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LastMile Dialogues: Maximizing unit economics to unlock last mile efficiencies

Locus

billion by 2027, at a (CAGR) of 4.61% from 2022-2027. The post LastMile Dialogues: Maximizing unit economics to unlock last mile efficiencies appeared first on Locus Blog. According to studies, year-on-year CEP revenue growth is expected to reach $394 billion in 2021, up from $333.9 billion in 2020. billion in 2021.

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The State of the TMS Market

MercuryGate

billion USD by 2027. from 2018 to 2027. The state of the global transportation management system (TMS) market is changing. According to Marketers Media, the global TMS market will swell to more than $486.44 This reflects a compounded annual growth rate (CAGR) of 19.2%

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The impact of new technology on manufacturing education

SYSPRO Smarter ERP

Challenges to skills development in manufacturing The WEF reports that the challenge for manufacturers is that while 60% of workers will require training before 2027, only 50% have access to adequate training opportunities. Recent research has highlighted some concerning issues around skills development.

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Retailers, Customer Delight is Tied to Exceptional Delivery Experiences

Locus

billion in 2024 and has the potential to reach $191 billion by 2027. Out of all the countries in SEA, Indonesia is shown to be the major driver of e-commerce growth in the region, with user size of 138 million and revenue of $61 billion in 2023 and is said to reach $104 billion by 2027.

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In Focus: Achieve Last Mile Excellence by Handling Your Logistics Teams Better

Locus

million by 2027. The post In Focus: Achieve Last Mile Excellence by Handling Your Logistics Teams Better appeared first on Locus Blog. North America has been the primary global driver of overall e-commerce growth, second only to China. This growth is paving the way for the expansion of the last-mile market by 14.85% in the continent.

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Idle No More: Tackling Vehicle Idling in Last-Mile Logistics

Locus

This blog explores the concept of vehicle idling in last-mile delivery, its consequences, and why it demands our attention. With the last-mile delivery market projected to exceed $200 billion by 2027 , larger trucking fleets would be required to meet delivery demands.

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Can Retailers Reinvent the Last Mile? The Trillion-Dollar Question

Locus

trillion by 2027. The Trillion-Dollar Question appeared first on Locus Blog. US retail e-commerce is on a meteoric rise, thanks to the high levels of convenience that comes with the experience. Statista forecasts that its revenue will hit a whopping $1 trillion in 2023 and skyrocket to $1.5 Book a Demo Today!