The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Since 2021 as the Green Corridor contributor, I’ve focused my roundup on the same basic categories. My 2024 predictions for these modes is that ocean shipping transformation will continue. My prediction for 2024 is that this attitude will persist in our region unless there are disincentives for plastic packing material use.

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Logistics Viewpoints

FEBRUARY 2, 2024

She also said the company planned to ask workers to return to the office five days a week in 2024. percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. percent in early U.S.

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Logistics Viewpoints

JANUARY 4, 2021

The best guess on when we might see autonomous trucks delivering loads without drivers in the truck to take over in case something goes wrong in 2024. But even in 2024, these trucks will not be running across all lanes nationwide. The post 2021 Supply Chain Technology Trends to Watch appeared first on Logistics Viewpoints.

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Freightos

JANUARY 3, 2024

More Resources Home January 3, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America East Coast peak of $22k/FEU.

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Enterra Insights

DECEMBER 9, 2020

He explains, “In 2021, every company will learn to become a healthcare company, too, as safeguarding employees and customers becomes a core requirement of doing business.”[7] Nevertheless, for the first half of 2021, the COVID-19 pandemic will be the megatrend affecting most governments, businesses, and people. Footnotes.

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Logistics Viewpoints

JANUARY 12, 2024

As a New England Patriots fan, this season was certainly disappointing, as everything seemed to go wrong, except for landing a top-3 draft pick in 2024. inflation first began to heat up in 2021, it was written off by many economists as largely a temporary thing. Walmart unleashes ‘largest drone delivery footprint of any U.S.

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Supply Chain Matters

FEBRUARY 14, 2024

Further, Japan based shipping line Mitsui OSK Lines indicated a belief that this disruption could extend thru the balance of 2024. percent in 2024, but that appears to be rather high given a decline in global production volumes for the past 15 months. Maersk currently estimates container volumes will increase from 2.5 percent to 4.5

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Logistics Viewpoints

OCTOBER 6, 2023

That’s a sharp reversal from 2021 and the first half of 2022, when UPS and FedEx – awash with volume from the early pandemic’s online shopping surge – rebuffed discount requests and cherry-picked the most profitable customers.

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Logistics Viewpoints

JANUARY 10, 2024

Just last week, my colleague Clint Reiser wrote an article about the top logistics and supply chain conferences to attend in 2024. 2021 was the trough with in-person events severely limited. in December 2021. We look forward to seeing what the top logistics stories will be for 2024 and beyond.

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Supply Chain Matters

JANUARY 10, 2024

Supply Chain Matters This Week in Supply Chain Tech kicks off our 2024 series with two acquisition announcements related to multiple supply chain providers. In 2021, this column highlighted Blackstone’s acquisition of the company for $1.4 The company is backed by a number of investors and has undergone funding rounds in 2018 and 2021.

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Supply Chain Matters

JANUARY 12, 2024

In a prior Supply Chain Matters posting we called attention to a published CNBC report in mid-December indicating that Tesla informed production workers at the company’s gigafactory in Sparks, Nevada that certain set-rate hourly workers will be granted upwards of 10 percent wage increases in early January 2024. In 2021, the U.S.

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Supply Chain Matters

MARCH 25, 2024

Existing CEO Dave Calhoun will reportedly be leaving the company at the end of 2024. Deal will be replaced by Stephanie Pope, a 30-year Boeing employee, was appointed to be the commercial aircraft producer’s first appointed Chief Operations Officer as of the start of 2024. They are far reaching in their implication and resolve.

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Supply Chain Matters

FEBRUARY 12, 2024

The Ferrari Consulting and Research Group highlights a 2024 prediction of added labor activism continuing across industry supply chains in 2024. According to reporting by The Wall Street Journal , that level of worker labor activism was nearly eight times the number of workers involved in 2021.

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Supply Chain Matters

NOVEMBER 7, 2023

Then came the infamous Suez Canal disruption that occurred in March 2021 when the mega container ship Ever Given became grounded in the middle of this vital canal, and resulting in a multi-day closing of shipping traffic. 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

FEBRUARY 12, 2024

Mr. Ala-Pietilä background is noted as being the President of Nokia Corporation from 1999–2005, along with being a member of the SAP Supervisory Board from 2002–2021. Reflecting re-investments into strategic growth areas, SAP expects to exit 2024 at a headcount similar to current levels.” All rights reserved.

SAP 52

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Locus Robotics

JANUARY 22, 2024

injuries (including strains, sprains, or even fatalities) per 100 workers in 2021, which is almost double the rate of 2.7 The threat of collisions or physical strain comes along with constant exhaustion to tank morale. Prevent Injuries and Control Costs According to OSHA , warehousing reports over 5.5 incidents in all other industries.

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Logistics Viewpoints

JANUARY 11, 2022

trillion in 2021 to $3.0 trillion in 2024. Moreover, the 2021 Double 11 Festival was the largest to date, with over $139 billion of sales generated in major E-commerce platforms like Tmall and JD.com. In the past the event was only held on Nov.11

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Supply Chain Matters

MARCH 6, 2024

In February of 2021, Supply Chain Matters highlighted a memorandum of understanding with global contract manufacturing provider Foxconn Technology for volume production. Once more, the company has a stated goal to produce upwards of 22,000 vehicles in 2024. Being asset light, vehicle production was planned to be outsourced.

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Supply Chain Matters

DECEMBER 29, 2023

In 2021, Tesla acquitted a former JC Penny distribution center located in Lathrop, California for the initial production of megapacks. Aggressive Timeline According to Tesla , plans reportedly call for breaking ground for this facility in the first quarter of 2024 with production anticipated to commence in the fourth quarter.

China 52

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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.

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The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

As we finish 2021, the supply chain is front and center with challenges reported across the globe; across multiple industries from consumer products through to automotive. By 2024, 40% of APeJ-based supply chain forecasts will be automated through the use of artificial intelligence, improving accuracy by 5 percentage points.

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QAD

NOVEMBER 7, 2023

After only 22 percent of companies were found to be compliant with the German National Action Plan in 2020, the German parliament enacted GSCA and voted to make participation mandatory in June 2021. As of January 1, 2024 the law will extend to companies with 1,000 or more employees.

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Resilinc

MARCH 5, 2024

Navigate the top climate change issues set to impact the supply chain in 2024. Now, it is predicted that 2024 has a 99% chance of ranking in the top five warmest years. In fact, Resilinc’s CEO, Bindiya Vakil, named Climate Change as one of the top five supply chain megatrends for 2024. 2023 was the warmest year on record.

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Logistics Viewpoints

JUNE 30, 2023

The home improvement retailer expects to complete the effort in fiscal year 2024. Savings will focus on reducing fixed operating costs beyond product and transportation expenses that were “built up as a result of the rampant increase in transactions during 2020 and 2021,” McPhail said. percent in 2021 and 2.8 percent in 2018.

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Supply Chain Matters

OCTOBER 17, 2023

After this supply chain platform provider reported its Fiscal Q2 2024 financial performance in conjunction with the CEO change announcement, the stock of the tech provider plummeted by a reported 50 percent to an all-time low. Deliberations are at an early stage and Elliot could still decide against pursuing a buyout.” All rights reserved.

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The Logistics & Supply Chain Management Society

MAY 28, 2022

At the COP26 climate conference in 2021, more than 1,000 companies committed to adopt targets to reduce emissions in line with the Paris Agreement goals. With renewable electricity generation in 2021 experiencing the fastest year-on-year growth since the 1970s, solar power has become a major trend, seeing a record growth of 160 GW in 2021.

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SCMDOJO

APRIL 15, 2024

Access all the courses related to logistics on our website SCMDOJO Amazon Figures Here’s a breakdown of the latest Amazon figures you requested (as of April 2, 2024):* Turnover in 2023: $574 billion Profit in 2023: $30.4 2021: 1,608,000 Amazon Employees New hires: However, in 2022, they employed over 1.5

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Enterra Insights

FEBRUARY 7, 2022

According to Gartner, this isn’t far into the future: by 2024, 75% of companies will transfer AI from pilot programs to their main operations.” 2] Keith Pickens, “ The Hard and Soft Savings That Come With Digitally Connected Supply Chains ,” SupplyChainBrain, 14 October 2021. [3] Footnotes. [1] Only for turkeys. ”

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Cathy Roberson

FEBRUARY 2, 2024

According to UPS CEO Carol Tome, the 2024 U.S. “Winning back and winning new volume is part of a program we call Project Brown, which will continue into 2024,” Tome said. There was no mention of B2C volume performance, but B2B volumes represented 35.5% of total volumes, up slightly from 35.3%

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Supply Chain Matters

NOVEMBER 14, 2023

production worker hourly wages starting in January 2024. The report observes that in 2021-2022, the largest carriers amassed net income levels totaling $364 billion. Transiting the Suez Canal from Asian ports is estimated to be 15 percent costlier in 2024. based Alabama and Georgia production facilities.

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Enterra Insights

APRIL 7, 2022

The first quarter of 2021 saw a 42% increase in these kinds of attacks and it’s showing no signs of slowing.” 1] Zeljka Zorz, “ Cyber attacks on Ukraine: DDoS, new data wiper, cloned websites, and Cyclops Blink ,” Help Net Security, 24 February 2024. [2] ” The Wall Street Journal, 10 November 2021. [8]

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Supply Chain Matters

JANUARY 18, 2023

This development effort reportedly began in earnest in 2018, with the first application being the display for the highest-end models of the Apple Watch by the end of 2024. Reportedly, plans further call for supplying electronic displays to other Apple hardware including the iPhone line-up after 2024. million in 2021.

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Enterra Insights

DECEMBER 7, 2022

Last December, reporter Jeanna Smialek wrote, “Inflation has become central to the American zeitgeist in 2021 in a way that it hadn’t been for decades.”[1] Sun Showers : Inflation settles between 3% and 4% through 2024 as supply chain disruptions persist and the labor supply remains somewhat constrained. ”[3].

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QAD

JULY 7, 2022

In Bangladesh in July 2021, a fire at a food factory claimed the lives of at least 52 people, some of whom were children. as a tornado struck a town in Kentucky in December 2021, workers at. In April 2021, food giant Hershey Food announced its “ No Deforestation Policy ” to end deforestation across its supply chain by 2030.

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Supply Chain Matters

NOVEMBER 6, 2023

The October report further indicates: “ Of the seven ASEAN nations covered by this survey, five recorded a deterioration in the health of their manufacturing sector, the highest number of countries to report a decline since August 2021.” percent in 2024. World economic growth will reportedly slow from 3.5 Stay tuned.

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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 in 2021 to $1.855 per mile, the highest on record. The resulting list of 16 “high risk foods” incudes certain cheeses, vegetables, fish, crustaceans, and ready-to-eat deli salads. percent higher than in 2020).

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ToolsGroup

FEBRUARY 7, 2022

As 2021’s holiday shopping statistics proved, pandemic or not, consumers are willing to spend. (My When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. in 2021, compared to 42,000 sq. Data source: eMarketer.

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