Logistics Management Magazine Archives

February 2022 Logistics Management

In this Issue:

  • Ocean Cargo: Pandemic continues to wreak havoc
  • Freight payments: All systems go
  • Manage global trade complexities
  • Shippers and 3PLs innovate together
  • Supply Chain Management Software
  • MODEX 2022 preview
February 2, 2022 · It’s clear that the pandemic has exposed the vulnerability of global supply chains—a problem the logistics industry will continue to face this year. A high degree of flexibility and close cooperation between all parties in the supply chain is required to be well prepared to respond to the crisis and, hopefully, to a post-COVID era.
February 2, 2022 · The biggest challenge for Logistics Management (LM) staff over the last year has been pretty clear cut: Avoid sounding like a broken record. But considering the reality of the world, that has been nearly impossible.
February 1, 2022 · Analysts predict that a number of factors will continue to make an impact on ocean shipping in 2022. A big one is the fact that there is a short supply of shipping services and containers at a time when the demand for the movement of goods is only rising. Sound familiar?
February 1, 2022 · With world trade volumes climbing and the dynamics of buying and selling overseas changing, companies need GTM software more than ever.
February 1, 2022 · A strong collaboration between 3PLs and shippers can help to bring innovative solutions that will benefit both in the future. To do so, shippers must express their needs and challenges, and 3PLs must listen and find paths to address and adapt—and both must recognize the value of these partnerships.
February 1, 2022 · Modex 2022 will feature hundreds of solution provider exhibits, educational sessions and keynote presentations featuring Shaquille O’Neal, Sanjay Gupta and Marriott’s Erika Alexander.
February 1, 2022 · Supply chain management software has become the solution of choice for companies as they ride out the ongoing pandemic and plan for the future.
February 1, 2022 · Shipping managers are in the spotlight, and executives want managers who have solutions.
Not a subscriber? Apply online today.
 

Latest in Logistics Management

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.

Four U.S. railroads file challenges against FRA’s two-person crew mandate, says report
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
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
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
Rail carloads, at 209,142, were off 4.5% annually, and intermodal containers and trailers, at 241,000 units, increased 7.6% annually.


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...