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In addition, Inc.com recognized Reliance Partners in 2018-2020 as one of the Top 50 Workplaces while Fortune also recognized Reliance Partners in 2017-2020 as a Top Workplace in America. The company is certified as a Great Place to Work®. for the fifth year in a row?. and fear of missing out (FOMO).
Editor’s Note: Our “ Research in Focus ” series highlights research conducted by select partners on timely and important trends impacting supply chain and logistics professionals today. The findings were derived from an online survey of 250 executives at leading U.S. Transportation costs ranked second, and labor costs ranked third.
This trend moved forward in exciting ways in 2019. For previous years’ reports: 2015 , 2017 , 2018. We also surveyed eight digital freight forwarders and the five largest ocean carriers for FCL quotes to get a sense of the growing competition that forwarders are facing and how these compare in their digitization efforts. .
According to a global study, 2017 Sustainable Procurement Barometer, conducted by EcoVadis and HEC, 97% of the surveyed supply chain professionals from a total of 120 companies regard sustainable procurement as highly important. Global think tanks and analysts expect upcoming trends towards companies being pressured […].
Trend #1: Customers Buying Experience Not Products. According to the Geodis 2017 Supply Chain Worldwide Survey , organizations that invest more in supply chain see greater EBIT (earnings before income tax) in their business. #2 Trend #3: Serving Every Customer with their Own Optimized Micro Supply Chain. Not even Amazon.
I learned that fact (and many more important things) at the Command Alkon ELEVATE 2017 conference in New Orleans this week. As the compliance date for the Electronic Logging Devices (ELD) mandate approaches (December 18, 2017), there are two important questions to be answered: How will it impact capacity?
He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey. Jason has been recognized with multiple awards for research and teaching. The website Poets & Quants has recognized him as one of the top 40 undergraduate professors.
The report compares this year’s findings to 2017, 2016 and 2015 results. In each wave, the survey was administered via email invitation to subscribers of Logistics Management magazine.
small and middle market enterprises (SMEs) are feeling very optimistic about the international market according to the 2018 American Express Grow Global Survey. They forecast that revenue derived from exports will increase by more than 50% over the next five years, up from only 18% who projected this level of increase in 2017.
And, investment statistics reveal an increasing trend for more technology to enable multi-modal shipping and the application of big data analytics to increase scalability, flexibility, and demand-driven management decisions. According to a 2017survey of supply.read More.
FourKites’ Real-time Visibility Platform Now Fully Integrated with Manhattan Associates’ TMS 2017. The Number of Retailers Offering Same Day Delivery has Tripled in the Past Year to Meet Elevated Customer Expectations, According to a New BRP Survey. FedEx Takes Earnings Hit Following Cyberattack (WSJ – sub.
According to the new “Global Freight Forwarding 2017 Report” compiled by the London-based think tank Transport Intelligence (Ti) , a continuation of excess capacity issues and lower average oil prices in 2016 led rates to fall in both air and sea freight, meaning most forwarders reported lower year-on-year revenues. Digitize or die.
The ATA creates the tonnage index through a series of surveys of its members. The anonymity of the survey and companies participating prevents us from understanding the percentage of tonnage each company accounts for or the type of freight being shipped. In April of 2020, we saw the index dip down to its lowest figure since 2017.
There were 94 total losses reported around the shipping world in 2017, down 4% year-on-year -- the second lowest in 10 years after 2014. In 2017 the downward trend of large shipping losses continued, according to a new survey, Allianz Global Corporate & Specialty's (AGCS) Safety & Shipping Review.
Ocean freight rates are expected to increase significantly in 2017 Based on a survey conducted by our benchmarking partners Xeneta , more than half (56%) of the respondents expect rates to increase while 44% believe rates will remain stable. Most importantly, no one expects that rates will decline in 2017. Contact us today.
2017 is projected to be a year in which more shippers break out of the mold, embracing newer transportation management systems ( TMSs ). Unfortunately, this means predictions for adoption rates in 2017 would be likely to remain in this range. It is in your best interest to implement a TMS now, and 2017 is the year to do it.
In 2017, a study assessed extreme climate impacts on infrastructure in Europe. Project cargo weight on these possible compromised roads and railways should be a concern even with DOT route surveys. In the future, DOT may require additional route surveys and bridge studies for weight distribution.
Since the third quarter of 2017, many manufacturers have been regularly confronted by scarcity in the transportation market – a problem they haven’t encountered in years. Freight prices are also going up because of carrier rate increases since the last half of 2017. Shippers are feeling the effects of scarce carrier capacity.
Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.
A common theme of the 2016 predictions was growth and scalability, so let’s look at how companies are using these technologies as we prepare for the innovations of 2017. In fact, up to 70 percent of companies surveyed in Europe have already implemented cloud-based solutions to enable rapid scalability and flexibility.
In our conversation, Ken spoke about some of the findings from a recent survey Logistyx conducted on cross-border holiday spending, as well as some larger trends around the state of parcel shipping. Fourth, what are some industry-specific trends for parcel shipping? Industry Trends. Returns Management.
Logistics Trends & Insights LLC , an Atlanta, Georgia-based consultancy, is conducting its third “Evolving Freight Forwarding Survey, and invites LM readers to participate. In our 2017survey, 92% of respondents noted that digitization brings value to forwarders,” says Roberson. By Patrick Burnson, Executive Editor ·.
The latest Barclays-BDO Logistics Confidence Index has fallen to its lowest ever level since the survey began in 2012 as the sector deals with the fallout from the pandemic, skills shortages and concerns over Brexit. The survey assesses the expectations of more than 100 senior decision-makers across the sector. in 2019 to 47.1
The survey, which was released during CSCMP EDGE in Atlanta on September 21, collected responses from hundreds of supply chain professionals 30 and under. This is a significant increase from the 13% who cited this reason in 2019 and the 10% who noted it in 2017. We are proud to support the next generation of logistics leaders.".
TECHNOLOGY TRENDS TO WATCH. Here are the top logistics technology trends your company should be keeping an eye on and consider implementing. Digital twins may be one of the most exciting logistics technology trends to keep an eye on. Through centralized storage plus real-time tracking removes any uncertainty for your customers.
According to the findings from the “26th Annual Study of Logistics and Transportation Trends (Masters of Logistics)”, more companies are beginning to understand that new business models and new competition in the field are changing customer expectations. in 2017 versus 20.8% Improving Data Shows the Real Strength of Trucking.
In fact, in November 2016, a survey of shippers published by the Journal of Commerce found that shippers didn’t “appear to believe capacity will tighten considerably in advance of a federal electronic logging mandate for all interstate truck drivers scheduled to take effect next December 1.” That all changed with the summer of 2017.
For instance, a 2012 survey revealed that only 40% of supply chain professionals believed their educational background prepared them adequately for their roles, pointing to the need for curriculum reform (CSCMP, 2012). Supply chain game changers – mega, nano, and virtual trends – and forces that impede supply chain design (i.e.,
small and middle market enterprises (SMEs) are feeling very optimistic about the international market according to the 2018 American Express Grow Global Survey. They forecast that revenue derived from exports will increase by more than 50% over the next five years, up from only 18% who projected this level of increase in 2017.
Those are the key trends in recent months to emerge from the latest survey of the Mexican market by the country’s sector body AMIA. Car makers in Mexico produced 3.67m vehicles between January and November, virtually unchanged on the corresponding period of 2017. The 1.28m vehicles sold in the year to November represented a 6.7%
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. 3PLs and Shippers Report Positive Partnership Outcomes. The IT Gap Has Reached a Record-Low.
To provide a comprehensive overview, the author draws from various academic studies, reports, and surveys to shed light on the latest trends and best practices in supply chain management. A recent survey by Accenture (2021) revealed that 72% of SMEs and 78% of startups are actively investing in digital supply chain solutions.
Stat: Only 6% of 623 supply chain professionals across 17 countries think they have achieved supply chain visibility, according to a survey by GEODIS. Stat: When PwC surveyed 209 global companies , 74% agreed that the number of entities in the supply chain has increased in the past three years.
The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. Changing Trends in BCO Air Cargo Procurement. Uncertainty became the byword. Signup Now.
Mark Chrencik, Director of Operations at CLX Logistics (a Talking Logistics sponsor), kicked off the conference with a market update where he covered various trends in the industry, including fuel prices and linehaul rates. Fuel Price increases on the order of > 3% in 2017 — and another > 7% in 2018.
Recently, our company has generated some reports of internal data and surveyed a collection of companies to better get an idea of trends in the manufacturing industry. In fact, we saw that from 2015 to 2017, in all industries besides manufacturing, the willingness to review cloud systems went from 76% to 84%. 74% to 79%.
If there were one clear-cut conclusion to be drawn from our “2018 Warehouse and Distribution Center (DC) Equipment Survey,” it would be that the outlook for spending is bullish. At the same time, the survey revealed growing interest in the use of relatively new types of technology, including robotics, drones and smart glasses.
The ground noise continues to build on expectations for peak… shipping will face a drivers shortage similar to 2018… elevated volumes are here to stay… the ports are maxed out… grocers try to get ahead of peak demand… and a look at top trends driving the future of logistics. Check it out.
In March 2017, for example, Walmart pulled the plug on building a 1.2-million-square-foot This new customer-centric reality is prompting manufacturers and retailers of all sizes to revisit their strategies and capabilities to succeed in this highly- dynamic, highly-uncertain, and highly-competitive environment.
Global sales for such products, which are used in factories, warehouses and logistics applications, reached $6.131 billion in sales in 2016 and are on track to hit the $6.358 billion mark in 2017, according to VDC Research Group. For the handheld scanner sector, Gupta says early-2017 results indicated that overall revenues are 9.6%
imports in 2017 – the fastest rate of growth in more than seven years; yet the industry remains siloed and outmoded. Eytan Buchman, a Freightos vice president, told Logistics Management in an interview that survey responses confirmed what the compnay had long suspected. Department of Commerce data reports a 6.7% Only 11.7%
It looks like they are marching upwards through 2017, which means shippers need to take early action now. Checking the background info In 2015, the ocean freight rate trend was distinctly downwards – the SCFI declined from around 1,000 to just 500 during the year. Through 2017, most shippers anticipate rising freight rates (56%).
million twenty-foot equivalent units [TEU], making 2017 our busiest year ever,” says Mario Cordero, executive director of Port of Long Beach. ports are finally keeping pace with technology-driven trends in other transport industries. Port terminal survey reveals more on automation trends. Top 30 U.S. Import TEUs.
Mercedes-Benz Stadium opened in 2017 and is the first professional sports stadium in the world to achieve LEED Platinum certification. The 2019 AHR Expo Exhibitor Economic Outlook Survey , sponsored by the ASHRAE Journal , suggests that this will be a good year for businesses in the industry. Optimistic Outlook for 2019.
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