Logistics Viewpoints

DECEMBER 16, 2022

Forecasts call for freight rate slumps in 2023. Freight rates on sea, air, and highway routes are on track to drop from their pandemic highpoints during 2023, according to a trio of forecasts released this week. On the water, ocean freight carriers set exceptionally high container rates during 2022.

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Supply Chain Matters

FEBRUARY 23, 2023

Supply Chain Matters highlights the increasing realities of declining global trade and freight rates that are occurring in the first-half of 2023. Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. Earlier this month, the forecast was revised to an expected 2.5

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Supply Chain Matters

SEPTEMBER 6, 2022

Supply Chain Matters once again highlights some positive news for global supply chain management teams, specifically transportation and logistics related teams. The report’s cited data from the Freightos Baltic Index indicates that shipment of a 40-foot container from China to the U.S. Added Perspectives.

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Logistics Viewpoints

FEBRUARY 2, 2024

percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 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. And now on to this week’s logistics news. The shares fell as much as 7.6

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Logistics Viewpoints

MAY 27, 2022

Dick’s Sporting Goods Beats Forecast in Q1 But Cautions on Inflation, Supply Chain. North American Transborder Freight up 23.8% North American Transborder Freight up 23.8% Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. billion of freight, up 15.7%

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Elementum

AUGUST 29, 2017

Catch up on the effects and forecasts of Tropical Storm Harvey below: EFFECTS. Authorities forecast the winds brought by the storm to reach 185 kph or higher. BNSF Railway reported that widespread flooding is causing major disruptions of service and operations in the Houston region. economies.

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Supply Chain Matters

MAY 10, 2022

Moeller Maersk report of Q1-2022 financial performance provides indications of what multi-industry supply chain management teams can expect for the remainder of 2022 in the area of ocean container transportation. billion increase in ocean transport and an $834 million increase in logistics services. billion, an increase of $6.9

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GlobalTranz

MARCH 17, 2022

There have been fluctuations in demand that have made forecasting feel impossible. And moving materials and products was made difficult, especially at the start of the pandemic, due to closed borders, limited air freight, and driver shortages. The skilled labor shortage also applies to truck drivers, causing issues for transportation.

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AIMMS

OCTOBER 17, 2023

According to a Proxima report “Investing in a Sustainable Supply Chain,” there has been a significant change in the priorities of investors. Efficient inventory management Demand Forecasting: Use demand analytics to predict demand more accurately, thus reducing overstocking or stockouts.

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GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

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Logistics Viewpoints

OCTOBER 31, 2022

ZF offers product and software solutions for established vehicle manufacturers and newly emerging transport and mobility service providers. ZF sends the call-off, along with the forecast, not just to their suppliers, but to their carriers and 3PLs. Then, Mr. Sobeck explained, “we have transport information.”

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ToolsGroup

APRIL 12, 2019

Too many companies get locked into traditional processes and a familiar vicious cycle: unable to reliably forecast an increasing number of SKU combinations, they load up on inventory to accommodate long-tail, erratic demand. It all starts with probability forecasting. percent, etc.,

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Logistics Viewpoints

JANUARY 12, 2024

DHL Group does not operate ships but it uses them to transport containers. On Monday, both Hapag-Lloyd and Maersk said they had not entered agreements with Iranian-backed Houthi militants to prevent their ships from being attacked in the Red Sea going forward, denying a report in a trade portal. percent from November and up 9.2

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Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. The April report commentary took note that European and U.S.

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Zipline Logistics

JUNE 8, 2021

As demand for freight services continues to mount, the supply side is having difficulty meeting the needs of shippers. This imbalance has left CPG brands feeling the pinch as more volume enters the freight market than can be reasonably transported. However, a driver shortage is nothing new to the freight market.

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Intelligent Audit

NOVEMBER 3, 2022

On the transportation end of supply chains, shippers adapt to the transportation needs at any given time to ensure this part of the supply chain continues as well as possible. This is why transportation network optimization is important. What Is Transportation Network Optimization?

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GlobalTranz

JULY 10, 2015

On June 23, 2015, the Council of Supply Chain Management Professionals ( CSCMP ) released the “State of Logistics Report,” which happens to be in its 26 th year. For members of the CSCMP , the cost of the report is free, but it stands out at $295.00 The transportation sector of the logistics industry grew by 3.6 percent in 2014.

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Supply Chain Matters

NOVEMBER 7, 2023

The invention of the ocean container as a means for inter-modal sea and surface transportation movements have orchestrated the march toward lowest cost global based sourcing of components and materials. The net result was that global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022.

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ToolsGroup

AUGUST 1, 2022

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. Another NRF report showed that online sales comprised 23% of all retail sales in 2021.

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Logility

JANUARY 12, 2021

There are many ways to view data, but those that are particularly useful in supply chain analytics are reporting, score carding, dashboarding and benchmarking. Reporting and Score carding. The simplest form of looking at data is the all-too-familiar reporting. Take freight rates, for example. Benchmarking.

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Talking Logistics

OCTOBER 9, 2018

More than a year into a freight capacity crisis that shows little sign of weakening, it’s time for all parties involved in logistics and freight transportation to meet this issue head on. Freight Capacity Crisis: How Did We Get Here So Quickly? That’s assuming there are no major economic events.

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Supply Chain Matters

DECEMBER 28, 2023

An initial estimate of this year’s retail holiday spending indicates a mixed bag, depending on either retail industry, consumer goods producer or logistics and transportation industry perspectives. As a point of reference, in September, Mastercard had forecasted an anticipated 3.7 percent increase reported for 2022 and an 8.5

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Talking Logistics

SEPTEMBER 6, 2016

Managed transportation service providers work to deliver transportation solutions to maximize service at the lowest cost through people, process, and technology. The process involves investigating the current transportation activities and engaging in new opportunities for cost-savings while optimizing service levels.

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ShipBob

JANUARY 6, 2023

That’s where transportation management systems, or TMS, comes in. In this post, we’ll take a closer look at what a transportation management system is, why it’s important, and how you can choose a provider. What is a transportation management system (TMS)? Transportation management systems can perform a variety of functions.

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Freight Plus

DECEMBER 19, 2018

The report’s author, Donald Broughton, noted that this was “still very impressive given the tougher comparison.”. With 11 out of 12 months of the year reported, the Cass report indicates that the realized contract pricing forecast for 2018 of 6 – 12% is “essentially in the books.”. According to a report by.

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GlobalTranz

AUGUST 10, 2015

As we round out the 5 categories, we come to the place of our expertise: Freight and Transportation Management. As a third party logistics provider squarely focused on freight and transportation management, we also understand that if we only talk about those two categories, we are not thinking well rounded enough.

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GlobalTranz

MAY 24, 2016

However, the needs of the modern shipping industry have reached an optimal point, and the only way to further push the envelope is by using a dedicated transportation management system (TMS). Freight Consolidation. Simplifies Reporting to Stakeholders. The Ideal TMS Helps Complete Warehouse Management. Reduced Training Costs.

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Material Handling & Logistics

JUNE 19, 2018

The report identifies several concepts that look to have high impact across the next decade: uberization of freight; blockchain; fully autonomous trucks; artificial intelligence applications; truck platooning; electric vehicle fleets; autonomous mobile robots; and drone and unmanned aerial vehicle delivery systems. trillion, or 7.7%

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GlobalTranz

JANUARY 27, 2017

Predictions for transportation management in 2016 highlighted growing stress and concern. The electronic logging devices (ELD) mandate, which some thought might be repealed or delayed further, was only reiterated with a set compliance date of December 18, 2017, reports the Federal Motor Carrier Safety Administration ( FMCSA ).

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GlobalTranz

FEBRUARY 20, 2015

As a freight broker , you know the importance of staying ahead of trends in your business. 2014 was a dynamic year for shipping and freight, and 2015 might present us with some surprising changes as well. One month in, here are our predictions for freight brokers in 2015: Manufacturing Comes Home.

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Logistics Viewpoints

MARCH 6, 2023

Mr. Herrin viewed the fact that he would report to the CFO as a good sign, a sign that GEON was interested in making decisions that were financially sound. For example, while GEON has over 2000 customers, initially they are manually building forecasts for 600 customers and 1200 ship-to locations. Service levels are 5 to 20% higher.

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QAD

NOVEMBER 17, 2022

Consumers may not be aware, but manufacturers and distributors know all too well the immense volume of American manufactured and distributed goods that depend on rail transportation in all vertical industries, from industrial, chemical and high-tech to food and beverage and automotive, among others. economy up to $2 billion a day.

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CH Robinson Transportfolio

MAY 17, 2021

webinar, we provided an in-depth analysis of current supply and demand trends in the North American freight market. This included our forecast of future market conditions, explanations of how the latest market changes impact supply chains, and answers to your most pressing questions. During last week’s Market Insights Live!

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GlobalTranz

APRIL 14, 2017

Transportation management systems ( TMSs ) are not a new concept, but where they are hosted now, in the cloud, is still new to the shipping industry. Historically, TMSs were out of reach for companies moving less than $100 million in freight , but cloud-based systems give everyone a fair chance at the best rates.

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Supply Chain Matters

NOVEMBER 14, 2023

This particular update includes reports of additional production worker wage hikes among certain global automakers along with reinforcement data that this year’s holiday seasonal hiring levels are at a ten year low. This report cites data from the U.S. Hyundai Motor America announced this week that the automaker will raise certain U.S.

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GlobalTranz

NOVEMBER 8, 2018

E-commerce spending will surpass $4 trillion annually by 2020, reports eFulfilmentService, accounting for approximately 15 percent of total global retail spending. Lackluster insight into freight spend and poor freight management controls. Modes of transportation used in terms of costs and delays associated with each.

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Zipline Logistics

DECEMBER 22, 2020

But with freight conditions like those we have seen throughout most of 2020, building in additional lead time is an even more essential piece of your logistics operational puzzle. percent reporting LTL transit times had been extended by one or two days, and another 16.4 On-time freight performance also increased to 99.27%.

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