article thumbnail

U.S. Freight Rates Reach Six Year Low Milestone

Supply Chain Matters

Supply Chain Matters provides highlights of the March Logistics Manager Index which indicates that U.S. freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. percentage points below the February value of 54.7, Separate U.S. All rights reserved.

Freight 52
article thumbnail

Lingering Port Congestion with Paul Brashier

The Logistics of Logistics

Paul Brashier is Vice President Drayage and Intermodal at ITS Logistics , a third party logistics (3PL) company that offers creative supply chain solutions with an asset-lite transportation division that ranks #21 in North America, a top-tier asset-based dedicated fleet, and a Top 12 intermodal and drayage division. The Greenscreens.ai

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

U.S. Freight Logistics Industry Recession Continues with Some Hopeful Signs

Supply Chain Matters

Supply Chain Matters highlights continued evidence that the U.S. 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. remains unclear.

article thumbnail

Stord Opens Warehouse in Las Vegas, Adding Supply Chain Capacity Ahead of Busy Holiday Season

Stord

20, 2021 -- Stord , the cloud supply chain leader, announced the opening of a new warehouse in Las Vegas. The 177,238-square-foot facility will serve Stord customers in the Southwest and across Northern California and is set to bring hundreds of jobs to Nevada over the coming years. "We ATLANTA and LAS VEGAS, NV, Oct.

article thumbnail

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.

article thumbnail

Two Indices of Supply Chain Activity Noting Supply Chain Volatility Trending

Supply Chain Matters

The Supply Chain Matters blog continues to highlight for readers specific global and regional supply chain indices that depict both trending production activity levels, as well as supply chain volatility. Newly published indices reflecting global supply chain volatility and U.S. Global Supply Chain Pressure Index.

article thumbnail

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

The Logistics of Logistics

and Canada allow DTC ecommerce brands and retailers to ship faster and reduce freight costs. Fulfillment locations include New York, California, New Jersey, Kentucky, Nevada, Canada, and the United Kingdom. Locations across the U.S. Learn More About The Pain of Picking the Wrong 3PL. Esther Kestenbaum Prozan LinkedIn.

3PL 218