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This Week in Logistics News (May 21 – 27)

Logistics Viewpoints

North American Transborder Freight up 23.8% The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. The excess capacity includes warehouses in New York, New Jersey, Southern California and Atlanta, according to an article in Bloomberg.com that referenced anonymous sources.

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“True Greenfield” – Answering the Distribution Service Time Challenge 

Logility

Inbound sourcing costs and constraints need to be part of the objective function. The solution should account for actual location variable costs such as labor, real estate, taxes, and other geographical factors. This candidate list is used to fully analyze a real network based on real locations, with real addresses.

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The State of the Trucking Market in 2021

GlobalTranz

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Limited available real estate has further led to challenges as construction came to a halt in the past year.?

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Flexport Acquires Convoy’s Core Technology

Supply Chain Matters

After reports last week indicating that Seattle based digital freight start-up services provider Convoy was preparing for a possible sale or winding down of business operations there are indications that freight logistics platform provider Flexport will be the acquirer of Convoy’s underlying technology.

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Mexico sees solid manufacturing growth, courtesy of nearshoring

Resilinc

market and secure redundant sources of supply. As Resilinc blog readers know, the imperative to develop multiple supply sources arose from the unprecedented disruptions and delays of the last two and a half years. Mexico is seeing strong growth in manufacturing. Due to strong U.S. factory and its relationships with Chinese factories.”.

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Reports Indicate Walmart Cutting Salary Staff

Supply Chain Matters

Informed sources have indicated to two media outlets that these rounds of cuts amount to upwards of 200 people and involve areas of merchandising, global technology and real estate. At the time, Bloomberg cited sources indicating that U.S. business unit. Walmart’s U.S.

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June 2023 US Logistics Managers Index Drops to a Revised Low

Supply Chain Matters

This week, global real estate services firm Cushman & Wakefield released its Q2-2023 industrial real estate report which was headlined with industrial vacancy rates increasing by 60 basis points to 4.1 Surge or seasonal capacity is usually pegged to spot rates based on available capacity.