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This Week in Logistics News (August 26 – September 1)

Logistics Viewpoints

The number of package flights operated by FedEx Express and UPS significantly declined month over month in July, underscoring how far the overall air cargo market has sunk since the spring of 2022 and the effect of efficiency initiatives the companies have undertaken in response to lower express volumes. Downing St.

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Rates Rise Unexpectedly in Early August

DAT Solutions

Those lanes are associated with retail, and the cargo may include last-minute merchandise for the back-to-school season. NOT SO HOT – The Denver market is always a tough place to find a load, and outbound rates dropped even further there last week. down 7¢ to 94¢ per mile.

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Here's How Hurricanes Irma and Harvey Have Affected Van Freight

DAT Solutions

That doesn’t mean that everything is the same as before – some cargo is not moving at all, and other types of freight are moving in higher volume because of pent-up demand. Of course, this was all before Hurricane Irma struck Florida. Denver to Houston also dropped 31¢ to $1.35 per mile.