As I look forward into 2021, I see the road to economic recovery coming into clearer focus. As science and technology move us closer to the world we’re all ready to return to, I know that we will come back stronger and better. But even though the road ahead is bright, it is not without [...]
The transportation industry has faced volatility over the last several years, but nothing like the disruptions of 2020. The less than truckload (LTL) marketplace continues to face unique challenges due to the COVID-19 pandemic. One ongoing situation is longer than normal LTL transit times.
Like many industries, retail has been evolving for some time. Consumer demands are shifting shopping experiences and retail compliance programs are being enforced as the need to have the right inventory in the right place at the right time becomes even more critical. The COVID-19 pandemic has certainly sped up some of these changes, but [...]
Maritime insurance executives estimate that 3,000 containers have been lost at sea over the past few months alone. Compared to the 1,382 containers on average lost per year between 2008-2019 as reported by The World Shipping Council, that’s a big jump. What’s the reason for it? As you may have expected, there’s not a simple, [...]
The boom in ecommerce poses novel challenges to the logistics industry. Online shoppers expect convenience, flexibility, and a high-quality shopping experience. In Asia, government-mandated lockdowns and closed shopping malls during the ongoing pandemic drove individuals to purchase everything from groceries, to gym equipment and digital accessories online. Even with lockdowns slowly lifting across most countries, [...]
Global transportation—like many industries—has faced unparalleled disruptions over the past year. Now, as we head into 2021, there are new and different challenges added to the mix.
At this time last year, global supply chains were already in trouble. The world didn’t know it yet, but we were somewhere between 60 and 90 days away from understanding what would happen.
The year 2020 was a year unlike any other, and supply chains were more front and center than ever before. This is especially true in the retail space, as a surge in ecommerce and pandemic-driven demand volatility increased the rate of change in an already rapidly evolving industry.
Since my previous blog, and after months of negotiations, the United Kingdom (UK) and the European Union (EU) reached a deal on December 24, 2020. Both parties avoided the disruptive outcomes of a no-deal, and signed a provisional EU-UK Trade and Cooperation Agreement (TCA) that will define their relations going forward.
It’s safe to say that 2020 will not be a year easily forgotten. This past year has been full of adjustment. Around the globe, our personal and work lives were upended with very little warning. As the pandemic spread, spending time with friends and family, water cooler conversations with co-workers, and even dependence on a [...]