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canadian wildfire burning 2023

The Logistics of Wildfires

In recent years, wildfires have been spreading across countries, causing extensive damage to communities and resulting in harmful environmental impacts. Additionally, logistics has been severely affected, with 75% of the global supply chain being altered by wildfires and El Niño phenomena.

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The Hidden Costs and Benefits of Packaging

Packaging accounts for over $150 billion in annual spending for manufacturers and shippers. It also contributes to 75% of greenhouse gas emissions from the supply chain. However, to alleviate environmental risks, many companies are investing in re-shoring factories, “just-incase” inventories, and qualifying alternative suppliers to build flexibility.  

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Turning Challenges into Opportunities: 2024 Outlook

The global supply chain witnessed a tumultuous year in 2023, with significant changes across all modes of transportation. From inflation and labor issues to strategic cargo theft and environmental initiatives, the industry faced a complex landscape. For the outlook of 2024, understanding these key trends is paramount for navigating the future of logistics. 

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