All Features Entries
Friday, August 01, 2014
Through record-high investments and a sharp focus on service, rail and intermodal providers are still delivering on their service promise to shippers—and doing it with improved efficiency, say LM
As we’ve reported over the last year, even the most dominant U.S. ports can’t afford to become complacent in the face of several factors currently converging.
Earlier in the year, Executive Editor Patrick Burnson issued the forecast that 2014 would be the year ocean cargo carriers finally return to profitability.
According to Evan Armstrong, president of 3PL consulting firm Armstrong and Associates, U.S. 3PL gross revenue in 2013 saw annual gains, up 3.2 percent over 2012 at $146.4 billion. He says that while global trade and economic activity serve as the “ultimate drivers” of market growth, the maturity of competitive service offerings and the size of major players are contributing to slower growth rates.
As noted in the 25th Annual State of Logistics Report, the air freight industry has been facing chronic overcapacity and deteriorating yields—and data surfacing in new research mirror these findings.
For over 30 years, Logistics Management’s Quest for Quality Survey has been regarded in the transportation and logistics industry as the most important measure of customer satisfaction and performance excellence—and the annual Quest for Quality Awards Dinner has been widely considered the best evening of the year for carrier and 3PL executive networking.
The P3 Network was nixed in June, and now the world’s largest ocean cargo carriers are facing a vexing dilemma: how to reorganize global services and still make money. Meanwhile, shippers will be forced to manage other huge carrier partnerships during this peak season.
With ERP vendors gaining traction in the supply chain execution market, top analysts suggest that best-of-breed providers are going to need to step up their game. We dissect the intersection of ERP and supply chain management software and discuss how the cloud could drive further progress.
Long regarded as upstarts, today’s emerging markets are demanding respect as they vie for genuine contention in today’s global marketplace. These climbers are concentrating on their logistical advantages to capture market share and attract new investment.
Once seen as a necessary evil, lift truck maintenance costs prove ripe for efficiencies that save money and boost productivity. We look into new best practices and technologies that help introduce discipline into fleet management.