In this Issue:
- 38th Annual Salary Survey: Salaries begin to rebound
- Air cargo volatility lingers
- Investment in risk management tech takes off
- Europe's new challenges
- Special Report: Top 50 Trucking Companies
Logistics Management Magazine Archives
April 2022 Logistics Management
April 5, 2022 · A confluence of factors—labor demand that’s outpacing supply, worker retention challenges, rising e-commerce sales, supply chain shortages, and relatively healthy economic conditions—have led to a rebound in supply chain salaries.
April 5, 2022 · Automatic data capture just got a new ally: the edge. The technology allows everything from scanners to voice systems to process data on the edge of where it is collected. The result is real-time decisions that deal with reality, not a plan that no longer applies.
April 4, 2022 · Even with a strong recovery in revenue, the IATA maintains that air cargo did not meet its full growth potential last year. In the meantime, tight capacity, labor shortages, infrastructure shortfalls—and now the Russian invasion of Ukraine—continue to cloud the forecast in this vital sector.
April 1, 2022 · For the 38th year running, Logistics Management (LM) is using its April issue to share the findings of our Annual Salary Survey, the clearest, most comprehensive snapshot available of logistics management salaries and employee development needs available in the market. As in years past,
April 1, 2022 · Leading carrier executives say a key strategy for staying on top is creating a company culture that “sets the tone for everything and everybody.” Investing in new equipment, driver training and salaries doesn’t hurt either.
April 1, 2022 · The supply chain took center stage during the pandemic, and now 64% of shippers are evaluating or implementing supply chain risk event monitoring tools and 73% are doing the same with supply chain visibility and multi-tier mapping applications.
April 1, 2022 · According to Bentz, comprehensive visibility to product and data flows and driving real-or-near-real-time network intelligence on what’s really going on.
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Latest in Logistics Management
Under-21 driver pilot program a bust with fleets as FMCSA seeks changes
April 16, 2024
The FMSCA says only 113 motor carriers have applied for its under-21 truck driver apprenticeship program since July 2022. That is a very disappointing turnout for an initiative that the government had expected to recruit up to 1,000 carriers and 3,000 drivers.
Diesel back over $4 a gallon; Mideast tensions, other worries cited
April 15, 2024
Diesel prices are back over $4 a gallon, according to the U.S. Energy Information Administration’s (EIA) weekly, on-highway survey of prices at 73,000 service stations and 9,500 truck stops around the country. Average diesel prices rose by 6.5 cents, increasing to $4.06 per gallon as of Monday, April 8. The Western states of Arizona, Nevada, Oregon and Washington saw the highest average price increase for the period, rising 11 cents to $4.26 per gallon.
Four U.S. railroads file challenges against FRA’s two-person crew mandate, says report
April 12, 2024
Following the issuing of a final rule by the United States Department of Transportation’s Federal Railroad Administration (FRA) earlier this month, establishing establishes minimum safety requirements for train crew sizes, with the new rule requiring a second crew member on all trains, four U.S.-based railroads are calling on federal appeals courts to toss out the rule, calling it “arbitrary, capricious, and an illegal abuse of discretion,” according to an Associated Press report.
XPO opens up three new services acquired through auction of Yellow’s properties and assets
April 12, 2024
XPO opened up three of the 28 service center locations it acquired through an early December court-supervised auction, in which a dozen trucking companies bought properties that resold about three-fourths of Yellow’s properties for a total of just under $1.9 billion.
FTR’s Trucking Conditions Index weakens, due to fuel price gains
April 12, 2024
For February, the most recent month for which data is available, the TCI reading came in a -5.31, down from January’s -1.41, which was ahead of December’s -4.3.
U.S. rail carload and intermodal volumes are mixed, for week ending April 6, reports AAR
April 12, 2024
Rail carloads, at 209,142, were off 4.5% annually, and intermodal containers and trailers, at 241,000 units, increased 7.6% annually.
LM Podcast Series: Examining the freight railroad and intermodal markets with Tony Hatch
April 11, 2024
In this podcast, Tony Hatch offered up his views on various aspects of the freight railroad and intermodal sectors, including: market conditions, service levels, volumes, and nearshoring, among others.
Supply Chain Stability Index sees ‘Tremendous Improvement’ in 2023
April 11, 2024
While 2023 proved to be a comeback year, there's still a ways to go before a return to pre-pandemic normalcy.
TD Cowen/AFS Freight presents mixed readings for parcel, LTL, and truckload revenues and rates
April 10, 2024
The new edition of the TD Cowen/AFS Freight Index, which was recently released by New York-based investment firm TD Cowen Inc. and Shreveport, La.-based 3PL and freight audit and payment company AFS Logistics LLC, was somewhat mixed, with less-than-truckload (LTL) and truckload rates steady, and parcel rates being impacted by fuel surcharge increases and various accessorial charges amid lower demand.
Descartes March Global Shipping Report highlights ongoing steady volume momentum
April 10, 2024
From February to March, the report observed that U.S.-bound container import volumes eked out a 0.4% increase, to 2,145,341 twenty-foot equivalent units (TEU), while posting a 15.7% annual gain, ahead of pre-pandemic 2019 by 20.6%. Descartes explained that the timing of the week-long Lunar New Year in Asia, which commenced on February 11 may have held import growth back, as the subsequent impact on U.S. import numbers was not realized until the last two weeks of March.
U.S.-bound import growth track remains promising, notes Port Tracker report
April 9, 2024
Amid various supply chain issues, United States retail container ports are expected to see imports top the 2-million mark in May for the first time since October, according to the new edition of the Port Tracker report, which was issued today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.
Norfolk Southern announces preliminary $600 million agreement focused on settling East Palestine derailment lawsuit
April 9, 2024
NS officials said that should this agreement be approved by the court, it will resolve all class action claims within a 20-mile radius from the derailment and, for those residents who choose to participate, personal injury claims within a 10-mile radius from the derailment.
40th Annual Salary Survey: Salary and satisfaction up
April 9, 2024
Our latest Peerless Research Group (PRG) survey reveals current salary trends, career satisfaction rates, and shifting job priorities for individuals working in logistics and supply chain management. Here are all of the findings—and a few surprises.
Data Capture: Bar coding’s new companions
April 9, 2024
Bar coding remains the central technology for data capture, with new wearables and handheld form factors to boost productivity. But RFID momentum is building, and a range of real-time location technologies can complement handheld data collection.
National diesel average jumps 6.5 cents, for week of April 8, reports EIA
April 9, 2024
With a 6.5-cent increase, the national average came in at $4.061 per gallon. This follows a 3.8-cent decline, to $3.996, for the week of April 1, and a slight 0.006-cent increase, to $4.034, for the week of March 25, and a 2.4-cent increase, to $4.028, for the week of March 18.
