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Top Trends in Supply Chain Tech with Charley Dehoney. Charley Dehoney and Joe Lynch discuss the top trends in supply chain tech. Charley is currently working on a number of freight-related projects including a stealth startup focusing on automating global trade and acquiring logistics business. About Charley Dehoney.
Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. Feels like 2022 For the majority of this year, volumes have seen their traditional seasonal patterns and have been trending above 2023 levels. Figure 1.1
Joe is Founder and CEO of The Logistics of Logistics , a media property that provides valuable insights from logistics and supply chain leaders on various topics related to the industry, such as innovation, technology, trends, and the future of freight.
This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supply chains for efficiency, cost savings, and resilience. For logistics professionals, understanding how these changes impact freight networks is critical to staying ahead. Government Incentives for Reshoring The U.S.
In this article, we take a closer look at the trends we observed in Q4 and explain why now is the perfect time to strengthen partnerships with your bulk freight partners. While these factors contribute to a stable operating environment, they also bring challenges and uncertainties as we look ahead to Q1 of 2025.
JW Surety Bonds is the largest writer of the BMC-84 Freight Broker Surety bonds and the largest privately owned surety agency in the country with over 70+ employees and 50,000 customers nationwide. Read our detailed article to determine whether you should get a BMC-84 or BMC-85. About JD Weisbrot.
Have you ever wondered what the future of international logistics and ocean freight will be? If you are someone who works in this field, it’s a must to stay informed of the new updates and trends. Get ready to navigate the seas of transformation in the world of ocean freight and logistics with Trent Morris!
When I first began planning this article, the most significant impacts of COVID-19 were primarily limited to Mainland China. Now the entire freight transportation industry, across air, ocean, road, and rail sectors, is awash with disrupted expectations and has retreated into survival mode. Air Freight Transportation Trends 2020.
Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. First, local freight that is destined for ocean travel will now need to find another port of departure, likely destinations the ports of NJ/NY; Philadelphia; and Norfolk, VA.
The freight rail industry is evolving rapidly as it adapts to economic shifts, sustainability goals, and advancements in technology. A recent article from Inbound Logistics highlights eight major trends influencing freight rail in 2025.
I’ll get to the main factors that are driving this growth in another article, but the main reason is the robust ROI attributed to a TMS. Companies buy a TMS to achieve freight savings which can be attributed to simulation and network design, load consolidation and lower cost mode selections, and multi-stop route optimization.
In this edition of “SONAR Indices & Insights,” the SONAR team will explain another index found within SONAR, the freight forecasting platform from FreightWaves. In this article, you learn what the RESL Index is, what it may tell various freight market participants, and what the RESL Index can do for each freight market participant.
Regardless of specific mode, the warehousing and distribution environment appears to be a common issue for many freight operators right now. In another JOC outlook article , William B. As a result, the freight markets have remained strong. Ocean and Air Trends. Tracking Trucking Activity. Cassidy discusses the U.S.
Gain insights into the latest trends in ocean freight from an international logistics perspective and discover how the industry is evolving in terms of global shipping operations. 12 Smart Ways to Reduce Your Freight Costs
In the first four months of 2021, bulk freight shippers have seen tight capacity and high rates for bulk trucking services. Both of those trends have continued in May and show no signs of letting up as we head into summer.
Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. Freight Volumes Stagnant As the U.S. Capacity Declining To further illustrate the impact of freight volumes on capacity, Figure 1.2
Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. And while you can’t tell if a van is loaded or not, every single flatbed had freight on it. So, ladies and gentlemen, freight is still moving in this country.
Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. The slight upward trend continues with volumes and rejection rates (Figure 3.1). GOOD NEWS, BUT… Consumer spending is the biggest driver of the U.S.
US-Mexico Trade Trends Indicate Nearshoring Has Momentum Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - December 7, 2023 ‘While Mexico Has Surpassed China as the United States’ No. While Mexico has surpassed China as the United States’ No.
Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. in the past 90 days, outbound volume from this market has increased almost 23 percent and the rate of carrier rejections has also shown an upward trend by over 50 percent.
Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. container costs from Asia to Los Angeles are over $1700 cheaper than freight bound for an East Coast port, such as New York. COULD WE LOSE CARRIER CAPACITY….WITHOUT
Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. WILL 2024 BE A FREIGHT REBOUND YEAR? I certainly do not expect that we will return to freight volumes like we saw in 2021, and part of 2022. The below chart (Figure 2.1)
Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner?
In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. TRENDS IN THE FOOD AND BEVERAGE INDUSTRY. One of the well-known trends in the food and beverage industry is the continued growth of cold chains. This makes sustainability one of the top trends in the food and beverage industry.
Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. As we all know, the freight market is cyclical. Why are the rates not cheaper if freight volumes are less than what we saw a few years ago? Will it happen tomorrow?
So you want to become a freight agent? We’ve put this article together to help you kick off your freight agent business. Educating yourself on freight brokering will benefit you immensely when it comes to opening an independent freight agency. How do you get started? Getting Started: Education.
In this article, we will discuss why benchmarking is so important, how it works, and how you can use it to maximize your efficiency when shipping goods. Final Thought Benchmarking your freight rates is an essential part of running a successful business in today’s increasingly competitive environment. What is Benchmarking?
It adds that by analyzing revenue forecasts, inventory levels, and order volumes, the index provides industry stakeholders with valuable insights into what to expect in the next quarter and how these trends reflect the freight market. READ THE FULL ARTICLE BlueGrace SVP of Managed Services Jason Lockard said that the 5.9%
In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. SUSTAINABILITY Growing climate issues are making sustainability a common trend in almost all industries. This makes sustainability one of the top trends in the food and beverage industry. As a result, hiring workers in the U.S.
With heightened levels of consumer demand not looking to slow down any time soon, this article by business packaging experts, No1 Packaging , will provide you with three key logistics trends you need to be aware of in order to stay on top of future global supply chain management methods. Sustainability. Partnerships.
What’s in the article: This blog covers the following topics : How the price rise has impacted businesses during the pandemic . Reason for the drastic increase in freight prices . Probable events that will lead to a downfall in freight prices. Freight prices have climbed over 500% in the last year. .
Does your supply chain depend on container freight shipping? At Logistics Bureau, we have supply chain consultants available to help you improve volume forecasting and attain the most favourable container freight rates possible, even during this period of pandemic-induced turmoil. Adjust to a Carrier-centric Freight Market.
Getting a better shipping experience is easy with an optimized supply chain and a robust freight brokerage setup. Creating the perfect supply chain can be a challenge, but freight managers can do some simple yet practical things. Increase Use of Collaborative Logistics Technology and Platforms. Connect with Turvo today to get started.
Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?
12:30] Tell us about some of the trends you think are going to impact the industry over the next five years. 19:57] One trend I’ve seen over the past ten years is that the shippers didn’t necessarily have to pick a 3PL based on technology and investment. 30:05] Who do you think will be successful among the digital freight brokers? .
Big data and predictive freight rates in the digital supply chain are nothing new. Regardless of segment, the need for technology and insight via real-time predictive freight rates that can explore the specifics are critical to success. Even worse, predictive freight rates using outdated data may do more harm than good. .
Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - May 22, 2024 Brian Straight | Supply Chain Management Review May 21, 2024 More shippers are optimistic the market is stabilizing, even as new data suggests freight shipments continue to decline on a year-over-year basis.
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. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint.
As we’ve been doing every Monday, the SONAR team teaches you about another index found within SONAR, the freight forecasting platform from FreightWaves. This week, learn how freight market participants keep a pulse on U.S. bound ocean freight imports with the Port Import Market Share (PIMS). imports of ocean freight moves.
Original Article: 10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Retail delivery solutions continue to change to keep up with market trends. One rising trend is the continued focus on pharmaceutical and other temperature-controlled freight transportation.
Being aware of the industry’s trends provides a significant advantage to both you and your company. Do you know what the current trends in logistics are? Related articles on this topic have appeared throughout our website, check them out: Struggling with Logistics Challenges? Let’s hear the latest updates from Rob!
It can be a direct reflection of current market trends, as many publicly traded companies operate within the global supply chain. Three technologies have emerged as game-changers for third-party logistics (3PL) and supply chain experts: large language models (LLMs), freight optimization platforms and no-code automation.
In 1973, the ATA introduced the Truck Tonnage Index, a monthly estimation of the total weight of freight transported by truck in the United States. This article shares details on the Truck Tonnage Index, how the data reflects the overall economy, and other ways to interpret the data. Data Collection. Importance of Tonnage.
Domestic transportation demand patterns continue to trek eastward , shaking up entrenched freight flows and positioning the market for future rate hikes. Multiple factors are fueling this shift — from inventory correction to nearshoring — and the trend is not expected to reverse anytime soon. What does this mean for freight rates?
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