While it’s common knowledge that each generation of workers has different requirements, the degree to which current job seekers vote with their feet when it comes to choosing companies based on these preferences is surprising. A CNBC/Momentive survey released earlier this month found those in the job market want to work for firms that share their values.…
DetailsHave you ever played chess? It’s a simple game where two players square off against each other with 16 pieces each on a board with 64 spaces. By the time each player is three moves into the game, there are 121 million ways the game could have unfolded. In fact, there are so many different…
DetailsAs if transportation and logistics executives didn’t already have enough challenges to deal with, high fuel prices have been added to their plate. As reported in a recent CNBC article, “Diesel prices are contributing to inflationary headwinds due to the fuel’s vital role in the American and global economy. Tankers, trains, and trucks all run on…
DetailsYou’ve probably heard the phrase, “May you live in interesting times.” It’s supposedly a Chinese curse, although there is no verified Chinese source for the phrase. Nonetheless, to live in interesting times, per the curse, is to live in times of trouble and uncertainty. I think we can all agree that we have all been…
DetailsCargo theft is a rising issue for shippers across the county, especially in the food and beverage industry. In fact, it was one of the highest-targeted commodities in North America, accounting for 33% of cargo thefts in 2020,[1] with the average loss valued at $87,556. [2] Cargo theft can have a negative impact on your business, but…
DetailsWhat role do 3PLs play in the greater logistics industry? Logistics and transportation operations are an essential part of the supply chain process. A third-party logistics provider (known as a 3PL), is an outsourced company that helps businesses manage their logistics processes to achieve greater efficiency and reduce the costs involved with the transportation of goods. They…
DetailsKey performance indicators (KPIs) are essential to maintaining a successful logistics operations. They connect data and metrics to show if your operations perform as expected and highlight what strengths or weaknesses may exist. But deciding which logistics KPIs to track isn’t always straightforward. Many logistics organizations have different goals — whether to reduce shipping costs or improve…
DetailsThe cost of fuel is hitting record-breaking numbers. The average American is paying more every time they go to the pump, and the transportation industry has also been massively impacted. Carriers are paying more to fill up their trucks and this is reflected in the fuel surcharges being applied by major freight carriers to cool…
DetailsA great deal already has been written about the impact of the pandemic, fully socializing jargon such as “new normal,” “next normal,” “unprecedented disruption,” etc. Changes in our lives, economies and supply chains are ubiquitous and well embedded now. It’s time to focus on how we innovate and optimize our businesses and operations in this…
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