Industry leaders chart future of supply chain visibility

At FourKites Visibility 2021, supply chain leaders gather to chart the future of visibility

Shopping has never been easier for the consumer. They can have products delivered within a few hours, the same day, the next day or in two days. They can shop in person, online and through marketplaces. They can pick up products in-store or have them delivered to their doorsteps.

All of this is fantastic for consumers, but it puts huge pressure on supply chains to meet those flexible expectations. Not only are supply chain professionals contending with the tall task of personalizing the delivery...

https://www.freightwaves.com/news/industry-leaders-chart-future-of-supply-chain-visibility

Discount duress: Dollar Tree says high freight costs will dent earnings

Ocean carriers to honor fewer contractual commitments

Discount chain Dollar Tree reeled in its outlook for fiscal 2021, citing escalating freight costs as the reason. The Chesapeake, Virginia-based retailer said it has started to book its own ocean vessels amid a tight capacity environment and will look for merchandise suppliers outside of Asia to mitigate transportation expenses going forward.

“We’re optimizing which China and U.S. ports we use to take advantage of the shipping availability,” Michael Witynski, president and CEO, told analysts on a...

https://www.freightwaves.com/news/discount-duress-dollar-tree-says-high-freight-costs-will-dent-earnings