Thursday, July 16, 2015
Are you striving to bring new products to market faster and optimize supply chain efficiencies? Without fully integrating trading partners to connect your entire global supply chain, this is an impossible objective.
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Posted on 07/16 at 07:52 AM
The rapid growth of omnichannel and multichannel distribution is pressuring shippers to perform to ever-higher standards, meaning warehouse managers need to find more effective ways to manage human resources.
Among companies surveyed for a recent study conducted on behalf of Kronos®, approximately half of respondents expect omnichannel costs to increase in the next 12 months. Of those, 66 percent say their labor costs are currently up 15 percent and 62 percent estimate labor costs will grow 12 percent in the upcoming months.
Clearly, without an effective labor management strategy, shippers risk losing business and wasting money.
Posted on 07/16 at 07:45 AM
Wednesday, July 15, 2015
Quarterly operating income at $1.017 billion rose 2 percent, and quarterly revenue at roughly $3.06 billion was down 6 percent, and operating ratio for the quarter dropped to 66.8 for a new all-time record.
Posted on 07/15 at 12:37 PM
Even with some declines, data issued this week by the American Trucking Associations (ATA) still makes it clear that the annualized turnover rates for truck drivers still remains high.
Posted on 07/15 at 10:26 AM
driver turnover •
Transportation and logistics bellwether UPS said this week it has expanded its UPS Preferred multimodal freight services portfolio with the introduction of a less-than-container load (LCL) option for China-to-Europe rail shipments.
Posted on 07/15 at 09:35 AM
In a development certain to resonate with logistics managers, the Federal Maritime Commission has just released a report entitled U.S. Container Port Congestion & Related International Supply Chain Issues: Causes, Consequences & Challenges.
The cost and the pain of the U.S. West Coast congestion were so high that many shippers will definitely re-route a portion of their Asian freight volume to the Gulf, East Coast ports and the Canadian ports.
Tuesday, July 14, 2015
House Ways and Means Committee Chairman Paul Ryan (R-WI) and House Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA) yesterday introduced the Highway Transportation and Funding Act of 2015. This bill would reauthorize surface transportation programs through December 18, 2015 and be paid with roughly $8 billion in common sense reforms, according to Ryan and Shuster.
Posted on 07/14 at 01:03 PM
Momentum created by decent retail sales growth in May did not carry over into June, with sales showing unexpected declines, according to data issued today by the United States Department of Commerce and the National Retail Federation.
This marks the seventh straight weekly drop during which time the average price per gallon has dropped, with the cumulative decline at 9.5 cents. And it also marks the longest period of weekly declines to date in 2015 as well.
Posted on 07/14 at 10:04 AM
Diesel Prices •