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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 rate reportedly fell 37 percent. The LMI has now declined 6.7

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The State of Holiday Shipping & Learnings for Next Peak Season

Intelligent Audit

Air freight Is Rising. Air freight rates have been a major story throughout 2021. kg, according to the Freightos Air Freight Index. Most importantly, the air freight index runs approximately one week behind, so the real impact of the Christmas Week Showdown—the immediate days leading up to the holiday, is still unavailable.

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Hurricane Harvey - Effects, Forecasts, and Operational Best Practices

Elementum

Harvey is not the first lethal and damaging flood to hit Houston: Tropical Storm Allison in 2001 killed 41 and caused $9 billion in damage, as well as flooding in 2016 that shut down the city for days. Houston’s expansive sprawl lacks drainage systems and has ample bodies of water that are easily exacerbated by heavy rains.

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Winning Supply Chain Procurement Strategies for 2022

Ware2Go

The 2021 holiday shopping season was characterized by high freight rates, elevated lead times , and over-crowded warehouses. Many merchants were concerned about having enough inventory to meet demand, and consumers wondered if they would be able to secure holiday gifts for loved ones. Big Picture Thinking.

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The Story Continues…. Let’s Don’t Sugar Coat the Real Issue

Supply Chain Shaman

The people on the ground–my contacts in the 3PL, freight forwarding and transportation industry–know that the labor strife is only a part of the larger story. The flows assume that transportation can move without an interruption. Uncategorized cargo global trade inventory ports supply chain visibility'

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Expert Research, What Happened with IMO 2020 Fuel Prices?

Freight Plus

Now some of this is certainly attributable to lower volumes of freight coming out of China related to the timing of Lunar New Year and, of course, Coronavirus-which continues to remain a significant issue and is not only driving down exports from China but also driving down imports to China. IF380 in Houston, TX is at $375/MT. .

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Expert Research, What Happened with IMO 2020 Fuel Prices?

Freight Plus

Now some of this is certainly attributable to lower volumes of freight coming out of China related to the timing of Lunar New Year and, of course, Coronavirus-which continues to remain a significant issue and is not only driving down exports from China but also driving down imports to China. IF380 in Houston, TX is at $375/MT. .