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Additionally, the podcast highlights the work of Truckers Against Trafficking, a nonprofit organization that raises awareness about human trafficking and trains professionals in the transportation industry to identify and report potential trafficking situations.
Since the first quarter of 2020, there have been more black swan events than could ever have been expected. First, of course, was the Coronavirus pandemic, then the Texas winter storm, and finally, a ship that blocked the Suez Canal for six days. For the food industry, these have all created major disruptions.
That last few years have been nothing short of eventful for the trucking industry. This, of course, left some large shoes to fill, and unfortunately, 2019 could not meet the mark, with freight rates falling by 27 percent as per Camino Financial. And then came 2020, a year no one could have ever seen coming.
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.
You don’t have to hear it from us to know that 2020 has been a wild ride, the effects of which have spilled over into every major facet of our society — and retail is no exception. Of course, crazy high order volume doesn’t just come out of nowhere. Ladies and gents, it’s here. What’s here? The most wonderful time of the year!
Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? Happily, though, that’s not something you can expect to change in 2020. It’s that time again… Well, almost!
Now the entire freight transportation industry, across air, ocean, road, and rail sectors, is awash with disrupted expectations and has retreated into survival mode. Air Freight Transportation Trends 2020. Of course, this is pure speculation, and in this time of total uncertainty, any number of other scenarios might unfold.
Supply chains will survive COVID-19, of course, but not without interim pain and structural change. 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.
One thing that is clear—and has been highlighted by the myriad logistical challenges over the course of the pandemic—is the need for increased partnership among industry stakeholders.
Intro to 2020 Supply Chain Management Trends. The new year is upon us, and with the end of 2019 we reach the end of the decade – and the beginning of 2020. 2020 supply chain management trends will further these shifts. 2020 supply chain management trends will further these shifts. Greening” the Supply Chain.
Charley is the Vice President of ZEBOX AMERICA, an international incubator and accelerator of innovative startups focused on two sectoral areas: transport, mobilities, logistics and industry. ZEBOX focuses on two sectoral areas: transport, mobilities, logistics and industry X.0 About Charley Dehoney. on the other hand. ?
He earned his logistics stripes at GlobalTranz, learning the business and riding the fast growth wave to impactful leadership positions, and under Buchanan’s leadership at Loadsmart the account sales team has grown in headcount by 860% and in revenue by 578% (1H YoY 2020 – 2021).
He earned his logistics stripes at GlobalTranz, learning the business and riding the fast growth wave to impactful leadership positions, and under Buchanan’s leadership at Loadsmart the account sales team has grown in headcount by 860% and in revenue by 578% (1H YoY 2020 – 2021).
Going into 2020, economies like China’s are expected to further slow down from 6% in 2019 to 5.5% in 2020, and India is going to struggle to increase their numbers from 4.5% (as of September 2019) to 5%. What does all this mean for the containerized shipping market in 2020? The post 2020 U.S. million TEUs.
At KataCon 2020, Steve Medland posed a problem that comes up fairly often: The default Toyota Kata process analysis (“grasp the current condition”) involves determining takt times and cycle times for the process, and a lot of processes don’t have an obvious repeating cadence. First some background just to level-set everyone.
Whereas online courses and programmes were previously managed as a separate entity, they are now an integral part of most academic systems. Corporate training is now a $200 billion USD industry, with e-learning taking up more than half of this amount. Online courses are the quickest path for a student to obtain a degree.
in January 2020, compared to the same period in 2019. The air cargo industry started the year on a weak footing. There was optimism that an easing of US-China trade tensions would give the sector a boost in 2020. year-on-year in January 2020. Lunar New Year in 2020 was earlier than in 2019. Tough times are ahead.
The Aschaffenburg, Germany-based intralogistics specialist Linde Material Handling (Linde MH) has released its sustainability report for 2020. In the year under review, the company employed 334 apprentices training in 14 occupations all over Europe and 30 students pursuing 10 for-credit dual-course college programmes in Germany.
With 2019 coming to an end, it’s important to know what the new year will bring the world of supply chains—here are 5 supply chain predictions for 2020. Going forward, many of 2019’s develops are set to continue into 2020. The post 5 Supply Chain Trends to Watch for in 2020 appeared first on Morai Logistics Inc.
2020 was a year like no other. We took on new customers in the PPE, paper and pulp, medical supplies, furniture and e-commerce industries. As we approach a full year of living in a pandemic, we continue to stay the course. In 2020, that technology took off. Evans, President & CEO of Evans Distribution Systems.
With the effects of 2020 reverberating into the new year, business carries on in some unusual new ways. E-commerce has shaken the retail industry’s logistics approach, as Amazon’s model dramatically altered consumer expectations in a phenomenon now known as the “ Amazon Effect ”. Ideal Capacity for Profitability .
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. And, of course, when anyone buys goods in a store, part of that cost is freight. And it’s not just ocean freight.
Most in the logistics industry consider trucking deregulated. While this perspective is accurate in a financial sense, the truth is trucking is among the most regulated industries in the country. It is important to understand government regulations add significantly to the cost of operations which, of course, is reflected in the rates.
2020 has been different from the norm in just about every single way imaginable, so it should come as no surprise that freight is going off the rails. The post Preparing for 2020’s “Shipageddon” first appeared on The Logistics Blog. Find out more about what BlueGrace can do for you and your supply chain today!
In politics, it can of course be necessary at times to portray events as relatively simple in order to reach a wider audience. However, when the speech and the underlying fact sheet is studied more closely, it unfortunately contains a range of misconceptions about how the shipping industry works.
It’s a mega ship of course, or more precisely, an Ultra Large Container Vessel (ULCV). “HMM Algeciras” is the first of twelve 24,000 TEU class vessels scheduled to be sequentially delivered until September 2020 out of a total of 20, with the balance 8 planned for delivery from second quarter of 2021 onwards.
You already know the biggest supply chain disruption of 2020: the COVID-19 pandemic. The prevailing effects of COVID-19 are uncertainty and disruption; the key to planning ahead for 2021 will be to analyze the effects of 2020. The pandemic has impacted industries differently across the board. But ‘back to normal’?
Nearing the end of 2020, Maersk has remained true to that goal. The shift to full end-to-end integration, of course, leaves no one else in the middle. The first is size , of course, with Maersk running over 17% of global ocean capacity , but also selling land-services to just under 20% of those same customers.
Since August 2020, VDTM ATC instructors have been able to provide theoretical and practical parts of training to all specialists of the industry. ‘It It is a great achievement for our ATC to expand the range of training programmes and include a new type of aircraft.
In 2020, winners were awarded cash prizes up to $750, but this time, 10 winners received cash prizes up to double that amount of $1,500. We rely on the proud men and women of the trucking industry to engage in bystander intervention and speak up if they see evidence of potential trafficking throughout the course of their everyday jobs.
2020 isn’t what we expected. Have you seen the 2020 toilet paper memes? Supply and demand has been thrown off course since consumer interest changed. Who knew going into 2020 that the most demanded items would be hand sanitizers, disinfectants, and toilet paper? When It All Began. Shipping networks were strained.
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. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common.
But the biggest challenge for bulk shippers in 2021 was also the biggest challenge in 2020, 2019, and 2018. We’re talking, of course, about the bulk truck driver shortage. Supply chain disruptions were headline news in 2021, and the world of bulk freight had its share.
In the debrief department, Sea Intelligence’s Alan Murphy shared data confirming that – of course – surging demand was the trigger for the unprecedented ocean situation. Conversations with major BCOs also pointed to interest in these types of better contracting solutions, even if the industry is still in the early days of this shift.
The logistics industry has funneled billions in venture capital into digitizing spot market and short-term freight solutions. Industrial real-estate thrives in pandemic. Industrial real estate is on fire… Increased online demand and eCommerce has driven shippers to need more warehouse space. The Top 7 Stories in Freight.
As organizations continue to adapt to the roller-coaster ride of 2020, some leaders’ pre-pandemic IT strategies brought business resilience even as COVID-19 struck. Indeed, according to the 2020 IoT World Today IoT Adoption Survey, 51% of respondents said the virus spurred the need for new digital initiatives.
As we enter a new year, it’s a great time to look back at how far we’ve come as an industry, set our next goalposts, and map out where we should be as an industry by 2020. It should come as no surprise that we are running out the clock until Amazon competes with more aspects of the logistics industry. Amazon is coming.
The effects of the disruptions over the past year have likely forever changed the industry, requiring shippers to scale and evolve operations radically seemingly overnight. With all the pressure for more and faster service among shippers, dropshipping has seen a renewed focus within the industry. It’s that simple. Request a SONAR Demo.
Of course not. With lots of options and aggressive marketing for online certification courses, you've probably had this question cross your mind. Now that we have that out of the way, let's talk about what you can expect from online courses. The course will most likely have end-of-section quizzes to test your knowledge.
The renewed interest in the digitization of the sector was given further credence when Maersk indicated that during August 2020, about 41% of its spot bookings were arranged through the company’s online platform. MSC unveiled its instant quoting platform in July 2020. And of course, we’re looking at the uptake curve.
The economic and operational effects of COVID-19 on the trucking industry have been challenging and devastating. The food industry has been especially hit hard. Another group affected are those who service the automotive industry. Many restaurants and bars have had to close, except for takeout outlets who have stayed afloat.
Industry standards range from around 50 to 70 percent of gross margins paid to you with the rest kept by the broker to cover their cost of operating expenses, technology, and any support services they provide to their freight agents. Your commission rate will depend on the freight broker with whom you work.
Those that held on in 2020 continue to face obstacles as recovery begins. And there remain significant problems within the industry. One of the biggest challenges facing the industry right now is deadheading. Waste matters in the shipping industry because every instance leads to higher freight costs. Think about it.
These laws would classify workers as an “employee” of the company unless that worker performs a service “outside the usual course of the business of the employer.” Reduced 2020 traffic gave back drivers billions of hours. If 2020 was good for anything, it was good for reducing city traffic. The Top 7 Stories in Freight.
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