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U.S. Freight Rates Reach Six Year Low Milestone

Supply Chain Matters

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. Freight Rates Reach Six Year Low Milestone first appeared on The Ferrari Consulting and Research Group / Supply Chain Management. percentage points below the February value of 54.7,

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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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U.S. Logistics Manager’s Index Drops to an All Time Low in May

Supply Chain Matters

Noted was that one of the busiest times in freight logistics, the seasonal back-to-school retail stocking period, likely did not materialize. Supply Chain Matters highlights this week’s release of the U.S. Logistics Managers Index (LMI) that dropped to an all-time low for May 2023. Further reported was that volumes of 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. 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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This Week in Logistics News (December 5-9, 2016)

Talking Logistics

The sky and what’s beyond, an endless source of creativity and imagination for kids and adults alike. DAT’s Accelerated Freight Matching Launches with New Load Board App for Carriers and Paperless Onboarding Service for Brokers. R2 Freight & Logistics, Inc. One Network Delivers Real Time Value Network 17.0:

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Two Indices of Supply Chain Activity Noting Supply Chain Volatility Trending

Supply Chain Matters

The authors point to the delivery time disruptions occurring in China , an increase in air freight costs from the U.S. At this point the overall numbers suggest that the freight market is regressing back towards the mean.”. Readers can dive into the data to ascertain specific increases in volatility components.

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

Supply Chain Matters

The Logistics Managers Index Report® , 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,