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Transportation Trends: What’s Going on in the Trucking Industry?

PINC

Coming into 2019, issues like the tariff wars, driver shortage, and rising freight rates were high on transportation managers’ radar screens. Freight rates have leveled off (and even retreated, in some cases). Reefer freight rates continue to drop, with a current national average of $2.14 economy expanded by 2.1%

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This Week in Logistics News (August 26 – September 1)

Logistics Viewpoints

Global trade has eased as warehouse inventories of retailers and manufacturers remain elevated,” Port of Los Angeles Executive Director Gene Seroka said. The Port of Los Angeles, which is vying with the Port Authority of New York and New Jersey to be the nation’s busiest facility, saw a 25.8% Last July, the port processed 935,423 TEUs.

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Next-Gen Supply Chain Management

Talking Logistics

First, being able to manage inventory much more efficiently because it all can be seen, down to the individual SKU-level. The net result of a more reliable, predictable supply chain relates directly to the ability to reduce safety stock and overall inventory. Two significant benefits stem from this.