Container service reliability across the three main East-West trades reached a new data series high in September, rising by 6.5 percentage points over August to the new record of 79.9 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.
The most pressing concerns for consumer packaged goods companies today are transportation and network redesign - priorities that just two years ago barely registered on their radar, according to a report by The Boston Consulting Group and the Grocery Manufacturers Association.
Challenge: A Leading company making RFDI tags for various industries saw a market opportunity within the "roll-off" container industry. Costing between $2,500 and $10,000 each, roll-offs are often "sub-leased" without permission or stolen. Inefficiencies in managing these assets resulted in "lost" containers that cannot be rented to another customer, leading to the loss of potential revenue.
Newgistics Inc., a provider of logistics services and technology for retailers and brands, will provide delivery in the U.S. for products purchased through AliExpress, the e-commerce unit of Alibaba that connects Chinese businesses with international buyers.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.