Logistics Management Magazine Archives

February 2023 Logistics Management

In this Issue:

  • Global Supply Chains Under Pressure
  • Stormy seas ahead for ocean carriers
  • Simplify complexity with GTM
  • Musco's well-oiled supply chain
  • Special Report: 7 supply chain software trends
  • ProMat Show Planner
February 2, 2023 · Supply chains worldwide will continue to be caught between politics, economics and ecology in the future. Whether there will be more regionalization or nearshoring remains to be seen. The question will linger: Who will win and who will lose in this increasingly tense competition?
February 2, 2023 · Retailers that don’t consider product returns their biggest source of supply may want to rethink their reverse logistics approaches for 2023.
February 2, 2023 · A leading manufacturer and distributor of critical medical and surgical supplies incorporated nearly nine years of experience with goods-to-person robots in the design of a new flagship facility.
February 2, 2023 · After posting another record year of profits, worldwide recessionary and inflationary pressures are now chipping away at ocean carrier fortunes. As far as rates are concerned, our analysts suggest that shippers and freight forwarders will be able to do a little window shopping this year.
February 2, 2023 · As international trade volumes continue to hit records every year, shippers of all sizes are turning to applications to gain visibility and control of their global trade processes and GTM vendors are there to answer the call.
February 2, 2023 · Even before the pandemic, the idea of managing a streamlined global freight transportation network was considered by many as the single biggest challenge facing U.S. companies looking to build a universal brand—no matter the industry.
February 1, 2023 · ProMat 2023 is back in person, with 35% more floor space, more than 1,000 solution provider exhibits as well as educational sessions and keynote presentations.
February 1, 2023 · As the glue that holds supply chains together, software continues to play a vital role in the smooth running of these critical global networks.
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Latest in Logistics Management

Bipartisan legislation focused on supply chain resilience is introduced in the Senate
The bill, entitled the “Promoting Resilient Supply Chains Act,” was introduced by U.S. Senator Maria Cantwell (D-Wash.), Chair of the Senate Committee on Commerce, Science and Transportation, and U.S. Senator Marsha Blackburn (R-Tenn.), a senior member of the Committee. This bill was also introduced in the House (H.R. 6571) by Reps. Larry Bucshon (R-Ind.) and Lisa Blunt Rochester (D-Del.) and passed last week by a 44-0 unanimous vote.

How to Optimize Your RFID Mandate Labeling within the Supply Chain
Unlock supply chain success by joining SATO America, Loftware, and GS1 Global experts to master new RFID mandates, retail labeling, and compliance strategies.

Gartner releases its 20th Annual Global Supply Chain Top 25
Schneider Electric maintained its top position, with Cisco Systems and Colgate-Palmolive rounding out the top three. NVIDIA also made a strong debut at seventh place.

U.S.-bound imports see growth in April, reports S&P Global Market Intelligence
April imports, at 2,524,299 TEU (Twenty-Foot Equivalent Units), saw a 7.7% annual increase, growing for the eighth consecutive month, following a 14-month stretch of annual declines, while up 8.5% compared to pre-pandemic April 2019. Annual growth in April was well short of March’s 16% annual gain. Imports grew 1.2% from March to April.

Industry experts dissect White House’s tariffs announcement
As reported by LM earlier this month, after a statutory four-year review process of Section 301 tariffs levied on United States-bound imports from China conducted by the Office of the United States Trade Representative, the final outcome, the White House announced, that those tariffs are remaining intact, with ones for certain products, to see increases.

April intermodal volumes turn in solid performance, reports IANA
Total April volume, at 1,456,241 units, increased 12.0% annually, topping March’s 6.7% annual increase, and in line with February’s 14.6% annual increase.

Packaging Efficiency: The modern way to reduced freight costs
Join our webcast to discover how Packsize & Paccurate can help your operations and outbound logistics teams cut costs and boost efficiency through innovative order fulfillment strategies.

Port of Los Angeles and Port of Long Beach monthly volumes head up again
Total POLA volume, at 770,337 TEU (Twenty-Foot Equivalent Units), rose 12% annually, marking the ninth straight month of annual volume growth. The Port of Long Beach reported that total April volume, at 750,524 TEU, headed up 14.4% annually.  

National diesel average drops nearly 6 cents, for lowest reading since July, reports EIA
The national average, at $3.789, decreased 5.9 cents, following a 4.6-cent decline, to $3.848, for the week of May 13.

Baltimore Bridge Collapse: Dali cargo ship is finally on the move
Authorities aim to reopen the main shipping channel by the end of May.

Bloomberg/Truckstop 1Q24 Truckload Survey points to improving spot market sentiment
Despite 62% of carriers reporting lower freight volume in 1Q, 33% predict freight demand to increase in the next 3-6 months. Only 19% predict freight demand to decline in the same timeframe, which represents a 12-point percentage decline vs. the 4Q survey.

BlueGrace Logistics Confidence Index sees signs of stabilization for the third quarter
For revenues, the report viewed third quarter expectations as “an interesting paradox with shipper optimism on the rise, but the expected magnitude of growth has moderated greatly, with 70% of the report’s respondents expecting positive third quarter revenue growth, topping expectations for the first and second quarters, which each respectively came in at 65%.

FTR’s Trucking Conditions Index falls to lowest level since last September
For March, the most recent month for which data is available, the TCI came in at- 7.25, following February’s -5.31 reading.

U.S. rail carload and intermodal volumes are mixed, for week ending May 11, reports AAR
Rail carloads, at 209,319, fell 7.0% annually, and intermodal containers and trailers, at 254,429 units, rose 7.7% annually.

Cass Freight Index points to annual shipments and expenditures declines
April’s shipment reading, at 1.098, decreased 4.0% annually, and expenditures, at 3.227, were off 16.8% annually.


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