5 predictions for retail supply chains in 2021

Rather than recapping 2020, I’d rather look onward. There have been a ton of retail supply chain changes this past year. Some will last, others will not. Let’s collectively lick our wounds and look forward. Here’s 5 predictions for the retail supply chain in 2021.

Correction, inventory

Much has been made of relatively low inventory levels across the retail supply chain this year. The inventory-to-sales ratio currently stands at 1.31, down from 1.40 this time last year. We at FreightWaves have...

https://s29755.pcdn.co/news/5-predictions-for-the-retail-supply-chain-in-2021

The Daily Dash: Q4 going strong; 2020 shipping trends to bleed into 2021

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, ArcBest continues a trend of less-than-truckload carriers reporting a strong start to the fourth quarter. Plus, XPO’s Drew Wilkerson sees many of the trends the supply chain experienced in 2020 continuing into 2021, and Trevor Milton has begun to sell shares in Nikola Corp.

More evidence of a strong Q4

ArcBest Corp. (NASDAQ: ARCB) is the latest less-than-truckload carrier to report that the...

https://www.freightwaves.com/news/the-daily-dash-q4-going-strong-2020-shipping-trend-to-bleed-into-2021

Demand for reverse logistics warehouse space seen rising, CBRE says

About 400 million square feet will be needed over the next five years to manage the expected according to a report to be released Tuesday by real estate services giant CBRE Inc. (NYSE:CBRE).

Most of the square footage to handle returns will come from older distribution centers which third-party logistics (3PL) providers and large retailers will vacate for newer facilities to support forward logistics operations, CBRE said. 

About 1.5 billion square feet of new logistics square footage will be...

https://s29755.pcdn.co/news/demand-for-reverse-logistics-warehouse-space-seen-rising-cbre-says

Capstone Logistics returns to H.I.G. Capital

Truck parked at facility door

Alternative investment firm H.I.G. Capital announced that an affiliate company has entered into an agreement to acquire Capstone Logistics from an affiliate company of private equity firm The Jordan Co.

Based in Peachtree Corners, Georgia, Capstone was formed by H.I.G. Capital in 2011, when it merged portfolio company Progressive Logistics Services with LMS Intellibound. H.I.G. sold Capstone to The Jordan Company in 2014.

Financial terms were not disclosed. The deal is expected to close in...

https://s29755.pcdn.co/news/capstone-logistics-returns-to-hig-capital

The Daily Dash: Double-digit rate increases are coming

freight rates could rise

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, truckload carriers may love 2021 if projections of double-digit rate increases turn out to be true. Plus, the Federal Motor Carrier Safety Administration will hold a listening session on broker transparency and which five states are the worst for truck drivers in bad weather?

Rising rates

Next year could be boom times for trucking, as analysts are rallying around the possibility of double-digit rate...

https://www.freightwaves.com/news/the-daily-dash-double-digit-rate-increases-are-coming

As e-commerce hits new heights, so do merchandise returns (with video)

The Reverse Logistics Association’s Tony Sciarrotta and DM Transportation’s Nicholas Isasi discuss reverse logistics at FreightWaves Last Mile Logistics Summit

Purchase returns and the reverse logistics portion of last-mile delivery have become a focal point as more consumers settle into the lifestyles and purchasing habits that have become the new norm in a COVID world.

Consumers’ acceptance of a digital retail channel has provided salvation to many retailers that have seen pandemic-related shutdowns choke off traditional in-store buying. At the FreightWaves Last Mile Logistics Summit on Thursday, Tony Sciarrotta, executive director, Reverse Logistics...

https://www.freightwaves.com/news/as-e-commerce-hits-new-heights-so-do-merchandise-returns-with-video