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Colonial Pipeline; Consequences of fuel shortages, impact on logistics fees?

Many gas stations on the East Coast are reported to face significant fuel shortages. Some drivers have responded by accumulating fuel, which worsens the problem. The underlying problem is a ransomware attack that managed to shut down Colonial Pipeline. This is critical infrastructure for gasoline supply, distribution, and logistics fees in the US. Last Tuesday,

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4 key strategies of a solid reverse logistics plan

Suppliers around the world are facing higher rates of return today, in part due to more generous return policies, shifting consumer expectations, and increased e-commerce activity. But this imposes a significant and growing financial burden on businesses. The rate of return on products, also known as reverse logistics, can be mitigated when suppliers work to

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Prices for wooden pallets rise 400% amid shortages in storage, transportation and logistics

According to a report from the United Fresh Produce Association, there is a crack in the supply of wooden pallets. Given the diverse uses of pallets, this shortage will directly and indirectly affect many industries. For example, the lack of pallets has a tremendous effect on the supply chain of many companies. This adds to

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