We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • ProMat 2023
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • ProMat 2023
    • Upload Your Video
Home » April freight stats show “substantial recovery” from post-Covid delays, project44 says

April freight stats show “substantial recovery” from post-Covid delays, project44 says

But on-time deliveries of full truckload cargo remains far below pre-pandemic levels.

p44 Screen Shot 2023-04-11 at 12.22.48 PM.png
April 11, 2023
DC Velocity Staff
No Comments

The kinks and wrinkles that have bedeviled many pandemic-era logistics flows are finally beginning to get ironed out, according to data from supply chain visibility provider project44 that shows an April trend towards a “substantial recovery” from post-covid disruptions.

Among other data points, project44 found an 8% improvement in on-time truckload (TL) deliveries since November 2022. That data came from the “State of Full Truckload-April” section of the Chicago-based firm’s April 7 Supply Chain Insights report.

Despite that improvement, full truckload performance in the U.S. has not yet recovered to pre-Covid levels. “Prior to Covid-19, less than 20% of all loads were late. In the post-Covid environment, we have yet to see numbers return to these levels. In November 2021, we saw a low of 69.3% on-time loads. Thankfully from there, the market has steadily increased back to 77% in March 2023. This rate is still 11% lower than pre-Covid, but it is an 8% improvement from November 2022,” the firm said.

By another measure, February 2023 was the highest on-time performance in February for the past three years, and 2023 continues to be substantially better than 2022. “It appears that the worst is over, but there is still a long road to recovery,” the report said.

Project44 also tracked an improvement in ocean freight processing, noting that import dwell time decreased significantly from March 2022 to March 2023 across the Port of Los Angles (5.2 to 3.4 days), Port of Long Beach (5.9 to 2.5 days), Port of Houston (4.0 to 2.5 days), Port of Savannah (3.1 to 2.2 days), and Port of New York (3.9 to 2.0 days).

The firm defines “import dwell” as “the time from when a container arrives to its origin port to when it departs on a vessel,” according to the “State of Ocean-April” section of the same report.
 
 

Containers Truckload
KEYWORDS project44
  • Related Articles

    Industrial businesses gearing up for post-pandemic rebound, sourcing stats show

    Commercial freight tonnage slumped in March, DOT stats show

    Trucking freight tonnage slumped in July, ATA stats show

Recent Articles by DC Velocity Staff

Forecast: demand for picking robots to jump by 2030

Vice grip on industrial real estate space loosens slightly, Cushman & Wakefield says

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Port of Oakland reports slow February container volumes as retail activity sputters

  • Freight downcycle is closer to the end than the start, ACT says

  • Investments in supply chain tech set to see big jump

  • As the pandemic’s turmoil subsides, 3PLs look to find their footing

  • 50% of shippers have increased their 3PL spend in past two years

Now Playing on DCV-TV

1836e6ba 6ada 4a2c a8cd 28be95bf2af3

AGVs Eliminate 48% of Process Defects, Improve Safety at DENSO

DCV-TV 4: Viewer Contributed
As the second largest automotive parts supplier in the world, DENSO Corporation, ships to numerous top brand car manufacturers including Honda, Subaru, Toyota, Nissan, Ford and GM. To transform their primarily manual operation, DENSO had two primary objectives in mind, to overcome labor shortages and improve...

FEATURED WHITE PAPERS

  • Steel King: 10 Most Frequent OSHA Citations and How to Be Prepared

  • Five tips for parcel success in 2023

  • Education Series: How, When and Why to Use XR Wearables in Your Industrial Business

  • The Future of Fleet Management: 5 Trends and Influences That Will Drive Logistics in 2023

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing