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The peak season runs from mid-August through Thanksgiving and is known as the busiest time of the year for the retail and logistics industries. During this time, markets experience high demand, which means we see more goods on the sea and road by reason of back-to-school shopping and the coming holiday season. Although the holiday season might seem distant, retailers begin pulling forward inventory in preparation for it starting sometime in mid-August.
As logistics continues to grow more lucrative to the customer experience, 3PLs are playing an increasing role in the supply chain. Vetting 3PLs and transportation management services providers is a complex topic and shippers may not know where to begin. Even more complex, some 3PLs may offer different degrees of service, such as a 4PL model that blends a shipper’s existing network and fleets with a 3PL’s technology and solution, as discussed in this third-party versus fourth-party value articl
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A long, long time ago – in the days when computer programs were coded as holes in punch cards – I was in ROTC* in college. Twice a year we had a “PT” (Physical Training, I think) test that consisted of measured performance on five “events.” One of those events was a 2 mile run. To get a maximum score of 100 points, the participant had to complete the 2 mile run in 14 minutes and 9 seconds.
Fast-paced warehouse functions such as pick and pack fulfillment need clear standards to ensure the job gets done in the best possible way. Therefore, any efficient fulfillment operation will establish productivity standards that span the entire length of the operation, from the moment a trailer full of inventory hits the dock door until the individual item gets shipped to the end customer.
Fast-paced warehouse functions such as pick and pack fulfillment need clear standards to ensure the job gets done in the best possible way. Therefore, any efficient fulfillment operation will establish productivity standards that span the entire length of the operation, from the moment a trailer full of inventory hits the dock door until the individual item gets shipped to the end customer.
While today's truck drivers may not wear capes, they still possess superhero qualities in that they’re agile, resilient and powerful in their own ways.
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The June reading—at 136.9—was off 0.2% compared to May. And it was also the second straight decrease, for a cumulative 0.6% going back to April, and also the fourth decrease over the last eight months. What’s more, BTS said that the current Freight TSI reading is above any level recorded over the course of the pandemic, going back to before April 2021 while remaining below its November 2019 level.
The phrases “transitory inflation” and “supply chain disruption” have been frequently used in the general and business news media this summer. And they have at times been used together to describe the general economic environment. Certainly, supply chain constraints are a partial cause of the current above trend inflation. Furthermore, there is much discussion about the word “transitory,” as used by Federal Reserve Chairman Jerome Powell to describe what he believes is like a short-term phase of
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POLA reported that total July volume—at 890,800 TEU (Twenty-Foot Equivalent Units)—was up 4% annually, topping June’s 876,430 TEU, and July volume at POLB saw a 4.2% annual increase, to 784,845 TEU, for a new July record, topping the previous record set in July 2020.
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Shippers that fail to digitize their transportation sourcing and management simply won’t keep up in the world of today, and more importantly, in the fast-approaching world of tomorrow.
Global logistics services provider Deutsche Post DHL Group (DPDHL) said this week it has inked an agreement to acquire Mainz, Germany-based global ocean freight forwarding services provider J.F. Hillebrand Group and its related subsidiaries for roughly $1.5 billion (EUR).
The low driver retention rates that are prevalent in the trucking industry are nothing more than a business challenge gone unchecked. Running a successful business is a difficult thing to achieve, no matter what the business. Being in the trucking industry increases this challenge as it is capital intensive and there are few restrictions to […].
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