10 things eft’s been reading this week
This week we take a look at what appears to be unfolding nightmare for the US logistics sector in late 2019 as the effects of the Trump-led trade wars ripple throughout the sector.
West coast volumes crash in all modes. [Freight Waves]
Economic Forecast for Trucking: Gloomy with a Chance of Recession. [Material Handlng & Logistics]
How Trump’s Trade War Went From Method to Madness. [Bloomberg]
Port Report: LA port sees biggest October box drop in 24 years. [American Shipper]
“We Are In A Freight Recession”. [Railway Age]
AAR: 45 Straight Weeks of U.S. Traffic Downturn. [Railway Age]
Air cargo records eleventh straight month of demand decline: IATA. [FlightGlobal]
First in a decade: Trans-Pacific box trade to contract this year. [American Shipper]
‘Lose-lose’ trade war threatens 1.5 million jobs, $186 billion in economic activity, new study shows. [Logistics Management]
Carrier bankruptcies a sign of wider trouble or simply a few high-profile fleet closures? [CCJ]
To future-proof your business and understand how to compete in tough times book a ticket to the 3PL & Supply Chain Summit: Chicago.