A recent article published by Visual Capitalist (written by Adam Symington and Carmen Ang) discusses the world’s busiest aviation hubs. According to the report, there are up to 8,755 commercial flights in the air at any given time of day. These flights transport thousands of people and millions of dollars worth of goods around the… Read more »
Hawaii is home to ten commercial harbors, eleven commercial airports, and roughly 2,500 miles of roads, making it an ideal hub for trade. In 2018, Hawaii exported $660 million of Made-in-America goods worldwide. The top contributors to the state’s economy are real estate, tourism, construction, and government, including the U.S. military. The island is now… Read more »
A recent article published by CSCMP’s Supply Chain Quarterly, written by Jonathon Byrnes and John Wass, suggests that implementing a balanced inventory management strategy is essential. The biggest question facing managers today is whether their supply chains should be just-in-time (low inventories) or just-in-case (high inventories). You can read the full article here: How To… Read more »
A recent article published in Logistics Management magazine and online at Supply Chain Management Review, written by Sara Banks from Accenture, suggests a strong collaboration between 3PLs and shippers can help to bring innovative solutions that will benefit both in the future. You can read the full article here: Time For Shippers & 3PLs to… Read more »
The Covid-19 pandemic has affected all parts of the global logistics industry. From the way we source raw materials to how final deliveries are made, the industry has changed forever. With an increasingly globalized world, the demand for logistics services is at an all-time high. Each year, the logistics industry undergoes significant change. As the… Read more »
Covid-19 and a global shutdown left the world ready to put 2020 behind us. Little did we know, 2021 would take us for another wild ride. As the pandemic lingered and gained strength in unexpected places, it continued to interrupt supply chains worldwide. Production bottlenecks, volatile swings in pricing, and massive capacity shortages were just… Read more »
Anyone involved in domestic transportation now knows all too well that freight rates have been skyrocketing to historic levels. According to Transportation and Warehousing produce price indices tracked by the U.S. Federal Reserve, year-over-year industry-wide less-than-truckload prices have risen between 8-14% in recent months, and full truckload prices have risen between 20-30% (and diesel fuel… Read more »
Environmental and sustainability concerns are on everyone’s mind in the logistics industry. In fact, nearly every supply chain and logistics company has created environmental policies that reflect its mission and goals. As the world strives to create a more eco-friendly, carbon-neutral environment, it’s important to understand the logistics industry’s role in achieving that goal. Here… Read more »
There’s an article we saw posted last week on the Global Trade magazine website entitled “What Makes a Good Logistics Provider?” written by Chris Hale, the Founder & CEO of Kountable, Inc. Mr. Hale’s company operates a platform that vets trade service providers, constructs deals and manages trade execution for a large volume of trades… Read more »
As widely reported by freight industry media outlets, such as Freightwaves, Logistics Management, Journal of Commerce, and others, general freight rates – including those for less-than-truckload (LTL) services – continue to rise. Most experts are predicting high, single-digit rate increases in 2021, along with higher diesel fuel prices. Renewed economic demand, increases in e-commerce shipping,… Read more »
