Locus

JUNE 16, 2023

Read also: How to Calculate the Cost of Transport 2. Labor costs : The logistics industry is currently facing a significant shortage of qualified drivers in the US, causing a surge in truck driver wages, which constitute 33% of a delivery truck’s operational costs. Read also: Tackling Vehicle Idling in Last-Mile Logistics 4.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Blue Grace Logistics

MARCH 26, 2024

Controlling Supply Chain Cost for Sustainable Growth Search Search BlueGrace Logistics - March 26, 2024 In modern business, controlling supply chain costs is paramount for sustaining profitability and competitiveness. A knowledgeable 3PL brings industry expertise, specialized infrastructure, and established networks.

Negotiating Skills 90

Negotiating Skills Cost Reduction Waste Reduction Inventory Reduction 90

Logistics Business Magazine

NOVEMBER 8, 2023

Global supply chains have largely recovered from the shocks experienced by the onset of the Russia-Ukraine war, with industries such as energy and food witnessing price and supply shortages ease significantly compared to the highs of 2022. Metal prices are forecast to fall by 8% in 2023 and a further 3% in 2024.

Supply Chains 66

Supply Chains Food and Agriculture Price Reduction Cost Reduction 66

Logistics Business Magazine

JANUARY 15, 2024

Offering the broadest portfolio of energy and safety options for industrial trucks and leading technical material flow solutions, the intralogistics specialist supports its customers on their way to greater efficiency, sustainability and performance.

Modeling Software 54

Modeling Software Optimization Software Material Savings Expense Reduction 54

Penske Move Ahead

JANUARY 22, 2024

To help those within the industry prepare for the year ahead, we sat down with several industry experts to get their thoughts on capacity, operations, sustainability and how to prepare for 2024. Q: What will happen to both contract and spot rates in 2024?

Supply Chain Planning Software 50

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 50

Trinity Logistics

MAY 24, 2024

Scenarios expand beyond just plain and simple identity theft, at least in the logistics industry. The FMCSA is aware of these trending cargo theft scams and is actively looking to improve their vetting and even get rid of MC numbers for carriers. We in logistics and other sectors have been experiencing this concept.

Cargo 77

Cargo Digital Sourcing Strategies Resource Reduction 77

WorkWave

NOVEMBER 16, 2023

Let’s embark together on an exciting journey exploring lucrative ideas in the booming pet industry. Pet Ownership Trends and Opportunities The good news? The potential customer base in this industry is massive. Key Takeaway: Dive into the pet industry with services like dog walking, sitting, and grooming.

Waste Reduction 52

Waste Reduction Modeling Software Sourcing Strategies Cost Reduction 52

EazyStock

APRIL 18, 2023

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. in 2023 and 4.3%

Supply Chain Planning Software 52

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

MTS Logistics

JANUARY 24, 2020

And, as you see on the below chart from Statista, 3% growth is the low-point of expected Global GDP growth between 2014 to 2024. Every carrier took a different approach on how to manage operating costs and reflect those to their customers. 2019 was a historic year with trade wars, a global economic shake down, and political turmoil.

Purchasing Skills 60

Purchasing Skills Purchasing Availability Course 60

GlobalTranz

JANUARY 19, 2016

2016 will be a defining year for the logistics industry , and transportation management practices must adapt to these changes. Some of these transportation management trends reflect real worries for the logistics industry. Take a look at six of the trends to watch for in transportation management this year.

Trends 53

Trends Transportation Logistics Network Optimization Software Sourcing Strategies 53

247 Customs Broker

NOVEMBER 29, 2018

According to Statista, there will be 30 billion Internet of Things (IoT) devices active by 2024. To tap into this trend, plant managers can choose between two main methods of connecting new devices to the IoT — wired or wireless. A good understanding of your technology and how to connect it is essential during any automation project.

Expense Reduction 28

Expense Reduction Automation Logistics Network Optimization Software Reliability 28