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

Logistics Viewpoints

And now on to this week’s logistics news. Teradyne , a supplier of semiconductor testing equipment, pulled manufacturing worth about $1 billion out of China last year, a Teradyne spokesperson said on Monday, after U.S. billion worth, the survey found. percent year-on-year decline in cargo revenues in 2023 to $1.5bn.

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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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This Week in Logistics News (April 1 – 7)

Logistics Viewpoints

According to the annual survey released by the National Retail Federation’s (NRF) and Prosper Insights & Analytics, consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 The survey indicates that 81 percent of Americans will celebrate the holiday and spend an average of $192.01, the highest figure on record.

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This Week in Logistics News (February 11 – 17)

Logistics Viewpoints

And now on to this week’s logistics news. Descartes Systems Group , a global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired GroundCloud, the creator of a cloud-hosted final-mile automation platform, for $138 million. The enterprises were added to a lengthy register of companies the U.S.

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The Journey to End-to-End (E2E) Supply Chain Visibility Is Ongoing

Logistics Viewpoints

A recent survey of global supply chain leaders suggests to me that the industry risks losing momentum. It means being able to see where a shipment or an order is while it’s in transit — whether on a truck, a railcar, an ocean liner or a cargo plane — anywhere in the world. Which brings us back to the work that is still ahead.

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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. Port backlogs and cargo limitations are undermining efficiency while warehouse and storage space remain challenging.

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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. However, since buying goods manufactured primarily in Asia increased so significantly, demand quickly outpaced supply. What’s changed in a year? When ocean container rates spike, so do the prices we pay. Let’s talk numbers.