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And now on to this week’s logistics news. customers $10 to pick up a purchase rather than have it shipped to a home address, as the e-commerce giant joins other retailers in racing to slash costs for home delivery and returns amid slack consumer demand. The company is offering U.S. UPS will add 2.3
And now on to this week’s logistics news. Walmart+ costs $98 per year, or $12.95 It includes free shipping of online purchases, free grocery deliveries to the home for orders of at least $35, prescription discounts and other benefits. The post This Week in Logistics News (April 23 – 29) appeared first on Logistics Viewpoints.
Last week I saw a news headline from the Washington Post stating Michael Burry’s ‘Bullwhip’ Tweet Deserves Serious Attention. The post Inflation in 2022: Is the Bullwhip Effect to Blame for Retail Inventory Glut appeared first on Logistics Viewpoints. Conclusion: Whiplash not Bullwhip Effect.
We will delve into what will set third-party logistics providers apart in the coming year, and what to expect as e-commerce continues to merge with brick-and-mortar retail. We will turn over each stone and consider how innovative technology will shape the future of shipping and logistics. This is before costs calculated for overtime.
Moving on, here’s the supply chain and logistics news that caught my attention this week: Trucking Stocks Tumble on Downgrade, Pricing Outlook (WSJ- sub. Descartes Showcases Logistics Technology Platform Innovations at Global User and Partner Conference. MercuryGate Launches Global, Omni-modal Freight Procurement Solution.
While multi-industry logistics, transportation and customer fulfilment teams might have languished with a sigh of relief, they are likely to be aware that this new contract is not a done deal yet. Some industry reports point out reluctance to route January 2025 import volume via east coast ports because of ongoing uncertainty.
Still Foggy at the Top – What the New LogisticsReport Means for the Rest of Us For all the hope around trucking bouncing back, the new CSCMP “State of LogisticsReport” just affirmed what most small carriers already feel: Things are still off. trillion on logistics last year. That’s 8.7% Prices could move again.
Cass Freight Index Report for December 2014. I began by making the case that companies — at least those that are forward-thinking — no longer view logistics as just a cost center. an alcohol-delivery startup operating in Washington. . Paragon acquires majority share in Axida. and 12-packs of cans for $10.99.
Logistics providers know their job isn’t complete until every foot of the last mile is covered. Edwin Jiang notes, “Today, the last mile remains both the most challenging and costly segment of the journey, accounting for nearly 50 percent of the total cost of delivery. There are 5,280 feet in a mile. ”[2].
Industry supply chains experienced unprecedented and sudden changes in pandemic related product demand coupled with nonstop production, transportation and logistics delays. With so many having to work from home during the ongoing Covid-19 pandemic, consumers upped their purchases of in-home fitness equipment.
Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Even Amazon used third-party logistics companies when the company first started, until reaching sufficient scale to have a logistics arm of its own.
from Washington University St. After 12 years as an Air Force logistics officer, Michael got his PhD in a top 5 logistics program, and now teaches supply chain management and marketing. Logistics and delivery can be handled in a very optimized way with the help of automated solutions using data and information.
Right now, the industry cannot rely on historical data, so the value of real-time data and analytics has never been more important to help companies pivot and adapt.” One consumer trend that won’t change is the increased use of the digital path to purchase. ” The Washington Post, 3 February 2022. [4]
“According to some reports I have seen,” he writes, “Americans spend more than $1 billion on the 50+ million turkeys they will consume.” Their concern is not just the number of turkeys that will be purchased, but the size of turkeys that will be purchased as well. Department of Agriculture.”
A National Retail Federation report found that 92% of companies surveyed had been a victim of organized retail crime in the past year. The report found that 92% of companies surveyed had been a victim of ORC in the past year and that 71% said ORC incidents were increasing. Return Fraud Continues to Post a Threat to Retailers.
– September 9, 2015 – XPO Logistics, Inc. (“XPO Logistics” or “XPO”) (NYSE: XPO) and Con-way Inc. (“Con-way”) (NYSE: CNW) today announced that they have entered into a definitive agreement for XPO Logistics to acquire Con-way. GREENWICH, Conn. and ANN ARBOR, Mich.
With retailers bursting at the seams with school supplies, the average consumer has shifted their purchasing habits from pleasure to purpose. Last Mile Services Get a Facelift with Logistics Startup Veho. While innovators have revolutionized many steps, the evolution of tech has made little impact on last-mile and reverse logistics.
This collaboration helps carriers plan capacity needs, temporary seasonal labor requirements, third-party transportation purchases, and more down to the zip code level. The offering allows the merged company to reach 74% of the US population across 30 states and Washington DC, according to a blog post announcing the launch.
There’s zero transparency from the White House about how they’re allocating critical medical supplies, what is being produced, and how much is sent to the private market for purchase.” ” The Act would: Require publicly reported national assessments on a weekly basis to determine national critical equipment supply and requirements.
While they remain a relatively rare sight (except for people who happen to live in Washington, DC, or the San Francisco Bay Area), delivery robots may soon begin to appear on sidewalks throughout the U.S. Thus far, the majority of drone and droid programs have focused on last-mile delivery. begin seeing widespread use. billion).
When they track carbon emissions for each shipment, they can make better decisions on carriers and the best ways to optimize the logistics network to reduce emissions. Annually, container ships contribute approximately one billion metric tons of carbon dioxide. You must report these. These need to be reported.
According to the SAP announcement , at a purchase price of $18.15 The software provider will continue to be led by its existing CEO Zig Serafin and reportedly will remain headquartered in Provo, Utah and Seattle, Washington. in cash per share, the transaction corresponds to a Qualtrics equity value of approximately $12.5
GeekWire said e-commerce retail giant Amazon began using private agents to deliver purchases through its new Flex program in August 2015. Amazon tested Flex to try and find a solution for its massive delivery costs – $1.85 billion in the fourth quarter of 2015. Amazon’s Flex program is still in the testing phase.
GeekWire said e-commerce retail giant Amazon began using private agents to deliver purchases through its new Flex program in August 2015. Amazon tested Flex to try and find a solution for its massive delivery costs – $1.85 billion in the fourth quarter of 2015. Amazon’s Flex program is still in the testing phase.
While they remain a relatively rare sight (except for people who happen to live in Washington, DC, or the San Francisco Bay Area), delivery robots may soon begin to appear on sidewalks throughout the U.S. Thus far, the majority of drone and droid programs have focused on last-mile delivery. begin seeing widespread use. billion).
It also provides predictiveanalytics that can tell the restaurant more about what kind of coffee its customers enjoy and when. And now on to this week’s logistics news. According to recent reports, Walmart has increased the number of digital orders coming from its stores by 170 percent in the last year.
There’s no question that innovative technologies aid in logistics and supply chain management, but when it comes to the many labor-intensive processes that take place in the warehouse, some fear that robots could make human warehouse workers obsolete. But what does that mean for industry employment? It also points to smarter use.
Kroger is closing underperforming stores in Washington and California and blaming the closures on forced hazard pay), there is no doubt those workers have served the public well. 2] If that prediction proves correct, it means many shoppers won’t return to pre-pandemic shopping patterns. That is no longer the case. of total U.S.
The Amazon supply chain, the recent second quarter report shows, spent over $69 billion on fulfillment and shipping activities. This means in addition to being one of the world’s largest retailers, Amazon is also a very large provider of logistics services. Lina Khan was Biden’s choice to lead the Federal Trade Commission.
ushered in the modern supermarket, transforming how people expect to purchase their groceries. There have been many more changes since then, including how products are produced and packaged, how they reach supermarkets, and how the consumer ultimately purchases them.”[1] The post-WWII era in the U.S. That’s number one.”
As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.
Cheap imported tyres can deliver savings for your distribution fleet, but they may not be suitable for retreading, meaning you will need to purchase new tyres more often. Meanwhile, a high-quality tyre, costing more to purchase initially, can see its usable life extended by 50% to 90% with each retread.
“As the logistics industry faces extraordinary pressures, maintaining a culture of compliance is more critical than ever. “Additionally, a review of reporting procedures can act as a safeguard against corruption throughout operations. Maintain a culture of compliance, even in times of crisis.
The logistics around the event were difficult, but again they were different. The same held true for the inauguration party, with only a few musical guests anywhere near Washington. And now on to this week’s logistics news. Vernon, Washington, as well as on public roads. million attendees. That’s all for this week.
The year’s struggles were pervasive and felt by most carriers, but as the year closes it leads us to the question, what is the logistics market outlook for 2020? The question is unfortunately not straightforward nor easy to predict as there are many factors that will influence 2020 freight rates. Trucking Insurance Costs on the Rise.
Acquisition of Cutting-Edge Parts and Logistics Intelligence Platform Brings XSB’s 100M+ Parts and 400M+ Parts Attributes Database In-House to Exiger WASHINGTON, DC. August 7, 2024 – Exiger , the market-leading supply chain and third-party risk AI company, announced the acquisition of logistics intelligence platform XSB.
Several articles and news reports have begun to identify the nature of these critical shortages. Late last week I read the results of a recent University of Washingtonmodeling study , that identified the nature of the shortages that we are likely going to see in the next several weeks. Why did this happen?
Logistics in the city might not be as entertaining as the television show “Sex in the City,” however, topically it’s more important. ” One big stakeholder group she left out is logistics providers. The challenge of urban logistics. As a result, some accommodation must be made for logistics in the city.
The pandemic changed everything and reports (mostly bad) about supply chain operations and challenges are now liberally scattered amongst other news stories. Wong and Steinberg report, “Change in consumer demand is accelerating. ” The Changing Supply Chain Environment. They are: First, consumer demand is changing.
Georgieva said the IMF would provide its assessment of the announced tariffs when it releases an update to its World Economic Outlook during the April 21-26 meetings in Washington, D.C., Another area where AI plays a role is predictiveanalytics and risk mitigation. in global merchandise trade this year.
With corrected vision, here is the supply chain and logistics news that caught my attention this week: Longshoreman Union Leader Stalls Planned Work Shutdown (WSJ – sub. DHL trials city hub trailer for bike delivery (Logistics Manager). So today I need glasses to see far away and I need glasses to see things right in front of me.
Matt Leonard ( @Matt_Lnrd ) reports, “Almost 75% of U.S. In Washington, DC, policy circles, much attention has been paid to areas with a direct impact on defense and national security, such as semiconductors and rare earths. Many firms already dedicate considerable resources to supply chain risk management and data analytics.”
This tech provider recently conducted a customer conference and purposely selected Washington, DC for the venue. The notions of continually changing restricted parties or supplier listings require constant updating of information and automated screening needs applied to material purchases or material movements among countries or regions.
The Wall Street Journal reports that economic activity expanded at a moderate pace across most of the U.S. According to a Federal Reserve report released Wednesday, most U.S. regional districts reported moderate economic growth in late April and early May. Fed’s Beige Book Shows Manufacturing Gearing Up. Alibaba Leads $1.38
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