Logistics Management Magazine Archives

February 2021 Logistics Management

In this Issue:

  • Global Logistics: Challenges in our changing world
  • Tackling 2021 world trade
  • 3PLs: More critical than ever
  • Sky-high demand for WDC development
  • Special Report: The digital warehouse of the future
February 9, 2021 · “If this increase comes to fruition,” she adds, “it’s projected that GTM is going to become the ‘new essential’ for logistics organizations that are looking to keep pace with the competition, manage higher tariffs, and maintain their global footprint as economic nationalism begins to take hold.”
February 8, 2021 · From strained global freight networks to rapid e-commerce growth, the logistics industry and its service providers around the world have demonstrated how flexible and systemically relevant they are as they keep the global supply chain flowing.
February 8, 2021 · Consolidation in the global container shipping industry in recent years has been the key factor behind improved supply discipline. Ocean cargo carrier financial performance has been improving as a result.
February 8, 2021 · Global trade management platforms are helping shippers streamline their cross-border logistics and business processes in an unpredictable global trading environment.
February 8, 2021 · With the meteoric rise of e-commerce around the globe, innovative capabilities for last-mile delivery, reverse logistics and warehousing will be increasingly important. However, investing in new capabilities is daunting and increasingly harder to justify, which makes finding the right third-party logistics providers for your needs more essential than ever—here’s why.
February 8, 2021 · Despite the scares COVID-19 has hurled on other industries, e-commerce has ensured high demand for warehousing, distribution and fulfillment.
February 8, 2021 · As we begin to turn a coronavirus corner, it is crucial that supply chain leaders work to envision what the next normal will look like. They must plan on how best to position a new beginning in order to emerge healthy and competitive.
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Latest in Logistics Management

Understanding the FTC’s ban on noncompetes
Crowell & Moring law partner Stefan Meisner discussed the recent decision by the Federal Trade Commission to ban noncompete agreements.

UPS rolls out fuel surcharge increases
Earlier this week, Atlanta-based global freight transportation and logistics services provider UPS announced it is increasing fuel surcharges for various service offerings, including UPS Ground Domestic, UPS SurePost, and UPS Domestic Air

U.S. rail carload and intermodal volumes, for week of April 20, are mixed, reports AAR
Rail carloads, at 216,945, fell 6.7% annually, and intermodal containers and trailers, at 257,599 units, rose 8.2% annually.

Baltimore suing ship that crashed into bridge, closing port, costing jobs
The city of Baltimore is suing the owners of the cargo ship that crashed into the Francis Scott Key Bridge, causing it to collapse and closing the Port of Baltimore for months.

Intermodal growth volume remains intact in March, reports IANA
Total March volume, at 1,464,782 units, increased 6.7% annually, below February’s 14.6% annual increase, while topping November, December, and January, which saw gains of 3.8%, 6.4%, and 5.5%, respectively.   

Descartes announces acquisition of Dublin, Ireland-based Aerospace Software Developments
Earlier this week, Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings, continued to flex its M&A muscle, acquiring Dublin, Ireland-based Aerospace Software Developments, a provider of customs and regulatory compliance service.

Amid ongoing unexpected events, supply chains continue to readjust and adapt
Expecting the unexpected going back to the onset of the pandemic in March 2020 has really been a part of supply chain and logistics lexicon. As we know, there were many logistics and supply chain “lessons learned” coming out of the pandemic, which clearly still remain intact today, especially including the need for supply chain resiliency and preparedness, as well as flexible and nimble deployment of labor, assets, and technology, among others.

Shipment and expenditure decreases trend down, notes Cass Freight Index
March’s shipment reading, at 1.113, fell 3.6% annually, down from February’s 4.5% decrease and January’s 7.6% decline.

March trucking tonnage trends down, reports ATA
The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index fell 2%, to 113.4 (2015=100), following a 4% February gain, to 115.7, and a 3.2% January decline.

FTR Shippers Conditions Index enters negative territory
For February, the most recent month for which data is available, the SCI reading came in at -1.4, below January’s 3.4, which was 3% below December’s 6.4 reading and also below November’s 6.3.

DAT March Truckload Volume Index sees modest March gains
From February to March, the the van TVI, at 260, was up 4%, with the refrigerated TVI, at 200, up 2.6%, and the flatbed TVI, at 242, up 4.4%.

National diesel average, for week of April 22, is down for the second straight week
For the week of April 22, the national average fell 2.3 cents, to $3.922. This followed a 2.3-cent decrease, to $4.015 per gallon, for the week of April 15, which was preceded by a 6.5-cent increase, to $4.004, for the week of April 8.

UPS reports first quarter earnings decline
Quarterly consolidated revenue, at $21.7 billion, fell 5.3% annually, and adjusted earnings per share, at $1.43, saw a 35.0% annual decline. Consolidated quarterly operating profit came in at $1.6 billion, which was off 36.5% annually.

LM Podcast Series: Assessing the freight transportation and logistics markets with Tom Nightingale, AFS Logistics
During this podcast, Nightingale provided a detailed overview of the new Cowen/AFS Freight Index report and variuous market issues.

Investor expectations continue to influence supply chain decision-making
More shareholders are expecting supply chains to become resilient to protect the bottom line.


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