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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. Continued lockdowns over the emergence of new COVID variants left the Produce Shipping Season of 2021 in a panic.
With a worldwide vaccine distribution effort underway, the global pandemic still impacting most regions of the world, and supply chain disruptions persisting, the transportation environment remained unpredictable as we moved into 2021. In another JOC outlook article , William B. Tracking Trucking Activity. Cassidy discusses the U.S.
When it comes to major issues, industry events, and new developments, TT journalists get the story first and get it right, keeping readers informed about all aspects of the trucking industry and helping them stay ready for what’s to come.
Last week, Clint Reiser published an article highlighting our 2022 supply chain predictions. So, I want to take this opportunity to reflect on the top 15 most popular logistics stories from 2021 and see what our readers found to be the most interesting. year-on-year in 2020 with a 39% increase in Q1 2021. Data from the U.S.
2022 was a pretty good year from an industry standpoint. Volumes were still elevated (certainly not like we saw in 2021) and capacity was inline. Subscribe to our newsletter and receive the top five logistics articles of the week every Friday morning by selecting “Weekly News Update” when you select your preferences.
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.
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.
In this article, the main hyped, promising, and solid solutions but widely adopted technologies in supply chain management are discussed. These solutions align with the operational needs of many industries. The post 2021 Supply Chain Technology Trends to Watch appeared first on Logistics Viewpoints. Hyped Technologies.
Often times hackers will target industries with less advanced security for this reason. For tips on how you can prevent some of these ransomware attacks be sure to read our article “Cybersecurity in Logistics.”. The post Ransomware Attacks on the Rise in 2021 appeared first on Evans Distribution Systems.
and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Michael Leto , CEO of Emerge , has been in the transportation industry for over 21 years and played an active role in creating one of the largest and fastest-growing 3PLs in the country. About Michael Leto.
Original article: Key Challenges in Fresh Grocery & Supermarket Supply Chains. As early as 2018, a Neilsen study found that fresh foods were “the primary driver of growth in retail stores, accounting for 49% of all dollar sales growth in the fast-moving consumer goods industry. Then, a few months later, COVID came along.
What will these developments mean for employment in the supply chain and logistics industry? According to the same WSJ article, “Warehousing and storage companies, which added more than 400,000 jobs in two years through the end of 2021, dropped 20,000 jobs from September to October.” in the European area, 8.2%
Digitization trends are and will sweep the trucking industry by 2030. Check out the full article and get a glimpse at the future. The post The Weekly Freight Report for March 4th, 2021 appeared first on FLS Transportation | The #1 3PL for Cross-Border Freight. A new survey from IBM says that’s about to change.
In this article, the main hyped, promising, and solid solutions but widely adopted technologies in supply chain management are discussed. These solutions align with the operational needs of many industries. The post 2021 Supply Chain Technology Trends to Watch appeared first on Logistics Viewpoints. Hyped Technologies.
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.
Fortunately, the logistics industry is relatively calm. According to Williford, the added capacity enables the system to better absorb these changes than if it had occurred during late 2021 during peak supply chain congestion. READ THE FULL ARTICLE There’s a generally well available capacity for transportation today.”
A new article in the Sourcing Journal reveals that industrial rents in the Inland Empire climbed 59.6% in the fourth quarter of 2021, while the vacancy rate declined to 0.6%.
Blockchain in Action: Technical Implementations and Architectures Food Supply Chains: Cryptographic Provenance & Interoperability Several major food industry players, including Nestl, Walmart, and Carrefour, are adopting IBM Food Trust, a blockchain-based platform built on Hyperledger Fabric to improve traceability and food safety.
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. 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%. increase from 2020.
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.
However, making transportation… The post Time for the Low-Tech Transporation Industry to Convert to High Tech appeared first on Insights Center - Mazars - United States. As organizations look to modernize, transportation management is often one aspect of a business that is overlooked.
This article will provide a brief update on the mergers, acquisitions, and other major ownership changes that have occurred since we last published this research in 2021. AutoGuide Mobile Robots was merged with Mobile Industrial Robots (MiR) by Teradyne in the fall of 2022. Magazino was acquired in August 2023 by Jungheinrich.
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%. Even if you don’t care about world economics or how the logistics industry operates, this is important. Let’s talk freight. . Credit: Lufthansa ).
Steve Rowen is a Managing Partner at Retail Systems Research, an industry market intelligence firm that helps retailers make more strategic decisions about the role of information technology in their enterprise, and helps solution providers better meet those needs. Founder & CEO of OneRail @OneRail .
While it is not approaching the levels seen in 2021, the volume index is quickly approaching levels seen in 2022. This has buoyed optimism in the industry. In 2021, rejection rates hovered in the 20-30 percent range. Stay Up To dAte Looking for a more frequent update?
This article is from Asena Denizeri & Anil Gurbuz at Solvoyo and examines the challenges around supply chain planning for 2022 and beyond. Pretty much all around the world, lockdowns and ever-changing curfew hours have been a reality for customers in 2021. To read the full article, click HERE.
There has been a lot of talk in the news and industry publications about the struggles facing the supply chain industry. Even we have discussed the challenges logistics providers must overcome in recent articles like “ The State of U.S. Despite these challenges, the ocean freight market is on the rise in 2021.
This article is from GEP and look at the impact of EV boom on the oil & gas market. The sales of EVs increased exponentially throughout 2021 and are projected to experience the same trajectory in 2022, according to the International Energy Agency (IEA). In 2021, consumption of gasoline stood at 8.8 petroleum consumption.
As we’ve passed the halfway mark of 2021, we know a few things about the freight capacity crunch: it’s bad and only appears to be getting worse. As a shipper, you are having great difficulty moving freight, while carriers are being offered more loads than they can possibly handle.
demand and strong activity in the automobile industry, investors have started looking to Mexico to produce more goods including cars. Exports of non-petroleum goods grew nearly 27% in February compared to the same period in 2021. At the same time, the number of suppliers in China that received procurement bids declined by 9% in 2021.”
This article is from Chetan Chaudhari at GEP and examines the ongoing aluminum can shortage. Beer and food industries are particularly affected by the shortages of aluminum cans as most customers prefer take-home packaging. Aluminum is preferred in various industries due to its lightweight and high recycling rate.
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. We are currently compiling and analyzing the response data.
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. The tonnage index for July 2021 was 109.8, Data Collection.
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.
The COVID-19 pandemic was a major disruptor for the global shipping industry. By the fifth quarter (Q1 2021) global trade had already surpassed levels recorded before the pandemic (Q4 2019). In March 2021, U.S. Demand for goods plummeted as nations locked down and individuals began to quarantine. In the U.S.,
As we typically see in the first months of a calendar year (setting aside what we saw in 2021), rates are usually at their lowest point due to volume being restrained. 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 article breaks down the new costs for small parcel products and the impact on shippers moving forward. In March of 2021, the United States Postal Service (USPS) unveiled “Delivering for America,” a 10-year plan to achieve financial sustainability and service excellence. billion in 2021. Medium Flat-Rate Box $15.50 $16.10
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.
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? billion in 2021. billion in 2021. According to the National Retail Federation, the average spending on Mother’s Day flowers in 2021 was $19.50
Liner shipping plays a very important role in the container shipping industry carrying 25.3 As I highlighted in my Annual Review for 2021 , global container shipping alliances operating in the container industry account for 84.60% of the container shipping market. I have reproduced the thought provoking article below.
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.
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.
According to Splash 24/7, unusual buying patterns created by excessive demand, labor shortages due to COVID-19 outbreaks, and container shortages have created what the site calls a “perfect storm” for the shipping industry. as stated by Splash. It goes without saying that we are living in very unpredictable times.
While it is not approaching the levels seen in 2021, the volume index is quickly approaching levels seen in 2022. This has buoyed optimism in the industry. This, in turn, will have an impact on restocking of inventories and trucking activity. JUST SOME GOOD LUCK? Stay Up To dAte Looking for a more frequent update?
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