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The transportation, logistics, and energy storage sectors are undergoing profound transformation, driven by rapid technological advancements, evolving consumer expectations, and the global pursuit of sustainability. In transportation and logistics, this has manifested as a significant focus on electrification and renewable energy integration.
Home Making Logistics Data Actionable: Insights from Freightos and Gryn July 7, 2025 Blog Data is the backbone of efficient decision-making. However, transforming raw data into actionable insights remains a significant challenge for many logistics organizations. Prioritize Critical Data Sets Not all data is equally valuable.
The logistics landscape is evolving rapidly as more manufacturers relocate production closer to domestic markets. This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supply chains for efficiency, cost savings, and resilience. Government Incentives for Reshoring The U.S.
What’s the Difference Between Freight Management and Logistics Management? In today’s world, where globalization and international trade play an increasingly important role, efficient freight management is becoming a key aspect of success for many companies.
Moody’s has weighed in on two logistics providers in recent days, and the word from the influential provider of debt ratings was positive both times. freight brokerage market will continue to drive solid and consistent results despite a difficult operating environment, including flat volumes and weak pricing dynamics.”
The realm of Supply Chain and Logistics myths is no different. Here are more details, along with a thorough debunking of each of the Supply Chain and Logistics Myths. The Supply Chain is 100% Automated While automation plays a substantial role in the production of millions of products, the logistics chain is far from automated.
Driven by omni-channel growth and multinational expansion, the global logistics industry is booming — and it’s expected to reach $18 trillion in value by 2030. Given today’s demand volatility and economic uncertainty, companies are wise to approach any internal logistics expansion plans with extreme caution.
In an increasingly globalized world, logistics and transportation have taken center stage in the successful operations of businesses worldwide. Emerging from the shadows of standard methods, custom logistics and transportation platforms are shaping the future of the supply chain industry.
Improve Goods Flow By Outsourcing Logistics! Outsourcing logistics can provide numerous advantages for businesses of all sizes. While outsourcing any business function requires careful evaluation, logistics is an area where outside expertise and resources can offer a significant return on investment.
EFW specializes in a full suite of logistics and freight forwarding services. Neither Estes LTL nor Estes Logistics were impacted by this event. In October 2023, Estes Express Lines was the target of a cyberattack that caused an outage in its IT infrastructure. and supply chain management software provider Blue Yonder.
An estimated 26 million US small businesses, 84% of total small businesses, engage in online sales, according to a PYMNTS Intelligence survey in 2023. However, transportation and logistics costs can be prohibitive. As such, many SMBs turn to online platforms to sell products and for transportation and logistics assistance.
on logistics rose in both absolute dollar terms and as a percentage of GDP, and it isn’t likely to go down anytime soon. That was one of the primary conclusions of the annual logistics report released last week by the Council of Supply Chain Management Professionals (CSCMP) at a media briefing in New York. New York–Spending in the U.S.
Digital Opportunity for 3PL Logistics Operations! Below are some common problems in supply chain management and how they can be mitigated with the assistance of software solutions and digital strategies in logistics. Failed customer expectations Logistics management software often has difficulties in fulfilling client expectations.
The proposed changes stem from a 2023 Government Accountability Office (GAO) report that slammed the FMCSA’s existing complaint system for lacking transparency, accountability and enforcement power. Given the freight market’s growing vulnerability to fraud, ghost operations and regulatory loopholes, many hope this won’t just be a paper fix.
Neal is the Chief Executive Officer and Co-founder of Farelanes, a company specializing in providing real-time lane pricing data for the logistics industry. About Neal Huffman Neal Huffman is the Chief Executive Officer and Co-founder of Farelanes, a company specializing in providing real-time lane pricing data for the logistics industry.
Charting the Course to Sustainable Transportation: Our Journey to a Greener Future Introduction At LogiSYM Platinum in October, 2023, t he LSCMS Shippers Council recently hosted a round table event, bringing together key players in the logistics and supply chain management sectors to discuss the pivotal theme of sustainable transportation.
US trucking freight activity fell sharply, by -13.8% compared to the fourth quarter of 2024, according to the latest US Freight Payment Index , which measures changes in both the levels of freight shipments and related spending activity based on transaction data. Year-on-Year (YoY), and by -5.8% YoY and -2.5% YoY and -2.5%
Freight fraud has emerged as one of the most rapidly growing and financially devastating risks in today’s global supply chain landscape. Enter Overhaul’s FraudWatch , a winner of the 2025 FreightWaves Fraud Fighter Awards, which has revolutionized the approach to freight security.
According to a 2025 digital supply chain industry report by logistics trade association MHI, top barriers to automation adoption are a lack of a budget, lack of a clear business case and lack of understanding of technology. billion in automation for its contract logistics division.
The Logistics Managers’ Index – a diffusion index in which a reading above 50 indicates expansion while one below 50 signals contraction – had a 54.7 SONAR: Outbound Tender Reject Index for 2025 (blue shaded area), 2024 (green line) and 2023 (pink line). Increases in logistics costs were more pronounced at smaller companies (69.8)
The report reveals that the global average time for ocean shipments in Q4 2024 averaged 68 days, up eight days compared to Q4 2023. The most significant contributor to the year-over-year (YoY) increase is actual transit time, alongside extraordinary volatility that has created a complex landscape for businesses dependent on ocean freight.
trade with Mexico rises to $74B in May; Redwood Logistics opens office in Queretaro, Mexico; and Franke Group opens production plant in San Luis Potosí, Mexico. Redwood Logistics opens office in Queretaro, Mexico Redwood Logistics has opened an office in Querétaro, Mexico, expanding its presence in the country. This week: U.S.
What was supposed to be a return to normalcy has instead been pre-pandemic freight conditions with seemingly monthly disruptions to fragile supply chains. The Council of Supply Chain Management Professionals (CSCMP) has released its 36th annual “ State of Logistics Report.” logistics spending hit $2.58 trillion, holding steady at 8.8%
Billion Acquisition of e2open Australia based logistics software provider WiseTech, developer of logistics execution software CargoWise , announced an agreement to acquire U.S. listed B2B logistics platform provider e2open Parent Holdings for a reported $2.1 WiseTech Announces $2.1 million in total revenues, a decline of 4.8
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Logistics Fourth, there will be pressure on logistics companies, also impacted by higher borrowing costs, to pass those costs along. And year over year cost comparisons will likely show a lower rate of inflation between 2023 and 2022, as compared to 2022 versus 2021. Originally published on February 7, 2023.
The university’s supply chain program is part of the MIT Center for Transportation and Logistics, which offers a Master of Engineering in Logistics degree. The program provides students with a broad understanding of supply chain management and focuses on developing skills in logistics, operations, and supply chain technology.
New York-based Interwoven Ventures is an early-stage venture capital firm investing in technologies such as robotics and AI to transform the healthcare, manufacturing, logistics and transportation sectors. is experiencing expanding growth, projected to increase from $3 billion in 2023 to $36 billion by 2028, according to MarketsandMarkets.
Cross-functional teams: Forming cross-functional teams that involve representatives from various departments, such as procurement, production, and logistics, can enhance collaboration and enable a holistic approach to lead time reduction. Originally written for Supply Chain Game Changer and published on August 5, 2023.
It’s the first month since April 2023 when truck transportation figures from the BLS have surpassed those of the prior year. David Spencer, the vice president of market intelligence at Arrive Logistics, also in an email to FreightWaves, noted the year-over-year milestone and that it occurred in a time of uncertainty.
billion for this same period during the 2023 period. As Supply Chain Matters highlighted in January 2024 , the initial 2023 holiday sales number was reported as $964.4 That will be an important consideration for the retail and wholesale customer fulfillment and logistics services teams. percent and 3.5 billion and $989 billion.
Mex-Cal Truckline’s operations also highlight the complexities of cross-border logistics with cargo security. Guillen talked about how in 2023 the company saw a spike in accidents, but by 2024 they reduced their DOT accident rating from features like real-time alerts that warn drivers to put down their phones.
Still Foggy at the Top – What the New Logistics Report Means for the Rest of Us For all the hope around trucking bouncing back, the new CSCMP “State of Logistics Report” just affirmed what most small carriers already feel: Things are still off. trillion on logistics last year. That’s 8.7% Prices could move again.
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Originally written for Supply Chain Game Changer and published on May 9, 2023. Following the above steps to fulfill customer orders faster can help you maximize customer satisfaction and gain a competitive edge in the market. Fulfill Customer Orders article and permission to publish here provided by Catherine Park.
The USPS, in 2023, also introduced a service that competes in this lower priced delivery services, USPS Ground Advantage. But its freight forwarding team should benefit by helping its customers maneuver through such issues and act as a consultant by recommending ways to mitigate global risks. increase from Q4 2023. billion, a 1.5%
Wing and Walmart first launched drone deliveries in Dallas-Fort Worth in fall 2023, with an average fulfillment time under 19 minutes, according to a June 5 release from Wing. This is real drone delivery at scale,” said Wing CEO Adam Woodworth.
The software should also offer detailed reporting on delivery timelines and freight costs. Originally written for Supply Chain Game Changer and published on January 11, 2023. Furthermore, your e-commerce fulfillment company should provide customers with a portal that allows them to track the status of their orders.
A number of reverse logistics providers can be found in the Reverse Logistics Association’s directory of service providers. The reverse logistics market comprises a number of players and as noted by DHL’s acquisition of Inmar Supply Chain Solutions, this space is ripe for acquisitions.
billion acquisition of Generative AI start-up MosiacML in 2023, and the upwards on $1 billion acquisition of data management start-up Tabular in 2024. including its global supply chain sustainability software offering for beneficial cargo owners (BCOs) , enterprise supply chain leaders and logistics service providers (LSPs).
As retailers, you need a robust logistics solution that helps in aligning your capacity with customers’ delivery preferences. Above are all the challenges that retailers face when their logistics system is not aligned with customer expectations. Originally written for Supply Chain Game Changer and published on January 4, 2023.
Consumers, retailers, and logistics providers alike are seeking ways to reduce their environmental impact, opting to implement sustainable habits, practices, and technologies both in their daily lives and in business operations such as sustainable home delivery. Originally written for Supply Chain Game Changer and published on August 9, 2023.
While the process of order fulfillment can often be outsourced to third-party logistics providers or even Amazon itself through programs like FBA (Fulfilled by Amazon), self-fulfillment gives you immediate control and arguably deeper insight into your business operations. Keep evolving and progressing!
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