With logistics workforce shortages affecting nearly three quarters of all logistic companies, steps need to be taken to avoid customer disappointment during the approaching peak season. The performance of supply chain “is being undermined by an endemic lack of staff – with 37% of companies experiencing high workforce shortages. The biggest problems are in transportation operations, closely followed by warehouse operations, and the impacts are being felt throughout the supply chain, from financial performance to customer service.”
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Category Archives: warehouse
DSV GROWS INTO WORLD’S BIGGEST LOGISTICS FIRM
DSV is about to become the world’s biggest logistics firm after agreeing to buy Schenker, the logistics arm of German state rail operator Deutsche Bahn, for 14.3 billion euros ($15.85 billion). DSV, a logistics firm that had humble roots as a small enterprise of 10 truckers in 1976, has grown exponentially through “a string of successful acquisitions – some larger than the company itself – in a crowded logistics market.”
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HOW AI IS TRANSFORMING LOGISTICS
Artificial intelligence is spurring on unfathomable new opportunities for logistics and supply chain management. Despite this fact, many organizations remain uncertain about how best to move forward with implementation. Chris Caplice, the executive director of the MIT Center for Transportation and Logistics, exclaims: “AI is a moving target… it’s not sitting still; it’s aspirational because what was considered AI 30 years ago — even 20 years ago — is not considered cutting-edge AI anymore. It’s always that thing that exceeds our grasp.”Read more…
TOP SCHOOLS FOR HIRING LOGISTICS STUDENTS
Insights from CEOS and Directors have helped “in the quest to discover the most fertile grounds for recruiting the next generation of warehouse and logistics talent.” These Execs have revealed their top schools for finding interns and recent grads, from the best schools for supply chain talent to the best ways for tapping into the array of local talent pools. Read more…
LOGISTIC CHAINS BRACE FOR US SUPPLY CHAINS STRESS
Resilience of supply chains will be tested as US imports are on course for volumes at a height not seen over the past two years. Even without work stoppages and multitudinous disruptions, logistics providers are preparing themselves for the worst. According to the Global Port Tracker, published by the National Retail Federation and Hackett Associates, “box traffic pouring into US ports will climb to its highest level in two years in the coming weeks, and the authors predict a seven-month run of monthly import volumes north of 2m teu, fuelled by consumer spending and retailers stocking up.” Read more…
PGT TRUCKING HONORS SAFE TRUCK DRIVERS
PGT Trucking Inc. recently recognized over 150 safe drivers during the company’s annual awards event, held at the Acrisure Stadium in Pittsburgh, Pennsylvania. PGT has hosted the ceremony for over twenty years to honor the company’s drivers, office staff and their guests. Included amongst the honorees were “46 Million-Mile Drivers, 104 Safe Drivers and 24 Premier Professionals.” Read more…
LOGISTICS GIANT IN ARIZONA TO LAY OFF MORE WORKERS
Swiss logistics firm Kuehne + Nagel Inc. is planning to lay off 227 Valley workers “after one of its customers, Honeywell Aerospace Technologies, decided to insource roles at two Valley facilities.” Kuehne + Nagel informed the Arizona Department of Economic Development about the position separations in an April 22 Workforce Adjustment and Retraining Notification letter. The positions span a multitude of roles in contract logistics and the cutbacks are set to happen on July 31. Read more…
1300 LAYOFFS HIT LOGISTICS COMPANIES ACROSS THE COUNTRY
Layoffs across the freight and logistics industry continue “with companies in Florida, Georgia, Illinois, Michigan and Texas announcing job reductions and facility closures over the past two weeks.” One example is that of Warren, Michigian-based Universal Logistics, which is permanently closing two of its subsidiaries and laying off a total of 677 employees, according to notices recently filed with the state. Read more…
AUTONOMOUS SEMI-TRUCKS ARE COMING
The advent of self-driving trucks could have an enormous impact on America’s supply chain, exponentially cutting the time it takes to transport goods from place to place and unfettering the trucking industry from the costs and physical limitations of the human workforce. The technology’s advancements have “sparked concerns about highway safety, job loss, a lack of federal regulation and a patchwork of state laws regarding where and how autonomous trucks can operate.” Read more…
TRUCK DRIVING MAY BE DANGEROUS, BUT LOGGING IS MOST HAZARDOUS
While truck driving may be one of the most hazardous professions in America, especially in terms of fatalities, no occupation in the United States can compare to the hazards of the logging industry, especially when controlling for the number of hours worked. Read more…