Locus

SEPTEMBER 14, 2021

According to McKinsey Consumer Pulse surveys undertaken by the firm, close to 75% of people that are using digital channels for the first time will continue to do so even after normalcy is restored. share of chain retail sales by 2023, up from 30% in 2021. How businesses can manage peak delivery periods? Share and Enjoy !

Negotiating Skills 52

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Freightos

JUNE 6, 2023

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. By 2023, average inventory turnover for small and midsize businesses, had dropped for the 50% percentile ShipBob seller from 1.59

Manufacturing Procurement 98

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Logistics Viewpoints

JUNE 30, 2023

Savings will focus on reducing fixed operating costs beyond product and transportation expenses that were “built up as a result of the rampant increase in transactions during 2020 and 2021,” McPhail said. percent in 2021 and 2.8 small businesses, from bodegas to florists, to deliver its packages by the end of the year. percent in 2018.

Logistics Network Optimization Software 136

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Freightos

SEPTEMBER 14, 2022

During the peak of the ocean freight congestion, in September 2021, ocean freight rates reached well over $20,000 for China – US West Coast shipping. Freight professionals – whether at freight forwarders, BCOs or carriers – were left wondering what tomorrow would bring. View weekly update. The Elusive 2022 Peak Season.

Webinar 62

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Logistics Business Magazine

JANUARY 20, 2023

A larger share of freight forwarders and supply chain professionals this year in 2023 are expecting disruptions owing to COVID outbreaks in China and the Chinese New Year factory closures as compared to the last year (2022). “We We are looking at three different Chinese Years in 2020, 2021 and 2022.

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MTS Logistics

OCTOBER 16, 2023

government even opted to allocate roughly one half of the 2021-2025 National Highway Freight Program projects budget to roadway and bridge preservation. Project cargo weight on these possible compromised roads and railways should be a concern even with DOT route surveys.

Cargo 96

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Blue Grace Logistics

DECEMBER 15, 2022

So, to learn more about these challenges and how companies are addressing rate increases, capacity restraints, and other issues, we sponsored a survey. 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. Here’s what we learned.

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Logistics Viewpoints

JUNE 16, 2023

But despite those challenges and uncertainties, the majority of supply chain leaders are optimistic about the future, with 61 percent reporting a positive business outlook for 2023. Sales of excavators in North America last year rose 23 percent over 2021 to 41,320 machines, the second-straight year of record sales, said Off-Highway Research.

Supply Chain Design Software 104

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Logistics Business Magazine

JANUARY 19, 2024

per cent increase in pallet manufacture shown in last year’s report – and may be followed by a larger decrease for 2023. per cent on 2021. Watt said surveys for the market report’s next edition would be issued to the membership much earlier, during February this year. This follows the 8.3

Collaboration 63

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Blue Grace Logistics

APRIL 18, 2023

Proctor & Gamble In 2021, 73% of Proctor & Gamble ‘s consumer packaging was recyclable or reusable. net sales were represented by suppliers who reported to one or more sustainability surveys. This Earth Week , we wanted to spotlight the companies who are leading the way in supply chain sustainability efforts.

Waste Reduction 62

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Logistics Viewpoints

APRIL 7, 2023

According to the annual survey released by the National Retail Federation’s (NRF) and Prosper Insights & Analytics, consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 The survey indicates that 81 percent of Americans will celebrate the holiday and spend an average of $192.01, the highest figure on record.

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Logistics Viewpoints

MAY 31, 2024

By Q4 2023, foot traffic in 10 prime trade areas tracked by Placer.ai globally since 2021. The survey found that 82% of supply chain professionals indicate technology advancements will have a significant impact on the supply chain over the next five years. had reached 81% of 2019’s levels, demonstrating a strong recovery.

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Logistics Viewpoints

JANUARY 27, 2023

Concern about supply chain disruptions triggered by the Lunar New Year holiday that began this week is running higher this year than last, according to a survey from the German container logistics platform Container xChange.

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Logistics Business Magazine

FEBRUARY 4, 2022

Hamburg-based startup driveMybox more than doubled its sales in 2021 compared to the previous year and is on a strong expansion course. Aaron Spandehra, CBDO, points out: “June to December 2021 was more than satisfactory for us.

Logistics Network Optimization Software 59

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Logistics Business Magazine

SEPTEMBER 5, 2023

Europe leads this trend having reduced offshore procurement by a quarter since 2021. This is expected to increase by a further 46% between 2023 and 2025. Of those surveyed, 70% said the majority of supply is currently being obtained from China, Taiwan, Japan, and Korea.

Supply Chain Software 63

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CH Robinson Logistics

APRIL 19, 2021

Seasonal factors that cause the transportation market to tighten, plus new considerations for 2021. ACT Research estimates that roughly 3% of the truckload demand forecasts for 2021 can be attributed just to replenishing the inventory gap, and it will take much or all of 2021 to accomplish this. As of February 2021, the U.S.

Trucking 65

Trucking Inventory Reduction Price Reduction Waste Reduction 65

Locus

DECEMBER 22, 2021

The year 2021 has proved it once again that Tom McCarthy was right. Rewind to 2021! 2021 may not be a year for the logistics industry to cherish, but it was a year filled with a lot of takeaways. 2021 pushed businesses to take giant strides in their logistics processes and operations. lifestyle) or involuntarily (e.g.,

Supply Chain Planning Software 52

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MTS Logistics

OCTOBER 9, 2023

A study by PwC found that 66% of surveyed executives anticipate higher supply chain costs as a result of diversifying away from China. Country of Origin 2020 2021 2022 2023 (first 9 months) CHINA 9.80 The underlying logistics regulations, political stability and compliance are biggest challenges. M VIETNAM 1.86 K INDIA 807.10

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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

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SYSPRO Smarter ERP

DECEMBER 15, 2021

One point you should keep in mind is that the Kenyan economy includes a large Food & Beverage sector which grew by 43% in 2021 and accounted for 46% of exports. 36% said they believe recovery will only be in 2023 and beyond. 41% of surveyed companies have not enumerated their ROI from digital investments.

Manufacturing Procurement 104

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Logistics Viewpoints

MAY 19, 2023

As the market continues to evolve, a recent shopping survey from analytics and strategic insight firm Brick Meets Click and e-commerce technology software company Mercatus unveils the uptick was driven by a rebound in monthly active users (MAUs) and a higher average order value (AOV). billion, up 0.9 percent year-over-year. has pledged $3.4

GEP 126

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Logistics Viewpoints

NOVEMBER 4, 2022

The number of unfilled driver jobs slid to nearly 78,000, down about 4 percent from a record 81,258 in 2021, according to the association’s projections. Sentiment from some of the nation’s largest fleets has turned considerably more tepid around freight demand and the outlook for 2023. percentage points higher at 76.9

Logistics Network Optimization Software 119

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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

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Logistics Viewpoints

MARCH 3, 2023

And while this definitely points to an industry making strides, a recent Procurious survey found that 75 percent of women in supply chain experience gender-based adversity. The Statistics Canada data show Canada imported a record $100,027,968,000 of goods from China last year, up 16 per cent from $86 billion in 2021.

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247 Customs Broker

NOVEMBER 16, 2018

trillion in retail sales by 2021, U.S. In response to today’s online-buying, smartphone-wielding consumer that expects a seamless, faster purchasing journey, the study revealed that 78 percent of logistics companies expect to provide same-day delivery by 2023 and 40 percent anticipate delivery within a two-hour window by 2028.

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Trinity Logistics

OCTOBER 20, 2021

With logistics experts estimating that high freight rates will rema­­in through 2022, maybe even 2023, now is not the time to stress over transportation costs. In August 2021, truckload volumes surged, and freight rates hit new highs according to a DAT Freight & Analytics report. Freight rates have jumped 26.6

Freight 95

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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

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Logistics Viewpoints

FEBRUARY 11, 2022

According to the annual National Retail Federation (NRF) and Prosper Insights & Analytics Super Bowl survey, 184.5 During the peak of the 2021 holiday season, there was a lot of concern that popular toys would not make it to consumers on time. million US adults said they planned to tune into the big game.

Logistics Network Optimization Software 114

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Locus

DECEMBER 23, 2022

In 2021, retail e-commerce holiday season sales in the United States amounted to about 213 billion US dollars. Steep shipping costs: According to a survey , 2,000 US retail shoppers say that the top cause (58%) for cart abandonment is high shipping costs. Download the Casestudy. percent in North America in 2022. Talk to our experts!

Supply Chain Planning Software 52

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Locus

SEPTEMBER 13, 2022

A survey forecasts that there will be a driver shortage of 97,000 by 2023. A report states that Walmart is the leading American retailer that has accounted for retail sales of about $460 billion in 2021. Else, it is optimal to choose outsourced fleets. Availability of capital and labor.

Outsourcing 52

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Logistics Viewpoints

SEPTEMBER 23, 2022

Now they worry the negotiations could continue through the end of 2022 or into 2023, extending uncertainty that has triggered shifts in trade flows and complicated planning in supply chains. According to the survey, half of grocery customers surveyed said they would choose next day delivery or longer if they could pay even lower pickup fees.

Supply Chain Planning Software 22

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