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U.S. business logistics costs fall 4% in pandemic year of ‘chaos,’ new study finds - Logistics Management
U.S. business logistics costs fall 4% in pandemic year of ‘chaos,’ new study finds - Logistics Management
U.S. business costs, buffeted by a COVID-decimated year of “chaos” worldwide in 2020, fell 4% to $1.56 trillion. That amounted to 7.4% of Gross Domestic Product (GDP), nearly an all-time low, according to a new authoritative report on the logistics sector.
U.S. business logistics costs fall 4% in pandemic year of ‘chaos,’ new study finds - Logistics Management
4 Indicators that the Reuse and Resale Market Is on the Rise
4 Indicators that the Reuse and Resale Market Is on the Rise
More companies are working toward a circular economy, potentially indicating a critical shift from rapidly buying more new stuff to supporting reuse, repair and resale. Such a shift could create a turning point that puts consumerism on a more sustainable path.
4 Indicators that the Reuse and Resale Market Is on the Rise
April Cass Freight Index Report posts strong gains against mild annual comparisons - Logistics Management
April Cass Freight Index Report posts strong gains against mild annual comparisons - Logistics Management
The report’s shipment reading—at 1.178—saw a 27.6% annual gain, which outpaced March’s 10% annual increase, and was down 3.1% compared to March on a seasonally-adjusted (SA) basis. On the spend side, Cass reported that April expenditures—at 3.452—headed up 45.1% annually, setting a new record and topping March’s 27.5% annual increase, and saw a 1.1% SA gain compared to March.
April Cass Freight Index Report posts strong gains against mild annual comparisons - Logistics Management