Logistics Management Magazine Archives

January 2024 Logistics Management

In this Issue:

  • 2024 Freight Rate Outlook: More of the same?
  • 2024 freight payment update
  • 6 TMS trends
  • A Look Back at 2023
  • Lift Truck Series: Lithium power
  • Robotics: 4 tech directions to shape DC performance
  • Virtual Summit: Supply Chain Outlook
January 10, 2024 · Our annual gathering of freight transportation industry analysts reveals that the cycle of rate and capacity fluctuations continue their age-old volatility, but in a more muted fashion. Here’s a look at the elements that have ushered in this current malaise.
January 10, 2024 · Shippers are the main beneficiaries of new freight audit and payment data. They’re now tapping into more auxiliary services such as freight bidding, modal analysis and international services—and the most savvy operations are benefiting by realizing lower, better-managed freight bills with analysis thrown in for good measure
January 10, 2024 · Our top supply chain software analysts share the TMS trends they believe shippers need to be paying attention to during the coming year.
January 9, 2024 · Lithium power is seen as the fastest growing motive power choice for electric trucks, though it has competition from options including thin plate pure lead and hydrogen fuel cells. For end users like City Furniture and Hamilton Beach Brands, motive power has to deliver on outcomes like space savings and uptime.
January 9, 2024 · New research shows which emerging capabilities help supply chain executives make their businesses more resilient.
January 9, 2024 · Yes, warehouse robotics are the biggest thing in automation, but they’re not the only tech to drive efficiencies. Orchestration software, better robot/human collaboration, and the application of computer vision to inventory accuracy all play a role in operational gains.
January 9, 2024 · Event featured an impressive lineup of keynote and session speakers who hit on all of the topics that are driving supply chain growth right now.
January 2, 2024 · Out of all of our annual surveys and features that we do in Logistics Management (LM), by far my favorite continues to be our Annual Rate Outlook
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Latest in Logistics Management

Cass Freight Index points to annual shipments and expenditures declines
April’s shipment reading, at 1.098, decreased 4.0% annually, and expenditures, at 3.227, were off 16.8% annually.

ALAN opens up its nominations for 2024 Humanitarian Logistics Awards
The American Logistics Aid Network (ALAN) has officially opened nominations for its eighth annual Humanitarian Logistics Awards.

U.S.-bound import growth remains intact in April, reports Descartes
From March to April, the report found that U.S.-bound container import volumes were up 3.0% compared to March and were up 9.3% annually, coming in at 2,208,849 twenty-foot equivalent units (TEU). Descartes explained that the 3.0% gain was downwardly impacted by the effects of the Chinese Lunar Year, adding that when compared to pre-pandemic April 2019, volumes increased 15.1%.

Looking at a reshoring history lesson
A three-decade expert in supply chain, the Reshoring Institute’s Rosemary Coates explains how the reshoring trend has progressed.

NTSB: Ship lost power twice before slamming into Baltimore bridge, closing port
Twice the huge container ship Dali lost power and slammed into one of the bridge's support columns, causing the Francis Scott Key Bridge to fall into the waters outside Baltimore, killing six and causing the closing to maritime traffic of one of the busiest ports on the East Coast.

ISM May Semiannual Report points to growth in 2024, at a reduced rate
As was the case in its previous edition in December, the manufacturing and services sectors remain on diverging paths, to a certain extent, in May. One common theme the sectors share, according to the Institute for Supply Management’s (ISM) May 2024 Semiannual Economic Forecast, which was issued today, is that growth is expected over the balance of the year, albeit at reduced rates.

April retail sales are mixed, reports Commerce and NRF
Commerce reported that April retail trade sales were up 0.4% over March and were up 2.7% annually. And the National Retail Federation reported that NRF reported that February’s core retail sales, which it bases on Census data and excludes automobile dealers, gasoline stations, and restaurants, fell 0.2% on a seasonally-adjusted basis compared to March and were up 3.9% on an unadjusted basis annually.

LM Podcast Series: S&P Global Market Intelligence’s Rogers assesses 2024 import landscape
In this podcast, Logistics Management Group News Editor Jeff Berman interviews Chris Rogers, Head of Supply Chain Research for S&P Global Market Intelligence.

Following USTR review, White House announces tariff increases on certain U.S.-bound imports from China
The impetus for the increase in tariffs under Section 301 of the Trade Act of 1974 on $18 billion worth of imports from China is due to various actions China has taken, according to the White House, including unfair trade practices concerning technology transfer, intellectual property, and innovation threatening American workers and flooding global markets with artificially low-priced exports.

Sponsored Content
Insider Q&A: Improving Freight Transportation: Anticipate scenarios, mitigate disruption, think long-term
Navigating the Complexities of Freight Management with Transportation Insight (TI) and Nolan Transportation Group (NTG): Insights from CFO Mark Vale

Inflation continues to have a wide-ranging impact on supply chains, notes Blue Yonder survey
Blue Yonder’s annual survey finds cost of materials and transportation being impacted; disruptions remain.

National diesel average decreases for the fifth consecutive week, reports EIA
The national average, at $3.848 per gallon, dropped 4.6 cents from the $3.894 average, for the week of May 6, which was off 5.3 cents from the $3.947 average, for the week of April 29.

New Union Pacific service connects Southern California and Chicago
New route promises three-day delivery, enhancing supply chain efficiency

Automate and Accelerate: Replacing Pick-to-Light with the Next Generation of Automation
Berkshire Grey and S&H Systems present a webinar showcasing how their Robotic Put Wall systems offer a cost-effective solution to aging pick-to-light systems, delivering significant labor savings, space efficiency, minimal IT impact, and up to 30-40% batch pick efficiency gain, with seamless integration into existing infrastructure and scalable automation.

STB Chairman Martin J. Oberman retires
Late last week, the Washington, D.C.-based Surface Transportation Board (STB), an independent adjudicatory and economic-regulatory agency charged by Congress with resolving railroad rate and service disputes and reviewing proposed railroad mergers, said that Chairman Martin J. Oberman has officially retired.


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...