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Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier. In fact, global freight rates have increased tenfold since the start of the pandemic. And this was before the Russian invasion of Ukraine began.

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

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Deloitte ). Wall Street Journal ). Automotive News Europe ).

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Five Advanced Technologies That Are Revolutionizing Logistics

Logistics Viewpoints

For logistics teams seeking to manage volatility and deliver more predictable, profitable results, five advanced technologies should be in their toolkits: digital control towers, warehouse task automation, warehouse robotics, dynamic price discovery and digital freight bidding. billion by 2030 — an annual growth rate of 13.2%.

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Logistics Imperatives to Manage Uncertainty and Disruptions in 2022: Part 2

BlueYonder

For example, Traxion, Mexico’s largest logistics provider, brokers services and optimizes loads, capacity, freight and routes via an AI-enabled optimization engine that gathers real-time data and autonomously makes the best decision on the fly, without human intervention. According to the U.S.

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50 expert tips on logistics planning and strategy

6 River Systems

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. ” — 7 Metrics You Need to Streamline Your Warehousing Processes , Aero Fulfillment; Twitter: @AeroFulfillment.

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Three Logistics Imperatives for Managing Uncertainty in 2022

Logistics Viewpoints

For example, Traxion, Mexico’s largest logistics provider, brokers services and optimizes loads, capacity, freight and routes via an AI-enabled optimization engine that gathers real-time data and autonomously makes the best decision on the fly, without human intervention.