Articles
Takeaways
Global Cold Chain Outlook: Cold Is Hot
The global cold chain market is a bright spot in the perishables business landscape. It was valued at $253 billion in 2021, and is projected to reach $437 billion by 2028, at a CAGR of 8.1%, according to a SkyQuest Technology Consulting report.
Read MoreTop 5 Supply Chain Disruptions
New data from Resilinc highlights the top drivers of supply chain disruptions for the first half of 2022. From January through June, Resilinc’s EventWatchAI platform alerted its customers to an astounding 7,929 potential supply chain disruptions (a 46% YoY increase) with the life sciences, healthcare, high-tech, and automotive industries being most impacted. The top five […]
Read MoreConsumers Go on an Online Spending Spree
Despite current worries about an economic downturn, consumers are still shopping—especially online. And retail logistics companies keep shipping products. As a result, the global retail logistics market is forecast to jump from $231 billion USD in 2021 to $622 billion USD by 2030. That computes to a 12% compound annual growth rate over that time. […]
Read MoreWarehouse Space: Can you find it?
Need warehouse space? It should be slightly easier to come by into 2023. A recent Prologis report focused on Q2 2022 activity and predictions for 2023 expects a small increase in vacancies. The reason: Demand will drop and supply chain movement will improve, which will get more products into the marketplace. Here are some key […]
Read MoreSupply Chains Out of Sync
There are some harsh words for the logistics and supply chain sector in the 33rd Annual State of Logistics Report, revealed recently at the National Press Club in Washington, D.C. U.S.-based supply chains are “out of sync,” caused by struggles to adjust to short-term changes, the report claims. The good news, though: the industry is […]
Read MoreChemical Logistics Market Grows
$317.17 billion That’s the estimated size of the chemical logistics market by 2026, according to The Business Research Company’s Chemical Logistics Global Market Report 2022. The figure represents a compound annual growth rate (CAGR) of 3.9% over the next 5 years. For 2022, the chemical logistics market size will grow to $271.73 billion, up 7.9% from […]
Read MoreDo You Use KPIs Effectively?
Most businesses today collect data to set and track key performance indicators, or KPIs. Logistics companies are no different. And with the industry in turmoil these days from the pandemic and global economic stressors, KPIs may be more important than ever. But do supply chain executives truly understand and fully utilize the KPI numbers they […]
Read MoreFreight Is Fraught
The double-whammy of skyrocketing fuel prices and out-of-control inflation has put a hurt on the freight industry. So have flattening modal growth trajectories, seasonal factors, and softening demand. So says the new edition of the Cowen/AFS Freight Index, which provides predictive pricing tools for such sectors as less-than-truckload (LTL), truckload (TL), and parcel shipping (separately […]
Read MoreHigher Transport Rates on the Horizon
Fuel surcharges, market forces, and easing truckload growth rates are driving up parcel and LTL rates, says Cowen/AFS’s 2022 Freight Index.
Read MoreConsumers Want More Action on Sustainability
The 2022 Retail and Sustainability Survey from global business applications firm CGS illustrates the demand for sustainability, even at the cost of losing expedited shipping times.
Read MoreE-Commerce: Delivering the Goods
A new study from Descartes Systems Group shows the ongoing e-commerce growth and the importance of delivery performance for customers.
Read MoreReshoring Now: Boom or Bust?
The 2021 Reshoring Index from global consulting firm Kearny reports US companies are relying more heavily on manufacturing from low-cost countries (LCC), but sentiment is quickly changing.
Read MoreA New Fix for Broken Supply Chains?
Less-than-truckload (LTL) are prone to delays, damages, and inefficiencies, finds new data from Drive Research and Flock Freight.
Read MoreQuick Look at the Last Mile
Two new studies take a close look at the last mile and shed some light on the current state of this crucial logistics segment. The quick takeaway? The last mile is becoming more important for customer satisfaction, and as a result, shippers are increasing their focus on it and looking for tools to boost delivery […]
Read MoreYou Can’t Transform What You Can’t Measure
Reliably measuring sustainability efforts remain a difficult task for most companies, despite the focus on social responsiblity.
Read MoreFinding Increased Revenue in Agility-Boosting Tech
A new survey from B2B software firm Cleo brings to light a lesser-known finding: executives making investments in agility-increasing technology were able to increase revenue during the pandemic in 2021.
Read MoreShipping Lines Skip a Beat
Global ports lost more than one-third of their expected capacity to ship containers in 2021, causing economic trouble for some smaller developing nations, among others, finds research commissioned by the Global Shippers Forum (GSF). The study, which was conducted by MDS Transmodal, identifies the extent of capacity restriction in 2021 that resulted from scheduled port […]
Read MoreConsumers Have the Last (Mile) Laugh
While the use of last-mile delivery has increased in the pandemic era, the process has experienced various growing pains. A new consumer survey shows customers have encountered regular delays and would like to have greater visibility of their deliveries. The survey, conducted for Anyline by Researchscape, examines the extent to which consumers have turned to […]
Read MoreE-commerce Growth: Slower but Hefty
Even as growth slowed from 2020’s pandemic-fueled explosion in activity, the global e-commerce market still grew a robust 19.9% in 2021, according to Transport Intelligence (Ti). Indications are growth will slow but remain hefty. Ti’s market sizing and forecast data and analysis shows a projected annual growth rate of 11.8% in the global e-commerce logistics […]
Read MoreGoogle Searches for Last-Mile Market
Google is getting into the last-mile game with the launch of two new solutions to help fleet operators improve delivery success and optimize fleet performance through an integrated suite of mapping, routing, and analytics capabilities—Cloud Fleet Routing API from Google Cloud and Last Mile Fleet Solution from Google Maps Platform. Cloud Fleet Routing API focuses […]
Read More