Trucking Industry Finding Balance
TL;DR: (Hey, we know you’re busy. So here’s just the highlights) Hurricane season 2023 kicks off with Hurricane Lee, which poses a significant threat to North American supply chains. IN FULL: FULL: The freight industry is showing signs of reaching an equilibrium after a tumultuous period, according to insights from a recent Morgan Stanley investor […]
Hurricane Season 2023
TL;DR: (Hey, we know you’re busy. So here’s just the highlights) Hurricane season 2023 kicks off with Hurricane Lee, which poses a significant threat to North American supply chains. IN FULL: The upcoming hurricane season, particularly the intensifying Hurricane Lee, poses a significant threat to American supply chains. Hurricanes have historically caused massive disruptions, as […]
Embark on The View From Jamestown
TLC’s Jameson Mielde breaks down the state of logistics on The View From Jamestown, Podcast Edition: Our Special Projects Manager sits down with The Chemical Company’s Ben Sawicki to discuss the current state of logistics.
Amazon Facing Challenges
TL;DR: (Hey, we know you’re busy. So here’s just the highlights) Amazon’s expansion plans have faltered with multiple distribution centers canceled or delayed. Despite a 2.4% Q1 growth in U.S. e-retail sales, Amazon faces challenges from inflation and a brick-and-mortar resurgence. The company’s real issue lies in warehouse operations, not space. IN FULL: Amazon’s ambitious […]
Trucking Industry Set to Rebound
TL;DR: (Hey, we know you’re busy. So here’s just the highlights) The trucking industry is rebounding, evidenced by a six-month high in tender rejections at 4%. A steady rise in freight volumes and a sudden 26% uptick in rejected tenders signal fewer trucks are available to move goods. As carriers leave the industry due to […]
YRC (Yellow Corporation) Out Of Service
The sudden shutdown of YRC, one of the largest LTL providers in the USA, is sending ripples across the logistics landscape: Position in the Market – YRC was the third-largest LTL provider in the US last year. Rate Increases – The surge in market volume is pushing LTL carriers to hike rates on average 5 […]
Rise in Freight Fraud and Protection Measures
The integration of digital platforms with everyday business operations is fueling a rise in freight fraud, which is now more prevalent than ever. Shippers and brokers can suffer significant financial losses due to this type of fraud. In the fourth quarter of 2022 alone, complaints about freight fraud experienced a 400% surge, resulting in an […]
Quick Economic Rebound Unlikely
The anticipated “quick economic rebound” and rise in import demand for the latter half of 2023 seems unlikely due to factors depressing domestic consumer spending and import availability. China’s manufacturing recovery and export capacity are weaker than expected, while weak consumer demand, increasing debt, and bank failures contribute to a credit crunch and expected recession. […]
Ocean Freight Rates Fall Along With Demand
Ocean freight demand and rates are falling despite efforts to mitigate decreased demand and capacity cuts. Uncertainty in consumer spending and overstocked inventories have reduced trucking demand and slowed inventory turnover, resulting in falling spot rates. The Logistix Company continues to prioritize optimal solutions, balancing contracted freight lanes and spot pricing for the best value. […]
TLC’s Hazardous Case Study
The Logistix Company was approached by a customer to produce a plan for the bulk processing and distribution of their product line of hazardous materials. The family of materials is notoriously difficult to transport, handle, and store due to its extensive requirements, including vapor control and neutralization, temperature control, oxygen intrusion prevention, and corrosive […]
