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Supply Chain Dive | June 05, 2020
Airfreight volume fell more than 27.7% year over year (YoY) in April, according to the latest numbers from the International Air Transport Association (IATA).Freight capacity fell nearly 42% YoY in April. International belly capacity fell by about 75% YoY as a result of flight cancellations due to the pandemic, according to IATA."The result is damaging global supply chains with longer shipping times and higher cost," IATA’s Director General and CEO Alexandre de Juni...
LOGISTICS
ShipHero | October 25, 2021
ShipHero, the leading shipping and logistics platform for over 5,000 e-commerce brands and 3PLs, today announces it has acquired Cargo Cove Fulfillment, a full service logistics company based in Jacksonville, Florida. One of the few full service logistics providers in Florida, Cargo Cove Fulfillment offers fulfillment and shipping services to over 50 partnering e-commerce brands, which will now be fully integrated into ShipHero's fulfillment offering. Cargo Cove's philosop...
Nike | March 25, 2020
Shifting to a digital-first distribution strategy, "daily global demand and supply optimization" and tight cost management are major tenets of what Nike executives called their "coronavirus playbook" on a Tuesday earnings call. "Our measures of success in the near-term will be rooted in the amount of inventory on hand relative to the pace of digital demand, store re-openings and traffic patterns," CFO Andy Campion said. Nike saw gross margin decline 80 basis points ...
SUPPLY CHAIN
Sixfold | May 10, 2021
Sixfold, Europe's leading real-time transportation visibility platform has launched a data-sharing campaign aimed at a new era of openness, accessibility, and transparency in the supply chain and logistics sectors. The Open Visibility Data Exchange establishes a new data-sharing standard, allowing carriers and logistics service providers (LSPs) to take ownership of their real-time visibility data and optimize value for stakeholders in the supply chain. Accurate shipping ETAs h...
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