Logistics Viewpoints

MAY 8, 2024

In March 2024, the Joint Office of Energy and Transportation released the National Zero-Emission Freight Corridor Strategy , which aims to decarbonize and advance zero-emission freight along the United States main shipping corridors. Through the U.S.

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ToolsGroup

APRIL 1, 2022

In 2021, 87% of Americans were negatively impacted by the supply chain. In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Chain Store Age ).

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The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

As we finish 2021, the supply chain is front and center with challenges reported across the globe; across multiple industries from consumer products through to automotive. By the end of 2022, half of all manufacturing supply chains will see the benefits of supply chain resiliency, resulting in a 10% reduction in disruption impact.

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Logistics Viewpoints

JUNE 30, 2023

Loadsmith says its newly formed entity, Loadsmith Transportation, is the first freight transportation company built specifically for self-driving trucks. The home improvement retailer expects to complete the effort in fiscal year 2024. percent), manufacturing (4.5 percent in 2021 and 2.8 workforce, based on more than 6.3

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CH Robinson Transportfolio

AUGUST 27, 2020

After an extremely volatile first half of the year, the challenges in the air freight market look set to continue into 2021, requiring both foresight and forward planning from businesses. A turbulent six months for air freight. This caused an overheated market, with the price of air freight increasing by as much as 400%.

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The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4 trillion industry by 2024 , consisting of not only food, but also cosmetics, pharmaceuticals, modest fashion, media & creation, and Muslim friendly travel. I would certainly recommend before the year 2024. Developments. MORE FROM THIS EDITION.

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Supply Chain Matters

NOVEMBER 14, 2023

production worker hourly wages starting in January 2024. Moeller Maersk in conjunction with the reporting of Q3 quarterly financial performance announcing that the company will cut more than 10,000 jobs amid a current surplus of shipping vessels, sharply lower freight rates and contracting levels of shipping demand.

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Logistics Viewpoints

MAY 19, 2023

According to GEP, the April numbers show that while global demand for raw materials, commodities, and components remains subdued, it is much improved from the trough in December 2022, indicating some stability in the face of consistently high interest rates and a global manufacturing sector under intense pressure. has pledged $3.4

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Logistics Viewpoints

APRIL 30, 2021

Applications are due by July 2021, with the program looking to reduce deforestation between 2022 and 2026. Part of this plan is to speed up its supply chain, primarily with a $100 million distribution center in Hendricks County, creating up to 500 jobs by the end of 2024. And these retailers could certainly use some help.

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The Logistics & Supply Chain Management Society

MARCH 22, 2022

If we take a closer look, we can see that global aviation, including domestic and international; passenger and freight accounts for 2.5% Zero-emission Norwegian container ship Yara Birkeland, albeit with a limited capacity of 120 TEU, made its maiden voyage in November 2021. of the world’s carbon emissions.

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Intelligent Audit

DECEMBER 12, 2022

This, along with container shortages, drove up ocean freight spot rates and caused sporadic export delays. By the end of 2021, bottlenecks at ports stretched into the Pacific Ocean. for the 12 months ending December 2021, the largest calendar-year increase since data were first calculated in 2010. compared to September 2021.

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SCMDOJO

APRIL 15, 2024

Access all the courses related to logistics on our website SCMDOJO Amazon Figures Here’s a breakdown of the latest Amazon figures you requested (as of April 2, 2024):* Turnover in 2023: $574 billion Profit in 2023: $30.4 2021: 1,608,000 Amazon Employees New hires: However, in 2022, they employed over 1.5

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Supply Chain Matters

MARCH 13, 2023

billion in 2021. Included in the results were noted inventory charges and losses on firm purchase commitments of $920 million as of December 31, 2022 compared to $95 million as of December 31, 2021. billion in 2023, and reaching positive gross profit by 2024. Reported net operating loss for the fiscal year was $6.8

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Supply Chain Matters

SEPTEMBER 12, 2022

That board reportedly made recommendations that included 24 percent wage increases during the period from 2020 thru 2024 with a 14.1 freight movements, the implications are large for many businesses. With rail accounting for an estimated 28 percent of total U.S. economy upwards of $2 billion per day. Stay tuned. . All rights reserved.

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Operations and Supply Chain Management

FEBRUARY 17, 2022

Rickenbacker International Airport was a bustling hub for air freight well before the pandemic—a day’s truck drive to half of the U.S. The former wartime airbase handled a record 1,655 international cargo arrivals in 2021, a 73% jump from 2019, and overall tonnage rose 18%. International freight being unloaded at Rickenbacker airport.

America 52

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Unleashed

JUNE 23, 2021

2021 has been a tumultuous year, marking a transition period from the chaos of 2020 through to the beginning of the post-Covid-19 recovery. Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. 10 inventory management for 2022: 1.

Inventory Management Software 80

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Intelligent Audit

NOVEMBER 22, 2022

Despite carrier hopes of volume normalization as the market contracts in 2023, FreightWaves warns, “ 2023 is likely to be another year of sub-replacement level builds due to parts and components shortages as well as Europe’s struggles with sourcing energy to power vendor manufacturing site. ”. consumers a whopping 23% more than in 2021.

Turkey 52

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ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Carriers Will Lower Rates But Keep Many Others.

Agile and Lean Supply Chain 78

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Supply Chain Matters

APRIL 4, 2024

The software and managed services of this provider were augmented with the acquisition of New South Wales based Pegasus in 2021. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Founded in 2003, Utah based Avetta has reportedly deployed by 500 clients located in more than 130 countries.

Supply Chain Design Software 40

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Supply Chain Game Changer

JANUARY 7, 2021

Starting from the manufacturer, supplier to the distributor, companies can streamline operations with a digital supply chain. With the advent of 2021, AI unveils new avenues for revolutionizing SCM across automation, planning, logistics, inventory, fleet & freight. Artificial Intelligence (AI). Immersive Technologies.

Inventory Reduction 84

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Proxima

OCTOBER 24, 2023

Fueled by Covid, war, and supply shortages, inflation rates across key global markets including the UK and US have remained over the 2% target rate since April 2021, peaking at 11% and 9% respectively, in 2022. But what goes up, must eventually come down. The challenge is in prioritizing the opportunity so it doesn’t pass you by.

Negotiating Skills 59

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Supply Chain Matters

MARCH 4, 2022

In January, Supply Chain Matters highlighted an announcement from electric vehicle start-up Rivian Automotive disclosing plans to invest in a second volume manufacturing facility be located near Atlanta, Georgia with production operations being planned for 2024.

Supply Chain Planning Software 52

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Stord

MAY 2, 2022

Q1 2021 saw 39% year-over-year growth in US e-commerce sales. This growth is continuing with e-commerce sales expected to reach $6 trillion by 2024. Manufacturing and shipping–already handicapped by worker shortages–weren’t able to keep up with new demand. And the online shopping boom hasn’t been limited to the US.

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Supply Chain Matters

MARCH 17, 2023

In its reporting TechCrunch observed that in its first year as a public company, Qualtrics stock value mostly traded above its $30 IPO price but over the last twelve months, the tech provider’s market value has plummeted from $28 billion in 2021 to around $5 billion towards the end of 2022. Dr. Plattner’s term expires in May 2024.

Supply Chain Design Software 52

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Logistics Viewpoints

JANUARY 3, 2022

When it comes to the movement of freight, one megatrend driving the need for better technology is the driver shortage. TuSimple – a provider of autonomous freight semi-truck solutions – has said their technology will be operational by 2024. TuSimple is offering freight as a service to shippers and carriers.

Predictive Analytics Software 253

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Intelligent Audit

JANUARY 24, 2023

Shippers Worry as COVID-19 Places Pressure on Chinese Manufacturing In late 2022, Chinese officials decided to pull a U-turn on their “zero-COVID” strategy. For shippers dependent on China’s busy manufacturing center, these rising case numbers are causing significant anxiety. “ 19 and Dec.

Vendor Strategies 52

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Logistics Viewpoints

NOVEMBER 18, 2022

The new drone, dubbed MK30, will go into service in 2024 and replace the existing MK27-2, the model that will be used to make deliveries in Lockeford, California, and College Station, Texas, this year. Walmart Canada piloted the solution in January 2021 and used supplier feedback to hone the system.

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