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Novonix is also collaborating with local educational institutions to create STEM-focused training programs and offer employment opportunities to disadvantaged groups. Song of the week: The post Supply Chain & Logistics News Round-Up (December 30th 2024- January 2nd 2025) appeared first on Logistics Viewpoints.
With the chaos of the 2024 holiday season descending, the National Retail Federation predicts U.S. For example, price-conscious consumers don’t need an expensive next-day delivery option; instead, delivery service with a longer lead time but lower cost will appeal to this group. billion in sales.
Read more The post Key Factors Shaping Transportation Management in 2024 appeared first on Talking Logistics with Adrian Gonzalez. How can you find the right balance between cost, service, and risk, while also ensuring compliance? That question is more.
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.
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.
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.
Insights into the North American supply chain from Descartes’ 2024 Global Transportation Management Benchmark Survey The role of transportation management has become more critical than ever as companies strive to balance efficiency, cost, and customer satisfaction.
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 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.
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.
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. Surely all the technology and guardrails should prevent this type of disaster.
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. By Robert Reavis , Director, ButcherJoseph & Co.
Easyfairs has officially opened registration for this year’s exclusive AntwerpXL (AXL) event at the Antwerp Expo in Belgium, taking place from 8 October to 10th 2024. Responding to our attendees’ survey last year, we have extended the opening hours and added a closing party for even more networking opportunities.
Ralf Duester, board member of the Bochum-based SCM software specialist Setlog, shows which trends will be important in 2024. At a glance: The top ten SCM trends in 2024 1. Open-source software is increasingly convincing In detail: The ten most important SCM trends in 2024 1. Skilled labour shortage forces action 2.
Easyfairs has officially opened registration for this year’s exclusive AntwerpXL (AXL) event at the Antwerp Expo in Belgium, taking place from 8 October to 10th 2024. Responding to our attendees’ survey last year, we have extended the opening hours and added a closing party for even more networking opportunities.
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.
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.
Panasonic plans to resolve the bottleneck in early 2024 when it starts producing the advanced cells at the $4 billion battery factory it’s building in Kansas. According to the survey, half of grocery customers surveyed said they would choose next day delivery or longer if they could pay even lower pickup fees.
Accelerating Modernization to Manage Returns The survey showed 74% of European warehouse decision-makers (73% globally) have or will be accelerating timelines of modernization projects. A majority of warehouse decision-makers (76%) say they are under pressure to improve performance while adjusting to shifting consumer ecommerce demands.
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.
After 10+ years of writing the weekly news roundup, as well as a bi-weekly column for Logistics Viewpoints, today is my last day at ARC Advisory Group. percent decline in Priority Mail Services volume year over year for the third quarter of fiscal year 2024, which ended June 30.
In a recent NielsenIQ survey, 91 percent of consumers indicated they are planning on celebrating US Thanksgiving this year with a majority (83 percent) either staying at home (59 percent) or local (24 percent) (within 50 miles of their home). So, what does the 2022 Thanksgiving holiday look like? billion in chemicals cargo a week.
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.
A study by market research group NPD reveals how that particular market grew in value in January by 20 percent compared to a year earlier. billion (USD) in 2020 and $164 billion by 2024. and Meituan Dianping. It is estimated to reach $122.7 The increase is attributed to fears of COVID-19 contamination. percent in the month, it said.
The labor market in 2024 is exceptionally competitive, particularly in residential and commercial service industries such as lawn care, plumbing, pest control, HVAC, contractor and more. as of March 2024. Get Qualitative Feedback An employee feedback platform can be used to conduct pulse surveys and gather valuable insights.
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.
Real-estate services firm CBRE Group Inc. said its survey of 13 malls and outdoor shopping centers it manages across the U.S. Aurora Innovation, which also counts FedEx and Toyota as partners, looks to launch the Aurora Driver self-driving platform at the end of 2024. That’s all for this week.
PepsiCo Europe has entered into a groundbreaking agreement with GreenDot Group to bolster the recycling of plastic waste for use in snack packaging. One of the main drivers of the trend is the growth of international flows from exporting shippers, the firm found in its “2023 E-shopper barometer” survey, released in February.
That data’s from a survey by the return logistics company goTRG. The FEOC rules come into effect in 2024 for completed batteries and 2025 for critical minerals used to produce them. But there’s now a decent chance that if you want to return an item, the place you bought it from might just say, “keep it.”
An interest group of the Singapore-based Logistics & Supply Chain Management Society (LSCMS), the Shippers Council is a professional association that counts members from organizations with a vested interest in logistics, including end users, technology and service providers, government and academia.
According to a March 2024 report by HighRadius , 52 percent of companies seek extended terms – quite the opposite view. A 2023 survey by AU Group shows that since the third quarter of 2022, the number of business failures in almost every region of the world has risen. This can involve shortening payment terms (e.g.,
vehicles to the US last year, an increase of 8.1%, despite its light vehicle assembly dropping by 400,000 units to 2m with no sign of a recovery through to 2024. A vehicle terminal at the new location is planned for the second stage, which will be completed by 2024. Canada exported 1.8m Threats and promises.
As of mid-2024, imports of de minimis parcels have already passed 700 million even before the holiday season rush, exceeding all of 2022’s shipments in just half a year. in the survey in the coming months. According to US Customs and Border Protection (USCBP) data , in 2022, 685 million de minimis parcels entered the country.
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