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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. households across six states – Arizona, Arkansas, Florida, Texas, Utah and Virginia.

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The Impending Ocean Carrier War on Last Mile Fulfillment

Freightos

Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. For a forwarder, refraining from working with Maersk today is expensive because it removes 17% of global shipping capacity. Accelerating the shift. Image via StarAir.dk). of the U.S.

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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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This Week in Logistics News (February 12 – 18)

Logistics Viewpoints

Autonomous vehicles continue to evolve with improved technology making autonomous supply chains closer to reality. Three former SpaceX engineers have founded Parallel Systems , a firm specializing in autonomous battery-powered electric rail vehicles for shipping and freight.

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With New Year Underway, Key Players Look Back On 2022

Intelligent Audit

Despite having navigated tense contractor conflicts in 2022, 2023 and its volume shortage are sure to bring new challenges to the parcel delivery giant, as Supply Chain Dive reports: “ …the company has shifted into a cost-cutting mode to shield itself from macroeconomic pressures as it waits for volumes to recover. ”.

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Hanjin, Hurricanes, Harvests May Boost Truckload Rates

DAT Solutions

Capacity finds those opportunities, and throughout 2016, spot markets have restored 'normalcy' without generating the ripple effects that typically drive contract rates higher. If capacity isn’t nourished, it can disappear. The ocean freight industry suddenly lost one of the top ten players when Hanjin Shipping Co.

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Outbound Tender Rejections Increase for the First Time Since March Peak

Zipline Logistics

Currently, this has not made a substantial impact on the freight market, but we are seeing signs that the industry is beginning to recover. Additionally, according to Freight Waves, “outbound tender rejections have increased week-over-week for the first time since the OTRI peaked at 19.25% on March 28.”. Midwest Logistics.