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Think Tank
All Logistics: Page 273
As Much as 30 Percent of Inventory Could Be Dead or Obsolete
Quite often, even among well-run businesses, the actual costs of inventory are inaccurate, underestimated and incomplete. While most resellers know they have dead inventory, many are unaware of just how much. Studies show that in even well-run companies, anywhere from 20 to 30 percent of inventory is dead or obsolete.
Shoppers Buying More Online, But Don't Want to Give Up Physical Stores, Study Says
Avid online shoppers, who make two or more purchases online in a typical three-month period, are leading a retail revolution. These consumers are shopping more with their smartphones and demanding a more seamless experience between virtual and physical stores, according to the Fifth Annual UPS Pulse of the Online Shopper study.
Around New Container-Weighing Rule, Confusion Reigns
Still confused about what shippers must do to comply with that new regulation on the weighing of loaded containers at ports? You've got plenty of company.
Import Patterns Uneven, But 'Plenty of Merchandise' Expected for Back-to-School Sales
Import cargo volume at the nation's major retail container ports is expected to be mostly down through the summer but should see a significant uptick just before the winter holiday season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
With Insurance Picture Clearer, More Foreign-Owned Vessels Shipping Iranian Oil
More than 25 European and Asian-owned supertankers are shipping Iranian oil, data seen by Reuters shows, allowing Tehran to ramp up exports much faster than analysts had expected following the lifting of sanctions in January.
CaroTrans Debuts Weekly LCL Service Between Korea and Atlanta
CaroTrans, a global non-vessel operating common carrier, is launching a new, weekly less-than-containerload (LCL) service between Busan, Korea and Atlanta.
Air Canada Cargo Uses RFID Technology to Monitor Shipments
Air Canada Cargo is in the process of deploying an ultrahigh-frequency RFID solution to manage shipments as they move through its five hubs, or when they enter or leave one of the larger cargo-transfer stations it operates around the world.
Shortage of Truck Drivers Becoming Significant Problem
For the past 15 years, America's trucking industry has periodically dealt with a shortage of truck drivers, but in 2016 this issue has ballooned into a full-blown problem that doesn’t appear to be going away any time soon.
Ryder Unveils New Commercial Vehicle-Lease Options
Ryder System, Inc. has launched two new commercial vehicle-lease products.
Walmart Puts Drones Through Warehouse Inventory Management Trials
Soon, the labyrinthine aisles at Walmart's distribution centers - stocked high with canned beans, toys and many other products - could also have a low humming sound.
Retail Returns: An Opportunity to Drive Revenue Through Reverse Logistics
Returns have long been the bane of the retail industry. Brands and retailers know that a certain percentage of their sales are going to result in a returned product, whether it's an ill-fitting piece of clothing, an unwanted gift or a product that just doesn't work. It's part of the business, and returns are a critical part of the retail lifecycle.
MercuryGate Issues New Book on Transport Optimization Technology
MercuryGate International, Inc. has made available a new book on the art and science of logistics optimization.
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