Articles
Takeaways
SMBs Find Ways to Compete
The business disruptions of the past few years have made it harder to optimize supply chains and forced all businesses to examine the best use of resources. It’s tough enough for large companies with deep pockets, but how are small and mid-sized businesses (SMBs) adapting?
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Industrial Real Estate Keeps the Pace…for Now
U.S. industrial leasing activity will decline in 2023, but demand will keep pace with supply for the 13th consecutive year of positive net absorption, predicts CBRE in its U.S. Real Estate Market Outlook 2023 report. Vacancy rates that remain below the 10-year average, however, will lead to double-digit rent growth, finds the report. As of […]
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Polish Up That Crystal Ball
Making informed decisions that impact all aspects of the supply chain requires access to quality, actionable information. While it’s not possible to accurately predict the future, BlueGrace Logistics’ Logistics Confidence Index (LCI) examines expected revenue growth for upcoming quarters and how shippers can adjust based on those expectations. The LCI shipper survey measures expected industry […]
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California Here We Come
Nearly one-third of logistics managers polled in a CNBC survey do not know how much trade they would return to West Coast ports after an International Longshore and Warehouse Union (ILWU) labor deal is reached. Negotiations between the Pacific Maritime Association and the ILWU, which represents 22,000 West Coast port workers, began on May 10, […]
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Last-Mile Deliveries Grow Bigger and Bulkier
Big and bulky last-mile delivery will be one of the fastest growing third-party logistics (3PL) segments for the next three years, driven by expanding e-commerce product categories that include furniture and appliances, predicts Making it Count: Big and Bulky Last-Mile Delivery in the United States, an Armstrong & Associates report. The report estimates the 3PL […]
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Robotics Demand Skyrockets
Robots are seeing a population growth. By 2027, more than 4 million robots will be installed and operating in warehouses and distribution centers. Shipments of mobile robots jumped 53% in 2022 when compared with 2021, driven by increasing e-commerce, labor shortages, and shifting manufacturing methods, finds research from Interact Analysis. The market will experience compounded […]
Read MoreSouth of the Border Imports Boom
Driven by demand for boats, vehicles, vehicle parts, computer parts, and oil, Mexican imports to the United States rose 19.5% year-over-year in 2022 to reach $479.6 billion according to Mexico’s National Institute of Statistics, Geography, and Informatics. Some segments, such as motor vehicle parts, are returning to pre-pandemic levels. Additionally, data from project44 shows that […]
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Walmart Takes to the Skies
Retailers continue to look for new ways to meet consumer demand for fast delivery. Many, including Walmart, are banking on drones. For a cool $3.99, Walmart customers who live within one mile of a participating store can now have thousands of eligible products delivered to their home via same-day drone delivery. Walmart expanded its DroneUp […]
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Reviewing 2022 Shipping Challenges
How did shippers respond to challenges in 2022 and how do they plan to respond in 2023? That’s what Averitt’s eighth annual State of the North American Supply Chain Survey set out to discover. The survey asked 1,800 shippers about supply chain challenges in 2022 and measures their interest in various supply chain services moving […]
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Many Supply Chains Still in the Dark
Although technology innovations help shed light on additional insights into supply chains, some knowledge gaps remain. Up to 80% of executives responding to Verusen’s 2022 State of Supply Chain Management report say they can’t digitally track the movement of direct and indirect materials across their enterprise, which suggests that many companies may lack the technology […]
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