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3 ways retail warehousing impacts profitability

6 River Systems

With online retail penetration projected to reach 25% by 2026, that means 75,000 stores could be forced out of business by that same year. Limited available warehouse space poses challenges At the same time, the available warehouse space for the logistics sector is tight, with just 7.3% In a survey of 2,500 U.S. What’s more, 72.7%

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Looking Back at Previous Capacity Crunches & How Shippers Responded

GlobalTranz

Also, the driver short has continually grown worse for the last eight years, and it is expected to continue through 2026, asserts Iris Kuo of Trucks.com. After the Great Recession, retailers and manufacturers could negotiate substantially lower freight rates with carriers and logistics providers. Gross of the Journal of Commerce (JOC).

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Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

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. However, emptying the contents of silos into the holds of ships is only one small part of the problem.

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Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

With a digital twin, you could run scenarios to see how a new distribution center would affect your logistical costs, or how fulfilling an order from your warehouse in Pennsylvania would be more efficient than fulfilling from Kansas. This would increase efficiency, lowering inventory and logistics costs while still meeting customer demand.

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Strong Freight Forecast Expected Thru 2026, What It Means for Shippers & 5 Things to Get Prepared

GlobalTranz

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. percent by 2026. Now, you may be wondering how this will affect the overall revenue of the freight and shipping industry.

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What is Last-Mile Tracking and How it Improves Delivery Efficiency

Locus

Watch this webinar to deliver exceptional customer experiences! Watch the Webinar What is last-mile tracking? By handling the visibility requirements of logistics providers and customers, last-mile carrier tracking enables companies to optimize their supply chain and improve customer satisfaction.