Top Business Trends Shaping A Post-Covid-19 Environment
Few would have predicted a year ago that 2020’s challenges would result in such dramatic changes. Global supply chains were interrupted, business and personal interactions shifted online, and remote work took off at an almost unimaginable scale.
Outbound tender volumes on the rebound
The Outbound Tender Volume Index (OTVI) has recovered from the holiday disruption and now sits at 14,344. Tender volumes are now on par with the last weeks leading up to Christmas, and the index is back in an uptrend. Since the OTVI does encompass some rejected contract tenders, it’s important to adjust the index to account for this.
Port of Long Beach pads record book
The Port of Long Beach’s busiest year ever is in the books, with more than 8.1 million container units moved in 2020. Two other records were achieved: December, with 815,885 twenty-foot equivalent units (TEUs) moved, was the busiest month ever and Q4 was the busiest quarter in the port’s 110-year history with 2,406,010 TEUs handled.
Connected Logistics Market Sales and Revenue by Companies, Regions, Type and Application till 2026
Connected logistics is an interconnected system that delivers real-time data about the goods and products that are carried during transportation. The use of real-time concepts such as IoT and AI have allowed improved efficacies.
Blockchain Brings Value to Touchless Supply Chains
With supply chains forced to operate on thinner margins, digital transformation is leapfrogging business priorities. The time to act is now. But onboarding proven technology to confront COVID-19-related challenges can feel as daunting as the pandemic itself.