SUPPLY CHAINS

Demand for 4PL services forecast to surpass $104B by end of 2030

As global supply chains face significant uncertainties in 2025 due to ongoing geopolitical disruptions and evolving trade policies, more companies are looking for one-stop-shop solutions such as fourth-party logistics providers (4PLs).

The 4PL market has grown 10% over the past two years and is expected to have a compound annual growth rate of 8.39% to reach $104.54 billion by the end of 2030, according to a study by Verified Market Reports.

“There’s more disruption. There’s more fluidity in the...

https://www.freightwaves.com/news/demand-for-4pl-services-forecast-to-surpass-104b-by-end-of-2030

Tariffs could reshape North American supply chains for autos, lumber, agrifoods

Automotive companies on both sides of the U.S.-Mexico border could feel the most pain if President-elect Donald Trump moves forward with his proposed 25% tariffs on all imports from Canada and Mexico once he takes office Jan. 20.

A 25% tariff imposed on parts and vehicles coming from Canada and Mexico to the U.S. would “break the entire system” of the North American automotive supply chain, said John Lash, group vice president of product strategy at e2open.

Austin, Texas-based e2open is a...

https://www.freightwaves.com/news/tariffs-could-reshape-north-american-supply-chains-for-autos-lumber-agrifoods

Bettaway Supply Chain Services promotes inclusion for employees with autism

A New Jersey supply chain company is making its workforce more inclusive by partnering with a local nonprofit to train people who have autism, providing them skills to become competitive job candidates.

Bettaway Supply Chain Services, based in South Plainfield, is entering its third year of partnering with We Make – Autism at Work, a nonprofit that helps people with autism or an intellectual or developmental disability develop vocational skills. The program’s success is an example of what can be...

https://www.freightwaves.com/news/bettaway-supply-chain-services-promotes-inclusion-for-employees-with-autism

Flexport expands Convoy Platform to connect more brokers, carriers

Flexport announced Monday it is expanding the Convoy Platform for brokers by giving them access to thousands of carriers in its network across the country.

The global supply chain solutions provider acquired Convoy’s technology and intellectual property in November, after the digital truck brokerage shut down permanently in October.

The Convoy Platform was launched in February, aiming to build a one-stop shop to ship products around the world.

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https://www.freightwaves.com/news/flexport-expands-convoy-platform-to-connect-more-brokers-carriers

Port of Baltimore calamity shows supply chain’s vulnerabilities

Bart

By Bart De Muynck

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
Companies continue to make their supply chains more resilient to respond very quickly to supply chain disruptions. Some disruptions can be modeled or even predicted in some cases. But others are hard to predict and show that even with all the technology and process improvements in the world, supply chains remain vulnerable.

We’ve seen this over...

https://www.freightwaves.com/news/port-of-baltimore-calamity-shows-supply-chains-vulnerabilities

2024 presidential election may have big impact on supply chains

Bart

By Bart De Muynck

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

The first two months of 2024 have already put stresses on U.S. supply chains due to many global disruptions. We find ourselves in the midst of a presidential election year, leaving many people wondering how this will further impact the U.S. economy. This year marks the 60th quadrennial presidential election, scheduled for Tuesday, Nov. 5.

Predicting...

https://www.freightwaves.com/news/2024-presidential-election-may-have-big-impact-on-supply-chains

PIL and DP World team up to decarbonize global supply chains by using alternative fuels

Singapore’s shipping company Pacific International Lines (PIL) and Dubai-based port operator DP World have signed a memorandum […]

The post PIL and DP World team up to decarbonize global supply chains by using alternative fuels appeared first on Offshore Energy.

https://www.offshore-energy.biz/pil-and-dp-world-team-up-to-decarbonize-global-supply-chains-by-using-alternative-fuels/

What Fortune 500 is learning from the automotive industry

“Over the past century, Henry Ford’s innovation — the automotive assembly line — has transformed virtually every manufacturing process. Now a new innovation is following a similar trajectory. Real-time visibility solutions, developed and battle-tested by the automotive leaders, are transforming every industry, from health care to retail to defense.”  – Greg Nelson, FreightVerify 

When Greg Nelson discussed FreightVerify’s carrier certification program at FreightWaves’ Future of Supply Chain...

https://www.freightwaves.com/news/what-the-fortune-500-is-learning-from-the-automotive-industry

Where is DOT’s Freight Office?

WASHINGTON — The U.S. Department of Transportation has yet to stand up a government office crucial to freight transportation, a worrying sign that new infrastructure projects worth billions in federal dollars may not be receiving the attention and oversight they need.

DOT’s Office of Multimodal Freight Infrastructure and Policy (Freight Office), authorized by the Bipartisan Infrastructure Law (BIL) enacted on Nov. 15, 2021, was given wide-ranging responsibilities related to funding and...

https://www.freightwaves.com/news/where-is-dots-freight-office

Plus One Robotics raises $50M for AI-powered parcel handling

Plus One Robotics announced Tuesday that it has raised $50 million in series C funding.

With the most recent funding round, the AI-powered parcel handling robotics platform’s total funding to date is nearly $100 million.

Company officials said they will use the additional capital to increase capacity and rapidly scale deployment of its AI software-powered robots, as well as expand sales and marketing efforts in North America and internationally.

“The growth of e-commerce has placed tremendous...

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