Found in 247 News & Content,
with a score of 5.59
Pitney Bowes released its annual U.S. Parcel Shipping Index on Wednesday, and it was a great year for Amazon. The shipping giant showed an impressive 15.7% increase in parcel volumes compared to the previous year, passing UPS and closing in on the US Postal Service, which remains the leader with FedEx being fourth. More Supply Chain News U.S. Manufacturing Gains Momentum After Another Strong Month Apple Overtaken as World’s Largest Phone Seller Why are Diesel Prices Climbing Back Over $4 a Gallon? Walmart Unleashes Autonomous Lift Trucks at Four High-Tech DCs UPS and FedEx both experienced declines in parcel volume…
Found in 247 News & Content,
with a score of 1.93
…These four things comprise what we call Active Shipping Management—a methodology that empowers shippers to proactively take action. More specifically, these leading shippers continually plan, measure, optimize, and monitor their shipping activity and operations. Understanding Active Shipping Management With the Reveel Shipping Intelligence™ Platform, shippers now have near real-time access to data that makes Active Shipping Management more powerful than ever. Some of the things shippers can now do with Reveel include: Plan: They can forecast shipping expenses and budgets, support strategic decision-making, perform data-driven financial planning and analysis, and execute SKU-level analysis of product profitability. Measure: They can optimize…
Found in 247 News & Content,
with a score of 1.18
…UPS announces plans to close around 200 U.S. facilities Parcel Experts Weigh in on New Partnership Between UPS and USPS FourKites and BuyCo Team Up to Improve Ocean Freight Management Women in Supply Chain: Meagan Fitzsimmons Whether it’s a fully electric, a variety of diesel run on alternative fuels, hydrogen-powered or even battery-powered, the truck of 2035 is likely to be run on a completely different power grid than today’s traditional diesel fuel. “I’m excited about the momentum and investment occurring in our industry relative to alternative fuel types,” says Derek Leathers, chairman, president and CEO of Werner Enterprises, the…
Found in 247 News & Content,
with a score of 1.77
…planned to handle it. And as a result, it will be incrementally positive for UPS, not negative.” Visit Logistics Management to read the full story.
Found in 247 News & Content,
with a score of 2.53
…that impacts the bottom line of companies reliant on parcel shipping services. Traditional methods like spreadsheets or the basic analysis offered by parcel spend management vendors have been widely used to analyze such impacts. But it’s not enough. Rising parcel shipping costs, lack of transparency, and increasing complexity in the parcel shipping industry make it nearly impossible to determine which costs can and cannot be controlled. Continue reading to learn how Parcel Spend Management 2.0 will help businesses overcome these challenges with actionable insights, advanced analytics, modeling, and simulation. What is Parcel Spend Management 2.0? Where Parcel Spend Management (PSM)…
Found in 247 News & Content,
with a score of 3.31
…noted that by 2027, one out of every three parcels transported by air will stem from online purchases, marking a notable increase from the current rate of one out of five. MORE AIR CARGO STORIES: Retailers Pivot Supply Chain Strategy, Seek Red Sea Alternatives | Revenues Fall at UPS Majeres underscored that in 2022, the volume of parcels, totaling 170 billion, was four times higher than in 2014. By 2027, this figure is projected to escalate to 256 billion, representing a 50% growth from 2022 levels. “This means we have a tsunami of new parcels to process,” Majerus warned. “When…
Found in 247 News & Content,
with a score of 2.96
…provider GEODIS announced the launch of a new multi-carrier parcel shipping solution designed to significantly improve e-commerce fulfillment for businesses across the Americas. As the e-commerce industry continues to evolve, the software will help companies optimize costs, enhance on-time performance, and provide seamless integration with various carriers. The company launched its GEODIS eLogistics platform in January of 2023. More Efficiency and Flexibility The new parcel shipping solution facilitates direct carrier connections, eliminating the need for manual uploads of rates and surcharges. This streamlines e-commerce fulfillment operations, empowering businesses to reduce costs and improve operational efficiency. Additionally, the software offers customers…
Found in 247 News & Content,
with a score of 0.86
…standard. Furthermore, Packsize users can now enhance their Warehouse Management System (WMS) cartonization with Paccurate’s API, which generates nearly unlimited box sizes for right-sized packaging machines, ensuring the ultimate packaging solution for parcel shippers. Steve Larsen, Packsize Vice President of Global Strategic Partnerships “Partnering with Paccurate combines our strengths in right-sized, on-demand packaging technology with Paccurate's advanced cartonization software, enabling us to further our mission to reduce supply chain emissions by reducing filler materials, wasted corrugated, and unnecessary truckloads. This collaboration is not just about technological integration; it's about redefining what's possible in packaging efficiency and freight savings. By leveraging…
Found in 247 News & Content,
with a score of 1.78
…Operations, embraced Reveel’s Shipping Intelligence™ Platform to optimize their parcel shipping operations. With over 40% year-over-year growth and a complex shipping environment spanning e-commerce and brick-and-mortar stores, MFCP needed a strategic solution. Traditional methods lacked visibility and precise data, making it difficult to manage costs proactively, negotiate effectively, and optimize shipping operations efficiently. Reveel’s Shipping Intelligence™ Platform offered MFCP a comprehensive solution to their shipping challenges. The platform’s advanced analytics, benchmarking capabilities, and real-time data insights empowered MFCP to plan, measure, optimize, and monitor their shipping activity with unprecedented precision. Active Shipping Management became the cornerstone of their approach, focusing…
Found in 247 News & Content,
with a score of 1.48
…recently reported a noticeable slowdown in business for United Parcel Service (UPS), a development that may not bode well for the carrier but presents a unique opportunity for businesses reliant on shipping services. In the ebb and flow of commerce, timing is everything, especially when it comes to negotiating contracts. With UPS’s current dip in business activity, the moment could be ripe for renegotiating your carrier agreement. Let’s delve into why and how you should capitalize on this opportune moment. The Landscape: A Dip in UPS Business The WSJ article showcases a downturn in UPS’s business, which is attributed to…
Found in 247 News & Content,
with a score of 4.09
Parcel Shipping RateLinx and Reveel announce a strategic partnership to enables businesses to optimize their parcel spend management while simultaneously achieving performance gains in their freight and logistics operations. As part of the partnership, shipping and fulfillment operations will benefit from the integrated approach RateLinx and Reveel make possible and the broad operational intelligence both companies' platforms deliver. Josh Dunham, co-founder and CEO of Reveel: “Parcel shipping doesn't take place in a vacuum. Our partnership with RateLinx will make it easier for our customers that have a diverse shipping mix that includes parcel, freight and 3PL to secure the radical…
Found in 247 News & Content,
with a score of 1.02
…City. To address these challenges, Titan implemented Körber’s order management system (OMS), customer care and customer experience platforms, and product information management (PMI) system, all of which comprise the Körber Enspire Commerce platform. Titan also implemented Körber’s warehouse management system (WMS). Related Resource Looking ahead – The future of Supply Chains Olaf Moschkau, director of business development at Körber Supply Chain Consulting, works in the area of the business that provides a comprehensive suite of products and services for operational logistics. From software solutions and SAP consulting to warehouse automation and AMR (autonomous mobile robots) technology, designed to streamline every…
Found in 247 News & Content,
with a score of 4.50
Today, most shippers are realizing that the parcel marketplace is subtlety nuance. In many cases, capacity demands have fallen, as e-commerce growth levels have eased, yet shippers remain frustrated with exponentially increasing prices. And to no one’s surprise, the Big Two carriers raised rates for 2024, announcing an identical 5.9% general rate increase (GRI). It was smaller than recent increases—but make no mistake, it’s going to drive up the cost of doing business for millions of shippers as well as their customers. In this Logistics Management & Supply Chain Management Review podcast, Group Editorial Director Michael Levans is joined by…
Found in 247 News & Content,
with a score of 0.89
…growth in 2023. In an interview with Supply Chain Management Review, Haushalter noted the list provides a starting point for discussions and a variety of factors—cost, real estate, service requirements, customer base, labor, etc.—play a role in ultimately determining where a warehouse is located. “We find that manufacturers, distributors and retailers like to be able to benchmark what they see and use that as a gauge to determine whether or not they have a problem, or an opportunity to revisit their warehouse networks,” he said. Haushalter said the list is designed to consider “if you essentially had to mail a…
Found in 247 News & Content,
with a score of 0.90
…Shipping Agreements Year-Round For any business that relies on parcel shipping, costs can easily spiral out of control if not given enough forethought and attention. Courier delivery services often up their rates with a general rate increase (GRI) and hard-to-find charges. Businesses need to vigilantly evaluate these changes relative to their own unique shipping profile to be able to accurately budget for the coming year. Read More Constant pricing changes by carriers also add to the confusion for the average shipper who simply does not understand what they are paying. “They often don’t know all the components of the pricing,…