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

Logistics Viewpoints

Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. 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. Retailers estimate 13.7

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The Importance of a Strong Supply Chain and Logistics Strategy!

Supply Chain Game Changer

A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping. Smart logistics strategies can reduce wastage and improve operational costs. Subscribe Here! Email Address.

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7 Ways Businesses Can Manage Supply Chain Shortages in 2021

ToolsGroup

Much of the world is clamoring for finished products from their usual suppliers; but dwindling cargo space, skyrocketing transportation costs, and component delays make it difficult to keep shelves stocked. 7 practical strategies to minimize risk and manage supply chain shortages. Get your product portfolio in shape.

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The State of the Trucking Market in 2021

GlobalTranz

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. Focusing on the?

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Singing the inventory blues

Cathy Roberson

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

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The Importance of Visibility In the Supply Chain

Precoro

On the other hand, a software development company wouldn’t need to purchase raw materials but rather goods – such as hardware – and services, like software subscriptions. Cargo Status Current information about the location and status of cargo is the first pillar of supply chain visibility.

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The Annual State of U.S. Logistics Report – Added Candidness and Need for More Synchronization

Supply Chain Matters

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.