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5 examples of the black swan theory

Logistics at MPEPS at UPV

The black swan theory or theory of black swan events is a metaphor that describes an events like the economic downturn and pandemic that comes as a surprise, has a major effect, and often change the direction of politics, the economy and business, and influence the course of history. Now it is a retail leader in Asia.

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[Infographic] 21st Third Party Logistics Study Shows Increased Use of 3PLs & Shippers

GlobalTranz

Since you, as a shipper, rely on having the most accurate information available and applicable to your operation, understanding the trends identified in the third party logistics study can help your business grow throughout 2017. Of course, there are still hold-outs that foresee possible problems with these relationships.

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This Week in Logistics News (April 17 – 23)

Logistics Viewpoints

Thirty-six years ago today marks either one of the greatest marketing blunders or success stories of all-time, depending on how you look at it, of course. While New Coke would linger for quite some time, it was discontinued in 2002, with a limited re-release in 2019. And unfortunately, the trend shows no sign of stopping.

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Nearshoring & Reshoring Will Continue to Increase Thanks to these Main Benefits

GlobalTranz

Of course, there are other factors affecting the American push towards reshoring and nearshoring. These recall counts point to sizeable growth over the past decade in the recall notices of Chinese-made consumer goods from 58 in 2002 to 153 in 2014. The trend towards reshoring and nearshoring will continue in 2016.

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The Year the Ports Stole Christmas? Hopefully Not.

Logistics Viewpoints

Of course, it’s not that easy. During the briefing, the Port of LA stated that it had the best September container volume in its history, that also include the lowest monthly exports since 2002 (showing that volume is driven by imports). The next question is “why don’t they go to another port?”

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This Week in Logistics News (February 27 – March 3, 2017)

Talking Logistics

Those same words were also said when the ports were shut down for 10 days in 2002 , and again in December 2012 when 600 clerks went on strike , shutting down the ports of Los Angeles and Long Beach for 8 days. Of course, there are a lot of skeptics out there who don’t believe we’ll see driverless trucks anytime soon on our roads — if ever. “If