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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack.

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Where have all the Truckers Gone? 10 Strategies for Shippers to Fight the Capacity and Trucker Shortage

GlobalTranz

will face shortages in trucking resources again , predominatly a trucker shortage, in the near future due to an array of developments that may cause shippers to find loads left on the ground, shipping costs rapidly escalating, and shrinking profit margins that stun stakeholders. 2009 was an exception due to the 2008–2009 recession.)

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Leveraging Big Data in Logistics Into Meaningful Business Analytics

Intelligent Audit

In 2008, Dr. Raymond Panko published a paper detailing examples of human error in data entry. What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? What does that mean for a shipper dealing with hundreds or thousands of freight invoices monthly? . Freight Audit in Multiple Modes.

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Logistics Past, Present, and Future

MIT Supply Chain

While reliable service and low prices are still important, these metrics have become prerequisites for commercial success. One reason is the increased focus on cost control in the aftermath of the financial meltdown of 2008. “We Another determinant of competitiveness, freight network density, is also a function of scale.

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

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. AlixPartners).

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Why Singles Day Will Become A US Sales Festival

Freightos

One popular metric – a country’s logistics costs as a percentage of GDP – has China at 18% and the US at only 8.5%. It’s Mind-Bogglingly Cheap to Ship To China. 2015 was the first year since 2008 that growth of Black Friday and Cyber Monday online sales dipped into single-digit growth.

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IMO 2020 is Here. Are You Ready?

Supply Chain Game Changer

The ships now have to reduce their Sulphur emission by over 80% – 85% by switching to Lower Sulphur Fuel. Due to the high level of pollutants in the exhaust of the bunker currently used to power some 60,000+ ships globally, the IMO is going to implement a new regulation regarding these fuels on January 1, 2020.