Pivot and flex: How traditional retailers can thrive in e-commerce

A photograph of two men talking to each other.

Retailers that can pivot between online sales and foot traffic smoothly and successfully will be the ones able to take full advantage of the rapid rise in e-commerce, according to Shawn Stewart, president and managing director for North America for third-party logistics company CEVA Logistics (OTCMKTS: CVLGF).

E-commerce “has been a fantastic option for [retailers] to stay open and stay profitable,” Stewart said Tuesday during the FreightWaves North American Supply Chain Summit. “Anything they...

https://www.freightwaves.com/news/pivot-and-flex-how-traditional-retailers-can-thrive-in-e-commerce

Transportation capacity tightens further, pricing climbs higher

November LMI shows transportation capacity is 'contracting at an increasing rate'

The November Logistics Managers’ Index (LMI) report shows transportation prices are “increasing at an increasing rate” with capacity “contracting at an increasing rate.”

The supply chain survey of leading logistics executives shows the industry continued to grow at a rapid pace in the month, registering a 70.8% reading, down only 0.8 points sequentially. The overall index sits nearly 20 points higher than the all-time low logged in April, the height of the pandemic-related lockdowns, and is tied...

https://s29755.pcdn.co/news/transportation-capacity-tightens-further-pricing-climbs-higher

Logistics giant NFI Industries adding 5,000 jobs

Supply chain solutions provider NFI Industries is hiring 5,000 people before the end of 2020 to speed holiday shipments and meet the pandemic-induced demand for goods to manage life at home and work under the same roof.

Other evidence: Per-mile freight rates are rising along with tender rejections. Fleets ordered 52,000 new trailers in September, the third-highest order month on record.

Some of the new NFI jobs are seasonal. Others are full-time positions. The company wants experienced and novice...

https://www.freightwaves.com/news/logistics-giant-nfi-industries-adding-5000-jobs

Commentary: Why are investors looking at supply chain technologies in 2020?

The views expressed here are solely those of the authors and do not necessarily represent the views of FreightWaves or its affiliates.  

Since the coronavirus pandemic took hold earlier in 2020, supply chain has become a household word. Investors, like the public, have woken up to the fact that supply chains are the engine driving economic prosperity.

Almost perversely, supply chain is also the final frontier of tech-based efficiency optimization. Insiders joke (quite fairly, as it turns out)...

https://s29755.pcdn.co/news/commentary-why-are-investors-looking-at-supply-chain-technologies-in-2020

Prologis sees market for logistics space turn corner from pandemic

Prologis facility

The world’s leading logistics real estate investment trust (REIT), Prologis Inc. (NYSE: PLD), said demand for logistics real estate has held up well through COVID-19, accelerating further during June. Lease proposals are up 21% over the recent 30-day period given the scarcity of logistics space.

The San Francisco-based company reported better-than-expected second-quarter 2020 financial results Tuesday, with core funds from operations (FFO) coming in at $1.11 per share, 12 cents better than the...

https://www.freightwaves.com/news/prologis-sees-market-for-logistics-space-turn-corner-from-pandemic

Commentary: 5G is coming. What happens then?

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 

The number of bytes of data generated per day is in the quintillions. Recording more video via Zoom or Skype, connecting more machines, household appliances – and perhaps autonomous vehicles as well – via the Internet of Things (IoT) is sure to increase the daily rate exponentially.

Gathering data is one thing, moving it within an ever-growing global community of...

https://www.freightwaves.com/news/commentary:-5g-is-coming-what-then?

Commentary: Never let a good crisis go to waste

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.  

Attention all logistics and supply chain professionals – it’s time to keep a laser focus on recovery. We’ve all been put to the test by COVID-19 – particularly in our supply chains. My hat is off to those of you who successfully navigated the unforeseen changes in demand and had the flexibility to rebound.

And for those of you operating with manual processes and...

https://s29755.pcdn.co/news/commentary:-never-let-a-good-crisis-go-to-waste

Commentary: FedEx/Microsoft partnership points to era of supply chain platforms

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 

On May 18, FedEx and Microsoft announced that they are joining forces to transform commerce. It is the kind of announcement I have been looking forward to and expecting for some time because of Microsoft’s share of the market for desktop operating systems.

It is also the kind of announcement that gives us an idea of where innovation in the supply chain may be...

https://s29755.pcdn.co/news/commentary-fedex-microsoft-partnership-points-to-era-of-supply-chain-platforms