Remove Colorado Remove Freight Remove Manufacturing Procurement
article thumbnail

U.S. Freight Rates Reach Six Year Low Milestone

Supply Chain Matters

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. That is not good for retailers and manufacturers, each under the looking glass to reduce not only transportation but also inventory carrying costs. All rights reserved. The post U.S.

Freight 52
article thumbnail

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. The LMI has now declined 6.7

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Learn more about the most significant extreme weather and climate-related risks procurement professionals should pay attention to in 2024: How Will Climate Change Impact Supply Chains in 2024?

article thumbnail

This Week in Logistics News (October 24-28, 2016)

Talking Logistics

Moving on to this week’s supply chain and logistics news… Uber’s Otto hauls Budweiser across Colorado in self-driving truck (Reuters). August 2016 North American Freight Numbers. I am forever grateful. To all who knew and loved him, may his memory be a blessing. Jabil Enters Supply-Chain Software Business (WSJ – sub.

article thumbnail

U.S. Logistics Manager’s Index Drops to an All Time Low in May

Supply Chain Matters

Other insights pointed out in the May LMI report are that the current rate of contraction is strongest in upstream firms, namely manufacturers, wholesalers and distributors, compared to their downstream retail industry counterparts. Supply Chain Matters highlights this week’s release of the U.S. Further reported was that volumes of U.S.

article thumbnail

June 2023 US Logistics Managers Index Drops to a Revised Low

Supply Chain Matters

Implications The June report’s narratives and implications can be viewed from two increasingly different frames of reference, one being the logistics and warehousing services industry, the other being manufacturers, retailers, wholesalers and businesses that are anchored in supply chain cost sensitivities.

article thumbnail

Global Supply Chain Volatility Continues to Moderate But Not Inventory and Warehousing Costs

Supply Chain Matters

The takeaway for September was that global manufacturing activity officially fall below the 50.0 There are some positives to consider in the trending of global supply chain pressures, and perhaps continued moderation of spot or contracted transportation freight rates. Logistics Managers Index. up from an August reading of 59.7.