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2021 will be remembered as an unprecedented year of supply chain disruption and market volatility creating a host of challenges for shippers and carriers alike. Without further ado, here are GlobalTranz’s top posts of 2021: #1. New Survey Highlights Confidence in Supply Chain Operations Despite Challenges.
A Breakout Session at the TWI Summit Last year (2022) was “Old friends meeting for the first time” as 2021 had been virtual and the online community really came together during 2020 and 2021. Also the evening of the 13th is the Kata Geek Meetup, a less formal series of short presentations and discussion.
Mary O’Connell and BlueGrace’s Vice President of Carrier Sales, Raddy Velkov, sit down to talk about a carrier centric relationship model and how to leverage tech to build your network. Published January 25, 2021. To read the entire blog visit BlueGrace Logistics. By Mary O’Connell | FreightWaves.
In 2021 alone, the e-book revenue in the USA reached $1.1 The post How to Host Your Ebook and Share It with Others apareció primero en Kotobee Blog. Ebooks have been seeing an increasing boom in the last few years. billion, and this doesn’t include the revenues of independent authors.
Meanwhile, the US pounds moving across truck shipments of fresh fruits and vegetables are outpacing imported produce at 280,000 pounds as of May 23, 2021. The post 2021 Produce Season Transportation Capacity Outlook and How to Navigate the Market appeared first on GlobalTranz Enterprises, LLC.
While we can’t predict what 2021 will have in store, we can keep you informed about one of the biggest holidays worldwide… the Chinese New Year! In 2021, the Chinese New Year will take place on Friday, February 12. How to Get Through the Chinese New Year. Sign up to our blog newsletter today ! P.S. Liked this article?
The GlobalTranz Agent Conference is packed with insightful and inspiring sessions that will provide you the up to date market knowledge you need to meet your 2021 business goals. The post How To Get The Most Out Of The 2021 GlobalTranz Agent Conference appeared first on GlobalTranz Enterprises, LLC.
Many LTL industry trends, including capacity limitations, increasing accessorials, surcharge rates, changes in market trends and buying patterns, are almost certain to continue through 2021 and for some time to come. How to track trends developing in long-term pricing agreements. Download the White Paper. Request a SONAR Demo.
Read also: How to Calculate the Cost of Transport 2. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%. Read also: What Makes Every Delivery More Efficient Than the Last How to reduce delivery costs of last-mile?
Because you can find plenty of other articles on this blog and the Logistics Bureau blog if you’d like to peruse such lists. It is a practice that can help you boost performance significantly by showing you how it compares with that of your competitors and peers. How to Benchmark Your Supply Chain With KPIs.
According to the American Trucking Association, the industry faced a shortage of over 80,000 drivers in 2021, projected to grow to 160,000 by 2030 if current trends continue. Retrieved from bls.gov The post Why Driver Availability Is On the Decline & How to Cope With the Challenge appeared first on WorkWave.
Preparing a successful shipping strategy for 2021. It is easy to get swept away with everyday tasks and become reactive, but it is critical to stay proactive and be aware of the general changes going on in the market that can indicate how small businesses should function moving forward. Kick start 2021 with GoShip.
Freight management companies and partners can remain unsure of how to attain or utilize meaningful, actionable freight data. . Considering that, it’s easy to see how increased transportation data use can translate into more meaningful pricing strategies. Why outdated data hurts carriers in the short- and long-term.
The real story with rates is that there will be a volume backlog that will persist through the first quarter of 2021, and while short-term corrections will occur, the overall trend will be a decline in rates. Capacity is expected to remain fairly tight through much of 2021. Rates will swing in tandem with the market influences.
The Commercial Vehicle Safety Alliance (CSVA) International Roadcheck is set for May 4-6, 2021. To reduce the risk of supply chain disruption , shippers need to know what it means for their operation going into the start of May and how to use the right services to find available capacity before the CVSA roadcheck storm arrives.
Actionable advice from 2021 Top Companies for Women to Work For in Transportation. Oct 29, 2021. In 2021, we’ve been focusing on strengthening this culture of inclusion, mitigating bias and fostering a diverse employee community through several initiatives,” said Sunita Solao, vice president of people at Convoy. FreightWaves.
Meanwhile, stocking shelves with visually appealing, fresh produce is even more important in 2021 than in recent years. Driver shortages and lengthy detentions have already plagued 2020 and are slow to show any significant improvements thus far in 2021. The post How Can An Inbound Logistics Program Help During Produce Season?
When implementing omnichannel retailing, the biggest question that arises for retailers is how to reorganize their last-mile logistics. According to a study released in 2021, five of the top nine factors driving customer value in U.S. – Leading drivers of online retail shopping in the US in 2021, Statista. Schedule Demo.
And to survive 2021, freight management parties need to know a few things about the value of shipping lane acuity and how SONAR makes insight into possible. Part of that risk plays into how successful shippers or carriers will be with keeping their overhead expenses under control and maximizing efficiency. Think about it.
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. This same flexibility will remain essential in 2021 and for the foreseeable future.
The graph below illustrates how 80% of a company’s sales revenue comes from 20% of their stock items: ABC analysis & The Pareto Rule for inventory management. How to Calculate ABC Classification. Here is a working illustration of how to divide your inventory using annual consumption value.
How to overcome demand forecasting challenges. Use this data for your forecast instead of simply using taking the figures from 2020 or 2021 when demand data could be skewed due to the ‘coronavirus effect’. The post Demand forecasting challenges – how to deal with fluctuating demand appeared first on. Use qualitative data.
12–14, 19 and 21–22, 2021 The event often gets the nickname of Retail’s Big Show as it is a primary cornerstone of the NRF Retail Week event. The event will teach you how to accomplish these goals and more. Q4 logistics conferences As the industry gears up for peak season 2021, the priority becomes readiness. Register Here.
Here’s how to keep your freight—and information—safe. In the second quarter of 2021, cargo theft experienced a 253% increase by value. How’s this for scary? In the second quarter of 2021, cargo theft experienced a 253% increase by value, according to Sensitech’s quarterly Cargo Theft Intelligence Report.
Here are ways you can optimize your inventory management practices for eCommerce competitiveness: How to Manage eCommerce Inventory. First published on Nov 2017, updated Feb 2021. The post How to Optimize Inventory Management for eCommerce appeared first on EazyStock. Forecasting eCommerce inventory demand.
Consequently, there’s also been an effect on shipping costs as container prices surged in 2021 due to limited availability and increased demand. The post Shipping container shortages and how to better manage your inventory appeared first on EazyStock. These higher costs have impacted the profit margins of many businesses.
Whether you’re handling your own eCommerce fulfillment or considering a third party logistics company ( 3PL ) to handle it for you, you need to have a clear understanding of the shipping options available, how to calculate eCommerce shipping costs, and ways to reduce these shipping costs. How to Reduce Shipping Costs.
In the Fictiv 2021 State of Manufacturing Report 95% of industry leaders acknowledged that digital transformation is necessary for their company’s development and success. However, many manufacturers and distributors don’t know where to start and how to structure their approach to embark on the journey to digital transformation.
of retail sales in the US were returned in 2021, and up to 10% of these returns were fraudulent. The post Fraudulent Returns: How to Protect Your Small Business appeared first on GoShip: Online Shipping Platform. Unfortunately, higher return rates also translate into an increase in fraudulent returns.
With bid season fast approaching for shippers, understanding what Q4 has in store will have a tremendous impact on how you go about your bidding process for 2021. These two factors combined can result in elevated truckload spot rates and capacity shortages through the end of 2020 and potentially continue well into 2021.
According to a report , between 2020 and 2021 there was a dramatic growth in companies focusing on making their supply chains more resilient. How to implement a Supply Chain Management solution. The post How manufacturers and distributors can address supply chain management challenges appeared first on SYSPRO Blog.
billion in online purchases on Cyber Monday in 2021. Brands should educate customers on how to dispose of packaging on labels. As online purchasing continues to grow a new focus has shifted to sustainable packaging. And for good reason. According to Adobe , consumers spent $10.69 They need to minimize unnecessary packaging.
How to Choose the Right Third-Party Logistics Provider. Outdated technology is simply not feasible in 2021. Subscribe to our blog newsletter for more! The post The 101 on 3PL Providers: What They Are & How They Work appeared first on ShipMonk | Fulfillment Center | Order Fulfillment Services. Technology.
If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the resiliency test. Wholesale food distributors and producers had to figure out how to sell directly to the public. Supply Chain Disruption Will Continue in 2021. What do we mean by that?
By early 2021 as the economy rebounds and carriers have departed a depressed market, under-prepared shippers will again have trouble getting loads covered. What you really need to understand and be able to communicate to management is where you should be and how to get there. Now, let’s look at how to get there. Probably not!
The Logistics Blog®. What are the causes, impacts, and how can shippers successfully navigate this environment? How to navigate the current import/export environment. Imports are expected to decline through Q4 but 2022 will still end the year with higher import volumes than 2021 according to the National Retail Federation.
An updated and modernized freight tech stack will make a recovery possible in 2021. According to Supply Chain Game Changer , “By creating an ecosystem which focuses on transparency, companies can have visibility into the order to reduce the risk of potential issues as well as gain data on how to manage orders better.”
What are the causes, impacts, and how can shippers successfully navigate this environment? How to navigate the current import/export environment. Imports are expected to decline through Q4 but 2022 will still end the year with higher import volumes than 2021 according to the National Retail Federation. The nearshoring trend.
Rather than stressing about how to get local fleets to the other side of the state or the country, a different carrier can be tapped to handle a specific load. Partner with trucking carriers to meet 2021 fully prepared . Benefits of working with different carriers for different loads.
Oct 26, 2021. Between customer demand for electric vehicles, chip shortages, and environmental, social and governance initiatives, the already complicated automotive supply chain has gone through a whirlwind of changes — changes likely to cost the industry north of $100 billion in revenue in 2021. Grace Sharkey, Reporter.
A recent report The Fictiv 2021 State of Manufacturing report has shown that many companies are in the process of becoming more digitally proficient and organized. It may be difficult to decide how to spend a limited budget on new digital technology. IM&E companies need to start looking at digitizing operations. Download Now.
In this blog, we’ll answer all your questions and more on flatbed shipping. This information will help logistics providers know how to properly secure your cargo ahead of time. How to Prepare for Peak Flatbed Season. From January to February 2021, new homes and building permits were up 30% YOY. WHAT IS A FLATBED TRAILER?
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. The post How the pandemic has changed the supply chain appeared first on SYSPRO Blog. For example: Japan earthquake 2016.
While we’re happy to leave 2021 in the rearview mirror, many of the same trends will impact the truckload market in 2022. Contract rates, representing about 70% of the market, will be up about 4%-5% over 2021. How to Manage Truckload Macro Trends. How to Become a Shipper of Choice.
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