Why are many companies choosing to outsource a variety of logistics functions to a single provider? They recognize the positive impact that integration can have on their company's supply chain, according to a new study just released by Saddle Creek Logistics Services.
Knowing how to effectively manage fuel costs is an important skill for 3PL providers, particularly in the current environment of volatile and spiking oil prices, says Skip Wendel, global vice president for consumer and retail at UTi Worldwide.
U.S. manufacturing has been one of the few bright spots of the recovery, restoring 489,000 jobs since the beginning of 2010. However, there are some significant geographic distinctions in that recovery, says a recent report.
According to the Pew Research Center, one-third of U.S. adults own a smartphone. With smartphones dominating the consumer market, it is more possible now than ever to conduct business while on the move. What does this mean for the transportation industry? It means drivers can have the increased ability to communicate transit information to agents and carriers, while agents can have a snapshot of every load they've brokered in their pocket. In essence, mobile applications provide the opportunity to take a streamlined approach to operational efficiency in the transportation industry.
The major expansion of internet retailing is expected to be the biggest driver of activity in the European logistics market - and the need for distribution space - in the coming three years, according to a survey conducted by global real estate advisor CBRE.
Recycled Energy Development (RED) has acquired the combined heat and power (CHP) projects at Dean Foods' facilities in City of Industry, Calif., and Franklin, Mass. Each project will produce approximately 2.0 megawatts of electricity and 4.5 MMBtu/hr of thermal energy from clean natural gas.
With all of the advances in forecasting technology and software, it's tempting to conclude that people don't need to play a direct role in the process anymore. But the opposite is true, says Jonathon Karelse, vice president of corporate development and strategic planning with Wholesale Tire Distributors.
Strength is returning to the market for mid-sized warehouses, though vacancies remain high for facilities of 100,000 to 200,000 square feet, says Rob Wheeler, vice president for industrial services at Cresa Chicago. Cresa Chicago is a real estate firm that works only with tenants. With 55 offices in North America, it is "the biggest real estate firm you've never heard of," Wheeler says.
Once a new technology tool becomes embedded in the business world, one tends to forget the doubt and confusion that marked its debut. As anyone over the age of 30 will recall, companies once debated the value of having websites. Early users of the internet were actively hostile to the notion of a network that was created for the defense and academic communities being co-opted by the commercial sector. Now, of course, any business that isn't on the internet is either utterly clueless or not serious about being a success. Yet we seem to be having the same debate all over again, this time centering on the proper role of social media.
More than 60 percent of surveyed companies view logistics as non-strategic, yet expectations for near-perfect performance are placing increasing stress on global logistics organizations, according to research and advisory firm Gartner Inc.