While the global logistics industry has not been a stranger to disruption this past year, the congestion at the Port of Yantian in China, is starting to impact the market at an exceptionally high level – At the current pace, it’s going to be even more disruptive than the Suez Canal blockage this spring and [...]
The Ever Given vessel is floating, but the ship is not out of hot water. In fact, Egyptian authorities said it will remain in the Suez Canal until they are compensated by the vessel owners for the damage, labor, and disruption caused. Although the cargo on the Ever Given is still at a standstill, other [...]
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 [...]
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, [...]
Tropical Storm Isaias recently impacted a portion of North America, unsettling multiple municipalities with power outages, road closures, and flooding. Despite the impact, many businesses remained open and transportation across modes continued operations with little disruption. Although the impact to supply chains from this storm was minimal
The true economic impact of COVID-19 and global shutdowns are still not known. As businesses continue to open around the world, we are forced to think about operations, logistics, and safety differently. Because all industries are being affected in some way or another, companies of all types and sizes must adjust and adapt their business [...]
As COVID-19 spread across the globe, hundreds of companies, including many of our customers, had to rework supply chains and shift their focus to the urgent need of expediting personal protective equipment (PPE), hospital equipment, and other medical supplies.
I am always optimistic about what we can accomplish when we come together. But with many states facing a devastating economic crisis, including predicted revenue shortfalls of 15-20% on top of already battered budgets, it’s clear that even more collaborative action than ever before from the public and private sectors is needed to get us [...]
Are you looking to improve visibility, automation, and optimization to achieve a more resilient supply chain? Then a global transportation management system (TMS) should be a key part of your supply chain technology strategy.