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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. Freight Rates Reach Six Year Low Milestone first appeared on The Ferrari Consulting and Research Group / Supply Chain Management. percentage points below the February value of 54.7,

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This Week in Logistics News (July 25-29, 2016)

Talking Logistics

Freightos Launches First International Freight Marketplace to Power $2 Trillion Worth of U.S. In other technology news, Freightos announced “the launch of the world’s first online marketplace for international freight, providing instant comparison, booking, and management of freight services from multiple logistics providers.”

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Experts Unfold Top Supply Chain Technology to Watch

Supply Chain Opz

Jim Hoefflin, president and COO of logistics, Kewill Driverless trucks, currently being tested in Germany and Nevada, could be revolutionary to the supply chain and might be the solution to the truck driver shortage that’s poised to have a huge negative impact on the industry. All of your denied party lists are already loaded for screening.

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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. The LMI has now declined 6.7

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So You Want to Make the Perfect Logistics Model

Logility

Find the case where a customer node is right near the Alabama warehouse but is shipped from the Nevada warehouse. But this is the real world and reflects the optimum use of the freight market. See the table below to describe the usefulness of different data sources. Great, see how I saved $948K?

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What Could Stop Lithium from Revolutionizing Transportation?

Elementum

Its growth—use increases by 11% per year—has ignited a battle among companies to produce the cheapest alternative source: batteries. Companies like Tesla, using the gigafactory, could source lithium from local suppliers in Nevada for a fully closed supply chain. How are dangerous goods transported? manufacturing.

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How the Bakken Oil Boom Impacts U.S. Supply Chains

CH Robinson Transportfolio

For those of us in neighboring states, North Dakota is the source of a clichéd “giant sucking sound,” the likes of which this generation has never experienced. The oil and gas industry impacts freight transportation in four significant areas: Diesel Prices. And it has all happened incredibly quickly. Driver Shortage. Rail Capacity.