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He ran marketing for a large 3PL before launching his own marketing agency, Logistics Marketing Advisors, which focuses exclusively on providing marketing strategy and services to logistics businesses. Our niche focus gives us the industry understanding and contacts required to market effectively to logistics decision makers.
Shippers that do not yet have a plan in place are more likely to find most of their freight moving through the spot market in Q3 and Q4. As noted by DC Velocity , “ most freight forwarders, traders, and shippers expect more disruption in the 2022 third-quarter peak season than they felt last year.
Paluzzi spent 10 years at Coyote Logistics overseeing technology product strategy and delivery before joining Logistics Dynamics as Chief Information Officer. The company faces an emphasis around technology and has been the only insurance agency recognized on the Freight-Tech 100 list each year since its inception.
Körber uniquely provides a broad range of proven, end-to-end supply chain solutions fitting any business size, strategy or appetite for growth. Körber’s Business Area Supply Chain offers comprehensive consulting services to help companies optimize their supply chain strategies. Episode Sponsor: Greenscreens.ai The Greenscreens.ai
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. For shippers, vessels idling at sea would mean extended lead times on freight delivery, fomenting chaos downstream.
A recent Statista survey found nearly 72% of businesses suffering detrimental effects related to the pandemic. Here are some strategies a qualified 3PL can help you deploy to manage what may be ahead. Supply chains have been severely impacted by COVID-19.
For companies involved in shipping freight, the combination of order-level management and cost to serve analysis can be a game-changer. Accurate order fulfillment is the foundation of a successful logistics strategy , and it forms the basis for reliable cost to serve calculations. #2.
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 The index correlates growth or shrinkage to overall industry volume of freight shipments and product prices. “We READ THE FULL ARTICLE
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. Market conditions pushing more freight to LTL carriers would exacerbate LTL price increases.
This year alone, Maersk has accelerated its direct-to-shipper strategy, digital forwarders have raised massive rounds (like Flexport’s billion-dollar injection), and platforms for forwarders and carriers – big and small – have continued to pop up almost daily, at least that’s how it seems. Freight Marketplaces: Threat Or Opportunity?
The results have been tabulated for the 68th annual Survey of Distribution Operations. By identifying the most pressing concerns in the industry, the survey provides statistics and conclusions which the distributors can use to help maintain their business evolution in our technology based world. Demographics.
More Resources Home Red Sea Crisis and Early Peak Season Surge Disrupt Global Supply Chains for some SMBs Judah Levine July 24, 2024 Since early May, supply chains have faced significant disruptions due to congestion caused by Red Sea diversions and an early start to ocean freight’s peak season.
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%
Shipping and freight professionals want to change their supply chain strategies post-Covid, according to a recent survey. Answered by over 300 Shipping and Freight Professionals across the world, the survey brought out some key indicators that will inform the future course of global supply chains.
2020 threw at us a potent concoction of virulent market conditions including a pandemic, skyrocketing freight rates, reduced availability of space and equipment on container ships, unprecedented demand and port congestions along with the usual documentation and visibility issues that we have been facing for years. Take the survey.
Robinson experts provided in-depth analysis of current supply and demand trends, our updated forecast, and the impact of global import volumes on North American freight transportation. Is the shortfall in drivers going to advance the push to self-driving, long-haul freight operations? webinar, C.H.
As a result, capacity remains tight, and freight rates continue to increase. With logistics experts estimating that high freight rates will remain through 2022, maybe even 2023, now is not the time to stress over transportation costs. FREIGHT MARKET OUTLOOK. Freight rates have jumped 26.6 FINDING CAPACITY.
An enlightening new report indicates that this strategy corresponds to strong financial performance for shippers and logistics service providers (LSPs). The report categorized survey respondents in terms of how they see transportation: either as a “Competitive Weapon” or “Not Important.”
For stakeholders navigating this environment, understanding key industry drivers, challenges, and future trends is critical for crafting effective strategies. In response, major freight operators have recently acquired advanced battery technology firms to accelerate fleet electrification.
Expedited Freight Questions Answered Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 10, 2023 Whether your organization uses expedited freight shipping every day or occasionally, it pays to understand how to use these services as effectively as possible.
Logistics Business , in conjunction with Aptean , is carrying out a market research survey of our readers. The exclusive survey focuses on transport and logistics technology, specifically on commercial vehicle fleet operations. Transport Managers: We need you to complete our survey! It takes just 10 minutes. Click here to enter.
The global supply chain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation. That’s starting to change. More and more large U.S. In the U.S.,
An enlightening new report indicates that this strategy corresponds to strong financial performance for shippers and logistics service providers (LSPs). The report categorized survey respondents in terms of how they see transportation: either as a “Competitive Weapon” or “Not Important.”
The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year.
When asked about this for the 2021 MHI Annual Industry Report , 53% of the supply chain professionals surveyed said they are investing in robotics and automation technologies, while 54% are investing in cloud computing and storage. Freight document management is sped up dramatically by incorporating AI into the process.
COVID-19 has sent shockwaves through the global supply chain and freight ecosystem, resulting in a highly volatile and uncertain landscape. While freight activity and product demand plummeted, e-commerce sales skyrocketed, putting new pressure on impacted suppliers, and experts called into question the agility of our supply chain.
According to a recent survey fielded by Edelman Intelligence , 94% of supply chain leaders say partnerships with supply chain logistics companies are necessary to get through peak season successfully. Traditional Inventory Replenishment Strategies No Longer Work. Cybersecurity Concerns Remain. And they must plan accordingly.
Many freight brokers know the common phrase: April showers bring May flowers, what do May flowers bring? During times of high produce activity, the USDA surveys produce shippers in the areas they deem agricultural hubs. While a large amount of our produce comes from overseas, this is the time of year when the U.S.
The Top 6 Stories in Freight. The hottest stories in freight can be found here, in the Weekly Freight Report: 1. Cass Freight Index shows V-shaped recovery. The Cass Freight Index is back in positive territory for the first time since 2018. Carriers need to switch up their strategy. Here’s where to start.
In the world of trucking, a sector already feeling the financial pinch, there’s an expectation that both freight orders and revenue will decrease during the upcoming holiday season. The global shipping industry, dealing with a “freight recession” this year, is poised to face continued challenges in 2024.
The Uberization of Freight. People are trying to automate as much of the order-to-cash process as possible - however, there are hurdles that make the fully automated “Uberization of Freight” difficult for both buyer and seller. . – Kristi Montgomery, VP of innovation, Kenco.
New Survey Highlights Confidence in Supply Chain Operations Despite Challenges. With mounting last mile costs, this early May blog post sought to provide shippers with clarity around the growing demand for final mile logistics and keeping costs under control with proactive shipping strategies. #5.
How Big Is the Problem Of Inbound Freight Management? Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. A more efficient inbound freight program can minimize delays, save money and even reduce confusion. It is complicated, that’s why.
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. Of course, all of this is easier said than done, but new challenges tend to require new strategies and new innovation.
According to a survey by Convoy , 69 percent of respondents said reducing deadhead miles is important to them. Usually, this happens once a driver has made a delivery to the receiver, and they don’t have freight to pick up until their next destination. In fact, 36 percent of trucks travel empty in the U.S.
A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Higher freight volumes. Download the Report: 2021 Peak Shipping Season Survey.
In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.
Joe Jaska, Executive Vice President Land Transport, Americas region, for DB Schenker Tackling Freight Fraud So, check this out. Their members play a crucial role in the global and domestic supply chains by facilitating freight. Anne Reinke, the President & CEO of TIA, is placing her bets on the Fraud Task Force.
When it comes to measuring customer loyalty, the Net Promoter Score survey is typically a best practice. For B2B companies, their supply strategy is built on three pillars. Getting these strategies in place is incredibly difficult to achieve. Planning and execution is focused on freight moves involving a carrier.
Recent market insights found the following: “According to a latest global shipper survey, 75% of shippers who use LCL plan to continue or increase it in 2023. And 52% are looking to consolidate more shipments overall, a strategy for which LCL can play an important role.” Bridge the gap with market and mode shifts.
Companies that track this data can then implement and create new supply chain strategies that align with their overall business goals and customer expectations. Rebills happen when something changes about the shipment after the original freight quote was issued. Only 34% of survey respondents named saving money as a priority.”.
From changing regulatory requirements and increasing freight congestion to excessive detention time and driver shortages , shippers and logistics service providers (LSPs) are struggling to balance the multiple issues impacting fleet management today. Technology Boost.
million shoppers hit the stores and the internet to capitalize on Black Friday and Cyber Monday deals, according to a survey by the National Retail Federation. The top gifts were clothes and accessories, which about half of those surveyed purchased, and toys, which nearly a third of people surveyed bought.
As per a Statista survey, eighty per cent of consumers say they’d return a product they received that was damaged in shipping. With the right packaging, strategy, and tools, you can cut shipping costs by as much as 60%. Shipping damage is a massive threat to any products that travel on the supply chain.
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