Industry Indicators: September 26th – October 9th
iLevel Logistics presents intriguing data that offers a snapshot of notable industry changes and events during the weeks of September 26th through October 9th.
What’s on the docket this week?
Shipping rate from Europe to East Coast, Supply-Demand disparity for Class 8, Americans’ views on booster COVID shots, Truck tonnage index, Americans’ views of supply-chain disruptions, Americans’ views of Biden’s vaccine mandates, Number of trucks added by carrier size, Flatbed capacity, AutoZone growth, Diesel prices soar, LMI index, Warehouse employment, Retail inventories, Trade deficit hits record, E-commerce share of retail market, Truckers prefer smaller fleets, Global energy consumption by source, Chip gap.
Shipping freight from Europe to East Coast
Source: MarineLink
Demand high for Class 8 but supply issues constrain new builds
Source: FleetOwner
Views on booster COVID-19 shots
Source: CNBC
Truck tonnage index rises in August
Source: MH&L
Americans aware of supply-chain disruptions
Source: Oracle
82% concerned that supply chain disruptions will ruin their life plans, such as birthdays and holidays.
77% more concerned now with the rise of the delta variant.
92% expect more supply-chain disruptions in the future.
62% are most fearful of out of stock items
91% plan to change their buying behavior due to supply-chain disruptions.
Americans’ views of Biden’s vaccine mandates
Source: AP News
Number of trucks added by carrier size – during pandemic March 2020-September 2021
Source: OverDrive
Flatbed capacity remains tighter than other trucking modes
Source: SupplyChainDive
AutoZone growing store and network
Source: SupplyChainDive
Diesel prices rise to levels not seen since 2014
Source: TTNews
LMI Index continues to reflect excellent growth
Source: DCVelocity
Warehouse employment rises above pre-pandemic levels
Source: SupplyChainDive
Retail inventories notably below typical levels
Source: SupplyChainBrain
U.S. trade deficit hits record in August – driven primarily by increases in imports of consumer goods/industrial supplies (73.3 billion deficit)
Source: Zububrothers
E-commerce share of retail market
Source: SupplyChainDive
Truckers prefer smaller fleets
Source: HDT TruckingInfo
Global energy consumption by source - history and projections
Source: cnbc
The wait from ordering a chip to delivery – keeps increasing
Source: SupplyChainBrain
Manifest 2024 served as a reminder of the immense potential that lies ahead in the realm of supply chain technology.