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This Week in Logistics News (May 21 – 27)

Logistics Viewpoints

North American Transborder Freight up 23.8% Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. billion of freight, up 15.7% billion of freight, up 20.9%

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Federal Reserve GSPI Index Drops Significantly in April

Supply Chain Matters

The Supply Chain Matters blog highlights a further negative drop in the New York Federal Reserve’s Global Supply Chain Pressures Index ( GSPI ). This index compiles 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. reported for February.

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Will the Economy Make this a Christ-‘meh’ Season?

Enterra Insights

.”[1] Journalist Paul Berger reports that supply chain indicators confirm this holiday season’s sales could be mediocre. Journalist Nora Colomer reports, “Credit card balances grew the fastest among Gen Z cardholders in the second quarter of 2023, according to a recent TransUnion survey.

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Black Friday 2022

Enterra Insights

Business reporter Jordyn Holman ( @JordynJournals ) explains, “In 2020, it was pandemic closures and social distancing. They conclude, “This means that, even as the internet and smartphones have revolutionized the way we shop, the seasonal timing of our purchases hasn’t changed much.” Now, the problem is demand.

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Your Expert Guide to Inventory Audits: Best Practices & Tips 

ShipBob

Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand.

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This Week in Logistics News (November 27 – December 1, 2017)

Talking Logistics

Logility Acquires Halo Business Intelligence to Expand Advanced Analytics. Descartes Reports Fiscal 2018 Third Quarter Financial Results. Kane Is Able Purchases Vintners Logistics. Albertsons teams with Instacart to offer one-hour delivery (Supermarket News). and Two Important Questions About the Future of Freight Moves.

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New Year, New Horizons: Transportation Industry Gets Ready to Take On 2023

Intelligent Audit

As FreightWaves reports, “UPS has informed its managers not to schedule any paid time off during July and August in case parcels are required to be moved.”. To help shippers save on costs in an increasingly expensive reverse logistics marketplace, FedEx has announced plans to launch a consolidated returns service.