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The State of the Trucking Market in 2021

GlobalTranz

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. Limited available real estate has further led to challenges as construction came to a halt in the past year.?

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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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What is GMROI, and What Does it Mean for Your Retail Inventory?

ShipBob

That’s why you need to closely measure metrics such as gross margin return on investment (GMROI). Specifically, GMROI measures how much profit you generate from every dollar you invest in your inventory purchases. This metric doesn’t just account for the cost of buying inventory.

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

BlueYonder

Focus on warehouse automation has come full circle since the last big automation movement of the ‘90s, but today with a significantly better set of tools and technological improvements enabling more robust digital transformation and warehouse automation. Investments in Transportation solutions is imperative.

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This Week in Logistics News (November 27 – December 3)

Logistics Viewpoints

According to the annual survey by the National Retail Federation (NRF) and Prosper Insights & Analytics, nearly 180 million Americans shopped during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday. billion more tons of freight than they do currently. million from 145.4 million last year.

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

Intelligent Audit

As FreightWaves reports, “UPS has informed its managers not to schedule any paid time off during July and August in case parcels are required to be moved.”. To help shippers save on costs in an increasingly expensive reverse logistics marketplace, FedEx has announced plans to launch a consolidated returns service. percent. ”.

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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. Between 15%-40% of e-commerce purchases are returned. These demands bring the need for changes in e-commerce freight forwarding, such as: Ability to process more inventory. Cost reduction. smarter solutions are needed.