Remove 2027 Remove Freight Remove Warehousing
article thumbnail

This Week in Logistics News (July 20 – 26)

Logistics Viewpoints

and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. And now on to this week’s logistics news.

article thumbnail

3PL vs 4PL: How to Know Which One is Right for You

GlobalTranz

Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding.”. It includes brokerages and freight forwarders, but there comes a point at which simply outsourcing to a single 3PL or even several 3PLs grows too complex to handle. from 2019 to 2026.”.

3PL 210
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

By contrast, the third-party logistics model is where a manufacturer retains oversight of its supply chain but outsources such processes as warehousing, shipping, packing, and distribution to a 3PL provider. million USD by 2027, growing at a CAGR of 4.5 percent between 2020 and 2027. What is 3PL? million USD in 2019.

article thumbnail

This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

The executive director of the Port of Los Angeles thinks a tentative agreement between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) on a new labor contract is imminent. “I Colorado also adopted the rule but will have a heavy duty truck provision begin in 2027.

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. At the end of 2021, ocean freight rates were more than three times what they were throughout 2020. In November 2021, global air freight traffic (measured in tonne-kilometres) saw a 3.7% Bloomberg).

article thumbnail

The 10 inventory management trends to watch for in 2022

Unleashed

Multi-warehousing efficiencies. Warehouse automation. And in terms of inventory management the cloud is key to: Tracking inventory location and levels in real time, even for remote warehouses. Warehouse and logistics staff can use portable technology to improve efficiency at work, such as scanning and picking.

article thumbnail

Supply Chain KPIs & Metrics: Our Top 24 for Manufacturers

Silvon Software

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Freight Bill Accuracy. It is a ratio of the total freight invoices free of errors compared to the total freight bills.

Metrics 81