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3PL Logistics Trends and News
Freight recovery in 2025, real-time tracking evolves logistics, and P2P fashion rentals growth
Recently in Logistics; Fitch Ratings forecasts a gradual recovery for North American freight and logistics in 2025, following a challenging period. Advanced tracking technologies like cellular, Bluetooth, and RFID are enhancing real-time package visibility....
Shoppers to return $890B, Gen Z revives malls, and Lululemon sees 9% growth
Recently in Logistics; Shoppers are expected to return $890 billion in merchandise in 2024, accounting for 16.9% of retail sales, according to the NRF. Gen Z prioritizes in-person shopping for instant gratification and social connections, despite being digital...
Diversify carriers for holidays, retail spending soars, and Abercrombie names new CFO
Recently in Logistics; As the holiday season approaches, businesses face logistical challenges such as capacity shortages and delays. Retail spending is set to hit its highest since 2019, with a 32% rise per consumer, says JLL. Abercrombie & Fitch reported a 14%...