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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.

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Supply Chains in Recovery Mode: Forcing C-Level Focus on Digitally Transforming Their Supply Chains for 2022 and Beyond

BlueYonder

Those logistics professionals who went through the ‘90s remember the period that warehouse automation was trending at the forefront of capital investment in supply chains. Transport costs are soaring to ridiculous levels, especially for those shippers that did not have an organized procurement strategy for freight movement.

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Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

To coordinate, contracts can be made with direct links in the supply chain, but how can organizations coordinate with the suppliers’ suppliers or the customers’ customers? However, commonly used KPIs used by supply chain executives are usually focused on logistics performance (e.g.,

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Covid-19’s Impact on the Supply Chain Crisis. Supply Chain Brain ).

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Changing Developments in North America Transportation and Logistics

Supply Chain Matters

Last week The Wall Street Journal reported ( Paid subscription ) that Stefan Paul, the CEO of the globe’s largest freight forwarder, Kuehne + Nagel , indicated that “ There’s no peak season to be expected in 2023. ” © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

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7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

At the same time, though, supply chain costs rose by more than $75 million. Supply Chain Cost Reduction Challenges: When the supply chain executive team began investigating the rising costs and supply chain performance issues, they found that service was indeed falling short of expectations.