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By the Numbers

24.88%

One-quarter of shippers experienced shipping capacity challenges in 2020. However, Averitt Express reported that its survey also revealed the largest jump in shipper confidence in six years: 73.44% expected to ship more in 2021.

Today’s Quote/Unquote

“Businesses tend to set inventory policies and hardly look at them again. Inappropriate inventory policies create many downstream problems in supply chains. Stock obsolescence, lost sales, wrong stock at the wrong location — these all drive increased costs and infuriate customers.”

— Pang Mei Yee, DHL Consulting's head of Asia Pacific and global practice lead for supply chain and analytics (Business Insider)

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