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This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Cargo ships lost 661 containers at sea in 2022, down from the 15-year average of 1,566 lost per year, according to the latest figures from the World Shipping Council (WSC). Some major ocean carriers have also announced new fees for goods shipped on the route as of June 1 in response to the canal restrictions.

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Using Technology to build Sustainable Supply Chains

The Logistics & Supply Chain Management Society

In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supply chain operations, will increase their revenue by 20 percent in 2025. Dynamic routing has empowered logistics providers to consider plans B, C and D, offering alternative options of ocean and air freight cargo.

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The Top 6 Trends in Logistics Impacting Shippers in 2017

GlobalTranz

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. Meanwhile, the use of Big Data will empower new fleets and freight optimization and consolidation measures, and the IoT will provide new insights. Globalization Will Become More Important in Everyday Decisions.

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What Are the Trends in Last Mile Logistics?

GlobalTranz

Also, same-day delivery will reach a 25-percent market share by 2025. Up to 84 percent of global freight spend on trucking costs, including fuel, labor, technology and asset tracking, amounting to more than $800 in the industry. By 2018 alone, same-day delivery and last mile logistics will be valued at more than $1.35

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Freight Driver Shortage Update: Will 2017 Come to a Head & Cause Issues for Shippers?

GlobalTranz

But, the capacity crunch may have a major impact on the freight driver shortage and vice versa. The Freight Driver Shortage IS BAD and Getting Worse. Since 2005, the freight driver shortage has grown from 20,000 unfilled positions to 70,000, and some reports suggest the shortage may worsen to more than 170,000 vacancies by 2025.

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What is the Hyperconnected Era & “The Internet Of Things” and What does it Have to Do with Manufacturing & Logistics?

GlobalTranz

As per a recent survey and study done by Pew Research Internet Project, a large majority of the technology experts and engaged Internet users who responded—83 percent—agreed with the notion that the Internet/Cloud of Things, embedded and wearable computing (and the corresponding dynamic systems) will have widespread and beneficial effects by 2025.

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Digitized Trucking: Turning The Logistics Value Chain Upside Down

GlobalTranz

Imagine that you own a truck and you receive an order from a soft drink manufacturer in Missouri to transport around 5000 kilograms of freight. Just as the arrival of Hybrid electric cars has been a complete game changer for automobile manufacturing industry, digital trucking is ready to change the way freight is transported forever.