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Global Supply Chain Volatility Continues to Moderate But Not Inventory and Warehousing Costs

Supply Chain Matters

The Logistics Managers Index ReportĀ® , compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP) , reported a September value of 61.4,

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June 2023 US Logistics Managers Index Drops to a Revised Low

Supply Chain Matters

Consequently, the warehousing capacity metric increased a reported 6.8 percentage points In May, noted as an indication that shippers are consuming even less of available capacity than the month earlier. Surge or seasonal capacity is usually pegged to spot rates based on available capacity. The June value of 45.6

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Supply Chain Volatility Indexes Moderate in February

Supply Chain Matters

A further significant change noted was Warehousing Capacity moving back into expansion levels by 10.2 percentage points in February, a sign of prior capacity constraints. That stated, Warehousing Prices and Inventory Costs remain expanding at accelerated rates and the authors caution: ā€œ.it The chairperson of the U.S.

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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. In the past we would expect to see transportation and warehousing ramping up hiring in late summer ahead of peak season. ā€ warehouse workers in June of 2022. The July value of 45.4 declined 0.2

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U.S. Freight Rates Reach Six Year Low Milestone

Supply Chain Matters

Panelists reportedly pointed to a more pessimistic outlook for transportation utilization for the remainder of this year From our lens, the picture of the report is that not only is an overall contraction of freight demand, but continued high inventory and warehouse capacity utilization is leading to increased inventory storage costs.

Freight 52
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Two Indices of Supply Chain Activity Noting Supply Chain Volatility Trending

Supply Chain Matters

The Logistics Managers Index Report Ā®, compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP) , reported an April 2022 value of 69.7

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U.S. Logistics Managerā€™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. The reported May value of 47.3 compared to the April value of 50.9, and was noted as a ā€œ new all-time low and for the first time in its 6.5-year year history it has moved into contraction territory.ā€