Welcome to Logistics Management
The first quarter edition of the TD Cowen/AFS Freight Index, which was recently released by New York-based investment firm TD Cowen Inc. and Shreveport, La.-based 3PL and freight audit and payment company AFS Logistics LLC, highlighted how various freight transportation modes are handling various factors, including low demand, overcapacity, and pricing.
Top 25 Freight Forwarders 2023: Bumps ahead for freight forwarders
Sep 5, 2023 · While all major forwarders benefited roughly equally from the market conditions in 2022, Armstrong & Associates, Inc.(A&A) finds in its 2022 ranking of the Top 25 Global Freight Forwarders by gross logistics revenue that 18 of these forwarders achieved revenue gains.(See chart: A&A’s Top 25 Global Freight Forwarders.)
Top 25 Freight Forwarders: Top forwarders continue to sail …
As if 2021 wasn’t bad enough, 2022 is presenting additional layers of disruption to global freight markets with further COVID-related lockdowns, especially in China; Russia’s invasion of Ukraine; exceptionally strong increases in energy prices; heightened competition for talent; and inflation and recession worries that are hitting multiple geographies and supply chains at different ...
Global Logistics: Challenges in our changing world
What a year. The COVID-19 pandemic set in and made a massive impact on global trade and amplified existing logistics challenges around the world; lockdowns triggered rapid growth in e-commerce, putting additional strain on already strained freight networks; and a last-minute Brexit deal was finally reached following a few chaotic weeks at the UK border.
Top 50 Third Party Logistics (3PLs) Providers 2024: Not out of the ...
Jun 1, 2024 · Last year proved to be challenging for third-party logistics (3PLs) providers. Transportation rates plummeted, fuel prices skyrocketed, retaining and attracting talent became difficult, warehouse space tightened, rules and regulations increased, competition surged, and the supply chain faced frequent disruptions.
News and Resources - Logistics Management
Latest Logistics Management News. As the days of slow, invisible supply chains that “worked behind the scenes” continue to fade in the rearview mirror, companies are improving their demand forecasting, gaining real-time visibility across their networks and streamlining their operations—and its software that makes that all possible.
2023 Logistics Salary Survey: Strong numbers, high demand
Apr 3, 2023 · Our survey says that 67% of logistics and supply chain professionals are earning more this year than they did in 2022. Here’s how the numbers break down, who’s earning what and what companies are doing to attract and retain logistics and supply chain talent.
Top 50 Trucking Carriers 2022: Pedal to the metal
Apr 1, 2022 · In the mid-1990s, a trucking entrepreneur named Bob Robertson, then ascending to the top ranks of the industry as chief of Con-way Inc., turned some heads with a statement that every trucking executive should have memorized.
Top 30 Ocean Carriers: Riding high on wave of profits
This is a time of highly disrupted supply chains compounded by cascading issues. Yet ocean carriers are riding a high wave of unprecedented record profits. Maersk, now the world’s second largest shipping company, reported second quarter 2022 revenues of $21.7 billion, marking a 52% increase compared to the same period of 2021.
Top 50 Trucking Companies: The strong get stronger
COVID-19 effects. The effects of the pandemic tested all of trucking operations last year, and continue to this year, say trucking veterans. Derek Leathers, vice chairman, president and CEO at Werner Enterprises, the nation’s 7th-largest truckload (TL) carrier, says planning was “clearly one of the more difficult challenges” that he’s faced in his career.