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Feels like 2022 For the majority of this year, volumes have seen their traditional seasonal patterns and have been trending above 2023 levels. While it may be a blip on the radar, we have now seen the Outbound Tender Volume Index eclipse 2022 levels for the first time in two years as seen in Figure 1.1. Figure 1.1
This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supply chains for efficiency, cost savings, and resilience. Outbound tender rejection rates, a key indicator of freight market conditions, have climbed significantly, signaling a stronger pricing environment for carriers.
below shows that since the end of March, right around the time of the bridge collapse, outbound volume, and freight tender rejection rates, have trended upward. SOME BALANCE SEEN Overall, freight volumes have trended slightly above 2023 (Figure 2.1). This means more freight will be heading out of the Baltimore area.
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. It will be important for shippers, carriers, and brokers to keep an eye on activity around U.S. ports as rates will reflect the supply and demand.
In this article, you learn what are the various reefer freight data indices available in SONAR, who in the freight market relies on these indices, what the indices tell freight market participants, and real-world scenario analysis of using SONAR refrigerated shipping indices to better understand the freight market.
An article of demand sensing by Supply Chain Brain explains, Demand sensing, as the name implies, is essentially the art and science of picking up on short-term trends immediately, in order to better predict what consumers will want. Inbound and outbound teams have opposing objectives. Helps Keep a Closer Eye on Inventory.
Many would anticipate this similarly impacting the outbound over-the-road volume for that market. While it may not feel like it, volumes are trending close to 2022 levels as seen in Figure 3.1 In figure 1.1, you will see for the port of Los Angeles, the largest in the country, that container volume is up almost 38 percent.
shows outbound freight volume for the last year in the Los Angeles market, currently seven percent higher than this time last year. Flatbed has remained relatively high and reefer rejection rates have trended up the last five months. As you can see in Figure 1.1, So how could this impact capacity? As you can see in Figure 3.1,
However, with the ongoing pandemic, and the resulting capacity crunch, TMS is trending more towards cost mitigation rather than savings. The integration between TM and WM also integrates the inbound and outbound flow of goods. From a historical perspective, transportation management systems are all about freight savings. Final Thought.
FREIGHT CHART OF THE WEEK: If you look at one chart this week, make it the outbound tender volume index. It’s partly due to the great North American trade relationships between US-CAN-MEX… and partly due to recent near-shoring trends in MEX due to trade wars with China. Check out the full article and get a glimpse at the future.
As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy. Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Naturally, the first part of this task will be to research and clarify those key trends.
In this article I will outline, firstly, the reasons why organisations outsource logistics activities, and secondly, what the key drivers are for outsourcing success. In my next article I will be covering the different types of outsourcing relationships and issues to be aware of when entering contracts. But what of the balance?
A couple of articles in the Wall Street Journal this week highlight the challenges shippers are facing as trucking capacity continues to tighten and customer expectations continue to get more demanding. “A Whistleblower Lawyers See a Growth Area: Customs Fraud (WSJ – sub. TomTom Telematics launches next generation fleet management.
Still, in this article, I will help you evaluate the need for supply chain and logistics KPIs in your organisation, and identify which types of measurement might be most appropriate. Allow for variations in sales due to seasons, festivals, and/or new trends. Which ones to use?… … How many to use?
In this article, you learn what is the PIMS index and how it tracks the market share of U.S. Consequently, you can determine which are likely to create more outbound truckload and intermodal volumes. This is also a major indicator of long-term trends in how shippers are routing their shipments into the U.S.
This article will cover some five tips that you can use to write an effective transportation management plan: 1. The Freight & Transportation Management Trends to Know in 2018. Government regulation that touches on aspects of volume and carriage is another force that’s in play in the industry. Download White Paper.
Multiple factors are fueling this shift — from inventory correction to nearshoring — and the trend is not expected to reverse anytime soon. The trend is more important than the current value in this situation,” Strickland continued. What does this mean for freight rates? It takes time for carriers to adjust to new freight patterns.
In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Mr. Higo said in response to the VMI for Supply Chain Cost Reductions post was: “Very informative article, thank you. So, I hope the next article explains the evolved VMI model.”
A leading indicator, Truckstop.com’s outbound tender rejection index (OTRI), currently stands at 22.48. Carriers are benefitting from this trend by eliminating more phone calls, emails and manual steps to secure loads. Click here to read the entire article at Commercial Carrier Journal. Just how tight is it?
Multiple factors are fueling this shift — from inventory correction to nearshoring — and the trend is not expected to reverse anytime soon. The trend is more important than the current value in this situation,” Strickland continued. What does this mean for freight rates? It takes time for carriers to adjust to new freight patterns.
Like traditional outbound logistics, return logistics requires the careful planning of pick-ups and deliveries of products, however, the involvement of end-consumers in the process creates additional complexities. A recent article in Logistics Viewpoints noted that UPS estimated that post-holiday returns were up 23% in 2020.
However, with the ongoing pandemic, and the resulting capacity crunch, TMS is trending more towards cost mitigation rather than savings. The integration between TM and WM also integrates the inbound and outbound flow of goods. From a historical perspective, transportation management systems are all about freight savings. Final Thought.
You will learn how many different types of logistics companies there are, what they do, and which one is best for your business in this article. Outbound transportation. The trends in the 3PL, unlike the other types of logistics companies, are: Transport and storage associations. What is a logistics company? Stock control.
The national Outbound Tender Volume Index (OTVI) — a measure of the electronic requests for truckload capacity from shipper to carrier — is up nearly 7% versus month-ago levels,” Zach Strickland, FreightWaves’ head of freight market intelligence, reported earlier this month. A late-summer demand spike, however, is altogether unexpected. “The
Organizations that aren’t actively investing in these capabilities, which are described in greater detail in this article, are already falling behind — and they risk losing even more ground as business conditions become more and more difficult. Digital Control Towers.
In an article about online retail that I published at the end of 2019, I highlighted Target’s click-and-mortar retail model, which, even then, was positioning the company as an ecommerce trend-setter. The Dark Store Trend. That was the question I considered in my 2019 article. Was one-day shipping an overstep for Amazon?
According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components. For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. Navigating an Increasingly Challenging Logistics Landscape.
While fill rate might be one of the components making up your perfect order KPI, it’s not a bad idea to keep track of order fill and line fill as KPIs in their own right, especially if in full performance is not trending above 98%. Allow for variations in sales due to seasons, festivals, and/or new trends.
This article was written by Peter Buxbaum and originally appeared in Freight Business Journal North America. To read the full article, please link here. Zulily’s shipping system allows it to make decisions at the ship point rather than the order point for inbound and outbound packages.
The growing trend in favour of online furniture purchases is compensating for the downturn in furniture stores caused by the COVID-19 crisis. Both the heterogeneous range of articles and the large proportion of heavy and bulky articles were a particular challenge here. In the e-commerce segment, sales revenue increased by 74.3%
Although the situation on the ground is changing day by day, some trends can be identified which are likely to continue, or in some cases be exacerbated, for as long as the COVID-19 pandemic continues to take its toll. Measuring the Imbalances*. In the United States, the Pandemic has yet to Peak. Ocean Freight.
Manufacturers must receive raw material inbound and send out product to customers outbound. Let’s take a closer look at this trend and how it affects the manufacturing industry. Thousands of articles have been written on the driver shortage , increasing fuel prices, and growing concerns over government regulations.
In this article, you learn what both the RAIL and INTRM indices are, what the RAIL and INTRM indices tell freight market participants, who in the freight market relies on these indices and what is the value to each participant. That’s important since intermodal shipping volume is dominated by a few key lanes.
Step 2: Gap Analysis Customer Requirements and Supply Chain Trends Now you know what your customers genuinely expect from your outbound and reverse supply chain, so its time to undertake a gap analysis. Naturally, the first part of this task will be to research and clarify those key trends.
Here, a team of Amazon employees sorts the products into outbound orders, packages them, and dispatches them to its customers. No article about top supply chains would be complete without the inclusion of Zara, the star of the fast-fashion retail world. Zara’s Supply Chain: Lean, Fast, and Agile.
This article was first published in the July / August 2018 issue of MHD Supply Chain Solutions. In addition, returns typically cost more to handle than outbound shipments – 3 to 4 times more for traditional retail companies, for example. It would be tempting to think of reverse logistics as forward logistics done backwards.
In this article, outsourcing will refer specifically to transport and warehousing functions. Many enterprises have taken heed, and determined that inbound and outbound transport and warehousing are consequential processes of their business rather than fundamental or core processes.
Positioned between a shipper’s enterprise resource planning system ( ERP ) or other legacy solutions and its warehouse management system ( WMS ), TMS automates the inbound and outbound shipping processes. The convergence of these two trends could help drive even more market growth during the coming year.
Editor’s Note: This article is from Steve Bettwy , Vice President – Quality and Business Continuity, Operational Excellence, and Continuous Improvement at Direct Supply. Amazon is not “most businesses… ” The Top Logistics Trends that Will Impact Logistics Management in 2018?. GET YOUR FREE WHITE PAPER.
In the past, there wasn’t a way to coordinate inbound and outbound moves very well, especially with respect to the ongoing advancement and expansion of systems and enterprise portfolios. Changes in market trends, customer demands, inventory availability, supply chain deliveries, and local or global disruptions are unavoidable.
But I just read an article about another labor shortage Walmart is facing: store managers. The program director suggests that Suzaka avoided between 400-500 other vessels on the water during its outbound trip alone. The talent pool for these positions is drying up, even with an average salary of over $200,000 a year.
Here are some excerpts from the article: The Commerce Department reported Wednesday that U.S. And in today’s Wall Street Journal, there’s an article highlighting how “a San Francisco-based automated logistics firm called Zipline International Inc. economy to keep the growth going into 2018.”. economic output grew at a 3.3%
Increased rail volume driven by industrial freight is on the rise, which is a key leading indicator for future truckload volume… And the outbound tender rejection index is at its highest since Dec 2018. Looks like this tight market is only warming up… Read the full article here. Hurricane Hanna Slows Cross-Border Crossings.
Inbound and outbound air freight capacity is still under pressure. A significant number of flight cancellations has affected inbound and outbound capacity. Work has largely resumed across China, with production estimated at 60-70 percent of normal. Quarantine periods are ending, enabling the workforce to return.
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