Following negative numbers in four of the last five months, import volume at the nation's major retail container ports is expected to grow 1.7 percent in August over the same month last year and should continue to see gains through the holiday season and the remainder of 2013, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates. The year is expected to end with a 2.4-percent increase over 2012.
In the coming years, the global shipping industry is expected to decline by five percent to 10 percent, according to Global Shipping Industry 2013 - Forecast, Trends and Opportunities, a report from Taiyou Research.
Logistics complexity - in the form of fragmented channels, increased product variations, and consumer demand for customized solutions - has been increasing, according to a global study published by BVL International, a worldwide supply chain and logistics membership organization.
Retail has an $800bn problem, according to research firm IHL Group. That is the collective cost of inventory distortion in out-of-stocks and overstocks among retailers today, and it could increase same-store sales by 9.2 percent if completely fixed.
Third-party logistics companies with experience in Mexico and strong partnerships with leading Mexican carriers and customs brokers can make cross-border shipping a truly seamless activity, says Dennis McCaffrey of XPO Logistics.
Remember the early days of cell phones when a new model seemed to appear every week and each one looked dramatically different? This is typical of a new product market. Initially, wildly different variants are released and tested in the market, but eventually they converge on a common core set of features. That is, a dominant design emerges from the pack that becomes the de facto standard.
Is a similar process redefining logistics in the US?
Smith and Associates surveyed 200 respondents spanning across the electronics industry and found that 68 percent identified mobile applications as the most influential technology in the supply chain. Although some organizations are still using traditional tools in the supply chain process, more companies are now turning to smartphones, handheld computers and other mobile devices to reap the benefits of improved mobility and flexibility.
The latest news, analysis, services and systems regarding global logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods faster and farther around the world than ever before through global logistics solutions. New technologies that provide information during 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 global logistics solutions to power their supply chains.
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