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LTL Industry Trends and Tips for 2022

GlobalTranz

In this post, we’ll do a deep dive into less-than-truckload (LTL) industry trends to watch for 2022, and highlight actions that shippers should consider to guide their strategy throughout the year. Tightened Capacity. Labor shortages will have a lasting effect, effectively reducing capacity for carriers and terminals.

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Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. The Drewy World Container Index , which stood at $9,304 per 40-foot container at the beginning of 2022, was reported as $2,120 by the end of 2002.

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Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

While implementing SCaaS poses challenges, it has demonstrated its effectiveness across industries, fostering company growth, cost reduction, and leveraging cutting-edge technology. It serves as a pivotal area for saving margins and adjusting costs. SCaaS offers a strategic impact on business.

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Stories of Supply Chain Leadership: An Interview with Joan Motsinger of Seagate

Supply Chain Shaman

Vice President of Global Operations Strategy, Seagate Technology. Before taking her current position, she served in several capacities including Seagate’s product design and manufacturing facilities in the U.S. Prior to that, the priority has chasing lower cost labor in manufacturing and supply chain. First Phase: 2002-2006.

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Canadian Ports: A Fast Lane for Asia-U.S. Imports?

Talking Logistics

billion) over the past decade to improve rail and road access and boost inspection capacity at West Coast ports…Canadian railroad companies have also moved to capitalize on those infrastructure investments. imports and cost the region about $1 billion per day is not good. billion Canadian dollars (US$1.22 West Coast ports.

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Post-pandemic Supply Chains

Enterra Insights

Tan points out, when the SARS, or severe acute respiratory syndrome, epidemic broke out in 2002 and 2003, “China contributed 4% to the world’s GDP. Step 3 : Use the insight from the previous step to determine when and for how long you should shut down, or significantly reduce, manufacturing activities. ” Shih agrees.

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Selecting a Supply Chain Technology Provider is Harder than it Seems

The Logistics & Supply Chain Management Society

The system you choose should also offer business data analytics capabilities that enable you to observe trends, avoid bottlenecks, have a better understanding of your costs, and optimize your routes and driver schedules. This streamlining ensures global supply chains function at a high level but also helps to eliminate waste.