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60% of Warehouse Leaders Plan to Deploy RFID by 2028

Logistics Business Magazine

Zebra Technologies Corporation today released the findings of its 2023 Global Warehousing Study, which confirmed 58% of warehouse decision-makers plan to deploy radio frequency identification (RFID) technology by 2028 which will help increase inventory visibility and reduce out-of-stocks.

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Potential Impact Of COVID-19 On Logistics Finance Market Analysis 2020-2028

247 Customs Broker

Global Logistics Finance Market Report assistances industry leaders to make confident capital investment decisions, develop strategic plans, optimize their business portfolio, innovate successfully and operate… The post Potential Impact Of COVID-19 On Logistics Finance Market Analysis 2020-2028 appeared first on 24/7 Customs Broker News.

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June 21, 2023 Update

Freightos

The tentative agreement that will head through a ratification process over the next couple months reportedly includes a $70 million bonus and a gradual 32% wage increase for union members through 2028. Europe prices ( FBX11 Weekly ) increased 10% to $1,325/FEU , and are 88% lower than rates for this week last year.

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Choosing Between Leasing or Buying Trucks for Your Fleet? Penske Can Help.

Penske Move Ahead

Trucking's Operational Costs Continue to Rise According to a recently updated report by the American Transportation Research Institute (ATRI) based on collected industry data, the 2018 average marginal cost per mile in the trucking industry grew 7.7%, year over year. times – that's roughly 160,000 drivers. It's one less thing on your plate."

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Improving Transportation Infrastructure Management with IoT

IoT World Today

The companies that construct and operate such infrastructure are starting to understand IoT can play an important role in monitoring and management of their structures. The decision of what to do about it goes back to the operations and engineering staff that manage it, but we allow them to make that decision very rapidly.”.

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Private Fleets or Outsourced Logistics? Which is Better?

Trinity Logistics

Fewer decisions are bigger than deciding whether to operate a private fleet or outsource. Some companies believe operating a private fleet gives them more control over the business and operating costs. According to FleetSeek.com , a database of trucking operations, 344,657 private fleets are operating in the U.S.

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Uber Says Autonomous Trucks will Increase Driver Jobs

247 Customs Broker

In a recent blog post, Uber says it has done some deep analysis on this key issue and finds that under all scenarios it has constructed, total trucking jobs will actually increase in the US through 2028. . as shown in the chart below: . . . .