The e-commerce industry is currently facing its busiest holiday shipping season yet. Consumers are making more online purchases, not only for holiday gifts but for essentials. The numbers don’t lie. Overall online shopping has increased by 36.7% in 2020. According to CNBC, Cyber Monday was the largest U.S. online shopping day ever recorded with $10.8 […]
If you are a last-minute Christmas shopper, you may want to think of changing up your strategy this year. Online shopping and eCommerce have increased by 33% due to COVID-19, and because of this retailers and supply chains will be challenged handling higher volumes of shipments and returns. The global reverse logistics market is expected […]
At the beginning of 2020, the industrial real estate market was looking great. Unemployment was low and the economy was strong, giving people confidence to be more assertive with their investments. Businesses were making longer term commitments and investing money to expand their operations. The coronavirus pandemic had a direct impact on distribution strategy, and […]
On July 1, 2020 the United States-Mexico-Canada Agreement (USMCA) will replace North American Free Trade Agreement (NAFTA). The new trade agreement updates policies to account for new technology and changes in the economy. The USMCA contains new laws related to intellectual property, e-commerce, and the internet which were not written into NAFTA. What does this […]
Post-COVID Supply Chain Trends These are unprecedented times. COVID-19 has created uncertainty, risk, and destabilization of the marketplace. However, there may be a silver lining to how the pandemic will affect change. Already we have experienced many workplace safety improvements and developed new processes and policies aimed at protecting employees. You may be surprised to […]
The novel coronavirus pandemic brought about a surge in ecommerce. Consumers, retailers, and distributors were pressed to adopt ecommerce due to stay-at-home orders, mandated store closures, and forced shutdowns. The concept of ecommerce is definitely not new, but for some businesses without an online presence, the practice can be overwhelming – especially when it must […]