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Air Cargo Gains Altitude
Air cargo levels are showing signs of rebounding to pre-pandemic levels. North American carriers reported a 5.1% decrease in demand in 2022 when compared with 2021, but capacity increased 4.2%, according to the International Air Transport Association. Comparing these figures with 2019 shows demand at 13.7% and capacity at 8.2% above pre-pandemic levels. Here are […]
Read MoreLook Ma, No Hands
As autonomous driving gains some traction, transportation companies are building partnerships to bring self-driving trucks from concept to reality. To that end, Ascend, a truckload carrier that offers middle-mile supply chain solutions, partnered with Volvo Autonomous Solutions (VAS) to test autonomous, long distance linehaul options. As part of the pilot, Ascend will pick up customer […]
Read MoreWar in Ukraine Squeezes Shipping
More than one year after Russia’s initial invasion of Ukraine, global supply chains are feeling the impact. In the months after the invasion, total vessels moving in and out of Ukraine dropped from 109 in January 2022 to just two in June 2022, according to data tracked by project44. Combine the lack of vessel movement […]
Read MoreWith a Little Help From My Friendshoring
For more than 40 years, economic policies encouraged companies in the developed world to move production offshore to reap the benefits of cheap labor and raw materials. But times are changing.
Read MoreBye, Bye Barcode?
For more than 70 years, the barcode has been an integral component of nearly all supply chains. But is the ubiquitous technology taking its last breaths after Amazon announced it is developing a new warehouse reader technology?
Read MoreSnail Mail Goes Green
The United States Postal Service (USPS) is ready to deliver your mail greener and quieter. As it begins to replace its aging fleet of more than 220,000 vehicles, USPS expects to acquire at least 66,000 battery electric delivery vehicles as part of its 106,000 vehicle acquisition plan between now and 2028. As part of a […]
Read MoreFollow the Process
Process automation plays an important role in building supply chains, finds a benchmark report from Precisely and SAPinsider.
Read MoreWhat Keeps CEOs Up at Night?
Fears of inflation, recession, and overall slow growth are the top worries interrupting the sleep of many CEOs around the world.
Read MoreSMBs Find Ways to Compete
The business disruptions of the past few years have made it harder to optimize supply chains and forced all businesses to examine the best use of resources. It’s tough enough for large companies with deep pockets, but how are small and mid-sized businesses (SMBs) adapting?
Read MoreIndustrial Real Estate Keeps the Pace…for Now
U.S. industrial leasing activity will decline in 2023, but demand will keep pace with supply for the 13th consecutive year of positive net absorption, predicts CBRE in its U.S. Real Estate Market Outlook 2023 report. Vacancy rates that remain below the 10-year average, however, will lead to double-digit rent growth, finds the report. As of […]
Read MorePolish Up That Crystal Ball
Making informed decisions that impact all aspects of the supply chain requires access to quality, actionable information. While it’s not possible to accurately predict the future, BlueGrace Logistics’ Logistics Confidence Index (LCI) examines expected revenue growth for upcoming quarters and how shippers can adjust based on those expectations. The LCI shipper survey measures expected industry […]
Read MoreCalifornia Here We Come
Nearly one-third of logistics managers polled in a CNBC survey do not know how much trade they would return to West Coast ports after an International Longshore and Warehouse Union (ILWU) labor deal is reached. Negotiations between the Pacific Maritime Association and the ILWU, which represents 22,000 West Coast port workers, began on May 10, […]
Read MoreLast-Mile Deliveries Grow Bigger and Bulkier
Big and bulky last-mile delivery will be one of the fastest growing third-party logistics (3PL) segments for the next three years, driven by expanding e-commerce product categories that include furniture and appliances, predicts Making it Count: Big and Bulky Last-Mile Delivery in the United States, an Armstrong & Associates report. The report estimates the 3PL […]
Read MoreRobotics Demand Skyrockets
Robots are seeing a population growth. By 2027, more than 4 million robots will be installed and operating in warehouses and distribution centers. Shipments of mobile robots jumped 53% in 2022 when compared with 2021, driven by increasing e-commerce, labor shortages, and shifting manufacturing methods, finds research from Interact Analysis. The market will experience compounded […]
Read MoreSouth of the Border Imports Boom
Driven by demand for boats, vehicles, vehicle parts, computer parts, and oil, Mexican imports to the United States rose 19.5% year-over-year in 2022 to reach $479.6 billion according to Mexico’s National Institute of Statistics, Geography, and Informatics. Some segments, such as motor vehicle parts, are returning to pre-pandemic levels. Additionally, data from project44 shows that […]
Read MoreWalmart Takes to the Skies
Retailers continue to look for new ways to meet consumer demand for fast delivery. Many, including Walmart, are banking on drones. For a cool $3.99, Walmart customers who live within one mile of a participating store can now have thousands of eligible products delivered to their home via same-day drone delivery. Walmart expanded its DroneUp […]
Read MoreReviewing 2022 Shipping Challenges
How did shippers respond to challenges in 2022 and how do they plan to respond in 2023? That’s what Averitt’s eighth annual State of the North American Supply Chain Survey set out to discover. The survey asked 1,800 shippers about supply chain challenges in 2022 and measures their interest in various supply chain services moving […]
Read MoreMany Supply Chains Still in the Dark
Although technology innovations help shed light on additional insights into supply chains, some knowledge gaps remain. Up to 80% of executives responding to Verusen’s 2022 State of Supply Chain Management report say they can’t digitally track the movement of direct and indirect materials across their enterprise, which suggests that many companies may lack the technology […]
Read MoreHelping Manufacturers Weather the Storm
The manufacturing sector continues to chug along, with demand and production levels hitting new highs. But economic uncertainty and inflation may soon create some clouds on the horizon.
Read MoreTaking the Temperature on Sustainability
Many companies will continue to take sustainability seriously over the next 12 months. A recent Honeywell survey of 600 business leaders finds that 90% are pleased with their sustainability efforts over the prior 12 months, and 97% plan environmental, social, and corporate governance (ESG) budget increases in the next 12 months.
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