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October 2023 Freight Market Update

Trinity Logistics

shows the steady decline in import volume that began in August of 2022, and those volumes have remained lower when you compare them year-over-year (YoY) for most of 2023. Comparing this year’s volume to 2021 and even 2022 is somewhat an “apples to oranges” comparison because of the frenzied consumer activity.

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What’s On Tap for Ocean Shipping in 2023?

Now, That's Logistics

These and other positive trends may prove beneficial for shippers as we head into 2023, while lower demand and stabilizing freight rates are likely to have an opposite effect on ocean carriers. It should come as no surprise that the container industry experienced its most profitable years in history during the 2021-22 timeframe.

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Delivery and Supply Chain Trends to Expect in 2023

ShipLilly

For example, inflation erodes away about 8.5%. Alignable released a report indicating that up to 59% of small retailers could shut down in 2023 due to these challenges. For example, businesses must aim for more creativity and agility in operations and their supply chains. While inflation averaged 1.2% in 2020, it jumped to 4.7%

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Three 2023 transportation trends

Logistics Business Magazine

The big question for transportation professionals as we head into the new year is what does 2023 have in store? However, this will go a step further in 2023. One example is multi-shoring. The post Three 2023 transportation trends appeared first on Logistics Business® Magazine. From resilience to optionality.

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Higher Interest Rates Unlikely to Dent Warehouse Demand in 2023

ShipLilly

Meanwhile, storage rates are soaring and expected to remain high during 2023. These are key components of the market health and were, therefore, closely watched, if only for what they portended for 2023. Considered a giant in the real estate services sector, CBRE anticipates that rents will rise by about 12% to 15% in 2023.

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Six Contract Logistics Trends to Watch in 2023

Now, That's Logistics

in 2021 and that the sector will post a compound annual growth rate (CAGR) of almost 5% over the next four years. billion in 2021 and that it’s expected to reach $505.3 One example of this is DB Schenker’s new site in Prague next year. The post Six Contract Logistics Trends to Watch in 2023 appeared first on DB Schenker.

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A First-Timer’s Guide to KataCon

The Lean Thinker

The 2023 Toyota Kata Summit, aka “KataCon9” is coming up fast – officially 14 and 15 March, with a extra breakout sessions on “Day 0” on Monday March 13th. Also the evening of the 13th is the Kata Geek Meetup, a less formal series of short presentations and discussion. And that community remains.