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The report includes data and insights from a survey conducted in November 2024 with. The research, conducted by Adelante SCM and commissioned by Magaya, highlights digitization trends and priorities in the freight forwarding industry. appeared first on Talking Logistics with Adrian Gonzalez.
With the chaos of the 2024 holiday season descending, the National Retail Federation predicts U.S. The post Alleviating the Uncertainty of Peak Season: The Role of Home Delivery in 2024 appeared first on Logistics Viewpoints. ecommerce spending in November and December will increase 8%-9% over 2023, translating to $295.1-$297.9
Today marks a pivotal moment for the transport industry as Women in Transport launches its second annual Women in Transport Equity Index Survey , a global benchmark for tracking diversity and equity in the transport sector. Equity and diversity are vital to the future of transport, and we’re proud to lead this essential work.”
More Resources Home June 4, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 5% to $5.43/kg
Last year, Chinese customs data show no shipments of wrought and unwrought germanium or gallium to the U.S. Conducted across key trading regions, the survey gathered insights from 978 leaders, emphasizing the importance of robust global trade intelligence for competitive and compliant operations. this year through October.
However, it’s only early February 2024, and we already have several major disruptions impacting supply chains. As Alan Amling at the University of Tennessee put it, “2024 is riddled with uncertainty.” Typically, we make it at least one month into the new year before we have to revise our plans.
Just when it seemed that 2024 would be a very welcome year of “normal” supply chains, the Red Sea crisis proved that for global supply chains, there is no such thing. With this fresh in mind, how are small and medium-sized importers preparing for 2024? And the answer lies in how their 2023 went too.
Are they expecting to face similar difficulties in 2024? Trinity Logistics wanted to get answers to these questions for you, so we asked a random sample of our shipper and carrier relationships to gauge the effect 2023 had on their business and what their expectations for 2024 in our first Freight Market Survey.
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. The rapid changes can be concerning but looking at data over the last 5 to 7 years shows that we are reverting back to “normal” patterns.
Port Everglades’ landside operations resumed Thursday morning and waterside operations are expected to resume Thursday, pending channel and berth damage surveys. Both ports are scheduled to reopen Friday, pending damage and safety assessments. It has this big ripple effect throughout the economy.”
More Resources Home Red Sea Crisis and Early Peak Season Surge Disrupt Global Supply Chains for some SMBs Judah Levine July 24, 2024 Since early May, supply chains have faced significant disruptions due to congestion caused by Red Sea diversions and an early start to ocean freight’s peak season.
More Resources Home The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization Eytan Buchman April 15, 2024 Dive deeper into freight data that matters Learn More The March 26th Francis Scott Key Bridge allision feels shocking. He’s obsessed with marketing, data storytelling (it’s a thing!)
More Resources Home Innovative Synergies: Logistics Tech Lessons from Other Industries Judah Levine May 23, 2024 Though the logistics and supply chain industry has made and continues to make a lot of progress in its digital transformation, it has a reputation for being part of the late majority or even a laggard in terms of digitalization.
Today’s article is the fifth part in a series featuring surveys from APQC on supply chain topics including ESG in supply chain , environmental sustainability , last mile , digital transformation. In May 2024, APQC gathered insights from supply chain professionals on Robotic Process Automation in supply chain.
Descartes’ 2024 Global Transportation Management Benchmark Survey shares responses from more than 630 companies, indicating there is a correlation between financial performance and the strategic importance senior management places on transportation.
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 the overall industry volume of shipments and the price of products, according to BlueGrace.
America West Coast spot rates , for example, have spiked more than 70%, passing the $5,000/FEU mark and their previous 2024 high hit in February when prices first soared on the start of Red Sea diversions. Learn more about Freightos Terminal here.
based non-asset-based 3PL BlueGrace Logistics presented a mixed outlook, regarding things like revenue outlooks and inventory rebuilding, heading into 2024. That should translate into keeping revenue somewhat balanced into Q1 2024,” said Derks.
Descartes’ 2024 Global Transportation Management Benchmark Survey shares responses from more than 630 companies, indicating there is a correlation between financial performance and the strategic importance senior management places on transportation.
Now in its fifth year, the State of Sustainable Fleets 2024 Market Brief sheds light on an industry meeting the moment of an active transition. 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.
Ralf Duester, board member of the Bochum-based SCM software specialist Setlog, shows which trends will be important in 2024. His statements are based not only on discussions with experts from the industry and research, but also on data from Setlog customers who use the SCM tool OSCA. At a glance: The top ten SCM trends in 2024 1.
Order-level Management: The tracking of orders from inception to fulfillment, and the management of the people, processes and data connected to the order as it moves through its lifecycle. Businesses can use this data to identify trends, forecast future demand , and make informed decisions about expansion or diversification.
The 2024 Third-Party Logistics Study survey is now live and is seeking input from supply chain professionals. The study is a collaboration between Penske Logistics , NTT Data Services and supply chain professor Dr. John Langley. Please click here to take part. It will close on June 30. 3PLStudy.com. By “Move Ahead” Staff
Image source: Rawpixel | The Future of Supply Chain: Top 5 Supply Chain Trends in 2024 Managing the market’s intricacies will call for a proactive approach that goes beyond simply responding to demands as the halfway point of 2024 draws near. Top 5 Supply Chain Trends in 2024 1.
Additionally, customer demand for green solutions is surging, with a McKinsey survey indicating that 60% of consumers are willing to pay a premium for sustainable delivery services. billion in the 12 months through November 2024), is supporting electricity costs.
Today’s article is the fourth part in a series featuring surveys from APQC on supply chain topics including environmental sustainability , last mile , and digital transformation. Survey respondents were asked to identify the top three challenges they face in implementing ESG into their supply chain.
Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.
As we close out 2024, businesses across the globe are reflecting on the challenges and triumphs of their supply chains. According to a McKinsey survey, 60% of companies in 2024 have invested in digital tools to improve supply chain resilience. in 2024, largely due to geopolitical and trade barriers.
Within the next week, New York will be bustling with people attending fashion shows, brand events, and participating in Fall 2024 Fashion Week. First, in the early 2000s, advancements in data analytics, RFID, and localized supply chains fueled the rise of “fast fashion.”
Let’s explore what the supply chain 2024 trends have in store for us! Let’s delve into the key supply chain 2024 trends that are reshaping the industry and driving innovation. These challenges carry worries about cybersecurity, data privacy, and the requirement for significant initial investments. The global Industry 4.0
More Resources Home Bridge the Gaps: How AI Unites Fragmented Logistics Tech Eytan Buchman September 18, 2024 Logistics and technology both share a common challenge—the biggest hurdles are often in the seams. Making sense from the noise: A recent WebCargo survey found that nearly half of all forwarders rely on three or more tech systems.
Penske Truck Leasing has earned placement on the VIQTORY 2024 Top Military-Friendly Employers list , in the over $5 billion category. Institutions earning the Military-Friendly Employer designation were evaluated using both public data sources and responses from a proprietary survey. Jobs magazines.
The forward-looking 2025 Third-Party Logistics Study survey is now live, and we are seeking input from supply chain professionals. A complimentary copy will be available after it is released at the CSCMP EDGE 2024 supply chain conference this fall as part of an educational session. Please click here if you would like to participate.
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. Prices rose 0.4%
Digital Transformation In Logistics Market – “Global Digital Transformation In Logistics Market Professional Survey Report 2019” presents the latest industry data and future trends, allowing you… The post Digital Transformation In Logistics Market – Recent Industry Developments and Growth Strategies Adopted by Top Players Worldwide 2019-2024 (..)
The publication of the “INFORM Trend Report on IT in Vehicle Logistics 2024 – Transforming Vehicle Logistics: Pivotal Role of IT and AI” marks the third installment in a comprehensive series of trend reports that delves into the evolving dynamics of vehicle logistics management.
billion in June, up 8 percent year over year for the month, with delivery surging, ship-to-home sales showing strong results, and pickup sales holding steady relative to last year, according to the Brick Meets Click/Mercatus Grocery Shopper Survey. Louis showing railroad carload traffic declining 28% from May 2014 to May 2024.
Each year, Penske Truck Rental reveals the top 10 cities that people are moving to, based on one-way truck rental data. Why People are Moving The survey asked individuals to reflect on their decisions to move and how they adapted to their new city to understand how relocating plays a role in feelings of happiness.
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.
According to a survey of 250 global companies by the consulting firm McKinsey, 91% of shippers and 75% of logistics service providers have implemented a warehouse management system. Outfitters expertise, along with these data-driven insights allow customers to find their best-fitting footwear.
Just last week, my colleague Clint Reiser wrote an article about the top logistics and supply chain conferences to attend in 2024. This survey-based research gathers quantitative data as well as information on practices or performance drivers. We look forward to seeing what the top logistics stories will be for 2024 and beyond.
The latest data from Manpower Group reveals that the net hiring intent for businesses in the UK’s Transport and Logistics sector is +21% (for this current business quarter – Q2 2024). Notably, 35% of all those businesses surveyed and planning to hire in this quarter say they will be recruiting ten or more employees.
Manufacturers need better Financial Management systems Gone are the days when basic accounting packages or spreadsheets sufficed for tracking financial data in manufacturing. Financial data is always up-to-date because of real-time integration between financial, manufacturing, inventory and other business functions.
A new executive survey, The Transportation Leaders Survey: A Road to AI Adoption , identified priority challenges that leaders across the transportation and logistics industries are facing and uncovered areas of opportunity for AI adoption. The survey asked leaders to assess barriers to current business priorities.
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