Intelligent Audit

SEPTEMBER 30, 2021

The GRI shipping term refers to the usual increase in fees that are applied to container shipping rates. To help your company keep total costs in check, this blog will dig into the fundamentals behind GRI shipping increases, what a GRI surcharge is and a few other things to know. What GRI Stands for in Shipping.

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Logistics Viewpoints

AUGUST 6, 2021

Another shipping crisis strikes, threatens Black Friday shopping. Volansi completes first-ever autonomous ship-to-ship drone delivery. In comparison, Tesla is substituting alternative chips and writing new firmware to work its way around the chip shortage. And now on to this week’s logistics news.

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Supply Chain Shaman

SEPTEMBER 5, 2022

To put this in perspective, if they had no planning system and no planners and just assumed that they would ship based on prior shipments, the forecast would be better, and the inventory levels more accurate. As shown in Table 2, for the period of 2012-2021, Mondelez is 27 th out of 35 companies in the food sector in driving improvement.

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Enterra Insights

JUNE 28, 2023

By 1956, the first container ship sailed from the port of New Jersey to Texas. That includes packaging, warehousing, shipping, and more. But if you are a part of a small company, by comparison, then you know that most people are doing many different tasks and doing whatever is required to get the job done.

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Enterra Insights

NOVEMBER 22, 2022

Educated customers are comparison shopping for products, prices, and associated services, including free shipping and returns, rapid delivery, and simple return policies. 8] William Kammerer, Curt Bimschleger, and Maura Leddy, “ E-Commerce Capabilities Drive Competitive Advantage ,” The Wall Street Journal, 4 March 2021.

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Intelligent Audit

MARCH 14, 2022

One carrier can charge a higher rate than another for the exact shipping loads and services. The February average was 4 cents shy of the record set in June 2021. According to The New York Times , demand for reliable shipping is as high as ever, and customers are willing to pay for reliable services.

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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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Logistics Viewpoints

DECEMBER 1, 2022

Near the end of 2021, I had the chance to make the early call on Logistics Viewpoints on what 2022 would look like across five major logistics themes. The only bright note is that shipping costs will be a fraction of what they were over the last several years. Container Import Volume Year-over-Year Comparison. Figure 1: U.S.

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The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

EFFICIENCY IS NO SMALL MATTER – DNV, an international society that conducts research on decarbonization, recently released its energy transition outlook for 2021. In one case the fuel and emissions per kilogram shipped was actually halved for a customer! Arcstone provides several ways for the data of suppliers to be passed.

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ToolsGroup

AUGUST 1, 2022

Reports indicate that returns are higher when products are sold online, with an average return rate of 30% for ecommerce purchases, in comparison with 10% for brick-and-mortar sales. Another NRF report showed that online sales comprised 23% of all retail sales in 2021. Image source: Shipping Easy.

Retail 296

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Cathy Roberson

AUGUST 2, 2021

According to the US Census Bureau, furniture & home furnishing store sales are up 43% for the first half of 2021 compared to the same period in 2020. for the first half of 2021 compared to the same period in 2020 and up 5.0% million for the second quarter of 2021. For electronics & appliance stores, sales are up 36.9%

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Enterra Insights

APRIL 13, 2023

Plus, Americans’ spending spree during the earlier years of the pandemic, fueled by stimulus money, boredom and socked-away savings, have made for tough comparisons.”[2] This may include in-store or curbside pickup of online orders (also called click-and-collect, or BOPIS) or shipping from stores.”

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Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. In 2021, the global atmospheric carbon dioxide levels reached a high of 416.45 parts per million, in comparison to the 1960 levels of 316.91 The latter was so severe that cargo ships had to run at half their usual capacity. A slow-moving crisis.

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AFFLINK

JULY 26, 2018

By 2021, $4.5 Not only are the remaining e-commerce companies forced to compete against each other, the must also complete against the e-commerce giant to offer amenities such as low prices, one-click ordering, and one- or two-day shipping. In other words, by 2021, when the e-commerce industry sells $4.5 On the minus side….

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Logistics Viewpoints

SEPTEMBER 1, 2023

Flight activity in May and June, by comparison, was relatively stable. Amazon has started increasing the free shipping minimum to $35 for non-Prime members in some markets, according to notices on its website, as the company looks for more ways to cut costs. Until now, the minimum purchase for free shipping has been $25.

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Cathy Roberson

APRIL 19, 2021

Fastenal expects spot buys to continue through 2021 but "perhaps not quite as intensely in the second half." In comparison, B2C ecommerce sales grew 15% to $601.75 It further noted that the lead times to move its products had increased, resulting in shortages in its hubs. trillion from $1.1 trillion in 2018.

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Intelligent Audit

AUGUST 11, 2021

Optimized Carrier Network Modeling: Advanced analytics and business intelligence within Intelligent Audit allow users to conduct true mode cost comparison scenarios to aid in modeling and optimizing your carrier network, whether that’s for regional parcel versus national parcel carrier decisions or other peak season planning strategies.

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The Logistics & Supply Chain Management Society

APRIL 26, 2022

This is illustrated in a comparison with the other 2 Gen’s. The born “entrepreneurs” A recent (2021) survey conducted jointly by EY and JA Worldwide spoke to more than 6000 Gen Z youth – 55% hope to run their own business after 2-3 years of an initial work stint. WHAT IS GENERATION Z? sanjaydesai.sld@gmail.com / sanjay@humana.sg

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ThroughPut

OCTOBER 13, 2021

13, 2021 /PRNewswire/ — ThroughPut Inc., Container shipping companies carrying essential commodities have experienced large-scale disruptions due to unforeseen yet predictable surges in Demand for Retail Goods. Instant Comparison of Multiple Review Period Volumes. PALO ALTO, Calif.,

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Unleashed

MAY 4, 2022

The 2021 Unleashed manufacturing report found businesses with eCommerce integration in the United Kingdom had a 57% average profit margin, compared to a 46% average profit margin for those businesses without eCommerce capability. Despite this very clear benefit, only 38% of UK manufacturers in the study were eCommerce enabled.

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Multichannel Merchant

MARCH 15, 2022

Analysts and shippers all agree that the 2021 peak season was nothing like its predecessor in 2020, as retailers did a much better job of flattening demand by turning on promotions earlier than usual, and being more diligent in working with carriers on volume forecasts and commitments. During crunch time this past peak season (Dec.

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ShipBob

AUGUST 16, 2021

In order to keep up with the unprecedented volume in such a short time span, it’s important you have the right shipping strategy and fulfillment processes in place. In this article, you will learn about the common challenges DTC brands face during peak shipping season, and how you can prepare your online store for success.

Shipping 98

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Cathy Roberson

JANUARY 3, 2022

According to the US Bureau of Labor Statistics’ producer price index (PPI) for couriers and express delivery services, standard courier services have increased 30.023 points from November 2020 to November 2021, index based on 1992=100 and not seasonally adjusted. This combination resulted in higher shipping costs for retailers.

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Enterra Insights

SEPTEMBER 8, 2022

Prefabricated units of SMRs can be manufactured and then shipped and installed on site, making them more affordable to build than large power reactors, which are often custom designed for a particular location, sometimes leading to construction delays. ” International Atomic Energy Agency, 4 November 2021. [4]

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Intelligent Audit

SEPTEMBER 15, 2022

Compared to the 2021 holiday peak season, the 2022 additional handling peak surcharge is 8% higher, the large package surcharge is 17% higher, and the over-maximum is up a whopping 60%. For example, the peak surcharges will apply to shippers billed for more than 20,000 packages during any week following October 2021.

Canada 52

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Locus

DECEMBER 7, 2021

million barrels of oil a day go through the canal, according to shipping journal Lloyd’s. – Lloyd’s Report, 2021. This issue has affected shipping goods from Asia to Europe and the Middle East. That’s about 7% of all seaborne oil. Risk management maturity model.

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Supply Chain Game Changer

JUNE 17, 2021

International shipping industry article and permission to publish here provided by Daniel Choi. Even during the epidemic, the shipping industry’s significance in the value chain and the transportation of resources and goods worldwide was emphasized, probably most prominently. The Shipping Industry During Pandemic.

Shipping 75

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Turvo

OCTOBER 21, 2021

Less than a quarter ago, the container shipping rates from China to the United States peaked and hit $20,000 per 40-foot box. For comparison, the prices stood at just under $11,000 for a similar container in the last week of July 2021. The inevitable result of the economic turmoil impacts the price of shipping.

Freight 81

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Logistics Viewpoints

JUNE 3, 2022

Shipping companies added capacity, but now containers are stuck in port. During the peak of port congestion in 2021, as many as 30 ships were waiting to enter an Oakland berth. Shipping’s peak season usually starts at the end of June when importers begin ordering products for the back-to-school and holiday seasons.

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Intelligent Audit

NOVEMBER 30, 2021

The state of ocean freight continues to evolve in the wake of peak season, approaching holiday shipping deadlines , and ongoing disruptions. As of November 20, 2021, the costs have skyrocketed to nearly $7,000 more per container. Why Invoicing Errors Are More Likely in Ocean Shipping.

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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. And now on to this week’s logistics news.

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Supply Chain Shaman

JULY 15, 2021

I loved the summary in the Economist article published on July 3, 2021, The Long Goodbye to COVID 19. Economist July 3, 2021. containers are received rom China for every container shipped. Global Chinese imports soared 61% in the first two months of 2021, and will become worse for the holiday period. Globally, 39.3%

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Logistics Viewpoints

MARCH 17, 2022

2021 came with a new set of challenges as global and local supply chains were hit by raw materials shortages, accompanied by longer lead times and higher shipping costs, lack of labor, and the pent-up demand actualizing as record-breaking sales. We can say things have changed, and the pandemic is not just an anomaly event after all.

Supply Chain Planning Software 276

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Zipline Logistics

APRIL 19, 2021

A fresh round of heightened import volume in 2021 has compounded the situation congesting many of the country’s major West Coast Ports. for the first quarter in year-over-year comparisons. Retail sales, including food services, increased 9.8% sequentially in March, according to Thursday Census Bureau data.

Freight 54

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Intelligent Audit

AUGUST 24, 2021

And with several months remaining until the official beginning of peak — it could be as soon as Halloween if Amazon pulls another early launch of Black Friday — understanding these surcharges is essential to keeping shipping spend in check. per package until October 2, 2021, and that surcharge is set to increase to $6.00 4, 2021–Oct.

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Intelligent Audit

MAY 2, 2022

As highlighted by Transport Topics in a January 2022 article discussing freight shipping analytics, “ Data shows total truckload rates year-over-year are holding around 12% higher. That compares with a 29% rate increase in the spot market and a 14% rate increase for contracts in 2021.) They are forecast to grow 2.5%

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Intelligent Audit

MAY 9, 2022

As highlighted by a mid–2021 survey review from Gartner, “ More than one-third (36%) of participants responded with “cost management” as one of their top three obstacles in achieving their supply chain goals and objectives. Standardize Shipping Cost Audits for Apples-to-Apples Comparisons.

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