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US-Mexico Trade Trends Indicate Nearshoring Has Momentum

Blue Grace Logistics

Wolf | Staff Reporter December 7, 2023 The post-pandemic trend toward nearshoring of trade is on course to finish the year strong despite an earlier slowdown in broader trade activity, a shift experts view as a prelude to longer-term change. But there’s definitely been an increase. READ THE FULL ARTICLE

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5 Money-Saving Tips for Business Owners

Ship Monk

While we could dedicate a whole other article to budgets (stay tuned!), Of course, creating a budget isn’t enough — you have to follow through with it too. It’s no secret that 2020 has drastically altered the way we live and work as a society. Set a Budget… and Keep Track of It. Do you know….

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What is Reverse Logistics?

GlobalTranz

Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. A recent article in Logistics Viewpoints noted that UPS estimated that post-holiday returns were up 23% in 2020. Of course, customers may opt to complete a return in-person.

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Happy New Year: Here’s the 7 things shippers need to know about the Q1 2021 freight market

FLS Transport

It seems most everyone is ready to put 2020 in the rear-view mirror. 2020 will certainly be a footnote in all our lives. It will be one of those times where we say, “well, in 2020…”. And that definitely applies to the freight market. No one could have predicted the 2020 freight market. The 7 Things to Expect in Q1.

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Difference between Maritime, Shipping, Freight, Logistics and Supply Chain

Shipping and Freight Resource

In this article I unpack the difference between Maritime, Shipping, Freight, Logistics and Supply Chain and how it is all connected, starting with some simple definitions of these terms. but will rebound to 3% in 2020. Article reposted with latest statistics updates. Image 1 – Source : World Trade Organisation.

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Inventory Optimisation: How Much Stock is Right for Your Company?

Logistics Bureau

For example, if your cost of goods sold for 2020 was $250,000, and your average inventory on hand was worth $25,000, your inventory turnover ratio would be $250,000/$25,000 = 10, meaning your entire stock of that particular SKU turns over around ten times per year. Many will now take a different stance on inventory optimisation.

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Types of MEWPs: The Complete Guide

Conger

Don't have time to read the whole article? Here's a quick summary of the main points: ANSI changed the rules on aerial lifts in 2020. Now, the purpose of this article is to make you familiar with the new ANSI standards for aerial lifts. And they became effective in 2020. Examples of MEWPs. Quick Summary. Learn More.