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Global Cold Chain Outlook: Cold Is Hot

Global 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.

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Top 5  Supply Chain Disruptions

Top 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 […]

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Consumers Go on an Online Spending Spree

Consumers 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. […]

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Warehouse Space: Can you find it?

Warehouse 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 […]

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Supply Chains Out of Sync

Supply 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 […]

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