Industry Indicators: November 28th - December 4th
iLevel Logistics presents intriguing data that offers a snapshot of notable industry changes and events during the weeks of November 28th through December 4th.
What’s on the docket this week?
World problem – inflation, Truck tonnage, Quarantines in China, Drug and Alcohol Clearinghouse, Corporate executives out of step with public, Manufacturing demand strong, Container ships wait, Cost breakdowns for truck carriers, Drivers most significant barriers to hours utilized, and Asia to U.S. container rates on decline.
Inflation, a worldwide problem – particularly in the United States
Source: Pew Research Center
Truck Tonnage up in October
Source: DCVelocity
Quarantines in China make supply-chain problems much worse in U.S.
Source: AJOT
Drug and Alcohol Clearinghouse shrinks driver pool
Source: TransportDive
Speaking out about social issues? Corporate executives are out of step with the public.
Source: Brunswick group
Manufacturing demand continues to be strong
Source: AIER
Container ships wait in days
Source: SupplyChainBrain
Cost Breakdown for Truck Carriers
Source: SupplyChainDigest
Notice, fuel costs as share of total average marginal costs have dropped notably since 2012 while drivers’ wages and benefits have increased.
Asia to U.S. container rates are declining but still elevated
Source: TTNews
Manifest 2024 served as a reminder of the immense potential that lies ahead in the realm of supply chain technology.