As we struggle to combat Covid-19 and other mutant strains of the virus, through this year and beyond, logistics planners may want to keep their eye on some key factors affecting the supply chain. You may find some of these topics affecting your planning strategies in the coming years.
Read MoreTopics: Third Party Logistics, Freight Bill Auditing, Intermodal Freight, Transportation News, Reducing Freight Rates, Maximizing Routing Efficiencies, Logistics News, Industry Trends, Technology
We’re all painfully aware that the last 18 months have been devastating to the U.S. economy. But things are looking up. We have several vaccines, hospitalizations are trending down as are Covid deaths. The new threat is the Covid variant. Several states are experiencing significant infection rates. We need to start planning for possible new restrictions. Already grappling with truck driver shortages, rising freight rates, and intermittent capacity issues, the domestic transportation sector experienced major shifts when the global pandemic disrupted supply chains around the world and shippers were sent scrambling for solutions. Another shutdown is unlikely, but any new level of restrictions will be problematic. Industry experts are forecasting significant supply chain issues on the horizon. A contingency plan will be critical to manage your supply chain in the coming quarters.
Read MoreTopics: Intermodal Freight, Logistics Business, Logistics News
Natural disasters are just one cause of disruptions to supply chains. They usually result in widespread damage to several firms and facilities at the same time. This has a severe impact on an industry and significant time is often required for recovery from these occurrences. Other global events have conspired to drive international supply chains towards the breaking point, threatening the fragile flow of raw materials, parts and consumer goods, according to companies, economists and shipping specialists. A new worldwide wave of the COVID-19 variant, natural disasters in China and Germany and a cyber attack on South African ports have all conspired to severely affect the global supply chain.
Read MoreTopics: Supply Chain Management, Third Party Logistics, Intermodal Freight, Transportation News, Reducing Freight Rates, Maximizing Routing Efficiencies, Logistics News, Industry Trends, Big Data
As we confidently emerge from the Corona Virus the industry is experiencing a myriad of changes. Since the pandemic, the trucking industry has had to react to unprecedented changes in operational and management procedure. Most everyone in any trucking or logistics company has had to adapt to the new normal. So, what is the new normal today and what can we expect in the coming years. There have been numerous things that have impacted the manner in which the industry has functioned and there have been numerous elements that have changed the way we work within the industry. Let’s examine some trends and try to make some predictions for the future of trucking.
Read MoreTopics: Supply Chain Management, Third Party Logistics, Intermodal Freight, Transportation News, Reducing Freight Rates, Logistics Business, Maximizing Routing Efficiencies, 3D Printing, Logistics News, Technology, Big Data
Supply chain professionals are looking forward to a much-deserved extended weekend during the Fourth of July holiday. However, CargoNet, an industry cargo security firm, reports that extended business closures can create an advantageous operating environment for cargo thieves. For the past five years, the firm has analyzed cargo theft data in the United States and Canada from July 1 to July 7and found 130 cargo theft events in 27 different states, with theft most common in Texas, California, and Florida.
Read MoreTopics: Supply Chain Management, Third Party Logistics, Intermodal Freight, Logistics Business, Maximizing Routing Efficiencies, 3D Printing, Logistics News, Industry Trends, Technology
There are several factors contributing to the U.S. labor shortage. It has to be considered that generous unemployment compensation, both state and federal, has had a significant affect upon labor availability. It is understandable to invoke a government funded financial support program during a pandemic. But there is debate over the federal extended unemployment benefits.
Read MoreTopics: Supply Chain Management, Third Party Logistics, Freight Bill Auditing, Intermodal Freight, Reducing Freight Rates, Logistics Business, Maximizing Routing Efficiencies, 3D Printing, Logistics News, Industry Trends, Technology, Big Data
The Corona pandemic has had a profound impact on worldwide commerce and adjusting to the new normal will be critical in your company’s market placement planning. The complexly of the intertwined nature of a global supply chain is sensitive to disruptions in any part of the network. Trauma in one area has a trickle-out affect through the entire network.
Read MoreTopics: Supply Chain Management, Third Party Logistics, Freight Bill Auditing, Intermodal Freight, Transportation News, Reducing Freight Rates, Logistics Business, Maximizing Routing Efficiencies, 3D Printing, Logistics News, Industry Trends, Technology
We are hearing about 5G everywhere these days. What does it mean and how will it affect our industry? 5G is the 5th generation mobile network. It is a new global wireless standard after 1G, 2G, 3G, and 4G networks. 5G enables a new kind of network that is designed to connect virtually everyone and everything together including machines, objects, and devices.
Read MoreTopics: Third Party Logistics, Freight Bill Auditing, Intermodal Freight, Transportation News, Logistics Business, Maximizing Routing Efficiencies, Industry Trends, Technology, Big Data
The global impact of Covid-19 continues to impact the Logistics industry. Increasing demand and a looming labor shortage is forcing freight rates up and capacity down. Persistent labor shortage, particularly for warehousing and distribution, is slowing supply chain and logistics activities. Regardless of specific mode, the warehousing and distribution environment appears to be a common issue for many freight operators right now.
Read MoreTopics: Supply Chain Management, Intermodal Freight, Transportation News, Reducing Freight Rates, Maximizing Routing Efficiencies, 3D Printing, Logistics News, Industry Trends, Technology
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