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Ben Steffes and Joe Lynch discuss 3PL outsourcing trends. His primary goal has been leveraging Coyote’s proprietary technology, people, and capacity to solve pressing customer challenges. Ben is Vice President of Managed Services at Coyote Logistics , a leading global third-party logistics provider.
In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint. The first of the transportation trends is the network effect is at the heart of supply chain transformation. The second of the transportation trends is innovation in TMS. The Network Effect.
Four key reasons why suppliers are critical for managing direct spend Innovation and Product Development: Suppliers often have deep knowledge about the materials, processes, and industry trends that can drive innovation. An example of this is Vendor Management Inventory and Capacity Collaboration for contract manufacturing.
More Resources Home October 22, 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.
Carrier capacity tops the list of parcel shippers’ challenges. Most shippers currently face a long list of challenges thanks to some well-known trends. E-commerce order volume keeps climbing, straining carrier capacity with shippers sending more parcels outbound and receiving more returns inbound.
This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supply chains for efficiency, cost savings, and resilience. Labor and Capacity Shifts As more freight moves through regional networks, driver demand shifts accordingly.
Shippers are feeling the effects of scarce carrier capacity. The driver shortage is affecting available trucking capacity. With luck, the shipper may find and contract with another carrier that has available space despite the driver shortage and scarce capacity. Scarce available trucking capacity leads to higher shipping costs.
Logistics Management Group News Editor Jeff Berman recently spoke with Doug Waggoner, CEO of Chicago-based Echo Global Logistics about various topics, including: the freight economy, how Peak Season went, and rates and capacity, among others.
Editor's Note: Today's blog is from our friend Kevin Hill with Quality Scales Unlimited who shares his expertise regarding the key trends in supply chain and transportation management. . 6 Key Trends in Supply Chain. 6 Key Trends in Supply Chain. Smart Technology. Opportunities for New Markets.
These and other factors drove up freight rates and created capacity crunches that flowed right into 2022. Analysts and industry groups have warned of truck driver shortages for years, around the globe,” the publication adds. This is also not a new problem. High Demand.
Logistics Management Group News Editor Jeff Berman recently spoke with Doug Waggoner, CEO of Chicago-based 3PL Echo Global Logistics, about various topics, including pricing, capacity, trucking insurance, and Peak Season.
More Resources Home May 15, 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 and $3.60/kg
In mid-2015 his employer opened one of the first industry “Innovation Labs” – a loosely structured group with the single purpose to research and test early-stage supply chain innovations. The Expedited segment primarily provides truckload services to customers with high service freight and delivery standards.
More Resources Home October 15, 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.
Consumer purchasing is spiking weeks earlier than historical levels, and increased demand for last-mile delivery has put pressure on capacity, service and pricing. A trending shift from “just in time” to “just in case” inventory management is further straining capacity as shippers order goods earlier and in greater quantities.
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 and Europe.
Three More EU Trade Trends to Watch Three additional EU global trade trends that shippers should be paying attention to in 2023 include: Global trade may slow in 2023 as global economic growth also softens. Climate change has also become a key factor in international trade policy, with the EU emerging at the forefront of this trend.
More Resources Home November 19, 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. China – N. America rates have been at about $7.00/kg
More Resources Home May 8, 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.
More Resources Home September 26, 2023 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. Freightos Air Index data show Asia – N.
The Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG) reported stellar results once again last Wednesday (December 1st). However, at its heart, production in the Asia-Pacific region was severely curtailed for a period of time for issues ranging from the COVID impact on worksites to energy shortages, to port capacity limits.
These are questions ARC Advisory Group will seek to answer in our online survey research of supply chain executives over the next few months. The third trend is that global trade growth appears to be gradually slowing. Is supply chain resilience still a priority for C-level executives? I see that as a positive.
More Resources Home July 2, 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 rates ticked up 10% last week to $6.00/kg
an SJ Consulting Group estimate ?puts The introduction of emerging technologies and business processes has restructured the way logistics and transportation has operated, and this trend will likely continue beyond 2020, especially as technological innovation will lead to sustained growth. Written for tgal.us In the US alone,?
Logistics Management Group News Editor Jeff Berman recently spoke with Doug Waggoner, CEO of Chicago-based 3PL Echo Global Logisitcs, about various topics, including pricing, capacity, trucking insurance, and Peak Season, among others.
More Resources Home July 9, 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. Europe and $7,900/FEU to the Mediterranean.
More Resources Home March 19, 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. Still, current rates are around 2.5X Optimistic N.
Blog " * " indicates required fields Email * More Resources Home August 29, 2023 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.
The capacity of their sortation and distribution systems often decides on their competitiveness. Thomas Wiesmann from BEUMER Group , pictured above, knows which sortation trends owners are following, how they can react to them and where the journey will take them. Market trends? More performance required.
More Resources Home August 14, 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.
More Resources Home November 15, 2023 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. The same was true for Asia – N.
In the past 30 years, we have gone through different trends in the ocean carrier market. New companies formed as container demand globally surged, we had major fluctuations with the 2008 financial crisis, and trend changed to carriers buying one another. Those were the pros of an oligopoly in shipping.
Blog More Resources Home September 3, 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.
More Resources Home September 13, 2023 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 Freightos Air Index rates to $4.78/kg
More Resources Home May 1, 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 rates climbing 14% to $2.88/kg
More Resources Home May 28, 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. million TEU per month and surpassed 2.3 million TEU twice.
More Resources Home May 21, 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.
Despite these efforts, to date the attacks continue, pushing most major carriers representing over 60% of global container capacity, to alter their routes. It converged with a trend of both airlines and ocean liners investing far more heavily in their fleets over the past fewyears. and bakes really good cookies.
More Resources Home December 6, 2023 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.
from the New York Fed Consumer Credit Panel shows the rise in consumer delinquency particularly in those groups that utilize more than half of their available credit line. The slight upward trend continues with volumes and rejection rates (Figure 3.1).
More Resources Home June 11, 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. Prices from Asia to N.
Blog " * " indicates required fields Email * More Resources Home August 23, 2023 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.
More Resources Home June 25, 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. Prices from Asia to N. America West Coast and to N.
More Resources Home April 9, 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. Europe have declined in recent weeks, at $3.66/kg kg and $3.36/kg
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