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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.
According to a 2020 survey by ATRI , 20.6% Robinson offers drop trailer programs that over the past four months (January 2022-April 2022) has averaged over 40,000 available loads and in 2021, moved nearly 500,000 power only loads. In a 2019 survey by WEX Inc, 23% of fleets reported that fuel costs were their top operational challenge.
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.
Of 1,200 industry professionals surveyed for the 2021 Agility Emerging Markets Logistics Index, 51.5% The survey is part of the 2021 Agility Emerging Markets Logistics Index, the company’s 12th annual snapshot of industry sentiment and ranking of the world’s 50 leading emerging markets. 2021 Index and Survey Highlights .
supply chain by taking DOT transportation survey Industry pursues the fight against the California AB5 law Truckload volumes go up while rail shipping volumes decline Leading reasons the supply chain is all jacked up. supply chain by taking DOT transportation survey. The Top 5 Stories in Freight. Help improve the U.S.
Clean technology consulting firm and producers of the annual Advanced Clean Transportation (ACT) Expo , Gladstein, Neandross & Associates (GNA), has created an analysis examining the current state of today's leading on-road clean vehicle technologies for fleet operators.
According to the 2021 SYSPRO CFO 4.0 survey , 57% of manufacturing CFOs agree that proficiency and knowledge to create an effective plan to operationalize and transition the business into a digitalized and automated manufacturer is the most critical factor globally. The modern CFO. Diversification of business operations.
Several surveys have reported how SCM in recent years has moved from being a cost center to one responsible for offering superior customer experience and delivering competitive advantage. According to a report , between 2020 and 2021 there was a dramatic growth in companies focusing on making their supply chains more resilient.
2021 came with a new set of challenges as global and local supply chains were hit by raw materials shortages, accompanied by longer lead times and higher shipping costs, lack of labor, and the pent-up demand actualizing as record-breaking sales. Network bottleneck identification. Response to disruptions. Network cost modeling.
government even opted to allocate roughly one half of the 2021-2025 National Highway Freight Program projects budget to roadway and bridge preservation. Project cargo weight on these possible compromised roads and railways should be a concern even with DOT route surveys.
Robinson experts provided in-depth analysis of current supply and demand trends, our updated forecast, and the impact of global import volumes on North American freight transportation. The ocean carriers have signed more than 300 vessel orders in 2021 already. webinar is coming up in November 2021. webinar, C.H.
Report authors surveyed nearly 250 U.S.-based National average prices at the pump were 19% higher in 2021 than in 2020. A few hundred more grant-funded Class 8 battery-electric vehicle orders from major manufacturers were placed in 2021 and early 2022. Compressed natural gas fuel is priced just right, vehicle sales grow.
Twenty-seven percent of supply chain leaders have conducted a climate change risk assessment to identify their most critical supply chain risks, according to a survey by Gartner, Inc. According to the survey, 44% of respondents have a general sense of potential climate change risks based on previous events.
In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. The Key to Long-Term Success: Build Agility, Resilience and Profitability Together.
If 2020 and if 2021 proved anything, it’s that the omni-channel selling environment is here to stay. of all e-commerce sales in the US during 2021. But, as we know, supply chain conditions were far from perfect in 2020 and 2021. Another powerful omni-channel market force continues to be the “Amazon effect.”
SYSPRO ’s 2020 survey, The Inflection Point for the Factory of the Future , showed that only about one-third (38%) of manufacturers’ business systems had enabled them to meet the challenges posed by the COVID-19 pandemic. Similarly, a 2021 study from McKinsey showed that just 19% of companies that had adopted Industry 4.0
If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. January and February 2021 were characterized by repeated winter weather events nationwide. Your supply chain must be capable of adapting to all types of threats.
We are looking at three different Chinese Years in 2020, 2021 and 2022. said Cathy Morrow Roberson, Founder and President of Logistics Trends & Insights LLC during a webinar organised by Container xChange on the Chinese New Year analysis and predictions. There is a lot of inventory with retailers and manufacturers.
In a recent NielsenIQ survey, 91 percent of consumers indicated they are planning on celebrating US Thanksgiving this year with a majority (83 percent) either staying at home (59 percent) or local (24 percent) (within 50 miles of their home). Walmart Canada piloted the solution in January 2021 and used supplier feedback to hone the system.
Once the survey is completed, the results are uploaded to software developed by NORD that automatically evaluates the data. As part of a TCO analysis (Total Cost of Ownership), the most cost- and energy-efficient solution can then be determined. In the 2021 financial year, annual sales amounted to 870 million Euros.
In 2021 we find governments and organizations now grappling with these predictions and how best to deal with the outcomes of these predictions. Suez Canal blockage 2021. Without a thorough analysis of the supply chain and the consumption models, the business may still find itself running out of critical inventory.
For this, IBM and NRF surveyed 1,900 retail and consumer products company executives across 23 countries. The survey revealed that “intelligent automation capabilities help increase the annual revenue growth by up to 10 percent”.
Whether it be a change in routing from the initial route survey, inclement weather, or trucking issues, unforeseen problems are bound to arise. From a load this same colleague ran in 2021, they experienced a two-day delay due to unscheduled construction on the route that their selected driver had planned to take to his final destination.
A study by PwC found that 66% of surveyed executives anticipate higher supply chain costs as a result of diversifying away from China. Country of Origin 2020 2021 2022 2023 (first 9 months) CHINA 9.80 The underlying logistics regulations, political stability and compliance are biggest challenges. M VIETNAM 1.86 M SOUTH KOREA 901.88
For example, the analysis of procurement processes and expense trends might help companies select alternative or new suppliers, change the flow of supplies to optimize delivery time tables and enhance payment processes, such as double billing complaints. billion by 2021. Use of 3D Printing Advanced and Became More Affordable.
In a survey of 54 senior executives, only about one in four believed that the processes of their companies balanced cross-functional trade-offs effectively or facilitated decision making to help the P&L (profit and loss) of the full business.” The company ships directly to customers and also to distributors.
Some 81 percent of those surveyed in an IT study carried out in 2021 with 1,451 decision-makers reported that they were seeing more cyber threats during the pandemic. If desired, a cause analysis can be added on to each problem-solving procedure. Cybersecurity focus.
A recent survey by Bizrate Insights found that “60% of purchasers switched to online shopping rather than in-store during the pandemic” Further, “32% of them expect to continue to shop online, even after the pandemic”. Warehouse operators are raising their 2021 rent forecast to 6.5% Download Our Whitepaper.
The Dude, Michael Vincent, a long-time freight veteran rounds out Dooner’s high energy with witty one liners and makes you stay with the substance the Dude brings in his analysis of freight markets utilizing the freight forecasting platform, SONAR, to give listeners and viewers clarity to volatile freight markets. Great Quarter, Guys.
The current study “Mobilising the Delivery Workforce: The State of Mobile Technologies in Transport and Logistics 2021” by Arlington Research shows that mobile-first technologies will play a key role in the delivery of goods in the final delivery area. Collected data can be viewed using built-in data analysis and display tools.
The year 2021 has proved it once again that Tom McCarthy was right. Rewind to 2021! 2021 may not be a year for the logistics industry to cherish, but it was a year filled with a lot of takeaways. 2021 pushed businesses to take giant strides in their logistics processes and operations. lifestyle) or involuntarily (e.g.,
According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022. The company’s survey of Fortune 100 companies showed that 77% have implemented hybrid work schedules.
Some 81 percent of those surveyed in an IT study carried out in 2021 with 1,451 decision-makers reported that they were seeing more cyber threats during the pandemic. If desired, a cause analysis can be added on to each problem-solving procedure. Focus on cyber security.
As the Wall Street Journal reported recently, a survey of 1,310 supply chain managers in Europe carried out by the Chartered Institute of Procurement & Supply finds that one in 10 company executives in the UK fear that their enterprises could go bankrupt if Brexit causes Customs delays of just 10 to 30 minutes.
As I write this in the fourth quarter of 2021, there’s just no telling what the new year will bring in terms of emerging logistics challenges. Certainly no company could have foreseen the shutdown of the global economy in the early months of 2020 — or the continuing effects of COVID-19, such as port closures, throughout 2021.
As the market continues to evolve, a recent shopping survey from analytics and strategic insight firm Brick Meets Click and e-commerce technology software company Mercatus unveils the uptick was driven by a rebound in monthly active users (MAUs) and a higher average order value (AOV). billion, up 0.9 percent year-over-year. has pledged $3.4
Savings will focus on reducing fixed operating costs beyond product and transportation expenses that were “built up as a result of the rampant increase in transactions during 2020 and 2021,” McPhail said. percent in 2021 and 2.8 small businesses, from bodegas to florists, to deliver its packages by the end of the year. percent in 2018.
Between 2016 and 2021, VDC is expecting 4% and 5% growth in those sectors, respectively, with sales of rugged mobile devices reaching $3.189 billion and bar code hardware growing to $4.301 billion over the next four years. AutoID ma rket analysis. during the first quarter of the year. Faster shipments, lower labor costs.
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