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This Week in Logistics News (September 30 – October 6)

Logistics Viewpoints

They have pushed through annual general rate increases of more than 30% from 2019 to 2024, and are often nearly lock step on pricing. FedEx reported that a decline in domestic parcel volumes flattened out in the first quarter of the 2024 fiscal year ended August 31, suggesting a potentially greater need for flights than in recent months.

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Retail Returns: The Key to Driving Business Growth

ToolsGroup

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. As a result, regardless of freight costs, seamless mail-in returns to the distribution center or ecommerce site are almost better for retailers.

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Milestone: Freightos Celebrates One Million Transactions!

Freightos

Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023. Freight is digitizing itself now at real scale.

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This Week in Logistics News (September 3 – 9)

Logistics Viewpoints

Freight rates on the main ocean trade routes are sinking during what is typically the industry’s peak season after cargo owners shipped holiday goods early and inflation dented consumer demand. A series of new ships will hit the water over the next two years with net fleet growth expected to exceed 9 percent next year and in 2024.

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Retail Startup Tips When Choosing a Shipping Solution!

Supply Chain Game Changer

dollars in 2024. Since research and comparison are the most dominant factors in the process of choosing an eCommerce shipping solution, any kind of lack of information about the software is completely unacceptable. Shipping solution article and permission to publish here provided by Rashmi Sharma. billion U.S. dollars from 1.32

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2023 Truckload Freight Market Report

BR Williams Supply Chain Management

We would like to share some insights on the general economy and freight market specifically with you: our customers, employees, business partners and community. While many economists warned of the inherent uncertainties of a market dependent upon new variables with very little historical precedent, few predicted the freight recession of 2022.

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[INFOGRAPHIC] Supply Chain Planning: 4 Essential Year End Questions to Ask Yourself

GlobalTranz

We will also include a bonus portion of the post to include what is the outlook for the freight marketplace in 2016 and what to consider as you start to plan for better transportation management in 2016. . BONUS: Freight and Transportation Costs Must be Considered in Supply Chain Planning. Minding Freight Bill Audits.