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Logistics Management. Getting creative with transportation: Cost cutting and service-level improvement. November 1, 2024 · These two companies are leveraging strong industry partnerships and technology to save money, improve service levels, and streamline their logistics and transportation functions for future success.
Top 30 Ocean Carriers: Riding high on wave of profits
This 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.
Top 25 Freight Forwarders: Top forwarders continue to sail …
As if 2021 wasn’t bad enough, 2022 is presenting additional layers of disruption to global freight markets with further COVID-related lockdowns, especially in China; Russia’s invasion of Ukraine; exceptionally strong increases in energy prices; heightened competition for talent; and inflation and recession worries that are hitting multiple geographies and supply chains at different ...
Global Logistics: Challenges in our changing world
The 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 8 Logistics Challenges Facing the Industry
Nov 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 the highest costs contributing to the ...
Top 50 Third Party Logistics (3PLs) Providers 2024: Not out of the ...
Jun 1, 2024 · In fact, Amazon now leads the pack by a wide margin. A&A list ranks Amazon as the highest earning 3PL, with 2023 global gross revenues at over $140.053 billion, an enormous amount over No. 2 ranked DHL Supply Chain & Global Forwarding, which came in with $33.869 billion ($45.6. billion in 2022).
Logistics and the Law: Freight claims in plain English
For most retailers, manufacturers, and distributors, the transportation function is an unwanted headache—and claims represent a migraine. However, just because something is difficult does not mean that it can be ignored. George Pezold, co-author with Bill of Freight Claims in Plain English, emphasizes that: “Knowledge of the basic legal ...
Global Labor Rates: China is no longer a low-cost country
The 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.
XPO Logistics Company Profile - Logistics Management
XPO Logistics, Inc. (NYSE: XPO) is a top ten global provider of cutting-edge supply chain solutions to the most successful companies in the world. The company provides services for truckload brokerage and transportation, last mile logistics, engineered supply chain solutions, high-value-add warehousing and distribution, ground and air expedite ...
News and Resources - Logistics Management
33rd Annual Study of Logistics and Transportation Trends: Puzzling path forward. Logistics professionals navigating their path forward face challenging market conditions, an evolving regulatory environment, a rapidly changing technology landscape, and an increasingly competitive labor market. Our research team puts context around this year’s ...