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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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Supply Chain Matters COVID-19 and Ukraine Conflict News Capsule Update- October 25 2022

Supply Chain Matters

Reportedly, the queue of container vessels waiting to unload at the Ports of Los Angeles and Long Beach was just four vessels last week, compared to over 100 ships in January. It is becoming clearer that supply chain procurement and logistics teams elected to route import shipments thru either U.S. West Coast port operators.

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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. The July PMI report further pointed to current inventory levels being at their lowest point in the history of this index, and based on July data, is still an ongoing process.

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Upstream and Downstream Supply Chain Explained: Don’t Get Caught Without a Paddle

ShipBob

The upstream supply chain refers to the flow of inventory in the pre-production stage, mostly in relation to the organization’s suppliers. Major ports such as the ones in Los Angeles and Long Beach consistently saw massive congestion since they experienced staffing issues. Let’s get into it. What is the upstream supply chain?

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Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

Supply Chain Matters highlights the increasing realities of declining global trade and freight rates that are occurring in the first-half of 2023. That index now stands at $1898 as of this week, with the Drewy WCI Shanghai to Los Angeles sub-index reported at $1959. Earlier this month, the forecast was revised to an expected 2.5

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Will the Inflation Reduction Act Reduce Supply Chain Costs?

Intelligent Audit

As shippers drew down existing inventories, replenishment became necessary to quickly satisfy consumers’ spending habits. This, along with container shortages, drove up ocean freight spot rates and caused sporadic export delays. Over 100 ships waited to unload containers in December at Los Angeles and Long Beach, the U.S.

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Understanding the Shipping Container Shortage!

Supply Chain Game Changer

We’ve interviewed executives in Retail , Public Sector , Procurement and other industries and disciplines to get a sense of how the industry is reacting, not only to navigate the immediate challenges, but to future proof themselves from future disruption. Ports in Los Angeles and Long Beach, as well as in Europe and other global locations.

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