento markets. loads per truck. HOT MARKETS.

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Spring surge delayed again

DAT Solutions

The reefer segment is showing signs of life in California and in the border area of Nogales, AZ. California is emerging as a bright spot in spot market freight, as volume is building in the Golden State’s agricultural markets. Lakeland to Baltimore was down 20¢ to $1.68/mi. as I-70 reopened for business. Rising Rates.