Seller’s market for transport services may last through 2023, mega-bull Mehrotra says

The Supply Chain Journal

The powerful surge in demand and pricing now coursing through transport modes will last through the rest of 2021, continue through all of 2022 and could extend well into 2023, Deutsche Bank analyst Amit Mehrotra said in a note published Monday.

Global Blockchain Market for the Supply Chain Expected to Grow at 87% CAGR Until 2023

EFT

million by 2023, at a Compound Annual Growth Rate (CAGR) of 87% during the forecast period, according to MarketsandMarkets. The global blockchain supply chain market is expected to grow from $45 million in 2018 to $3,314.6 An increasing need for supply chain transparency and rising demand for enhanced security of supply chain transactions are major growth factors for the market.

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UPS mulling possibility of same-day delivery service with contracted drivers — CEO

The Supply Chain Journal

The disclosure of the same-day delivery initiatives came at the end of the highly anticipated three-hour event, which was designed to paint a sweeping picture of where the company would be by 2023. by 2023. UPS Inc.

Supply Chain Collaboration Networks Outlook

Logistics Viewpoints

I recently wrapped up my Supply Chain Collaborative Networks (SCCN)market study which looks at the total size of the market, the forecasted growth through 2023, and the leading suppliers across a number of categories including industry, region, and customer size.

The Top Benefits of Automation in a TMS

MercuryGate

According to a Visual Capitalist report, up to 61% of supply chain professionals expect capacity requirements to increase over the next year, and automated technologies are on track to become a major force in the market by 2023. The need for automation within the supply chain is omnipresent.

Supply Chain by the Numbers for July 25, 2019

Supply Chain Digest

Another Worker Protest at an Amazon FC, More Provocative Move by China in the South China Sea, Lots of Ocean Contaiers to be Smart by 2023, Mobile Robot Maker Brings in Huge

China 46

All-In U.S. Push for Vaccine Means Covid Could Linger

Supply Chain Brain

Any shortfalls in the vaccine program could mean the country will struggle with the virus well into 2023

59

Blockchain Makes a Strong Case for the Pharmaceutical Industry

Logistics Trends and Insights

Food and Drug Administration (FDA) began accepting pilot project proposals to identify solutions for meeting the 2023 requirements of DSCSA. As we look to 2023, there’s a lot of unknowns on what the 2023 interoperable system will be and what technologies will enable that system.

Port Houston awards $99M for expansion projects

The Supply Chain Journal

Construction on Wharf 6 is scheduled to be completed in 2023. McCarthy Construction Cos. was recently awarded three construction projects aimed at expanding cargo capacity at Port Houston and the Houston Ship Channel.

Trends and Predictions 2020: Information Technology

Enterra Insights

An IDC report predicts that by 2023, “more than half of all worldwide GDP [will be] driven by products and services from digitally transformed industries.”[3] IDC analysts predict, “By 2023, more than 50% of all ICT (information and communications technology) spending will go toward digital transformation and innovation.” Information technology (IT) is an umbrella term covering a variety of technologies.

Trends 100

Digital Supply Chain Predictions!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! GET our EBOOK HERE. Digital Supply Chain predictions article and permission to publish here provided by Michael Gaughan at land-link.com.

Taking a Big Picture View of Supply Chain Networks

Logistics Viewpoints

Real-time visibility platforms are an indispensable piece of the puzzle, and the report predicts that 50% of global product-centric enterprises will have invested in real-time visibility platforms by 2023.

Green Corridor: Pace and Resolve Needed to Help Reach Sustainability Goals

The Logistics & Supply Chain Management Society

On the ocean, Maersk is rushing ahead to build its very own methanol-fuelled 2,000-TEU feeder vessel for service in 2023. By Timothy Foote, Susymbio, boutique consulting. On Reflection. Being a logistics operations professional, I am always concerned about “slipping backwards.”

The Daily Dash: Good May for Old Dominion

The Supply Chain Journal

Demand for rail equipment and railcars is likely to grow in 2022 and 2023 as customers become more confident about economic recovery in North America, according to rail experts with consulting firm FTR Transportation Intelligence.

Demand for Basic and Specialty Chemicals Continues to Grow

Material Handling and Logistics

million units per year by 2023. Assuming no major trade disruptions, there will be a $69 billion trade surplus in chemicals by 2023. Healthy growth is expected to be driven by broad-based industrial demand. Following growth throughout 2018, the chemical industry is expected to see continued healthy demand for basic chemicals throughout this year, with most specialty segments predicted to benefit from growing demand as well, especially in construction markets.

Musk Sets Lofty Goal for $25,000 Model With Tesla-Made Batteries

Supply Chain Brain

laid out a road map to build a $25,000 car by 2023 and eventually 20 million cars a year, part of the company’s first-ever and highly anticipated “Battery Day” event Tesla Inc.

Port of Savannah sets another record, but growth seen slowing

The Supply Chain Journal

A $250 million project set to be finished in 2023 will transform one of Savannah’s berths from one that handles small ships to one capable of servicing an 18,500-TEU vessel, Lynch said.

DHL to expand in South Carolina with 1.7 million square foot of warehouse and distribution centre planned

EFT

The first building is expected to be completed during the first quarter of 2020 with the remaining two additional facilities to be finished no later than 2023. DHL Supply Chain has said that it will spend $100 million to build the new facility on 125 acres it has purchased and named the acquired area “DHL Commerce Park.”. Primary Event: The 10th Annual North American Supply Chain Summit Précis: DHL Supply Chain is planning to add 1.7

Meet Your Match

Inbound Logistics

billion to run IoT solutions by 2023, startup aims to make robots safe around factory workers, conditions ripe for multistory warehouses, automated material handling equipment market to exhibit significant growth during 2018–2024

Trends and Predictions 2020: Supply Chain

Enterra Insights

Micro-applications : “By 2023, supply chain micro-application extensions will account for one-third of all new technology investments in manufacturing and retail.” Warehouse Automation : “By 2023, 65% of warehousing activities will use robots and situational data analytics to enable storage optimization, increasing capacity by over 20% and cutting work order processing time in half.”

Trends 100

RFID, AIDC, and IoT News Round Up for Dec. 29, 2020

Supply Chain Digest

Samsung Adds Bar Code Scanning to Select Smart Phones, Michelin to Put RFID in All Tires by 2023, Vibeq Networks Claims Breakthrough in RFID Tag Cost and Performance

32

Logility Positioned as a Leader in the 2021 Gartner Magic Quadrant for Supply Chain Planning Solutions

Logility

According to Gartner, “Through 2023, demand for new functionality in supply chain management (SCM) business applications will be driven by the effects of changing business models triggered by digital transformation.”. ATLANTA – February 26, 2021 – Logility, Inc.,

Chip shortage will be with us a long while; Hyundai invests over $7B in US

The Supply Chain Journal

Auto analysts say passenger car construction could be impacted well into 2022 or even 2023. The semiconductor chip shortage continues to be the dominant news item in the automotive supply chain world. Not that anyone is surprised by this anymore.

Straight Talk on 5G for Industrial Applications

Logistics Viewpoints

Release 17 and 18 will contain much more, but they are not due before 2022 or 2023. Pietro Valsecchi, Covestro’s Expert on 5G. 5G represents the next generation of broadband cellular technology. I have written before that 5G for supply chain applications is still at the hype stage.

Wabash National bets big on dry vans, increases capacity by 20%

The Supply Chain Journal

is ramping down traditional refrigerated capacity and converting the floor space to add 20% more dry vans by 2023, counting on freight demand lasting well beyond the current peak. “As Wabash National Corp.

How does eCommerce Affect Inventory Management?

EazyStock

Statista projects that eCommerce sales will surpass $740 billion in the US by 2023. B2B ecommerce sales have also accelerated; Forrester projects that 17% of all eCommerce sales in the US will be B2B by 2023. Better Inventory Management for eCommerce.

Businesses need to act fast to get ahead of Extended Producer Responsibility

Proxima

One of the most seismic of these legislative changes will be the introduction of Extended Producer Responsibility (EPR) from 2023. The UK is coming into a period of major change in environmental policy.

Artificial Intelligence (AI) & Machine Learning (ML) in Supply Chain Planning (Part 2 of 2)

Logility

According to a recent International Data Corporation (IDC) Digital Economy Model, by 2023 over 50% of all worldwide nominal gross domestic product will be driven by digitally transformed enterprises.

Trends and Predictions 2020: Technology

Enterra Insights

By 2023, Gartner projects more than half data will be created and processed ‘outside the data center or cloud.’ Gil Press ( @GilPress ), Managing Partner at gPress, reports analysts from IDC predict, “By 2023, more than 50% of new enterprise infrastructure deployments will be at the edge rather than corporate data centers, up from less than 10% today. The late futurist and science fiction writer Arthur C.

Trends 100

The current trucking market experience: it is both supply and demand

CH Robinson Logistics

Key driver demographics are in a divergent course with a rise in retirement through 2025 and decline in 21-year-olds through 2023.

Grandmas Have Discovered the Joys of eCommerce

Enterra Insights

In 2020, global e-commerce sales growth jumped three years in the first three months of stay-at-home mandates, with a share of overall retail matching 2023 predictions.

Industry Shortages in 2021

3PL Insights

With all these industries beginning to operate at full capacity analysts predict this shortage will continue until 2023. Many industries are having trouble keeping up with demand as the U.S. businesses are operating at full capacity.

The Managed Transportation Services Outlook

Logistics Viewpoints

I recently wrapped up my Managed Transportation Services market study which looks at the total size of the market, the forecasted growth through 2023, and the leading suppliers across a number of categories including industry, region, and customer size.

Will Construction Robots Be the Next Big Thing?

Schooled by Science

between 2018 and 2023. Read Time: 4 minutes Construction robots are taking over the market, with an annual growth rate of 16.8% How long before they become the next big thing? The post Will Construction Robots Be the Next Big Thing? appeared first on Schooled By Science. Manufacturing & Engineering

How Did the Digital Supply Chain Evolve?

Supply Chain Game Changer

They suggested that, by 2023, digital transformation efforts would account for more than half of all information and communications technology (ICT) spending. billion by 2023. That prediction represents a combined annual growth rate (CAGR) from 2018 to 2023. Subscribe Here!