News

Surging Optimism Buoys SMBs

Despite the upheaval businesses experienced in 2020, optimism has now surged past pre-pandemic levels, and many leaders from small to mid-size businesses (SMBs) report being well-positioned for growth in the year ahead, says Umpqua Bank’s annual report. Key findings from the survey include: Positive Outlook Positivity has roughly doubled since 2020, with expectations for economic […]

Going the Distance

As we move into 2021, social distancing is a top priority for C-level executives. While they manage their business with social distancing, the protocols aren’t ideal for productivity, finds a survey by consulting firm West Monroe. More than half say they primarily work remotely to avoid social distancing, and 40% say it’s the biggest hindrance […]

Intermodal Bounces Back

Strong intermodal volumes will continue as retailers replenish their inventories, says CSX Transportation and Canadian National Railway (CN). Intermodal traffic, which halted with the rest of rail volume when the pandemic began, bounced back faster than carload volumes and is surpassing 2019 levels. U.S. intermodal volume was up 10% and CN’s intermodal business was up […]

Top 25 Healthcare Supply Chains

Johnson & Johnson maintains its No. 1 spot on the Gartner Healthcare Supply Chain Top 25 list, which recognizes companies that advance healthcare by improving patient outcomes and controlling costs. Baylor Scott & White Health, Johns Hopkins Health System, Indiana University, and Biogen join the ranking for the first time. The healthcare leaders in 2020: […]

Time-Critical Shipments Speed Up

Calculating the optimal route for time-critical shipments used to take a nail-biting 30 minutes or longer. Thanks to a new routing solution, created by technology company Airspace, shippers can calculate the best path for transporting goods to their destination at the lowest cost and risk. The platform spits out results in less than one second—a […]

Vertical Focus: Food & Agriculture

Reimagining the Future of Food The agriculture industry should consider these changes to prepare for inevitable future disruptions, a CropLife report says: Redesign. An ultra-responsive supply chain is needed to keep up with changing trade policies and supply dynamics. One example: Nutella’s hazelnuts come from Turkey, its cocoa from Nigeria, and its sugar from Brazil. […]

E-Shoppers: It’s a Mall World

Online shoppers across the globe are buying from marketplaces and international retailers, relying more on digital devices and seeking alternate delivery options, according to the latest UPS Pulse of the Online Shopper study. Almost all online shoppers in the markets surveyed shop at marketplaces—third-party e-commerce sites that let multiple merchants sell products. In Mexico, 99 […]

Supply Chains Under Construction

Home Improvement on a Winning Streak

The pandemic continues to boost sales for home improvement retailers as consumers spend much of their time at home. Total retail sales in the category were up 11% in July 2020 year over year according to the Department of Commerce (see chart), and consumer spending in the home category soared in April 2020 after stimulus […]

Air Cargo’s Gradual Takeoff

The gradual movement toward recovery to pre-COVID market conditions continues for the global air cargo industry (see chart), according to data from CLIVE Data Services and TAC Index. Year-on-year growth for the full four weeks of August 2020 showed a further narrowing of the gap in international air cargo volumes to -17% versus August 2019. […]

Shaping Future Supply Chains

Supply chains face an evolution that will change how chief supply chain officers (CSCOs) operate, according to a Gartner report. The following trends will shape the supply chain’s future, the report says: 1. The rise of digital business. Many CSCOs struggle to create a holistic digital roadmap. At the same time, they face pressure from […]