Warehousing has been at the center of many conversations this year, from shortages in both space and staffing to structural aging and automation. At the beginning of the pandemic, businesses couldn’t keep enough product in stock to satiate the spending sprees of consumers stuck in their homes. Now, warehouses are piled high with goods that […]
The 2022 State of Logistics Report was unveiled on June 21, and presents a detailed look back on 2021 service demand and costs. It’s a welcome update as the logistics industry adapts to a post-pandemic landscape.
Before the pandemic, fluctuations in shipping based on the time of year were pretty predictable. Then, COVID-19 sparked higher demand for shipping services, increasing the length and intensity of peak shipping season.
Shipping and fulfillment logistics have been hindered for more than two years by a combination of pandemic conditions, international conflict, inflation, rising fuel costs, extreme weather, and more. The businesses that have shown the most agility and flexibility during the disruptions of the past eighteen months have been rewarded handsomely for their innovation.
So far, 2022 has been another year of supply chain uncertainty. Inflation, new spikes in COVID-19 cases, and the Russia-Ukraine conflict have all impacted the movement of goods, slowing the supply chain recovery experts had hoped to see.
In only a few weeks, the situation in Ukraine has led to a humanitarian crisis that has shocked the world. A crisis that is expected to create ripple effects throughout global trade networks for months or years to come.
The world is quickly changing — socially and economically, yes, but also physically. Global warming is now creating disruptions that can’t be ignored.