Quite often, even among well-run businesses, the actual costs of inventory are inaccurate, underestimated and incomplete. While most resellers know they have dead inventory, many are unaware of just how much. Studies show that in even well-run companies, anywhere from 20 to 30 percent of inventory is dead or obsolete.
Avid online shoppers, who make two or more purchases online in a typical three-month period, are leading a retail revolution. These consumers are shopping more with their smartphones and demanding a more seamless experience between virtual and physical stores, according to the Fifth Annual UPS Pulse of the Online Shopper study.
Still confused about what shippers must do to comply with that new regulation on the weighing of loaded containers at ports? You've got plenty of company.
Import cargo volume at the nation's major retail container ports is expected to be mostly down through the summer but should see a significant uptick just before the winter holiday season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
More than 25 European and Asian-owned supertankers are shipping Iranian oil, data seen by Reuters shows, allowing Tehran to ramp up exports much faster than analysts had expected following the lifting of sanctions in January.
CaroTrans, a global non-vessel operating common carrier, is launching a new, weekly less-than-containerload (LCL) service between Busan, Korea and Atlanta.
Air Canada Cargo is in the process of deploying an ultrahigh-frequency RFID solution to manage shipments as they move through its five hubs, or when they enter or leave one of the larger cargo-transfer stations it operates around the world.
For the past 15 years, America's trucking industry has periodically dealt with a shortage of truck drivers, but in 2016 this issue has ballooned into a full-blown problem that doesn’t appear to be going away any time soon.
Soon, the labyrinthine aisles at Walmart's distribution centers - stocked high with canned beans, toys and many other products - could also have a low humming sound.
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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