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Logistics Management. Getting creative with transportation: Cost cutting and service-level improvement. November 1, 2024 · These two companies are leveraging strong industry partnerships and technology to save money, improve service levels, and streamline their logistics and transportation functions for future success.
Top 30 Ocean Carriers: Riding high on wave of profits
This is a time of highly disrupted supply chains compounded by cascading issues. Yet ocean carriers are riding a high wave of unprecedented record profits. Maersk, now the world’s second largest shipping company, reported second quarter 2022 revenues of $21.7 billion, marking a 52% increase compared to the same period of 2021.
Top 25 Freight Forwarders: Top forwarders continue to sail …
As if 2021 wasn’t bad enough, 2022 is presenting additional layers of disruption to global freight markets with further COVID-related lockdowns, especially in China; Russia’s invasion of Ukraine; exceptionally strong increases in energy prices; heightened competition for talent; and inflation and recession worries that are hitting multiple geographies and supply chains at different ...
Top 50 Third Party Logistics (3PLs) Providers 2024: Not out of the ...
Jun 1, 2024 · In fact, Amazon now leads the pack by a wide margin. A&A list ranks Amazon as the highest earning 3PL, with 2023 global gross revenues at over $140.053 billion, an enormous amount over No. 2 ranked DHL Supply Chain & Global Forwarding, which came in with $33.869 billion ($45.6. billion in 2022).
Top 8 Logistics Challenges Facing the Industry
Nov 1, 2017 · Some other obvious pain-points make the list as well, but perhaps the most important and at times challenging concern is the need for greater innovations and technology advances while remaining budget-conscious. Here is a snapshot into 8 of the top challenges facing the industry. Fuel Costs. One of the highest costs contributing to the ...
Global Labor Rates: China is no longer a low-cost country
The race to manufacture and source products in China started in the late 1990s and continued for two decades.. As China ascended to the World Trade Association in 2001, accessibility of this low-cost labor and low-cost operations country looked very attractive to global manufacturers, and many companies set up factories in China or began sourcing Chinese parts and products.
Global Logistics: Challenges in our changing world
The COVID-19 pandemic set in and made a massive impact on global trade and amplified existing logistics challenges around the world; lockdowns triggered rapid growth in e-commerce, putting additional strain on already strained freight networks; and a last-minute Brexit deal was finally reached following a few chaotic weeks at the UK border.
Top 50 US and Global Third Party Logistics 2020
Jun 2, 2020 · While compiling its annual list of Top 50 third-party logistics (3PL) players, Armstrong & Associates (A&A) always seeks to find a few leading trends that indicate where the market is heading on both the provider and shipper sides around the world. After working on the lists and the supporting report, Evan Armstrong, president of the consultancy, suggests to shippers that quick, tactical ...
Top 50 Trucking Companies: The strong get stronger
COVID-19 effects. The effects of the pandemic tested all of trucking operations last year, and continue to this year, say trucking veterans. Derek Leathers, vice chairman, president and CEO at Werner Enterprises, the nation’s 7th-largest truckload (TL) carrier, says planning was “clearly one of the more difficult challenges” that he’s faced in his career.
News and Resources - Logistics Management
33rd Annual Study of Logistics and Transportation Trends: Puzzling path forward. Logistics professionals navigating their path forward face challenging market conditions, an evolving regulatory environment, a rapidly changing technology landscape, and an increasingly competitive labor market. Our research team puts context around this year’s ...