This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Logistics warehouses that prioritize flexibility, operational efficiency, and throughput will be able to secure long-term growth, meet client demands, and stay ahead of evolving industry trends. This approach protects the investment while enabling warehouses to adapt to shifting market trends and business models.
This survey-based research gathers quantitative data as well as information on practices or performance drivers. This survey focuses on the current state of key practices in last mile logistics, spread across multiple industries and over 1,100 respondents. This means not having extra capacity that is going to waste.
The disproportionate increase in freight volume compared to capacity availability inevitably sent freight prices skyrocketing across all major trade lanes, causing widespread anxiety amongst shippers. The congestion also has to do with a trend reversal in economic trade activity.
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.
During a year when e-commerce sales skyrocketed, the global pandemic impacted supply chains around the globe, and transportation capacity contracted across most modes, while companies worked to get their logistics strategies realigned with this “new normal” operating environment. What’s in Store for 2021?
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.
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.
A new European survey has revealed that road transport demand is picking up, according to TMS supplier Transporeon. more road transport capacity was available in October on the European spot market. Compared to October 2019, less capacity was available (-20.3%). • The decrease in available capacity (-3.6%
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.
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.
Trend #1: Customers Buying Experience Not Products. According to the Geodis 2017 Supply Chain Worldwide Survey , organizations that invest more in supply chain see greater EBIT (earnings before income tax) in their business. #2 Trend #3: Serving Every Customer with their Own Optimized Micro Supply Chain. Not even Amazon.
Trinity Logistics wanted to get answers to these questions for you, so we asked a random sample of our shipper and carrier relationships to gauge the effect 2023 had on their business and what their expectations for 2024 in our first Freight Market Survey. As for truck capacity, they think it will be the same as 2023 or slightly tighter.
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. BlueGrace SVP of Managed Services Jason Lockard said that the 5.9%
He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey. Students graduate with foundational knowledge across all areas of SCM, positioning them to work in multiple capacities for the top global companies.
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. Managing Risk.
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 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.
Such trends are fueled by a rise in e-Commerce fulfillment frameworks as well as the ongoing transactions involving personal protective equipment (PPE) which is mainly due to the onset of the COVID-19 pandemic. Based on current trends and indicators, it is anticipated that imports will remain strong for the rest of the year.
Last year Cerasis covered the capacity crunch in great detail, culminating in a helpful and educational e-book titled “ The Great Capacity Crunch: The Current State, Future Outlook, and How Shippers Can Thrive in Any Capacity Crunch.” The Top Logistics Trends that Will Impact Logistics Management in 2018. Download Here.
Here are six contract logistics trends that all shippers should be watching in the year ahead: More companies are realizing the value of contract logistics. According to AJOT , the highly-automated fulfillment warehouse will expand the company’s logistics capacities and shorten delivery times for shippers. The trend of nearshoring.
The report and figures indicate that maritime supply chain woes are worsening, with little indication that carriers are addressing the industry’s serious capacity issues. With shippers entering their second year of pandemic-induced volatility, these numbers are a sobering reminder that volatility and under capacity are the new normal.
As a seasoned professional with 30+ years of experience in this ever-evolving sector, I am excited to share my industry insights and provide commentary on the latest news and trends shaping the landscape. Anne Reinke, the President & CEO of TIA, is placing her bets on the Fraud Task Force.
Christoph Hemman, EVP Head of Airfreight Americas Region, DB Schenker said, “These trends directly impact the airfreight industry, which relies on both passenger and cargo planes to get goods from point A to point B. When passenger planes were grounded during the pandemic, for example, air freight capacity shrank accordingly.
New Survey Highlights Confidence in Supply Chain Operations Despite Challenges. Anticipating a rebound from COVID-19, this blog post highlighted insights into how supply chain leaders were thinking about their supply chain in the context of the pandemic, macro industry trends, and as they planned for the year ahead. #2.
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.
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.
Today’s article is the fifth part in a series featuring surveys from APQC on supply chain topics including ESG in supply chain , environmental sustainability , last mile , digital transformation. Survey respondents are second most likely to have implemented Robotic Process Automation in sourcing and procurement (20 percent).
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.
According to the latest earning reports from FTL carriers, shippers haven’t secured peak season capacity on notice. As it stands, there is no indication of freight demand slowing or contractual truck capacity lightening up any time soon. The problem here is twofold. Strengthen Your Supply Chain.
Often times at Logistics Viewpoints, we like to look to the future and highlight the key trends that we see in a given market, or make predictions about what technologies will emerge as game changers in the new year. Here are some highlights from these trends in 2023 and implications on supply chain planning. in December 2021.
Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023! We’ve created this list of the top 3 logistics trends for 2023 to help you on your way to supply chain sustainability. According to a survey, 71 percent of those involved in the supply chain agree fully with this observation.
The State of Supply Chain 2016 Trends. Of course, the human controlling capacity for actual AI is still far from realistic, but the concept of a superior AI did make strides this year. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains.
This begs the question: Even if the industry gets more truck drivers, just how much is enough to relieve the strain on trucking capacity? Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains.
While we have published predictions about supply chain technology trends at the beginning of the year in past years. Brett Biggs, an executive vice president at Walmart, summarized the investments by saying the retailer is spending on increased fulfillment capacity, supply chain, automation, and technology.
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.
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. What can be done to deliver on time to customers despite the driver shortage and bottlenecks in trucking capacity?
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. Current trends point to the shortage growing to over 160,000 drivers by 2028. Many companies want a private fleet to have easy access to the capacity to haul their freight.
With a detailed analysis of current challenges, including capacity constraints and the need for greater operational efficiency and transparency, this report is grounded in insights from 106 industry professionals.
Our latest research survey shows that 70% of manufacturing and distribution businesses experienced supply chain disruptions and 60% of businesses were unable to engage and collaborate with customers and suppliers in real-time. Securing a digital future with Cloud ERP.
The persistent soft pricing in the shipping sector is expected to extend into 2025, a consequence of capacity outpacing demand. As we turn our attention to Lunar New Year in February 2024, the survey paints a muted outlook. The first half of 2024 might be challenging, but a slightly better outlook in the second half is predicted.
These tools will become the foundation on which supply chain managers gain insight into their markets and erratic supply and demand trends. According to a 2018 Statista survey, visibility into that chain is a significant organizational challenge for 21% of supply chain professionals.
Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.
Reefer trends have been similar, but the drop has been more dramatic. Industry projections suggest that this trend will continue for at least a few more months. Driver Capacity Trucking Projections Truckloads of goods don’t get anywhere without drivers. Higher pay doesn’t always solve capacity issues, though.
Image source: Rawpixel | The Future of Supply Chain: Top 5 Supply Chain Trends in 2024 Managing the market’s intricacies will call for a proactive approach that goes beyond simply responding to demands as the halfway point of 2024 draws near. Top 5 Supply Chain Trends in 2024 1.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content