article thumbnail

Management of Ocean Transit Time Reliability and Visibility

The Logistics & Supply Chain Management Society

Looking at the share of total weekly sailings being blanked on the Asia-North America West Coast trade, blank sailings clearly improved during 2023 and dropped below 10% in June with a slight uptick in early July., Companies still need to allocate working capital to build safety stocks considering the unreliable transit time.

article thumbnail

New Year, New Horizons: Transportation Industry Gets Ready to Take On 2023

Intelligent Audit

Shoppers who purchased from participating merchants can drop off the items they wish to return – no box or label required– at approximately 2,000 FedEx Office locations ,” according to a Dec. As ocean rates continue to plummet, shippers are increasingly diverting freight from air cargo lines to more affordable ocean transportation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Retailers in the US Can Step Up Their Delivery Game

Locus

Not only this, 62% of online shoppers in the US say delivery speed is what makes for a good purchase experience. But even with this knowledge, what’s stopping retailers and e-commerce companies from providing excellent delivery experiences to their customers? percent in North America in 2022.

article thumbnail

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

For example, if the supplier has several big name cosmetic industry customers (90% of their business) and you are buying specialty automotive chemicals from them (less than 5% of their business), the supplier will be influenced in the direction of the cosmetic customers and they will get the attention, products and services before you.

article thumbnail

23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

When the appropriate tools are in place for managing uncertainty and ensuring accessibility, institutions have excellent chances to continually generate productivity improvements, increase customer satisfaction and improve financial performance. For example, you can involve a client and several of their suppliers to buy transportation fuel.

article thumbnail

Ship Anywhere on Demand

Freightera

You’re a small or medium business owner and you just need to get your cargo from point A to point B. Then you need to move your cargo from point A to point C. As opposed to that, regular stores have limited choices and if you need to buy several different articles, it’s expected that you might have to visit several different stores. .

article thumbnail

Passenger Trains vs. Freight Trains

Freightera

They are trains specifically designed to be able to haul the maximum possible amount of cargo (freight). The obvious difference is that one is built for hauling heavy cargo while the other is designed to transport people. Sensitive cargo. First off: We all know to one extent or another what passenger trains are.