MTS Logistics

JANUARY 9, 2023

Frankly, back in July 2022, I thought strongly that it would take until the end of Q1 2023 to see more stability in the U.S. million TEUs, significantly lower than the same months during 2020 and 2021. Will Be Painless in 2023 appeared first on More Than Shipping. supply chain for exports is calming down. exports supply chain.

Negotiating Skills 90

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MTS Logistics

NOVEMBER 28, 2022

in 2023 – all parts of the supply chain are feeling the drastic drop in demand. According to the same WSJ article, “Warehousing and storage companies, which added more than 400,000 jobs in two years through the end of 2021, dropped 20,000 jobs from September to October.”

Supply Chains 82

Supply Chains Industry Price Reduction Logistics 82

Trinity Logistics

MARCH 15, 2024

I certainly do not expect that we will return to freight volumes like we saw in 2021, and part of 2022. shows that spot rates continue their slow rebound from the middle part of 2023. Contract rates throughout much of 2022 and half of 2023, were $0.60 WILL 2024 BE A FREIGHT REBOUND YEAR? Lastly, Figure 1.3 cents per mile higher.

Freight 103

Freight Replenishment Inbound Events 103

MTS Logistics

SEPTEMBER 8, 2023

For example: The global GDP growth rate for 2021 was 6.02%, a 9.1% The global GDP growth rate for 2022 was 3.08%, a 2.94% decline from 2021. The global GDP growth rate for 2023 is expected to be at 2.9%, a 0.18% expected decline from 2022. increase from 2020. Source: Company Reports, Linerlytica 2.

Analysis 100

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Trinity Logistics

JUNE 14, 2024

is the yellow line, representing calendar year 2021. That was quickly followed by a freight injection and for the latter part of 2020, and all of 2021, the market struggled with a lack of capacity to handle the record freight volumes. 2023 saw a return to more traditional levels, but the capacity remained.

Freight 67

Freight Capacity Outbound Handling 67

3PL Insights

JULY 19, 2021

In this article, we will take a look at some of the industries that are most affected by these shortages and how they affect the entire supply chain. With all these industries beginning to operate at full capacity analysts predict this shortage will continue until 2023. Computer Chips.

Industry 52

Industry Price Reduction Material Savings Supply Chain Software 52

Trinity Logistics

JANUARY 18, 2024

As we typically see in the first months of a calendar year (setting aside what we saw in 2021), rates are usually at their lowest point due to volume being restrained. The dreaded word “recession” that has been thrown around for seemingly all of 2023 doesn’t seem likely. per mile as we close out 2024.

Freight 93

Freight Disposal Logistics Network Optimization Software Scenario Planning 93

Blue Grace Logistics

JUNE 20, 2023

Expanding Business In A Slow Economy Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - June 20, 2023 Logistics Firms Forced to Adjust Post-COVID Dan Ronan, Sr. READ THE FULL ARTICLE Getting people to think about diversity is more than ethnicity,” she said.

Resource Reduction 98

Resource Reduction Supply Chain Software Case Study Conference 98

Kanban Logistics

JULY 13, 2023

In this article, we’ll look at the characteristics that make the Tar Heel State number one for the second year in a row. On the intermodal side, the CSX Carolina Connector in Eastern NC went online in 2021, and was recently connected to the Port of Wilmington via the Wilmington-Rocky Mount Express.

Logistics Network Optimization Software 52

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Blue Grace Logistics

MAY 1, 2023

I think the pandemic and the 2021 supply chain issues coming out of Asia really got people looking at nearshoring as a viable option,” Schara told FreightWaves. READ THE FULL ARTICLE HERE So Mexico has become much more viable.” “I With our expansion in Monterrey, we’re now able to service more cross-border freight.”

Resource Reduction 62

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Blue Grace Logistics

MARCH 13, 2023

Kim Bellware | Reporter, The Washington Post March 13, 2023 Blame the coronavirus pandemic for the wildly vacillating supply and demand over the past two years: a surplus of unsold cookies in 2021 and supply chain issues in 2022. READ THE FULL ARTICLE HERE This year is seeing similar problems.

Supply Chains 89

Supply Chains Manufacturing Procurement Sourcing Strategies Resource Reduction 89

Logistics Viewpoints

OCTOBER 1, 2022

The cost to transport containerized goods peaked at unprecedented levels in late 2021. The article states that Fabric customers communicated that they wanted to use Fabric technology directly in their own warehouses, rather than contracting with Fabric to serve as a 3PL managing fulfillment operations with Fabric technology.

Logistics Network Optimization Software 126

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Logistics Viewpoints

JANUARY 11, 2023

In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. One of my predictions within that article is that inflation will hinder supply chain resiliency efforts. Warehouse Management Systems (WMS): Growth Accelerated in 2021 ; Clint Reiser.

Supply Chain Planning Software 130

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Blue Grace Logistics

JANUARY 27, 2023

Henry Queen | Reporter, Tampa Bay Business Journal January 27, 2023 If 2021 was the year that companies generally regretted not having enough inventory, then 2022 was the year they regretted having too much. What will 2023 bring for the economy of durable goods? READ THE FULL ARTICLE HERE

Logistics Network Optimization Software 62

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Now, That's Logistics

NOVEMBER 21, 2022

of the nation’s freight by weight , representing roughly 11 billion tons of freight (primary shipments only) in 2021. In fact there are three trends we see that are important in 2023”. In the US, trucks move roughly 72.2% According to the ATA, 38.9 million as of June 2022. Addressing the Persistent Driver Shortage.

Transportation 103

Transportation Trucking Freight Capacity 103

Turvo

OCTOBER 21, 2021

What’s in the article: This blog covers the following topics : How the price rise has impacted businesses during the pandemic . Through this article, we explore the reasons for these rate increases and the correlating scenarios where the freight rates would potentially drop. . Reason for the drastic increase in freight prices .

Freight 81

Freight Price Reduction Scenario Planning Cost Reduction 81

Blue Grace Logistics

MARCH 21, 2023

Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search Dana Ricksecker - March 21, 2023 A stressed supply chain is making businesses reconsider alternatives. So it’s not surprising that the Trade in Transition 2023 global report found that nearshoring has increased by 8 percent since 2021.

Cost Reduction 62

Cost Reduction Resource Reduction Material Savings Sourcing Strategies 62

Blue Grace Logistics

MAY 9, 2023

The Supply Chain of Mother's Day Flowers Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - May 9, 2023 Mother’s Day is a special day to celebrate and honor mothers around the world. What’s in the article: How are Mother’s Day flowers shipped?

Supply Chains 75

Supply Chains Price Reduction Inventory Reduction Resource Reduction 75

Logistics Viewpoints

AUGUST 11, 2021

Venture-backed grocery companies have raised over $10 billion so far in 2021, according to data from Pitchbook. According to Statista, the US online grocery market is estimated to hit $41 billion in 2021, up from $34 billion in 2020. And by 2023, that number should eclipse $59 billion. The E-Commerce Grocery Market.

Modeling Software 153

Modeling Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 153

Ship Monk

APRIL 25, 2024

Last-Mile Delivery in Terms of Costs Toward the end of 2023, it was analyzed that 53% of total shipping costs are related to last-mile delivery. days in 2021, which sped up to 5.6 days in 2023. This can fluctuate per brand and ecommerce order depending on many factors. days in 2022 and 3.8

eCommerce 79

eCommerce Optimization Software Supply Chain Planning Software Packaging 79

Logistics Viewpoints

MARCH 8, 2023

in December 2021. Now, when I wrote this article, we were months away from everything being turned upside down with the Covid-19 pandemic. In 2023, the food supply chain is still facing a number of issues and supply chain disruptions are limiting product availability and driving up prices.

Supply Chain Planning Software 132

Supply Chain Planning Software Supply Chains Scenario Planning Food and Agriculture 132

Logistics Viewpoints

APRIL 21, 2023

The Wall Street Journal (WSJ) published an article on the increasing use of machinery to create made-to-fit boxes for more efficient fulfillment shipping. Meanwhile, Europe’s import of goods from China has remained fairly consistent when comparing the first couple months of 2023 to that same period in 2022.

Logistics Network Optimization Software 125

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Blue Grace Logistics

APRIL 28, 2023

billion in 2021, but more than double the $1.3 READ THE FULL ARTICLE HERE private-capital firms and the companies they own are increasingly looking to Mexico. Private investment in Mexico, including venture capital and private equity, hit $3.4 That was down from a record $5.6 billion volume of 2019.

Trends 62

Trends Negotiating Skills Supply Chain Planning Software Supply Chain Software 62

Shipping and Freight Resource

MARCH 8, 2022

A record number of ships were lined up outside many US ports for a berth for many months in 2021 increasing the port and yard congestion across the country. Given China’s systemic production cost advantage, which now averages 30% to 35% even when shipping costs are included, ” says a recent article from the Harvard Business Review.

Negotiating Skills 103

Negotiating Skills Purchasing Skills Cost Reduction Resource Reduction 103

Trinity Logistics

DECEMBER 15, 2023

This is in stark contrast to 2021 and most of 2022 when carriers and brokers were keenly focused on existing customers and not as aggressive in pursuing new business relationships. Get Weekly News Updates in Your Inbox The post December 2023 Freight Market Update appeared first on Trinity Logistics, a Burris Logistics Company.

Freight 96

Freight Scenario Planning Networks Supply Chains 96

Trinity Logistics

DECEMBER 29, 2021

billion in 2021. percent from 2021 to 2026. In July 2021, the Zero Food Waste Act was introduced to provide grants to businesses that significantly reduce their food waste. In July 2021, the number of job openings in the warehouse and transportation industry hit record highs. billion by 2026. is becoming near impossible.

Trends 111

Trends Food and Agriculture Industry Waste Reduction 111

Blue Grace Logistics

DECEMBER 15, 2022

What’s in the article: How shippers are using technology. Although LTL rates have been rising over the last couple of years, 81% of surveyed companies saw their LTL contract rates increase between 2021 and 2022. BlueGrace Logistics. Rising online purchases over the past few years have increased the need for LTL.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Purchasing Skills Survey 62

FreightWaves SONAR

JULY 10, 2023

seemingly ignored inventory data that the pandemic-driven buying spree that lasted from March 2020 until the end of 2021 was waning, leading to bloated inventories, according to an article written by FreightWaves’ Mark Solomon. workers in 2023. Big-box retailers like Best Buy, Walmart Inc. and Target Corp.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

Ship Monk

SEPTEMBER 29, 2022

In this article, aptly prepare for the most important time of year in the direct-to-consumer (DTC) market by learning about the problems at your door, and more importantly their solutions. Those higher shipping rates will likely continue into 2023.

eCommerce 52

eCommerce Purchasing Skills Inventory Reduction Cost Reduction 52

Trinity Logistics

SEPTEMBER 22, 2023

percent from 2023 to 2030. In July 2021, the Zero Food Waste Act was introduced to provide grants to businesses that significantly reduce their food waste. Additionally, in November 2021, the Food Donation Improvement Act was introduced to lower food waste by making it easier for companies to donate food instead of throwing it out.

Trends 67

Trends Waste Reduction Industry Supply Chain Planning Software 67

The Logistics of Logistics

MAY 17, 2022

To learn more about the future of logistics, tune as they give a preview of the topics for their upcoming Manifest conference happening in 2023 like sustainability, connecting the ecosystem, machine learning, and intelligent infrastructure. We were originally going to have the event in June of 2021, but we all know what happened.

Logistics Network Optimization Software 221

Logistics Network Optimization Software Supply Chain Design Software Logistics Events 221

Turvo

DECEMBER 21, 2021

Going into 2021, supply networks were already dealing with rising demand, increasing port congestion, and production delays. Here’s a look back at the top 5 logistics stories from this year (2021): Suez Canal blockage that affected global supply chains. Coronavirus outbreak in India. of year-to-date trade.

Events 82

Events Supply Chain Software Supply Chains Logistics Network Optimization Software 82

ShipLilly

DECEMBER 24, 2019

This article highlights some of the critical issues that traders need to be aware of so that they can plan. All shippers working with Chinese partners know that this holiday impacts on trade to a far greater extent than any comparable holiday in Australia, Europe, and North America. Chinese New Year: What is it exactly?

Supply Chains 63

Supply Chains Scenario Planning Factories Events 63

Ship Monk

MAY 12, 2023

In January 2023, carriers extended peak surcharges indefinitely. View the complete list of 2023 FedEx surcharges here. in Q2 2021 to 17.3% FedEx calls this the shipper’s ‘peaking factor.’” As another example, FedEx assesses an $89 surcharge for delivering to a business on Chicago’s Navy Pier. in the same timeframe.”

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction Inventory Reduction 52

Blue Grace Logistics

OCTOBER 24, 2022

LTL pricing will be “more favorable” to shippers heading into 2023, but for many shippers that may mean LTL rates stay flat or dip only slightly, not by double digits, Blankenship said. I think the LTL carriers will announce modest GRIs [general rate increases]” for 2023, he said. READ THE FULL ARTICLE HERE.

Negotiating Skills 62

Negotiating Skills Price Reduction Digital Case Study 62

Logistics Viewpoints

JANUARY 20, 2023

I will cover this in an article next week. It was priced at $12 a year for some time, though the company increased its pricing to $18 in December 2021. CargoNet recorded 1,778 supply chain risk events across the United States and Canada in 2022, an increase of 15 percent from 2021. This could be a slow, messy year for freight.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Planning Software Logistics Events 115

Logistics Business Magazine

JUNE 2, 2022

The Walbusch Group has taken a decisive step forward in modernising its infrastructure as well as IT applications: Since the end of 2021, the Solingen-based company has been using Setlog ‘s cloud-based SCM software OSCA DC (Digital Core) to gain transparency and improve management, collaboration, and communication in the supply chain.

Supply Chain Planning Software 56

Supply Chain Planning Software Supply Chain Software Procurement Solutions Logistics Network Optimization Software 56