Recently in Logistics; Canada has responded to the Tariffs imposed by the United States with Tariffs of their own. A.I. is optimizing LTL logistics with predictive analytics. Retail returns are set to hit $890B in 2024, driven by e-commerce. Canada’s retail sector remains strong, with high demand in grocery, fitness, and luxury. Spending on generative A.I. apps like ChatGPT and Google Gemini soared to $1.1 billion in 2024.
Canada Retaliates with 25% Tariffs on U.S. Goods
Canada is imposing 25% tariffs on $155 billion worth of U.S. imports in response to U.S. tariffs on Canadian goods. The first phase, starting Feb. 4, targets $30 billion in products like orange juice, beer, and appliances, while the second phase will cover items such as vehicles, steel, and dairy. Canadian officials called the U.S. tariffs unjustified and warned of potential further measures if they continue. Both nations have left the door open for further trade escalations.
Source: Supply Chain Dive
A.I and Predictive Analytics Reshaping LTL Logistics
A.I. and predictive analytics are transforming LTL logistics by optimizing operations and improving delivery accuracy. Experts stress the need for data context, collaboration, and predictive modeling to drive efficiency. As A.I. adoption grows, it will refine logistics strategies and automate key processes, making data-driven decision-making essential for industry leaders.
Retailers Tackle Rising Return Challenges
Retailers are facing increasing return rates, with total returns projected to reach $890 billion in 2024, driven largely by e-commerce shopping habits. Fraudulent behaviors like bracketing and wardrobing are growing concerns, prompting retailers to tighten policies while balancing customer satisfaction. Apparel remains the most frequently returned category, especially after promotional periods. To manage costs and prevent abuse, businesses are refining their return strategies while maintaining convenience for trusted shoppers.
Canadian Retail to Stay Strong in 2025 Despite Uncertainty
Canada’s retail sector remained resilient in 2024, with low vacancies and high tenant demand, especially in grocery, fitness, and luxury apparel. While sentiment is positive for 2025, factors like immigration trends, tariffs, and interest rate fluctuations could create hurdles. Despite limited new development, rental growth continues in key markets, with grocery and athleisure brands expanding.
Source: Retail Insider
Generative A.I. App Spending Surges to $1.1B in 2024
Consumer spending on generative A.I. apps like ChatGPT and Google Gemini surged 200% year-over-year in 2024, reaching $1.1 billion. This rapid growth positions the category to potentially enter the top 10 by consumer spending within a year. The wider availability of these A.I. platforms contributed to a significant rise in revenue, while overall consumer time spent on mobile devices increased 5.8%. As consumers become more accustomed to in-app purchases, the mobile app market continues to evolve, with new categories gaining traction.
Source: Retail Dive
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