Data shows Canada port strike impacting US logistics
July 11, 2023
The Canadian west coast ports strike is creating a trade situation we have not seen since COVID. The ITS Logistics Port/Rail Ramp Freight Index shows nothing but a sea of red, and the fuel heating up this dumpster fire is the reconsignment of containers once bound for Canada, which will now be unloaded in the United States.
The End Of The Supply Chain Crisis: A Relief From Inflationary Pressures
July 9, 2023
Not more than a year ago, all eyes were focused on the disruption in the global supply chain. Ports were backed up, transportation costs were soaring, and there was a shortage of essential consumer goods. These bottlenecks caused massive stress in the economy and skyrocketing inflation. Today, things are very, very different.
Four Supply Chain Predictions For 2023
February 8, 2023
Broken by an unprecedented global event in 2020, the supply chain still has some kinks in it. The pandemic created a cataclysmic disruption to the supply chain that is still causing reverberations, even into 2023—shelves are still not stocked with some once-common items while others sit in warehouses. This has a lot of analysts talking about things like supply chain resiliency, multi-sourcing and supply chain transparency—which sound great in theory, but there is currently no underlying architecture to support some; others simply won’t work in the real world.
Supply Chain Trends 2023: Risk Resilience Beats Transformation Every Day Of The Year
February 6, 2023
Experts have released their latest supply chain trends, revealing an obsession with risk resilience, and who can blame them? A swath of predictions mirror the pressing concerns of a business world in search of safer harbors during turbulent times. In a recent Gartner survey of supply chain organizations, respondents said their top four priorities were commercial growth from the supply chain, real-time supply chain execution, authentic fulfillment of ESG commitments, and flexible work experiences. Here’s a quick recap of perspectives from these researchers and others forecasting how supply chain leaders will manage the challenges of 2023.
Why It’s So Hard to Map Global Supply Chains
October 31, 2022
The semiconductor chip shortage that hit the automotive industry in late 2020 highlighted two lessons in supply chain management. The first is the lack of upstream visibility remains the Achilles heel of supply chains. Firms often do not know their suppliers beyond those in Tier 1 and are thus prone to shocks in the upstream supply chain. The second is the supply chain of each firm is not isolated but is connected with other supply chains in a vast global network. This reality was made painfully apparent by the continuing shortages of semiconductors, when companies in different industries (e.g., automotive and consumer electronics) found themselves vying for chips from the same suppliers.
6 trends shaping the global supply chain in 2023
October 23, 2022
The one-two punch of the pandemic and the Great Resignation put shipping companies and ports at a severe disadvantage that both are still working to overcome. Consumers, meanwhile, who largely never gave the shipping industry a second thought before 2020, are learning a lot more about the ins and outs of getting products to manufacturers and stores. Right now, much of the focus is on the upcoming holiday season, with major retailers like Amazon strongly encouraging users to begin shopping early (through programs like the recently completed Prime Early Access Sale). But how do things look a little further down the line? Here’s what the experts have to say.
Imports are down, but ‘global supply chain challenges are far from over’
August 9, 2022
Fall and winter seasons are likely to see much lower import numbers at the country’s major container ports after a booming spring season, according to a Global Port Tracker report released Monday by the National Retail Federation, which reported earlier this month that they believe a recession in 2022 is unlikely, and Hackett Associates. Despite the slow in imports, ports will likely see a net gain over 2021 numbers. Retail sales are still growing, but the economy is slowing down and that is reflected in cargo imports. Lower volumes may help ease congestion at some ports, but other ports are still seeing backups and global supply chain challenges are far from over.
Analysis on supply chains in Canada
June 2, 2022
Challenges that have arisen since the beginning of the COVID-19 pandemic have shone a spotlight on the strength and resilience of supply chains. Many provinces and territories are feeling the effects from prior tightening and closing of borders, restrictions on the movement of people and goods, and the closure of businesses, which all had the potential to disrupt supply chains. As a result, the status of supply chains and the impact they have on their respective economies is of great interest.
Global Supply Chains Will Never Be “Normal” Again
May 21, 2022
The fallout from the COVID-19 pandemic’s impact on global supply chains has changed the way the world approaches trade. Supply chains will likely remain under constant threat of disruption over the next decade. Tightening supplies, high energy costs, and growing geopolitical risks are forcing countries to develop new technology to help mitigate supply chain challenges.
Global e-Commerce Logistics Market Outlook
April 11, 2022
The Global e-commerce Logistics 2022 addresses the key trends, challenges and developments facing the market in 2022 and beyond, whilst providing comprehensive market growth data and forecasts. The report contains bespoke market sizing and forecast data and analysis for 2021-2026, split by region and country. For the first time the report also breaks down the market by segment, providing growth and market share data for domestic, cross-border, fulfilment and last mile. The report also addresses e-commerce trends, including the potential within emerging e-commerce logistics markets, and how technologies continue to evolve and drive the market forwards.