Now, That's Logistics

JANUARY 26, 2023

It says demand for foreign goods proved “resilient” throughout 2022, with trade volumes increasing by 3%. The “Supply-Chain Law” went into effect on January 1, 2023, and applies to companies with at least 3,000 employees—a number that will be lowered to 1,000 workers in 2024.

Trends 60

Trends Supply Chain Planning Software Supply Chain Software Supply Chains 60

Penske Move Ahead

MAY 20, 2024

Now in its fifth year, the State of Sustainable Fleets 2024 Market Brief sheds light on an industry meeting the moment of an active transition. Renewable diesel (RD) consumption increased by 68% in 2023 compared to 2022, with most consumption occurring where favorable carbon credit markets ensured price parity with diesel.

Availability 26

Availability Price Reduction Sourcing Strategies Cost Reduction 26

MTS Logistics

MARCH 22, 2024

Last Thursday, Hapag-Lloyd announced that it is once again expecting a drop in revenue for 2024’s earnings, a trend that follows the company’s financial results from last year. Earnings from 2022-2023 were reported to be 48% lower. In the company’s annual reports for 2022, Hapag-Lloyd posted earnings of 17.04 a share.

Cost Reduction 88

Cost Reduction Price Reduction Disposal Freight forwarding 88

Logistics Business Magazine

JUNE 7, 2022

Sales of autonomous mobile robots and driverless lift trucks are taking off but the game-changing intralogistics technologies we will see at IMHX 2022 go much further than the simple replacement of man by machine, says event director, Rob Fisher. million robots will be deployed in warehouses around the world before the end of 2024.

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Logistics Business Magazine

NOVEMBER 8, 2023

Global supply chains have largely recovered from the shocks experienced by the onset of the Russia-Ukraine war, with industries such as energy and food witnessing price and supply shortages ease significantly compared to the highs of 2022. Metal prices are forecast to fall by 8% in 2023 and a further 3% in 2024.

Supply Chains 68

Supply Chains Food and Agriculture Price Reduction Cost Reduction 68

Trinity Logistics

SEPTEMBER 18, 2023

It’s expected that muted consumer activity will continue through the first half of the calendar year 2024. Combined with declines seen on the industrial production and manufacturing side, the hope for a rebound in freight volumes will not take place in 2023. Stay Up To dAte Looking for a more frequent update?

Freight 108

Freight Manufacturing Procurement Purchasing Skills Capacity 108

Logistics Viewpoints

JANUARY 10, 2024

Often times at Logistics Viewpoints, we like to look to the future and highlight the key trends that we see in a given market, or make predictions about what technologies will emerge as game changers in the new year. As we turn the page on 2022 , I’d like to make five supply chain predictions about what to expect for 2023.

Supply Chain Planning Software 148

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 148

Logistics Viewpoints

MAY 24, 2024

The new gauges can be joined with the bank’s monthly Global Supply Chain Pressures Index “to compare trends in the U.S last month, the largest increase since March 2022, after an upwardly revised 0.6% In the 12 months through April, import prices accelerated 1.1%, the largest gain since December 2022. Treasury Secretary Janet L.

Supply Chain Design Software 135

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Trinity Logistics

JULY 19, 2023

Flatbeds continue to see rejection rates almost three times what vans and reefers are experiencing, but the trend has been slightly downward over the past two months. Remember, this industry is a three-legged stool, and everyone benefits when things are in balance. Stay Up To dAte Looking for a more frequent update?

Freight 90

Freight Compliance Capacity Logistics Network Optimization Software 90

MTS Logistics

JUNE 3, 2024

Peter Sand, Xeneta’s Chief Analyst, noted significant and rapid rate hikes throughout May, with further escalation expected: “By June 1st, spot rates will reach levels not observed since 2022, during the height of Covid-19 disruptions in ocean freight supply chains,” Sand said.

Freight 77

Freight Scenario Planning Supply Chains Freight forwarding 77

Freightos

MARCH 23, 2023

Ocean freight maven Lars Jensen of Vespucci Maritime encouraged attendees not to fear: He sees the last years as remarkable, but also views the current ocean environment as quite normal in that recognizable ocean freight market dynamics are back to determining the market’s trends. More (too much?) Tech to save the day?

Price Reduction 62

Price Reduction Inventory Reduction Industry Cost Reduction 62

Trinity Logistics

JULY 19, 2023

Flatbeds continue to see rejection rates almost three times what vans and reefers are experiencing, but the trend has been slightly downward over the past two months. Remember, this industry is a three-legged stool, and everyone benefits when things are in balance. Stay Up To dAte Looking for a more frequent update?

Freight 83

Freight Compliance Capacity Logistics Network Optimization Software 83

Trinity Logistics

JANUARY 13, 2023

This upward trend will be short-lived and expect rates below $2.00 Contract rates will also trend downward, finding a floor most likely in the middle part of the year. Even though 2022’s growth was not as robust as the prior year, the U.S. 2022 saw a return of spending on services versus goods. Figure 1.1. Figure 2.1.

Freight 62

Freight Manufacturing Procurement Trends Purchasing Skills 62

MTS Logistics

MAY 22, 2023

Due to freight rates skyrocketing in 2020-2021 and in the beginning of 2022, Asian polymers have been dropping in price to be able to compete with the other regions of the world. 2021 and 2022 was not the best time for Chinese producers, due to them not being able to compete with U.S. On the contrary to the U.S.,

Sourcing 82

Sourcing Freight Factories Scenario Planning 82

Logistics Viewpoints

JANUARY 5, 2024

Later this month the nominees will be announced for the 2024 Oscars. A rule regulating emissions at Southern California warehouses , which the state’s trucking industry viewed as akin to a zero-emission vehicle (ZEV) mandate, has been upheld by a federal district court. Since late 2022, however, the trend shifted.

Logistics Network Optimization Software 131

Logistics Network Optimization Software Logistics Purchasing Skills Procurement Analytics 131

Trinity Logistics

DECEMBER 15, 2023

This is in stark contrast to 2021 and most of 2022 when carriers and brokers were keenly focused on existing customers and not as aggressive in pursuing new business relationships. Most likely, we’ll see this scenario play out as we head toward the latter part of 2024. Will it happen tomorrow? Six months from now?

Freight 94

Freight Scenario Planning Networks Supply Chains 94

Logistics Business Magazine

SEPTEMBER 28, 2022

The new IAA TRANSPORTATION concept has provided answers to the many challenges that the industry is now facing throughout the world. It became clear in Hanover that: our industry is delivering what is needed for a sustainable future.”. IAA TRANSPORTATION shines out through its Internationality. Visitors came from 72 countries.

Transportation 60

Transportation Modeling Software Presentation Logistics Network Optimization Software 60

Logistics Viewpoints

DECEMBER 3, 2021

Driver shortage is a top grocery challenge for 2022. Mexico to reinstate temporary tariffs on steel imports in 2022. Overall, industrial rents in the third quarter were up 7.1 According to Chris Spear, president and CEO of the American Trucking Associations (ATA), the trucking industry is currently short 80,000 drivers.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Logistics Trucking Procurement Analytics 115

WorkWave

MAY 24, 2024

Private equity firms are showing an invested interest in field service industries like lawn care, pest control, cleaning and other sectors, while M&A activity is skyrocketing across these industries at the same time. Then, it’s important to stay informed about acquisition news through reputable industry publications.

Negotiating Skills 98

Negotiating Skills Buyer Training Purchasing Skills Modeling Software 98

MTS Logistics

APRIL 11, 2022

The launch of Maersk Air Cargo comes at a time when the air cargo industry is facing significant challenges. We have seen the same trend developing for other huge companies like Amazon, Home Depot, Walmart, and others, who have decided to take on a bigger chunk of the entire supply chain themselves post-Covid.

Cargo 77

Cargo Supply Chains Logistics Network Optimization Software Strategy 77

Penske Move Ahead

OCTOBER 3, 2023

Supply and Demand In 2022, supply and demand rebalanced across all modes of transit, which has continued throughout 2023. Looking ahead, Brogan foresees a 50-50 chance of capacity tightening throughout 2024. “I trillion in 2022, representing 9.1% year over year to $217 billion in 2022. of the national GDP.

Logistics Network Optimization Software 58

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Logistics Viewpoints

JUNE 30, 2023

This will certainly be an interesting trend to watch. The home improvement retailer expects to complete the effort in fiscal year 2024. Broken out by industry, retail trade had the highest count of positive tests for all drugs—not just marijuana—in 2022 with 7.7 And now on to this week’s logistics news. percent in 2018.

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Now, That's Logistics

NOVEMBER 29, 2022

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. After two years of pandemic-driven turmoil, the ocean shipping environment began moving in a more “normalized” direction about midway through 2022.

Price Reduction 60

Price Reduction Factories Cost Reduction Freight 60

Log-hub

JANUARY 10, 2023

By the FM Global Resilience Index for 2022 (based on the economy, risk quality, and the supply chain) Denmark is the absolute leader with an index of 100, and 69.1 The sixth place belongs to the US (95) with the Supply Chain Management Services reaching $10,2bn in 2022. So, don’t allow yourself to be excluded from the trends!

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

ShipLilly

DECEMBER 7, 2022

For a long time, industry experts and observers suggested that e-Commerce was the next big thing and that it’s here to stay. Counting the cost of a trend that never really took off. Aviation was the potential beneficiary of any trend towards online shopping. The current signs are not encouraging for freight industry investors.

Purchasing Skills 52

Purchasing Skills Procurement Analytics Trends Manufacturing Procurement 52

ShipLilly

MARCH 1, 2023

Jensen does not expect the 2021-2022 boom to be repeated soon. The conundrum of price wars and blank sailings The 2 nd quarter of 2020 was crucial in these trends because the Covid-19 lockdowns peaked in Europe and the USA. An order book in flux During the pre-pandemic era, there had been a trend for under-ordering vessels.

Negotiating Skills 75

Negotiating Skills Price Reduction Cost Reduction Capacity 75

Logistics Viewpoints

NOVEMBER 18, 2022

So, what does the 2022 Thanksgiving holiday look like? The new drone, dubbed MK30, will go into service in 2024 and replace the existing MK27-2, the model that will be used to make deliveries in Lockeford, California, and College Station, Texas, this year. This is our last weekly news roundup before for the Thanksgiving holiday.

Negotiating Skills 121

Negotiating Skills Logistics Network Optimization Software Buyer Training Modeling Software 121

FreightWaves SONAR

JULY 10, 2023

The loss of predictability The domestic freight market was relatively stable after the Great Recession, which trended right in line with economic growth. That pattern changed in 2016 as the industrial economy hit a stumbling block after the oil markets collapsed but the economy.

Freight 52

Freight Capacity Outbound Supply Chains 52

Locus

DECEMBER 29, 2021

As we are beckoned into 2022, customers are getting their shopping lists ready. Artificial intelligence (AI) continues to be one of the biggest trends in the logistics industry. In fact, by the year 2024, more than half of global interactions with computers will be through AI-generated speech.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 52

EazyStock

APRIL 18, 2023

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. Inflation Inflation has been increasing for the past few years, hitting record levels in 2022. In 2022, inflation rates peaked at 9.1% In 2022, inflation rates peaked at 9.1%

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

Odyssey Logistics

SEPTEMBER 7, 2018

On September 5th 2018, an International Longshoreman’s Association (ILA) union release stated that all 59 locals “unanimously” approved a contract extension through 2024 after months of on-again, off-again negotiations. Continue Reading.

Logistics Network Optimization Software 20

Logistics Network Optimization Software Logistics Trends Industry 20

Logistics Bureau

JANUARY 30, 2023

A Rallying Cry for Intergovernmental Cooperation Yoon Suk Yeol delivered his message to stir enthusiasm among global leaders for improved intergovernmental collaboration to counter the growing trend in deglobalisation. In the seafood industry, the death throes of just-in-time are being openly discussed as fact. But with U.S./China

Supply Chain Planning Software 93

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Automotive Logistics

JULY 17, 2018

vehicles to the US last year, an increase of 8.1%, despite its light vehicle assembly dropping by 400,000 units to 2m with no sign of a recovery through to 2024. We’ve seen growth in auto exports to China and we hope that trend will continue.” mark until 2022, while light vehicle assembly gradually increases from the 11.2m

Negotiating Skills 28

Negotiating Skills Logistics Network Optimization Software Negotiate Pricing Handling 28