This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
But what happens if we look beyond this horizon and try to contemplate the market situation in the second half of 2021 as well as into 2022? The International Monetary Fund (IMF) has just published their new global economic outlook, and they have revised economic growth projections for 2021 and 2022 upwards. in 2021 and 4.4%
Tucker kicked off his presentation by describing market conditions as “red hot right now,” for various reasons. One reason has to do with more freight moving in 2021 compared to the same period a year ago, as the market is roughly 12 months into a pretty significant increase in freight activity and a resulting capacity crisis.
Fundamental shifts of e-commerce and consumer behavior took shape in 2020 and presented new and unprecedented challenges. These shifts led more fulfillment teams to identify and embrace emerging best practices as part of their 2021 planning. Parcel shipping volume skyrocketed. Fulfillment best practices treat the symptoms.
Supply chain forecasting is the difference between data-driven decision-making and floundering in the dark—here’s how companies can ensure theirs is as good as can be in 2021. Instead, they could largely rely on historical trends to shape the management of their inventory. Then everything changed. Utilizing New Data is Key.
After decades of controversy concerning the realities of climate change and its causes, the fossil fuel industry is now shifting to a strategy of presenting itself as the source of solutions. The post Carbon Capture Technology Trends appeared first on Logistics Viewpoints.
This post looks at how click & collect works, why demand for it is trending now, and what retailers can do to ensure click & collect experiences that are also good for their business. While interest in click & collect is not new, 2020 saw a massive spike in demand and turned it into one of the hottest retail trends.
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.
The e-commerce is changing and presenting online retailers with new and innovative ways of trading online. Because global e-commerce retail sales are expected to exceed 6 trillion dollars by 2021 every business wants to be a leader in their own niches. This proposes the question of what will be a trend in this industry in the future.
Mark your calendars for June 24 – the date that the 2021 edition of the Council of Supply Chain Management Professionals ( CSCMP ) State of Logistics Report will be released. Presented by Penske Logistics , and researched and prepared by Kearney , it will be launched virtually. Click here to register. By "Move Ahead" Staff.
With the national recovery in full swing, e-commerce sales growing and consumer spending all remaining steady through 2021, demand for trucking and land transport is extremely high right now. Those rates can run in the double-digit percentage increases and come on top of 2021’s increases. were up about 23% in 2021 over the prior year.
This is one of the critical competitive advantages that you can have in 2021 when virtually every business is feeling “the squeeze” following the shut-downs and social distancing measures that followed the COVID-19 pandemic. You also need to know about your sector and how market trends are moving so you can respond to them.
He focuses on areas of emerging impact on the retail industry such as customer data security’s impact on retail, environmental sustainability within the industry, video’s impact on loss prevention and store operations, and emerging trends in eCommerce, mobile, and social. Founder & CEO of OneRail @OneRail .
In 2021, Hong Kong International Airport handled 5 million tonnes of airfreight, still ranking as one of the world’s busiest air-cargo centres. In more than 30 months, the COVID pandemic has presented significant challenges to the global supply chains.
Speaking of top influencers within the industry, keep watch for these influencers as the industry prepares for what 2021 has in store for shippers, managers, and customers alike. William’s reputation for getting to the root of the top stories and trends within the industry makes him one of the must-watch trucking influencers of the new year.
The seasonally adjusted data is a more accurate depiction of the trends because it factors out seasonal dips and peaks unrelated to economic activity. The tonnage index for July 2021 was 109.8, The current base year is 2015, meaning from 2015 to the present day, truck tonnage has increased by 9.8%. What Do the Numbers Mean?
In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. Top Five Transportation Trends ; Chris Cunnane. Last week, I gave the keynote presentation at the Dangerous Goods Symposium, sponsored by LabelMaster and the DG Exchange. Steve Banker and Chris Cunnane.
Penske Logistics is taking part in a Council of Supply Chain Management Professionals (CSCMP) webinar, 2021: The Road Ahead, on January 27. Andy Moses , senior vice president of sales and solutions, will join a panel of experts that examines challenges facing 2021 supply chains and discuss current industry trends.
Whether you are already a GlobalTranz Freight Agent or are considering joining our team, the GlobalTranz Agent Conference , sponsored by DAT , is the perfect opportunity to learn about GlobalTranz’s latest technology, mode, and service offerings, network, and learn the latest emerging trends in logistics and technology.
As with so many other industries, COVID-19 has shaken up the logistics sector by rapidly accelerating a number of existing trends. Challenges ahead in 2021. So, what can the logistics sector learn in 2021? Of those who offer wellness programmes 79.3% said they have experienced reduced staff absenteeism, 56.9%
Thanks to innovative new products and comprehensive investments – the largest in the company’s history so far – the family company from North Germany could increase its sales by almost 18% in 2021, compared to the previous year, and further expand its position in the market. In 2022, live presentations will be staged. Reliable partner.
Staying up to date with the latest trends , technology and innovations is important within any industry, but it is particularly true of the logistics and shipping industry. 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. Register Here.
At the same time, exciting new trends dictate a future that promises to be more streamlined, efficient, and customer-centric than ever before. Let’s take a closer look at the newest trends in last mile delivery. What Drives Trends in Last Mile Delivery? trillion by 2021 worldwide. Customer Expectation.
Managing the rapid changes in available TL capacity when increased volumes begin to consolidate in California presents one of the most significant of those challenges. Meanwhile, stocking shelves with visually appealing, fresh produce is even more important in 2021 than in recent years.
Known to have first been celebrated in universities in the 1990s by single men, Singles’ Awareness Day has grown immensely popular with unmarried people all over China treating themselves to presents. Needless to say, Singles Day 2021 will have shoppers flocking in huge numbers as well. Trends likely to drive Singles’ Day sales.
Many major challenges of 2021—capacity constraints, ecommerce growth and driver shortage—are rolling over into 2022 and, in addition, the environment and machine learning are becoming more important for logistics and supply chain professionals. Online buying will fuel home delivery growth, challenges and new strategies.
Often times at Logistics Viewpoints, we like to look to the future and highlight the key trends that we see in a given market, or make predictions about what technologies will emerge as game changers in the new year. 2021 was the trough with in-person events severely limited. You name the provider, and they are present.
As we chug along into the first quarter of 2022, the trends we observed last year continue to play out. The impacts of these trends can be significant. The global cold storage warehouse market is expected to grow at an annualized rate of 13.5% (CAGR) from 2021 to 2028. So it is important to be proactive and plan accordingly.
Managing the rapid changes in available TL capacity when increased volumes begin to consolidate in California presents one of the most significant of those challenges. Meanwhile, stocking shelves with visually appealing, fresh produce is even more important in 2021 than in recent years.
Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains. for Q2 2021, relative to Q2 2018. Based on the most recent data released for June 2021, employment stood at 765,500. Analysis of employment data.
Remote personnel present operational challenges. Let’s examine some trends and try to make some predictions for 2021. As we slowly emerge from the Corona Virus the industry is experiencing a myriad of changes. Customer service and sales staff have been reduced significantly.
Stay Abreast of Industry Trends. Our presenters will share up-to-date industry data, insights, and valuable perspectives on current and emerging trends in logistics and technology that you can use to guide your business. Register for the 2021 GlobalTranz Agent Conference today! Network and Connect.
Thankfully, those losses didn’t materialize due to the accelerated distribution of the COVID-19 vaccine starting in 2021. One of the more pervasive and troubling trends in shipping industry news is employment and staffing. New opportunities will present themselves, and redundancies or obsolete practices will need to be retired.
The supply chain disruptions experienced throughout the pandemic has led to an increase in spending in this area, as reported in 2021’s CFO 4.0 The report underlined a growing impetus and trend in business to pursue both new markets and novel innovations. Survey findings.
And one of the easiest ways to keep up-to-date with the latest news and trends is to follow the available top freight podcasts. This live video podcast features some industry heavy hitters as an ensemble presentation. Look for the brand new FreightWaves TV show and podcast to launch in 2021! ” Listen on Apple Podcasts.
Achieving a turnover of €303m, 2021 was strongest year in BITO-Lagertechnik Bittmann GmbH ’s history, and a year when BITO received a climate-neutral certificate. The past two years have presented enormous challenges for many companies, especially in the field of logistics. BITO storage and logistics solutions are in high demand.
As we enter 2021 and gear up for a new year, many of us are making personal resolutions and reflecting on what we want to achieve in the coming year. Whether you’re setting personal resolutions for 2021 or not, there’s no time like the present to turn your focus to your business and what goals you should focus on moving forward.
This paper presents the exemplar concept of national support as an approach upon which a future civil-military relationship in Australia is based. A new narrative could be presented to Government in the wake of Defence’s mobilisation review currently underway and would help to guide whole-of-Government planning for military-based crises.
Henry Queen | Reporter, Tampa Bay Business Journal January 27, 2023 If 2021 was the year that companies generally regretted not having enough inventory, then 2022 was the year they regretted having too much. Meier, who studies industry trends for BlueGrace, said demand “hasn’t fallen off the cliff yet.”
This trend has been constant and shows no sign of slowing down. The present conditions of bridges are one key aspect. Many people don’t realize that as the ships grow in size, so do the parts that operate them, such as the ship’s engines, propellors, etc. These bridges would need significant maintenance or even replacement.
West Coast pendulum services” in order to reduce exposure of the European and Asian ports to delays presently experienced in the U.S. Splash sources are optimistic that conditions will stabilize by the second half of 2021 in harmony with high demand, but the sources at JOC do not seem to be aligned with this idea.
NWPCA Vice President of Public Affairs Jason Ortega, echoed the theme of international partnerships as he presented an update on his organisation’s activities. per cent on 2021. The TIMCON meeting also featured presentations by Charlie Law, Sustainability Director for TDUK, and Nick Boulton, TDUK Head of Technical and Trade Policy.
In this blog, we critically examine the transformation of logistics education in higher institutions, comparing past, present, and future developments in this field. The presentPresently, logistics education has shifted towards a more comprehensive and integrated approach. Gartner (2021). Fawcett, S. Gartner Research.
This presents a huge challenge for enterprise shippers who have not embraced modern technology and freight tools. Since the beginning of 2021, maritime shipping lines will need to refocus on safety compliance. The solution: Recognizing market trends as they occur in real-time is easier with access to actionable, insightful data.
The Covid-19 pandemic and the 2021 COP26 summit have sped up sustainability awareness around the world, increasing pressure on companies to make meaningful changes to operations, writes Christos Chamberlain, Flexport ’s UK General Manager. Track and Trace.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content