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 […]
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 […]
February Marks Lowest Imports Since 2020
February is shaping up to be the slowest month for imports since May of 2020. February is traditionally a slow month for logistics businesses, but reports are showing that imports are currently breaking record lows. According to data from Descartes, a company specializing in logistics tracking software, January was the highest month-on-month gain for U.S. […]
Storage Space Rent to Rise in 2023
Inventories in warehouses are high, and experts are not expecting anything less any time soon. Demand for storage space remains firm, according to Prologis, a logistics real estate company. Prologis projects that rents for these inventory spaces to increase 10% in the U.S. in 2023 and about 9% globally. Even with these numbers, the company […]
Trucking Jobs Affected by Freight Levels
Driver recruitment is predicted to slow into the first quarter of 2023 as freight demand continues to return back to pre-pandemic levels. With the previous efforts to raise compensation in order to entice drivers to stay in their jobs, as well as to appeal to new drivers, trucking companies anticipate allocating funds away from recruiting […]
