Remove Conference Remove Freight Remove Procurement Analytics Remove Shipping
article thumbnail

Walmart Lowers their Shipping Requirements, but their Suppliers Still Struggle

Logistics Viewpoints

Walmart’s On-Time In-Full initiative is a compliance measure designed to ensure that freight arrives at a Walmart store or distribution center when it was supposed to, in the quantities expected. Walmart fines suppliers whose goods arrive late or who have not shipped everything that they committed to ship.

Shipping 243
article thumbnail

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

Logistics Viewpoints

The jobs reduction will save $1 billion this year, Tomé said on an earnings conference call with analysts on Tuesday. Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. While I like his optimism, I’ll believe it when I see it. percent in early U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. In fact, global freight rates have increased tenfold since the start of the pandemic.

article thumbnail

This Week in Logistics News (November 13 – 19)

Logistics Viewpoints

Container shipping rates could raise import prices by 11%. Merchants Fleet to purchase 18,000 BrightDrop Electric Vehicles. Port of LA reports another 900,000+ TEU Month, backlog decline. As of November 18, the Port of LA reported 36 container vessels at anchor/drifting. And now on to this week’s logistics news.

article thumbnail

This Week in Logistics News (December 10 – 16)

Logistics Viewpoints

This was certainly another strange year, but the in-person conferences I usually look forward to were a mixed bag this year. I attended my first in-person conferences and attended a number of virtual ones as well. Forecasts call for freight rate slumps in 2023. As hard as it is to believe, another year is coming to an end.

article thumbnail

This Week in Logistics News (February 25 – March 4)

Logistics Viewpoints

We have certainly seen more focus on women in supply chain over the last few years, and nearly every conference that I attend has tracks dedicated to women in supply chain. According to a recent report, the company canceled, closed, or delayed 99 fulfillment facilities, impacting nearly 32.3 FedEx Express moves an average of 6.3

article thumbnail

9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL

GlobalTranz

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure. 3PL/SLA Skills/Knowledge.

KPI 120