Articles
Takeaways
Sail Like the Wind
The Frisian Sea, a Dutch cargo ship, made its maiden voyage using two compact wind-assisted propulsion units that can be easily moved into position or stowed. The technology has the potential to improve operating efficiency and environmental performance in the shipping industry. The 388-foot vessel, owned by Boomsma Shipping, was retrofitted with eConowind’s VentiFoils wind […]
Read More
Coping With Blank Sailings, Surcharges & Spikes
From its position as a global third-party logistics provider, SEKO has unique insight into air and ocean trends. For one, global restocking is lowering the odds of a slack season in 2021, says Brian Bourke, the company’s chief growth officer. In a media call, SEKO execs shared their perspective on the following challenges facing manufacturers […]
Read More
4 New Rules for Retail
While the grocery and home improvement sectors benefited from changes in consumer behavior during the pandemic, apparel and department stores struggled. Consequently, the following new rules will come into play for retailers in 2021, says a Deloitte report: 1. Digital investment should go beyond differentiation. Many retailers have jumped on the digital bandwagon (see chart), […]
Read MoreCold Chain Takes a Shot
The freight industry is tasked with transporting an average of 271 million ultracold and cold COVID-19 vaccine doses per month. At least 857 temperature-controlled trucks will leave Pfizer and Moderna manufacturing facilities or distribution centers each month, says an ABI Research report, and delivery will get more complicated after large urban and suburban areas are […]
Read More
Freight Spending Soars to Record Highs
Truck freight spending in the United States reached record highs in Q2 of 2021, jumping 10.1% over Q1 levels, says a recent U.S. Bank report. While all regions experienced double-digit growth in spend, different geographic areas and industries emerge from the pandemic at different paces, the report shows: Northeast: Freight shipments rose 1.5% in Q2 […]
Read More
New Google Maps Feature Gets a Green Light
Google Maps can not only help truckers and passenger vehicles find the quickest route from point A to point B, but now it also gets them there greener. Google has introduced a series of new features including eco-friendly routes that provide Google Maps users with more fuel-efficient navigation. The app determines fuel consumption for every […]
Read More
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 […]
Read MoreGlobal Trade Plateau?
Order volumes in Western economies have grown significantly, but momentum may be slowing, finds a new report.
Read MoreSupply Chain Threats Beyond COVID-19
While COVID-19 remains a primary concern, a number of additional disruptions and risks impact supply chains. These are the risks to consider.
Read More
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 […]
Read MoreDHL Shares Strategy for Peak Season and Beyond
E-commerce is up 65% year over year, and expected to surge more than 50% during the busiest peak week, according to Chet Paul, senior vice president at DHL Express; Kraig Foreman, president at DHL Supply Chain; and Craig Morris, chief information officer at DHL eCommerce Solutions. In a media call, the DHL execs shared how […]
Read More
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 […]
Read More
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: […]
Read More
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 […]
Read MoreFreight Does a Forward March
Most professionals say they expect COVID-19 to shape their supply chain into the medium term. The pace of change will be unlike anything since 2008, accelerating existing trends and shifting priorities, says a Ti and Bollore Logistics survey. Key findings include: 28% of respondents say they plan to shift volumes away from air freight in […]
Read More
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 […]
Read More
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. […]
Read More
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 […]
Read MoreMacy’s Parades Digital Lead
Digitally mature retailers better reacted to COVID-19 disruptions, finds a study by tech company Incisiv. Based on performance along the customer journey, the study names the top North American apparel retailers in digital maturity: Overall 1. Macy’s 2. Kohl’s 3. Neiman Marcus 4. Target 5. Nordstrom 6. Ann Taylor 7. Chico’s 8. J.C. Penney Co. […]
Read MoreThe Need for Shipping Speed
Consumers now make 58% of their purchases online since COVID-19 began compared to just 32% before the pandemic, and many will spend more for expedited shipping, says a LaserShip survey. The study reveals: Gen Z and millennials are more likely to shop at new retailers if expedited shipping is provided compared to older generations. 40% […]
Read More