Karen Betancourt, former vice president of enterprise logistics with Cardinal Health, summarizes takeaways from the Global Supply Chain Marketing Summit, presented by SupplyChainBrain and CSCMP.

A 10-day strike of 340,000 workers would reportedly result in over $1.1 billion in lost direct wages and more than $7 billion in total economic losses.

The new service includes before-and-after 3D noise mapping audits that can help businesses reduce noise in their facilities by up to 15 decibels.

The volumes for June 2023 were just 5% lower than the port's all-time monthly cargo handling record, which was set in June 2022.

As of July 11, Boeing has reportedly delivered 266 aircraft to consumers, which is less than the delivery output recorded by Airbus through 2023.

More than $855 million of the investment will go toward constructing offshore wind turbine production facilities, which will be completed by 2027.

Through the new offering, companies will be able to ship parcels from coast-to-coast in the U.S. in as little as two to five business days. 

Cargo import volumes in the United States are expected to increase to 1.94 million units during July followed by 2.03 million units in August.

Output dropped 0.2% from April to May 2023 as a decline in pharmaceuticals outweighed more vehicle manufacturing, according to the Wiesbaden-based statistics office.

Inventory levels in the logistics industry, which recorded a score of 42.9 during June 2023, are contracting at the second-fastest rate in LMI history.