Remove 2021 Remove Cargo Remove Inventory Remove Transportation
article thumbnail

The State of the Trucking Market in 2021

GlobalTranz

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? through 2021, but total retail sales will grow 7.9%. Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.?

article thumbnail

7 Ways Businesses Can Manage Supply Chain Shortages in 2021

ToolsGroup

The 2021 supply chain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues. Much of the world is clamoring for finished products from their usual suppliers; but dwindling cargo space, skyrocketing transportation costs, and component delays make it difficult to keep shelves stocked.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Inoculating 2021 E-Commerce with Fulfillment Best Practices

Logistics Viewpoints

These shifts led more fulfillment teams to identify and embrace emerging best practices as part of their 2021 planning. They studied the value of getting inventory closer to customers. Leveraging every competitive strength remains critical in 2021, when any one of these trends can wreak havoc on an unprepared shipper.

article thumbnail

This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

Department of Transportation, which has selected 37 projects to be given funds made available by the Bipartisan Infrastructure Law’s (BIL) Mega Program and the Infrastructure for Rebuilding America (INFRA) Grant Program. Congress established the program in 2021 through the BIL and dedicated $5 billion to the program over a five-year period.

article thumbnail

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

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. In 2021, 87% of Americans were negatively impacted by the supply chain.

article thumbnail

Peak Shipping Season Update: What’s Driving Change in the Industry?

GlobalTranz

A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Port backlogs and cargo limitations are undermining efficiency while warehouse and storage space remain challenging.

Shipping 232
article thumbnail

This Week in Logistics News (January 29 – February 4)

Logistics Viewpoints

Record robot orders in 2021. Sam’s Club rolling out inventory accessory for cleaning robots. Airline group says global cargo volume grew 6.9 percent in 2021. FedEx President and Chief Operating Officer Raj Subramaniam said it’s part of an ongoing commitment to HBCUs, including a $5 million donation in 2021.