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National Private Truck Council (NPTC) Survey Highlights Value, Performance of Private Fleets

Penske Move Ahead

The National Private Truck Council 2021 Benchmarking Survey Report provides fleets with new industry standards to evaluate performance and identify opportunities for improvement. Private fleets typically handle about 2/3 of the outbound flow of goods and work with third-party carriers to handle the rest. By "Move Ahead" Staff.

Survey 55
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Key challenges and solutions for the fabricated metals industry

SYSPRO Smarter ERP

The fabricated metals industry operates with a low margin in a highly competitive market and material availability, production schedules and workforce skills must align to meet customer expectations. The metal fabrication industry faces challenges in finding and keeping qualified welders, finishers, and assemblers.

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Happy New Year: Here’s the 7 things shippers need to know about the Q1 2021 freight market

FLS Transport

And a final look at the Outbound Tender Rejection Index shows trucking capacity is indeed tight as we head into Jan: Note: Rejections are double the ’18 and ’19 values. Industrial production and manufacturing are also coming back online. Of course, the annual RFP has been a staple of the industry for 25 years.

Freight 52
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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. Remember that unlike outbound logistics, opportunities for process optimisation are scarce when it comes to returns, since they are unplanned and erratic in frequency.

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Reverse Logistics: Who Does it Well?

Logistics Bureau

In addition, returns typically cost more to handle than outbound shipments – 3 to 4 times more for traditional retail companies, for example. There is no one-size-fits-all solution for reverse logistics even within the same industry sector. Some estimates put product returns at 6% of total sales revenues.

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7 Reasons Why the Supply Chain Matters to Business Success

Logistics Bureau

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. Now for those statistics I mentioned. Conversely, just 8% of businesses with less capable supply chains report above-average growth. Supply Chain Network Design.

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Transportation’s Tricky Balancing Act

247 Customs Broker

Furthermore, many shippers who rely on inbound and outbound transportation to bring in raw materials and distribute their finished goods may not realize the multitude of ways that transportation carriers can achieve “scale.”. This is what they mean by scalable or, more specifically, economies of scale. Many, however, use the term incorrectly.