Carol B. Tomé

Interesting Freightvine interview with Kelly Abney, Chief Logistics Office of the US Postal Service. In part of it, he talks about network changes in the USPS to bend the cost curve on delivery. For several years at Target, I was focused on designing Target's last-mile network for e-commerce ("Direct to Guest") deliveries, and USPS injection was a major component of the network strategy. Hearing about it from the other side was enlightening. Data Driven Supply Chain LLC https://lnkd.in/g-dEUsuz #lastmile #supplychain #ecommerce

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It will be interesting to see how they avoid the Bankruptcy Trustee from “Claw Back” of the previous transaction with Stord and Pitney. The Trustee will have a field day with this exit and the Creditor Committee!

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From Setup to Success: How LLC Formation Services Drive Business Optimization!

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From 43 billion tons to 102 billion tons over the last 15 years, the top ten cargo airports in the continental US have experienced growth far exceeding that of the GDP. CVG Airport - Cincinnati/Northern Kentucky International Airport, with a remarkable 44-fold increase in freight traffic, stands out as the fastest-growing freight airport. Meanwhile, airports like MEM - Memphis-Shelby County Airport Authority, SDF - Louisville Regional Airport Authority, and LAX - Los Angeles World Airports have sustained robust growth in cargo traffic, maintaining their positions as major hubs for logistics and trade. This surge can be attributed to several factors, including the rise of e-commerce, the globalization of supply chains, and the efficiency of air transportation. As these airports continue to invest in infrastructure and technology, they are poised to play an even more significant role in the global economy. Also in the top ten MIA - Miami International Airport, ORD - Chicago Department of Aviation (CDA) - O'Hare & Midway International Airports, IND - Indianapolis Airport Authority, ONT - Ontario International Airport, JFK - The Port Authority of New York & New Jersey and Dallas Fort Worth International Airport (DFW) Data Source: faa.gov

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🔄 Forward Air: Overcoming Acquisition Challenges 🔄 Forward Air faced a tumultuous Q1 post-Omni Logistics acquisition. Despite revenue growth, their operating ratio and financial stability have taken a hit. Shippers should be cautious as Forward Air navigates these challenges and looks to stabilize. 🚛📉 💡 Financial stability and strategic clarity are paramount when choosing a carrier. Assess how Forward Air’s ongoing adjustments align with your logistics needs. Their focus on margin improvement could signal a turnaround, but vigilance is essential. #Logistics #FreightManagement #Shippers #ForwardAir #SupplyChainStrategy #GMNLogistics https://bit.ly/3yRxpqT

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The air freight industry experienced unexpected growth in May, primarily driven by e-commerce: https://lnkd.in/eV74ChWV This surge was notable during a typically slow period for air cargo, indicating a recovery from previous downturns. The rise in demand for air freight was further stimulated by challenges in ocean shipping reliability and significant e-commerce activity from major Chinese platforms. This trend is contributing to a competitive environment for air cargo space, particularly on routes from Asia to North America and Europe. The unexpected growth in airfreight underscores the need for efficient and reliable logistics solutions, particularly for those engaging in international trade. COGISTICS Transportation is able to support businesses in capitalizing on this surge. With our expertise in managing complex air cargo logistics, including securing cargo space and handling customs documentation, COGISTICS Transportation ensures that your shipments are expedited efficiently despite global transport challenges. https://lnkd.in/gPtfzJTx

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Angel V. R., president of ASF Air, reports on #airfreight capacity, rates, and growth, and what shippers should consider and plan for the remainder of 2024. The air freight market is on an upswing. The momentum from the first half of this year is not only expected to continue in the 2nd half, but it is also anticipated to increase in demand. This increase in demand has the potential to create a further imbalance in capacity. Historically for the most part, 2H usually experiences stronger demand due to seasonality – typically during retail peak from July to October and even up to early November. Although ecommerce drove most of the demand YTD for airfreight out of CN to the US and EU, general cargo is also seeing incremental increases as well. Add the current geopolitical stresses around the world along with ocean transportation routing challenges for traditional ocean movements, and the 2nd half of 2024 will be anything but uneventful. These added challenges to traditional ocean routes have created what some call “artificial air demand” which are orders that were planned for ocean but converted to air due to the lengthened lead times. Challenges that can be easily managed when shippers partner with an experienced and trusted forwarder. All these events impacting supply and demand have also impacted economics,  as one may suspect. Air freight rates have continued to rise since the beginning of this year, even now during what is traditionally known as “slack season” and are expected to not stop increasing as we enter the second half. Read the full Blog here: https://lnkd.in/ePkUuP3m #humanstandard #logistics #forwarding #airfreight

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