Decreasing inflation and interest rates driving consumer spending. Contract Logistics Market Growth Regionalized and Self-Sufficient Supply Chains Industry Trends Global Contract Logistics remains on track for 4.2% YoY growth in 2024 Global headline and core inflation fell in 2024 and is expect...
Get weekly insights into all things freight and logistics, delivered right to your inbox. Sign Me UpOpen the link in a new window Recent Articles Rising Ocean Rates: Preparing for an Early 2024 Ocean Peak Season Read the Article UPS recognized as a Leader in the 2024 Gartner®Magic Quadrant...
Regional Category Buyer, On & Off Site Logistics and Packaging Material Market intelligence gives us a critical business advantage. We use Xeneta ocean and air rates as the benchmark to all tender bids. The team checks if the rates they are negotiating are in line with the market level or ...
Over the past 6 months, the Freight Forwarding Experts have observed an increasing number of logistics executives resort to Ocean Freight LCL, because it addresses the 3 logistics trends that will not ease in 2022: 1. THE HIGHEST-EVER FREIGHT RATES Does 20 really equal 40? Over the ...
“Carrier profits are set to decline by as much as 80% by 2024, as new containers ordered during the pandemic become available, increasing capacity by as much as 20% over the next two years. However, rates are unlikely to return to pre-pandemic levels as long as fuel costs remain inflate...
From those we surveyed, brokers appear to have their eye on the next two to three quarters for the beginnings of a broader recovery as freight rates have likely reached a floor, and capacity continues to exit the market. "Overall, our survey confirms that while freight broker performance ha...
Freight rates increased in 2022 majorly due to high fuel costs, surge in trucking prices, and shortage of drivers Canada expands road network over 10 million km and strengthens port efficiency with an investment of USD 75 millionCanada Freight and Logistics Industry Overview The Canada Freight ...
management platform. That’s why we believe our freight index to be the most accurate real-time representation of market rates available. The rates are not polled or tweaked in any way, shape or form – they derive from the same live rates that top tier logistics providers are using ...
Tip: Get quality service at negotiated rates. Prepare your supply chain for the uncertain environment in 2022 and maximize your transportation spend by partnering with a logistics provider with proven experience. A 3PL with strong connections will give you access to a broad network ofqualified carrie...
Future-proofing Freight Procurementwith Michael Childs, Cardinal Global Logistics View Recording All Your Rates, Quotes and Schedules in One Place Procure, Manage and Quote Freight Prices (Including all Possible Ancillary Charges) in Less than 2 Minutes. ...