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This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Cargo ships lost 661 containers at sea in 2022, down from the 15-year average of 1,566 lost per year, according to the latest figures from the World Shipping Council (WSC). Colorado also adopted the rule but will have a heavy duty truck provision begin in 2027.

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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, logistics and parcel movement industry. percent drop in cargo volumes.

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Moving On.

Cathy Roberson

This Saturday, Chris and I are heading to Colorado Springs for SMC3’s Connections 2024 Conference. The weekly Freight Forward LinkedIn newsletter will continue as well as the weekly updates. If you no longer wish to receive posts from me, go ahead and unsubscribe here on Substack. Upcoming That’s about it for now.

Denver 62
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Hurricane season 2024: how to prepare your supply chain

Resilinc

Colorado State University (CSU) forecasts 23 storms, 11 hurricanes, and 5 major hurricanes—the highest prediction they have ever issued. Flooded or closed roadways, bridges, and overpasses can delay freight, rail, and even air cargo. For example, during Hurricane Harvey in 2017, the total trucking freight load fell by 10%.

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Hanjin, Hurricanes, Harvests May Boost Truckload Rates

DAT Solutions

The ocean freight industry suddenly lost one of the top ten players when Hanjin Shipping Co. Hanjin's exit strands 89 ships worldwide containing some $14 billion worth of cargo, much of which was headed to the U.S. That means higher volumes, and likely higher freight rates, just when weather starts to turn ugly.

Idaho 70
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Uber Freight: Another “Uber-for-Trucking”?

Freightos

Uber Freight: Another “Uber-for-Trucking”? After news broke last month that Uber was unleashing a trucking offering, it came as no surprise when it launched Uber Freight , an online trucking marketplace for US LTL. Load-matching technology (even the Uber For Freight model) isn’t new. That’s a lot of freight. Cargo Chief.

Freight 120
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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.