Logistics Management Magazine Archives

May 2023 Logistics Management

In this Issue:

  • The New Digital Supply Chain
  • LTL Study: Partner for reliability
  • Technology Roundtable: Evaluate and apply
  • Technology as a key differentiator for forwarders
  • Special Report: ProMat in review 
May 30, 2023 · Following a year of record revenue for carriers, shipping analysts see the pendulum swinging in the other direction, as rates are decreasing, volumes are falling, and new capacity is coming online.
May 8, 2023 · Here are some of the top digital supply chain trends that shippers need to understand and leverage as they continue along the path of transformation.
May 8, 2023 · From real-time operational data to fleet right-sizing, lift truck telematics have a strong role to play in everything from safety to maintenance and even operator training. If at first it seems overwhelming, step back, take a deep breath and go small.
May 5, 2023 · Use our May 2023 issue to take the temperature of the technology that’s transforming our operations right in front of our eyes
May 5, 2023 · While rates continue to rise, shippers who’ve worked to form closer partnerships with their LTL providers report better pricing, better service and improved support from their carriers.
May 5, 2023 · In this annual event, we gather four top supply chain management software and technology analysts to discuss how some of the latest software and automation innovations are being put to work to help logistics professionals streamline their operations to keep pace.
May 4, 2023 · Analysts expect the percentage of cargo booked and shipped through completely digital platforms to double to nearly 20% by 2024. To accommodate this rapid growth, large forwarders are investing heavily in digital offerings for booking, quoting, tracking, and invoicing—the ones who don’t will be left behind.
May 4, 2023 · Don’t be enamored with new equipment or tech loaded with promises, assess fulfillment operations carefully while focusing on a holistic strategy.
May 4, 2023 · The rapid development of electric and autonomous vehicles will arm trucking with competitive tools and advantages that they’ve not seen in quite some time.
May 4, 2023 · ProMat 2023 was held March 20-23 at Chicago’s McCormick Place. It featured more than 1,000 exhbits and included a comprehensive educational conference. Here are some of the highlights.
Not a subscriber? Apply online today.
 

Latest in Logistics Management

National diesel average falls for the fourth consecutive week, reports EIA
The national average, at $3.894 per gallon, fell 5.3 cents, below the $3.947 national average, for the week of April 29.

New Descartes’ study examines consumer preferences, changes, and shifts in e-commerce home delivery preferences
A new study issued today by Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings, showed some disparities in the intersection of online buying and home delivery processes. The study, entitled “Online Buying Grows But Too Many Customers Still Experiencing Delivery Woes,” was based on feedback from 8,000 consumers surveyed by Descartes and SAPIO Research, across Europe and North America over the first quarter. This is the third annual edition of Descartes’ e-commerce home delivery report.

Potential Canadian rail strike could damage the country’s economy
Over 9,000 rail workers poised to walk off job, disrupting critical transportation routes used by various industries.

C.H. Robinson highlights progress of its AI-focused offerings with a focus on automating shipping processes
Taking steps to leverage Artificial Intelligence (AI) in order to automate various types of shipping transactions conducted over e-mail, Minneapolis, Minn.-based global third-party logistics (3PL) services provider and freight forwarder C.H. Robinson (CHR) today heralded the progress it has made on that front, calling the utilization a key step in breaking “a long-standing barrier to automation.

UPS announces CFO Newman to leave company, effective June 1
Atlanta-based global freight transportation and logistics services provider UPS said that effective June 1, Executive Vice President and Chief Financial Officer Brian Newman will leave the company.

Preliminary April North American Class 8 net orders are mixed
FTR reported that preliminary April net orders, at 14,400 units, were off 25% compared to March and 12.5% annually. And it added that over the last 12 months, total Class 8 orders were at 267,700 units. ACT reported that April Class 8 orders, art 15,600 units, were off 1,800 units compared to March, while posting a 30% annual gain, in what it called a very easy year-ago comparison.

Senators take a close look at Amazon with Warehouse Worker Protection Act
The proposed legislation aims to regulate the use of productivity quotas and improve safety for workers.

Despite American political environment, global geopolitical risks could be easing
While there is plenty of danger around the world, the reality of interconnected supply chains may be prevailing.

Maryland DOT: $1.9 billion and up to four years to rebuild bridge sunk near Baltimore port
It will take just over four years and up to $1.9 billion to rebuild the Francis Scott Key Bridge after it was hit by a cargo ship and fell into the Patapsco River, according to an estimate by the Maryland Department of Transportation. The state plans to build a new span by the fall of 2028, spokesman David Broughton said. He also said it will likely cost anywhere from $1.7 billion-to-$1.9 billion to rebuild the span after the container ship Dali lost power...

April Services PMI contracts after 15 months of growth, reports ISM
The Services PMI, at 49.4 (a reading of 50 or higher signals growth) fell 2.0%. The last time the index contracted was in December 2022, when it came in at 49 and prior to that the last month seeing contraction was in May 2020, when it came in at 45.4.

2023 industrial big-box leasing activity heads down but remains on a steady path, notes CBRE report
In the report, entitled “2024 North America Industrial Big-Box Review & Outlook,” CBRE said that Food & Beverage was the third most active occupier for big-box leasing activity, at 8.6%, with Automobiles, Tires & Parts, E-commerce Only, and Building Materials & Construction rounding out the top six, at 7.0%, 5.4%, and 5.3%, respectively.

Sponsored Content
Comau’s Advanced Solutions Drive The Benefits Of Automation For Diversified Industries
Over the years, Comau has increasingly focused on implementing key technology enablers that transform conventional robotics into advanced robotics.

U.S. rail carload and intermodal volumes are mixed in April, reports AAR
Rail carloads, at 848,882, were down 6.5%, or 58,751 carloads, annually. Intermodal containers and trailers, at 1,018,569 units, increased 8.6%, or 80,471 units, annually.

Q1 U.S. Bank Freight Payment Index sees shipment and spending declines
The report’s first quarter shipment index value, at 87.5, was off 7.8% compared to the fourth quarter and down 21.6% annually.On the spend side, the report observed that the first quarter reading, at 194.7, fell 27.9% annually and was down 16.8%, from the third fourth quarter to the first quarter.

Pitt Ohio exec warns Congress to go slow on truck electrification mandates
Taki Darakos, Pitt Ohio’s fleet manager who oversees the acquisition and maintenance of 1,550 company-owned tractors and box trucks, testified before Congress on the technological, operational and financial challenges fleets face as federal and state regulations mandate the adoption of battery-electric trucks.


Latest Resources

2024 Transportation Rate Outlook: More of the same?
2024 Transportation Rate Outlook: More of the same?
Get ahead of the game with our panel of analysts, discussing freight transportation rates and capacity fluctuations for the coming year. Join...
Bypassing the Bottleneck: Solutions for Avoiding Freight Congestion at the U.S.-Mexico Border
Bypassing the Bottleneck: Solutions for Avoiding Freight Congestion at the U.S.-Mexico Border
Find out how you can navigate this congestion more effectively with new strategies that can help your business avoid delays, optimize operations,...

Driving ROI with Better Routing, Scheduling and Fleet Management
Driving ROI with Better Routing, Scheduling and Fleet Management
Improve efficiency and drive ROI with better vehicle routing, scheduling and fleet management solutions. Download our report to find out how.
Your Road Guide to Worry-Free Shipping Between the U.S. and Canada
Your Road Guide to Worry-Free Shipping Between the U.S. and Canada
Get expert guidance and best practices to help you navigate the cross-border shipping process with ease. Download our free white paper today!
Warehouse/DC Automation & Technology: It’s “go time” for investment
Warehouse/DC Automation & Technology: It’s “go time” for investment
In our latest Special Digital Issue, Logistics Management has curated several feature stories that neatly encapsulate the rise of automated systems and...