The trucking industry was already undergoing major structural changes prior to the COVID-19 pandemic, thanks to new technology, driver shortages, and changing consumer preferences. Now, operational challenges related to both personnel and public safety are creating conditions that will likely accelerate new technology adoption, and could crown new winners and losers in LTL and last-mile. […]
For decades, retailers have focused on creating leaner supply chains using cost-cutting “just-in-time” approaches. However, the COVID-19 pandemic has exposed weaknesses in lean supply chains and the just-in-time methodology, and supply chain inflexibility has failed both consumers and retailers.
In early December, the trucking industry was shocked by its largest bankruptcy ever. Just before the holidays, Indianapolis-based trucking company Celadon Group filed for Chapter 11 bankruptcy, its former COO and CFO both arrested in connection with alleged accounting fraud.
‘Tis the season to be worried about retail logistics! This year, as many retailers prepare for their busiest weeks, uncertainty abounds. Consumer demands are shifting more rapidly than ever, e-commerce continues to disrupt brick-and-mortar retail in unexpected ways, new pressures are being put on fulfillment, and the trade war with China looms over every sales […]
Technology has transformed the shipping and logistics industry, but software compatibility issues continue to pose significant challenges.
Early this year, analysts predicted a slowdown in the $800 billion trucking industry. Unfortunately, things have turned out even worse than originally predicted — 2019 has found the U.S. in the midst of a freight recession, with significant difficulties in the trucking industry.
While other industries were shifting to digital solutions, many companies on the supply chain operated using the old methods – paper and pen, in many cases. Now that tech innovation is starting has penetrated into warehousing and logistics in a big way, there’s a lot of cybersecurity catch-up to be done.
Both transloading and cross docking are essential in the modern supply chain. While each is used to process and forward freight, they serve very different roles. Here’s what you need to know:
Ship-from-store fulfillment is one of the principal ways brick-and-mortar stores are becoming more responsive to the demands of ecommerce. For big box retailers (who face increasing competition from giants like Amazon) ship-from-store fulfillment provides additional flexibility in online sales. However, shipping from retail stores also creates several complex challenges.
Shippers who want to grow their fleet are in for a rude awakening when they go to order new trucks. Currently, the backlog for big rig orders is longer than it’s been in more than a decade — with little indication that demand will slow or supply will increase anytime soon. As of this writing, […]