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All The Supply Chain News You Need To Know 2.25-3.1

Freight Plus

2018 capacity crisis delivered record carrier profits. Rates soared to highs unseen since deregulation, and the carriers’ coffers reaped the market’s rewards. Walmart is developing its own fleet of intermodal containers and drivers to service rail hubs. Amazon’s XPO withdrawal sees carrier closing warehouses, losing $600M.

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All The Supply Chain News You Need To Know 3.18-3.22

Freight Plus

Carrier earnings begin to feel impact of softening trucking freight market. On Monday, Convenant Transportation became one of the first carriers to show the results of a depressed freight market as their first quarter earnings failed to meet expectations. Forward Air expands last mile service with FSA Logistics acquisition.

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Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Ultimately, effective SRM can increase supply chain visibility, improve quality and supply consistency, drive down costs, improve customer service, create a higher mix of strategic versus active suppliers, and make an organization more competitive. This will make the supplier sluggish to respond to changes and slow moving on innovation.