In this Issue:
- 32nd Annual Study of Logistics and Transportation Trends
- Bowery Farming bring technology to the table
- Robots coming to a warehouse near you
- Supply Chain Software: A fresh look at technology
- Top 25 Freight Forwarders: Bumps ahead
Logistics Management Magazine Archives
September 2023
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September 6, 2023 · Logistics operations are facing a human capital crisis that poses a threat to both performance and competitiveness. In this year’s study, our authors explore how organizations can compete for talent in an increasingly limited talent pool; how organizations are competing in an increasingly dynamic business environment; and examine the technologies that shippers now need to use to stay ahead of the curve.
September 5, 2023 · Interest in yard management systems (YMS) is growing as the software helps more companies automate processes, speed up trailer turnaround times, and save money.
September 5, 2023 · A market leader in indoor vertical farming turned to AS/RS technology to automate its farming processes.
September 5, 2023 · Global shippers are now implementing a “China plus” strategy that includes more than 40 countries in Asia, the Middle East, and Latin America. Accenture experts take a look at the contenders that are most relevant to logistics and supply chain managers in the United States.
September 5, 2023 · Our new Intralogistics Robotics Study proves just how vital robotics and automation are becoming to warehouses and DCs of all sizes—and across all industries.
September 5, 2023 · As more companies work to make their global supply chains more resilient, strong, and efficient, supply chain management software continue to play an important role in those efforts.
September 5, 2023 · The freight forwarding market continues to be negatively affected by the ripple effects of normalization in consumer behavior, as well as the global economic and manufacturing slowdown. Consequently, volumes handled by freight forwarders slowed down in the second half of 2022.
September 3, 2023 · We’ve always said that fall is “the season of traditions,” and we’re kicking off this festive time of the year with one of our favorites— the release of the findings from the “Annual Study of Logistics and Transportation Trends.”
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Latest in Logistics
Rivals pick over old Yellow freight assets as shippers plan for LTL rate hikes
September 15, 2023
The dismantling of Yellow Corp. assets has begun, and so has the realignment of the $58 billion less-than-truckload (LTL) landscape.
U.S. rail and intermodal volumes are mixed, for week ending September 9, reports AAR
September 15, 2023
Rail carloads, at 218,101, eked out a 0.6% annual gain, and intermodal containers and trailers, at 229,244 units, fell 3.8% annually.
Amid a muted Peak Season, POLA and POLB volumes are mixed in August
September 14, 2023
POLA reported that August volume was up 3% annually, coming in at 828,016 TEU (Twenty-Foot Equivalent Units). This marked the first growth month out of the last 13 months through August. The Port of Long Beach reported that total August volume, at 682,312 TEU, was off 15.4% annually.
August retail sales see slight gains, reports Commerce and NRF
September 14, 2023
Commerce reported that total August retail sales, at $697.6 billion, were up 0.6% from July to August, and were up 2.5% annually. Total retail sales, from June through August, saw a 2.2% annual increase, it noted. NRF’s calculation of retail sales – which excludes automobile dealers, gasoline stations and restaurants to focus on core retail – showed August was up 0.1% seasonally adjusted from July and up 3.3% unadjusted year over year. In July, sales were up 0.7% month over month and also up 3.3% year over year.
GXO announces plans to acquire PFSweb
September 14, 2023
Under the terms of the agreement outlined by GXO, GXO and PFS entered into a definitive agreement in which GXO will acquire PFS for $7.50 per share which it said represents an equity value of around $181 million.
New supply chain-focused offering is introduced by Amazon
September 13, 2023
Seattle-based e-commerce giant Amazon said this week it has introduced a new end-to-end, automated suite of supply chain services that are geared towards offering Amazon sellers with a full offering to move products from their manufacturers to customers worldwide. Entitled Supply Chain by Amazon, the company explained that this offering enables sellers to leverage Amazon’s advanced logistics, fulfillment, and transportation services to keep products in stock, ship faster and more reliably, and lower costs.
New Descartes’ report shows slight import gains, from July to August
September 13, 2023
From July to August, Descartes reported that U.S.-bound container import volumes eked out a 0.4% annual increase, coming in at 2,196,268 TEU (Twenty-Foot Equivalent Units), while posting a 13.2% annual decline and up 2.5% compared to pre-pandemic August 2019. And on a year-to-date basis through August, imports are down 2.1% compared to the same period in 2019.
Looking at carrier complexity and making the case for outsourcing transportation
September 13, 2023
With the right strategies in place surrounding transportation, brands have the power to not only increase profitability but also drive forward the sustainability agenda.
Digital supply chain leads ASCM’s Top 10 supply chain trends for 2024
September 13, 2023
As more companies look to leverage big data and analytics, they are finding a digital supply chain is a must.
UPS CFO Newman provides details on new deal with the Teamsters
September 12, 2023
Following the formal ratification of the new five-year contract between Atlanta-based global freight transportation and logistics services provider UPS and the International Brotherhood of Teamsters late last month, a high-level UPS executive provided an overview of the deal, from the company’s perspective, on an analyst call yesterday.
Logility makes entrance into supply chain-focused AI, with acquisition of Garvis
September 12, 2023
In a deal that meshes logistics and supply chain technology with AI, Atlanta-based Logility, a leading provider of collaborative supply chain optimization and advanced retail planning solutions, said this week that it has acquired Antwerp, Belgium-based Garvis, a SaaS services provider that combines large language models (ChatGPT) with AI-native demand forecasting.
Canadian National and Norfolk Southern are set to launch a new domestic intermodal service
September 12, 2023
CN and NS officials said that this new service will provide customers with an integrated, market-competitive, and efficient all-rail service. And they added that this service will will connect CN-served Canadian markets with Norfolk Southern-served Kansas City and Atlanta, which they referred to as the heart of the fast-growing manufacturing and consumer base in the Southeastern U.S.
National diesel increase heads up for the eighth consecutive week, reports EIA
September 12, 2023
With a 4.8-cent increase, the national average, for the week of September 11, came in at $4.50 per gallon.
More than 1,500 govt. leaders call on Congress not to increase truck size and weight
September 11, 2023
The letter was drafted county and municipal officials and public works directors and county engineers and was organized by the Coalition Against Bigger Trucks (CABT).
Q&A: Drew Wilkerson, CEO, RXO
September 11, 2023
Logistics Management Group News Editor Jeff Berman recently caught up with Drew Wilkerson, CEO of Charlotte, N.C.-based RXO, the fourth-largest full truckload broker in the United States, and asset-light transportation services provider. Wilkerson provided updates and analysis on various market trends and topics, including: the state of the freight economy; the spot market; pricing; and nearshoring, among others.
