Everything You Need to Know About Third-Party Logistics Written by Chloe Harris Read Time: 7 Minutes Third-party logistics organizations have been in existence for decades, providing a host of services for organizations in every industry. However, third party logistics is not just for large companies — it’s something that also has many benefits for small…
US Consumer Continues to Spend RedStone Resource September 16, 2022 Inside This EditionFalling Maritime Rates as Global Supply Chain Faces Continuing Hurdles Maritime rates around the world continued their deceleration trend as China and Europe both start to face industrial production challenges. The global supply chain situation is getting more complex by the week as…
China’s Drought Intensifies, Rekindles Global Supply Chain Uncertainty RedStone Resource September 2, 2022 Inside This EditionCass Freight Shipments Index Shows Mixed Conditions in July The Cass Freight Shipments Index showed some mild deceleration in July, slipping by 1.7% month-over-month. However, it was still trending just slightly higher on a year-over-year basis rising by 0.4% Drug…
Global Supply Chain Pressures Index Remains High for Shippers RedStone Resource August 17, 2022 Inside This EditionGlobal Supply Chain Pressures Index Remains High for Shippers The New York Federal Reserve released its latest Global Supply Chain Pressures Index and it came in at 1.84, which is still historically high when compared to data stretching back…
RedStone Logistics Named to Inbound Logistics Top 100 3PL List for 2022 Written by Gregory Reid Read Time: 3 Minutes RedStone Logistics announced today that it has been recognized for the second consecutive year as a Top 100 3PL Provider by Inbound Logistics, a leading logistics industry publication. Each year, Inbound Logistics editors select…
Global Maritime Shipping Rates Easing, But Remain Historically High RedStone Resource August 3, 2022 Inside This EditionGlobal Maritime Shipping Rates Easing, But Remain Historically High There are many sources showing a year-over-year chart of containerized shipping rates between Asia and the US and those charts show the rate plummeting. But this, and many metrics across…
Cass Freight Index Shows Shipments Remain Steady RedStone Resource July 19, 2022 Inside This EditionChina’s Yuan Hits Lowest Levels Against the Dollar Since 2008 The June Supply Chain Pressures Index produced by the New York Federal Reserve still came in hot for June, despite some slight deceleration from May levels. The reopening of China in…
Despite China COVID Lockdowns Earlier, Container Volumes Still Near Record Levels RedStone Resource July 1, 2022 Inside This EditionContainer Freight Rates Dropping, Still Historically Elevated There are many questions about the drop in freight rates to ship containers between key ports around the world. Obviously, economic slowing is partly at play here. But the other…
Federal Reserve Hikes Rates 75 Basis Points RedStone Resource June 17, 2022 Inside This EditionInventory to Sales Ratios Remain Balanced The latest data on the inventory to sales ratio for most sectors of the freight economy came in slightly higher than prior, but they remain historically lower. For instance, the national inventory to sales ratio…
Manufacturing Remains Stable in May RedStone Resource June 2, 2022 Inside This EditionConsumer Confidence Softens Slightly in May There are several different consumer confidence measures in the industry, but the one from the Conference Board is a good representation of a stable measure that has been reactive to various economic conditions over the years. The…