Remove 2027 Remove Freight Remove Procurement Analytics Remove Transportation
article thumbnail

Supply Chain Matters News Capsule Update September 18 2023

Supply Chain Matters

Last week, the industry publication Aviation Week published its report, Pratt GTF Repair Plan Jolts Beleaguered Airline Industry. Specifically noted in the report: “ The effect on the airline industry will be profound.” Reportedly the news of a far broader inspection program caught most airline providers by surprise.

article thumbnail

The Better Goal: More Fuel Efficient Trucks or Using Fewer Trucks?

Talking Logistics

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 billion barrels over the lifetime of the vehicles sold under the program. I’ve highlighted other case studies over the years.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Prior to Covid-19, 45% of consumers never considered the supply chain when making purchases. McKinsey ).

article thumbnail

Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

Transportation activities (aviation, rail, shipping, heavy and light trucking) are responsible for approximately 17% of global greenhouse gas (GHG) emissions. – Boston Consulting Group, Climate Action Pays Off in Transportation and Logistics, July 2020. – Statista, 4PL market size from 2018-2027, Jun 2020.

article thumbnail

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. It is predicted to reach $78,981.5 million USD by 2027, growing at a CAGR of 4.5 million USD in 2019.

article thumbnail

Tentative Deal Reached in UPS Labor Contract

Supply Chain Matters

That compares to a reported starting rate of $15.50 Added safety and health protections, to include vehicle air conditioning and cargo ventilation in all larger delivery vehicles, sprinter vans, and package cars purchased after Jan. more per hour in 2023, and $7.50 more per hour over the length of the five year contract.

article thumbnail

The 10 inventory management trends to watch for in 2022

Unleashed

Inventory analytics goes mainstream. Accurately plotting costs based on live data. Improving efficiencies with data analytics. Connect IoT tech to your cloud software to input critical real-time data to analytics and other business systems. This means faster shipping times, and lower transport costs.