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Truckload Market Trends to Watch in 2022

GlobalTranz

While we’re happy to leave 2021 in the rearview mirror, many of the same trends will impact the truckload market in 2022. In our white paper, 2022 Logistics and Supply Chain Trends and Outlook , we cover many of the lingering effects of the past two years, and the newest challenges truckload shippers can expect to face in the year ahead.

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This Could Be Scary: A Halloween Candy Shortage

Enterra Insights

Journalist Mehr Bedi reports, “Hershey Co said on [28 July] it would fall short of meeting demand for the all-important Halloween and Christmas holiday seasons this year, blaming a scarcity of raw ingredients and difficulties in securing suppliers.”[1] The cost of over forecasting is severe. ”[8]. Think Beyond Candy.

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Are You Prepared for a Climate-Change Charged Hurricane Season?

Enterra Insights

NOAA’s outlook for the 2022 Atlantic hurricane season, which extends from June 1 to November 30, predicts a 65% chance of an above-normal season, a 25% chance of a near-normal season and a 10% chance of a below-normal season. 10] When it comes to moving inventory into disaster-prone areas, historical data can help. Denial of risk.”[6]

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Risk Management Can Be a Competitive Advantage, Part Two

Enterra Insights

Implement a robust security strategy that will make it difficult for even the most determined hacker to gain access to your supply chain networks and data.”[5] Encrypt your data, and prepare a robust security response plan in the event that something does go wrong.

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The Internet of Things in the Supply Chain

Enterra Insights

… Traditionally, inventory counts [have been] a complex exercise done manually about once a year but RFID technology enables retailers to monitor stock monthly bringing accuracy from 60% to over 90%.” Although cost remains an issue, the greatest challenge to wider IoT implementation is security. ”[6].

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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

Thomson Reuters purchased the global trade compliance vendor Integration Point in 2018. In April of 2022, British American Tobacco, headquartered in the UK, agreed to pay $508 million in fines for selling their products to North Korea. The Finance Department Tariffs are a form of taxes. Treasury Department.

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What You Need To Know About The State Of The Retail Worker Shortage

ToolsGroup

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” in 2022, with Finance Minister Bruno Le Maire calling the shortage the country’s “second biggest emergency.”.