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New survey reveals the top pain points that logistics and supply chain management professionals continue to manage through, including higher freight costs, capacity constraints, severe labor shortages, and port slowdowns—all disruptions that are still forcing shippers to re-engineer their supply chain operations.
His primary goal has been leveraging Coyote’s proprietary technology, people, and capacity to solve pressing customer challenges. In the podcast interview, Ben and Joe discussed 3PL outsourcing trends gleaned from Coyote’s research study, “Supply Chain Outsourcing for the Win.” 81% were from the U.S., and 19% were from Canada.
Understanding what consumers want With billions of dollars of orders poised to test the capacity of retailers’ shipping operations this peak season, minimizing fulfillment uncertainty and transforming customer confidence through optimized last mile delivery becomes priority one.
Port Everglades’ landside operations resumed Thursday morning and waterside operations are expected to resume Thursday, pending channel and berth damage surveys. Some areas in Florida have shelter-in-place orders, likely limiting available trucking capacity and shipper operations throughout the end of the week.
This post is from a press release sent to us regarding the recent survey of the 3PL industry. This survey continues to point towards the success 3PLs are having for their clients. Survey Points to Continued Success of Shippers and the 3PL Industry. No matter what type of 3PL there is, each brings value to their customers.
His primary research stream examines firms’ logistics operations, with an emphasis on studying motor carrier safety, productivity, pricing dynamics, and driver turnover. He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey.
Port Congestion and capacity crunch are impacting businesses. This situation of port congestion and shortages was further exacerbated when Ever Given , a 24,000 TEU capacity ship with a length of 399.94m operated by Evergreen Marine Corp got stuck diagonally across the 225m Suez Canal.
His primary research stream examines firms’ logistics operations, with an emphasis on studying motor carrier safety, productivity, pricing dynamics, and driver turnover. He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey.
More than a year into a freight capacity crisis that shows little sign of weakening, it’s time for all parties involved in logistics and freight transportation to meet this issue head on. Freight Capacity Crisis: How Did We Get Here So Quickly? The seeds for this current market were sown in the aftermath of the Great Recession.
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. BlueGrace SVP of Managed Services Jason Lockard said that the 5.9%
The National Private Truck Council 2021 Benchmarking Survey Report provides fleets with new industry standards to evaluate performance and identify opportunities for improvement. The 2021 NPTC Benchmarking Survey Report, which is sponsored by Penske, captures critical metrics from the 2020 calendar year, which was a time like no other.
She says it’s going to study the latest marketplace trends, come up with strategies to tackle fraud within brokerage operations and work on short, medium, and long-term legislative and regulatory solutions. Anne Reinke, the President & CEO of TIA, is placing her bets on the Fraud Task Force.
76% of the 121 surveyed specialists and executives find in-plant transport jobs relevant or very relevant to the overall success of the company,” says Torsten Inkmann, Director of Industrial Logistics at INFORM. of the surveyed companies. Nevertheless, the study shows that many digitisation projects are still in their infancy.
I am continuing to work on my latest Transportation Execution and Visibility Systems study, which looks at the total size of the market, the forecasted growth through 2026, and the leading suppliers across a number of categories including industry, region, customer size, and mode. Real-Time Visibility Data.
The following five mini case studies explore a few high-profile companies that have managed to sustain their supply chain cost-reduction efforts and keep expenses under control. The Path to Cost Reduction: As in a number of the studies we’ve explored here, technology played a large part in solving Sunsweet’s problems. Sunsweet Growers.
You can take this short survey (10 multiple choice questions) by clicking here or the link below. Take the survey. The industry today witnesses persistent freight demand volatility and capacity strain across the globe. prompted capacity issues, all while container vessels queued up at U.S.
Driver shortage is a major concern for companies striving to improve the performance of their fleet, according to a 2018 global benchmark study , conducted by Descartes, that surveys fleet managers from a wide array of industries and logistics providers. Key Trends Driving Change. The Financial Link. Technology Boost.
A recent online survey conducted b y MIT’s Center for Transportation & Logistics aimed to understand how companies are reacting to the Coronavirus outbreak. The study include d firms in the retail, manufacturing and distribution verticals. Ready to equip your team for resilience? .
Air cargo for example, though continuing to make digital strides, is still behind – and is often compared to – passenger travel where digitized capacity, pricing and online bookings have been around for decades and is in some ways the digitalization template air cargo is referencing. But this problem isn’t new.
More than two-thirds of companies that experience supply chain disruptions say it takes more than one week to recover from the disruption, finds a new Accenture study that surveyed 151 logistics executives in U.S. Seventy-three percent of the executives surveyed report experiencing supply chain disruptions in the past five years.
Glenn Taylor | Sourcing Journal November 02, 2023 In an improving sign for the retail supply chain, the majority of shippers surveyed by third-party logistics (3PL) provider BlueGrace Logistics—64.4 or Mexico in 2023, according to a recent survey from software technology vendor Capterra. This is a slight jump from 61.7
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 overall industry volume of shipments and price of products, according to BlueGrace. What’s more, negative order sentiment, in terms of revenues, fell 69.2%
As a result, demand for truck capacity and rates remain elevated. What’s one thing straining capacity and raising rates? Nearly 60 percent of those surveyed reported waiting for longer than two hours on each load. Half of those surveyed reported receiving detention pay only if negotiated in advance. billion to $1.3
There’s an older term now being applied to supply chains for this capacity: antifragility. A McKinsey study found that 90% of supply chain leaders expected to transform their planning systems. A survey by boom! In a recent interview , Senge points to a study of HP, a company well-known for its technological.
Before the pandemic, in a study of logistics providers conducted by Fraunhofer IML, among those embarking on digitalization initiatives, only 25% of logistics providers in the Fraunhofer IML survey are leveraging digital technologies to think outside the box and reinvent their foundational delivery model.
Drivers are in short supply already, so finding a backup for sick drivers or losing drivers puts private fleets at the risk of losing capacity. According to a study by the FMCSA in 2006 , the cost to a company for a non-fatal injury crash averaged $195,258, while the average cost of a fatal crash was $3,604,518. CUSTOMER SERVICE.
Another Statista study indicated that 44% of retailers expect delays and 40% expect inventory shortages given coronavirus disruptions on the supply chain. According to a 2018 Statista survey, visibility into that chain is a significant organizational challenge for 21% of supply chain professionals.
The WSC represents most of the major container liner shipping companies that operate more than three-quarters of the global containership capacity. Since 2011, the World Shipping Council (WSC) has undertaken a survey of its members to accurately estimate the number of containers that are lost at sea each year. Containers Lost at Sea.
During our conversation, Chris shared some insights and advice from some TMS benchmarking studies he conducted recently. With the 2018 capacity crunch and scramble to cover loads, I began our discussion by asking Chris about the current state of the TMS market. Transportation benchmark studies. Why do these studies?
Case Study. Transportation rates have been rising over the last couple of years due to factors like the driver shortage, lack of equipment, a capacity crunch, and rising fuel costs. So, to learn more about these challenges and how companies are addressing rate increases, capacity restraints, and other issues, we sponsored a survey.
INFORM, a leading software developer specializing in artificial intelligence and operations research, is thrilled to announce its latest study on IT in vehicle logistics , highlighting key findings on IT and AI’s transformative impact in the vehicle logistics sector. Key Findings from the Report 1.
Case Study. BlueGrace Logistics sought to learn more about this dynamic and teamed up with FreightWaves to survey shippers about the state of the LTL market and their approach to LTL shipping in today’s environment. Shippers shared their thoughts about shipping and consumer demand in our survey. Capacity issues.
Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.
According to the findings from the “26th Annual Study of Logistics and Transportation Trends (Masters of Logistics)”, more companies are beginning to understand that new business models and new competition in the field are changing customer expectations. and 30.9%, respectively,” says Logistics Management. The Structure of Service.
In a survey of 54 senior executives, only about one in four believed that the processes of their companies balanced cross-functional trade-offs effectively or facilitated decision making to help the P&L (profit and loss) of the full business.” They haven’t done roughcut capacity planning.”
SYSPRO ’s 2020 survey, The Inflection Point for the Factory of the Future , showed that only about one-third (38%) of manufacturers’ business systems had enabled them to meet the challenges posed by the COVID-19 pandemic. Similarly, a 2021 study from McKinsey showed that just 19% of companies that had adopted Industry 4.0
To understand the global impact of AI, Microsoft commissioned a survey that included 400 senior executives working within eight various markets. From a supply chain standpoint, a recent study by global research leader, McKinsey, found adoption to be significantly high. Artificial Intelligence at a Glance.
Custom fabricators have to cope with highly varying demand cycles from many different steel sales customers, and to do that effectively they need capacity. They’re building that capacity with more equipment. Look for the steel fabrication industry to want to add capacity to gear up for the unexpected.
We will discuss case studies, future trends, and guidelines for businesses considering whether to invest in this cutting-edge technology. Drones can be programmed to survey specific locations regularly, detecting early signs of pest infestations.
In an era where technology is continuing to migrate consumer spending habits online and away from brick-and-mortar stores, the newly released 2019 Third-Party Logistics Study (#3PLStudy) highlights how supply chains are also going digital and using science to keep pace. The publication, available at no cost at www.3PLStudy.com
Shipper's Guide to Planning Ahead Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 20, 2023 Data shows there is a consensus that revenue will increase and inventory levels will build. This was seen in the survey.
This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. capacity to keep pace with needs of manufacturing. Skills Shortages. skilled production workers.
The Spanish automotive manufacturers’ association, Anfac, has just released its annual Maritime Port Logistics Grading study, which identifies Santander (pictured), Sagunto and Pasajes ports as currently the best for vehicle processing in Spain. One aspect the study identified as being key was good road access to ports.
Cassidy | JOC.com September 25, 2023 US shippers uncertain about sales and order volumes this holiday season are likely to increase less-than-truckload (LTL) shipments despite lower truckload rates, data from an industry survey suggests. 31 earnings call.
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