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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
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
Supply chain slowdown hits at key pillars of economy and will likely get worse: Dan Yergin
Supply chain slowdown hits at key pillars of economy and will likely get worse: Dan Yergin
Pressures on global supply chains are increasing and disruptions are likely to only get worse as summer approaches and the economy booms.
Supply chain slowdown hits at key pillars of economy and will likely get worse: Dan Yergin