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U.S. Freight Rates Reach Six Year Low Milestone

Supply Chain Matters

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. The sub-index index Transportation Utilization of 50 was noted as indicating no upward movement for the first time in 2023. percentage points below the February value of 54.7, Separate U.S.

Freight 52
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Evidence Mounts of Non Peak Holiday Season in Transportation and Logistics

Supply Chain Matters

Supply Chain Matters highlights additional developments, evidence and added signs that reinforce that there will be no peak holiday focused surge in transportation and logistics in the latter half of 2023. 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.

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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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Global Supply Chain Volatility Continues to Moderate But Not Inventory and Warehousing Costs

Supply Chain Matters

This index compiles 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. Interestingly, Transportation Utilization is the outlier here, as both utilization metrics in the index were up significantly in September. ”. up from an August reading of 59.7.

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The Pain of Picking the Wrong 3PL with Esther Kestenbaum Prozan

The Logistics of Logistics

Picking the wrong the 3PL to manage transportation and logistics is a big hassle, but picking the wrong 3PL to manage your direct-to-consumer (DTC) shipments is a disaster. A 3PL that manages your DTC shipments has your inventory in their building and in their control. Locations across the U.S. Esther Kestenbaum Prozan LinkedIn.

3PL 218
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November U.S. Logistics Manager’s Index- Noteworthy Trending

Supply Chain Matters

The report specifically indicates : “ November’s dip was largely triggered by a decline in Inventory Levels (-9.1) and Transportation Capacity (+5.2) and Transportation Utilization (-10.7). The authors added: “ Essentially, November’s decline seems to have come because firms are selling off inventories quickly.

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Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

We now add highlights of March and Q1-2022 key global transportation and logistics indices. Global and Domestic Transportation and Logistics Indices. Trucking disruptions in these areas threaten the flow of inbound and outbound inventory. . Global Shipping. That compares to $9,279.46 US Logistics Index.