Logistics

NRF is pegging 2024 retail sales to increase between 2.5%-to-3.5% to between $5.23 trillion and $5.28 trillion. Should this forecast come to fruition, NRF said that it would top 2023 retail sales, which rose 3.6% to $5.1 trillion.

As key parts of this expansion, the company said that it has set up new locations in Mexico City, Monterrey, and Laredo, Texas, and also tapped 30-year logistics veteran Troy Ryley as President, Echo Mexico.

OnTrac said this new service offering went into effect on Saturday, March 16, adding it is available in 75% of its delivery network, covering 31 states and Washington, D.C., reaching more than 175 million consumers.

Did the fear of product shortages contribute to the rapid price increases?

The pending acquisition of Chippenham, UK-based Wincanton, a supply chain solutions services provider across myriad vertical markets, by Greenwich, Conn.-based global contract logistics services provider GXO Logistics appears to remain on track, according to a “scheme of arrangement” recently issued by Wincanton.

In this podcast, Jeff Berman, Group News Editor for Logistics Management and the Peerless Media Supply Chain Group, interviews Ben Gordon, founder and managing partner of Palm Beach, Florida-based Cambridge Capital, and managing partner of Ben Gordon Strategic Advisors.

The company said that this business unit now has more than $200 million euro ($218.2 million USD) in freight under management and is on track for $2 billion ($2.18 billion USD) by 2028.

Large businesses are more likely to make strengthening their supply chains a priority, report finds.

Food and beverage giant has found partners that are helping it remake its supply chain.

Change may reflect too many carriers being unable to meet stricter standards said Zipline CEO.

The company said that the new 138,500 square-foot facility will enable DHL eCommerce to process more B2C (business-to-consumer) domestic volume, supported by around 130 staffers, for customers in Virginia and the Mid-Atlantic region.

Governmental policies and regulations have become an integrated part of supply chain life

Ways in which industry stakeholders have adjusted to a post-pandemic market, coupled with how they are moving forward, were front and center in a Logistics Management reader survey of 156 freight transportation, logistics, and supply chain stakeholders.

Company officials explained that the driver for this new office is focused on meeting increased demand in cross-border services, in tandem with February U.S. Census Bureau data indicating Mexico has moved past China as the leading exporter to the U.S. for the first time since 2002.

UPS noted that with this move it is the first global small package carrier in Canada to provide committed Saturday ground residential delivery of shipments from the United States and within Canada at no additional charge.