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

Supply Chain Matters

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. percent drop in cargo volumes.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. At the end of 2021, ocean freight rates were more than three times what they were throughout 2020. IATA data shows global demand for air cargo markets jumped 3.7% Wall Street Journal ). Deloitte Global).

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New Year, New Horizons: Transportation Industry Gets Ready to Take On 2023

Intelligent Audit

These changes, accompanied by rate changes affecting FedEx Freight, fuel surcharges, and FedEx OneRate, come amid increased competition in the parcel logistics sector. “ These changes, accompanied by rate changes affecting FedEx Freight, fuel surcharges, and FedEx OneRate, come amid increased competition in the parcel logistics sector. “

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Air Cargo Got It Wright: 9 Incredible Air Cargo Facts

Freightos

Celebrating the anniversary of this first flight, we’re taking a look at nine most amazing things you should know about air cargo. 1 First air cargo flight: 1910. 2 Craziest air cargo market entry: DHL Express. 3 Largest air cargo plane: Antonov An-225. 5 Most Evil Genius Cargo: Lasers. Source: Imugr.

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Amazon Leasing Air Cargo Space, Delivering by Drone

Multichannel Merchant

Amazon, facing a continued slowdown in its ecommerce business and under pressure to boost flagging sales, is looking to sell excess capacity on its commercial cargo jetliners used to move goods among its network of warehouses here and in Europe, Bloomberg reports. billion, which is $48.6 billion more than in 2019.

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Autonomous Driving and Logistics: The Effects

20Cube Logistics

Machines that can drive themselves are soon to become a reality in sea, land and air cargo delivery. This shift is expected to bring about drastic changes in the logistics and freight transportation world. Cargo Ships. The automation of cargo ships will be an important advancement in long distance movement of goods.

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Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

Part of this decrease may be attributed to temporary declining freight volumes as regions in Asia continue to deal with COVID-19 related suspensions of production, shipping or transport operations. In February, a new Stage I Measure was introduced, which tracks that average period from cargo ready to origin port departure.