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Logistic Management News

  1. On the heels of an active March, which largely saw notable gains for spot market load volumes and rates for van and reefer equipment, that were driven by various factors, including urgent orders, or restocking, of retail goods, due to the ongoing coronavirus pandemic, spot truckload volume and rates saw significant declines from March 30-April 4, according to data issued this week by DAT.
  2. A letter to Congressional leadership from AASHTO calls for increase surface transportation funding.
  3. The Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) said yesterday that its national emergency declaration to provide hours-of-service regulatory relief to commercial vehicle drivers transporting emergency relief in response to the nationwide coronavirus (COVID-19) outbreak has been extended through May 15, 2020 or until the revocation of the Presidentially-declared COVID-19 national emergency.
  4. The baseline demand scenario painted by Drewry’s “Container Forecaster” analysts foresees a demand collapse in the first nine months and recovery from 4Q20.
  5. Total March POLA volume—at 449,568 TEU (Twenty-Foot Equivalent Units)—saw a 30.9% annual decline, and total March POLB volume—at 517,663—slipped 6.4% annually.
  6. Job satisfaction took a hit this past year, as more logistics managers were loaded with additional tasks and business objectives. Salaries continued to climb, however, suggesting that demand for these skill sets has never been higher.
  7. Citing a source, the report said that this program, which is only currently available in only a few United States markets, is being suspended, due to Amazon needing “people and capacity to handle a surge in its own customers’ orders,” adding that Amazon plans to bring on 100,000 warehouse workers and is intent on “shipping essential items during the coronavirus outbreak.”
  8. During the ongoing coronavirus, or COVID-19 pandemic, SAP, the global leader in enterprise application management software has taken measured steps to enable shippers and suppliers hustle to respond to urgent fulfillment requests.
  9. As we noted in yesterday’s edition, Analysts for Drewry’s “Container Forecaster” observe that the outbreak of coronavirus (COVID-19) has laid bare the fragility of humankind and the supply chains that help us to live as we have become accustomed.
  10. NRF Vice President for Supply Chain and Customs Policy Jonathan Gold noted in the report that even with factories in China getting back online, there still remains fewer U.S.-bound imports than were initially expected.

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