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Our first post covered the Top 5 Freight Management blogs of 2016. Today's post will cover the top 5 logistics blogs from 2016 so far. Top Logistics Blogs from the First Half of 2016 So Far. It was clear that the logistics blogs category most top viewed blog posts from the first half of 2016 included many aspects of logistics.
For Maersk, June of 2016 was the breaking point. After a rough 2015, the first half of 2016 was no different. Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Post-2016 Strategy: End-to-end Shipping.
In 2016 many companies abandoned their fixed-price contracts to avail themselves of the low spot market. Conversely in 2021 when rates were sky high, suddenly companies that had negotiated fixed rates couldn’t get their cargo on the ship without paying an extra premium surcharge. But seriously, what does it mean?
Even items that were traditionally reserved for air – like cellphones and other high-value items – are now occasionally shipped by ocean. Q3 of 2016 reinforced what we already know – it’s a tough time to be an ocean carrier. Shipping it back is even cheaper. Let’s put that into prospective.
From increased affordability and efficiency of the transportation management system (TMS) to the application of Bluetooth technology for superior tracking of product movements, 2016 will be the year in which technology becomes an integral, if not the exclusive, part of the shipping process.
The MAPI Foundation recently released predictions for how the supply chain will grow and evolve from 2016 to 2018. However, the supply chain of 2016 is looking different from what economists had expected, and the supply chain is battling many problems. Consumers do not want to pay large shipping costs. Leadership Is Missing.
Global shipping is national news with most stories covering the symptoms. Since 1990, the size of ships increased 3X, but the design of the west coast ports remained largely unchanged. meters, to accommodate ships with 20 rows of containers) and 15.2 meters, to accommodate ships with 20 rows of containers) and 15.2
The shipping industry of 2016 is a gross misrepresentation of what was considered “normal” shipping practices in the 1980s or 1990s. Essentially, AIDC provides a non-human way to automatically provide updates to a shipment status as the shipment moves throughout the shipping process.
Container Shipping There have been recent reports publicizing the rapid decline in container shipping rates. However, if one pans out and takes a longer-term look at container shipping rates, it becomes evident that rates are really more “normal” now than they were over 2021 and 2022. Today these factors appear insignificant.
But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed. I decided to take a look at quarterly changes in worldwide merchandise export volumes from 2016 to 2023.
The Top 6 Trends in Logistics Impacting Shippers in 2016. Today, the tech devices that entered the market in early 2016 are obsolescent, and more companies are looking for real-time data-driven decision making opportunities through the Internet of Things (IoT). Like 2016, logistics providers will be tested for weaknesses in 2017.
Wal-Mart’s next move against Amazon: More warehouses, faster shipping (Reuters). As reported by Reuters: The world’s largest retailer is now on track to double the number of giant warehouses dedicated to online sales to 10 by the end of 2016, according to Justen Traweek, vice-president of e-commerce supply chain and fulfillment.
As a logistics service provider, focusing on over-the-road surface transportation management solutions via technology and managed transportation services, we find the following information on the history of shipping containers of great significance to the logistics and supply chain community at large. Readers' choice! Significance.
The History of the Shipping Container. 26 April 2016 marks the 60th anniversary of the maiden voyage of the Ideal X and the birth of modern container shipping, a development that played a critical role in spurring the global economy. But the modern shipping container has changed much more than one industry.
That is how I described the conditions in Death Valley, CA the first time I cycled 102 miles there in 2016 (see Logistics Leaders for T1D Cure Team page from that year for more details and photos). Imagine hell during a heat wave, then add 35-50 mph crosswinds. I cycled in Death Valley again last.
Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea. The disruptions are at a key point for ships passing through the Suez Canal and are creating ripples across supply chains in Europe and the U.S., And now on to this week’s logistics news. East Coast.
It is no longer bound by the traditional constraints of the economy, and Amazon is gearing up to begin expanding to be the best of the global freight shipping providers. As a result, your company needs to think about these freight shipping trends and how you can prepare to respond to them as soon as possible.
The quarter ended on a somber note for digitization, as a global cyber attack called Petya infiltrated Maersk Line’s systems, leading to a freeze on new bookings of containers on Maersk ships and halting operations at APM terminals for a couple of days. Download the full report now. DOWNLOAD REPORT NOW.
Founded in 2016, and located in Fort Wayne, IN, Princeton TMX provides an intuitive user experience, configured to meet specific business requirements and streamline, automate, and optimize all modes of transportation. Mark is the Chief Executive Officer off Princeton TMX , a SaaS-based transportation management system (TMS).
Why Tech Giants Are Focusing on Trucks and Ships. to ship a 5 lb package the full distance from Shenzhen to Los Angeles. Basically, the 7,236 miles from China to the US may have the same shipping costs as the last mile. Amazon hasn’t shied away from expensive shipping; it spent a full $3.9 billion on shipping in Q3 2016.
It came as large and small businesses were working on contingency plans in the event of a strike, which would have spiked shipping prices and scrambled supply chains. JD.com, the Beijing-based e-commerce company founded by Richard Liu Qiangdong, on Wednesday lowered its free-shipping minimum order to 59 yuan (US$8.2) from 99 yuan.
Aging Workforce - The second most prevalent driving force behind the increased use of warehouse robots, loading, unloading, and delivery revolves around the number of workers within the packing and shipping industry. Millennials are part of this trend.
trillion in 2016, according to the U.S. percent in 2016. Whether you are a retailer, carrier, cloud services provider, or eCommerce merchant, Amazon not only effected the landscape of e-tail but the landscape of shipping and logistics as a whole. trillion, a 3.8 percent increase compared with $3.37 Commerce Department.
billion dollars of US venture capital was invested in the first quarter of 2016. Better last mile shipping. Persistent growth in ecommerce, door delivery and expectations for “free” shipping have many in the industry talking up the potential for drones to change the industry. A whopping $13.92 Moving data better.
However, Amazon is shaking up the mix by seeking to make today’s e-commerce practices obsolete, and shipping and logistics providers need to understand why. Customers have the option to have products shipped to home or the store, and this eliminates any confusion about how much space is needed within each store.
Earlier this year, we wrote about Amazon’s secret plan, dubbed “ Operation Dragon Boat ,” which outlined their goal of becoming a full-fledged shipping company. However, there is still a lot of unknowns about how Brexit will affect Britain, Europe, and the shipping industry. Amazon Will Continue to Expand on “Operation Dragon Boat.”.
Walmart added new functionality that lets sellers purchase shipping labels for domestic orders on its marketplace. Ship with Walmart (SWW) was previously available only for cross-border orders. The feature is standard on other major marketplaces, offering sellers reduced shipping rates and integrating with their platforms.
Cass Truckload Linehaul Index – September 2016. Manhattan Associates Reports Record Third Quarter 2016 Performance. Driver-Screening Firms Draw Scrutiny (WSJ – sub. ATA Truck Tonnage Index Fell 5.8% in September. Delivery Workers For Instacart, Postmates, And Uber Are Teaming Up For A Better Deal (BuzzFeed).
In 2016, this port handled 1.1 As if the situation wasn’t bad enough, Hanjin, the huge shipping company, was already in bankruptcy as of early September and putting a delay in the arrival of goods well before the hurricane. They would be handling maybe twice as many ships in a typical set of days. of total U.S. The theme here?
What kept nagging at me though is that the presentations were largely about “righting the ship” rather than “moving from ship to air.” The post NASCES 2016: End-to-End Supply Chain Management Transformations appeared first on The 21st Century Supply Chain. The general theme of the conference was about transformational change.
The monthly subscription option was introduced in 2016 as a way to reach low- to middle-income shoppers. Breaking it down, the three sources of the price increase appear to be 1) labor costs, 2) transportation (shipping) fees, and 3) member benefits – aka, content. Shipping and Transportation Costs.
Some sellers have said their customers return items at a higher clip on Amazon than when bought from other outlets, a discrepancy they chalk up to Amazon’s easy checkout process and fast Prime shipping. America shipped, received and returned 21.2 percent annual growth rate from 2016 through 2022. By 2028, annual U.S.
Patent: Aquatic storage facilities Date Filed: September 2016 This is the most far out there patent for me (but actually makes sense) and proposes to store inventory in giant pools of liquid submerged under the ground or by temporarily storing parcels in lakes or rivers. So, why does Amazon want to do this?
In 2016, LEGO and Old Navy chose supply chain professionals to lead their organizations. We’re wrapping up 2016 with a recap of eleven logistics technology trends that shaped the year; and will change how goods are produced, shipped and consumed in 2017. Download the full Q4 2016 LogTech report for 50+ updates.
Parcel shipping continues to redefine the standards in supply chain processes. And going as far back as 2016, McKinsey & Company explained the relationship between parcel and peak season, “in mature markets, volumes could double over the next.read More. Fill out the Form Below to Get a Free Copy of the White Paper to Your Inbox!
Dropping profit margins – Hanjin’s bankruptcy in late 2016 capped a difficult year for carriers and 2017 hasn’t been much better. With 22,000 TEU mega ships exacerbating surplus capacity, the situation is unlikely to improve any time soon. Next came the mid-2016 launch of the Freightos Marketplace. Digital Forwarding.
A version of this article originally appeared in The Journal of Commerce (August 6, 2016). Plummeting freight rates mean that under 50% of logistics providers turn a profit on ocean shipping, while threatening competition from industry newcomers like Amazon and Alibaba spell out unprecedented challenges for the logistics industry.
Besides, these risks are much more serious (for example, there were about 134,000 reported cyber-attacks on businesses in 2017 , or almost 50 percent increase from 2016). For example, Supply & Chain Executive reported that there were 260 major natural disasters in 2016 that resulted in an economic loss of $211 billion.
Therefore, a company like BASF with a mature supply chain ranks 25 out of 30 for the post-recession period of 2010-2016. Orbit Chart of Dow Chemical and BASF for the Period of 2006-2016 and Performance Data for the Chemical Industry. Performance Data for the Chemical Industry for 2006-2016. I find the discussion stimulating.
As recently as 2016, the state of e-commerce logistics triggered a rush to expand warehousing. International shipping and fulfillment grew more complex with time, and the demand for more efficient operations replaced the need to develop services. Offer customized, personalized products and services. What Does It All Mean?
What happened in 2016. Take a look at the range in carrier prices for forwarders along one the world’s busiest routes (Shanghai to Long Beach, CA), in a data snapshot from mid-December 2016. Range of Carrier Prices 40’ CNSHA->USLGB, Single Day in December 2016. If one word defined ocean freight in 2016, it was overcapacity.
He moved from Ireland to Texas and became a citizen in 2011 About Overhaul Founded in 2016 and with offices around the world, Overhaul is the only device-agnostic supply chain visibility and risk management software company. Tusk save Shippers 40% or more on small parcel shipping.
Unbelievably, the capacity crunch is back the shipping headlines. Now, the shipping and transportation industry faces unprecedented capacity problems, and the upcoming ELD implementation deadline will exacerbate the issue. A shipping capacity crunch is not a once-in-a-lifetime event. In April 2017, William B. Gross of JOC.
2016 - $7 billion. Transportation management systems are evolving to include information before products were even shipped, such as manufacturing or warehousing data. In-transit visibility, or the ability to see exactly where a product is at during shipping, is being enhanced at phenomenal rates, reports Business 2 Community.
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