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UPS and FedEx have made it clear with their general rate increases for 2022, that they don’t want all package volume. If your service needs don’t fit “nicely” into their networks, then you’re not the ideal shipper they want to work with. Carriers are looking for...
McKinsey & Company says 44% of supply chain companies report that AI has helped them reduce costs significantly. Around 61% of supply chain companies that introduced AI into their supply chains recorded cost reductions. And 53% of the surveyed companies reported a...
The recent eCommerce boom has also triggered increased logistics and supply chain expenditure. An increase in expenditure means a decrease in profitability - if your supply chain management is inefficient. With socioeconomic changes, supply chains must adapt to...
“In a carrier’s market, if you don’t navigate correctly, you could be left spiraling at the end of Q4.” - Caleb Nelson We've never experienced a year in shipping like this before. And with an unprecedented peak season just around the corner, you need to be open to...
3PLs stand for Third Party Logistics. Manufacturers often outsource their eCommerce logistics operations to third-party logistics companies to save supply chain management costs. According to a 2019 study by Korn Ferry, 91% of manufacturers who used 3PLs noticed that...
Is it too much to expect a dependable, low-cost carrier service? With tight margins, fierce competition, and demanding customers, logistics management has become a significant challenge for supply chain companies. Especially with growing supply chain demands and costs...
Great news, your customer's package arrived! But something isn't quite right. The box is melting, and it smells terrible. Their food prep box was delivered, but it didn't stay at the right temperature during transit. Now, the customer's food is spoiled, and your money...
“An effective way to increase supply-chain resilience is to understand the impact a crisis could have, well before it happens.” - McKinsey Supply chain disruptions are caused by many different kinds of global events, like: Natural disasters Cross-country trade...
This pandemic, once-bustling cities turned into ghost towns overnight due to the widespread of novel coronavirus. Ever-operating machinery units fell silent in several manufacturing hubs and industrial cities across the globe. Many truck drivers around the world lost...
In February 2020, when the pandemic hit the world in full swing, the global economy took an inevitable jolt. As transport came to a halt and offices shut down, millions of people were forced to work from home. As a result, travel took a backseat, and the world entered...
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