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He is responsible for driving strategy, customer engagement, and industry analysis. He was named a Pro to Know in 2021 by Supply and Demand Chain Executive. Shippers, brokers, carriers, news organizations and industry analysts rely on DAT for trends and data insights based on a database of $150 billion in annual market transactions.
The highest reported here, by Sea-Intelligence Maritime Analysis, is Maersk at 46%. Ocean carriers are running a business in which their reliability of completing voyages planned in advance ranges around 30% to 40%. How can you run a business with … Continue reading →
Port congestion that opened up in 2021 is likely to continue throughout this season. The global crisis that was accelerated by COVID-19 is haunting us in 2021. By the time the peak of 2021 starts in June and July, the upsurge in demand that opened in 2021 will be ongoing. The statistics are startling.
Their services can be categorized into three main areas: Assessment and Analysis Freight Planning and Forecasting: Loadsmart helps businesses predict future freight needs. Rate Analysis and Benchmarking: Loadsmart helps clients compare freight rates. FreightIntel AI: Their AI-powered platform provides real-time data and insights.
Those roadblocks have yet to be removed in 2021, although some early signs of relief are beginning to surface. Here are five trends that all shippers should be keeping an eye on as they plan their ocean freight movement in 2021: The container shortage is still in full force, but it may be easing somewhat.
Freight payment providers are upbeat heading into recovery, offering a diverse menu of solutions designed to take cost out of freight transportation by helping shippers of all sizes to “think strategically, not transactionally.”
Several challenges loom large for supply chain managers as 2021 approaches for the transportation industry. To be prepared for what 2021 has.read More. To be prepared for what 2021 has.read More. The post 5 Critical Capabilities for Supply Chain Managers in 2021 appeared first on Transportation Management Company | Cerasis.
Pickett Research (PR) was established in 2020 to fill a void in the US Truckload Freight Marketplace for analysis, forecasting, and market guidance that is both objective and credible. To learn more or to subscribe to the 2021-22 series, visit www.pickettresearch.com or connect via email at chris@pickettresearch.com. He earned a B.S.
For example: The global GDP growth rate for 2021 was 6.02%, a 9.1% The global GDP growth rate for 2022 was 3.08%, a 2.94% decline from 2021. The post Analysis: Today’s Global Economy vs. Global Container Shipping appeared first on More Than Shipping. increase from 2020.
If we look at the situation in recent years, in 2021, the Turkish carpet export landscape was shaped by the large impact of the Covid pandemic and its effects on the global trade, resulting in a noteworthy export value of $3.25 The post Turkish Carpet Exports: A Quick Analysis appeared first on More Than Shipping.
The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? through 2021, but total retail sales will grow 7.9%. Access to real-time data and the ability to perform real-time analysis ?enables Capacity Constraints Continue to Arise. Learn More.
2021 sees massive gains for intermodal demand. per mile and rejections at 27%… Could 2021 be intermodal’s year to shine? increase in imports in the first half of 2021. The FMCSA provided and update on a variety of its trucking regulation initiatives at last week’s Analysis, Research, and Technology Forum.
Despite all these issues, cargo handled has rose a whopping 22% in the period of December 2021/January 2022/February 2022 compared to the December 2020/January 2021/February 2021 period according to data from the Port of Houston. The post Analysis: Should You Redirect Your Cargo and If So, Where?
What is ABC Analysis? ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. In this blog post we’ll delve deeper into the intricacies of ABC analysis and how it can help businesses improve their inventory management practices.
Here’s what we found looking at 100+ client engagements during 2021 so far. What are the things in Supply Chain that companies are working on? What are the updates? Best Regards, Rob O’Byrne. Email: robyrne@logisticsbureau.com. Phone: +61 417 417 307.
In April of 2021, Mr. Larkin became Strategic Advisor at Clarendon, and was named Chair of the firm’s Advisory Board. Brown and Sons’ transportation team, AVP – Planning and Analysis at CSX Transportation, Inc., About John Larkin, CFA John Larkin , CFA is a Strategic Advisor to Clarendon Capital.
Later, 2021 arrived with port congestion issues, especially in West Coast terminals. In the following months of 2021, the container situation appeared even weirder because of rates. The supply chain crisis did not leave us in 2021. Suddenly, finding available truckers became impossible all over the U.S. Shipping rates.
As we enter the 2021 holiday season, it is clear now that businesses are struggling more and more every day to fulfill orders from U.S. As we approach the end of 2021, many of the current issues seem to have no easy solution in the immediate future. This major change in consumption patterns in the U.S.
Volume in 13 of the top 20 export markets declined in 2021, with seven of those countries registering double-digit percentage drops. The post An Overview of the Resin Market and Long-Term Analysis appeared first on More Than Shipping. Despite increasing their capacity, U.S. The steepest declines were recorded in Malaysia (29.7
However, from 2021-2023, this figure skyrocketed to $316.5 Economy: A Numerical Analysis appeared first on More Than Shipping. Moreover, the financial position of ocean carriers has drastically changed. According to Statista, the global container shipping industry’s operating profit from 2010-2020 was $37.5
In 2021, major U.S. The total number of containers handled by the Port of Los Angeles was 9,891,020 in 2021. The total number of containers handled by the Port of Los Angeles was 9,891,020 in 2021. The total number of containers handled by the Port of Long Beach was 9,384,368 in 2021. Port of Los Angeles. Port of Houston.
Imagine if you had a dedicated team that worked to give you in-depth pricing analysis and guidance when submitting long-term pricing.Trinity’s Pricing and Procurement Team does all of this. We know that capacity will continue to be challenging in 2021. The post Are you looking to just survive, or thrive in 2021? 1,000 lanes?
After mergers and consolidations, only 9 remain in 2021. We’ve seen these solutions play out with our global experts and technology platform, Navisphere, by providing shippers with the aggregated data and analysis they need to determine which ports or terminals to avoid and the right tactics to overcome unique challenges.
Bring your business- and tax-related questions to this live webcast presentation and discussion with ATBS President Todd Amen, breaking down results from ATBS' analysis of owner-op revenue, income and cost data throughout the year thus far.
Improved predictive analysis and projection with logistics automation data and insights. Logistics automation and real-time data analysis make this kind of insight possible. Real-time data, automated analysis and data-sharing remain essential to continued success and growth for all enterprise shippers. Request a SONAR Demo.
Going into 2021, supply networks were already dealing with rising demand, increasing port congestion, and production delays. Here’s a look back at the top 5 logistics stories from this year (2021): Suez Canal blockage that affected global supply chains. Coronavirus outbreak in India. of year-to-date trade.
Back in December 2021, the ILWU was given a one-year extension of the current contract and they rejected this, which shows the negotiations for the upcoming contract will not be easy. The post Analysis: Why Upcoming ILWU Contract Negotiations are Making Importers Uneasy appeared first on More Than Shipping.
In April of 2021, Mr. Larkin became Strategic Advisor at Clarendon, and was named Chair of the firm’s Advisory Board. Brown and Sons’ transportation team, AVP – Planning and Analysis at CSX Transportation, Inc., About John Larkin, CFA. Larkin, CFA is a Strategic Advisor to Clarendon Capital.
About Pickett Research Pickett Research was established in 2020 to fill a void in the US Truckload Freight Marketplace for analysis, forecasting, and market guidance that is both objective and credible. To learn more about the company, offerings, and careers, visit flockfreight.com.
Reminiscing over the past year, 2021 couldn’t have been a busier year for people on the move. Compared to 2020, over 20% more Americans moved in 2021, and the new remote work opportunities enabled an estimated 14-23 million Americans to relocate, according to the U.S. Let’s dive into the 2021 list. Houston, TX (6) 2.Las
The post Will the Skyrocketing Shipping Demand of 2021 and 2022 End Soon? He noted that recent contract negotiations, which happen annually, have likely locked in higher rates and recent increases – a good development for the carriers that is likely to keep shipping costs elevated. appeared first on More Than Shipping.
After fairly stable pricing in the early months of COVID’s supply chain journey , the indicative spot rate to ship a forty foot container from China and East Asia to the US West Coast increased 14X from less than $1,500 per container pre-COVID to more than $20,000 in September 2021. Between May and September of 2021 alone rates tripled.
Onge Company, Gartner, Commonwealth Supply Chain Advisors, VDC Research, Interact Analysis, and Capgemini Registration open for free online event featuring insights on fulfillment trends from leaders with Main Pointe, St.
The process involves an analysis of large amounts of information and interviews with executives from numerous warehouse automation providers; and concludes with the publication of ARC’s Warehouse Automation & Control Market Research Study. I will soon be publishing the 2021 base-year study with a five-year forecast through 2026.
Pickett Research (PR) was established in 2020 to fill a void in the US Truckload Freight Marketplace for analysis, forecasting, and market guidance that is both objective and credible. To learn more or to subscribe to the 2021-22 series, visit www.pickettresearch.com or connect via email at chris@pickettresearch.com. He earned a B.S.
I have recently completed the latest ARC Advisory Market Analysis on Global Trade Compliance, available here. The UFLPA, signed into law on December 23, 2021, specifically targets goods from the Xinjiang Uyghur Autonomous Region (XUAR) in China. market unless proven otherwise.
According to an analysis of Q2 2021 data from Kelley Blue Book, sales of […]. While the U.S. The post Electric Vehicle Sales Grow 200 Percent Year over Year appeared first on NGT News.
This analysis, a 2021 top priority of ATRI’s Research Advisory Committee, focused on three critical challenges for nationwide vehicle electrification: U.S. The American Transportation Research Institute (ATRI) has released a new report that assesses the infrastructure requirements for converting the U.S.
As 2021 begins, new growth and adjustments need freight managers’ attention to start the recovery process. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Sometimes data analysis needs to be refocused and fine-tuned.
Gulf Coast experienced little to no issues until Summer 2021. Since Summer 2021, U.S. less cargo from June 1st to Dec 28th of 2020/2021 and New Orleans has shipped 21% less cargo during the same period. As of September 2021, year-to-date, the Port of Houston had 16% more import volume than in 2020. East Coast peaked.
The answer is not simple and involves research and analysis across a number of factors. This data is based on industry output derived from monthly government statistics published by the Census Bureau, Federal Reserve Board, Bureau of Labor Statistics, and Bureau of Economic Analysis. for Q2 2021, relative to Q2 2018.
CONTXT enables shippers, 3PLs / carriers and insurance providers the ability to intercept at-risk shipments, automate claim diagnosis and root cause analysis, and improve loss ratios via improved underwriting. PAXAFE’s platform decreases cargo loss while improving operational efficiencies. Key Takeaways: Predict and Prevent Freight Damage.
I had just reviewed KION Group’s financials that showed the Supply Chain Solutions segment (Dematic) grew by 44 percent in 2021. Similarly, a Honeywell investor presentation stated that its Intelligrated business grew by approximately 50 percent in 2021. billion of order backlog as of September 2021 and an additional $6.1
The grounding of the Ever Given in the Suez Canal in early 2021 halted 12% of global trade. The post Unveiling the Truth: New Ever Given Report Showcases Role of Suez Canal Pilots in 2021 Blockage appeared first on More Than Shipping. The accident report highlights strong winds and poor visibility as the cause.
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