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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. This is a significant shift from late 2021, when 93% faced serious disruptions. In other words, this is a far cry from 2021 and its dramatic capacity shortage.

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With Great Volumes Comes Great Uncertainty: A Guide to Navigating Peak Season 2021

Locus

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. Forecasts by Ascential Retail Insight show that e-commerce will secure a 34.8%

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Managing the Realities of the “New Normal” LTL Shipping Environment

Blue Grace Logistics

The Logistics Blog®. 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.

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Paper and packaging companies face rising input and freight costs

FreightWaves SONAR

In contrast to the softer packaging prices experienced in 2020, companies have experienced significant inflation rates to-date in 2021, which has made packaging an area of greater focus for shippers. Request a SONAR Demo. Request a SONAR SCI Demo. FILL OUT THE FORM BELOW TO DOWNLOAD THE FREE WHITE PAPER.

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Embracing Strategic Digitalization to Stay Ahead of Tech Obsolescence

Locus

billion in 2021, and is expected to reach $288.87 If we consider the average cost of a new car in the United States was approximately $40,000 in 2021, this increase is equivalent to almost 4 billion new cars. billion by 2031. Let’s try to visualize this $157.35 billion increase.

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The 3 top benefits of trucking fleets benchmarking financial and operational performance

FreightWaves SONAR

As reported by DC Velocity , “the 2020 Fleet Advantage Industry Benchmark Survey noted, “11% of transportation fleets estimate they have saved more than $1 million in crash avoidance by upgrading to newer trucks with advanced safety features.” That’s especially true when considering the state of the economy and hopes for growth in 2021.

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[Chart of the Week] Shippers take to the sky as ocean shipping congestion grows: Maneuvering past the bottleneck

FreightWaves SONAR

Normally, spot rates in this lane fall to their lowest points of the year in the winter months of January and February, but that has not been the case so far in 2021. . If more production were to move to Europe, as the survey suggests, Los Angeles could fade as a hub for freight activity as imports enter through the East Coast.