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Ben Steffes and Joe Lynch discuss 3PL outsourcing trends. Ben is Vice President of Managed Services at Coyote Logistics , a leading global third-party logistics provider. About Ben Steffes Ben Steffes is Vice President of Managed Services at Coyote Logistics, a leading global third-party logistics provider.
For stakeholders navigating this environment, understanding key industry drivers, challenges, and future trends is critical for crafting effective strategies. Industry Drivers of M&A Activity Sustainability and Electrification The global commitment to achieving net-zero emissions is reshaping investment priorities across industries.
A look at the supply chain trends and technology that will come into play in 2018. While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. Turney Thompson, vice president, Kenco Transportation Management.
While we have published predictions about supply chain technology trends at the beginning of the year in past years. After experiencing an incredibly challenging two years in the globallogistics industry, I think we can let go of any expectation that the supply chain landscape will ever return to “normal.”
Discussing this with Cathy Roberson of LogisticsTrends and Insights , she partially attributed the trucking advances to the deregulation in the 1980s, which triggered fierce competition, as well as more accessible communications across individual truckers. See the full survey results on logistics service differentiation.
LogisticsTrends & Insights LLC , an Atlanta, Georgia-based consultancy, is conducting its third “Evolving Freight Forwarding Survey, and invites LM readers to participate. In our 2017 survey, 92% of respondents noted that digitization brings value to forwarders,” says Roberson. By Patrick Burnson, Executive Editor ·.
Enterprises that did not adapt to new trends faced the brunt of COVID-19 pandemic. This was majorly due to their inability to understand and adapt to the changing logisticstrends. 2021 may not be a year for the logistics industry to cherish, but it was a year filled with a lot of takeaways. Rewind to 2021!
A recent series of surveys conducted by a prominent industry think tank indicates that the current state of globallogistics is characterized by extreme urgency and the pressure to deliver above and beyond—regardless of mode. Technology key to logistics evolution.
At the close of 2016, the 21 st Annual Third-Party Logistics Study found the overall use of third-party logistics providers ( 3PLs ) is increasing, but the types of logistics services utilized indicate the industry is entering a shift in how it operates. Global Growth and Use of 3PLs Outpaces Partnerships in North America.
The Logistics Performance Index, part of the Connecting to Compete report 2016 ( Click to download full report ) , measures the efficiency of international supply chains. It covers 160 countries based on the multidimensional assessment of over 1000 globallogistics professionals. Source: WorldBank.
Leading off our collection this year, executive editor Patrick Burnson puts perspective around a few recent reports to better define the state of globallogistics networks and the services working within them. And technology correspondent Bridget McCrea examines the advances in the global trade management (GTM) solutions sector.
In this webinar, Robert Khachatryan, CEO of Freight Right GlobalLogistics, shares his take on how forwarders can thrive. Changing Trends in BCO Air Cargo Procurement. With changing market conditions – the role of the independent forwarder is changing. Signup Now.
Freightos, an SaaS-enabled logistics technology provider focused on instant freight quotes for freight forwarders and shippers conducted a survey recently to reveal how cumbersome logistics remains to American companies importing goods. Importing and managing the logistics of your precious freight is no easy task.
As more industries and businesses prioritise sustainable practices in order to build a greener future, Coyote Logistics, a leading globallogistics service provider, released the results of its latest proprietary research study titled ‘Sustainable Supply Chain Management: Driving a Smarter, More Sustainable Future.’
XPO Logistics. NNR GlobalLogistics. On profitability performance, survey results indicate that excluding the impact of volume and rate changes, margin pressures for forwarders will intensify over the next five years. Hitachi Transport System. Toll Group. Digitize or die.
According to Youssef, other factors driving uncertainty include the ongoing global energy transition, structural shifts in economies (China for example) as well as shifts in global supply chain development. “If He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts.
Companies in Asia Pacific place more importance on green transport than other regions do, finds a new DHL survey. Asia Pacific companies place more importance on green transportation than other regions, finds DHL’s latest research report on ground transportation logistics. December 10, 2018. The rise of e-commerce.
To support this contention, company executives recently unveiled a shipper survey to gain some understanding of their business challenges and appetite for digital transformation. The survey highlights were also among the topics of discussion at INTTRA’s recently-concluded Technology Summit in Hamburg, Germany. Logistics ·.
One of the most common trends among WIT’s Top 100 companies was the establishment of employee resource groups (ERGs), often employee-led voluntary committees that represent a specific group of individuals. Create an Employee Resource Group. BlueGrace’s No.
The air cargo division of Saudi Airlines, Saudia Cargo recently announced they had signed an agreement with the global management consulting company, Gallup Inc. to develop and enhance Saudia Cargo employees by studying their employee trends and performance levels. This new agreement is a part of their Strategy 2020. Gallup, Inc.
Dropoff just released the findings of its annual consumer survey on delivery and retail trends, noting that there’s a huge “expectations gap” between what products consumers want delivered same-day and what products they actually receive same-day. Subscribe to Logistics Management Magazine! They want it yesterday…if not sooner.
The survey of more than 200 manufacturing organizations found that 51 percent of respondents believe their DSN maturity is at least “above average” compared to competitors, yet only 28 percent have started implementing DSN solutions. Furthermore, survey results suggest that end-to-end supply chain transparency is the No.
Since 2002, Armstrong & Associates has surveyed 3PL managers and shippers to identify the most recognizable brands in third-party logistics. . Patrick is a widely-published writer and editor who has spent most of his career covering international trade, globallogistics, and supply chain management. in 2017 to $184.3
Global trade is worth trillions, and US Department of Commerce data reports a 6.7% Freightos , an SaaS-enabled logistics technology provider focused on instant freight quotes for freight forwarders and shippers conducted a survey recently to reveal how cumbersome logistics remains to American companies importing goods.
Although a new entrant in the Magic Quadrant, it scored the highest in terms of product capabilities in the customer survey as well as from a TCO perspective,” analysts added. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, globallogistics, and supply chain management.
The survey of 460 respondents across the globe found that organizations which harness the combination of innovative talent, diverse data, and applied intelligence will be best placed to overcome digital disruption and utilize data-driven insights to drive superior business outcomes and enhance the customer experience.
At the Summit, INTTRA announced the launch of its INTTRA Rates pilot, the planned expansion of Avantidainto North America, and the results of an industry survey highlighting top strategic issues. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts.
The journey toward digitization has not been an easy one, recalls Jon Slangerup , CEO of Atlanta-based American GlobalLogistics. But as a seasoned logistics veteran, he recognizes that U.S. ports are finally keeping pace with technology-driven trends in other transport industries. says Gupta.
The journey toward digitization has not been an easy one, recalls Jon Slangerup , CEO of Atlanta-based American GlobalLogistics. But as a seasoned logistics veteran, he recognizes that U.S. ports are finally keeping pace with technology-driven trends in other transport industries. says Gupta.
Editor’s Note: Jon Slangerup is the CEO of American GlobalLogistics. According to a 2017 LogisticsTrends and Insights survey, 58 percent of respondents believe digitization of all services will be the most common improvement among freight forwarders in the next five years.
Of course, West Coast ports may see short-term volume adjustments from trade policies due to concentrated trade with the Asia-Pacific region, a trend observed in the second quarter and third quarter of 2018. A recent survey conducted by the on-line forwarder iContainers lists the 10 ports U.S. GDP in 2019. compared with a year prior.
The focus on cost reduction has been consistent across Richards’ roles as head of globallogistics and supply chain operations at Delphi Automotive and Aptiv. Another trend affecting the supply chain is the emergence of autonomous vehicles. It will help them get ahead of the game and drive down some of the premium costs.”.
The comprehensive nature of the company’s services also falls in line with the trend towards globalisation, and for firms to look for more than just audits, elaborate reports, and payment procedures, says Maddox. Technology built on expertise. Technology built on expertise.
After experiencing an incredibly challenging two years in the globallogistics industry, I think we can let go of any expectation that the supply chain landscape will ever return to “normal.” It’s certainly no secret that the globallogistics industry, like many other industries, is closing out 2021 in the midst of a true labor crisis.
The National Retail Federation (NRF) published survey results citing 84% of the respondents have mentioned plans to celebrate. Unlike last year where celebrations were muted, this year sees the trend pickup to match the 2019 spending map.
“Global freight pricing has been historically opaque, creating an inefficient market that hinders decision-making and wastes money,” he says. . While it appears that the market is supporting far more robust rates, Schreiber is circumspect when examining this trend. Subscribe to Logistics Management Magazine!
More than half of American companies were affected by the tariffs with China, finds AsiaInspection’s mid-year survey. Echo GlobalLogistics. You may have noticed a growing trend on earnings calls where companies reference increased transportation costs as a reason for missing profitability targets. The new NAFTA.
We’ve seen growth in auto exports to China and we hope that trend will continue.” During the course of our research for this survey, Automotive Logistics spoke with a number of vehicle OEMs and others to get their perspective on the capacity crunch in the vital North American ports sector.
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