Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. Today, there are many top 3PL warehousing companies that handle warehousing, fulfillment, logistics and distribution services for companies of all sizes.

Will rising warehouse and inventory costs feed trucking demand?

The Supply Chain Journal

Chart of the Week: Logistics Managers Index – Inventory Levels, Warehouse Capacity SONAR : LMI.INVC, LMI.WHCP. Inventory costs are growing at the fastest rate in years while warehouse capacity continues to shrink at a near record pace, according to the Logistics Managers Index (LMI).

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Will rising warehouse and inventory costs feed trucking demand?

The Supply Chain Journal

Chart of the Week: Logistics Managers Index – Inventory Levels, Warehouse Capacity SONAR : LMI.INVC, LMI.WHCP. Inventory costs are growing at the fastest rate in years while warehouse capacity continues to shrink at a near record pace, according to the Logistics Managers Index (LMI).

2021 Logistics Outlook: Truckload Freight Market Forecast

GlobalTranz

During the second half of the year, consumers shifted their spending from in-store to buying online, and sellers had to adjust their warehousing and fulfillment networks. Consumer Spending Shifts Will Continue To Impact The Truckload Freight Market. Contract consistent freight volume.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

By contrast, the third-party logistics model is where a manufacturer retains oversight of its supply chain but outsources such processes as warehousing, shipping, packing, and distribution to a 3PL provider. Unloading of local freight and de-stuffing and palletising of international freight.

50 expert warehouse optimization tips and techniques

6 River Systems

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. “Warehouse optimization starts with an efficient layout. Upgrade your warehouse equipment.

Technology Is The Key To Supply Chain Orchestration

Gravity Supply Chain

It’s not just the supply chain! Entire logistics networks, manufacturing bases, and workers face a multitude of unprecedented disruption challenges.

Local Sourcing, Global Supply Chain

BluJay Solutions

The recent announcement by Google-owned Motorola Mobility that all new Moto X smartphones sold in the US will be manufactured in Texas, highlights the continued importance of the global supply chain and role of freight forwarders and logistics services providers (LSPs) in successful local sourcing strategies. The post Local Sourcing, Global Supply Chain appeared first on Kewill Corporate.

Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. This blog post doesn’t aim to be the ultimate guide to sourcing goods from China. I like to start with a broad-based search at Alibaba and Global Sources. Introduction.

Finding Expedited Freight Solutions for CPG Shippers’ Critical Moves

Zipline Logistics

If you have an order that needs to get to its destination in a hurry, expedited freight options could be your best choice for delivery. Though often a result of an unexpected need, there is still a way to control costs and ensure quality performance when arranging expedited freight services.

Cargo 52

Fed up with cargo congestion, freight forwarders flee O’Hare airport

The Supply Chain Journal

There is so much cargo piling up at O’Hare that airline-handling agents for the first time in memory are actually renting warehouses in surrounding townships to hold the overflow until it can be sorted for customer pickup, local trucking and logistics professionals say.

Cargo 83

Stealing your own freight: O’Hare cargo delays force drastic measures

The Supply Chain Journal

Freight management companies say backlogs are so severe that warehouses are storing rows and rows of containers in parking lots and that it can take up to 10 days to retrieve a shipment. The situation is so bad that one 3PL is essentially orchestrating heists of its own freight. “We

Cargo 83

Discount duress: Dollar Tree says high freight costs will dent earnings

The Supply Chain Journal

Discount chain Dollar Tree reeled in its outlook for fiscal 2021, citing escalating freight costs as the reason. The update assumes an additional freight spend of $185 million to $200 million (60 cents to 65 cents per share) above the prior forecast issued at the end of May.

Insights for Developing, Executing, and Monitoring your Parcel Freight to Meet Demand

CH Robinson Logistics

Customers now expect reliability, speed, and convenience in their small parcel delivery experience and a company’s ability to meet those expectations can even be a source of differentiation. Recognize freight market conditions and current consumer expectations.

23 warehouse pros reveal the best ways for warehouses to control & reduce fulfillment costs

6 River Systems

Every warehouse strives for efficient order fulfillment. There are many factors that can impact costs, from warehouse replenishment practices to the warehouse equipment deployed to support the fulfillment process. ” Meet Our Panel of Warehouse Pros: Nate Masterson. Read on to learn more about the best strategies to control and reduce your warehouse fulfillment costs. 1) Warehousing space and inventory control. Warehouse Efficiency

5 Ways Real-Time Freight Analytics Create Competitive Advantages

Turvo

One of the most significant challenges the shipping industry faces is related to real-time freight analytics. ” Using real-time freight analytics effectively can be a game-changer for companies. That means real-time freight analytics must continue from start to finish.

What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. “Logistics” and “Freight” both conjure up imagery associated with the movement and transportation of goods whether by truck, car, rail, ocean liner or any other form of transportation. What is Freight Management? But what activities are thus considered to be a part of Freight Management?

Freight Market Update and Q2 Trucking Outlook

Zipline Logistics

Following an unprecedented downturn, the freight market has posted an almost full calendar year of impressive growth spurred by demand from a few sectors of the domestic economy. What to Expect in the Q2 Freight Market . Buying Trends Still Shaping the Q2 Freight Market and Beyond.

50 expert tips on improving warehouse efficiency & productivity

6 River Systems

Most warehouses are on an ongoing mission to maximize productivity by optimizing workflows, automating processes and reducing waste (both time and resources). Warehouses are complex operations with many moving parts and functions happening simultaneously, so while there are plenty of areas to improve productivity, it’s not always easy to determine where your efforts will pay off. More than 50% of your warehouse labor is in pick and pack, so start there.

The Pallet Supply Chain and Lumber Price Impacts!

Supply Chain Game Changer

One of my first professional jobs was in Warehouse Space Planning and Warehouse Management. You can’t go through a warehouse without seeing pallets. Source: Mallard Manufacturing. Freight and Logistics Supply Chain Management Warehouse Management Pallet Supply Chai

Optimize Your Freight Spend Without Negotiation

Talking Logistics

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . We do strategic carrier sourcing and contract negotiation, but it isn’t always time to renegotiate your contracts.

Addressing Labor Shortages in Warehouse and DC Operations

NC State SCRC

The shortage of workers is causing companies to look at non-traditional sources, including individual with a criminal record. Freight rates are on the rise, and there are signs that the shortage are unlikely to abate. Many other jobs such as Material Handler, pickers, and other general warehouse position are bretween $12,00-$14,000, with fork life operators making up to $16 range. Once we hire them, keeping them in the warehouse is a whole other issue!

DC 40

Amazon Supply Chain Innovation Continues

Logistics Viewpoints

In the article, he wrote about Amazon Relay, the acquisition of Whole Foods, Amazon the carrier, and the expansion of its warehousing capabilities. According to sources, the incubator is not about tackling the challenges of today’s capacity crunch. Amazon Warehousing.

The Supply Chain Detective™ and the Distribution Centre Disaster!

Supply Chain Game Changer

Much of the product was sourced from vendors all over the world, most significantly from Asia, where the company had absolutely zero experience in sourcing, supplier management, or logistics. I started walking up and down the warehouse aisles row by row to see for myself.

How Collaborative Transportation Management Provides Access to More Freight Capacity

Turvo

For many freight and trucking companies, especially in today’s fluctuating markets, they need the right technology that enables efficient workflows. Here are some of the benefits a single solution yields for shippers and supply chain partners: Reduced freight expenses and improved ROI.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products. The 7 Core Competencies for Optimal Global Transportation and Freight Spend Management. Automated Freight RFQ (Request for Quote) and Contract Management.

Illustrating 5 Levels of Freight Visibility

Freight Plus

Illustrating 5 Levels of Freight Visibility . Steve Aborn, freight visibility expert, illustrates the five levels of freight visibility. Laptops and computers are the source of information and the way we spread files. That is all for freight visibility for today!

Illustrating 5 Levels of Freight Visibility

Freight Plus

Illustrating 5 Levels of Freight Visibility . Steve Aborn, freight visibility expert, illustrates the five levels of freight visibility. Laptops and computers are the source of information and the way we spread files. That is all for freight visibility for today!

Blockchain in freight forwarding – Is it the next big thing?

20Cube Logistics

Well, with so much complexity, one would certainly require a reliable and transparent source to carry such enormous data and activities. Basically, blockchain is a record-keeping mechanism which makes business easy and safe on the internet by increasing transparency and providing end-to-end visibility from order to warehousing to delivery to payment. How will blockchain impact freight forwarding? The post Blockchain in freight forwarding – Is it the next big thing?

The Supply Chain Detective™ and the Distribution Center Disaster!

Supply Chain Game Changer

Much of the product was sourced from vendors all over the world, most significantly from Asia, where the company had absolutely zero experience in sourcing, supplier management, or logistics. I drove over to the Distribution Centre, saw the enormous backup of tractor trailers waiting to get to the docks, talked with the DC leader, and then headed out to the warehouse floor. I started walking up and down the warehouse aisles row by row to see for myself. Subscribe Here!

Near-Shoring Trend a Cause for Celebration and Concern for Logistics Service Providers (LSPs) & Air Carriers

BluJay Solutions

Positive growth in air freight volumes reported recently by IATA (4.5% Indeed for many IATA members whose operations largely center around air cargo, near-shoring is cause for concern, with manufacturing shifting closed to ‘home’ a risk to the sustainability of air freight volumes longer term. . Or is near-shoring in 2014 and beyond simply the latest evolution in sourcing practices? .

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How Strong tradelane focused freight forwarders can benefit you

20Cube Logistics

Why Trade Lanes Affect Freight Forwarding Prices. In the freight forwarding industry, this classification explains how a shipment will travel from its source to the destination. Our variety of trade lanes allows our clients ease of scalability and freight forwarding efficiency.

6 Trends Affecting Inbound Freight Management!

Supply Chain Game Changer

Successful inbound freight management depends on a strong logistics management program. Shippers need to have a robust set of controls in place, a high-quality inbound freight routing guide , automated tracking technology, reporting capabilities, and much more. Shippers need to understand the trends throughout the industry affecting inbound freight management and how to plan accordingly. Congress Will Affect Successful Inbound Freight Management. Subscribe Here!

The Future of Distribution!

Supply Chain Game Changer

Featuring Our 10 Best Warehouse Order Fulfillment Articles! Processes such as shipping, warehousing, purchasing, and selling can change very quickly. RFID tags are already used in warehouses, on assembly lines, and in retail. Automated Warehouses. Subscribe Here!

Freight and Logistics – Breaking the Traffic Jam that is your Supply Chain!

Supply Chain Game Changer

And if necessary you may want to dual source some of your supply with more than one supplier. Similarly an integrated Order Management System, Shop Floor Control System and Warehouse Management System are critical capabilities to provide you with that visibility. Check out Freight and Logistics (Part 4) – Do You Have Hidden Freight Costs? . Freight #Logistics #SupplyChain #SCM #Distribution #Transportation. Subscribe Here! Email Address.