Logistics Management Magazine Archives

EIA reported that the national average increased 3.9 cents, to $3.806 per gallon, more than reversing the 3.4-cent decline, to $3.767, for the week of July 3. This marks the only the sixth week in 2023 that has seen a weekly increase, and it represented the second-largest weekly 2023 uptick, with only an 8.0-cent gain, for the week of January 23 ahead.

From May to June, Descartes reported that U.S.-bound container import volumes were off 0.7%. coming in at 2,081,793 TEU (Twenty-Foot Equivalent Units), while falling 16.1% compared to June 2022 and rising 6.0% compared to June 2019, prior to the onset of the pandemic. What’s more, the 0.7% May to June decrease represents the lowest decrease for that period going back to 2017.

Yellow Corp., after decades of losses in excess of $1 billion and debt of $1.3 billion, received a little late financial breathing room as the venerable 99-year-old trucking company tries to survive.

Several of the world’s largest heavy truck manufacturers have agreed to accept California’s recently announced ban of traditional diesel-powered trucks by 2036, a deadline that opponents within the industry call unrealistic and unachievable.

At a time, when, as usual, there are many questions and concerns about the current trajectory of the economy, in terms of will there, or will there not, be a recession, there are also myriad signs, or indications, that the supply chain and logistics sectors are returning to the cadence of pre-pandemic times.

The latest report says that the era of building supply chains solely around cost-reduction considerations is over. Rather, a new value has taken hold—resilience.

3PLs continue to evolve with the times.