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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. percent year-on-year decline in cargo revenues in 2023 to $1.5bn.

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Logistics Report: Forecasting More Shipping Delays; Cargo Swamps Airports; Alibaba’s Shifting Compet ition

Operations and Supply Chain Management

Forecasting Shipping Delays; Cargo Swamps Airports; Alibaba’s Challenge. Freight heavyweight J.B. Hunt’s third-quarter earnings signal a strong market for freight operators, but increasingly restrained economic forecasts suggest clouds on the horizon. View in web browser ›. By Paul Page. Advertisement. Splash 247).

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Navigating Ongoing International Transportation Capacity Challenges

Talking Logistics

International transportation is dealing with ongoing challenges of tighter capacity. From import space and export space tightening up and a hot drayage market causing capacity constraints to volatile air freight rates – international transportation has had its share of challenges the last 10-12 months. Soaring Air Freight Rates.

Capacity 101
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Increased Demand and Reduced Capacity Prove a Challenge for Air Freight Market

CH Robinson Transportfolio

After an extremely volatile first half of the year, the challenges in the air freight market look set to continue into 2021, requiring both foresight and forward planning from businesses. A turbulent six months for air freight. This caused an overheated market, with the price of air freight increasing by as much as 400%.

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This Week in Logistics News (January 14 – 20)

Logistics Viewpoints

According to a company blog post, Amazon will also now provide sellers with an estimated capacity limit “for the following two months to help sellers plan over a longer time horizon.” Lastly, sellers can also now request more capacity, by providing a reservation fee per cubic foot that they are willing to pay.

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The Importance of Transportation Visibility

Logistics Viewpoints

I am working on my latest Transportation Execution and Visibility Systems study, which looks at the total size of the market, the forecasted growth through 2025, and the leading suppliers across a number of categories including industry, region, customer size, and mode. It is a lot harder for many companies to find capacity on boats.

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7 Ways to Reduce Your Road Freight Costs

Logistics Bureau

How can I reduce my freight costs? Related articles on this topic have appeared throughout our website, check them out: The Challenge of Freight Container Utilisation and Why it Matters. Container Freight Costs and Forecasting: Intrinsically Linked & Frustratingly Challenging. 3 Tips for Cargo Theft Prevention.