At a time when more consumers are embracing e-commerce and global manufacturers are still trying to catch up to demand, international shipping companies and ports continue to face labor shortages.
The new year is sure to bring new challenges for logistics providers and retailers. Here are four thoughts on what the industry can expect to see in 2023.
What's changing with the e-commerce consumer? Robin Hooker, director of retail strategy with UPS, says delivery speed is only one element in crafting the ideal customer experience.
More and more companies are adopting advanced technologies such as blockchain, artificial intelligence, and the internet of things (IoT) to transform their supply chains and keep pace with market requirements.
Rate increases announced by FedEx for 2023 are the largest in history, says John Haber, chief strategy officer at Transportation Insight. Shippers and consumers need to prepare now.
All of these important trends will improve the performance and resiliency of supply chain and logistics and better align the industry with key global macro-trends such as sustainability.