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October 14th – 18th 2024 Supply Chain & Logistics News Yesterday, I landed back in the States from my autumn getaway. This last week, FedEx furthered its commitment to the giant panada conversation, FedEx has completed its first-ever round trip transportation of six pandas between the US and China via two separate flights.
And now on to this week’s logistics news. Secretary of Transportation, told CNBC on Friday morning that what the government is watching for over the course of the day, as the issue has been identified, is “the kind of ripple or cascade effects as they get everything back in their networks back to normal.” Pete Buttigieg, U.S.
The bill mandates that many new vehicles, beginning with the 2027 model year, contain a so-called “intelligent speed limiter.” The National Transportation Safety Board has recommended the installation of such technologies in all new passenger vehicles. And now on to this week’s logistics news.
And now on to this week’s logistics news. The responsibility for container safety is shared across the supply chain, with solutions for safer container transport including proper packing, stowage, and securing of containers, and reporting of correct weight. So, wish me luck in securing authentic University Blue Jordan IVs.
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?
Predictions for transportation management in 2016 highlighted growing stress and concern. Obviously, supply chain entities providing less-than-truckload and other modes of transportation do not want drivers under the influence of drugs or alcohol. Big Data Became Essential to Transportation Management.
The term “logistics” may be relatively new, but its general principles date back to ancient civilizations. The early Mesopotamians, Egyptians, Greeks, and Romans pioneered the principles of logistics and designed trade routes to facilitate their connections with other nations.
Transportation and logistics services provider FedEx announced this week that it has decided to spin off its FedEx Freight business unit. domestic priority parcels coupled with higher labor and transportation costs. FedExs established goal is to save $4 billion in fiscal 2025, and a cumulative $6 billion in costs by 2027.
Increased Shipping Costs, Delays, and Transportation Issues. Material Handling & Logistics ). Material Handling & Logistics ). Increased Shipping Costs, Delays, and Transportation Issues. In December 2022, The United States Department of Transportation awarded grants totaling over $241 million to support ports. (
SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. the digitisation of manufacturing. What is 4PL? What is 3PL?
The proposed vehicle and engine performance standards would cover model years 2021-2027, and apply to semi-trucks, large pickup trucks and vans, and all types and sizes of buses and work trucks. Over the past five years, our transportation department in Mexico has demonstrated continued improvement in the area of efficiency.
The World Bank has said logistical costs swallow up around a quarter of Indonesia’s gross domestic product, citing bottlenecks in supply chains, long dwelling times in ports and lengthy trade clearances. Indonesia’s e-commerce sales are set to rise from 3 percent of retail activity now to 19 percent by 2027, Morgan Stanley estimates.
Pushing the Boundaries of Sustainable Shipping How the Rotterdam-Singapore Green and Digital Shipping Corridor Project is Helping to Reduce Shipping Emissions in Practice by Refke Gunnewijk Sustainable long-haul transport is one of the biggest challenges on the way to a carbon-neutral society.
The logistics industry relies on the efficient transportation of goods between locations and line haul transportation plays a significant role in this. In 2021, in the United States alone, the total transportationlogistics costs came to around 1.2 from 2019 to 2027. from 2019 to 2027. trillion U.S.
With the trucking industry struggling to cope with chronic driver shortages and increasingly strict regulations, is road transportation being “driven” toward a future that doesn’t involve humans? This wave is predicted to begin after 2027. In 10 years, will a robot be a driver’s co-pilot on a long haul?
billion by 2027 , most large organizations are heavily invested in supply chain management technology and tools. Think of a software program that combines order management, transportation management, and supply chain optimization exclusively for SMEs. While this has been the norm, it’s not the most efficient system today.
billion by 2027. Natural disasters that cause ruin to infrastructure and disturbance to transport networks include storms, earthquakes, and floods. Port congestion at the main global crossroads in recent times has revealed the susceptibility of supply networks to logistical constraints.
All successful modern-day businesses rely on an efficient system of logistics management. This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. from 2019 to 2025.
Retailers are increasingly seeking retail logistics software to optimize their supply chains and enhance customer satisfaction amid booming e-commerce sales, projected to surpass $1.7 trillion by 2027. Locus provides numerous benefits to retail logistics operations through its multitude of features. They include: a.
With the trucking industry struggling to cope with chronic driver shortages and increasingly strict regulations, is road transportation being “driven” toward a future that doesn’t involve humans? This wave is predicted to begin after 2027. In 10 years, will a robot be a driver’s co-pilot on a long haul?
freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Supply Chain Matters highlights continued evidence that the U.S.
Indonesia’s logistics market is expected to increase by 28.7 billion US Dollars by 2027. This presents a lucrative opportunity for logistics companies such as retail, e-commerce, and other logistics providers. Addressing these challenges necessitates a strong logistics solution.
billion by 2027. . If you want to be the top dog of the industry, start with mastering transportation and getting on the shelf. . Value of a Specialized Logistics Partner . If you perceive logistics as an expense, you’re barking up the wrong tree. Did you know…? . That shelf space can be yours. .
According to the Flat World Global Solutions staff, “Labor deficits, raw material shortages and e-commerce businesses driving up demand are all leading to increased shipping and transportation prices.” One of the inflationary trends driving up 2021 end-of-year prices was the cost of logistics. billion by 2027. .
Not Torc, their then CEO said it would be 2027 by the earliest. In 2027, Torc/Daimler executives told the participants at the Albuquerque event that they were a conservative, German-owned company and the last thing they wanted to do was overpromise. Now, the CEO of Torc, Peter Schmidt, told me that the 2027 launch date looks valid.
Just prior to the Christmas holiday, global transportation and logistics services provider FedEx formally reported fiscal second quarter financial performance that fell short of expectations. The established goal is to save $4 billion in costs by fiscal 2025, and a cumulative $6 billion in costs by fiscal 2027.
Supply Chain Matters reflects logistics and transportation services provider FedEx’s latest quarterly financial performance and the warning signs for the last mile delivery services segment. domestic priority parcels coupled with higher labor and transportation costs.
Learn More About Last-Mile View Final Mile Carriers How 3PLs Help With Ecommerce Logistics Get a Fulfillment Quote from ShipBob Last-mile logistics has always been a hot topic in the world of fulfillment. Same-day delivery and last-mile logistics in North America is estimated to grow by $62.71 billion between 2023-2027.
“All great enterprises are about logistics. Not genius or inspiration or flights of imagination, skill or cunning, but logistics.” — Tom McCarthy. This was majorly due to their inability to understand and adapt to the changing logistics trends. A decade back these developments in logistics might have seemed impossible.
trillion in 2024 and nearly $8 trillion by 2027. Billions in orders mean large, costly shipments, more vehicles, and extra care in transporting these orders. Align Capacity with Orders Manual logistics systems can’t align capacity with the surge in order volumes. In the U.S.
SCM is the management of the flow of goods or services from source to destination by following activities like demand planning, raw material procurement, production, inventory management, order management, movement and storage, and transportation and logistics. dollars by 2027. billion U.S. This number was 15.85 billion U.S.
e-commerce companies, retailers, courier and parcel services, FMCGs, and many other logistics players need to comply with the DPDP. Let’s examine three main terminologies applicable to the supply chain and logistics industry: Data Principal: The individual to whom the personal data relates, also known as customers.
Background In prior Supply Chain Matters postings, we have updated readers on global parcel transportation and logistics carrier FedEx’s ongoing business restructuring effort s. The established goal is to save $4 billion in costs fiscal 2025, and a cumulative $6 billion in costs by 2027.
Additional Thoughts and Perspectives As Supply Chain Matters has pointed out in our various highlights of this and other labor contract negotiations involving global transportation, logistics and other supply chain related support services, we are in a period of higher labor activism.
It’s no secret that logistics providers are being tasked with operating in an increasingly complex, high-stakes logistics environment. Volatile fuel prices, skyrocketing OS&D costs, and ongoing labor issues force logistics providers to do more with less. Inherent Vice or Nature of Goods Transported. Act of God.
More widespread third-party logistics. Warehouse and logistics staff can use portable technology to improve efficiency at work, such as scanning and picking. This means faster shipping times, and lower transport costs. More widespread third-party logistics. through 2027 ( Allied Market Research ).
billion by 2027 , disrupting the $T12 manufacturing sector. Our customers are original equipment manufacturers (OEMs) and parts-intensive companies operating in industries like defense, electric appliances and railway/transport. A transport company, for example, worked with us to produce a part that was no longer available.
Globally, the B2B eCommerce market is predicted to reach nearly $US14 billion by 2027 , up from $US7.6 This can lighten the load of business logistics and administration and lessen costs. The onset of the Covid 19 pandemic is driving an increase in marketplace usage, and their importance is expected to grow exponentially.
09 billion by 2027 and grow at a rate of 15. 33% annually from 2022-2027. Using AMRs as take-away or transport systems will eliminate some worker travel, but warehouses will still need to optimize pick rates and minimize worker travel within picking areas. But there is still much to learn.
Today’s blog is written by a guest writer, Graham Perry, a writer at Business Tech Innovations specializing in logistics supply chain optimization. With expertise in fleet management and transportation technology, his articles empower businesses to navigate the dynamic world of logistics with peace of mind.
In his short tenure, Clark proceeded to recruit a number of additional high power executives, including former Amazon managers, to transform this digital start-up to what we perceived as beyond digital freight forwarding to a full services, almost fourth party logistics services provider (4PL).
One of many logistical challenges that was addressed by Pfizer and its designated global logistics services providers overcome was the need to ship high volumes of product at incredibly low temperature requirements along with providing in-transit temperature monitoring and alerting capabilities. billion by the end of 2027.
The implication is that with current order backlogs, A321 family production capacity is likely sold out until 2027 at the earliest. The company reportedly has close to 100 unfinished new aircraft undelivered because of missing components.
On August 16th, the Obama administration released the final rule on Phase 2 of greenhouse gas (GHG) regulations for the transportation industry. Phase 2 is more comprehensive than Phase 1, and will gradually be enforced from January 1st, 2018 until its full implementation in 2027.
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