Welcome to Logistics Management
WEBIn this podcast, Jeff Berman, Group News Editor for Logistics Management and the Peerless Media Supply Chain Group, interviews Matt Muenster, Chief Economist for Green Bay, Wisc.-based Breakthrough, an innovator in transportation management, dedicated to creating transparent and fair strategies for the world’s leading shippers.
Global Labor Rates: China is no longer a low-cost country
WEBThe race to manufacture and source products in China started in the late 1990s and continued for two decades.. As China ascended to the World Trade Association in 2001, accessibility of this low-cost labor and low-cost operations country looked very attractive to global manufacturers, and many companies set up factories in China or began sourcing Chinese parts and products.
Top 8 Logistics Challenges Facing the Industry
WEBNov 1, 2017 · Some other obvious pain-points make the list as well, but perhaps the most important and at times challenging concern is the need for greater innovations and technology advances while remaining budget-conscious. Here is a snapshot into 8 of the top challenges facing the industry. Fuel Costs. One of …
APICS merger with Supply Chain Council is a done deal
WEBAug 6, 2014 · The planned merger announced in April between two renowned supply chain-centric organizations––APICS, a professional organization for supply chain operations management and provider of research, education, and certification programs focused on elevating supply chain excellence, innovation, and resilience, and the Supply Chain Council, a global, non-profit management organization focused on ...
Distribution centers: It’s all about the business
WEBIncreasingly, however, distribution centers are all about the business. Processes are designed to make good on a company’s go-to-business strategy. The best DCs are strategic assets that give their companies a competitive advantage in the marketplace, as Gilt Groupe’s former chief supply chain officer told Modern when we featured Gilt’s ...
Global Logistics: Challenges in our changing world
WEBThe COVID-19 pandemic set in and made a massive impact on global trade and amplified existing logistics challenges around the world; lockdowns triggered rapid growth in e-commerce, putting additional strain on already strained freight networks; and a last-minute Brexit deal was finally reached following a few chaotic weeks at the UK border.
State of Logistics 2021: Less than Truckload (LTL)
WEBJul 12, 2021 · Old Dominion Freight Line earned $199.4 million in net income in the first quarter, nearly 50% ahead of that period a year ago. XPO Logistics, parent of the 3rd-largest LTL concern, reported record first quarter net income of $115 million while revenue surged 21% to $4.77 billion from the 2020 first quarter.
Top 30 Ocean Carriers: Riding high on wave of profits
WEBThis is a time of highly disrupted supply chains compounded by cascading issues. Yet ocean carriers are riding a high wave of unprecedented record profits. Maersk, now the world’s second largest shipping company, reported second quarter 2022 revenues of $21.7 billion, marking a 52% increase compared to the same period of 2021.
E-commerce Boom: Welcome to the new reality
WEBMar 9, 2021 · However, the biggest impact of e-commerce has clearly been on the parcel business. According to a recent report from Logistics Management, UPS hired 39,000 new employees in early 2020 and planned to make more than 100,000 seasonal hires toward the end of the year. FedEx reported adding 70,000 new employees for …
Top 30 Ocean Carriers: Complex scenario undermines confidence
WEBOct 7, 2019 · Top 30 Ocean Carriers: Complex scenario undermines confidence. Forecasted disrupters such as Brexit and the U.S.-China trade war are putting more pressure than ever on ocean cargo carriers. Add in the complexity of IMO 2020 and an early start to the Lunar New Year and the complexity multiplies. The State of Intermodal Transportation: Still a ...
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