The Value of Outsourcing Logistics: A Look Into 3PL Managing logistics can be a complex and costly endeavor, especially as businesses scale and their shipping needs become more intricate. This is where third-party logistics (3PL) providers come into play. 3PL providers streamline supply chains, cut costs, and boost scalability with...
Metrics for rail service are still lacking.
According to two rail service reports, rail service has improved since the service meltdowns seen in the first half of 2022, but more work is needed to return Metrics for rail service are still lacking to pre-pandemic levels. According to a report released Thursday, 78% of ACC members said rail...
Delta Air Lines’ cargo revenue is declining in a weak freight market.
Delta Air Lines' cargo revenue dropped 28% year-on-year in Q1, reflecting a weak freight market due to a slowing global economy, high inflation, the Ukraine war, and excessive retail inventories. The airline reported $209 million in cargo revenue for the quarter. Delta’s cargo business surged during the pandemic as air...