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FedEx Second Quarter Financial Performance Disappoints

Supply Chain Matters

Just prior to the Christmas holiday, global transportation and logistics services provider FedEx formally reported fiscal second quarter financial performance that fell short of expectations. The established goal is to save $4 billion in costs by fiscal 2025, and a cumulative $6 billion in costs by fiscal 2027.

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Utilizing a 3PL to Apply Transportation Management Best Practices For E-Commerce

GlobalTranz

E-commerce is expanding to reach $1 trillion by 2025, and demand for more products and services among the world’s shippers is keeping third-party logistics providers, like Cerasis, on their toes. Shippers operating are barely entering the realm of e-commerce may struggle with tapping into a global transportation network.

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Breaking: Maersk and MSC Jointly Announce Discontinuance of the 2M Alliance

Supply Chain Matters

Two of the globe’s largest ocean container shipping carriers, Maersk and MSC Mediterranean Shipping Company (MSC) have jointly announced mutual agreement to terminate, effective in January 2025, the present 2M shipping alliance. “ In a joint statement, CEO Vincent Clerc of A.

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This Week in Logistics News (March 13 – 19)

Logistics Viewpoints

Global transportation is at the forefront of sustainability efforts. A coalition of countries is pitching a plan to the United Nations’ International Maritime Organization (IMO) to require global shipping companies to raise funds for an effort to deploy widescale fleets of zero-carbon emission cargo ships within a decade.

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6 Reasons Why any Business Need Transportation Management Software

Shipsy

According to Globe NewsWire, The market size of global Transportation Management Systems (TMS) is forecasted to get market growth from 2020 to 2025, with a CAGR of 14.5%. million by 2025, which was USD 2524 million in 2019. The size is expected to reach USD 4330.8

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Tentative Deal Reached in UPS Labor Contract

Supply Chain Matters

Additional Thoughts and Perspectives As Supply Chain Matters has pointed out in our various highlights of this and other labor contract negotiations involving global transportation, logistics and other supply chain related support services, we are in a period of higher labor activism.

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New IMO 2020 Regulations Help Reduce Marine Sulphur Emissions

CH Robinson Transportfolio

According to an IMO air pollution and energy efficiency study , over 570,000 premature deaths will be prevented between 2020 and 2025 by the introduction of these tighter sulphur oxide emission guidelines. Very-low sulphur fuels can help reduce premature deaths.