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Penske-Sponsored State of Sustainable Fleets 2024 Market Brief is Now Available

Penske Move Ahead

It was released today on day one of the Advanced Clean Transportation (ACT) Expo in Las Vegas, and is available to download at no cost by clicking here. 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.

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August 23, 2023 Update

Freightos

Blog " * " indicates required fields Email * More Resources Home August 23, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

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December 19, 2023 Update

Freightos

More Resources Home December 19, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 3% to $2.22/kg.

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Analysis: Today’s Global Economy vs. Global Container Shipping

MTS Logistics

The global GDP growth rate for 2023 is expected to be at 2.9%, a 0.18% expected decline from 2022. According to a recent article, Maersk Line is expecting container volumes to drop by 4% in 2023 globally, while their previous forecast was 2.5%. For example: The global GDP growth rate for 2021 was 6.02%, a 9.1% increase from 2020.

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Global Trade Trends for 2023

Now, That's Logistics

It also says that geopolitical frictions, persisting inflation and lower global demand may negatively affect global trade in 2023. 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.

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Penske-Sponsored State of Sustainable Fleets 2024 Market Brief is Now Available

Penske Move Ahead

It was released today on day one of the Advanced Clean Transportation (ACT) Expo in Las Vegas, and is available to download at no cost by clicking here. 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.

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Supply Chain Trends to Watch for 2023 and Beyond

MTS Logistics

Returning to normal until the end of 2023 and beyond is not expected. Various factors will continue to influence Supply Chain Management trends in 2023 and beyond. Until first quarter of 2023, trucking costs are believed to remain stable or fall further, but this is only a forecast and subject to change.