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.
Top 50 Trucking Carriers 2022: Pedal to the metal
WEBApr 1, 2022 · ABF Freight System, the nation’s 7th-largest LTL carrier, achieved an 89.9 operating ratio for last year. As a result of the Teamsters’ profit-sharing plan with ABF, that kicked in a 3% bonus for all covered ABF employees on top of their yearly earnings, estimated to be at least $70,000.
Private Fleets 2021: Still creating competitive advantage
WEBJun 7, 2021 · PepsiCo, Sysco, Walmart, Haliburton and Tyson Foods are household names in America, and they all run successful private trucking fleets. An often-overlooked sector of the $700 billion overall trucking industry, the private-fleet niche accounts for roughly one-half of that market, or 48.1%—a share that would place private fleet annual revenue at nearly $350 billion.
2022 Rate Outlook: Up, Up, and Away - Logistics Management
WEBJan 13, 2022 · Late last year, analysts at IHS Markit revised their 2021 U.S. real GDP forecast up to 5.7% based on some surprising, late-year bursts of trade activity. “GDP growth will surge to 7.1% in 2022, driven by a rebound in vehicle production and unexpected strength in exports and inventory investment,” says Joel Prakken, chief U.S. economist and ...
2020 Top 30 Ocean Carriers: Higher profits as demand ramps up
WEBOct 5, 2020 · Following a six-month lull in shipper demand during the heightened COVID-19 crisis, container volumes are now surging as consumer confidence strengthens, manufacturing ramps up and retailers seek to rebuild their inventories.. Maritime industry analysts for the London-based Transport Intelligence (Ti) note that ocean cargo carriers may finally be seeing some brighter days ahead.
Top 50 US and Global Third Party Logistics 2020
WEBJun 2, 2020 · While compiling its annual list of Top 50 third-party logistics (3PL) players, Armstrong & Associates (A&A) always seeks to find a few leading trends that indicate where the market is heading on both the provider and shipper sides around the world. After working on the lists and the supporting report, Evan Armstrong, president of the consultancy, suggests to shippers that quick, tactical ...
Putting labor management systems (LMS) to work
WEBFor help utilizing their valuable human labor forces, companies are assessing and implementing labor management systems (LMS). These solutions provide labor productivity reporting and planning capabilities, the latter of which help companies analyze workforce requirements based on a certain amount of work to be performed and a standard unit of ...
Freight Payment 2021: Data analysis for everyone
WEBJan 7, 2021 · According to Ross Harris, CEO of A3 Freight Payment, the sector is changing so rapidly that his company is in the process of reinventing and redefining its service offerings. “The term ‘freight payment’ is getting outdated,” he says. “What shippers are looking for is transportation spend management and tools associated with that.
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 ...
Top 30 U.S. Ports: Big ports got bigger in 2020
WEBMay 5, 2021 · The largest ports also experienced the fastest growth, with imports to Newark/New York and Long Beach up by 8.1% and 8% respectively year-over-year in 2020. Meanwhile, Savannah and Houston saw volumes increase by 3.4% and 2.2% through a mixture of investment in new facilities and successfully managing heavy weather conditions.
Skip to content