Industry Indicators: August 1 - 14th
Industry Indicators: August 1 – 14th
iLevel Logistics presents intriguing data that offers a snapshot of notable industry changes and events during the weeks of August 1st through the 14th.
For the last couple of weeks, iLevel collected several interesting data from various industry news sources. Let’s take a look.
What distracts drivers before a crash? Talking on the phone!
Source: CCJ
Amazon’s growing logistics network
Source: SupplyChainDive
Amazon’s investments grow and expand considerably relative to competition.
Overtime, investments reduce the distance to consumer.
But more investment is needed as Amazon lags other logistic companies.
Distribution companies say recruitment top concern.
Source: TransportDive
And they rely mostly on compensation incentives to attract and retain drivers.
Container Ordering – at all-time high.
Source: Vessels Value
This figure shows container newbuilding ordering for the first half of each year.
The New Panamax type is most favored container.
Skills companies focus on to build better post pandemic workforces.
Source: McKinsey & Co
New Covid outbreaks in China increases problems for port congestion in California.
Source: MorethanShipping
Bottlenecks will persist.
Order volumes from manufactures rise – outpacing invoices.
Source: SupplyChainDive
Growing demand and supply chain difficulties result in notable backlog of orders. To protect their supply, buyers are over-ordering in hopes some supply continues to flow through the bottlenecks.
Freight volumes return to pre-pandemic levels in July but costs soar
Source: CNBC
Shipment volume nearly the same as in July of 2019 - .5% higher. However, expenditures, a measure of cost of shipping, was about 23% higher than in July 2019.
Quit rate by industries and average pay.
Source: USA FACTS
Not surprisingly, lower pay produces higher quit rates – see Leisure and hospitality.
That’s all for this week. Thanks for reading.
