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Stord Opens Warehouse in Las Vegas, Adding Supply Chain Capacity Ahead of Busy Holiday Season

Stord

The 177,238-square-foot facility will serve Stord customers in the Southwest and across Northern California and is set to bring hundreds of jobs to Nevada over the coming years. "We Our Las Vegas facility will add much-needed warehouse capacity heading into what is widely expected to be the biggest e-commerce season ever.

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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. Freight Rates Reach Six Year Low Milestone first appeared on The Ferrari Consulting and Research Group / Supply Chain Management. percentage points below the February value of 54.7,

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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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Freight Volume Rebounds to Pre-Pandemic Levels

Zipline Logistics

As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Most states across the US have opened for business in some capacity. Th ese conditions have caused a more favorable freight environment. Regional Freight Volume Update ? . Zipline operates with a unique?

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November U.S. Logistics Manager’s Index- Noteworthy Trending

Supply Chain Matters

which is attributable to Q4 holiday sales and the subsequent dips in Warehousing Capacity (+3.6) and Transportation Capacity (+5.2) The canal disruption is further noted as having more freight being routed to U.S. The reported November value of 49.4 declined a significant 7.1 percentage points from that of October.

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

Supply Chain Matters

percentage points In May, noted as an indication that shippers are consuming even less of available capacity than the month earlier. Noted was that one of the busiest times in freight logistics, the seasonal back-to-school retail stocking period, likely did not materialize. The reported May value of 47.3