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.
Temporary permits are needed for oversized cargo shipping because the transporting load is outside the standard shipping dimensions. These permits
Drayage serves as a short-distance transportation mode for goods, typically trucks, and is often associated with ports, rails, or warehouses.
The United States Lumber and Wood Industry is a supporting structure of the nation’s economy. With an average sales figure of $237 billion and providing 474,239 jobs, the industry’s influence is extensive. In this blog, go beyond the building and unpack the lumber industry, from forest to finish!
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.
The industry is also projected to grow at a CAGR of 5.6% between 2024 and 2032. North America is the top country with growth in this sector, primarily due to having major market players such as Deere & Company, AGCO Corporation, and Kubota Corporation.
Transportation and the supply chain industry witnessed unprecedented challenges in 2023. From market shifts and bankruptcies to labor unrest and global trade partnerships, the year was marked by events that shaped the industry in more ways than one.
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.
The housing market has been a crucial economic indicator for reflecting the nation’s financial health and influencing various sectors. Over the years, housing starts, or new residential constructions, have experienced fluctuations, from the booming 1960s to the 2008 recession.
The freight industry has undergone significant changes in the last couple of decades. Considering the recent closures in the sector, this has highlighted the vulnerability of many companies. Exploring the ebbs and flows unveils insights into how the economy has evolved in recent years, leading to multiple trucking companies closing.
The agriculture industry is the backbone of our global economy, providing food, feed, fiber, and fuel for the world’s population. In recent years, the sector has seen significant transformations driven by technological advancements, environmental concerns, and changing consumer preferences.
The air transportation system is complex and is an interconnected process that’s vulnerable to disruptions. The air cargo industry relies heavily on the efficient flow of freight through integrated transportation networks.
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