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Scooter Sayers graduated from the University of Arkansas with a Bachelor of Science in Industrial Engineering and a Master of Business Administration. He is a member of the Arkansas Academy of Industrial Engineers. Sayers Logistics was founded in 2020 by LTL industry veteran Scooter Sayers. About Scooter Sayers.
Original Article: What Shippers and Retailers Need to Know for Peak Season Planning 2022. Above-average holiday shipping seasons in 2020 and 2021 led to an above-average returns rate in the usual Quiet Season. Original Article: What Shippers and Retailers Need to Know for Peak Season Planning 2022. Q3: The Peak Shipping Season.
However, the 5G protocol is slowly evolving to add more features for industrial applications. Valsecchi spoke at ARC’s Accelerating Digital Transformation in a Post-COVID World on a 5G panel and then expanded on his thinking after I sent him a draft of the article. For industry, 5G is a developing technology.
“Complexity is really a killer,” said Roberto Isaias, Mattel’s chief supply-chain officer, as quoted in a January 2, 2020 Wall Street Journal article by Paul Ziobro. According to the article: Mattel has chopped the choices of reds [for its toys] by more than one-third and is doing the same for other colors, part of a.
If you’ve worked in the LTL industry for any bit of time, then you know that it’s always changing. The industry hadn’t felt the void of such a large company since Consolidated Freightways closed 20 years prior. A stint of other factors after that didn’t put them in a better position when COVID-19 rolled around in 2020.
Determining the current state of shipping industry news is similar to looking into a Magic 8 Ball – when you shake it and the water settles, the message says, “Future Remains Uncertain.” Shipping Industry News: The Good. The good news is that the shipping industry is doing better than expected.
The food and beverage industry has faced significant challenges and growth over the past couple of years. After yet another unpredictable and unstable year, many hope 2022 will bring more stability back to the industry. In this blog, we’re going to dive into some of the latest trends in the food and beverage industry.
Key Takeaways from This Article: COVID-19 has unveiled the fragility of a global supply chain predicated on lowest-cost principles. Many product components are sourced from Asia, which experienced a major slowdown in production in early 2020. The maritime industry — 90% of world trade travels by sea — is notoriously manual.
That figure ballooned with the COVID-19 pandemic to 21.3% – an increase of 44% – in 2020. This extreme growth in such a short period of time has led to growing pains that are still being felt within the eCommerce industry. In the pre-pandemic world of 2019, eCommerce accounted for 15.8% of all sales in the U.S.
With a global economic slowdown – with growth expected to decrease from 6% in 2020 to a forecasted 2.7% What will these developments mean for employment in the supply chain and logistics industry? ” Besides CH Robinson, the industry has shaken with Amazon layoffs and Fedex furlough decisions over the past two weeks.
The food and beverage industry has faced significant challenges and growth over the past couple of years. After several unpredictable years, many hope we’ll see more stability back in the industry. In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. According to a recent U.S.
With supply chain disruptions and the driver shortage affecting the trucking industry, many shippers have turned to intermodal rail as a CO2-friendly alternative. in 2021 compared to 2020. In this article, we’ll look at how bulk freight brokers can help with the over-the-road (OTR) segment of a bulk product’s intermodal journey.
For shippers, the impact on cargo flows was only worsening as 2020 came to a close.”. In another JOC outlook article , William B. “What began as a surprising, ferocious consumer and personal protective equipment (PPE)-led cargo surge this spring had collided head-on with the operational realities of a raging pandemic,” JOC adds.
increase from 2020. According to a recent article, Maersk Line is expecting container volumes to drop by 4% in 2023 globally, while their previous forecast was 2.5%. Fleet Overcapacity The container shipping industry has experienced significant growth in recent years, leading to an increase in vessel capacity.
This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at fortifying warehouse and distribution centers against cybersecurity attacks. The warehousing and distribution industry is highly reliant on technology for its operations. To read the full article, click HERE.
Original Article: FOSC: Collaboration drives last-mile success. With all the disruptions in the supply chain since 2020, the last mile has been in a constant state of flux. Click for more articles by Brian Straight. Original Article: FOSC: Collaboration drives last-mile success. Can they be stopped? Need a warehouse?
Sarah cares a great deal about the industry, especially about solving the challenges that drivers face every day on the road. And that’s what made for an excellent setting to talk about Envase’s growth since our 2020 founding into North America’s largest drayage/TMS service provider.
This article is from Emerge and offers tips for trucking companies to decrease their insurance premiums. The number of accidents in the trucking industry is up, and so are insurance premiums. As an industry, trucking associations are advocating tort reform. To read the full article, click HERE.
ARC Advisory Group and DC Velocity magazine have closed our joint survey on the changes logistics operations have experienced in the upheaval of the Covid-19 operating environment in 2020; and the expectations these same executives have about their operating environment in 2021. Throughput Volumes. Throughput Volumes.
Disclaimer: This article is a zoom out for the less freight-inclined. When that stopped, the industry found itself in a crunch and within just months, prices took off by some 400%. In the last quarter of 2020, it became clear cargo rates weren’t coming down anytime soon. Let’s talk freight. . And it’s not just ocean freight.
This conclusion is based on a scientific examination of industries that rely on carbon-based fuels, the importance of those industries to modern life, and the massive emissions these industries generate. For the rest of the article, the focus will be on examining Smil’s arguments by looking at the cement industry.
My colleague Steve Banker published an informative article in 2020 about this extensive initiative Ahold Delhaize’s Supply Chain Transformation (forbes.com). In the first three quarters of 2020, Ahold Delhaize USA reported a 115 percent increase in online sales.
This article is from Asena Denizeri & Anil Gurbuz at Solvoyo and examines the challenges around supply chain planning for 2022 and beyond. Since the start of the Covid-19 pandemic in 2020, the world has dealt with supply chain issues. To read the full article, click HERE.
Prior to 2020, every supply chain in the world was challenged by increasing levels of demand unpredictability and market volatility. In fact, IT spend as a percent of business capex crossed over the prior ~10 year average in 2019 and we see that trend extending in early 2020.”. Natural disasters. Geopolitical events.
demand and strong activity in the automobile industry, investors have started looking to Mexico to produce more goods including cars. Due to strong U.S. Exports of non-petroleum goods grew nearly 27% in February compared to the same period in 2021. An Overview of Mexico Exports.
In its 2022 Operational Cost of Trucking report , the ATRI revealed that the cost of trucking increased by the highest recorded percentage between 2020 and 2021. In this article, we’ll take a closer look at the report and tell you why operating costs for bulk trucking companies are even higher.
The truth be told, the supply chain management profession is extremely broad and the range of jobs in the industry is vast. The roles and paths suggested below are possibilities that exist within the industry, and might at least give you an idea of where your career-journey might lead—or even where it might start.
Combined with declines seen on the industrial production and manufacturing side, the hope for a rebound in freight volumes will not take place in 2023. As freight volumes were accelerating in the latter part of 2020 and through early 2022, trucking companies popped up at a rapid pace to meet the demands of shippers.
This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. According to recent statistical data, vacancy rates for industrial real estate across North America have been declining since 2020 and reached an all-time low in the third quarter of 2022.
In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. According to a poll conducted by Deloitte, 39% of consumer and industrial products professionals found at least one instance of fraud or abuse in their supply chains in 2020.
Last week, Clint Reiser published an article highlighting our 2022 supply chain predictions. Three years ago, my colleague Steve Banker wrote an article about the Amazon supply chain , asking if it was the most innovative in the world. year-on-year in 2020 with a 39% increase in Q1 2021. Data from the U.S.
2022 saw another volatile year for shipping following the 2021 and 2020 unique scenarios that led to the ongoing supply chain crisis. With 160 articles published this year on our blog, More Than Shipping, we honored our top blog authors who wrote the top two performing articles for the year. A great time was had by all.
The American Trucking Association is the largest trade association representing the trucking industry in the U.S. This article shares details on the Truck Tonnage Index, how the data reflects the overall economy, and other ways to interpret the data. In April of 2020, we saw the index dip down to its lowest figure since 2017.
In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. Well, how often do you hear industry analysts say they underestimated a market’s growth rate? It is common for pundits to look ahead and predict how an industry or profession will change. billion in 2019.
Look no further than the second half of 2020 and all of 2021 to see the impact consumers with disposable income can have on movement of goods. This will certainly be a shot in the arm for the freight-challenged industry we have experienced over the last 12 months. As we know, consumers are a big driver of freight activity.
ARTICLE SUMMARY. You need to determine what your current performance is and how it measures up against other performances in your industry. In this article, which is based on a YouTube video on the subject, I will explain why this is so by addressing the following three questions: What is benchmarking, why do it, and how to do it?
The shipping industry has been a hard-hit sector since the COVID-19 pandemic began due to increasing oil prices, which are invariably passed on to businesses seeking to ship. Add to this the container shortage issue created by the necessity to lockdown or isolate and the fact that many industries’ production halted during early 2020.
What’s in the article: How are Mother’s Day flowers shipped? Why is logistics during Mother’s Day a critical aspect of the floral industry? Sustainability is becoming an increasingly important factor in the decision-making process for consumers, and the floral industry is no exception. billion in 2021.
This article breaks down the new costs for small parcel products and the impact on shippers moving forward. In 2020, the e-commerce industry increased by 30% from the previous year. billion in 2020 to $469.2 Second, the supply chain industry continues to face challenges such as packaging and labor shortages.
When data on causal factors is not readily available, it can be informative to review the behavior of certain industries or economic activity in response to disruptive events. Their analysis showed which industries tend to have large swings in capital expenditures subsequent to economic shock. Review of Prior Impactful Events.
If you want to argue that these changes are in technology only, there was a recent Bloomberg article which noted that: “companies from noodle makers to semi-conductor giants are spending on new plants and machinery in ways they haven’t done for years.” Proliferation of the Industrial Internet of Things. The digital factory.
million registered trucks traveled a total of 302 billion miles in 2020 and the number of for-hire carriers on file with the Federal Motor Carrier Safety Administration totaled just over 1.1 This will allow the industry to “close the gap” caused by demand for freight, projected retirements and other issues. According to the ATA, 38.9
As you are aware and has been reported here, South Africa has been on lockdown for COVID-19 since the 27th of March 2020. The lockdown period has now been extended from the 16th of April 2020 to the 30th of April 2020. Here is where things stand as of the 12th of April 2020 in South Africa. Crew Change.
To the uninitiated (which included me at one stage), these industries are same or similar and it might come across that there is no difference between Maritime, Shipping, Freight, Logistics, Supply Chain and Trade. Shipping Business = the act of carriage of cargo from point A to point using the ships which falls under the Maritime industry.
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