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Red Sea Ocean Transport Disruption Update

Supply Chain Matters

Supply Chain Matters provides our latest update regarding the Red Sea Transport disruption impacting transport movements to and from European and Asian ports. Further, Japan based shipping line Mitsui OSK Lines indicated a belief that this disruption could extend thru the balance of 2024. percent to 4.5

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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

She also said the company planned to ask workers to return to the office five days a week in 2024. percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. percent in early U.S.

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Freight Analytics That Will Enhance Productivity

GlobalTranz

Freight analytics refers to a set of algorithms that meticulously comb through the mountain of freight data to unlock its potential. Recent research indicates the freight metrics and analytics market will swell to more than $27.4 billion by 2024, presenting new opportunities.read More.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton.

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The 10 inventory management trends to watch for in 2022

Unleashed

for the 2020-2024 period), but to also help businesses move on from the pandemic. This means faster shipping times, and lower transport costs. Reduced carbon footprint: Cutting your freight times doesn’t just save money, it lowers your impact on the environment too. billion by 2024 (up from $14.9 Inventory forecasting.

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Legion Athletics Selects Stord to Power Nationwide Fulfillment

Stord

ATLANTA, March 27, 2024 — Legion Athletics , the #1 natural-science based sports supplement brand, announces its partnership with Stord, a leader in high-volume fulfillment services and technology for omnichannel mid-market and enterprise brands.

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6 Transportation Management Trends for 2016

GlobalTranz

2016 will be a defining year for the logistics industry , and transportation management practices must adapt to these changes. Some of these transportation management trends reflect real worries for the logistics industry. Take a look at six of the trends to watch for in transportation management this year.