Logistics Management Magazine Archives

August 2018 Logistics Management

In this Issue:

  • 35th Annual Quest for Quality Awards: Winners revealed
  • Ocean cargo's unsettled seas
  • 2018 ERP Update
  • Protecting your cargo against risk
August 6, 2018 · The old days of buying a lift truck as a commodity unrelated to other materials handling equipment purchases are going away. Rapidly. It’s all because of fundamental shifts in how distribution centers operate—and new technology, of course.
August 1, 2018 · There is a lot to like about robotics as a means of automating DCs. The tricky questions around robotics are not will they catch on, because they are, but what types of robotics will best suit an operation, and how will they interact with traditional automation and human labor?
August 1, 2018 · Three prominent maritime experts share insight into the current ocean cargo arena— a freight sector that’s navigating from one crisis to the next.
August 1, 2018 · With 58% of shippers committed to their enterprise resource planning (ERP) vendors, the key players are casting an even bigger shadow on the supply chain management space.
August 1, 2018 · Risk, loss and damage are facts of life when shipping ocean cargo, so why is the evaluation of cargo insurance so often overlooked? Our risk consultant offers practical tips that can protect your company from catastrophic loss—and help you get a better night’s sleep.
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Latest in Logistics Management

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.

Sponsored Content
The Next Big Steps in Supply Chain Digitalization
Technology continues to advance and new developments are building on the foundation that is now in place in many supply chains. Here are five of the most significant advances shaping the next wave of digitalization.

Under-21 driver pilot program a bust with fleets as FMCSA seeks changes
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
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.


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