Remove Colorado Remove Freight Remove Sourcing Remove Warehousing
article thumbnail

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

Supply Chain Matters

The Logistics Managers Index ReportĀ® , 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,

article thumbnail

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,

Freight 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. In the past we would expect to see transportation and warehousing ramping up hiring in late summer ahead of peak season. ā€ warehouse workers in June of 2022. There were 1.96

article thumbnail

June 2023 US Logistics Managers Index Drops to a Revised Low

Supply Chain Matters

Consequently, the warehousing capacity metric increased a reported 6.8 Further, the added evidence of increased warehouse capacity levels will have an effect on previously rather high levels of warehouse contracting and leasing rates. Logistics Managers Index (LMI) that again dropped to an all-time low for June 2023.

article thumbnail

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.ā€. Noted was that the category of Warehousing Utilization grew at rate of 70.9, warehouses. .

article thumbnail

U.S. Logistics Managerā€™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 weekā€™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.

article thumbnail

This Week In Supply Chain Management Tech April 4 2023

Supply Chain Matters

Founded in 2002 with over 100 consultants and based in Boulder, Colorado , Spinnaker SCA designs and builds agile supply chains for leading brands across Consumer Staples, High Tech, Industrial Manufacturing, Retail & Apparel, Medical Devices, and Distribution Industries. No financial details were disclosed in the announcement.