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This Week in Logistics News (June 4 – 10)

Logistics Viewpoints

Add in soaring air freight costs, and the fruit will not only be hard to find, but incredibly expensive. Trucking, warehousing, and parcel-delivery companies added a combined 32,900 jobs last month, according to seasonally adjusted preliminary employment figures the US Bureau of Labor Statistics, down from 44,700 jobs added in April.

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The Impending Ocean Carrier War on Last Mile Fulfillment

Freightos

Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. Accelerating the shift. Image via StarAir.dk). Behind the Maersk shift. Enter Big Tech.

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Freight Volume Rebounds to Pre-Pandemic Levels

Zipline Logistics

As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Th ese conditions have caused a more favorable freight environment. That is e specially the case for outbound freight in southern states and California where produce season is in full swing. .

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Supply Chain Matters This Week in Supply Chain Tech- October 25 2023

Supply Chain Matters

Ryder Announces Acquisition of Contract Packaging Provider IFS Ryder System announced a definitive agreement to acquire Impact Fulfillment Systems (IFS), a contract packaging production and warehouse services provider primarily catering to consumer product goods and healthcare companies. billion, but the move had to be postponed.

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This Week In Supply Chain Management Tech April 4 2023

Supply Chain Matters

Founded in 2003, Utah based Avetta has reportedly deployed by 500 clients located in more than 130 countries. Gather AI Raises $17 Million in Series A Funding Computer vision and AI-powered warehouse inventory monitoring technology start-up Gather AI has announced $17 Million Series A-1 funding led by Bain Capital Ventures.

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Outbound Tender Rejections Increase for the First Time Since March Peak

Zipline Logistics

Currently, this has not made a substantial impact on the freight market, but we are seeing signs that the industry is beginning to recover. Additionally, according to Freight Waves, “outbound tender rejections have increased week-over-week for the first time since the OTRI peaked at 19.25% on March 28.”. Southeast Logistics.

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Logistics Market Stays Flat as May Begins

Zipline Logistics

To effectively track each state’s progress in reopening and how freight is impacted, we will publish a market update for the coming weeks as the country eases out of lockdowns. . Increases in volumes started climbing this week steadily but still down 10-15% year-over-year according to Freight Waves’ Sonar indexes. .