Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. The LMI has now declined 6.7

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Supply Chain Matters

APRIL 10, 2024

The commentary provided added perspective regarding the Covid related population restrictions in late 2023 that led to meaningful production disruptions occurring with Apple’s largest contract manufacturing facility producing the latest generation of iPhones. and an expanding ban on the use of foreign technology in the workplace.”

India 59

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CH Robinson Transportfolio

AUGUST 27, 2020

After an extremely volatile first half of the year, the challenges in the air freight market look set to continue into 2021, requiring both foresight and forward planning from businesses. A turbulent six months for air freight. This caused an overheated market, with the price of air freight increasing by as much as 400%.

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The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022. The COVID-19 pandemic has been global, with no country or organization immune from its impact.

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Supply Chain Matters

JUNE 9, 2023

They provide a series of ongoing themes: Production and supply chain activity levels continuing to reflect global manufacturing recession and by our lens, again at a crossroad for added shifts. Continued data and developments reinforcing recessionary conditions among global freight, logistics and online retail activity levels.

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Supply Chain Matters

SEPTEMBER 6, 2022

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period. Added Perspectives.

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Supply Chain Matters

NOVEMBER 14, 2023

production worker hourly wages starting in January 2024. Moeller Maersk in conjunction with the reporting of Q3 quarterly financial performance announcing that the company will cut more than 10,000 jobs amid a current surplus of shipping vessels, sharply lower freight rates and contracting levels of shipping demand.

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Logility

OCTOBER 19, 2023

Although inflation has eased in many countries over the past summer, CPG prices are still rising faster than real wages and showing no signs of leveling off in 2024. In addition, a considerable portion of freight transportation expenses continues to soar as diesel fuel costs surge by 20% year over year.

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SCMDOJO

APRIL 15, 2024

Access all the courses related to logistics on our website SCMDOJO Amazon Figures Here’s a breakdown of the latest Amazon figures you requested (as of April 2, 2024):* Turnover in 2023: $574 billion Profit in 2023: $30.4 Perishable goods like fresh food may utilize air freight for faster delivery to distant locations.

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Freightera

DECEMBER 21, 2023

Freightera’s CEO, Eric Beckwitt Gives His Predictions on The Trends in Sustainability in 2024. Deglobalization will accelerate, and reshoring and localization of manufacturing will continue 2023 has seen a severe freight recession, especially in North America, with significant overcapacity and declining rates for ocean shipping as well.

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The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

trillion industry by 2024 , consisting of not only food, but also cosmetics, pharmaceuticals, modest fashion, media & creation, and Muslim friendly travel. I would certainly recommend before the year 2024. De-Carbonising Road Freight Operations: Bridging the Know-Do Gap. Developments. MORE FROM THIS EDITION. Green Skies?

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Supply Chain Matters

MARCH 22, 2024

We do so in the lens of supply chain management and manufacturing. While such an application might have been effective, and Procter and Gamble might have been pleased, it is not in conformance with the approved manufacturing process instruction specification for the aircraft. All rights reserved.

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Logistics Viewpoints

APRIL 30, 2021

Part of this plan is to speed up its supply chain, primarily with a $100 million distribution center in Hendricks County, creating up to 500 jobs by the end of 2024. Apple’s Advanced Manufacturing Fund is financing the project. The distribution hub will be operated by XPO Logistics Supply Chain, which has already started hiring.

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Supply Chain Matters

SEPTEMBER 18, 2023

Flexport Focus Turns to Profitability and Cost Reduction In our supply chain technology breaking news update on September 7 th , we highlighted the sudden resignation of Dave Clark from the CEO role of freight technology start-up Flexport. Clark, who assumed the sole CEO role in March after company founder Ryan Petersen handed over the reins.

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Supply Chain Matters

DECEMBER 6, 2023

The canal disruption is further noted as having more freight being routed to U.S. Global Production Stabilization In our recently published monthly summary of November’s global PMI reporting , our research arm noted that with one month remaining, the year 2023 will likely be depicted as one of global manufacturing recessionary conditions.

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Supply Chain Matters

JULY 21, 2023

parcel shippers with the threat of a labor strike for parcel carrier UPS and for LTL carrier Yellow Freight. Manufacturers and wholesalers are likely prioritizing material needs to avoid added disruptions as best they can. Next week is turning out to be a rather challenging week for U.S. transportation and logistics interests

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Intelligent Audit

NOVEMBER 22, 2022

Despite carrier hopes of volume normalization as the market contracts in 2023, FreightWaves warns, “ 2023 is likely to be another year of sub-replacement level builds due to parts and components shortages as well as Europe’s struggles with sourcing energy to power vendor manufacturing site. ”. YoY Volume Lapses Worry Air Cargo Companies.

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Supply Chain Matters

APRIL 4, 2024

Founded in 2002 with over 100 consultants and based in Boulder, Colorado , Spinnaker SCA designs and builds agile supply chains for leading brands across Consumer Staples, High Tech, Industrial Manufacturing, Retail & Apparel, Medical Devices, and Distribution Industries. All rights reserved.

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ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Carriers Will Lower Rates But Keep Many Others.

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Intelligent Audit

DECEMBER 12, 2022

This, along with container shortages, drove up ocean freight spot rates and caused sporadic export delays. To keep freight moving throughout supply chains, additional workers were recruited throughout the pandemic at higher hourly pay while existing workers received bonuses and pay raises. How is Inflation affecting freight rates?

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Supply Chain Game Changer

JANUARY 7, 2021

Starting from the manufacturer, supplier to the distributor, companies can streamline operations with a digital supply chain. With the advent of 2021, AI unveils new avenues for revolutionizing SCM across automation, planning, logistics, inventory, fleet & freight. Artificial Intelligence (AI). Immersive Technologies.

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Proxima

OCTOBER 24, 2023

The effect of inflation rippled through supply chains, causing rising materials, labor, energy, and transportation costs, making it more expensive to manufacture, store, and ship goods across the board for many individuals and businesses. The challenge is in prioritizing the opportunity so it doesn’t pass you by.

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Supply Chain Matters

MARCH 4, 2022

In January, Supply Chain Matters highlighted an announcement from electric vehicle start-up Rivian Automotive disclosing plans to invest in a second volume manufacturing facility be located near Atlanta, Georgia with production operations being planned for 2024.

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Operations and Supply Chain Management

FEBRUARY 17, 2022

Rickenbacker International Airport was a bustling hub for air freight well before the pandemic—a day’s truck drive to half of the U.S. International freight being unloaded at Rickenbacker airport. a digital freight forwarder. population, so the slogan goes. Photographer: Megan Jelinger/Getty Images. billion shortfall.

America 52

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Enterra Insights

JANUARY 8, 2019

A recent Financial Times article stresses that now is the time for manufacturers to diversify their product portfolios to reduce risk.”[3] He predicts, “By 2023, talent shortages in the supply chain for 75 percent of the top 500 manufacturers worldwide will largely have been mitigated using supply chain digital assistants.”[6]

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American Global Logistics

JANUARY 10, 2024

The old status quo cannot manage these disruptions in the 2024 supply chain. To get ahead of these tectonic shifts, identifying emerging trends will help you navigate the coming 2024 supply chain changes. Supply Chain Management With disruptions likely to persist in 2024, developing supply chain resilience and agility will be crucial.

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Intelligent Audit

JANUARY 24, 2023

Shippers Worry as COVID-19 Places Pressure on Chinese Manufacturing In late 2022, Chinese officials decided to pull a U-turn on their “zero-COVID” strategy. For shippers dependent on China’s busy manufacturing center, these rising case numbers are causing significant anxiety. “ 19 and Dec.

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Proxima

AUGUST 3, 2020

Whether warehousing, automation, freight, retail or e-commerce, business leaders needed to evaluate and address many or all in order to maintain their supply chains and keep up with the demand, which in turn, was drastically altered by the pandemic. billion by 2024. International and domestic challenges of freight amidst COVID-19.

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Logistics Viewpoints

APRIL 29, 2022

Bank of America sounding the alarm on collapsing freight demand. In that spirit, a number of freight- and supply chain-focused companies and at least two federal agencies used the annual observance of Earth Day to publicize what they are doing or plan to do to help the environment, promote sustainability and reduce emissions.

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Logistics Viewpoints

OCTOBER 6, 2023

Officials described the actions, which include charges against eight Chinese companies accused of advertising, manufacturing and distributing precursor chemicals for synthetic opioids like fentanyl, as the latest effort in their fight against the deadliest overdose crisis in U.S. Postal Service and Amazon, UPS and FedEx dominate the U.S.

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Unleashed

MAY 19, 2020

billion by 2024, according to Business Wire. Leveraging the best manufacturing Enterprise Resource Planning (ERP) software, maximising productive efficiency, and accessing management expertise early , are the strategies that will set the best apart. Craft brewing is projected to be a US$107 billion industry by 2024.

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ToolsGroup

APRIL 1, 2022

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Raw Material Shortages Are Affecting a Challenged Supply Chain.

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Unleashed

MARCH 25, 2024

Private consolidation warehouses are owned and managed by the business that uses them, such as a retailer or a manufacturer. Freight Consolidation The practice of combining multiple small shipments into a single, larger shipment to take advantage of volume discounts, reduce transportation costs, and enhance overall efficiency.

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Logistics Viewpoints

NOVEMBER 18, 2022

The new drone, dubbed MK30, will go into service in 2024 and replace the existing MK27-2, the model that will be used to make deliveries in Lockeford, California, and College Station, Texas, this year. The new unit has a longer range, can fly in a wider range of temperatures, and has new safety features, Amazon said.

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Resilinc

DECEMBER 12, 2023

Healthcare Supply Chains: The Defense Production Act Title III To manufacture more essential medicines within U.S. Participants are now utilizing FLOW data to inform logistics decision-making, which has helped make global freight networks more resilient through earlier supply chain disruption warnings.

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Logistics Viewpoints

FEBRUARY 16, 2024

More recently, the massive scale of China’s solar-manufacturing operations has become an advantage, as it attracts talent, research money and ecosystems of suppliers. More recently, the massive scale of China’s solar-manufacturing operations has become an advantage, as it attracts talent, research money and ecosystems of suppliers.

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Logistics Viewpoints

OCTOBER 20, 2023

Starting in 2024, Amazon will require suppliers to share their emissions data , set emissions goals, and report on their progress, the e-commerce giant said in its recently released sustainability report. Amazon launched the system this week at one of its warehouses in Houston. September imports, at 2.54 million TEU tally.

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