The market is shifting; shippers and carriers should prepare

It’s no secret that COVID had an enormous economic impact in 2020 and the years succeeding, especially on the logistics industry. 2020 saw carriers bursting at the seams and shipping rates higher than ever, creating a favorable market for carriers.

As shipping volumes and COVID-induced spikes started to decline, however, carriers were left with a lot of excess capacity, leading to diminishing rates at the same time fuel costs were spiking following Russia’s invasion of Ukraine. This created a...

https://www.freightwaves.com/news/the-market-is-shifting-shippers-and-carriers-should-prepare

Shippers need top-notch data visualization to navigate peak season surcharges

boxes stacked on a front porch

It’s that time of year again. Halloween candy has hit the shelves, Christmas decorations are popping up at big box stores, and carriers are beginning to prepare for holiday-fueled demand surges. 

UPS has announced plans to hire over 100,000 seasonal employees to meet peak season demand, and the U.S. Postal Service is gearing up to add 28,000 new workers.

As a result of this increased hiring — as well as rising inflation — peak season surcharges have climbed steeply over the last year.

“The...

https://www.freightwaves.com/news/shippers-need-top-notch-data-visualization-to-navigate-peak-season-surcharges

Data, optimization key to eco-friendly supply chain, experts say

An aerial view of semi-trucks passing on major roads are moving goods.

Data and optimization can improve efficiencies in supply chains, save shippers money and reduce greenhouse gas emissions, according to logistics experts who shared insights on Friday in honor of National Supply Chain Day.

“In transportation, it’s one of those rare industries where going green and being more sustainable is a one-for-one in cost reduction,” said Caleb Nelson, co-founder and chief growth officer at Sifted. “I don’t think most shippers understand that because the access to that data...

https://www.freightwaves.com/news/data-optimization-key-to-eco-friendly-supply-chain-experts-say

Illuminating hidden shipping data crucial to diagnosing supply chain health

Truck heading toward a thunderstorm.

The logistics industry is undergoing a veritable technological revolution. Companies across the supply chain are embracing digitization, prioritizing visibility and slashing inefficiencies. Throughout this process, shippers have become acutely aware of the importance of data-driven decision-making. 

For decades, professionals across the logistics industry were forced to make decisions based on a combination of gut instincts, outdated market insights and unreliable or incomplete data sets. This...

https://www.freightwaves.com/news/illuminating-hidden-shipping-data-crucial-to-diagnosing-supply-chain-health

Shippers need granular data to compete in volatile market

Easily accessible vaccines and loosened restrictions have prompted most folks to resume their pre-pandemic lifestyles over the past several months. Despite this seeming return to normalcy, pandemic-fueled headwinds continue to plague the logistics industry. 

Equipment delays, labor shortages and changing consumer behaviors have reshaped the transportation markets. Shippers have been grappling with strained capacity, sky high rates and serious opacity in the market. The industry is known for its...

https://www.freightwaves.com/news/shippers-need-granular-data-to-compete-in-volatile-market

eBook – The Future of Shipping and Its Challenges: 5 Top Predictions for 2022

Shipping challenges reached a peak in 2021 – and we’re here to tell you that things aren’t looking better for 2022.

Here’s a peek into some of our predictions:

  • Labor shortages and carrier capacity is morphing into a monster shipping problem
  • The 2022 GRI is only the beginning of spiked rate increases
  • Most disruptions will be internal – and easily avoidable

But that doesn’t mean your operations need to suffer. You have more control over supply chain disruptions than you realize.

Download our report...

https://www.freightwaves.com/news/ebook-the-future-of-shipping-and-its-challenges-5-top-predictions-for-2022

Survey: Even environmentally indifferent consumers want sustainable shipping option

Consumers call for more sustainable packaging and shipping in e-commerce.

As e-commerce skyrocketed during the pandemic, the environmental toll of home deliveries has not gone unnoticed. While some experts say that home deliveries are more efficient, this is only true if shoppers take fewer trips to stores.

And, consumers are recognizing the increase in plastic and what they consider to be excessive packaging used for shipping products to their doors.

Logistics data-science platform Sifted and experience management platform parcelLab published separate reports that...

https://www.freightwaves.com/news/survey-even-environmentally-indifferent-consumers-want-sustainable-shipping-option