The current labor crisis has put a new spin on how logistics professionals are leveraging their labor management systems (LMS) to work more efficiently in today’s e-commerce, omni-channel environment.
There’s nothing static about warehouse management systems from enterprise resource planning suppliers. The user base is expanding at a notable clip, and next-generation supply chain technologies from the Cloud to data analytics and smart glasses are in their future.
Over the past few years, we’ve used our June issue to address the importance of continuing education and the steps logistics management professionals can take to help recruit, nurture and retain the single most valuable asset of any organization—its people.
This year an estimated $2 billion owed by the U.S government to eligible businesses will go unclaimed. The funds are available through duty drawback, a U.S. Customs and Border Protection (CBP) initiative that offer businesses a refund of up to 99 percent of certain import duties and taxes paid on products that are later exported…Details
Done right, economies of scale can lower a carrier’s average costs and the freight rates charged to their customers. Getting it right is a balance.
Future pricing leverage worrisome
In a move that may augur a new global strategy for third party logistics (3PLs) parties, CEVA Global Logistics, LLC (CEVA) and IMS Worldwide, Inc. (IMSW) recently announced that they have entered into a Strategic Alliance to offer the benefits of Foreign Trade Zone (FTZ) services to customers in the United States.
Falling 0.3 cents, the national diesel average now stands at $3.285 per gallon. Even with the decline, this marks the second highest weekly average since the week of December 29, 2014, when the weekly average came in at $3.213, standing only behind last week’s $3.288 average.
The Thomasville, N.C.-based carrier reported that LTL tons per day increased 15.3% in May on an annual basis, with the main drivers being an 11.0% increase in daily LTL shipments and a 3.9% increase in LTL weight per shipment. And for the second quarter-to-date period, LTL revenue per hundredweight is up 6.7% annually.Details