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This Week in Logistics News (May 21 – 27)

Logistics Viewpoints

Amazon Aims to Sublet, End Warehouse Leases as Online Sales Cool. North American Transborder Freight up 23.8% The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. The US Department of Transportation reported that transborder freight between the U.S. and 8:00 p.m.,

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Freight Volume Rebounds to Pre-Pandemic Levels

Zipline Logistics

As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Even New York has taken steps to reopen portions of the state that have been less affected by the virus than N YC. . Th ese conditions have caused a more favorable freight environment.

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Logistics Market Stays Flat as May Begins

Zipline Logistics

To effectively track each state’s progress in reopening and how freight is impacted, we will publish a market update for the coming weeks as the country eases out of lockdowns. . Increases in volumes started climbing this week steadily but still down 10-15% year-over-year according to Freight Waves’ Sonar indexes. .

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Outbound Tender Rejections Increase for the First Time Since March Peak

Zipline Logistics

This increase is a result of many states loosening or completely lifting virus guidelines for businesses. Currently, this has not made a substantial impact on the freight market, but we are seeing signs that the industry is beginning to recover. Warehouses in New York and New Jersey are reopening in the next 30 days.

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Why investors are looking at supply chain technologies in 2020

Requis

A company we’ve been working with has just landed Walmart, who wants to make sure that its 40,000 suppliers are following the guidelines.”. He continues, “We’re also big on warehouse and process automation in the supply chain space, focused on reducing the number of human,paper and software interactions to complete tasks.