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Another year of record-breaking carrier increases. FedEx just released a 6.9% 2023 General Rate Increase (GRI). But the actual impact shippers will see next year is closer to double-digits. 6.9% is just an overall average. Things are getting more than real. They’re...
What is inventory accuracy? Inventory accuracy is a metric that shows the difference between the amount of inventory in a warehouse and the amount entered in the inventory records. Inventory reconciliation is done either by physically counting and matching items with...
What is the definition of parcel? 59 million parcels are shipped daily in the United States alone, with numerous carrier services handling a wide range of parcel sizes from small 100g parcels to massive 45,000 lbs shipments. Parcel shipping is the most popular and...
Over the past year, manufacturers’ durable goods shipments have risen by almost 12%, and new orders are up by 11%. However, the positive news regarding U.S. manufacturing industry growth has been offset by rising shipping costs, threatening manufacturers’ overall...
Brief History of Parcel Logistics For thousands of years, goods transportation has played an important role in society. In recent times, the improvements in transport systems have revolutionized parcel logistics. Today, computerized software is helping execute...
Things to Consider for Parcel Shipping Companies When it comes to selling online, finding the best parcel shipping company is one of shippers' most important business decisions. You must ensure that you deliver a great delivery experience to your customers to maintain...
Inflation, labor shortages, high fuel costs, and unprecedented demand for shipping capacity will all play a role in the 2023 general rate increase (GRI). It continues to be a carrier's market. And they have the upper hand when setting rates for 2023. The big question...
Disruptions in the Parcel Sector The COVID-19 pandemic led to vast eCommerce supply chain and delivery service disruption. Shippers witnessed a massive increase in demand for package delivery amid the shortage of many products in the market. The surge in eCommerce...
What is zone skipping? The high shipping cost of cross-country shipping is one of the biggest problems for eCommerce brands. Customer orders face extended delivery times as carriers sort, cross-dock, off-load to distribution hubs and re-load again onto trucks for the...
What is considered sustainable packaging? Sustainable packaging uses packaging composed of materials that have a lower environmental impact than non-sustainable alternatives like single-use plastics. Many people wrongly assume that sustainable packaging only deals...
