One year after the coronavirus pandemic first disrupted global supply chains by closing Chinese factories, fresh shipping headaches are delaying U.S. farm exports, crimping domestic manufacturing and threatening higher prices for American consumers.
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This report analyzes the global logistics market in terms of mode of transportation, logistics model, and geography. Based on mode of transportation, the global logistics market is segregated into roadway logistics, waterway logistics, railway logistics, and airway logistics. Similarly, on the basis of logistics model, the global logistics market is segregated into 1PL (Party Logistics), 2PL (Party Logistics), 3PL (Party Logistics), and other (4 PL etc).
The advancements in technology coupled with growing awareness regarding the benefits offered by supply chain management solutions among shippers bode well for the market growth. In addition, proliferation of e-commerce and consequent need for multi-channel distribution is aiding the logistics market worldwide. These factors are expected to contribute towards 6.5% CAGR during the forecast period 2020 - 2028. On the contrary, the limited workforce of truck d
One year after the coronavirus pandemic first disrupted global supply chains by closing Chinese factories, fresh shipping headaches are delaying U.S. farm exports, crimping domestic manufacturing and threatening higher prices for American consumers.
Shipper costs will rise more than 10 percent for intermodal service in certain US markets to support investment in new containers, drivers, and other equipment designed to ease the congestion woes seen last year, J.B. Hunt Transport Services said Tuesday.
Goldman Sachs, Janet Yellen, Tesla, Coherent, Netflix - 5 Things You Must Know Tuesday TheStreet 1/19/2021
Here are five things you must know for Tuesday, Jan. 19:
1. Stock Futures Trade Higher Ahead of Yellen Testimony
Stock futures were higher Tuesday as Janet Yellen, President-elect Joe Biden s nominee for Treasury secretary, prepared to tell Congress that lawmakers must do more to lift the U.S. economy out of the recession brought on by the coronavirus pandemic.
Contracts linked to the Dow Jones Industrial Average rose 189 points, S&P 500 futures were up 26 points and Nasdaq futures gained 116 points.
Yellen, who served as chair of the Federal Reserve from 2014 to 2018, will tell the Senate Finance Committee that Congress must act big on the next coronavirus relief package with borrowing costs so low.