MTS Logistics

JUNE 13, 2022

House to pass the Ocean Shipping Reform Act of 2022, which the Senate passed in March. Congress will soon be scheduling a vote on the Ocean Shipping Reform Act of 2022. The deadline would be no later than April 1st, 2023, and no later than April 1st, 2024, to publish best practices. The law would allow the U.S.

Supply Chains 85

Supply Chains Price Reduction Cost Reduction Study 85

MTS Logistics

MARCH 22, 2024

Last Thursday, Hapag-Lloyd announced that it is once again expecting a drop in revenue for 2024’s earnings, a trend that follows the company’s financial results from last year. Earnings from 2022-2023 were reported to be 48% lower. In the company’s annual reports for 2022, Hapag-Lloyd posted earnings of 17.04 a share.

Cost Reduction 88

Cost Reduction Price Reduction Disposal Freight forwarding 88

WorkWave

MAY 24, 2024

Private equity firms are showing an invested interest in field service industries like lawn care, pest control, cleaning and other sectors, while M&A activity is skyrocketing across these industries at the same time. Then, it’s important to stay informed about acquisition news through reputable industry publications.

Negotiating Skills 98

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MTS Logistics

APRIL 10, 2024

This is a leading trade event for all sectors of the Seafood Industry. One of the most important topics being asked in the industry right now is “Where are we with the Department of Commerce implementing Anti-Dumping and Countervailing Duty from Ecuador, Indonesia, India, and Vietnam? This event takes place every year.

Production 84

Production Government Definition After-sales 84

Logistics Business Magazine

DECEMBER 6, 2023

The modelling reinforces the environmental benefits of 5G Standalone (5G SA), particularly for key industries in that are traditionally carbon intensive like manufacturing. The new modelling reveals that 5G technologies could save the food and drink supply chain 37 million tonnes of CO2 equivalent emissions between 2024 and 2035.

Waste Reduction 62

Waste Reduction Manufacturing Procurement Modeling Software Food and Agriculture 62

MTS Logistics

JUNE 3, 2024

Peter Sand, Xeneta’s Chief Analyst, noted significant and rapid rate hikes throughout May, with further escalation expected: “By June 1st, spot rates will reach levels not observed since 2022, during the height of Covid-19 disruptions in ocean freight supply chains,” Sand said.

Freight 77

Freight Scenario Planning Supply Chains Freight forwarding 77

Logistics Business Magazine

FEBRUARY 10, 2021

Supply chain industry executives do not foresee a global economic recovery until 2022 or beyond, despite an expectation that Asia, North America and Europe will rebound this year from the downturn triggered by the COVID-19 pandemic. Of 1,200 industry professionals surveyed for the 2021 Agility Emerging Markets Logistics Index, 51.5%

Industry 52

Industry Supply Chain Planning Software Logistics Network Optimization Software Domestic logistics 52

MTS Logistics

MAY 22, 2023

Due to freight rates skyrocketing in 2020-2021 and in the beginning of 2022, Asian polymers have been dropping in price to be able to compete with the other regions of the world. 2021 and 2022 was not the best time for Chinese producers, due to them not being able to compete with U.S. On the contrary to the U.S.,

Sourcing 82

Sourcing Freight Factories Scenario Planning 82

Now, That's Logistics

JANUARY 26, 2023

It says demand for foreign goods proved “resilient” throughout 2022, with trade volumes increasing by 3%. The “Supply-Chain Law” went into effect on January 1, 2023, and applies to companies with at least 3,000 employees—a number that will be lowered to 1,000 workers in 2024.

Trends 60

Trends Supply Chain Planning Software Supply Chain Software Supply Chains 60

MTS Logistics

APRIL 11, 2022

The launch of Maersk Air Cargo comes at a time when the air cargo industry is facing significant challenges. Maersk Air Cargo aims to be partially operational by the second half of 2022 and scale up between then and 2024, when it should be fully operational.

Cargo 77

Cargo Supply Chains Logistics Network Optimization Software Strategy 77

Logistics Viewpoints

NOVEMBER 18, 2022

So, what does the 2022 Thanksgiving holiday look like? The new drone, dubbed MK30, will go into service in 2024 and replace the existing MK27-2, the model that will be used to make deliveries in Lockeford, California, and College Station, Texas, this year. This is our last weekly news roundup before for the Thanksgiving holiday.

Negotiating Skills 121

Negotiating Skills Logistics Network Optimization Software Buyer Training Modeling Software 121

Locus

DECEMBER 29, 2021

As we are beckoned into 2022, customers are getting their shopping lists ready. The many benefits of technology include increased speed of identification, reliable, accurate and quick data gathering, processing, analysis and transmission. Better predictive analysis with the help of Artificial Intelligence.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 52

EazyStock

APRIL 18, 2023

Inflation Inflation has been increasing for the past few years, hitting record levels in 2022. In 2022, inflation rates peaked at 9.1% in 2024, these figures are still above pre-pandemic levels. One way to do this is with ABC/XYZ analysis. While they did show signs of reducing, a recent surge has seen levels remain high.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

Logistics Viewpoints

JANUARY 3, 2022

According to the American Trucking Associations (ATA), the trucking industry is currently short 80,000 drivers. The first units are to be delivered in early 2022. TuSimple – a provider of autonomous freight semi-truck solutions – has said their technology will be operational by 2024. Just how bad is the driver shortage?

Trucking 151

Trucking Trends Modeling Software Logistics Network Optimization Software 151

Logistics Viewpoints

JUNE 30, 2023

The home improvement retailer expects to complete the effort in fiscal year 2024. The Environmental Protection Agency last week announced the highest-ever targets for a federal program that requires oil refiners to blend biofuels into the nation’s fuel mix, though the targets were lower than the ethanol industry had expected.

Logistics Network Optimization Software 136

Logistics Network Optimization Software Supply Chain Planning Software Cost Reduction Material Savings 136

Logistics Viewpoints

JULY 28, 2023

Toasts Not Tariffs has urged the US government to secure an agreement with the EU to avoid the return of retaliatory tariffs on American whiskey, which would be 50 percent in 2024. Toasts and Tariffs comprises 50 associations representing the three-tier chain of the US alcohol industry.

Supply Chain Design Software 117

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Waste Reduction 117

Logistics Viewpoints

APRIL 19, 2024

On February 4 at the 2024 Grammy Awards, Taylor Swift announced that she would be releasing a new album, which had secretly been in the works for two years. Canada banned single-use plastic shopping bags in December 2022, along with other single-use plastic items including straws and cutlery.

Logistics Network Optimization Software 129

Logistics Network Optimization Software Logistics Procurement Analytics Purchasing Skills 129