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Q3 2021 Trucking Trends and Freight Market Update

Zipline Logistics

This recent trend also comes as Independence Day inches closer, and more drivers are pulled off the road to spend the holiday at home. Retail restocks are a current culprit of increased volume, as are sources of direct consumer spending. Retail Inventory Restocks Buoying Freight Market. increase from the previous period.

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Supply Chain Matters COVID-19 and Ukraine Conflict News Capsule Update- October 25 2022

Supply Chain Matters

Corresponding signs that there will likely be no traditional peak shipping season this year were reinforced by a Bloomberg published report declaring that these trends spell the end of the shipping boom. Import volume for Los Angeles and Long Beach ports reportedly declined 18 percent in September, the lowest level since September 2020.

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Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

That index now stands at $1898 as of this week, with the Drewy WCI Shanghai to Los Angeles sub-index reported at $1959. Vincent Clerc, the new incoming CEO of Maersk indicated to Bloomberg: “ The world is facing a significant inventory adjustment after a period where demand has been absolutely exceptional.

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Warehousing News Roundup: April 8, 2019

Stord

The e-commerce giant’s new 855,000-square-foot fulfillment center in Staten Island is 20% smaller than its usual facilities, but handles 50% more inventory than a traditional warehouse because of design choices and its use of automation. This number fell by 5.4% compared to March of last year, and is down 3.2% Any big stories we missed?

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Evidence Mounts of Non Peak Holiday Season in Transportation and Logistics

Supply Chain Matters

The July PMI report further pointed to current inventory levels being at their lowest point in the history of this index, and based on July data, is still an ongoing process. Maersk indicated that retailers continue to pare excess inventories in a destocking effort that is expected to continue through the second-half of this year.

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Mexico Back in the Supply Chain Spotlight

Talking Logistics

A lot of companies set up operations and sourced from Mexico back in the 90s, then the focus shifted to China and other Asian countries, and now Mexico is back in the spotlight. We’ve seen, for example, instability in ocean freight, cost, and issues with [Los Angeles] ports in past years. Luckily for Mexico, the U.S.

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

Supply Chain Matters

According to the April report commentary , the industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. Spot rates for the Shanghai to Los Angeles shipping lane segment reportedly averaged $1823. percent this year.