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This Week in Logistics News (June 22 – 28)

Logistics Viewpoints

The company said that it used 85,916 metric tons of single-use plastic that year, an 11.6 According to the company, Chicago-based Coyote Logistics manages around 10,000 loads per day with a network of over 10,000 carriers. “As The company is selling Coyote for $775 million less than the purchase price. billion in 2015.

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

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Material Handling & Logistics ). Chain Store Age ).

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The Ultimate List of Top Logistics Startups – Blog

Freightos

And it’s about to get hit by a freight train of innovation. How much do we love freight innovation? Enough to go through every single article published in the top tech blogs – Techcrunch, Verge, Mashable and Recode – since 2007 to count how often articles about logistics startups, freight or cargo were published.

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Will sub-zero temps stall trucking operations?

DAT Solutions

often suffer from all kinds of severe weather during the first quarter, impacting freight movements. Then temperatures suddenly plunged into the single digits and below in much of the Midwest, including sub-zero temps in Chicago and Minneapolis. Consumers tend to stay home , cutting purchases at stores and restaurants.

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Trucking Market Update and 2020 Q1 Freight Outlook

Zipline Logistics

It was a good year for shippers as freight rates plummeted for the majority of 2019, substantially backing off the historic highs the industry witnessed in 2018. An overall economic sluggishness hit freight particularly hard in 2019 leading to what many have labeled as a “ freight recession.”.

Freight 14
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Launching the Freightos Baltic Index (FBX) for Daily Rates

Freightos

The concept of an index, reporting the market price for a specific good, was developed precisely for this reason. As a result, nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and to power intelligent decisions. But despite its size, containerized freight’s poor visibility persisted.

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146 days until Christmas - Are you ready?

Cathy Roberson

This collaboration helps carriers plan capacity needs, temporary seasonal labor requirements, third-party transportation purchases, and more down to the zip code level. For retailers, a 2021 RIS report found that shoppers’ average BOPIS order increased by one to two items during pickup. I wear a number of hats these days.