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U.S. Freight Logistics Industry Recession Continues with Some Hopeful Signs

Supply Chain Matters

According to the April report commentary , the industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. Further indicated was: “ whether or not we have hit bottom of rates is unclear.” Commentary Takeaways While the U.S.

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What is the Hyperconnected Era & “The Internet Of Things” and What does it Have to Do with Manufacturing & Logistics?

GlobalTranz

The concept of a network of smart devices was discussed as early as 1982, with a modified Coke machine at Carnegie Mellon University becoming the first internet connected appliance, able to report its inventory and whether newly loaded drinks were cold. He later co-founded the Auto-ID Center at the Massachusetts Institute of Technology.

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This Week in Logistics News (January 28 – February 3)

Logistics Viewpoints

It remains the largest corporate buyer of renewable energy, with a plan of powering its operations with 100 percent renewable energy by 2025 – a full five years ahead of its original target. Moller – Maersk is turning to flying drones to manage inventory counts in its warehouse network, the Danish firm said. billion last year.

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This Week in Logistics News (April 22 – 28)

Logistics Viewpoints

That was primarily due to retailers working on emptying warehouses of older inventory and shippers continuing to move more freight to East Coast ports because of concerns over the slow pace of labor talks between the Pacific Maritime Association and the International Longshore and Warehouse Union.

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The Cross-Border eCommerce Opportunity in Southeast Asia

Vinculum

billion but the e-commerce market in South East Asia is a $100 billion market today, and a recent forecast by Mashable.com says it could grow to $300 billion by 2025. When we analyze the fastest growing markets within SEA, Indonesia is predicted to see the biggest growth with a gross merchandise value of USD 82 billion in 2025.

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[How to] Sell on Tokopedia – The Ultimate Guide

Vinculum

billion in 2015 and this is anticipated to hit the mark of a staggering 48 billion by 2025. billion by 2025. Tokopedia headquartered in Jakarta started out in 2009 by William Tanuwijaya, a self-made entrepreneur who represented Indonesia as a Young Global Leader at the World Economic Forum and Leontinus Alpha Edison.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. As some component lead times push into 2023, the shortage is expected to last 24 months before it recedes – similar to the chip shortage of 2008-2009.