Logistics Management Magazine Archives

May 2023 Logistics Management

In this Issue:

  • The New Digital Supply Chain
  • LTL Study: Partner for reliability
  • Technology Roundtable: Evaluate and apply
  • Technology as a key differentiator for forwarders
  • Special Report: ProMat in review 
May 30, 2023 · 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.
May 8, 2023 · Here are some of the top digital supply chain trends that shippers need to understand and leverage as they continue along the path of transformation.
May 8, 2023 · From real-time operational data to fleet right-sizing, lift truck telematics have a strong role to play in everything from safety to maintenance and even operator training. If at first it seems overwhelming, step back, take a deep breath and go small.
May 5, 2023 · Use our May 2023 issue to take the temperature of the technology that’s transforming our operations right in front of our eyes
May 5, 2023 · While rates continue to rise, shippers who’ve worked to form closer partnerships with their LTL providers report better pricing, better service and improved support from their carriers.
May 5, 2023 · In this annual event, we gather four top supply chain management software and technology analysts to discuss how some of the latest software and automation innovations are being put to work to help logistics professionals streamline their operations to keep pace.
May 4, 2023 · Analysts expect the percentage of cargo booked and shipped through completely digital platforms to double to nearly 20% by 2024. To accommodate this rapid growth, large forwarders are investing heavily in digital offerings for booking, quoting, tracking, and invoicing—the ones who don’t will be left behind.
May 4, 2023 · Don’t be enamored with new equipment or tech loaded with promises, assess fulfillment operations carefully while focusing on a holistic strategy.
May 4, 2023 · The rapid development of electric and autonomous vehicles will arm trucking with competitive tools and advantages that they’ve not seen in quite some time.
May 4, 2023 · ProMat 2023 was held March 20-23 at Chicago’s McCormick Place. It featured more than 1,000 exhbits and included a comprehensive educational conference. Here are some of the highlights.
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Latest in Logistics Management

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.

LM Podcast Series: Examining the freight railroad and intermodal markets with Tony Hatch
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
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
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
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
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
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.


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