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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. A factory in Suzhou was the company’s main manufacturing site for its semiconductor test equipment, which it subcontracted to Flextronics.

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Truckload Market Trends to Watch in 2022

GlobalTranz

Last year, truck capacity demand reached historic highs due to a combination of factors, including ongoing equipment and labor shortages. The ongoing driver shortage will continue to contribute to rate volatility as carriers seek to secure capacity. Shippers are in a competition for capacity.

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This Week in Supply Chain News (February 19 – 23)

Logistics Viewpoints

On March 21, 1864, an ancestor of Biden got in a knife fight with another man in a Union military encampment. Infor, because of Infor Nexus transportation and visibility solution, has excellent data on global shipping. Currently, just 12 percent of chips are made in the United States, with the bulk manufactured in Asia.

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Taking the “Ouch” Out of Transportation Costs

Talking Logistics

And this global trip isn’t just for sightseeing – leading companies find that a diversified sourcing base and far-flung manufacturing can help cut production costs, increasing the bottom line. However, the biggest pain point for these global supply chains is the one that seems inescapable – transportation costs.

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The impact of regional instabilities on the Global Supply Chain and how ERP can help

SYSPRO Smarter ERP

Just as manufacturers and distributors were starting to climb out of the ‘COVID hole’, they’ve been knocked back in. Now, the greatest risk they face has shifted to the regional instabilities due to military conflict and the geopolitical and economic uncertainties it has created.

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What is Logistics Exactly?

Supply Chain Game Changer

Investopedia defines it as “the overall process of managing how resources are acquired, stored, and transported to their final destination.” Historically the term Logistics was created and used in reference to the Military. In healthcare logistics has been on display for everyone to see during the pandemic.

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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

Ukraine does not have the military might to stop the invasion. Given low inventories and dwindling spare capacity, the oil market cannot afford large supply disruptions,” said UBS analyst Giovanni Staunovo in a Reuters article. But in terms of transportation, the impacts won’t just be on fuel prices.