Transportation capacity continues to contract at a record pace with rates climbing to historical levels, according to the September Logistics Managers’ Index.
Craig Fuller explains why supply chains are so messed up!
The Department of Transportation seeks “practical solutions” from the freight industry to alleviate container shortages and supply chain chokepoints.
The supply chain continues to be stretched as the peak shipping season bears down. Capacity declines further while rates soar, according to an August survey.
Growth rates throughout the supply chain cooled in May from recent record highs. However, the latest reading on transportation capacity stepped lower again.
In 2019 shippers crammed warehouses full of inventory coinciding with a stagnant freight market. As warehousing capacity tightens, could this contribute to the already tight transportation space?
STORD, which describes itself as a cloud supply chain company, has secured a $65 million funding round as it seeks to expand upon its logistics capabilities.
The January Logistics Managers’ Index moves higher as more firms take on inventory and delays throughout the supply chain further deplete transportation and warehouse capacity.
While the pace of growth in the supply chain cooled during December, transportation and warehouse capacity remains tight and prices are high.
Buying online and picking up in store puts massive pressure on redistribution centers.
