COVID-19 has drastically impacted consumers and altered their spending behaviors, causing a significant increase in global e-commerce. According to Transport Topics, “global e-commerce sales are expected to exceed $4 trillion this year compared with $3 trillion in 2019,” as detailed in a logistics trend report. Shoppers have shown hesitation to go into crowded stores, and as a result, online shopping and pursuing pick–up orders have become their tendency. According to Hartford and Reed on Talk Business […]
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Pumpkins are the heartwarming color and traditional component of fall festivities in the United States. Whether consumers are picking pumpkins at the pumpkin patch or shopping at a local grocery store, many do not consider the logistics required to meet our country’s high demand. Examining the Facts Nearly 1.5 billion […]
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The historic contraction in crude oil demand hit rock bottom in April when oil prices went into negative territory for the first time in history. This unprecedented collapse has recovered to currently trade at $41.45 a barrel, according to oilprice.com, as the global economy recuperates from the height of the […]
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The ongoing constraints on the global supply chain, as a result of the COVID-19 pandemic, will have a short-term effect on consumers, shippers, and carriers. But how will the supply chain appear following the containment? How will capacity be affected? And how will the world adjust? The freight industry plays […]
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Recently consumers have been excessively purchasing items in preparation of lockdowns and quarantines due to the recent pandemic, Coronavirus, also known as COVID-19. The freight industry plays an enormous role in the shipping of products and have experienced a large spike in demand, while the supply of specific goods continues […]
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Human Trafficking continues to have a large impact on today’s society, especially with the numerous forms of transportation. Traffickers are always on the move, meaning they need a reliable form of transportation. According NBC News “because traffickers often exploit the transportation system to move their victims across the country, […]
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Introduction With the development of new technology, the way the world conducts business continues to change. Technology is ever present and continues to be an immense part of modern-day business. Technology and logistics go hand-in-hand as they each strive towards a common goal, increasing efficiencies and decreasing costs. As 2020 […]
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Introduction Foreign Trade Zones (FTZ) are utilized by companies that import large amounts of goods as well as those who wish to defer and eliminate import taxes. A Foreign Trade Zone can be an effective, cost-reducing strategy for any logistics operation. The number of FTZ’s continues to grow each year and […]
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Introduction Although the holiday season may seem far away to consumers, the transportation industry has been planning far in advance for this peak time of year. Most individuals in the transportation and logistics industry are thinking about this as early as August to ensure they are prepared for this upcoming […]
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Introduction Usually, most people look forward to the start of September. The leaves start to change and apples and pumpkins are in season, however, this time of year also brings hurricane season. This may not affect everyone in the United States, but the transportation industry experiences a very large impact. […]
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