Shippers/3PLs
Retail Dive Daphne Howland July 13, 2023
• Amazon on Thursday said that July 11, the first day of its Prime Day sale, was the single largest sales day in its history. The e-commerce giant didn’t provide revenue numbers for the two-day event, but said Prime Day shoppers saved more than $2.5 billion
worldwide, surpassing previous Prime Days.
• It was a record event for U.S. e-commerce in general. Along with competing sales at other retailers, Prime Day this year helped push U.S. e-commerce up 6% year over year on July 11, and 6.4% on July 12, according to Adobe Analytics. Across both days, U.S.
online sales rose 6.1% to $12.7 billon, Adobe found.
• More than half of Prime Day shoppers said they purchased items they’d been holding off on buying until they were on sale, according to research from Numerator. Many stocked up on everyday essentials rather than buying larger ticket items, according to Numerator
Analyst Amanda Schoenbauer.
Link: Amazon Press Release First Day of Prime Day was the Single Largest Sales Day Ever
on Amazon, Helping Make This the Biggest Prime Day Event Ever
Related: Digital Commerce 360 Prime Day 2023 was Amazon's most successful yet with $12.7
billion spent
Transport Dive Larry Avila July 13, 2023
Experts said pinpointing when demand will return is the question both shippers and carriers want answered. Noel Hacegaba, deputy executive director of the Port of Long Beach, said inventory levels remain high at warehouses near the West Coast port, while traditional
holiday peak activity that would normally be starting now hasn’t materialized.
“What we considered traditional peak and traditional holiday surges, we’re not seeing that,” Hacegaba said.
The Journal Of Commerce Jeff Tucker July 13, 2023
Subscription-Based
In today's increasingly cyclical truckload market, savvy shippers are proactively constructing resilient and durable transportation networks to better scale the next capacity crisis.
By reassessing truckload procurement strategies and embracing an increasingly diverse and decentralized marketplace, they are fortifying their supply chains against disruptions and blown budgets. This strategic approach both equips shippers with the agility
to handle the ups and downs of the market and positions them favorably to seize opportunities and emerge victorious during the next capacity crisis, which gets closer by the day.
May 2022 saw a peak in the number of US drivers and for-hire motor carriers, but since then, the trucking industry has faced weak demand due to factors such as inflation, increased spending on travel and entertainment, higher interest rates impacting home buying
and the normalization of supply chains disrupted by COVID-19. There’s been a notable decline in both carriers and drivers, but also a decline in demand.
As a result, the market now experiences an unusual driver surplus. Yes. You read that correctly.
Industry
Transport Topics Keiron Greenhalgh July 13, 2023
U.S. Class 8 retail sales in June rose 7.7% compared with the year-ago period, but slid marginally compared with May, according to Wards Intelligence.
Class 8 sales for the month totaled 24,085 units, up from 22,358 in June 2022 and down 0.1% from the 24,111 sold in May. In the first half of 2023, Class 8 sales rose 21% to 135,802 from 112,255 in the same period in 2022.
Daimler Truck North America’s Freightliner brand took the largest market share with 8,991 trucks sold in June, accounting for 37.3% of all sales in the most recent month, compared with 8,129 trucks in the same period a year earlier.
Transport Topics Noel Fletcher July 13, 2023
“EPA’s proposals inhibit the marketplace from identifying the most efficient, lowest cost opportunities to reduce GHG [greenhouse gas] emissions from vehicles and greatly restrict consumer choice. We are concerned that such a prescriptive policy is not in the
best interest of the consumer or of U.S. energy and economic security,” the letter noted.
The letter contended that EPA’s approach fails to consider future emission reductions by accelerating the turnover of existing fleets to advanced diesel technology and using more renewable fuels to improve vehicle emissions faster and at a much lower cost while
zero-emission heavy-duty electric and fuel cell vehicles as well as infrastructure are being developed, tested and deployed.
Government/Safety/Sustainability
DC Velocity July 13, 2023
The federal government has launched a safety effort aimed at reducing and preventing workplace hazards in warehouses and distribution centers (DCs), largely in response to the proliferation of those facilities nationwide in the past 10 years.
The “national emphasis program” will be run by the Department of Labor’s Occupational Safety and Health Administration (OSHA) and will also target mail and parcel processing facilities, as well as local delivery and so-called “high-risk” retail establishments.
In making the announcement Thursday, the labor department said there are more than 1.9 million people employed in warehousing and distribution, and cited Bureau of Labor Statistics data that show higher than average rates of injury and illness in the industry.
In some segments of the industry, those rates are more than twice the rate of incidents in private industry overall, according to BLS data.
Link: OSHA Department of Labor announces national emphasis program aimed at reducing, preventing
workplace hazards in warehouses, distribution centers
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