SCS Weekly Rundown | May 21st, 2024
A Sneak Peek At Logistics Peak Season
A supply chain survey shows cautious optimism in logistics despite uncertainty.
Logistics firms like C.H. Robinson and DHL note early, modest upticks in freight orders for
the peak season, reflecting cautious consumer spending. Experts emphasize the need for
robust planning and adaptability to handle potential disruptions and shifts due to a number
of global factors, underscoring the importance of operational flexibility.
Read the entire article here.
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The Risks of Oversupply and Rate Disparities
An extreme gap between spot and contract rates raises new reliability concerns.
The historic disparity between spot and contract trucking rates threatens service stability
as carriers might favor higher-paying spot market jobs in a tighter fourth-quarter market.
This situation puts shippers relying on low contract rates at risk of services interruptions.
Dive into the full story on this topic here.
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Why Unifying Tech & Supply Chains Matters
How integrating technology, planning and logistics can offer major growth potential.
Traditional supply chains are subject to inefficiencies and disruptions just by nature.
Unified supply chain platforms integrate data and processes across planning, sourcing,
manufacturing, and transportation, enhancing real-time decision making and overall
efficiency. While critical, it does require a human-centric approach to foster success.
Explore the details by clicking here.
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West Coast Trucking Academy Shutting Down
Toro Trucking Academy cites costs and regulatory challenges in bankruptcy filing.
Toro Trucking Academy, with locations all across the Pacific Northwest, including Kent,
Tacoma, and Portland, has ceased their operation and filed for Chapter 7 bankruptcy due
to increased regulations and fuel costs. The company, which had 11 drivers and 13 power
units, ensured that all students completed their training prior to closing.
Learn more about this story here.
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