With industry-wide uncertainty, organizations are forced to quickly and cost-effectively expand their capacity to adapt to seasonal, promotional, or economic variances. But what are the best techniques in which to do so?
In the Logistics Management research brief, “Adapt and React: Leveraging Flexible Labor Strategies to Manage Volatile Demand,” discover firsthand how:
- Roughly 75% of organizations surveyed struggle to identify and train qualified workers
- 60% of logistics providers want more visibility into idle or nonproductive time
- 100% can find ways to improve on these problems with the right labor management system
Subscribe to Logistics Management magazine
UPS today announced diluted earnings per share of $1.32 for the third quarter 2014, a 13.8% improvement over the prior year period. Operating profit increased 8.3%, resulting from balanced growth across all three segments.
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico increased 4.4 percent from August 2013 to August 2014 at $100.6 billion.
As expected, global trade dipped from August to September but still saw annual gains, according to data issued this week by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.
Transportation and logistics merger and acquisition (M&A) activity in the third quarter saw annual gains, which were driven by smaller deals in the trucking logistics, shipping, and passenger air sectors, according to data issued in the Intersections report by PwC this week.
With the holidays rapidly approaching, it appears retailers are not quite done getting inventory set up and on the shelves in time for what is expected to be a fairly active shopping season. That much was evident based on recent data for September volumes issued by the Port of Los Angeles (POLA) and the Port of Long Beach (POLB).