We are very excited to announce the launch of the “SUPPLY CHAIN INSIDERS NEWSLETTER” with news, insights, analysis, and resources that help move the supply chain industry forward.
💡Please Subscribe on LinkedIn:
https://lnkd.in/gCNyfZby
✅ A Few Highlights from the 1st Newsletter: “Analyzing Peak Retail Shipping Volumes in 2023 versus 2024: A Tale of Two Seasons“
- The National Retail Federation's data showed increased consumer participation in 2024, with 183.4 million shoppers during Thanksgiving through Cyber Monday, surpassing 2023's record.
- In 2024, U.S. holiday retail e-commerce sales reached a record-breaking $271.58 billion, a 9.5% increase from the previous year.
- According to Mastercard SpendingPulse, total retail sales increased by 3.8% from November 1 to December 24, surpassing forecasts.
- During the peak season, carriers were expected to deliver approximately 85 million packages daily.
- USPS scaled up to process 60 million packages daily during peak weeks.
DAT Freight & Analytics national spot rates showed:
- December 2024 at $2.11 per mile, an 8-cent per mile increase from the previous month.
- January 2025 first week at $2.18 per mile continuing the upward trend into the new year.
To your success,
Andy Hedrick - CEO
GreenPathTech.com & TruckingTowerLeads.com
#supplychaininsights #trends #analysis