Supply Chain Matters

NOVEMBER 7, 2023

That in turn, has facilitated more discipline in ocean container freight rates among the globe’s most traversed trade routes from Asia to the markets of developed countries. Europe and Asia , stood at $9,304 per 40-foot container, a 110 percent increase from the same index at the close of 2020.

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Supply Chain Matters

OCTOBER 13, 2023

This development parallels the report of the technology provider’s Fiscal 2024 Q2 quarterly financial performance that included lackluster growth in revenues and profit levels. The company further updated full year fiscal 2024 guidance previously reported in May to reflect Total GAAP Revenues growing on a 3.4

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The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4 trillion industry by 2024 , consisting of not only food, but also cosmetics, pharmaceuticals, modest fashion, media & creation, and Muslim friendly travel. I would certainly recommend before the year 2024. Developments. MORE FROM THIS EDITION.

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Logistics Viewpoints

JULY 29, 2020

I recently wrapped up my Transportation Management Systems market study which looks at the total size of the market, the forecasted growth through 2024, and the leading suppliers across a number of categories including industry, region, and customer size. The post The TMS Outlook: 2020 Update appeared first on Logistics Viewpoints.

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Logistics Viewpoints

AUGUST 19, 2022

The delays caused Aurora to revise its expectations for producing road-ready trucks until the first half of 2024. percent higher than in 2020), repair and maintenance (18.2 percent higher than in 2020), and driver wages (10.8 percent higher than in 2020). percent in 2021 to $1.855 per mile, the highest on record.

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Intelligent Audit

DECEMBER 12, 2022

For the 12 months ending March 2020 (the beginning of the pandemic), CPI was 1.5%, and PPI’s final demand index was 0.7%. Toward the second half of 2020, demand for imports began to grow. This, along with container shortages, drove up ocean freight spot rates and caused sporadic export delays. compared to September 2021.

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ToolsGroup

AUGUST 1, 2022

Department of Commerce International Trade Commission , the percentage of retail sales sourced from ecommerce is predicted to increase into 2024–well beyond the lockdowns that caused the initial rise in ecommerce spend. Retail returns are on the rise. According to the U.S.

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Intelligent Audit

SEPTEMBER 28, 2022

According to FreightWaves, the FreightTech 100 2023 is “[…] a selection of the most innovative companies in the freight technology space.” Freight Rail and Union Members Reach Tentative Agreement. For the 5th consecutive year, the panel of industry experts at FreightTech 100 chose to add IntelligentAudit to their list.

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Supply Chain Matters

APRIL 14, 2023

Founded in 2000, German based Transporeon provides a digital freight platform the supports more than 1,200 shippers, 100 large retailers, and over 120,000 logistics services providers and carriers. billion market valuation based on 2024 revenue expectations in 2024. while securing a $5.4

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ShipBob

JANUARY 19, 2024

EORI numbers and Brexit Before 2020, a UK EORI number could be used for importing goods in the EU. If you’re not sent one automatically, you can apply online for an EORI number that starts with XI from December 11 2020. Efficiency and speed are key to running a smooth and successful online store in 2024.

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Operations and Supply Chain Management

FEBRUARY 17, 2022

Rickenbacker International Airport was a bustling hub for air freight well before the pandemic—a day’s truck drive to half of the U.S. International freight being unloaded at Rickenbacker airport. a digital freight forwarder. from 2020 and a 5.4% population, so the slogan goes. Photographer: Megan Jelinger/Getty Images.

America 52

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Freightos

MARCH 23, 2023

There were plenty of freight insights to take in over three days of sessions, meetings and conversations with carriers, forwarders and BCOs, but far too many to include all of them in a blog post that anyone might make it to the end of. What happens next? The downturn may be painful (for some), but is not unusual.

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Proxima

AUGUST 3, 2020

Whether warehousing, automation, freight, retail or e-commerce, business leaders needed to evaluate and address many or all in order to maintain their supply chains and keep up with the demand, which in turn, was drastically altered by the pandemic. billion by 2024. International and domestic challenges of freight amidst COVID-19.

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Enterra Insights

JANUARY 8, 2019

Ellis predicts, “By 2024, more than 60 percent of G2000 manufacturing organizations will rely on artificial intelligence platforms to drive digital transformation across the supply chain, leading to productivity gains of more than 20 percent. ”[1]. Trends affecting supply chain operations.

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Logistics Viewpoints

APRIL 29, 2022

Bank of America sounding the alarm on collapsing freight demand. In that spirit, a number of freight- and supply chain-focused companies and at least two federal agencies used the annual observance of Earth Day to publicize what they are doing or plan to do to help the environment, promote sustainability and reduce emissions.

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ToolsGroup

APRIL 1, 2022

In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. higher than 2020. As of 2020, only 12% of semiconductor chips were made in the United States. (

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Logistics Viewpoints

AUGUST 4, 2023

Linking him as a fan of Pepsi, the company has highlighted an old freestyle track that was discovered in 2020 but recorded in 1997. The Teamsters union has already said it is “putting infrastructure in place to help affected members get the assistance they need to find good union jobs throughout freight and other industries.”

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Logistics Viewpoints

OCTOBER 6, 2023

They have pushed through annual general rate increases of more than 30% from 2019 to 2024, and are often nearly lock step on pricing. FedEx reported that a decline in domestic parcel volumes flattened out in the first quarter of the 2024 fiscal year ended August 31, suggesting a potentially greater need for flights than in recent months.

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Unleashed

MAY 19, 2020

billion by 2024, according to Business Wire. Knocked back just 7% in sales volumes during the height of 2020 lockdowns, according to Unleashed Software’s own data, the beer industry overall has shown remarkable resilience – for somewhat obvious reasons – and appears likely to continue its expansion. Case study 1: Epic Brewing Company.

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Talking Logistics

JUNE 28, 2013

ATA Releases Latest Freight Forecast, Projecting Strong Trucking Growth. This purchase is part of the company’s efforts to improve the fuel efficiency of its vehicle fleet 30 percent by 2020 (compared to 2005). According to the forecast, overall freight revenue will grow by 63.6 percent annually through 2024.

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Logistics Viewpoints

MAY 19, 2023

billion between 2022 and 2024. Social media exploded over the weekend with reports of truck drivers planning to boycott moving freight into or out of Florida in response to the state’s new law regarding migrants. Utilizing the 2021 bipartisan infrastructure package, the U.S. has pledged $3.4 Mexico has pledged $1.5

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Logistics Viewpoints

JUNE 30, 2023

Loadsmith says its newly formed entity, Loadsmith Transportation, is the first freight transportation company built specifically for self-driving trucks. The home improvement retailer expects to complete the effort in fiscal year 2024. This will certainly be an interesting trend to watch. And now on to this week’s logistics news.

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Unleashed

JUNE 23, 2021

2021 has been a tumultuous year, marking a transition period from the chaos of 2020 through to the beginning of the post-Covid-19 recovery. However, 2020 marked a slowdown for IoT adoption rates due to the COVID-19 pandemic, according to the International Data Corporation. YOY in 2020 up to a CAGR of 11.3%

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NC State SCRC

FEBRUARY 22, 2022

Freight demand and rates are escalating. Freight rates are going crazy…and this is really hard to comprehend: the producer price index for all types of freight transportation arrangement (TL brokerage, LTL brokerage, intermodal marketing companies, ocean freight forwarders, air freight forwarders, etc.)

Warehousing 52

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Logistics Viewpoints

JANUARY 3, 2022

When it comes to the movement of freight, one megatrend driving the need for better technology is the driver shortage. In September 2020, the company announced what they claim is the world’s first autonomous truck purchase order from Wilson Logistics. TuSimple is offering freight as a service to shippers and carriers.

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MIT Supply Chain

MAY 17, 2021

Traditional” reasons for shortages Freight carriers, shippers, and various researchers have lamented the mismatch between truck driver supply and demand for decades. At the beginning of 2020, the Federal Motor Carrier Safety Administration launched a drug and alcohol national database as part of an effort to combat drug misuse.

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Supply Chain Matters

MARCH 17, 2023

Dr. Plattner’s term expires in May 2024. Freightos Cuts Revenue Forecast Cloud based freight booking and payments tech provider Freightos slashed its 2023 growth forecast amid continued reductions in global trade volumes and freight rates. During his tenure, Deloitte ’s revenues grew from $35 billion to more than $59 billion.

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Stord

MAY 2, 2022

In February of 2020, we saw the beginning of a really bad game of global musical chairs. This growth is continuing with e-commerce sales expected to reach $6 trillion by 2024. They might work with different trading partners, manufacturing partners, retail partners, and freight and parcel carriers. E-commerce is here to stay.

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Supply Chain Game Changer

FEBRUARY 18, 2021

After the eCommerce boom in 2020-21, the number of global digital shoppers is predicted to hit 2.05 dollars in 2024. Shipping solution article and permission to publish here provided by Rashmi Sharma. billion U.S. dollars from 1.32 billion U.S.

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Supply Chain Matters

SEPTEMBER 12, 2022

Rail operators and a grouping of labor unions have been seeking a renewal of labor contracts since January of 2020. That board reportedly made recommendations that included 24 percent wage increases during the period from 2020 thru 2024 with a 14.1 freight movements, the implications are large for many businesses.

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Logistics Bureau

JANUARY 30, 2023

Pilot Freight Services’ purchase of LTL company American Linehaul Corp. Indeed, in 2020, the US Federal Aviation Administration granted Amazon the approval necessary to operate a fleet of delivery drones. Only last November, the company unveiled a new drone , superior to the existing one, and scheduled to enter service in 2024.

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Logistics Viewpoints

SEPTEMBER 24, 2021

For the calendar year 2020, Amazon delivered 4.2 Redwood aims to begin recycling some material from Ford this year, with the goal of supplying the first anode material in 2023-2024. In fact, Amazon has even begun shipping orders for outside customers. This first started in 2014 when the company delivered 20 million packages.

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Logistics Viewpoints

DECEMBER 3, 2021

million shoppers in 2020 and is in line with the average of the last four years. million in 2020. The trucking industry moves an estimated 70 percent of the nation’s freight tonnage every year, and over the next decade, ATA projects that trucks will need to move 2.4 billion more tons of freight than they do currently.

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Logistics Viewpoints

SEPTEMBER 2, 2022

As part of the deal, however, the retailer will get the majority of beef produced at the facility, which is expected to open by late 2024. that could foreshadow the startup’s approach to eventual long-haul driverless freight movement using an undetermined number of Pilot and Flying J locations.

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Freight Center

FEBRUARY 6, 2020

Our 2020 Freight Shipping Outlook series comes to a close with a forecast of what FreightCenter customers can expect in the new year. 2020 Freight Shipping Outlook Pros. 2020 Freight Shipping Outlook Pros. Freight shipping is a complex industry. 2020 Freight Shipping Outlook Cons.

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BR Williams Supply Chain Management

MARCH 10, 2023

We would like to share some insights on the general economy and freight market specifically with you: our customers, employees, business partners and community. Kiplinger is predicting that “the economy is going to struggle with growth coming in at the weakest in many years outside the sharp downturns of 2020 and 2008-09.

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Logistics Viewpoints

JANUARY 5, 2024

Later this month the nominees will be announced for the 2024 Oscars. The National Transportation Institute (NTI) recently released Q4 2023 driver pay data that shows driver earnings continue to climb in spite of the freight market undergoing a correction. One category that has always been interesting is Best Adapted Screenplay.

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