Supply Chains Unlikely to Stabilize Until 2024, Survey Finds
Supply Chain Brain
JULY 13, 2022
More than half of supply chain executives don’t expect a "return to normal" until the first half of 2024 or beyond, according to a new survey.
2024 Freight Market Survey Results
Trinity Logistics
FEBRUARY 29, 2024
Are they expecting to face similar difficulties in 2024? Trinity Logistics wanted to get answers to these questions for you, so we asked a random sample of our shipper and carrier relationships to gauge the effect 2023 had on their business and what their expectations for 2024 in our first Freight Market Survey.
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The Future of Supply Chain: Top 5 Supply Chain Trends in 2024
3PL Links
APRIL 29, 2024
Image source: Rawpixel | The Future of Supply Chain: Top 5 Supply Chain Trends in 2024 Managing the market’s intricacies will call for a proactive approach that goes beyond simply responding to demands as the halfway point of 2024 draws near. Top 5 Supply Chain Trends in 2024 1.
2024: Planning for Success Amid the Uncertainty
Logistics Viewpoints
FEBRUARY 14, 2024
However, it’s only early February 2024, and we already have several major disruptions impacting supply chains. As Alan Amling at the University of Tennessee put it, “2024 is riddled with uncertainty.” This is an important time for the supply chain profession. For more information on the research, click here.
2024 Supply Chain Predictions – Relative Stability and a Migration to the Mean
Logistics Viewpoints
DECEMBER 6, 2023
And Logistics Viewpoints has a history of its own supply chain predictions for the year ahead. My colleagues and I will likely publish a detailed list of predictions related to supply chain operations and technology. Final Word Many of the supply-side constraints that occurred during the pandemic have subsided.
Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons
Freightos
JANUARY 15, 2024
It took time for the situation to normalize, especially for complex products like semiconductors that require a lot of moving parts in the global supply chain. Just when it seemed that 2024 would be a very welcome year of “normal” supply chains, the Red Sea crisis proved that for global supply chains, there is no such thing.
A Glimpse into Supply Chain 2024
Log-hub
JANUARY 3, 2024
Let’s explore what the supply chain 2024 trends have in store for us! In the ever-evolving landscape of supply chain management, next year promises to be pivotal, marked by significant transformations. Let’s delve into the key supply chain 2024 trends that are reshaping the industry and driving innovation.
Top Ecommerce Trends for 2024
Ship Monk
JANUARY 9, 2024
Since ShipMonk is a third-party logistics provider (3PL for short), we’re well situated to observe the ecommerce supply chain from end to end. Here are a few of the trends we think are going to be big in 2024. Competing with Amazon A Criteo survey found that when all other things are equal (i.e.,
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Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains
3PL Links
DECEMBER 28, 2023
Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.
Navigating the Waves: Predicting the Shipping Industry’s Journey in 2024
MTS Logistics
NOVEMBER 27, 2023
2024 is shaping up to be a challenging year for the shipping industry. Logistics executives, the people who plan and manage shipping, don’t see much growth in the first half of 2024. The global shipping industry, dealing with a “freight recession” this year, is poised to face continued challenges in 2024.
Seeking Input for Penske Logistics-Sponsored 2024 Third-Party Logistics Study
Penske Move Ahead
APRIL 28, 2023
The 2024 Third-Party Logistics Study survey is now live and is seeking input from supply chain professionals. A complimentary copy will be available after it is released at the CSCMP EDGE 2023 supply chain conference in October. Please click here to take part. It will close on June 30. 3PLStudy.com.
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Infographic: 5 Ways RPA Optimizes Supply Chain Management
Morai Logistics
JANUARY 31, 2019
Findings on the global RPA market , project a ‘Compound Annual Growth Rate (CAGR) of over 27%’ throughout 2013 to 2024. By 2024, this would amount to over 7, 000 Million (USD). In a recent survey on RPA adoption, 17% of supply chain professionals believe RPA will be implemented in their organization’s by 2020.
The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization
Freightos
APRIL 15, 2024
More Resources Home The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization Eytan Buchman April 15, 2024 Dive deeper into freight data that matters Learn More The March 26th Francis Scott Key Bridge allision feels shocking. It’s not just supply chains. But those successes deserve to be celebrated.
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Top 15 Logistics Stories of 2023
Logistics Viewpoints
JANUARY 10, 2024
Just last week, my colleague Clint Reiser wrote an article about the top logistics and supply chain conferences to attend in 2024. 5 Supply Chain Predictions for 2023 ; Dr. Madhav Durbha ( Coupa Software ) So much has changed in a year! So, let’s take a look now at the 15 most popular logistics stories of 2023.
Accelerating AI Adoption for Fleet Management
Penske Move Ahead
APRIL 18, 2024
A new executive survey, The Transportation Leaders Survey: A Road to AI Adoption , identified priority challenges that leaders across the transportation and logistics industries are facing and uncovered areas of opportunity for AI adoption. The survey asked leaders to assess barriers to current business priorities.
This Week in Logistics News (January 27 – February 2)
Logistics Viewpoints
FEBRUARY 2, 2024
She also said the company planned to ask workers to return to the office five days a week in 2024. percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. percent in early U.S.
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Last Mile Distribution News: January 22, 2020
Stord
JANUARY 21, 2020
Wednesday, January 22, 2020 AI Investment Reported to Reduce Supply Chain Costs A survey conducted by McKinsey and Company reported that 61% of survey respondents saw a reduction in supply chain planning costs as a result of using artificial intelligence. Public Warehousing Market Expected to Grow by $37.2B
Key IT Advances Shaping Vehicle Logistics
Logistics Business Magazine
MARCH 14, 2024
The publication of the “INFORM Trend Report on IT in Vehicle Logistics 2024 – Transforming Vehicle Logistics: Pivotal Role of IT and AI” marks the third installment in a comprehensive series of trend reports that delves into the evolving dynamics of vehicle logistics management.
60% of Warehouse Leaders Plan to Deploy RFID by 2028
Logistics Business Magazine
SEPTEMBER 27, 2023
Accelerating Modernization to Manage Returns The survey showed 74% of European warehouse decision-makers (73% globally) have or will be accelerating timelines of modernization projects. For Europe that figure is 43%, a 12 percentage point increase year-over-year.
Penske Truck Leasing Once Again Listed Among Top Military-Friendly Employers
Penske Move Ahead
NOVEMBER 13, 2023
Penske Truck Leasing has earned placement on the VIQTORY 2024 Top Military-Friendly Employers list , in the over $5 billion category. Institutions earning the Military-Friendly Employer designation were evaluated using both public data sources and responses from a proprietary survey. Jobs magazines.
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Thought Leadership Updates with Joe Jaska
Now, That's Logistics
JULY 5, 2023
Their members play a crucial role in the global and domestic supply chains by facilitating freight. They’ve always been at the forefront of fighting fraud in the transportation supply chain through education and advocacy. TIA is a big deal in the world of third-party logistics professionals.
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Next-Generation Automation at Logimat 2023
Logistics Business Magazine
APRIL 13, 2023
A Gartner survey found that 50% of supply chain organisations worldwide will invest in artificial intelligence and advanced analytics technologies by 2024, with a view to better manage and draw insights from their data.
Penske Truck Leasing Once Again Listed Among Top Military-Friendly Employers
Penske Move Ahead
NOVEMBER 13, 2023
Penske Truck Leasing has earned placement on the VIQTORY 2024 Top Military-Friendly Employers list , in the over $5 billion category. Institutions earning the Military-Friendly Employer designation were evaluated using both public data sources and responses from a proprietary survey. Jobs magazines.
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Top 10 SCM Trends for 2024
Logistics Business Magazine
NOVEMBER 24, 2023
Things are changing in supply chain management: while cost-cutting has been at the top of the agenda for many executives for years, in future they will be increasingly concerned with the shortage of skilled workers, sustainability and resilience. At a glance: The top ten SCM trends in 2024 1. ERP silos are being dismantled 7.
Logistics Industry Sees Global Recovery Out of Reach for 2021
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%
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Rise of Technology-Infused Supply Chains
Logistics Business Magazine
DECEMBER 12, 2023
The global survey, which draws on insights from over 300 labelling, packaging, and supply chain professionals across industries in 55 countries, found that investing in cutting-edge technologies such as cloud computing, AI, and IoT solutions is no longer a tactical necessity but an enabler for business growth and agile supply chain operations.
The Weekly Freight Report for September 8th, 2022
FLS Transport
SEPTEMBER 8, 2022
In a logistics industry survey by CargoX, there are many reasons logistics companies do not quickly adopt the use of electronic trade documentation. The CTA estimates that by 2024 there could be nearly 50,000 truck driver vacancies. Being an early adopter of technology can have benefits, but first, you must get past the roadblocks. .
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How to Ensure Effective Third-Party Deliveries and Excellence in Your E-commerce Logistics Operations
Locus
MAY 2, 2023
Projections indicate that D2C e-commerce sales in the US will hit $213 billion by 2024, which makes up 16.6% A survey states that 82% of shippers rely on third-party providers to procure capacity for at least some of their orders. Apple’s D2C sales grew from 29% in 2018 to 38% in 2022. of total e-commerce sales.
COVID-19 Pandemic Triggers Surge in Global Food Delivery Industry
Logistics Bureau
MARCH 12, 2020
billion (USD) in 2020 and $164 billion by 2024. Britain: A February survey by debit and credit card operator Barclaycard found that more than a quarter of shoppers indicated they were avoiding high streets and other busy places for fear of contracting the virus. Non-contact Delivery is the New Supply Chain Endpoint.
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Revolutionizing the Industry: Discover the Top 3 Logistics Trends for 2023!
3PL Links
APRIL 26, 2023
Yet, by 2024, it will be evident that any sense of stability is a delusion. Many of these external factors have contributed to supply chain resiliency reaching new heights in the public perception. Many of these external factors have contributed to supply chain resiliency reaching new heights in the public perception.
This Week in Logistics News (May 13 – 19)
Logistics Viewpoints
MAY 19, 2023
That assessment comes as a result of 10 months of subdued demand, inventory de-stocking, and high interest rates, the New Jersey-based company said in its “The GEP Global Supply Chain Volatility Index.” billion between 2022 and 2024. The drones used heat-seeking camera to track the dirt bikes as they fled from the area.
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This Week in Logistics News (December 3 – 9)
Logistics Viewpoints
DECEMBER 9, 2022
Merchants including Dick’s Sporting Goods, Lowe’s, and Walmart say the rising stocks signal a recovery from last year’s shortages driven by supply-chain disruptions and put them in a strong position to take advantage of consumer demand this holiday shopping period. Real-estate services firm CBRE Group Inc. The largest U.S.
Bigger vehicles, bigger challenges
Automotive Logistics
NOVEMBER 2, 2018
The lack of available rail capacity for finished vehicles and the problems in getting railcars to the right place at the right time disrupted the outbound supply chain in 2017. It also now provides drivers with information on location, fuel levels, tyre pressure, mileage and service scheduling via an app.
This Week in Logistics News (June 24 – 30)
Logistics Viewpoints
JUNE 30, 2023
The Home Depot is undergoing a $500 million cost savings push that will see the company reduce its supply chain holding capacity, EVP and CFO Richard McPhail said during a June 13 investor and analyst conference. The home improvement retailer expects to complete the effort in fiscal year 2024.
This Week in Logistics News (April 23 – 29)
Logistics Viewpoints
APRIL 29, 2022
In that spirit, a number of freight- and supply chain-focused companies and at least two federal agencies used the annual observance of Earth Day to publicize what they are doing or plan to do to help the environment, promote sustainability and reduce emissions. 1 of the year following the end of the vehicle’s minimum useful life.
Can Mobile Robots Solve Skills Shortage?
Logistics Business Magazine
JUNE 1, 2023
In its special report called: ‘Shortfall in UK Labour Supply to Persist’ it detects a ‘curious movement in the UK work demographic’, with a significant proportion of over 50s having left the workforce, and estimates that had the UK’s labour force continued to grow at its 2015-2019 trend rate, it would be around 2.5% bigger than it is today.
Fulfilment technology is key to DTC success
Logistics Business Magazine
DECEMBER 21, 2022
We expect it will add almost another $100bn in the next three years, reaching $212.90bn by the end of 2024. In line with this, a recent survey by Emplifi polling consumers across the UK and the US, found that 86% will leave a brand they were once loyal to after only two to three bad customer service experiences. A route map forward.
This Week in Logistics News (September 17 – 23)
Logistics Viewpoints
SEPTEMBER 23, 2022
EU proposes supply chain emergency powers, spooking business. The seasonal hiring total is smaller than last year when Walmart added 150,000 mostly permanent and full-time associates, as well as 20,000 supply chain workers to help alleviate logistic bottlenecks. Walmart plans to hire 40,000 workers for the holiday season.
This Week in Logistics News (November 27 – December 3)
Logistics Viewpoints
DECEMBER 3, 2021
According to the annual survey by the National Retail Federation (NRF) and Prosper Insights & Analytics, nearly 180 million Americans shopped during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday. Black Friday is in the books, and unsurprisingly, it was a big one. That’s all for this week.
A rising tide – with political undercurrents
Automotive Logistics
JULY 17, 2018
vehicles to the US last year, an increase of 8.1%, despite its light vehicle assembly dropping by 400,000 units to 2m with no sign of a recovery through to 2024. A vehicle terminal at the new location is planned for the second stage, which will be completed by 2024. Canada exported 1.8m Threats and promises.
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