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AIRFREIGHT CAPACITY FALLS 42%, 'DAMAGING' GLOBAL SUPPLY CHAINS

Supply Chain Dive | June 05, 2020

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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...

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LOGISTICS

SHIPHERO ACQUIRES FLORIDA-BASED FULL SERVICE LOGISTICS COMPANY, CARGO COVE FULFILLMENT

ShipHero | October 25, 2021

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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...

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NIKE OPTIMIZING SUPPLY AND DEMAND DAILY TO WEATHER CORONAVIRUS STORM

Nike | March 25, 2020

news image

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 ...

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SUPPLY CHAIN

SIXFOLD INTRODUCES DATA SHARING INITIATIVE TO EMPOWER CARRIERS IN THE NEW ERA OF SUPPLY CHAIN OPENNESS

Sixfold | May 10, 2021

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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...

Read More
news image

AIRFREIGHT CAPACITY FALLS 42%, 'DAMAGING' GLOBAL SUPPLY CHAINS

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...

Read More
news image

LOGISTICS

SHIPHERO ACQUIRES FLORIDA-BASED FULL SERVICE LOGISTICS COMPANY, CARGO COVE FULFILLMENT

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...

Read More
news image

NIKE OPTIMIZING SUPPLY AND DEMAND DAILY TO WEATHER CORONAVIRUS STORM

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 ...

Read More
news image

SUPPLY CHAIN

SIXFOLD INTRODUCES DATA SHARING INITIATIVE TO EMPOWER CARRIERS IN THE NEW ERA OF SUPPLY CHAIN OPENNESS

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...

Read More