Vietnam shipping and selling eCommerce guide

Vinculum

Vietnam is one of the up-and-coming destinations for shipping and selling your products through eCommerce. The revenue from the eCommerce market in Vietnam is projected to reach US$7,709mn in 2022. Shipping to Vietnam.

Truck Driver Wage Increase Expected to Increase Shipping Costs Lending Towards Shippers To Focus on Transportation Management

Cerasis

But what will this mean to those on the logistics side of shipping and receiving? The major concern throughout the logistics sector is that the increased pay will cause shipping costs to spike. According to the Bureau of Labor Statistics , the heavy and tractor-trailer trucking industry is projected to increase by 11 percent through 2022. For those in the shipping industry the need to find a way to cut costs is imminent.

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The Interrelated Issues Facing the Trucking Industry

PLS Logistics

The American Trucking Association projects that the trucking industry is poised for serious growth by 2022. The forecast suggests that overall revenue for the industry will rise almost 66% and tonnage will increase 24% by 2022. However, 2016’s economy saw slow growth, shipping rates and volumes. Due to low demand, excess inventory and infrastructure bottlenecks, revenue YOY only rose 0.2%.

The Industrial Internet of Things, Manufacturing, Supply Chain & Logistics: Where Are We & Where Are We Going?

Cerasis

trillion to $14 trillion by 2022. Transportation management systems are evolving to include information before products were even shipped, such as manufacturing or warehousing data. In-transit visibility, or the ability to see exactly where a product is at during shipping, is being enhanced at phenomenal rates, reports Business 2 Community. The era of paper-based systems and physically monitoring the supply chain is ending.

Predictive analysis: How it improves supply chain visibility

20Cube Logistics

Inventory management, picking, packing, and shipping are all time and resource-intensive processes which can have a dramatic impact on a business’s bottom line.”. billion by 2022 and hence the use of predictive analysis is at the forefront offering a myriad of opportunities in decision making such as stock errors, damaged inventory, among others.

Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Gartner estimates that by the end of 2022, 85% of enterprises will have some form of RPA implemented in their business and Forrester calculates the RPA market will exceed a 50% CAGR by 2023, going from roughly $500 million to $2.8

Logistics property update: December 2020

EFT

Planned to open in 2021, the one million sq ft centre will create over 500 new full-time jobs and will focus on the packing and shipping of larger-sized customer items such as patio furniture and outdoor equipment. (56). Jaguar Transport acquires Ohio warehousing site.

How to Change Your Inventory Management Strategy in the Omnichannel Era

Elementum

e-commerce market has nearly doubled in size since 2011, and is forecast to grow to $737B by 2022. Companies with fast-growing e-commerce sales should have direct fulfillment centers for faster shipping. The U.S. Managing stock for a variety of commerce channels is becoming more complex, costly, and risky. As recent losses by H&M and other major brands illustrate, poor inventory management can be a major cause of financial distress.

The need to know

EFT

Hyundai Samho delivers world's first LNG-powered very large container ship v. EU parliament votes to make ships pay for their pollution. The need to know from Reuters global network of journalists. Walmart unveils membership service with free delivery, no lines. Walmart Inc WMT.N

Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. If there is too little inventory, you risk not having product on the shelf and losing market share, or increased costs for expedited shipping. The report also mentions that the global growth rate is almost double that of the US food industry. It’s a prediction that shouldn’t be ignored.

International Ecommerce Selling: 6 Factors to Consider Before You Get Started

ShipBob

Cross-border purchases will comprise 20% of all worldwide ecommerce by 2022. As long as your international shipping strategy is set up to ensure you’re profitable and keep logistics costs down, there’s a lot of unmet potential in expanding across the globe. . It’s important to know what products can be imported, if expansion will lead to profit, and if you’ll need to find fulfillment resources that can help you navigate each country’s local laws, taxes, and shipping regulations.

Doing Business in Germany

QAD

Shipping. Germany ranks number 7 in the world for km of rail, 12 th in the world for roads and 18 th for inland waterways, making it fast and easy to ship by almost any method. Whether you choose to ship by rail, water, truck or air, the movement of goods is fast and efficient. . The next election is scheduled for February 2022. Germany is the largest economy in the EU, and it’s the second most populous country. It is the fifth largest economy in the world. .

Technology and the Changing Nature of Logistics

Enterra Insights

Gartner, for example, reports that 80% of supply chain blockchain initiatives will remain at a proof of concept (POC) or pilot stage through 2022.” Some services to consider are 24/7 technical support and free drop shipping or courier service to deliver beyond expectations.” There has been a lot written and spoken about supply chain operations during the coronavirus pandemic. Supply chain operations are complex — encompassing a broad array of processes and operations.

2020 Trends in Freight Transportation, and the COVID-19 Impact

Logistics Bureau

At the beginning of this year, all expectations were for rates to remain flat, perhaps even making air freight a viable alternative to ocean shipping for companies that wouldn’t ordinarily consider the option. The beginning of 2020 saw the implementation of the International Maritime Organization’s IMO 2020 regulation , effectively banning ships from operating on fuel with more than 0.5% The High Cost of Sustainable Shipping. Smarter Shipping Steams Slowly, But Surely, Ahead.

Blockchain in the Supply Chain is Only a Few Links Long

Enterra Insights

John Monarch ( @realjohnmonarch ) reports, “Blockchain innovation in the supply chain shows great promise for enabling proactive management of shipping. Manufacturers may ship their products across the globe, but they lack key data about shipment location and status as packages move from sea port to port. 2] Staff, “ Gartner: 80% supply chain blockchains will still be pilots in 2022 ,” Ledger Insights , 24 January 2020. [3]

Security: A Big Challenge for the Internet of Things

Enterra Insights

Edwin Lopez ( @EdwinLopezT37 ) and Jennifer McKevitt ( @mckvt ) report a study by Mobile Experts concludes, “High demand could lead Internet of Things makers to triple production by 2022, shipping $70 million worth of devices in the next five years compared to $22 million today.”[2] 2] Edwin Lopez and Jennifer McKevitt, “ Report: IoT tech may triple in use by 2022 ,” Supply Chain Dive , 9 August 2017. [3]

This Week in Logistics News (January 2 – 8)

Logistics Viewpoints

UK freight shipping costs quadruple after Brexit, COVID. The move is not overly surprising given how much the pandemic has fueled not only e-commerce growth, but the expectation of faster shipping options. Welcome back.

Freight Procurement Solutions Are Transforming Supply Chains

Jaggaer

First, for shipping companies and third-party logistics (3PL) providers, automation provides an opportunity to develop a strategy for each carrier type, mode, capacity and service. With the rapid spread digitization of business process functions, these experts predict that by 2022, 50 percent of all organizations will have acquired at least one procurement software application. Why You Should Consider Freight Procurement Sourcing Solution.

Vacancies for US Industrial Space Lowest Since 2000

EFT

Online purchases are predicted to reach $638 billion by 2022. We're continuing to see increasing demand for our services from companies in need of these facilities, in order to receive and ship products to customers' homes and physical retail locations. Vacancies in the US industrial sector, which includes warehouses, distribution centres and other facilities, dropped by 10 basis points (bps) to 7.2

Podcast: Daniel Stanton on Technology, Education, and Disruption

Requis

Given everything that we know right now, I’m working under the assumption that January 2022 is the earliest that I’m going to be doing business travel. Otherwise known as “Mr.

Getting Started with Cross Border Ecommerce

Vinculum

Data from Global-e shows that cross-border online sales worldwide have increased by 21% from Jan to June of 2020, and it cross border commerce is expected to continue to grow to a $630 billion market by 2022.

A Grocery Store You’ve Never Heard of is About to be one of the Biggest in America

BlueYonder

billion to expand to 2,500 stores — up from 1,600 stores today — by 2022, the company said Monday. Inventory is often delivered to warehouses in shipping containers. Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. This week: Aldi, a grocery store you’ve probably never heard of, says it plans to become the third-largest grocery chain in the U.S.

How Ecommerce Enablers are Expanding Online Businesses Cross Border

Vinculum

By 2022, it will make up to 20% of the eCommerce cross-border. Account and Shipping Integrations. Various Shipping Options. Most of the online players lose customers on the checkout page either due to high shipping charges or limitations of shipping.

International eCommerce – All you should know about

Vinculum

E-commerce’s share of total retail sales is expected to rise over 15% in 2022 from 8.9% Check for your internal operations such as skillset employees, human resources, finances, shipping handlers, and marketing strategy. Logistics and Shipping.

Amazon’s Mexican Aspirations

Logistics Trends and Insights

of total sales in 2017 but it’s projected to more than double by 2022, reaching $14 billion. This will increase the value in which goods can be shipped before duties and taxes are assessed. It will not be surprising if Amazon utilizes its presence in Arizona as a jump off point to ship goods into and out of Mexico.

Why Singles Day Will Become A US Sales Festival

Freightos

It’s Mind-Bogglingly Cheap to Ship To China. Supply and demand on US-China exports, combined with historically low freight prices, meant that, shipping a 40′ foot container from the Port of Long Beach to the Port of Shenzhen costs less than the price of a mid-range MacBook. By 2022, McKinsey anticipates that a full 76% of the population will be part of the middle class. Why Singles Day Will Become A US Sales Festival. By Zvi Schreiber, CEO of Freightos.

The need to know

EFT

A group of leading investors on Wednesday called for an end to a crisis involving hundreds of thousands of seafarers stuck on ships for many months due to COVID-19, warning that the situation was creating bigger risks every day. The need to know from Reuters’ global network of journalists.

Truck Driver Shortage: Getting Better, Worse, or No Problem at All?

Talking Logistics

Then again, back in October 2013, the ATA stated that “if freight demand grows as it is projected to, the driver shortage could balloon to nearly 240,000 drivers by 2022.”. In the current forecast, the driver shortage will be about 110,000 drivers by 2022, so it appears that the driver shortage problem has improved by 130,000 drivers since the 2013 forecast.

5 types of mobile robots that are changing the face of warehousing

6 River Systems

According to market intelligence firm Tractica , nearly a million warehousing and logistic robots will be shipped annually by the year 2022 — almost five times the volume in 2018. The adoption of robots in warehousing, once considered a pipe dream, has become mainstream.

Guide to warehouse robots: types of warehouse robots, uses, navigation & more

6 River Systems

between 2017 and 2022, reaching $6 billion in value by 2022 , with the U.S. They’re typically used for receiving functions, such as moving items from pallets to racks, in production environments, for picking and packing and shipping. kg to 10 kg (1.10231 lbs to 22.0462 lbs) range held the largest share of the warehouse robotics market in 2016 and is expected to grow at the highest rate during Market and Market’s 2017 to 2022 forecast period.

Why the Ethanol Supply Chain Should Fuel the Renewables Debate

Supply Chain @ MIT

Biofuels such as ethanol are seen as an important alternative to gasoline, and the US has mandated the use of up to 36 billion gallons of these renewables by 2022. As a result, moving the material by pipeline – the preferred mode from both environmental and financial standpoints – is problematic, so ethanol is usually shipped via rail, barge, and truck. Burning issues. A broad view of the ethanol supply chain can reveal much about the future of biofuels. Photo: Shell.

A Grocery Store You’ve Never Heard of is About to be one of the Biggest in America

BlueYonder

billion to expand to 2,500 stores — up from 1,600 stores today — by 2022, the company said Monday. Inventory is often delivered to warehouses in shipping containers. Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. This week: Aldi, a grocery store you’ve probably never heard of, says it plans to become the third-largest grocery chain in the U.S.

This Week in Logistics News (January 2 – 8)

Logistics Viewpoints

UK freight shipping costs quadruple after Brexit, COVID. The move is not overly surprising given how much the pandemic has fueled not only e-commerce growth, but the expectation of faster shipping options. Welcome back.

How to Scale Health and Beauty Products: Online Stores with Intelligent Fulfillment

ShipBob

Here are some surprising stats that showcase its tremendous growth: US health, beauty, and wellness category is forecasted to reach $86 billion by 2022. One of the biggest things to consider is how you’re going to fulfill and ship orders not only in a timely manner, but also at an affordable rate. We were shipping a dozen orders per day, and now we ship hundreds per day. If you’re shipping a lot of orders to customers across the country (e.g., 2-day shipping.

Freight Forwarding And Digital Customer Service Five Years From Now

Freightos

What do forwarders think will happen to freight service by 2022? Company that needs goods shipped. Freight Forwarding And Digital Customer Service Five Years From Now. By John Edmonds, Research & Marketing, Freightos. Today we shop in our pajamas, comfortable behind our screens. As consumers, it’s become our baseline service expectation. Even a phone call can seem like too much effort.