Logistics and Supply Chain Trends We Expect to See in 2024
GlobeCon Freight
by admin
3M ago
A rise in digitization, pandemic-related bottlenecks, labor shortages, and an increased emphasis on data visibility and automation have shaped the last few years in the supply chain industry. Will these patterns continue? What else is on the horizon? Here are some potential 2024 supply chain trends to keep an eye on: Improved data visibility Throughout […] The post Logistics and Supply Chain Trends We Expect to See in 2024 appeared first on GlobeCon Freight ..read more
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5 US Infrastructure Projects You Should Know About
GlobeCon Freight
by admin
4M ago
As we close out 2023, there are a number of infrastructure projects on the horizon in the United States. Many of the projects that had previously been delayed due to various pandemic-related disruptions have resumed this year. Additionally, Congress has passed the Bipartisan Infrastructure Deal (Infrastructure Investment and Jobs Act), ushering in a new era […] The post 5 US Infrastructure Projects You Should Know About appeared first on GlobeCon Freight ..read more
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The Top 4 Supply Chain Hurdles of 2023
GlobeCon Freight
by admin
5M ago
The COVID-19 pandemic brought the importance of a resilient supply chain to the forefront. With delays in the supply chain and inventory woes wreaking havoc on businesses over the past several years, the 2023 supply chain outlook was somewhat guarded, and being prepared for disruption has been a critical focus throughout this year. So, are […] The post The Top 4 Supply Chain Hurdles of 2023 appeared first on GlobeCon Freight ..read more
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The First Trans-Pacific Green Shipping Corridor is Becoming a Reality
GlobeCon Freight
by admin
5M ago
Global shipping plays a crucial role in international trade, but it also contributes significantly to greenhouse gas (GHG) emissions. Because the majority of ships are powered by fossil fuels, the shipping industry currently accounts for 2 to 3% of global carbon dioxide (CO2) emissions — and that number could rise to 17% by 2050 if […] The post The First Trans-Pacific Green Shipping Corridor is Becoming a Reality appeared first on GlobeCon Freight ..read more
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How to Solve the Most Common EDI Challenges
GlobeCon Freight
by admin
6M ago
Electronic data interchange (EDI) leverages specialized software to reconfigure business documents in a standard electronic format. This allows supply chain and logistics companies to share and gather data from documents (e.g. purchase orders, invoices, customs forms, bills of lading) regardless of their original format. EDI reduces the need for manually re-keying data, speeding up fulfillment […] The post How to Solve the Most Common EDI Challenges appeared first on GlobeCon Freight ..read more
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3 Reasons to Partner with a 3PL for Transloading and Warehousing Services
GlobeCon Freight
by admin
6M ago
If you’re a beneficial cargo owner, working with a third-party logistics (3PL) partner — especially one that provides both transloading and warehousing services — can offer a number of efficiencies for your business. In this post, we’ll discuss how the combination of these services can result in three key benefits: cost savings, increased flexibility, and […] The post 3 Reasons to Partner with a 3PL for Transloading and Warehousing Services appeared first on GlobeCon Freight ..read more
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2023 State of Logistics Report Highlights
GlobeCon Freight
by admin
7M ago
On June 20th, Kearney released its 2023 State of Logistics Report for the Council of Supply Chain Management Professionals (CSCMP). This annual snapshot of the American logistics sector details supply chain trends. Last year’s report found that supply chains were “out of sync,” due to product scarcity and supply chain bottlenecks related to the pandemic. […] The post 2023 State of Logistics Report Highlights appeared first on GlobeCon Freight ..read more
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$1.5 Billion in State Funding Slated for California Port Improvements
GlobeCon Freight
by admin
7M ago
In July 2023, Governor Newsom announced that $1.5 billion in state funding will go toward upgrading California port infrastructure. These upgrades will come in a sweeping overhaul geared toward sustainability and increased efficiency. Of that funding, almost $600 million will go toward the Port of Long Beach and Port of Los Angeles. The ports of […] The post $1.5 Billion in State Funding Slated for California Port Improvements appeared first on GlobeCon Freight ..read more
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Nearshoring is on the Rise
GlobeCon Freight
by admin
8M ago
For decades, China has been considered a key player in global manufacturing, with its inexpensive, skilled labor and its ability to support supply chain infrastructure. But now, many U.S. businesses are instead turning their sights toward Mexico and Canada, which have seen an increase in nearshoring over the past few years. In the past, offshoring […] The post Nearshoring is on the Rise appeared first on GlobeCon Freight ..read more
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LTL vs. FTL: Which Is Right for Your Business?
GlobeCon Freight
by admin
8M ago
In today’s highly competitive shipping market, you may be weighing the pros and cons of less-than-truckload freight (LTL) and full truckload freight (FTL) for transporting your products from the ports. Common wisdom on this subject often serves as the guidepost for many in the freight industry. Many consumers now expect lightning-fast fulfillment speed, which is […] The post LTL vs. FTL: Which Is Right for Your Business? appeared first on GlobeCon Freight ..read more
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