Freight bottlenecks, cyber perils are top risks in 2022
Risk of supply chain disruption to remain elevated this year, risk management reports show.
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ARTICLES
Edge computing holds rising value for logistics and manufacturing firms, Gartner says
Companies will look for new applications for distributed decision making between 2022 and 2025, report predicts.
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Forecast says U.S. drayage rates will continue to rise in Q1
Rate increases caused by port bottlenecks, low carrier capacity, and low availability, BookYourCargo says.
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Increased shipping volumes, higher LTL rates on tap for 2022
Shippers expect higher pricing, tight capacity, and other supply chain challenges to continue alongside anticipated business growth, Averitt Express survey shows.
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XPO Logistics expands LTL network
Freight transportation provider adds terminals, maintenance shops and increases trailer manufacturing capacity as part of long-term plan to drive growth, efficiency.
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Boston welcomes 12,000-TEU Ever Fortune
Conley Container Terminal welcomes largest container ship to call on Port of Boston.
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Pharma distributor adds 3PL arm
Biocare, Inc. forms LogiCare3PL to provide logistics services to specialty drug manufacturers.
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IBM acquires Australian firm for its environmental performance tracking tools
Buying Envizi will help suers create more resilient and sustainable supply chains, firms say.
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Supply chain HR firm WorkStep lands $25 million for worker retention tools
Investors say approach is needed for logistics providers to cope with growth of e-commerce, next day, and same day shipping.
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Forecast says shipping costs will stay “sky high” through first quarter
Trend driven by price increases from parcel and LTL carriers, pricing leverage from truckload fleets, AFS and Cowen find.
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