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October 14th – 18th 2024 Supply Chain & Logistics News Yesterday, I landed back in the States from my autumn getaway. Song of the week: The post October 14th- 18th Supply Chain & Logistics News appeared first on Logistics Viewpoints.
October 21st – 24th Supply Chain & Logistics News Round Up This past week, I returned to the Tampa Bay Area to visit family and see the lasting effects of back-to-back hurricanes. Now let’s get to the Supply Chain & Logistics News for the week! Nauto and Beans.ai
The FLR adopts the International Labor Organizations definition of forced labor and mandates the European Commission to issue guidelines by June 2026 to aid compliance. The post Navigating the Complex Landscape of ESG and Forced Labor Regulations: Insights from IBM’s Conference appeared first on Logistics Viewpoints.
I thought this was a very topical introduction to this week’s Supply Chain and logistics news Canadian Railroad Work Stoppage Threatens U.S Volvo Wins Bid for 300 Electric Trucks from DSV Announced on Thursday, Volvo received an order for 300 electronic trucks from Danish logistic firm DSV. billion in the first half of the year.
It adopts the International Labor Organizations definition of forced labor and mandates the European Commission to release compliance guidelines by June 2026. The post New Study Shows Global Trade Compliance Is Not Slowing Down Any Time Soon appeared first on Logistics Viewpoints.
And now on to this week’s logistics news. Applications are due by July 2021, with the program looking to reduce deforestation between 2022 and 2026. The distribution hub will be operated by XPO Logistics Supply Chain, which has already started hiring. You can watch the full spot here ; I won’t spoil the outcome for you.
Already upended for two years by the COVID-19 pandemic, the worldwide logistics industry is facing new challenges. If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges.
And now on this week’s logistics news. Robots are continuing to become key components in the logistics space. A strong uptake in collaborative robot usage within the medical, education, logistics, and catering fields will likely drive that market to grow to three times its 2021 size by 2026. That’s all for this week.
And now on to this week’s logistics news. The Tern RC8 also features an e-Axle from Dana for optimum efficiency and battery cells supplied and manufactured by Panasonic Energy, initially in Japan before transitioning to De Soto, Kansas from 2026 onwards. I highly recommend watching the movie when you get a chance.
As online shopping continues to grow – retail e-commerce sales are expected to make up nearly a quarter of total retail sales worldwide by 2026 – returns will become more prevalent. Reverse logistics is difficult and costly. Moving Forward: Reverse Logistics Technology. In the U.S, Who pays the price?
This added responsibility for companies will have lasting effects on business operations, corporate partnerships, supply chain logistics, compliance requirements, and data integrity. The post Stringent Reporting Regulations Require Data Integrity appeared first on Logistics Viewpoints.
Learning the difference between third party logistics (3PL) and fourth-party logistics (4PL), as well as 1PL and 2PL, and the rise of even fifth-party logistics (5PLs) is becoming increasingly sophisticated and valuable for driving successful supply chain operations. What is the difference between 3PL and 4PL?
The APAC automated storage and retrieval systems (ASRS) market is forecast to grow at a CAGR of about 10% between 2021 and 2026. Logistics automation has been on the uptrend for several years, and COVID-19 has only accelerated this trajectory. The Green Corridor – Optimal Tech for Green Logistics – Making Emissions Visible.
The global cold chain logistics market is likely projected to grow at a 17.9% compound annual growth rate through 2026. Cold chains are an integral part of the global supply chain and logistics networks. Everything from produce to medicines and now even the COVID-19 vaccines need cold chains to be ferried.
Zulu Associates, a Belgian innovator in marine logistics that focusses on smaller vessels, expects to put small autonomous container ships into the English Channel or Southern North Sea by 2026. The post The Future of Autonomous Supply Chains Part 1: Autonomous Shipping appeared first on Logistics Viewpoints.
I am continuing to work on my latest Transportation Execution and Visibility Systems study, which looks at the total size of the market, the forecasted growth through 2026, and the leading suppliers across a number of categories including industry, region, customer size, and mode. Too often visibility is pigeon-holed into outbound logistics.
This drives an additional revenue contributions while adding strong growth potential across our data, solutions and platform business, supporting us reaching breakeven by the end of 2026. Stay tuned for more updates on our journey and our latest innovations in the logistics industry. The team is also a fantastic addition.I
I will soon be publishing the 2021 base-year study with a five-year forecast through 2026. Vanderlande is a member of Toyota Industries Corporation within the Toyota Advanced Logistics Group. KNAPP offers integrated warehouse systems and logistics software solutions. Contact us for more information.
Partner with an expert before another year passes Returnuary is an annual event, which means retailers have 12 months to prepare for the 2026 post-holiday season. Start taking strategic action right now, so youre ready for a successful Returnuary 2026.
Trends Transforming Logistics and Supply Chains In the MENA Region in 2023. by Dr Shereen Nassar , Global Director of Logistics Studies and Director of MSc Logistics and Supply Chain Management Suite at Heriot-Watt University Dubai. billion USD by 2026. Flexibility for Resilient and Optimised Logistics and Supply Chain.
billion in 2017 and is expected to surge to over $8 billion by 2026. The post The Plant-Based Meat Supply Chain appeared first on Logistics Viewpoints. All of these entrants to the market, and the ongoing public acceptance and willingness to buy these products, means big bucks. And these could be very conservative estimates.
billion in 2026, representing 30 percent growth per year. The post Listening to the Voice of the Warehouse Worker –5 Factors Impacting Employee Attraction and Retention appeared first on Logistics Viewpoints. Robotic automation in the warehouse has exploded over the past decade and shows no signs of slowing down.
The warehouse automation market is forecasted to grow at a CAGR of approximately 14% and be worth USD 30 billion by 2026. The post Cracking the Code for AI in the DC appeared first on Logistics Viewpoints. The quest to deliver faster, better, and cheaper leaves operators turning to technologies like AI to try and crack the code.
With a digital twin, you could run scenarios to see how a new distribution center would affect your logistical costs, or how fulfilling an order from your warehouse in Pennsylvania would be more efficient than fulfilling from Kansas. This would increase efficiency, lowering inventory and logistics costs while still meeting customer demand.
Velocys is building a new biorefinery in Mississippi that is scheduled to begin commercial delivery of fuel in 2026. The post Southwest Airlines’ Flight Path to Carbon Neutrality appeared first on Logistics Viewpoints. Velocys will synthesize biofuels out of forest residues at this facility.
DHL Supply Chain, one of the world’s leading contract logistics agencies, progressed in its sustainability efforts by partnering with Sembcorp to develop a 1.24MWp rooftop solar energy system at their 81 Alps Avenue warehouse facility in Singapore. Cache Logistics Trust, Singapore. YCH Logistics, Singapore.
Two companies, global parcel and logistics carrier FedEx , and global container shipping firm Hapag-Lloyd recently reported warnings related to 2025 financial performance. Hapag-Lloyd Warns on Profitability Last week global container shipping and logistics services provider Hapag-Lloyd warned of significantly lowered earnings this year.
The global logistics automation market has been growing at a Compound Annual Growth Rate (CAGR) of 12.4% By 2026,… since 2020, the highest growth rate of any supply chain market.
Although every part of a parcel’s journey from source to recipient has experienced increased congestion in the past few years, last-mile logistics suffers the most. In early 2020, online shopping increased 74% and projections point to the surge continuing up to 200 billion packages annually by 2026.
trillion by 2026, surpassing the current GDP of all European Union member states combined. As retailers prepare to navigate this vast sea of potential sales, understanding the intricate world of logistics becomes imperative to streamline operations and enhance efficiency. Impact of Mega Distribution Centers in Logistics 8.
He says, “I believe that collaborative logistics platforms demonstrate and validate the need for the physical Internet. The Alliance for Logistics Integration through Collaboration in Europe (ALICE), a platform funded by the European Community, shares this view. In many ways, they are forerunners to it. Where does such change begin?
Material Handling & Logistics ). Material Handling & Logistics ). Logistics Management ). Logistics Management ). Logistics Management ). Demand container capacity is expected to exceed the actual capacity available through 2026. How the Supply Chain Crisis is Impacting Businesses and Consumers.
As part of our ongoing commitment to keep our blog readers updated on what’s happening in the supply chain and logistics world, we’re launching a regular industry news roundup, which we’ll release periodically. That spells big trouble ahead for food producers and agricultural enterprises reliant on such commodities.
Deloittes 2023 Logistics Outlook reports that 72% of logistics firms are adopting RaaS, enhancing cash flow and enabling new automation and capacity flexibility. trillion by 2026, growing at a 7-8% CAGR. Breaches can cause costly operational shutdowns for logistic operations. Customers Will Demand RaaS Solutions.
In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. As a result, it can help logistics companies to optimize inventory levels, reduce waste, and minimize the dreaded stockouts. billion by 2026.
First up was UPS’ plan to reduce Amazon volumes 50% by the second half of 2026. Revenue within its forwarding and logistics businesses increased $282 million. And logistics revenue grew by 16.2%. Rethinking supply chains is a reader-supported publication. Indeed, for 2024, Amazon made up 11.8% of UPS’ total revenue.
billion USD by 2026, if not before then. billion (USD) by 2026 at a CAGR of 9.1 percent from 2018 to 2026. The switch to external online supply chain and logistics training is likely to save resources and costs—especially for companies that require supply chain management but do not consider it a core business activity.
The ATA estimates the shortage could reach 50,000 by the end of 2017 and could even grow to 176,000 by 2026. For the past several years he has been focused exclusively on research and prototyping of innovative / emerging new solutions for the supply chain and the logistics industry. And the silver lining?
In a 2016 survey conducted by MHI and Deloitte, a logistics industry group, 35% of respondents said they’d already adopted robotics to maximize their supply chain optimization. The same report suggested that in 10 years that number will rise to 74%.
The separation is intended to be completed in the second half of 2026 and in a manner that is tax-free to Honeywell shareholders. The planned separation, coupled with the previously announced plan to spin Advanced Materials, will result in three publicly listed industry leaders with distinct strategies and growth drivers.
Third-party logistics, or 3PLs, help outsource business operations such as supply chain and logistics. The global demand for 3PL (third-party logistics) services is increasing due to the rapid rise of e-commerce. trillion by 2026 due to the COVID-19 epidemic. Get your copy of the Logistics Success Playbook .
billion by 2026. Logistical challenges faced by home service businesses. Check Out: Streamlining last-mile logistics for Services-based Companies. Locus’ automated solutions are backed by data science and cutting edge AI for end-to-end logistics optimization and can power businesses for their future goals.
As it happens, logistics and supply chains lend themselves to new and emerging technologies and logistics trends. It represents a foundation for the transformation of logistics and supply chain management. 4 Trend: Blockchain This is a breakthrough technology that has great utility for logistics.
Logistics and transportation technologies provide powerful modern digital fleet tracking so that companies can track their shipments and fleets across land and sea, all over the world. .” As Davis notes, “Risk-resilient supply chains integrate design, planning, manufacturing, logistics, maintenance, and service.
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