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
What Shippers and Retailers Need to Know for Peak Season Planning 2022. WRITTEN BY STEFANY MARTIN / POSTED ON JUNE 9, 2022. Original Article: What Shippers and Retailers Need to Know for Peak Season Planning 2022. When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season.
He joined Reliance Partners in 2021 and has been leading efforts to drive big data and Insurtech initiatives across the enterprise to deliver a smarter insurance experience. There will be less clerk work and more data science work so employees must be trained for their new role. Mario is a graduate of Michigan State University.
Lidar, an acronym for light detection and ranging, is a sensing method of eye-safe laser beams that create a 3D representation of the surveyed environment. The lidar is scheduled for delivery in early 2022. Lidar developer Innovusion has unveiled its latest products for autonomous vehicle deployments at this year’s CES.
In 2022, the Postal Service processed more than 11.7 Last year, Chinese customs data show no shipments of wrought and unwrought germanium or gallium to the U.S. billion mailpieces and packages during the holiday season. In 2023, Amazon delivered around 5.9 billion packages more than UPS and FedEx. this year through October.
The survey was conducted by ISACA and the Digital Manufacturing and Design Innovation Institute (DMDII) in August 2018, captured responses from 167 participants from across ISACA, DMDII and Manufacturing Extension Partnership stakeholders. million worker shortage is anticipated by 2022. Three-quarters of U.S.
Escher , a global leader transforming postal operators and couriers, has published the results of its fifth annual Future of Posts survey. The Future of Posts 2022 Report highlights insights from a total of 284 respondents from 91 national postal operators from around the world. The Last Mile is Key.
SYSPRO surveyed CFOs and finance leaders in a variety of industries and learned that they’ve had to undertake a more flexible role than in previous years. Here are some of the major growth opportunities identified by survey respondents: 1. On-premises to cloud data migration. Operationalizing digitization and automation.
The food and drink ‘reformulation revolution’ continues apace in the UK’s supermarkets, according to Christmas supermarket survey figures released by CHEP UK & Ireland. Other survey findings. Bryan Roberts, an industry contributor to the Store of the Future toolkit, added: “The final quarter of 2022 is all about data collection.
Here are some data that support my view. However, GEP And S&P Global publish the GEP Global Supply Chain Volatility Index based on data derived from S&P Global’s PMI surveys. Furthermore, 2022 peaked out with values above 5, indicating extremely high levels of supply chain volatility.
Despite Hapag-Lloyd’s earnings report from earlier this week, market research firm Xeneta’s latest analysis of the shipping industry indicates freight rates have finally peaked, after skyrocketing throughout the first half of 2022, and will normalize throughout the rest of the year.
A recent survey of 200 supply chain management professionals across companies with 500+ employees, conducted by Edelman Intelligence, has found market insights, confidence levels and trends for this peak season and beyond. Even with that in mind, 85% of those surveyed have a positive view of how their revenue will look in the next year.
As Conor told us in a podcast episode from 2022: Pretty quickly we realized our costs were going to be about 30% higher than we thought. The following data is from a survey we conducted last month (May, 2023) across hundreds of small business importers who tap Freightos.com’s global freight marketplace. The key takeaway?
Logistics tech in 2022 has been unavoidably shaped by the two years that preceded it. This shaped the way BCOs approached 2022 and will likely continue to see supply chain; a new drive to ensure global freight shipping reliability at all costs. So without further ado, here’s your: Key Reads Logistics Tech Research and Updates for 2022.
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). Around 2 million EVs were sold in Q1 2022 — an increase of 75 percent compared to Q1 2021. According to IEA data, around 16.5 petroleum consumption.
It was not that long ago that the concept of data and system ownership was a nonissue. Current geopolitical tensions, new data privacy laws, and the dominance of the hyperscale cloud players (e.g. Where is our data stored? Is the data safe and secure? Is the data encrypted when stored?
Glenn Taylor | Sourcing Journal November 02, 2023 In an improving sign for the retail supply chain, the majority of shippers surveyed by third-party logistics (3PL) provider BlueGrace Logistics—64.4 Lockard called the excess inventory levels closing 2022 a “big driver” of the current freight recession. This is a slight jump from 61.7
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. As a researcher at Michigan State’s Broad College of Business, I will explain how I arrived at this figure, based on available data. Analysis of employment data.
million shoppers hit the stores and the internet to capitalize on Black Friday and Cyber Monday deals, according to a survey by the National Retail Federation. million people in 2022 to 121.4 imports from India between January and August this year, according to bill of lading figures shared by data firm Import Yeti.
Yet, peak season does seem to be less stressful than last year, and a recent survey of 200 supply chain management professionals across companies with 500+ employees, conducted by Edelman Intelligence, has found some surprising facts about the coming peak season. Supply Chain Confidence Remains Strong Despite Slight Setbacks .
Lack of data, lack of conviction and lack of organizational agility all conspire to keep companies from recognizing medium-term opportunities and challenges and responding decisively. It’s hard to find good data that provides a view into the next few months of consumer behavior and economic activity.
The same patterns were reported regardless of whether one used August 2022 or August 2021 for comparison. Certainly, there has been some stabilization based on the data released by Descartes Datamyne. American ports managed 2,220,331 twenty-foot equivalent units of imports in October 2022. This is a minuscule change of 0.2%
A survey last year found 58% of merchants biggest challenge for their business was the cost of shipping, and we are just days ahead of the busiest shipping season of the year. Last year’s data can show you where to optimize your shipping spend this year, based on your past expenses. Establish you budget.
CTA Get access to real-time freight pricing and transit time changes with Freightos Terminal Button: View Data Now Link: app.terminal.freightos.com Eytan Buchman CMO, Freightos Group Eytan Buchman loves freight so much he shouts out container sizes while he walks around. and bakes really good cookies.
This included cooperating on policy matters affecting the industry such as the PPWR and working together to source high quality data to inform better decision making for the business. Watt said surveys for the market report’s next edition would be issued to the membership much earlier, during February this year. This follows the 8.3
Businesses are prioritizing the speed of data propagation within their supply chains. 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.
As we turn the page on 2022 , I’d like to make five supply chain predictions about what to expect for 2023. 2022 saw China’s economy grow at a historically low level of 3%, owing to the zero-COVID policy and slowing export volumes. Organizations will be pressured to reduce costs and do more with less. As the U.S.
Data for the BlueGrace Logistics Confidence Index is aggregated through a survey of shippers and reflects all freight transportation modes, while correlating growth or shrinkage to overall industry volume of shipments and price of products, according to BlueGrace. from the third quarter of 2022 to the fourth quarter of 2023.
Japan farm exports in 2022 1st half hit record high as more dine out. will begin imposing 2022 peak-season surcharges on Labor Day and will apply certain ones based on weekly calculations that begin around mid-October and run until early December. In June 2022, Americans spent $2.5 And now on to this week’s logistics news.
New Survey Highlights Confidence in Supply Chain Operations Despite Challenges. Going back to the roots of disruption and stockouts across the nation, our August 4th blog post assessed the top challenges leading to risk in the supply chain and how limited data and outdated technology can metastasize problems and lead to bigger issues. #7.
I want to say a special thank you to Steve Banker and Conrad Hanf who I have worked closely with for the last 10+ years on Logistics Viewpoints as well as countless research projects, surveys, and events. Department of Transportation (DOT) has added three major West Coast ports to its data-sharing supply chain platform.
Welcome to 2022: Top 10 Supply chain logistics trends to watch out for 2022. Jumping into the new year, it is crucial for businesses to understand the logistics trends that could impact their supply chains in 2022. Find out the most important logistics trends that could impact supply chains in 2022.
Shipper's Guide to Planning Ahead Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 20, 2023 Data shows there is a consensus that revenue will increase and inventory levels will build. The latest LCI forecasts an upwards trend for Q2.
Companies knew this, which is why 93% of senior supply chain leaders surveyed in May 2020 by consulting firm McKinsey planned to increase inventories of key products and materials while also diversifying their supply base and localizing or regionalizing both supply and production.
According to a survey conducted by Transporeon and ARC Advisory Group, more than one in 10 loadings (11%) at warehouses need to be rescheduled throughout the day. The survey also reveals a considerable technology gap in yard operations: Nearly two-thirds of respondents handle their rescheduling completely manually.
Penske Logistics is seeking input from supply chain professionals to participate in the 2022 Third-Party Logistics Study: The State of Logistics Outsourcing. The survey is now live and will close on July 2. The study is a collaboration between Penske Logistics , NTT Data Services and Penn State University.
And while this definitely points to an industry making strides, a recent Procurious survey found that 75 percent of women in supply chain experience gender-based adversity. Trade between China and Canada hit record levels in 2022, with imports breaking the $100-billion mark for the first time, Statistics Canada data show.
According to a survey by McKinsey, 93% of supply chain executives plan to increase their investments in resilience, and 47% of them consider automation and digitization as the top priority. They also provide the vessel with access to real-time data, such as maps, charts, and weather forecasts.
A larger share of freight forwarders and supply chain professionals this year in 2023 are expecting disruptions owing to COVID outbreaks in China and the Chinese New Year factory closures as compared to the last year (2022). “We We are looking at three different Chinese Years in 2020, 2021 and 2022.
The “Top Employer Medium-Sized Businesses 2022” study – published on 27th November 2021 by the business magazine Focus-Business – ranks PSI Logistics GmbH among the 4,000 best employers in Germany in the current industry ranking. The top list was compiled by the research partner FactField GmbH on behalf of FOCUS.
Last week, Clint Reiser published an article highlighting our 2022 supply chain predictions. Data from the U.S. Three Logistics Imperatives for Managing Uncertainty in 2022 ; Terence Leung ( Blue Yonder ). While we have published predictions about supply chain technology trends at the beginning of the year in past years.
The bank said Friday that it is launching new “Supply Availability Indexes” via a blog posting on Monday that going forward will feature as part of its regular monthly surveys of regional business activity. The indexes will feature in future Empire State Manufacturing and Business Leaders surveys, the bank said. Import prices surged 0.9%
A new survey commissioned by ProGlove, leader in wearable barcode scanners , has identified the ongoing struggles of warehouses trying to predict demand patterns accurately. Of those surveyed, just 39 per cent of respondents felt they could accurately predict trends and activity for the holiday season.
Renewable diesel (RD) consumption increased by 68% in 2023 compared to 2022, with most consumption occurring where favorable carbon credit markets ensured price parity with diesel. Fleets using CNG met 70% of their fueling needs with renewable natural gas (RNG) on average in the annual State of Sustainable Fleets fleet survey.
With logistics experts estimating that high freight rates will remain through 2022, maybe even 2023, now is not the time to stress over transportation costs. Driver detention is a top concern for truckers finds a 2020 Workhound survey. As a result, capacity remains tight, and freight rates continue to increase. COMMUNICATION.
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