In the early days of the COVID-19 pandemic, the automotive industry was reeling. After new vehicle sales notched an impressive 8.4% year-over-year gain in February, sales tumbled for the next two months. In April, new vehicle sales were down 46% from the same time last year. The short-term
outlook was grim, but now the industry has flipped, and things aren’t slowing down. What’s to come of all this?
Sourcing optimization empowers transportation and general procurement teams to make better decisions about selecting carriers and suppliers that balance cost, reliability, sustainability, and other important factors. Sourcing optimization usually generates 100%+ ROI after just one sourcing event. To better build the business case for sourcing optimization, get this 27-page guide that includes case studies, practical checklists, and internal worksheets to help with your assessment and evaluation.
Are you looking for ultimate transparency for your time-critical shipments? In Airspace’s latest white paper, learn about the key issues that hospitals and laboratories face when transporting critical medical specimen shipments, and how shipping automation has prevented devasting delays for customers.
In March 2020, the novel coronavirus disrupted communities, commerce,
industry and our way of life. We have yet to realize the full impact the virus
will have on the future of business. One thing that has become clear is that
business continues to move, and there’s no industry where that is more
important than logistics.
Transportation teams have a mandate to keep costs low without sacrificing performance. This isn’t an easy job, and the work is never over. Lowering transportation costs is no longer as simple as selecting the cheapest provider on a cost per mile basis.
Every step in the lifecycle of a shipment takes time and costs money. Supply chain leaders must look at the total cost of shipping, factoring in direct and indirect expenses, to realize their full savings potential.
Download this white paper to learn fifteen practices that can help you save time and money on freight and how you can leverage Convoy’s digital freight network to gain efficiencies in your logistics operations.
In recent years, the trucking industry has seen an influx of new technologies that promise an alternative to the existing annual RFP for truckload capacity. Adoption of those new approaches to truckload procurement have seen fits and starts as the industry has alternated between periods of tight and loose capacity. In 2020, the COVID-19 pandemic abruptly shifted the supply chain, upending shippers’ transportation plans and accelerating their search for new alternatives to traditional transportation planning and procurement. To read more please click on the download button.
The need for LTL expertise is growing as rapidly changing consumer habits have profound impacts on the overall supply chain. A noticeable gap in LTL educational resources drove SMC³ and LogisticsTrainingCenter.com to create LTL online courses and the industry’s only online certification program. The on-demand learning platform enables students to focus on one or several areas of LTL, hear from industry experts, and learn at their own pace. The online education program delivers more than 40 hours of content, and offers professional certification (CLTL) as well as non-certification paths.
Manufacturing Outlook: New Survey Finds Over 50% of Manufacturers Believe Domestic Production Activity Levels Will Increase in 2021.
Will industrial production levels rebound from pre-Covid levels? Many manufacturers believe that to be the case.
During the onset of the Covid-19 pandemic, manufacturing levels plummeted due to state-issued facility shutdowns across the country. With many sites back up and running to near full capacity, a robust industrial recovery has been taking place since the summer months, but how long will this trend continue?
Redwood surveyed manufacturers on their outlook of the industry for 2021.
Topics covered in the white paper include:
● Industry outlook and expectations by respondents
● Pandemic-benefiting sectors
● Imports on the rebound
● Trucking capacity and rate forecast
Download the white paper to get the latest manufacturing outlook insights that will help with your transportation decision-making in 2021.
With 1,000+ data points collected per shipment across millions of pickups and deliveries, Convoy’s digital freight network has amassed a lot of data. We’ve analyzed this data to take a look back at the year in freight for 2020. The result: our Annual Freight Insights Report.
The AnnualFreight Insights Report signifies the first time we’re making data from our digital freight network publicly available with this level of detail and analysis. We assembled this report with help from our industry-leading data science team. We reviewed our proprietary network data along with broader economic data to assemble this white paper.
The report captures a unique picture of North American freight in 2020. 2020 was ahistoric year, with the COVID-19 pandemic disrupted virtually every aspect of every industry. Transportation was no exception. As we navigated a turbulent environment, it was difficult to make sense of the overarching trends shaping the freight industry. This report presents a much clearer picture of the year in logistics, quantifying the rippling effects of COVID-19 on the NorthAmerican freight industry in hard numbers.
Download the report to see trends and insights from 2020 that our analysis uncovered.
As wind capacity continues to grow in North America, driven in part by federal tax incentives, port infrastructure and labor capabilities are crucial factors for shippers selecting ports with adequate breakbulk capabilities. In the Pacific Northwest, development of the Columbia River High, Wide and Heavy Corridor aims to improve infrastructure and competitiveness of the region, where Port of Vancouver USA has reflected recent trends with back-to-back record years in wind transport. Access this whitepaper for a detailed report on voyage time advantages, record-breaking wind transport case studies, and the far-reaching green energy strategy of Port of Vancouver USA.
In the era of e-commerce, consumers expect to buy any good at the click of a button and have the package arrive on their doorstep within a few days. Reliability, consistency and speed of delivery are paramount to remain competitive in today’s marketplace. Retailers need reliable supply chains and robust distribution center networks now more than ever to keep pace with consumer demand. SC Ports is perfectly positioned to meet the needs of growing retailers.
The effective application of technology for most shippers comes by creating a combination of many solutions – each of which performs a specific logistics function. Data interoperability and connections like APIs make it possible to use specialized technologies so shippers can create a custom ‘technology stack’ that delivers the best possible solution for their needs.
The extraordinary stress that COVID-19 shutdowns placed on supply chains affected all manner of transportation operations, and less-than-truckload (LTL) carriers and their customers have been no exception. In September, The Journal of Commerce surveyed nearly 100 LTL shippers — more than 40 of which have more than $1 billion in annual revenue and a third of which have transportation budgets in the $100 million to $500 million range — to gain insight into their experience from the early spring shutdowns, through a deep recession, and a rapid, but complicated, freight demand recovery in Q2 and Q3. The ripple effect from that disruption is still with us in the fourth quarter of 2020.
The shipper survey revealed serious problems and detailed significant actions taken and relationship shifts that will be long lasting. Download this JOC Benchmark Study to learn where shippers and LTL carriers need to focus to succeed in this quarter and next year, as the COVID-19 pandemic continues to affect global and domestic shipping.
When it comes to shipping high-value loads, security is the priority, so ensuring products arrive on time and safely - and that they are protected from pilferage and theft - is key. The whitepaper breaks down how you stay ahead of business trends such as:
· Increased Global Security Requirements
· Digital Transformation
· Outsourcing
· Increasingly Complex Supply Chains
Download this whitepaper to learn how an end-to-end supply chain integrity solution can result in real ROI for your business.
Disruption is occurring faster than ever before in transportation and logistics. The world is moving from physical to digital, wasteful to sustainable, delayed to instantaneous, and from manual to automated. The pace and disruption force companies to re-think how they do business to prepare them for the future. This provides fertile ground for opportunity and innovation. At Ryder, the future of logistics is now. We help businesses navigate these murky waters with greater visibility and clear solutions that create value. We do this by having the technology, people, and tools in place so supply chains be faster, accurate, and efficient.
The path forward for global container shipping
Container shipping has a paper problem, and it’s never been more obvious than in 2020.
COVID-19 has put unprecedented strain on the world’s supply chains. The pandemic has exposed the shipping industry’s continuing dependence on printed documentation. Cargo has been stuck in ports waiting for physical paperwork to be delivered by flights that have been delayed.
Digital Standards: An investment in the future
In this e-book, the Digital Container Shipping Association (DCSA) looks at what it will take to replace antiquated shipping processes across this highly fragmented, complex and global industry - from electronic Bills of Lading (eBL) to IoT container tracking and much more.
Drawing on the experience of industries such as banking and air transport, it reveals the potential real-world benefits for all parts of the industry if standardized efficient, digital processes are widely adopted. These include increased transparency, collaboration, efficiency and reliability, as well as the potential to make billions of dollars of cost savings every year.
The freight audit and payment industry is a fragmented space divided along a few key dimensions, ones that are explored in the Journal of Commerce's inaugural Freight Benchmark Benchmark Study: Driving Strategic Value Through Outsourcing.
This study, based on a survey of shippers in summer 2020, allows freight buyers to measure themselves against their peers through a number of key metrics:
The study gives shippers actionable insight into how to structure this core part of the freight transportation industry.
Background: A global brand that is involved in retail, entertainment, manufacturing, and distribution.
Challenges: The global company was managing its entire supply chain through spreadsheets for years. The supply chain is the backbone of business operations. So, the company must know all the activities happening in the supply chain to make sure it is working the way it should. Unfortunately, by using manual spreadsheets, the business didn’t have complete visibility over its supply chain and as a result, the company had challenges accurately monitoring its operations.
COVID-19 and the supply chain inflection point.
TruDoss LLC on how companies of all sizes can use the Covid-19 crisis to re-design their supply chains for success in the decade ahead.
Supply chain security is an ongoing and ever-evolving process, requiring active risk mitigation and management. Discovering security-related trends, addressing them before they become a true risk, and dealing with unavoidable real-time situations effectively allows you to manage your supply chain’s security.
This whitepaper offers a breakdown of how to:
- Understand exactly what’s at risk
- Examine physical supply chain threats
- Evaluate supply chain security & mitigating risks
- Digitize the supply chain for improved security
Download the whitepaper to help redefine your supply chain’s security.
