All Columns Entries
Sunday, September 01, 2013
It’s been 15 years since I sold a successful third-party logistics business to a group of investors. And I would like to say that the strategy and market approach of the third party logistics provider (3PL) industry has changed greatly in those years, but I can’t.
This is no magic bullet that makes it possible for organizations to suddenly excel at end-to-end inventory management: to hold the right amount at the right place at the right time; to maximize enterprise-wide responsiveness to shifting demand; and to ensure crystal clear views of in-transit, in-process, and finished-goods inventories.
Thursday, August 01, 2013
It’s my distinct honor to present the logistics and transportation community with the results of the 30th Annual Quest for Quality Survey
. The publication in your hands marks the culmination of a six-month research project conducted by Peerless Research Group (PRG) that’s become known over three decades as the single most important measure of customer satisfaction and service performance excellence available in the logistics and transportation industry.
In the past months, ABF Freight System and UPS Freight announced 5.9 percent general rate increases, effective May 28 and June 10, respectively. Con-way Freight will raise its LTL rates 5.9 percent on June 24. On June 10, FedEx Freight announced a 4.5 percent GRI in non-contract base rates effective July 1, and other large carriers are expected to follow suit over the next several weeks.
A lot of global companies are hoping that emerging markets will prop up their bottom lines. They could be disappointed.
One needs to look no further than the futures market for evidence that analysts’ forecasts are rarely correct. In every trade, the buyer believes that prices will rise, and the seller believes the exact opposite. Not often do you see an analyst publicly reflect on a prior forecast—except, of course, when their goal is to make a “victory lap.”
Monday, July 01, 2013
Looking for a great way to kick off your summer reading? Well, look no further than page 28. Once again, we’ve devoted a sizable portion of our July issue to putting the Annual State of Logistics Report into context for shippers.
In last month’s column I focused on the volatility of domestic intermodal rail. I cautioned that shippers should expect pressure in major routes associated with import and export because ocean rates are in turmoil as world markets adjust to new capacity and an uneven economic recovery.
Some large companies believe that their commitments to risk management stifle innovation.
This year marks the centennial anniversary of the opening of the Panama Canal. And as I write, laborers are expanding the canal so that it can accommodate vessels that are 25 percent longer, 53 percent wider, and whose draft is 23 percent deeper.