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

Logistics Viewpoints

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. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure. The money is coming through the U.S.

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High freight costs for importers means higher price tags for consumers

Freightos

A Freightos survey of 300+ companies sheds light on how importers have been navigating supply chain disruptions. You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. What’s changed in a year? Let’s talk numbers.

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Logistics & Supply Chain Management Society (LSCMS), Supply and Distribution Group Launches Global Logistics Service Provider Benchmarking Index

The Logistics & Supply Chain Management Society

Singapore 12th August 2021: Recognising the heightened focus on overall supply chain performance due to increased disruption and challenges, shippers, manufacturers and beneficial cargo owners (BCO’s), are increasingly faced with soaring freights rates and what they, correctly or otherwise, perceive to be sub-standard or inferior service.

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Peak Shipping Season Update: What’s Driving Change in the Industry?

GlobalTranz

A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Higher freight volumes. Download the Report: 2021 Peak Shipping Season Survey.

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COVID’s Supply Chain Ripples: the SME Business Perspective

Freightos

This article provides an overview, based on a survey of over 1,200 small businesses, of how small and midsize businesses have weathered the storm, and how a changing – and potentially recessionary – market is impacting their outlook. Take Conner, the manufacturer of FORT, a magnetic pillow fort.

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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. percent drop in cargo volumes.

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Coronavirus and the Trade War: A Perfect Storm Argument for SMB Supply Chain Diversification

Freightos

Recent developments in freight digitization are simplifying the shipping process and giving visibility to freight pricing enabling small players to handle the logistics side of their business more easily, transparently and efficiently. million freight containers each year. That digital reach extended to importing as well.