<ul class="summary-list"><li>Kuehne + Nagel and <keyword id="13293122" type="UNKNOWN" weightage="60" keywordseo="dhl" source="Orion">DHL</keyword> joined FedEx and UPS in suspending freight imports to <keyword id="11894337" type="UNKNOWN" weightage="60" keywordseo="russia" source="Orion">Russia</keyword>.</li><li>DHL has also closed its offices and operations in <keyword id="11985141" type="UNKNOWN" weightage="60" keywordseo="ukraine" source="Orion">Ukraine</keyword>, citing safety concerns. </li></ul>Freight giants Kuehne+Nagel (K+N) and DHL have suspended services to Russia with immediate effect. <a href="https://www.businessinsider.com/live-updates-russia-ukraine-crisis-2022-2">The Russian army continues to attack Ukraine following its invasion on Thursday</a>. Fighting has reached major cities leading to concerns that civilian casualties will increase. In a <a href="https://home.kuehne-nagel.com/-/news/update-on-ukraine-and-russia">statement</a> on Tuesday evening, K+N announced it was suspending all import shipments to the Russian Federation "with immediate effect," except for "pharma, healthcare and humanitarian supplies". On Wednesday, DHL <a href="https://www.dhl.com/global-en/home/global-news-alerts.html?region=americas&amp;country=us">announced</a> a similar measure but is also including <a href="https://www.businessinsider.com/belarus-lukashenko-revealed-map-russias-ukrainian-invasion-plans-2022-3">Russia's ally Belarus</a> in the suspension. The company said it's also closed its offices and operations in Ukraine, citing employee safety. The two joined other major US freight firms FedEx and UPS who restricted services to the Russian Federation on February 27, per <a href="https://www.reuters.com/business/autos-transportation/ups-fedex-halting-shipments-russia-ukraine-2022-02-27/">Reuters</a>. The move places further pressure on Russia's ability to send and receive goods after giants <a href="https://www.businessinsider.com/maersk-pauses-russia-shipments-except-food-medical-humanitarian-aid-2022-3">Maersk and ONE suspended container shipments to the nation</a>. The UK government has closed its ports to Russian owned ships.Foreign governments have also closed their skies to Russian aircraft, <a href="https://www.businessinsider.com/how-western-sanctions-affecting-russian-economy-ukraine-central-bank-putin-2022-2">alongside a swathe of economic sanctions</a> in response to President Vladimir Putin's invasion. Businesses including — <a href="https://www.businessinsider.com/apple-stops-sales-in-russia-pulls-state-media-ukraine-2022-3">Apple</a> and <a href="https://www.businessinsider.com/disney-warner-halt-movies-releases-russia-turning-red-batman-2022-3">Disney</a> — are matching the economic sanctions by foreign governments, by restricting services into the nation. There are warnings that the disruptions could have a wider impact on <keyword id="11921986" type="UNKNOWN" weightage="60" keywordseo="supply-chains" source="Orion">supply chains</keyword> around the world. <a href="https://www.businessinsider.com/nike-stops-selling-shoes-online-russia-fedex-ups-shipping-retreat-2022-3">Nike temporarily suspended deliveries into Russia because there is no one left to take them</a>. In its statement, K+N acknowledged that the sanctions, coupled with the closure of air corridors above Russia and Ukraine could cause capacity restrictions and longer lead times. "Further <a href="https://www.businessinsider.com/russia-war-ukraine-could-triple-ocean-shipping-rates-experts-2022-3">impacts on the sea freight market</a> cannot be excluded," the statement said.

DHL and Kuehne+Nagel suspend services to Russia, further weakening Russia's ability to send and receive goods

<ul class="summary-list"><li>In late August, American Airlines filed a lawsuit against shipping giant Kuehne + Nagel for over $500,000.</li><li>The airline claimed the Swiss logistics firm damaged a Rolls Royce engine during transit.</li></ul><a target="_blank" class="" href="https://www.businessinsider.com/american-vs-delta-united-airlines-economy-compared-flight-review-2024-7">American Airlines</a> filed a lawsuit against a major shipping and logistics company, alleging that it caused over $500,000 in damage to a recently repaired plane engine, then withdrew the suit less than a week later.The airline filed the suit against <a target="_blank" class="" href="https://www.businessinsider.com/dhl-kuehnenagel-suspend-freight-services-supply-chain-russia-ukraine-invasion-2022-3">Kuehne + Nagel</a> in the Texas Northern District Court on Friday, August 30, before withdrawing the claim on Thursday, September 5.The claim centered on an agreement made in 2021, in which American hired the firm to transport a <a target="_blank" class="" href="https://www.businessinsider.com/cathay-pacific-cancels-flights-after-airbus-a350-engine-issue-2024-9">Rolls Royce engine</a> from Dallas-Fort Worth, its hub airport, to Hong Kong for repairs and maintenance.Kuehne + Nagel is a Swiss firm with one of its 1,000-plus branches located in Austin. It has over 80,000 employees globally and a market cap of around $36 billion.After the work was completed, Kuehne + Nagel transported the Trent 800 engine — used on American's <a target="_blank" class="" href="https://www.businessinsider.com/boeing-777-came-off-runway-hundreds-stranded-in-kazakhstan-2024-8">Boeing 777</a> jets — to Oklahoma at a cost of $208,078, the suit said.However, American's suit alleged that upon arrival, it found the engine had "incurred significant damage in transit."The suit said the Trent 800 had damage to its overspeed protection unit, power conditioning unit, suitcase vent tube, and electrical harness.American estimated that it would cost $520,246 to fully repair the engine.According to the complaint, the airline first made a claim with Kuehne + Nagel in August 2022 — but it added that the shipping firm had continued to "refuse to compensate American."It is unclear why American has withdrawn the suit, which had called for Kuehne + Nagel to pay damages, American's attorney fees, and interest at the "maximum rate allowed by law."An American Airlines spokesperson told Business Insider: "We are working with our partners at Kuehne + Nagel to resolve this matter."Kuehne + Nagel did not immediately respond to a request for comment from Business Insider.

American Airlines withdrew a lawsuit  seeking compensation from a $36 billion shipping giant over a damaged plane engine

<ul><li><keyword id="16070237" type="General" weightage="100" keywordseo="locad" source="Orion">Locad</keyword> provides a cloud supply chain for Asia-Pacific brands to store, pack, ship, and track orders for e-commerce and omnichannel retail. </li><li>The $11 million funding will be used towards boosting the company’s product development and talent pool in India and across Asia-Pacific region. </li><li>Returning investors Sequoia India and Southeast Asia’s Surge, Febe Ventures, Antler, as well as new investors Access Ventures, JG Summit, and WTI also participated in the round. </li></ul>Logistics startup Locad on Monday said it has raised $11 million in a Series A funding round to expand its supply chain platform. The round was led by <keyword id="16072607" type="General" weightage="80" keywordseo="reefknot-investments" source="Orion">Reefknot Investments</keyword>, a fund anchored by Temasek and logistics firm Kuehne &amp; Nagel. The series A funding round also saw participation from returning investors Sequoia India and Southeast Asia’s Surge, Febe Ventures, Antler, as well as new investors Access Ventures, JG Summit, and WTI. Singapore-headquartered Locad provides a cloud supply chain for Asia-Pacific brands to store, pack, ship, and track orders for e-commerce and omnichannel retail through a tech platform connecting a network of warehouses and shipping partners. The $11 million will be used towards boosting the company’s product development and talent pool in India and across Asia-Pacific, the company said in a statement. “Locad’s unique operating model of localising warehouses into the cities ensures that inventory is kept close to the customers thereby enabling significant cost and time savings for both brand and consumer. We believe that Locad’s logistics engine will spur greater participation in the digital economy as consumers outside of Tier-1 cities can now receive their orders 2-3x faster at a fraction of the usual cost,” <keyword id="16072609" type="General" weightage="50" keywordseo="ervin-lim" source="Orion">Ervin Lim</keyword>, vice president of Reefknot Investments said. Locad says it has served over 200 brands across the Philippines, Thailand, Hong Kong, and Australia, and shipped more than 2 million transactions. The company’s logistics engine supports brands such as Levi’s, <keyword id="73803" type="General" weightage="50" keywordseo="reckitt-benckiser" source="Orion">Reckitt Benckiser</keyword>, and <keyword id="16072610" type="General" weightage="50" keywordseo="emma-sleep" source="Orion">Emma Sleep</keyword> in the region, while also expanding access to logistics infrastructure to growing D2C and mid-market merchants. “Omnichannel commerce demands a powerful logistics infrastructure in order to succeed. And that infrastructure is not only made of an interconnected network of warehouses and shipping carriers but also the precise data that reflects the movement of goods in that supply chain,” <keyword id="16072608" type="General" weightage="50" keywordseo="locad-cto" source="Orion">Locad CTO</keyword> and co-founder <keyword id="1733705" type="General" weightage="50" keywordseo="shrey-jain" source="Orion">Shrey Jain</keyword> said. “Tech and data are at the heart of what we’re building here at Locad. To realise this, we’re doubling down on our hiring efforts in key locations such as Bangalore where we have a strong team of developers and marketers helping grow the product and business end-to-end,” <keyword id="6367260" type="General" weightage="50" keywordseo="jain" source="Orion">Jain</keyword> added. The company is adding warehouses, partnering with transport operators, and hiring talent for their Bangalore office, Locad’s statement said. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/foreign-investors-pull-out-15000-crore-from-stocks-in-the-first-two-weeks-of-2023/articleshow/97019987.cms">Foreign investors pull out ₹15,000 crore from stocks in the first two weeks of 2023</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/entertainment/news/ss-rajamoulis-rrr-bags-2-trophies-at-critics-choice-awards/articleshow/97019707.cms">RRR bags 2 trophies at Critics’ Choice Awards: Best Foreign Language Film &amp; Best Original Song</a>

Logistics startup Locad raises $11 million in Series A funding led by Reefknot Investments

<ul class="summary-list"><li>A massive fire broke out at warehouse in Redlands, California around 5:30 a.m. on Friday, according to police and fire officials.</li><li>Photos and videos posted to social media show the building and nearby <keyword id="18635" type="CITY" weightage="60" keywordseo="Amazon">Amazon</keyword> Prime trucks engulfed in flames.</li><li>The warehouse is operated by Kuehne and Nagel, which helps Amazon ship extra-large items to customers, an Amazon spokesperson said.</li></ul>An early morning fire on Friday tore through a Redlands, California warehouse that helps deliver Amazon shipments. The warehouse is located as 2255 West Lugonia Avenue. It's operated by Kuehne and Nagel, a logistics company that helps Amazon ship extra-large items to customers, an Amazon spokesperson said.The fire broke out around 5:30 a.m. on Friday, Redlands public information officer Carl Baker told Business Insider. Photos and videos from the scene showed the building and nearby Amazon Prime trucks engulfed in flames.Amazon said all employees were safely evacuated from the building."We are glad everyone is safe, and thankful for the efforts of the local firefighters and first responders,"said Amazon spokesperson Lisa Levandowski. "This site was operated by a third party and we will support them throughout this process."Amazon said it expects minimal impact to customers, and that orders will be fulfilled by other locations. <blockquote class="twitter-tweet blockquote" data-lang="en" data-cards="" data-conversation="">—Manuel Vitug (@PastorMannyV) <a href="https://twitter.com/mims/statuses/1268907166242451458?ref_src=twsrc%5Etfw">June 5, 2020</a></blockquote><blockquote class="twitter-tweet blockquote" data-lang="en" data-cards="" data-conversation="">— (@CBSLA) <a href="https://twitter.com/mims/statuses/1268904874768392193">Jun 05 2020</a></blockquote><iframe src="https://www.facebook.com/plugins/post.php?href=https%3A%2F%2Fwww.facebook.com%2FRedlandsFireDepartment%2Fposts%2F3131498490241776&amp;show_text=true&amp;width=552&amp;height=422&amp;appId" width="552" height="422" style="border:none;overflow:hidden" scrolling="no" frameborder="0"></iframe>

Amazon trucks burn as a massive fire tears through a California warehouse that delivers the company's extra-large shipments

<ul class="summary-list"><li>The <keyword id="12030579" type="UNKNOWN" weightage="60" keywordseo="shipping-crisis" source="Orion">shipping crisis</keyword> is driving some companies to ship their goods via air charters.</li><li>A trans-Pacific Boeing 777 <keyword id="12334325" type="UNKNOWN" weightage="60" keywordseo="air-freight" source="Orion">air freight</keyword> charter has hit $2 million - more than double its peak pre-pandemic price. </li></ul>The shipping crisis is boosting demand for air cargo, with desperate retailers sending the price of an air freight charter to record levels.According to <a href="https://www.aircharterserviceusa.com/about-us/news-features/news/air-charter-service-predicts-busiest-ever-final-quarter-for-air-cargo-charters-as-global-supply-chains-continue-to-struggle">Air Charter Service,</a> a trans-Pacific charter on a Boeing 777 costs around $2 million a pop. According to the UK-based air charter service, the pre-pandemic peak price for such a charter was $750,000.<keyword id="11931670" type="UNKNOWN" weightage="60" keywordseo="trade" source="Orion">Trade</keyword> publications <a href="https://www.freightwaves.com/news/superhot-airfreight-market-leaves-shippers-in-the-cold">American Shipper </a>and <a href="https://www.joc.com/air-cargo/air-cargo-rates-near-2020-record-ocean-demand-shift_20210921.html">Journal of Commerce</a> report similar prices quoted by other industry executives.It could get even more expensive for companies trying to ship goods out of Vietnam with rates in the $2.5 million to $3 million range, said Edward DeMartini, vice president of air logistics development for North America at Kuehne+Nagel, per American Shipper.Vietnam is a major manufacturing base for clothes, shoes, and electronics. But a months-long lockdown and recent <a href="https://www.businessinsider.com/worker-shortages-across-thailand-malaysia-vietnam-spur-holiday-shipping-delays">worker exodus</a> from the country's business hub have caused operational disruptions on the factory floors and at ports.Such bottlenecks come amid recovering demand from the US and Europe, stressing global supply chains.<a href="https://www.freightwaves.com/news/superhot-airfreight-market-leaves-shippers-in-the-cold">"We're charterin</a>g like mad," Marc Schlossberg, executive director for air cargo at New York-based Unique Logistics, told American Shipper.Sportswear giant Nike is one of those using more air freight, reported trade publication <a href="https://www.retaildive.com/news/nike-races-ahead-with-supply-chain-woes-nipping-at-its-heels/607143/">Retail Dive</a>.<a href="https://www.businessinsider.com/amazon-shops-used-cargo-jets-avoid-major-port-delays-report-2021-10">E-commerce giant Amazon</a> is also reportedly shopping for secondhand cargo jets to avoid major port delays."If you had asked me a few years ago whether anyone would take an option of an aircraft positioned in at that price, I would have said it'll never happen, but some shippers have simply been left with no other options," said Dan Morgan-Evans, Global Cargo Director at Air Charter Service in a <a href="https://www.aircharterserviceusa.com/about-us/news-features/news/air-charter-service-predicts-busiest-ever-final-quarter-for-air-cargo-charters-as-global-supply-chains-continue-to-struggle">website post</a> earlier this month.Around 90% of the world's traded goods are carried via ocean freight, as it's typically four to six times cheaper than air freight.But Morgan-Evans said the company was starting to receive calls from "retailers who normally wouldn't dream of chartering" to cope with an increase in shipping demand.While there are signs the <a href="https://www.businessinsider.com/supply-chain-crisis-end-global-forecast-jefferies-shipping-delays-2021-10">shipping crisis could be easing,</a> it's still crunch time for retailers racing to put goods on shelves ahead of Black Friday and Christmas."October is probably going to be one of the worst months [ever] in terms of airfreight <keyword id="11894924" type="UNKNOWN" weightage="100" keywordseo="transportation" source="Orion">transportation</keyword> for the shipping community," said DeMartini, according to American Shipper.

The shipping crisis has gotten so bad that some companies are chartering air cargo planes for $2 million or more for a single flight

<div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5621515ebd86ef185c8b7739-1024/10921733615_0345ed11ec_b.jpg" border="0" alt="container cargo" data-mce-source="www.GlynLowe.com/Flickr" data-link="https://www.flickr.com/photos/glynlowe/10921733615" /><a href="https://www.flickr.com/photos/glynlowe/10921733615">www.GlynLowe.com/Flickr</a>Shipping containers</div></div></div><ul class="summary-list"><li>Data from Swiss freight giant Kuehne + Nagel shows global trade grew 0.3% in November. In the same month last year, it grew 3.1%.</li><li>The The impact of President Donald Trump's trade war is clear to see: Every single region of the globe saw its foreign trade growth drop in November.</li><li>Kuehne + Nagel's data matches what Maersk, the world's largest shipping company, said earlier this month, when it published data showing a slowdown in global container trade growth.</li></ul>The negative impact of the ongoing trade battle between the US and China is plain to see in new data from Swiss freight giant Kuehne + Nagel.According to the data, published on Tuesday, global trade was up 0.3% in November compared to the previous month. It's a massive shift from November 2017, when world trade grew 3.1% month-over-month.Read more: <a href="https://www.businessinsider.com/how-wall-street-is-reacting-to-trump-and-xi-trade-war-deal-2018-12">'A bumpy ride ahead': Here's how Wall Street is reacting to Trump and Xi's trade-war deal</a>The picture is a bit nuanced. For example, trade overall is up 6.4% from the same point last year, pushing Kuehne + Nagel's World Trade Indicator to 143.7, the highest level since records began. But it's still clear the US-China trade war is having an impact. Going forward, the data shows a consistent downward trend. The chart below illustrates this trajectory over the past 12 months:<div class="KonaFilter image-container display-table click-to-enlarge"><div><div class="image on-image"><a title_source="Kuehne Nagel" title_caption="" class="zoomin" href="https://static-ssl.businessinsider.com/image/5c0645e59405c95b77320934-960/screen shot 2018-12-04 at 090455.png"><img src="https://static-ssl.businessinsider.com/image/5c0645e59405c95b77320934-1025/screen shot 2018-12-04 at 090455.png" border="0" alt="Screen Shot 2018 12 04 at 09.04.55" data-mce-source="Kuehne Nagel" /></a>Kuehne Nagel</div></div></div>Not only is overall global trade growth slowing, but in many areas, it is actively shrinking."In ocean freight, measured by the live throughput of ports, the unit volume declined slightly in November," down 0.3% month over month, Kuehne + Nagel said in the release.On top of that, every single region of the globe saw its foreign trade growth drop in November.<div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5c064698e1f88b60a028a103-862/screen shot 2018-12-04 at 090844.png" border="0" alt="Screen Shot 2018 12 04 at 09.08.44" data-mce-source="Kuehne Nagel" />Kuehne Nagel</div></div></div>Kuehne + Nagel's data matches what Maersk, the world's largest shipping company, said in November, when<a href="http://uk.businessinsider.com/us-china-trade-war-worlds-largest-shipping-firm-warns-on-tariffs-2018-11"> it published data showing a slowdown in global container trade growth.</a>Global container trade continued to lose momentum in the third quarter. And so far this year, it has suffered "a much slower pace of growth," rising by 4.2% compared with the 5.8% recorded over the same period in 2017, Maersk said.Slowing global trade comes against a backdrop in which the US has introduced tariffs of 10% on $250 billion worth of Chinese goods entering the US, prompting Chinese policymakers to retaliate, albeit on a smaller scale.President Trump has also repeatedly threatened to place tariffs on all US imports from China, an amount totaling more than $500 billion annually.Relations have thawed a little in the last few days after Trump and his Chinese counterpart, Xi Jinping, <a href="https://www.businessinsider.com/trump-china-trade-war-tariffs-90-days-2018-12">came to a tentative truce on trade at the G20 summit in Buenos Aires, Argentina,</a> postponing an increase in tariffs and agreeing to a 90-day window for further discussions.The US agreed not to raise the 10% tariff rate on $200 billion worth of Chinese goods to 25% on January 1, as originally scheduled, while in return China committed to buying a "very substantial amount" of agricultural, energy, and industrial goods from the US.The agreement, however, is seen by most commentators as merely a temporary fix, with <a href="https://www.businessinsider.com/how-wall-street-is-reacting-to-trump-and-xi-trade-war-deal-2018-12">many expecting a further escalation once the three month truce comes to an end.</a> <div class="margin-top"> <h3>NOW WATCH: <a href="https://www.businessinsider.com/nuclear-bomb-launch-procedure-us-government-president-2017-11">Here's how easy it is for the US president to launch a nuclear weapon</a></h3> <div> <iframe class="bijwplayerclass" data-player="jwplayer" src="https://content.jwplatform.com/players/sZtYltl6-CEZHWCBG.html" width="100%" height="100%" frameborder="0" scrolling="auto" style="margin:0px;" allowfullscreen=""></iframe><script>function receiveMessage(event){ console.log(event.data.fullscreen); Android.fullscreen(event.data.fullscreen); }window.addEventListener("message", receiveMessage, false);</script> </div> </div>

An alarming slowdown in global trade shows Trump's tariff war is having a devastating impact

This is a preview of a research report from <a href="https://www.businessinsider.com/intelligence/transportation-and-logistics-research-bundle?IR=T&amp;itm_source=businessinsider&amp;itm_medium=content_marketing&amp;itm_campaign=report_teaser&amp;itm_content=top_text&amp;itm_term=bundle_subscription_text_link-future-business-models-in-logistics-report-2019-2">Business Insider Intelligence</a>,Business Insider's premium research service. To learn more about Business Insider Intelligence, <a href="https://www.businessinsider.com/intelligence/transportation-and-logistics-research-bundle?IR=T&amp;itm_source=businessinsider&amp;itm_medium=content_marketing&amp;itm_campaign=report_teaser&amp;itm_content=top_text&amp;itm_term=bundle_subscription_text_link-future-business-models-in-logistics-report-2019-2">click here</a>. Current subscribers can read the report <a href="https://intelligence.businessinsider.com/post/future-business-models-in-logistics-how-retailers-are-tackling-their-supply-chains-in-the-age-of-e-commerce-2018-12">here</a>.Third-party logistics (3PL) providers have been the cornerstone of retail supply chains for decades. 3PL providers are <a href="https://cscmp.org/CSCMP/Educate/SCM_Definitions_and_Glossary_of_Terms/CSCMP/Educate/SCM_Definitions_and_Glossary_of_Terms.aspx?hkey=60879588-f65f-4ab5-8c4b-6878815ef921">defined</a> by the Council of Supply Chain Management Professionals (CSCMP) as "a specialized company that handles the outsourcing of much or all of a company's logistics operations."<img src="https://static-ssl.businessinsider.com/image/5c6440b326289856973a0d33-1536/3plproviders.jpg?maxX=468&amp;maxY=346" alt="3PL_Providers" width="468" height="346" style="display: block; margin-left: auto; margin-right: auto; float: right;" />Today, the term has become nearly synonymous with any company in the logistics industry that operates planes, trucks, or warehouses. But the rapid growth of e-commerce has given rise to new services and business models, challenging the 3PL model. Traditional 3PL relationships are well suited to route orders from a factory to a distribution center to a brick-and-mortar store, but they're typically ill-equipped to bring parcels to customers' homes. Historically, retail supply chains had a single destination: stores. And even the largest retailers only had a few thousand of them - Walmart <a href="http://corporate.walmart.com/our-story/locations/united-states">operates</a> 5,000 stores in the US and Puerto Rico, for instance - allowing retailers to rely on a handful of 3PL providers that had warehouses near their brick-and-mortar locations. But the rise of online shopping has turned that model upside down. Now, retailers must deliver their products directly to the homes of the more than 300 million consumers in the US - and increasingly within only a few days - a far greater challenge than delivering directly to stores.Meeting this challenge requires a higher number of supply chain partners than before, meaning products often change hands several times before they arrive at a consumer's door. To effectively manage this complex new environment, some retailers are opting for one of two approaches to supply chain management: fourth-party logistics (4PL) providers or in-house supply chain management.In Future Business Models in Logistics, Business Insider Intelligence details how the rise of e-commerce as a core consumer shopping channel has fundamentally transformed retail supply chains. We examine the primary two business models - 4PL and in-house supply chain management - and what's driving retailers to adopt these new models. Lastly, we offer recommendations for how legacy 3PL providers can adapt to meet the changing demands of retailers in the age of e-commerce.The companies mentioned in this report are: Accenture, Deloitte, McKinsey, CH Robinson, Penske Logistics, UPS, DHL, XPO Logistics, JB Hunt, Kuehne and Nagel, Amazon, Alibaba, and JD.com.Here are some of the key takeaways from the report:<ul><li>Retailers' supply chains are being crunched: They must deliver a higher volume of goods to more locations than ever before, and must do so faster - a significantly greater challenge than delivering to brick-and-mortar stores.</li><li>Such complexities require more 3PL partners than ever, requiring a separate entity to coordinate and manage the relationship between all these partners. Two popular models have emerged: 4PL providers and in-house supply chain managers.</li><li>4PL providers typically fall into one of two buckets: legacy 3PL providers that have transitioned into the 4PL space, and management consultancies that have long had supply chain management practices.</li><li>Both 4PL providers and in-house supply chain management teams need to get comfortable collaborating with longtime competitors if they are to thrive in the managed supply chain environment.</li><li>Legacy 3PL providers that transition into the 4PL space must carve out a separate business unit to house their 4PL business segments.</li></ul>In full, the report:<ul><li>Outlines several factors that legacy 3PL providers need to consider when deciding whether to transition into the 4PL space.</li><li>Details why not all 3PL providers need to reinvent the wheel and carve out their own 4PL arms to thrive in the age of managed retail supply chains.</li><li>Explains why legacy 3PL providers will be left behind if they don't learn to cooperate well with both 4PL providers and other 3PL providers.</li></ul>Interested in getting the full report? Here are two ways to access it:<ol><li>Purchase &amp; download the full report from our research store. &gt;&gt;<a href="https://www.businessinsider.com/intelligence/research-store?IR=T&amp;itm_source=businessinsider&amp;itm_medium=content_marketing&amp;itm_campaign=report_teaser&amp;itm_content=full_report_text&amp;itm_term=store_text_link-future-business-models-in-logistics-report-2019-2&amp;vertical=transportation#!/https://www.businessinsider.com/intelligence/research-store#!/Future-Business-Models-in-Logistics/p/131262794/category=27308857">Purchase &amp; Download Now</a></li><li>Subscribe to a Premium pass to Business Insider Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <a href="https://www.businessinsider.com/intelligence/transportation-and-logistics-research-bundle?IR=T&amp;itm_source=businessinsider&amp;itm_medium=content_marketing&amp;itm_campaign=report_teaser&amp;itm_content=learn_more_text&amp;itm_term=bundle_subscription_text_link-future-business-models-in-logistics-report-2019-2">Learn More Now</a></li></ol>The choice is yours. But however you decide to acquire this report, you've given yourself a powerful advantage in your understanding of the fast-moving world of Transportation &amp; Logistics.Get the latest Alibaba stock price<a href="http://markets.businessinsider.com/stock/baba-Quote"> here.</a>

How 3PL providers can thrive in light of their changing relationship with retail partners

This is a preview of a research report from <a href="https://www.businessinsider.com/intelligence/transportation-and-logistics-research-bundle?IR=T&amp;itm_source=businessinsider&amp;itm_medium=content_marketing&amp;itm_campaign=report_teaser&amp;itm_content=top_text&amp;itm_term=bundle_subscription_text_link-future-business-models-in-logistics-report-2019-2">Business Insider Intelligence</a>,Business Insider's premium research service. To learn more about Business Insider Intelligence, <a href="https://www.businessinsider.com/intelligence/transportation-and-logistics-research-bundle?IR=T&amp;itm_source=businessinsider&amp;itm_medium=content_marketing&amp;itm_campaign=report_teaser&amp;itm_content=top_text&amp;itm_term=bundle_subscription_text_link-future-business-models-in-logistics-report-2019-2">click here</a>. Current subscribers can read the report <a href="https://intelligence.businessinsider.com/post/future-business-models-in-logistics-how-retailers-are-tackling-their-supply-chains-in-the-age-of-e-commerce-2018-12">here</a>.Third-party logistics (3PL) providers have been the cornerstone of retail supply chains for decades. 3PL providers are <a href="https://cscmp.org/CSCMP/Educate/SCM_Definitions_and_Glossary_of_Terms/CSCMP/Educate/SCM_Definitions_and_Glossary_of_Terms.aspx?hkey=60879588-f65f-4ab5-8c4b-6878815ef921">defined</a> by the Council of Supply Chain Management Professionals (CSCMP) as "a specialized company that handles the outsourcing of much or all of a company's logistics operations."<img src="https://static-ssl.businessinsider.com/image/5c6440b326289856973a0d33-1536/3plproviders.jpg?maxX=468&amp;maxY=346" alt="3PL_Providers" width="468" height="346" style="display: block; margin-left: auto; margin-right: auto; float: right;" />Today, the term has become nearly synonymous with any company in the logistics industry that operates planes, trucks, or warehouses. But the rapid growth of e-commerce has given rise to new services and business models, challenging the 3PL model. Traditional 3PL relationships are well suited to route orders from a factory to a distribution center to a brick-and-mortar store, but they're typically ill-equipped to bring parcels to customers' homes. Historically, retail supply chains had a single destination: stores. And even the largest retailers only had a few thousand of them - Walmart <a href="http://corporate.walmart.com/our-story/locations/united-states">operates</a> 5,000 stores in the US and Puerto Rico, for instance - allowing retailers to rely on a handful of 3PL providers that had warehouses near their brick-and-mortar locations. But the rise of online shopping has turned that model upside down. Now, retailers must deliver their products directly to the homes of the more than 300 million consumers in the US - and increasingly within only a few days - a far greater challenge than delivering directly to stores.Meeting this challenge requires a higher number of supply chain partners than before, meaning products often change hands several times before they arrive at a consumer's door. To effectively manage this complex new environment, some retailers are opting for one of two approaches to supply chain management: fourth-party logistics (4PL) providers or in-house supply chain management.In Future Business Models in Logistics, Business Insider Intelligence details how the rise of e-commerce as a core consumer shopping channel has fundamentally transformed retail supply chains. We examine the primary two business models - 4PL and in-house supply chain management - and what's driving retailers to adopt these new models. Lastly, we offer recommendations for how legacy 3PL providers can adapt to meet the changing demands of retailers in the age of e-commerce.The companies mentioned in this report are: Accenture, Deloitte, McKinsey, CH Robinson, Penske Logistics, UPS, DHL, XPO Logistics, JB Hunt, Kuehne and Nagel, Amazon, Alibaba, and JD.com.Here are some of the key takeaways from the report:<ul><li>Retailers' supply chains are being crunched: They must deliver a higher volume of goods to more locations than ever before, and must do so faster - a significantly greater challenge than delivering to brick-and-mortar stores.</li><li>Such complexities require more 3PL partners than ever, requiring a separate entity to coordinate and manage the relationship between all these partners. Two popular models have emerged: 4PL providers and in-house supply chain managers.</li><li>4PL providers typically fall into one of two buckets: legacy 3PL providers that have transitioned into the 4PL space, and management consultancies that have long had supply chain management practices.</li><li>Both 4PL providers and in-house supply chain management teams need to get comfortable collaborating with longtime competitors if they are to thrive in the managed supply chain environment.</li><li>Legacy 3PL providers that transition into the 4PL space must carve out a separate business unit to house their 4PL business segments.</li></ul>In full, the report:<ul><li>Outlines several factors that legacy 3PL providers need to consider when deciding whether to transition into the 4PL space.</li><li>Details why not all 3PL providers need to reinvent the wheel and carve out their own 4PL arms to thrive in the age of managed retail supply chains.</li><li>Explains why legacy 3PL providers will be left behind if they don't learn to cooperate well with both 4PL providers and other 3PL providers.</li></ul>Interested in getting the full report? Here are two ways to access it:<ol><li>Purchase &amp; download the full report from our research store. &gt;&gt;<a href="https://www.businessinsider.com/intelligence/research-store?IR=T&amp;itm_source=businessinsider&amp;itm_medium=content_marketing&amp;itm_campaign=report_teaser&amp;itm_content=full_report_text&amp;itm_term=store_text_link-future-business-models-in-logistics-report-2019-2&amp;vertical=transportation#!/https://www.businessinsider.com/intelligence/research-store#!/Future-Business-Models-in-Logistics/p/131262794/category=27308857">Purchase &amp; Download Now</a></li><li>Subscribe to a Premium pass to Business Insider Intelligence and gain immediate access to this report and over 100 other expertly researched reports. As an added bonus, you'll also gain access to all future reports and daily newsletters to ensure you stay ahead of the curve and benefit personally and professionally. &gt;&gt; <a href="https://www.businessinsider.com/intelligence/transportation-and-logistics-research-bundle?IR=T&amp;itm_source=businessinsider&amp;itm_medium=content_marketing&amp;itm_campaign=report_teaser&amp;itm_content=learn_more_text&amp;itm_term=bundle_subscription_text_link-future-business-models-in-logistics-report-2019-2">Learn More Now</a></li></ol>The choice is yours. But however you decide to acquire this report, you've given yourself a powerful advantage in your understanding of the fast-moving world of Transportation &amp; Logistics.<a href="https://www.businessinsider.com/intelligence/40-big-tech-predictions-for-2019?IR=T&amp;itm_source=businessinsider&amp;itm_medium=ctgr_bii&amp;itm_term=ctgr_leadgen&amp;itm_content=amazon&amp;itm_campaign=40-big-tech-predictions-for-2019-2"><img src="https://static.businessinsider.com/image/5d371804a13c9573827f1cb9" alt="Exclusive FREE Slide Deck: 40 Big Tech Predictions for 2019 by Business Insider Intelligence" style="width: 100% !important" /></a>

<div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5c0669cb4b676b60b92343ce-2400/2018-12-04t114145z211586075rc171bff8f50rtrmadp3christmas-season-germany.jpg" border="0" alt="Santa Claus diver" data-mce-source="Reuters/Hannibal Hanschke" data-mce-caption="A diver dressed as Santa Claus feeds fishes inside a fish tank at the Sea Life aquarium in Berlin, Germany." />Reuters/Hannibal HanschkeA diver dressed as Santa Claus feeds fishes inside a fish tank at the Sea Life aquarium in Berlin, Germany.</div></div></div>Here is what you need to know. <ol><li><a href="https://www.businessinsider.com/trump-china-trade-war-kuehne-nagel-data-shows-trade-slowdown-2018-12">An alarming slowdown in global trade shows Trump's trade war is having a devastating impact</a>. Data released by Swiss freight giant Kuehne + Nagel shows global trade grew 0.3% in November, down from the 3.1% growth a year ago, as every single region saw slowing growth. </li><li><a href="https://markets.businessinsider.com/news/stocks/stock-market-rally-on-last-legs-deep-prolonged-correction-coming-2018-12-1027778504">The longest bull run in stock-market history is on its last legs - and a 'deep and prolonged correction' is coming</a>. "In our view, the bullish cycle that began in 2009 is ending," Societe Generale's technical team, led by Stéphanie Aymès, said in a note sent out to clients on Monday that pointed to a form of technical analysis called the Elliott Wave Principles. </li><li><a href="https://www.businessinsider.com/ray-dalio-bridgewater-associates-next-financial-crisis-how-it-will-differ-from-last-2018-12">Ray Dalio, founder of the world's largest hedge fund, explains how the next financial crisis will be different from the last</a>. "The nature of this dynamic is more of a squeeze," Dalio told Business Insider CEO Henry Blodget at Business Insider's IGNITION conference. "This doesn't look like 2008. In 2007, we would look at the financial statements of entities and see that they weren't able to pay debt, and that we were headed for a big debt crisis. Now it's not the same."</li><li><a href="https://markets.businessinsider.com/news/stocks/amazon-stock-price-worlds-most-valuable-publicly-traded-company-2018-12-1027776766">Amazon briefly overtakes Apple as the world's most valuable company</a>. Amazon reached a valuation of $865 billion Monday afternoon, briefly edging out Apple's market cap of $864.8 billion.</li><li><a href="https://markets.businessinsider.com/news/stocks/weed-stocks-research-firm-calls-aphria-shell-game-2018-12-1027776236">The marijuana producer Aphria crashes after a short seller calls it a 'shell game with a cannabis business on the side.'</a> Aphria shares crashed as much as 30% Monday after the short seller Quintessential Capital Management's Hindenburg Research alleged the company's business was full of overvalued buyouts and fraudulent financial reporting. Aphria called the acquisitions a "malicious and self-serving attempt to profit by manipulating" its stock price.</li><li><a href="https://www.businessinsider.com/altria-in-talks-to-buy-cronos-2018-12">Marlboro-maker Altria is reportedly in talks to buy the marijuana producer Cronos Group</a>. A deal has not been reached and talks are expected to continue for several weeks, Reuters reports, citing sources familiar with the matter.</li><li><a href="https://markets.businessinsider.com/news/stocks/cirrus-logic-updates-third-quarter-fiscal-2019-outlook-1027776909">The Apple supplier Cirrus Logic slashes its outlook</a>. Cirrus, which makes analog chips used in Apple devices, said it now sees third-quarter revenue to be in the range of $300 million and $340 million, down from its previous forecast of between $360 million and $400 million, due to a slowdown in the smartphone market.</li><li><a href="https://markets.businessinsider.com/news/stocks/tencent-music-ipo-details-revealed-2018-12-1027776655">China's biggest streaming-music service reveals the details for its US IPO</a>. Tencent Music said Monday that it plans to price shares of its US initial public offering at between $13 and $15, helping it raise as much as $1.2 billion. </li><li><a href="https://markets.businessinsider.com/indices">Stock markets around the world are bleeding lower</a>. Japan's Nikkei (-2.39%) was hit hard in Asia and Germany's DAX (-0.79%) leads the losses in Europe. The S&amp;P 500 is set to open down 0.29% near 2,783.</li><li><a href="https://markets.businessinsider.com/economic-calendar#date=12/04/2018&amp;name=&amp;countries=us&amp;eventtypes=&amp;tab=1,2,3">Earnings reports keep coming</a>. AutoZone, Dollar General, and Toll Brothers all report ahead of the opening bell.</li></ol> <div class="margin-top"> <h3>NOW WATCH: <a href="https://www.businessinsider.com/what-happens-when-you-drink-too-much-water-intoxication-2018-11">Drinking too much water could be surprisingly hazardous to your health</a></h3> <div> <iframe class="bijwplayerclass" data-player="jwplayer" src="https://content.jwplatform.com/players/CSwFxyt7-CEZHWCBG.html" width="100%" height="100%" frameborder="0" scrolling="auto" style="margin:0px;" allowfullscreen=""></iframe><script>function receiveMessage(event){ console.log(event.data.fullscreen); Android.fullscreen(event.data.fullscreen); }window.addEventListener("message", receiveMessage, false);</script> </div> </div>

You Searched For "kuehne nagel" and got 10 results

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