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The Warehouse Execution System: A New Competitive Imperative

Logistics Viewpoints

Companies annually spend about $325 billion on warehousing — and 85% of that cost goes to operating expenses that include labor, space and equipment. The rise of e-commerce has led to higher volumes of smaller orders that need to be fulfilled and shipped individually. billion in 2029 , reflecting an average annual growth rate of 14.3%.

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The Journey to Becoming a U.S. Customs Broker

3PL Insights

They submit the necessary documents and information on behalf of companies to facilitate the clearance of goods into and out of the country. Shipping companies can also hire customs brokers so that their business can become a customs brokerage. What is the Outlook for a Customs Broker?

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Green trucking trend picks up speed

Resilinc

Like logistics and shipping automation , this trend is still in its early days, but it’s worthwhile taking a look at what’s coming down the pike, so to speak. The rulemaking is expected to take three years and wouldn’t affect truck sales until 2029 or 2030. According to industry data , trucks hauled 72.5% MPG gains won’t be enough.

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AI in the Food Industry: Case Studies, Challenges & Future Trends

ThroughPut

billion by 2029. Enhance Food Safety & Quality AI is helping food companies become compliant and transparent. AI powers predictive analytics where trends, preferences and purchasing behaviors are analyzed in-depth that help companies store the right product mix. billion in 2024. That’s definitely good news.

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RS Group releases report on its activities and strategy for Environmental, Social and Governance

Synovos

It has also reduced its Scope 3 transportation emissions intensity by 28% since 2019/20, thereby achieving its 2029/30 goal seven years early. This has been made possible through modal shifts from air to sea or air to road and optimizing its supply chain to source, store and ship more products locally.

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The Insider’s Guide to Choosing the Best Inventory Management Software for Your Business

RFgen

While manual inventory management is prone to cost-draining errors, mobile inventory solutions have been found to help companies achieve 99.9% billion by 2029. E-commerce, on the other hand, will often focus on maintaining the right amount of inventory in a store or warehouse to ship to customers around the clock.