Skip to main content

Posts

Showing posts from January, 2022

Odyssey Specialized Logistics LLC opens up new metal logistics facility in Brooklyn, Ohio

Odyssey said that this new facility will roll and hold warehousing and area transportation, joining Odyssey’s other roll and hold facilities located in California, Indiana, Louisiana, Missouri and Texas, offering flatbed trucking and warehousing. The company added that this facility will employ warehouse operators and flatbed truck drivers to make local metal deliveries. source https://www.supplychain247.com/article/odyssey_specialized_logistics_llc_opens_up_new_metal_logistics_facility_in

J.B. Hunt is set to acquire Zenith Freight Lines LLC

Hunt officials said the purchase price was approximately $87 million, adding that when this acquisition is made official, J.B. Hunt and Bassett will enter into a long-term master services agreement whereby J.B. Hunt will continue to provide the exceptional service Zenith has performed for Bassett for almost 50 years. source https://www.supplychain247.com/article/j.b._hunt_is_set_to_acquire_zenith_freight_lines_llc

Q4 shipments see declines while rates continue to go, reports U.S Bank Freight Payment Index

The report’s shipment index value—at 121.6—was off 2.4%, from the third quarter to the fourth quarter, and was down 5.1% annually. For calendar year 2021, shipments fell 0.5% annually and were down 4.5% when compared to 2019. The fourth quarter freight spend reading—at 267.5—saw an 8.4% gain, from the third quarter to the fourth quarter, and it was up 20.2% annually, marking its highest reading on record, source https://www.supplychain247.com/article/q4_shipments_see_declines_while_rates_continue_to_go_reports_u.s_bank_freig

LM Podcast Series: TranzAct’s Regan addresses supply chain and logistics trends and challenges

During this podcast, podcast, Jeff Berman, Group News Editor for Logistics Management and the Peerless Media Supply Chain Group, interviews Mike Regan, Co-Founder and Chief Relationship Officer, at TranzAct Technologies. source https://www.supplychain247.com/article/lm_podcast_series_tranzacts_regan_addresses_supply_chain_and_logistics_tren

Key Differentiators: The Control Tower for Supply Chain Orchestration

This whitepaper offers insight into what makes a holistic platform unique, and how expanding visibility and control to span order and logistics management across all order types and all order flows provides extraordinary business value. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/key_differentiators_the_control_tower_for_supply_chain_orchestration

Port of Los Angeles and Port of Long Beach each set new volume records in 2021

Total 2021 POLA volume—at 10,677,609 TEU (Twenty-Foot Equivalent Units)—increased 1,464,213 TEU, or 15.89%, annually, topping 2020 by 13%, and setting a new annual record, too, topping the previous high set in 2018. POLB reported that calendar year 2021 volume—at 9,384,368 TEU—was up 15.7% annually, setting a new annual record, topping the previous record of more than 8.11 million TEU set in 2020. source https://www.supplychain247.com/article/port_of_los_angeles_and_port_of_long_beach_each_set_new_volume_records_in_2

The Art of Consistent Perfect Order Delivery

This white paper defines what a perfect order is and details the technology that helps leaders achieve smart order fulfillment through optimized supply chain orchestration. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/the_art_of_consistent_perfect_order_delivery

Transportation Management System Solution Guide

Access this brief guide to MPO's Transportation Management Solution, Benefits, Capabilities, and Differentiators. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/transportation_management_system_solution_guide

SMC3 session takes a close look at how stakeholders are handling supply chain woes

The session, entitled “Understanding America’s Supply Chain Woes,” featured supply chain stakeholders from three different perspectives: a port operator, Barbara Melvin, COO, South Carolina Ports Authority (SCPA); a shipper, Linda Fonkoue, Global Supply Base Manager, Logistics, Deere and Company; and a motor carrier, Charlie Prickett, President & COO, AAA Cooper Transportation. The session was moderated by Logistics Management. source https://www.supplychain247.com/article/smc3_session_takes_a_close_look_at_how_stakeholders_are_handling_supply_cha

FedEx and Microsoft Announce New Cross-Platform Logistics Ecommerce Solution

New offering aimed at increasing merchant competitiveness in the ecommerce space by improving customer engagement and providing enhanced shipping options. source https://www.supplychain247.comhttps://www.supplychain247.com/article/fedex_microsoft_announce_new_crossplatform_logistics_ecommerce_solution

ODFL’s President and CEO Gantt addresses LTL market and supply chain challenges at SMC3 Jump Start

The outlook for Thomasville, NC-based national less-than-truckload carrier Old Dominion Freight Line (ODFL) is optimistic. That was the word from Greg Gantt, ODFL President and CEO, speaking at the SMC Jump Start conference in Atlanta this week. source https://www.supplychain247.com/article/odfls_president_and_ceo_gantt_addresses_ltl_market_and_supply_chain_challen

Ascend announces acquisition of DTS, in move geared towards expanding dedicated operations

Atlanta-based dry van, full truckload carrier Ascend made its first acquisition this week, purchasing Greenville, South Carolina-based Dedicated Trucking Solutions (DTS), a provider of dedicated contract carriage services. source https://www.supplychain247.com/article/ascend_announces_acquisition_of_DTS_in_move_geared_towards_expanding_ded

DHL Supply Chain to invest $15 million to further automate DCs via Boston Dynamics collaboration

DHL and Boston Dynamics announce multi-year agreement that begins with equipping DHL facilities in North America with Stretch, Boston Dynamics' newest robot specifically designed to automate the unloading process in distribution centers. source https://www.supplychain247.com/article/dhl_supply_chain_to_invest_15_million_to_further_automate_dcs_via_boston_dy

New FedEx Express service addresses AMEA shippers’ cross-border commerce demand

Entitled FedEx International Priority, company officials said that this service provides AMEA shippers with the flexibility to schedule delivery by 10:30 AM to select global destinations. And FedEx added that with FedEx International Priority, the company now provides a wider range of time-definite international shipping options for customers. source https://www.supplychain247.com/article/new_fedex_express_service_addresses_amea_shippers_cross_border_commerce_dem

Confronting the Prospect of a Global Recession

In these Covid-ravaged times, the last thing companies need is more bad news, but like it or not, the storm clouds of a global economic recession are gathering on the horizon. source https://www.supplychain247.comhttps://www.supplychain247.com/article/confronting_the_prospect_of_a_global_recession

POLA and POLB push back consideration of “Container Dwell Fee” until January 28

This follows previous joint announcements by POLA and POLB, whom collectively account for roughly 40% of United States-bound import volumes, indicating that consideration of the fee would be pushed back each week going back to the week of November 22. source https://www.supplychain247.com/article/pola_and_polb_push_back_consideration_of_container_dwell_fee_until_january

Toyota Introduces 22 New Electric Models in Historic Product Launch

Largest launch in Toyota's history gives the material handling industry the most complete lineup. source https://www.supplychain247.comhttps://www.supplychain247.com/article/toyota_introduces_22_new_electric_models_in_historic_product_launch

10 FAQs on Transportation Management System (TMS)

Use this FAQ to explore the most common questions we hear about transportation management systems (TMS) to make the best, most informed decision for your business needs and goals. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/10_faqs_on_transportation_management_system_tms

Trucking legend, innovator Myron P. “Mike” Shevell dies at 87

Myron P. "Mike" Shevell, who rose from driving a pickle truck to leading one of the most profitable family-owned trucking companies during his nearly 75-year career in the industry, died on Jan. 24 in Palm Beach, Fla. The indefatigable Shevell was 87. source https://www.supplychain247.com/article/trucking_legend_innovator_myron_p._mike_shevell_dies_at_87

Multi-Party Orchestration Platform

In this brochure, you'll find a guide to MPO's unified cloud platform for multi-party orchestration, including its rich and flexible solutions: Control Tower, Supply Chain Visibility, Digital Order Management, Transportation Management, Network Inventory Management, Returns Management, Spare Parts Management, and Supply Management. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/multi_party_orchestration_platform

Supply Chain Visibility: From Passive to Active

This whitepaper answers the questions: "What is Supply Chain Visibility - and why is it important?" source https://www.supplychain247.comhttps://www.supplychain247.com/paper/supply_chain_visibility_from_passive_to_active

Supply Chain Visibility: Passive to Active

This whitepaper answers the questions: "What is Supply Chain Visibility - and why is it important?" source https://www.supplychain247.comhttps://www.supplychain247.com/paper/supply_chain_visibility_passive_to_active

New DHL report addresses the intersection of technology and workers’ roles in the future

The report, entitled “Future of Work in Logistics,” was based on feedback from more than 7,000 logistics and supply chain professionals, focusing on the reality of the workforce, the opportunities and challenges faced and what organizations will need to attract, retain, and deliver workers in the digital era. source https://www.supplychain247.com/article/new_dhl_report_addresses_the_intersection_of_technology_and_workers_roles_i

2022 Rate Outlook Webcast: Up, up and away…

In this annual webcast, group editorial director Michael Levans hosts our panel of fuel, trade and logistics experts who share their insights on rate patterns in all the major transport modes in an effort to help shippers prepare their freight transportation budget for the coming year. source https://www.supplychain247.com/article/2022_rate_outlook_webcast_up_up_and_away

In Historic First, Misclassified Truck Drivers File for Union Election in Los Angeles, San Diego

XPO Logistics misclassifies, exploits drivers with independent contractor schemes designed to deny workers basic rights, benefits, consequently, XPO port and rail truck drivers are seeking to form a union representing essential links in the nation's supply chain. source https://www.supplychain247.comhttps://www.supplychain247.com/article/in_historic_first_misclassified_truck_drivers_file_for_union_election

UPS CEO Tomé Calls on Logisticians to Take “Totally Different Perspective” Post-COVID

UPS CEO Carol Tomé discussed issues that will shape 2022 and beyond during the U.S. Chamber of Commerce’s State of American Business video conference on January 11, 2020, issues she covered included economic trends and global competition to policy challenges and opportunities. source https://www.supplychain247.comhttps://www.supplychain247.com/article/ups_ceo_tome_calls_on_logisticians_to_take_totally_different_perspective

The Lure of Automation and Efficiency

Pitman Creek, one of the largest distributors of freshwater fishing tackle in North America, consolidated and expanded space in a new automated facility. The result: a 250% improvement in picking efficiency. source https://www.supplychain247.com/article/the_lure_of_automation_and_efficiency

LM reader survey underscores the impact of inflation on supply chain and logistics

A Logistics Management reader survey of 100 freight transportation, supply chain, and logistics stakeholders continued to reinforce how inflation continues to affect things, from both an operational and business perspective. Putting the inflationary impact on supply chain and logistics into sharp focus, the LM survey found that 92% of respondents are being affected by the current situation. source https://www.supplychain247.com/article/lm_reader_survey_underscores_the_impact_of_inflation_on_supply_chain_and_lo

Q&A: Spencer Shute, Principal Consultant at Proxima

Logistics Management Group News Editor Jeff Berman recently spoke with Spencer Shute, Principal Consultant at Proxima, a Chicago-based strategic team of procurement specialists with more than 25 years of consultation and supply chain experience. Shute discussed the impact of the Omicron variant on logistics and supply chain operations and processes. source https://www.supplychain247.com/article/qa_spencer_shute_principal_consultant_at_proxima

POLB’s Hacegaba Addresses Port Operations and the Intermodal Sector

In this podcast, Jeff Berman, Group News Editor for Logistics Management and the Peerless Media Supply Chain Group, interviews Dr. Noel Hacegaba, Deputy Executive Director and COO, for the Port of Long Beach (POLB). source https://www.supplychain247.comhttps://www.supplychain247.com/article/polbs_hacegaba_addresses_port_operations_and_the_intermodal_sector

On-Time Service is Slipping Across the Industry

Capacity crunch is affecting all aspects of the shipping and transportation sectors, causing on-time performance to degrade. source https://www.supplychain247.comhttps://www.supplychain247.com/article/on_time_service_is_slipping_across_the_industry

Q&A: FedEx Trade Networks President Patrick Moebel

Late last year, FedEx Logistics, a subsidiary of global freight transportation and logistics services provider FedEx, said its FedEx Trade Networks unit, which provides air and ocean freight forwarding, customs brokerage, and value-added services, was integrating the WiseTech Global’s CargoWise digital platform into its global ocean and air transportation network. LM Group News Editor Jeff Berman recently caught up with FedEx Trade Networks President Patrick Moebel to learn more about this integration with WiseTech and other aspects of the global supply chain and logistics sectors, source https://www.supplychain247.com/article/qa_fedex_trade_networks_president_patrick_moebel

LM Podcast Series: TIA’s Reinke addresses the state of brokerage and freight economy market

During this podcast, podcast, Jeff Berman, Group News Editor for Logistics Management and the Peerless Media Supply Chain Group, interviews Ann Reinke, President and CEO of the Transportation Intermediaries Association (TIA). source https://www.supplychain247.com/article/lm_podcast_series_tias_reinke_addresses_the_state_of_brokerage_and_freight

Inventory Optimization Why It Matters for Your Supply Chain

When done correctly, inventory optimization is powered by some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing, and by using proven inventory management processes, supply chain design and planning helps with inventory optimization. source https://www.supplychain247.comhttps://www.supplychain247.com/article/inventory_optimization_why_it_matters_for_your_supply_chain

Retail sales finish 2021 on solid footing, reports Commerce and NRF

United States retail sales ended 2021 with a sequential decline and an annual gain, while holiday season retail sales, for the months of November and December, were very strong, according to data respectively issued today by the United States Department of Commerce and the National Retail Federation (NRF). source https://www.supplychain247.com/article/retail_sales_finish_2021_on_solid_footing_reports_commerce_and_nrf

Cultivating Relentless Supply Chain Agility at IBM

The technology giant has spent several years building a cognitive supply chain that embraces an agile culture of innovation, focuses on client needs and successes, and leverages exponential technologies to deliver greater value - it’s a model for any organization building agile capabilities. source https://www.supplychain247.comhttps://www.supplychain247.com/article/cultivating_relentless_supply_chain_agility_at_ibm

Bringg report addresses myriad aspects of same-day delivery for retail shippers

A report issued this week by Chicago-based Bringg, a data-led delivery and fulfillment cloud platform provider, examined various aspects of same-day delivery, focusing on a forward-looking approach to same-day delivery, as well as the main strengths and drawbacks related to it, among other factors. source https://www.supplychain247.com/article/bringg_report_addresses_myriad_aspects_of_same_day_delivery_for_retail_ship

2022 Rate Outlook: Up, Up, and Away

Irrespective of mode, rates will be escalating, with carriers controlling capacity and exercising leverage like never before. Given the shortage of manpower and labor pools across the spectrum of global logistics, managers will be struggling this year. source https://www.supplychain247.com/article/2022_rate_outlook_up_up_and_away

Talking Supply Chain Podcast: Become The Supply Chain GOAT

On this episode, Stanley Fawcett and Michael Knemeyer discuss what it takes to make your supply chain team The Greatest Of All Time; SCMR’s Editorial Director Bob Trebilcock hosts. source https://www.supplychain247.comhttps://www.supplychain247.com/article/talking_supply_chain_podcast_become_the_supply_chain_goat

New study suggests truck drivers abuse cocaine more than marijuana

If you were asked what drug is more abused by the nation’s 3.5 million long-haul truck drivers, which would you choose—cocaine or marijuana? If you picked cocaine, you would be correct. At least that’s the conclusion of a new study on the topic, which is contrary to reports by the US Department of Transportation (DOT) on the issue. source https://www.supplychain247.com/article/new_study_suggests_truck_drivers_abuse_cocaine_more_than_marijuana

POLA and POLB again postpone Container Dwell Fee implementation until Jan. 17

This follows previous joint announcements by POLA and POLB, whom collectively account for roughly 40% of United States-bound import volumes, indicating that consideration of the fee would be pushed back each week going back to the week of November 22. source https://www.supplychain247.com/article/pola_and_polb_again_postpone_container_dwell_fee_implementation_until_jan

RoadOne IntermodaLogistics acquires EHS LogisticSolutions

RoadOne officials said that EHS Trucking and EHS Truck & Trailer will be renamed as EHS LogisticSolutions. And the company said that Ed Worley, President & Founder of EHS Trucking Enterprises, LLC., will serve as an advisor to EHS LogisticSolutions, and Mike Lemere serve as Senior Vice President and the daily operations of the EHS LogisticSolutions. source https://www.supplychain247.com/article/roadone_intermodalogistics_acquires_ehs_logisticsolutions

Hyster partners with RICO on expanded line of explosion-proof lift trucks

Partnership centers on a certified Explosion Proof (EX) lift truck line in which traditional Hyster lift trucks are converted by RICO Manufacturing, which has three-plus decades of experience in manufacturing EX solutions for the North American market. source https://www.supplychain247.com/article/hyster_partners_with_rico_on_expanded_line_of_explosion_proof_lift_trucks

project44 Receives $420 Million Investment Valuing Business at $2.2 Billion Pre-Money

With $100+ million in annual recurring revenue, 1,000+ team members, 1,000+ customers, 1+ billion packages tracked annually and the top performer in analyst reports, project44 leads the supply chain visibility market. source https://www.supplychain247.comhttps://www.supplychain247.com/article/project44_receives_420_million_investment_valuing_business_at_2_2_billion

How to Evaluate Transportation Visibility Platforms

To help supply chain leaders navigate the rapidly evolving market and technology landscape, this guide provides an overview of what advanced visibility means and what to consider while selecting a solution. source https://www.supplychain247.comhttps://www.supplychain247.com/paper/how_to_evaluate_transportation_visibility_platforms

U.S. Chamber urges new era of ‘bold’ and ‘loud’ U.S. business advocates

The state of American business is able, agile, resilient and ready. Those are the words from new U.S. Chamber President and CEO Suzanne Clark, who predicted U.S. business resiliency in her first “State of American Business” economic preview for 2022. source https://www.supplychain247.com/article/u.s._chamber_urges_new_era_of_bold_and_loud_u.s._business_advocates

Ascend makes its formal entrance into the truckload market

Ascend’s primary focus will be on serving shippers in various verticals, including the consumer goods, packaging, and industrial supply chain, which, they added, usually require products to be shipped quickly and regionally, coupled with what the company called “exacting service requirements.” source https://www.supplychain247.com/article/ascend_makes_its_formal_entrance_into_the_truckload_market

The Retail Supply Chain is Hot Hot Hot

Amid shortages and disruptions, e-commerce orders are on fire at the same time as brick-and-mortar sales are heating up. Retailers are looking to technology and innovative strategies to keep up. source https://www.supplychain247.com/article/the_retail_supply_chain_is_hot_hot_hot

Next-Level Lift Truck Telematics

Getting more out of lift truck telematics involves looking beyond basics and starting to incorporate analytics fed by integration with other systems. By marrying up telematics data from the trucks with operations data, or with real-time location feeds, users stand to benefit. source https://www.supplychain247.com/article/next_level_lift_truck_telematics

Port Tracker report targets a return to normal for U.S.-bound import volumes

A return to normalcy, as it relates to import levels, is expected in 2022, following a 2021, which ostensibly saw new United States-bound import numbers on a near monthly basis, according to the most recent edition of the Port Tracker Report, which was issued today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates. source https://www.supplychain247.com/article/port_tracker_report_targets_a_return_to_normal_for_u.s._bound_import_volume

Protecting Data in a Digital Supply Chain

In today’s interconnected world, data protection and cybersecurity are essential to manage supply chain risk. Fifth in a five-part series exploring the critical role of data in a digital supply chain transformation source https://www.supplychain247.com/article/protecting_data_in_a_digital_supply_chain

AIT Worldwide Logistics opens up new L.A.-based West Coast headquarters

Company officials said that this new full-service facility, at which more than 100 AIT staffers will work, is comprised of various offerings for its shipper-customers, including: customs clearance, transloading, warehousing and special services for the food, high-tech and life sciences industries, among others. source https://www.supplychain247.com/article/ait_worldwide_logistics_opens_up_new_l.a._based_west_coast_headquarters

Preliminary Class 8 net orders see bounce back, from November to December

FTR reported that preliminary December North American Class 8 net orders—at 23,100—saw a 139% gain over November, which was impacted by up supply chain uncertainty, rather than a lack of demand. ACT reported that December preliminary Class 8 net orders—at 22,800 units—far outpacing November’s preliminary orders—at 9,800 units—and in line with October’s 23,600 Class 8 net orders. source https://www.supplychain247.com/article/preliminary_class_8_net_orders_see_bounce_back_from_november_to_december

Top LTL executives see continuing upward rate pressure on shippers in ‘22

Top trucking executives say their relentless rise in costs for everything from new and used trucks to fuel and driver pay will cause them to continue to ask shippers to pay more for freight services in 2022. How much more? That depends on individual shipper demands, their freight characteristics, and how their tonnage fits into a carrier’s overall freight demand scheme. source https://www.supplychain247.com/article/top_ltl_executives_see_continuing_upward_rate_pressure_on_shippers_in_22

2022 Trade Update: How to keep freight moving

Shippers who are current on the global trade landscape are assets to their service partners and customers. Our global trade expert provides us with a review of the key trade topics that should be top of mind as we enter 2022. source https://www.supplychain247.com/article/2022_trade_update_how_to_keep_freight_moving

Services economy finishes 2021 on the right side of growth, reports ISM

The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—at 62.0 (a reading of 50 Or Higher Signals Growth)—fell 7.1% compared to November’s all-time high reading of 69.1. The Services PMI grew for the 18th consecutive month, with services sector growth intact for 141 of the last 143 months through December. source https://www.supplychain247.com/article/services_economy_finishes_2021_on_the_right_side_of_growth_reports_ism

The Robotics’ Second Wave

As robotics become more widely deployed and some operations begin to use fleets from multiple vendors, more of the talk is about software-related issues like integration and less on the workings of the robot hardware itself. source https://www.supplychain247.com/article/the_robotics_second_wave

What’s the future of AR and VR in Supply Chain?

On this episode, Krutin Shah looks at the potential for AR and VR in DCs and factories; SCMR’s Editorial Director Bob Trebilcock hosts. source https://www.supplychain247.comhttps://www.supplychain247.com/article/whats_the_future_of_ar_and_vr_in_supply_chain

Freight Payment: What stage are you in?

Shippers of all sizes should be reviewing their freight payment process. If you’re not getting routine data automatically with each paperless freight transaction, you’re doing freight payment and not freight settlement. What stage are you in? source https://www.supplychain247.com/article/freight_payment_what_stage_are_you_in

Looking at Dock & Yard Management Technology to Solve Supply Chain Chaos

New innovations are driving a new standard for efficiency in dock and yard management without the high costs of building an in-house platform and leveraging APIs and technology to calm the supply chain storm. source https://www.supplychain247.comhttps://www.supplychain247.com/article/looking_at_dock_yard_management_technology_to_solve_supply_chain_chaos

Transportation Insight executives assess logistics and supply chain challenges in 2022

While the rush of holiday gifts appears to have made it to their final destinations to end 2021 through myriad delivery networks, amid some unique challenges, 2022 has kicked off with its own new set of challenges, ones with familiar themes—winter storms on both U.S. coasts and the ongoing COVID-19 pandemic, specifically the Omicron variant—which are both creating issues for freight transportation and logistics services providers and shippers alike. source https://www.supplychain247.com/article/transportation_insight_executives_assess_logistics_and_supply_chain_challen

Hartt Transportation Systems is acquired by Bison Transport

Winnipeg, Manitoba-based Bison Transport, an asset-based freight transportation services provider owned by James Richardson & Sons, Limited, said it has acquired Bangor, Maine-based truckload carrier Hartt Transportation Systems Inc. Bison said it acquired 100% of the issued and outstanding shares of Hartt, but financial details of the transaction were not issued. source https://www.supplychain247.com/article/hartt_transportation_systems_is_acquired_by_bison_transport

Manufacturing ends 2021 with sequential decline but still on a growth track

In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, was 58.7 (a reading of 50 or higher indicates growth), down 2.4% compared to November. This marks the 19th consecutive month of growth, at a slower rate, coupled with December also representing the 19th consecutive month of growth for the overall economy. source https://www.supplychain247.com/article/manufacturing_ends_2021_with_sequential_decline_but_still

UPS addresses holiday returns head on

A UPS spokesman noted that the peak holiday shipping season remains intact, based on the significant—and record-breaking—number of holiday returns it is handling. As an example, for the holiday shipping season (including returns), which it defines as running from November 14-January 22, UPS said it will handle more than 60 million return packages, which represents a new record, equating to an expected increase of more than 10% over the previous record, for the company’s holiday returns, set in 2020, at around 55 million holiday returns. source https://www.supplychain247.com/article/ups_addresses_holiday_returns_head_on

Struggling Supply Chain Managers Confront Escalating Transport Rates in 2022

Crafting an annual rate forecast has never been easier, with soaring inflation, tightening cargo capacity, and a shrinking labor market, one thing adds up for today’s global logistics managers - the triple whammy. source https://www.supplychain247.comhttps://www.supplychain247.com/article/struggling_supply_chain_managers_confront_escalating_transport_rates_2022

Manufacturing ends 2021 with sequential decline but remains on a growth track

In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, was 58.7 (a reading of 50 or higher indicates growth), down 2.4% compared to November. This marks the 19th consecutive month of growth, at a slower rate, coupled with December also representing the 19th consecutive month of growth for the overall economy. source https://www.supplychain247.com/article/manufacturing_ends_2021_with_sequential_decline_but_remains_on_a_growth_tra

Manufacturing ends 2021 with sequential decline but still on a growth track

In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, was 58.7 (a reading of 50 or higher indicates growth), down 2.4% compared to November. This marks the 19th consecutive month of growth, at a slower rate, coupled with December also representing the 19th consecutive month of growth for the overall economy. source https://www.supplychain247.com/article/manufacturing_ends_2021_with_sequential_decline_but_still_on_a_growth_track

Port of Los Angeles considers fee for lingering empty containers

POLA said that this fee, which is subject to approval by the Los Angeles Harbor Commission, would go into effect on January 30. And it added that if the Harbor Commission approves this fee, its implementation is at the discretion of the port’s executive director. source https://www.supplychain247.com/article/port_of_los_angeles_considers_fee_for_lingering_empty_containers

Anne Reinke’s Update on Brokerage and Freight Economy Market

In this podcast, Jeff Berman, Group News Editor for Logistics Management and the Peerless Media Supply Chain Group, interviews Anne Reinke, President and CEO of the Transportation Intermediaries Association (TIA). source https://www.supplychain247.comhttps://www.supplychain247.com/article/tias_anne_reinke_provides_update_on_brokerage_market_and_freight_economy

What You Need to Consider for a Software-as-a-Service Warehouse Management System

What every supply chain organization needs to know about SaaS to make an informed decision on their next WMS deployment. source https://www.supplychain247.comhttps://www.supplychain247.com/article/what_you_need_to_consider_for_a_saas_wms

STB sets dates for upcoming hearing on reciprocal switching

Late last month, the Surface Transportation Board (STB) provided information regarding its public hearing on proposed reciprocal switching obligations, which is scheduled for March 15-16, and will be held at its Washington, D.C.-based office. source https://www.supplychain247.com/article/stb_sets_dates_for_upcoming_hearing_on_reciprocal_switching

IDC research makes the case for AI-driven supply chain forecasting

IDC’s analysis of the need for improved forecasting pulls no punches, in explaining that manufacturers have been running supply chains for centuries, and, for nearly that entire period, it is something that they have agonized over, with this zinger to complete the working thesis: “The only thing that has been universally true about any forecast is that it will be wrong.” source https://www.supplychain247.com/article/idc_research_makes_the_case_for_ai_driven_supply_chain_forecasting