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Supply Chain by the Numbers

- Nov. 30, 2023


Supply Chain by the Numbers for November 30, 2023


Amazon is again Number One in Parcels; Biden's 30 Point Supply Chain Plan; Lineage Logistics may be Planning Big IPO; Carriers Paying for Shrinking Panama Canal Spots


5.9 Billion

That’s “billion” with a B – and how many parcel Amazon says it will handle in the US in 2023, keeping it far ahead of both FedEx and UPS. That according to the Wall Street Journal in an article this week, based on documents its reporter saw in recent weeks. That total, by the way, would be up 13.5% from the 5.2 billion Amazon delivered in 2022. It also is far more than UPS, which expects to carry about 5.3 billion this year. FedEx said its Express and Ground parcel shipments were roughly 3.05 billion for its fiscal year ended May 31 of 2023. The Journal says Amazon first surpassed UPS in total parcels in 2022 and FedEx in 2020, after FedEx didn’t renew its Amazon contracts in 2019. The largest parcel carrier by volume is actually the US Postal Service, whose numbers include performing last mile delivery services for Amazon, UPS and FedEx.


$30 Billion

That is the expected valuation of a rumored IPO coming from cold storage 3PL Lineage Logistics. Not bad for a company with net revenues of $4 billion in 2022 in a sector generally known for low margins. Both Bloomberg and Transport Topics reported this week that Lineage and its advisers are talking to potential investors about supporting an IPO that may take place as soon as the first half of 2024, according to the people, who asked not to be identified discussing non-public information. Lineage has more than 400 temperature-controlled storage facilities totaling over 2 billion cubic feet of capacity in North America, Europe and Asia. The company’s closest rival, Atlanta-based Americold, operates more than 240 facilities, which account for about 1.5 billion cubic feet of storage. There has been a shortage of cold storage space in recent years.





That is how many steps President Joe Biden announced this week that the federal government will take to improve US supply chains, as Biden opened the first meeting of the new supply chain resilience council. The actions include steps to encourage US manufacturing, especially for products deemed strategic, such as pharmaceuticals and semiconductors. Ocean carriers and related services company are beginning to use new data resources from the Transportation Department on global logistics. At least 11 of the steps deal specifically with the domestic supply of renewable energy. Relative to building a better domestic capability for semiconductors, some experts are noting that the US relies heavily on imports of rare earth elements from China key to making chips as well as a number of others product categories, including defense. The House Energy and Commerce Committee last week published a letter stating China has begun cutting off American access to some of those elements.



$235 Million

That is how much shipping companies have paid so far this year to jump ahead of a backlog of congestion at the Panama Canal, according to data from shipping agency Waypoint Port Services Ltd. That’s 20% higher than the fees paid for all of last year. Faced with severe drought caused by El Niño, the Panama Canal Authority plans to reduce access through February 2024 to conserve water for the country, further driving up competition for shippers desperate to speed through the waterway. Transport companies have already been paying record-high fees to jump the queue, with fees to expedite passage paid via auction held by the Canal Authority. The fresh water reservoirs used to fill the locks also provide drinking water to a large portion of the country.

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