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

SEKO Logistics’ executives address Peak Season potential amid economic backdrop
The intersection of Peak Season prospects, managing inventories, and economic indicators were some of the key themes highlighted on a recent media call hosted by Itsaca, Ill.-based third-party logistics (3PL) services provider and global freight forwarder SEKO Logistics.

FedEx and union-represented pilots reach terms on a tentative agreement
FedEx officials declined to comment on the agreement, outside of a brief statement issued by the company on May 30, which stated: “We are pleased to have reached a tentative agreement with our pilots as we continue delivering outstanding service to our customers around the world.”

National diesel average falls for the week of May 22, reports EIA
The national average fell 2.8 cents, to $3.855, per gallon, following a 1.4-cent decline, to $3.883, for the week of May 22.

Ocean shipping returns to pre-pandemic status
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.

GEODIS expands drayage presence with acquisition of Southern Companies
A purchase price for the transaction was not disclosed. Southern Companies provides various import and export services, including warehousing and trucking, to ensure customer goods are moving swiftly through the supply chain.

Schneider Electric leads the Gartner Global Supply Chain Top 25
Four companies make the annual list for the first time, including Tesla.

Q&A: Jared Weisfeld, Chief Strategy Officer, RXO
Logistics Management Group News Editor Jeff Berman recently spoke with Jared Weisfeld, Chief Strategy Officer, for Charlotte-based RXO, the fourth-largest full truckload broker in the United States, and asset-light transportation services provider. Weisfeld provided Berman with a broad overview of how RXO views current market trends, including inventories, what may be in store for Peak Season, and capacity management, among others. Their conversation follows below. 

FTR Shippers Conditions Index remains on a growth track despite sequential decline
For March, the most recent month for which data is available, the SCI reading fell to 4.5, following February’s 5.1 reading and January’s 5.4. These readings are nearly half of December’s 10.3, to finish 2022. November’s 3.0 reading was preceded by -3.1 and -0.3 readings in September and October, respectively.

Descartes acquires Melbourne-based Localz as part of final-mile expansion
Taking steps to continue to invest in its final-mile service offerings, Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings, recently announced it has acquired Melbourne, Australia-based Localz, a technology platform to help engage with customers on the day they’re having goods or services delivered.


LM Podcast Series: Examining the global trade market with Chris Rogers, Head of Supply Chain Research for S&P Global Market Intelligence
In this podcast, Jeff Berman, Group News Editor, for Logistics Management and Peerless Media, interviews Chris Rogers, Head of Supply Chain Research for S&P Global Market Intelligence. 

U.S. rail carload and intermodal volumes are down, for week ending May 20, reports AAR
Rail carloads, at 225,093, were off 0.4% annually, and intermodal containers and trailers, at 245,601 units, fell 9.3%.

New FedEx offering aids U.S. customers with emissions-tracking efforts
Entitled FedEx Sustainability Insights, the company said this new cloud-based tool, which was created by FedEx Dataworks, leverages near-real time FedEx network data to estimate CO2e emissions for both individual tracking numbers and FedEx.com accounts.

Teamsters union overwhelmingly OKs strike vote against ArcBest LTL unit
The Teamsters union has come out guns blazing in the first of four separate negotiations with freight companies in the United States and Canada over the next year. In what is likely merely a negotiating ploy, the Teamsters negotiating committee said a strike authorization had been approved by members covered under ABF Freight’s National Master Freight Agreement (NMFA).

Bloomberg analyst Klaskow provides detailed analysis of key freight themes on Tucker Company Worldwide webcast
The topic of recessions—both for the general United States economy and the freight economy—was a key theme in a webcast hosted earlier this month by Jeff Tucker, president of Haddonfield, N.J.-based Tucker Worldwide, the nation’s oldest freight brokerage, which featured Lee Klaskow, Senior Global Transportation & Logistics Analyst and Sector Head, for Bloomberg Intelligence, a division of Bloomberg LP.


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