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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, logistics and parcel movement industry. The LMI has now declined 6.7

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This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Cargo ships lost 661 containers at sea in 2022, down from the 15-year average of 1,566 lost per year, according to the latest figures from the World Shipping Council (WSC). Some major ocean carriers have also announced new fees for goods shipped on the route as of June 1 in response to the canal restrictions.

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

Supply Chain Matters

In this Supply Chain Matters posting we highlight published September 2022 indices of global supply chain volatility ( GSPI ) and US Logistics Index ( LMI ) activity trends along with our view of the implications. In a prior Supply Chain Matters posting, we highlighted both September and Q3-2022 global and regional PMI indices.

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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. Last week we cited a report by The Wall Street Journal indicating that the CEO of the globe’s largest freight forwarder, Kuehne + Nagel , indicated that “ There’s no peak season to be expected in 2023.”

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Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

The Supply Chain Matters blog highlights an added dimension to our monthly summary of global supply chain activity trending and implications. In a prior published commentary, we provided highlights of March and Q1-2022 global production indices along with their implications. Global and Domestic Transportation and Logistics Indices.

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This Week In Supply Chain Management Tech April 4 2023

Supply Chain Matters

Added funding will reportedly support global wide business growth along with added technology development. Accenture Acquires Global Logistics Consulting Firm Flo Group Global based consulting and other services firm Accenture has reportedly acquired European based global logistics consulting services firm Flo Group.

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Uber Freight: Another “Uber-for-Trucking”?

Freightos

Uber Freight: Another “Uber-for-Trucking”? After news broke last month that Uber was unleashing a trucking offering, it came as no surprise when it launched Uber Freight , an online trucking marketplace for US LTL. Load-matching technology (even the Uber For Freight model) isn’t new. That’s a lot of freight. Established.

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