The Logistics Lifeline | Oct. 2024

?? What's Haunting the Freight Market This October?

In this month's Logistics Lifeline, chaos from the ILA strike has died down, but its ghost still lingers over the ports covered in our October Port Rail Ramp Index. While the strike was short-lived, the cargo backlogs are taking weeks to clear, keeping operations in an eerie limbo.

? Expect continued West Coast port congestion from Red Sea diversions and strike-avoidance rerouting.

? Expect possible rail congestion on the West Coast due to increased IPI volumes.

Read the full report for updated marine terminal conditions across the U.S.

??Recent East and Gulf Coast port disruptions highlight the growing need for collaboration and real-time data to keep supply chains moving smoothly.

As a proud partner of the Freight Logistics Optimization Works (FLOW) program, ITS Logistics leverages ContainerAI to help shippers avoid costly delays.

Our Q3 Distribution + Fulfillment Index highlights significant U.S. warehousing and logistics trends, including a 6.4% rise in industrial vacancy rates.

?? Key takeaways from Q3:

• Pricing pressures are building as new developments outpace demand growth in major markets.
• UPS and FedEx peak season surcharges are now in effect, making this the ideal time to review your shipping strategies for the holiday season and beyond.

?? As we approach 2025, will market demand rise to meet the increasing supply? Explore the full report for detailed analysis and trends across U.S. warehouse markets.

???? With labor disputes and hurricanes shaking things up along the U.S. East and Gulf Coasts, shippers are strapped for capacity in a tight market.

Discover how ITS Logistics keeps things moving smoothly with strong carrier partnerships and proactive planning—even when the market feels like a haunted house.

CSCMP Edge 2024 was a scream! ??

If you caught our panel with Josh Allen, Bridgestone Americas, and Amazon, you heard how 3PLs are adding value through investments in technology, capacity, and culture.

Craig Pettit from Bridgestone nailed it: "Agility is key. That's why working with ITS is like having a secret weapon—nimble and ready with the right assets in place."

Curious about the full value of people, tech, and assets? Watch the panel for exclusive insights!

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