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Against All Odds, Trade Going Strong
“Resilient” seems to be the key word to describe global trade today. Despite myriad challenges—the aftermath of the pandemic, inflation, the war in Ukraine, a rocky stock market—global trade is persisting at strong levels, according to the latest DHL Trade Growth Atlas, published by DHL and the NYU Stern School of Business. The report maps […]
Read More“Make, Move, Sell” Companies Shift Business Models: Necessity Begets (Re)Invention
With the adage “necessity is the mother of all invention” as a guide, businesses are embracing change and cultivating innovation in response to continued supply chain turmoil.
Read MoreSupply Chain Leaders Reconfigure Distribution Networks
Given everything that has transpired across the globe over the past two years, supply chain leaders are evaluating and executing changes to their supply chain/distribution networks as well as their sourcing and manufacturing strategies.
Read MoreLast Mile Holiday Trends: Ho Ho Ho, Oh No?
Even though summer recently ended, it’s never too soon to think about the holiday shopping—and shipping—season in the retail and e-tail logistics world.
Read MoreGlobal Cold Chain Outlook: Cold Is Hot
The global cold chain market is a bright spot in the perishables business landscape. It was valued at $253 billion in 2021, and is projected to reach $437 billion by 2028, at a CAGR of 8.1%, according to a SkyQuest Technology Consulting report.
Read MoreTop 5 Supply Chain Disruptions
New data from Resilinc highlights the top drivers of supply chain disruptions for the first half of 2022. From January through June, Resilinc’s EventWatchAI platform alerted its customers to an astounding 7,929 potential supply chain disruptions (a 46% YoY increase) with the life sciences, healthcare, high-tech, and automotive industries being most impacted. The top five […]
Read MoreConsumers Go on an Online Spending Spree
Despite current worries about an economic downturn, consumers are still shopping—especially online. And retail logistics companies keep shipping products. As a result, the global retail logistics market is forecast to jump from $231 billion USD in 2021 to $622 billion USD by 2030. That computes to a 12% compound annual growth rate over that time. […]
Read MoreWarehouse Space: Can you find it?
Need warehouse space? It should be slightly easier to come by into 2023. A recent Prologis report focused on Q2 2022 activity and predictions for 2023 expects a small increase in vacancies. The reason: Demand will drop and supply chain movement will improve, which will get more products into the marketplace. Here are some key […]
Read MoreSupply Chains Out of Sync
There are some harsh words for the logistics and supply chain sector in the 33rd Annual State of Logistics Report, revealed recently at the National Press Club in Washington, D.C. U.S.-based supply chains are “out of sync,” caused by struggles to adjust to short-term changes, the report claims. The good news, though: the industry is […]
Read MoreChemical Logistics Market Grows
$317.17 billion That’s the estimated size of the chemical logistics market by 2026, according to The Business Research Company’s Chemical Logistics Global Market Report 2022. The figure represents a compound annual growth rate (CAGR) of 3.9% over the next 5 years. For 2022, the chemical logistics market size will grow to $271.73 billion, up 7.9% from […]
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