article thumbnail

U.S. Freight Rates Reach Six Year Low Milestone

Supply Chain Matters

That is not good for retailers and manufacturers, each under the looking glass to reduce not only transportation but also inventory carrying costs. 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
article thumbnail

Consumer Packaged Goods Network Optimization: The Key to Supply Chain Resiliency 

Logility

Declaring “mission accomplished” is still too premature, based on research from the Organisation for Economic Co-operation and Development. Suppose a CPG brand decides to shift its manufacturing capacity from Rhode Island to a higher-cost, yet more-sustainable, alternative in Colorado.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Supply Chain Matters

Other insights pointed out in the May LMI report are that the current rate of contraction is strongest in upstream firms, namely manufacturers, wholesalers and distributors, compared to their downstream retail industry counterparts. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

article thumbnail

November U.S. Logistics Manager’s Index- Noteworthy Trending

Supply Chain Matters

Global Production Stabilization In our recently published monthly summary of November’s global PMI reporting , our research arm noted that with one month remaining, the year 2023 will likely be depicted as one of global manufacturing recessionary conditions. That trending, along with the latest U.S. All rights reserved.

article thumbnail

This Week in Logistics News (October 24-28, 2016)

Talking Logistics

Professor Solomon’s research was a bit on the technical side, which is why he didn’t have a high profile outside of academia, but his contributions to the industry were well recognized. Moving on to this week’s supply chain and logistics news… Uber’s Otto hauls Budweiser across Colorado in self-driving truck (Reuters).

article thumbnail

June 2023 US Logistics Managers Index Drops to a Revised Low

Supply Chain Matters

Implications The June report’s narratives and implications can be viewed from two increasingly different frames of reference, one being the logistics and warehousing services industry, the other being manufacturers, retailers, wholesalers and businesses that are anchored in supply chain cost sensitivities. All rights reserved.

article thumbnail

This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Initiatives planned to reduce lost containers include the MARIN Top Tier project, which was founded in 2021 by several member lines and a range of maritime stakeholders to perform research on concrete data about the causes of containers overboard and how to prevent further incidents.