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2023 Truckload Freight Market Report

BR Williams Supply Chain Management

It has been a couple of years since TK Bardwell and I partnered to publish an industry report. We would like to share some insights on the general economy and freight market specifically with you: our customers, employees, business partners and community. A Preface (from our CEO ) Happy New Year 2023!!!

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Back to Logistics Tech School, 2022: the Lost Peak Season, the lingering COVID impact and more

Freightos

The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages.

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Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Inventory Management. Regardless of how efficient and effective, all supply chains carry inventory. Procurement. Contract Review.

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Shipping Less-Than-Truckload Freight in E-Commerce: Shipping Online Is More Than Just Parcel Shipments

GlobalTranz

According to Logistics Management, more parcel carriers are moving heavier parcel shipments to less-than-truckload freight in e-commerce because they’re overwhelmed. This creates a wonderful opportunity for shippers to eliminate the middleman costs by considering the use of less-than-truckload freight options for e-commerce.

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This Week in Logistics News (September 30 – October 6)

Logistics Viewpoints

For example, in June 2021, Washington Prime Group, a shopping mall real estate company that owns 102 locations around the US filed for Chapter 11 bankruptcy protection, leaving space for e-commerce firms to potentially move their inventory and fulfillment operations in.

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Q3 2021 Trucking Trends and Freight Market Update

Zipline Logistics

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. And when you add in the current labor and commodity shortages along with an inflationary environment, it is apparent why freight rates have been steadily climbing. increase from the previous period.

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Retail Returns: The Key to Driving Business Growth

ToolsGroup

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 54% of buyers report that free returns or exchanges are the second biggest factor in determining if they will be returning shoppers. 83% of consumers with a household income of over $100,000 report that returns are important.

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