Increasing demand for warehousing space conveniently close to major ports and accessible by shippers and carriers has become a significant concern in the last half of the year. This crunch in warehouse space and rising demand is primarily driven by the growth of e-commerce shipping and the surge of ocean freight containers (primarily from China) hitting U.S. ports across the country. Meanwhile, drayage service is in high demand, and the rest of OTR trucking faces stronger demand too. Such pressures lead to tighter capacity and higher costs, which increases rents and fees and creates a much more competitive environment for shippers and carriers. This demonstrates why import storage and warehouse space procurement remain key to the supply chain.
Warehouse inventory management can enjoy a significant boost in productivity with access to outsourced services and tools. In most cases, inventory management companies with medium and large warehouses are conveniently located in areas that have easy access to interstate highways, ports, airfields, trucking hubs, and more. In addition, these facilities usually come prepared with trucking fleets and all the required equipment needed to transport various goods. Rather than struggling to make everything fit into one management system and building a single warehouse management system to manage inventory, outsourcing to third-party platforms allows for broader access and a greater variety of tools to be utilized. And according to Gartner, “More businesses are looking to outsource fourth-party logistics (4PL) than ever before, with 42% of respondents to Gartner’s Logistics Outsourcing Survey and Analysis looking for providers that can design, build, run and measure logistics functions.” Inventory assistance with bonded warehouse management for the modern warehouse system is best managed by outsourcing for the following reasons.
With the rise of eCommerce, the way business works has become less transparent. When brick-and-mortar stores were the norm, it was easier to grasp the workflow for how products got purchased and delivered into the hands of consumers. In this article, we’ll break down the what pick and pack is.
Customs bonded warehousing is a protected area where imported and exported goods are kept. The only difference between a custom bonded warehouse and non-bonded warehouses is the connection of the warehouse with Customs. In this article, we'll explain why you need customs bonded warehousing.
The importation and exportation of goods is a lucrative business that comes with a number of challenges. Importers always have to grapple in choosing options that won’t jeopardize their businesses. They always look for alternatives that won’t require them to pay instant duty for storing goods. In this article, we'll analyze the differences between a foreign trade zone versus a customs bonded warehouse.
In logistics, peak shipping season refers to the heightened shipping activity caused by the “back-to-school effect” on retail shopping. During the months of August until late November, countless students get ready to return to school.
In the world of logistics, a large number of terms, abbreviations, and slang can confuse any outsider. To those unfamiliar, 3PL (third-party logistics) companies like Port City Logistics and 4PL (fourth-party logistics) companies like Deloitte operate similarly, yet have a few small differences that force them into different categories.
Whether you run a business or you're at home, a late shipment of an expected product or item can be frustrating. For businesses, it could delay the launch of a series of products. For homeowners, they may rely on that item or set of clothes for the next day. Despite the frustration, shipments delays can be excused on some occasions. The following are a few reasons why delays may happen:
For businesses engaged in manufacturing, import, export, transport and trading of commodities, warehousing plays an important role in facilitating an effective supply chain. This is why it is important to choose a logistics partner that will meet ALL your transportation needs including storage.