Operations and Supply Chain Management

SEPTEMBER 12, 2022

STATE OF FREIGHT. · Technology helps to match trucks with those sending loads, but it requires industry collaboration. . · · Technology helps to match trucks with those sending loads, but it requires industry collaboration. The road freight industry has a big problem. Lucy Handley @LUCYHANDLEY.

Cost Reduction Strategies 52

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GlobalTranz

NOVEMBER 28, 2017

Cassidy of the Journal of Commerce (JOC), and the continued climb of the stock market alludes to an imminent, modern-day Industrial Revolution. Now, the driver shortage is more than just a slight hiccup in the industry. It is the top concern for shippers, and you need to know what it means for the capacity crunch.

Capacity 122

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Intelligent Audit

APRIL 28, 2022

These legal protocols and regulations are necessary because there is so much growth and expansion potential within this global supply chain and international shipping industry. Freight contracts is the legal agreement established by two or more parties. Summary of Legal Terms for International Parcel Shipping. ?International

Shipping 52

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Elementum

JANUARY 23, 2018

If the trend continues, the ATA predicts the industry could fall short by 174,000 drivers by 2026. They’ve since been struggling to meet increasing demand for freight transport. Now, trucking and logistics companies are trying to recruit more women to overcome growing driver shortages.

Company 100

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Savi

OCTOBER 29, 2019

Agile supply chain operations, especially in the consumer packaged goods (CPG) industry, are using IoT and end-to-end shipment visibility software to outperform competitors with better service while keeping lower inventory levels. This shift is hard to handle because the CPG industry spends at least 5% of revenue on transportation.

Packaging 45

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AFFLINK

FEBRUARY 13, 2018

In fact, according to the American Trucking Association , it's something that the industry has struggled with periodically over the last 15 years. Those "things" need to be transported via truck, yet the industry lacks the capacity to do so. However, that isn't necessarily what's happening. Far from it, in fact.

Military 54

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Turvo

AUGUST 20, 2020

report found that the global 3PL market would surpass $1,800 billion by 2026. Knowing what you want and need from a 3PL ahead of time will help you focus on what’s right for your company’s needs and reduce barriers to freight technology adoption. According to Supply & Demand Chain Executive , a new Global Market Insights Inc.

3PL 55

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GlobalTranz

SEPTEMBER 4, 2019

E-commerce is an industrial atomic bomb. Accounts of e-commerce growth permeate the Internet, and some expect more than 100 million parcels to be delivered daily by 2026. This creates a level.read More.

Logistics Network Optimization Software 120

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Logistics Viewpoints

MAY 9, 2022

Southwest’s customers include consumers, business travelers, and shippers that use the belly of passenger planes to move freight. To achieve the 2030 carbon reduction goals Southwest will invest in fleet modernization, sustainable aviation fuel, route optimization, carbon offset programs, and industry and government partnerships.

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Locus

DECEMBER 22, 2021

2021 may not be a year for the logistics industry to cherish, but it was a year filled with a lot of takeaways. Logistics industry was experiencing capacity constraints, driver shortages, sudden upticks in e-commerce demand, new technologies, different fulfillment models , delays, port congestions, canal blockage etc. Rewind to 2021!

Logistics Network Optimization Software 52

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NC State SCRC

MARCH 4, 2019

The shortage of workers has hit the trucking and logistics industry particularly hard. Freight rates are on the rise, and there are signs that the shortage are unlikely to abate. The DRIVE-Safe Act updates federal law to empower the trucking industry to fill these gaps with a qualified, highly trained emerging workforce.

DC 40

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3PL Insights

JANUARY 12, 2018

There are many jobs to fill in the trucking industry, which is ever growing. The sheer size of freight being carried around the country is expected to expand nearly 29 percent by 2026. The average age of today’s driver is 49, yet many are retiring, leaving the industry with about 100,000 jobs to fill in the upcoming years.

Freight 49

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ToolsGroup

APRIL 1, 2022

While the industry continues to be rocked by world events, uncertainty has become the new normal. But, before we dig into the data – let’s start on a positive note: Supply Chain Statistics Show Challenges, but the Industry Remains Resilient. Global semiconductor industry sales reached a total of $555.9 Consultancy UK).

Material Savings 207

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Talking Logistics

DECEMBER 18, 2017

This past October, the American Trucking Associations warned that the trucking industry could be short 50,000 drivers by the end of 2017. In the report, ATA projects the shortage to reach 50,000 by the end of 2017 and if current trends hold the shortage could grow to more than 174,000 by 2026. Confusing, isn’t it?

Forecasting 105

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GlobalTranz

JULY 7, 2021

Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding.”. It includes brokerages and freight forwarders, but there comes a point at which simply outsourcing to a single 3PL or even several 3PLs grows too complex to handle. Billion by 2026.

3PL 210

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Logistics Viewpoints

JANUARY 6, 2023

Any earn-out is expected to be paid in fiscal 2025 and fiscal 2026. But as opposed to the parcel carriers that transport the small packages purchased through typical e-commerce orders, those large items are hauled over the last mile by 3PLs with fleets of independent contractors and freight brokerage operations. battery manufacturing.

Logistics Network Optimization Software 195

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GlobalTranz

JULY 31, 2015

Freight Transportation Forecast to 2026. This report, available for purchase here , poised some significant implications for the shipping, and by direct correlation, the logistics industry. Take a look at some of the specifics of the Freight Forecast and how shippers may adapt to the coming increases. percent by 2026.

Forecasting 120

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Logistics Viewpoints

MARCH 31, 2022

Already upended for two years by the COVID-19 pandemic, the worldwide logistics industry is facing new challenges. A similar report predicts that, by 2026, 75% of large companies will use some form of smart robotics technology in their warehouses. Digital Freight Bidding. billion in 2020 to $15.79 to less and 0.5%.

Logistics Network Optimization Software 206

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Freight Plus

JANUARY 3, 2018

3PLs are going to have to adapt to new service models and embrace them by offering data/freight management solutions instead of transactional rate negotiations. As we covered in part 3 of this blog series, there are a number of inherent problems that limit the types of freight that can be uberized. Regional Carriers. Conclusion.

Procurement Solutions 40

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Turvo

MARCH 15, 2022

trillion by 2026. . After a period of relative peace in the freight markets for two to three years, the last couple of years has all been about turbulence. See the visionaries who shaped the industry into what it is now, as well as the trailblazers who will lead it ahead. Yet, 3PLs encounter several obstacles today.

3PL 68

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Logistics Bureau

JULY 25, 2022

As part of our ongoing commitment to keep our blog readers updated on what’s happening in the supply chain and logistics world, we’re launching a regular industry news roundup, which we’ll release periodically. When the price of oil skyrockets, so does the cost of producing everything, leaving no industry unaffected.

Agile and Lean Supply Chain 86

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Logistics Viewpoints

JUNE 3, 2022

The dairy industry says USTR should be ready to continue with additional actions to hold Canada accountable to its USMCA obligations if the consultations fail. A strong uptake in collaborative robot usage within the medical, education, logistics, and catering fields will likely drive that market to grow to three times its 2021 size by 2026.

Logistics Network Optimization Software 212

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Material Handling & Logistics

JANUARY 22, 2018

It may seem impossible today, but the physical Internet could be embedded into freight supply chains by 2050. Many already believe that freight exchange platforms, dedicated to maximizing payload efficiency and reducing empty miles, have a role to play in making this vision a reality. Will the industry embrace such change?

Logistics Network Optimization Software 98

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Logistics Viewpoints

MARCH 22, 2024

commercial truck fleet would require nearly $1 trillion in infrastructure investment alone, according to a new report from Roland Berger released today by the Clean Freight Coalition. The $2,500 spread between spot market rates and long-term freight contract rates for Asia to U.S. And now on to this week’s logistics news.

Logistics Network Optimization Software 225

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Material Handling & Logistics

AUGUST 14, 2018

Statistics depict an industry straining to fulfill its mission in the face of a booming e-commerce sector and unprecedented demand for services, particularly in the trucking and courier industries. But some Class 1 railroads, CSX in particular, are cutting back on intermodal service to favor more profitable freight.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software Logistics 98

Freight Center

AUGUST 14, 2019

One of the joys of working in logistics is partnering with businesses across a variety of fascinating industries. Industrial hemp has all the ingredients of an oddball, polarizing and intriguing product which needs its place on the highways. With the industrial hemp market poised to reach $13.03 So, you don’t get “high.”

Idaho 43

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Freight Center

AUGUST 14, 2019

One of the joys of working in logistics is partnering with businesses across a variety of fascinating industries. Industrial hemp has all the ingredients of an oddball, polarizing and intriguing product which needs its place on the highways. With the industrial hemp market poised to reach $13.03 So, you don’t get “high.”

Shipping 42

Shipping Idaho 3PL Cargo 42