Mergers and acquisition in the 3PL industry are on the upswing, with deals in the first two quarters of this year outpacing all of last year, says Ronald Lentz of G2 Capital Advisors. Lentz looks at factors driving this trend and other issues impacting the industry's financial health.
CargoSmart Limited, a vendor of shipment-management software, has created Big Schedules, a sailing-schedule search platform that helps shippers and logistics service providers to manage and visualize their ocean routes.
Contract terms being demanded by shippers and consignees in their agreements with logistics providers have become unacceptably onerous and one-sided, says Philip M. Coughlin of Expeditors International. Coughlin details common requirements, such as shifting all risk to providers, which he considers unfair, as well as discussing ideas on how to move forward.
The total number of global natural gas refueling stations is expected to grow from 23,001 in 2015 to 38,887 in 2025, according to a Navigant Research report.
Product returns are typically seen as a necessary headache and a cost drain. But companies can use their return policies to enhance customer loyalty and increase profits.
The term "digital supply chain" describes the integration of advanced technology, big data, and analytics to better manage and execute the physical supply chain, says Frederick Hartung of Jabil. He explains how this is playing out today and what it means for the future.
Even though the invoice-to-cash cycle is critical to corporate health, many companies give little attention to the billing process, says Sean Smalley of Billtrust. Many opportunities exist within that process, however, to speed payment and reduce costs.
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.
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