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This Week in Logistics News (May 21 – 27)

Logistics Viewpoints

North American Transborder Freight up 23.8% Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. billion of freight, up 15.7% billion of freight, up 20.9%

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The State of the Trucking Market in 2021

GlobalTranz

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? High freight volumes across all industries in the trucking market are expected to continue into 2022.? Download the White Paper: Over the Road Freight Management Trends.

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Supply Chain Market Report – July 2022

Elementum

Welcome to Elementum’s Supply Chain Market Report. Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks.

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Flexport Acquires Convoy’s Core Technology

Supply Chain Matters

After reports last week indicating that Seattle based digital freight start-up services provider Convoy was preparing for a possible sale or winding down of business operations there are indications that freight logistics platform provider Flexport will be the acquirer of Convoy’s underlying technology.

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Supply Chains in Recovery Mode: Forcing C-Level Focus on Digitally Transforming Their Supply Chains for 2022 and Beyond

BlueYonder

Brief highlights of logistics investments over the last three decades. Those logistics professionals who went through the ‘90s remember the period that warehouse automation was trending at the forefront of capital investment in supply chains. Globally, logistics professionals are navigating their companies through the challenges.

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E-commerce Boom Demands Changes to the Logistics Industry

20Cube Logistics

It’s odd to imagine that only three years ago most people made purchases in store. As e-commerce sales soar, there is more responsibility for logistics and supply chains. Consumers want a seamless returns experience, which demands for smarter reverse logistics processes. Between 15%-40% of e-commerce purchases are returned.

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New Year, New Horizons: Transportation Industry Gets Ready to Take On 2023

Intelligent Audit

As the transportation industry waves goodbye (and good riddance) to 2022, innovative logistics professionals are already working hard to make 2023 a banner year for the global transportation industry. As ocean rates continue to plummet, shippers are increasingly diverting freight from air cargo lines to more affordable ocean transportation.