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DAT Releases 2023 Freight Focus Report

Fastener News Desk

DENVER–(BUSINESS WIRE)–From new consumer buying patterns to dramatically higher costs for fuel and labor, truckload freight professionals faced fresh challenges in 2022 that have led to a more measured, data-driven approach to 2023, according to a new annual report published by DAT Freight & Analytics.

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2022 Manufacturing Benchmarking Report

Manufacturer's Monthly

Grant Thornton has released its 2022 Manufacturing Benchmarking Report, which reports overall sales growth in 2022 following 2020’s decline in sales numbers due to the COVID-19 pandemic. The 2022 Manufacturing Benchmark Report also recorded staff costs as a percentage of sales, which are between 1 and 1.7 per cent in 2020.

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E2open’s Ocean Shipping Index Reveals Notably Improved Cross-Ocean Transit Time for Global Freight Deliveries

MEM

Companies can use this data to make informed decisions on when to book ocean freight. This report is one of several benchmark reports available from e2open to help companies navigate increasingly complex global supply chains. Based on information from e2open’s business network, encompassing 420,000 connected enterprises managing 13.5

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Launch of the Australian Railway Research and Innovation Network

Manufacturer's Monthly

We can build on the capabilities of Australian manufacturing to design and construct efficient, modern, low emission rolling stock that will carry Australians and freight for decades to come. Adopting targeted research and innovation has already transformed Australia to become the global benchmark for heavy haul railways.”

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The decarbonisation goal: UK road transport’s journey to sustainability

SMMT

From April 2024, all United Pallet Network (UPN) palletised freight deliveries handled by members across its UK-wide partner network have been carbon neutral, under a carbon offsetting scheme. This way, they can have peace of mind that their products are not only being transported from A to B safely, but also more sustainably.”

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Fastener Distributor Index (FDI) | August 2023

Fastener News Desk

per part” and “Inflation is impacting many of the traditional costs of distribution in USA including labor and freight. Product sourcing prices in Taiwan are up 6%, China is slightly down, and containerized freight is down. We have lost orders for less than $0.25 Customers are flat and building to order vs. inventory.”

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Fastener Distributor Index – November 2022

Fastener News Desk

Additionally, supply chain constraints continued to ease, with noticeable improvement in ocean freight times commented on by multiple respondents. The Fastener Distributor Index (FDI) was developed as a service to the fastener industry by the FCH Sourcing Network in 2012 to be a new benchmark for the fastener industry.