Blog – Analysis and Commentary for Logistics Transportation, Distribution, Trucking and Freight Sector – August 2023 Summary: Freight costs have come down over the past month or so. However, there are still concerns with cost of diesel as well as transportation sector moving towards cleaner fuel. Container ships continue to look at capital acquisition plans as part of moving to net zero. https://www.bloomberg.com/news/articles/2023-08-10/shipping-ceo-sees-green-shoots-says-container-rates-must-rise#xj4y7vzkg or https://www.reuters.com/business/energy/us-diesel-prices-surge-anticipating-soft-landing-kemp-2023-08-11/ Ports continue to look at ways to automate their operations as part of improving throughput - https://www.linkedin.com/posts/paul-young-055632b_seaports-to-deploy-over-370000-agvs-by-2030-activity-7095732226083983360-Id6x?utm_source=share&utm_medium=member_desktop Class 8 truck orders continue to see wild swing in terms of orders - https://www.bulktransporter.com/equipment/trucks/article/21271005/class-8-orders-rise-modestly-in-july-but-exceed-expectations Trailer orders seem to be picking up steam - https://www.actresearch.net/resources/blog/northamerica-commercialvehicle-forecast-blog Mergers and acquisitions continue to pickup steam - https://insurance-portal.ca/damage/hub-international-acquires-commercial-transportation-specialists/ Sources and links: Class 8 Truck sales - https://www.ttnews.com/articles/july-class-8-sales-rise Producer Price Index - https://www.saltwire.com/nova-scotia/business/strong-services-drive-us-producer-prices-higher-in-july-100882125/ Supply chain - https://gulfbusiness.com/reimagine-supply-chain-using-smart-technologies/ Ports - https://www.hapag-lloyd.com/en/services-information/operational-updates/north-america.html Container ships - https://www.tbsnews.net/bloomberg-special/taiwan-tensions-raise-risks-one-busiest-shipping-lanes-469990 ESG - https://www.hellenicshippingnews.com/aal-advocates-for-transparent-sustainability-reporting-as-it-releases-first-public-esg-record/ ESG - https://www.jbhunt.com/our-company/newsroom/2023/08/j-b-hunt-esg-2022-sustainability-report Port Automation - https://www.benzinga.com/pressreleases/23/08/33733333/smart-ports-market-is-booming-worldwide-117-pages-report Safety - https://weeklyvoice.com/nikola-recalls-209-battery-ev-trucks-over-fire-concerns/ Warehousing - https://www.ioptimizerealty.com/blog/anticipating-the-squeeze-warehouse-space-availability-may-tighten-in-2024 Rail car loading - https://www.tipranks.com/news/the-fly/north-american-rail-traffic-down-3-for-the-week-ending-august-5 Scope 3 – trucking - https://www.maersk.com/news/articles/2023/08/07/improve-last-mile-sustainability-in-fmcg-logistics