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Over 50% of all companies worldwide hire third-party teams to connect with customers. It is also expected that the global IT outsourcing market will grow by $98 million from 2020 to 2024. However, outsourced solutions have their own advantages and disadvantages for companies across all industries. Just like the classic, in-house production has its benefits and downsides.Your choice between the two depends on a wide range of factors. In this article, we decided to unpack the fundamental principle …

The warehouse and storage industry is well on its way to becoming a trillion dollar industry. The market currently seats at $714.79 billion . And is showing no signs of slowing down.For many businesses, warehousing is an important aspect of their service delivery. But owning and operating a warehouse is not always financiallyfeasible. The investment it takes to purchase and run a warehouse can be heavy for small businesses. That is why we advise most to outsource their warehousing.Be …

The current spot rates are dominated by the physical shortage of capacity due to the bottlenecks. As this becomes better spot rates will start dropping, but even in a “free fall” scenario a reversal to more normal levels will likely take more than a year. And what is the post-pandemic normality for rates?Carriers have clearly learned over the past two years that many shippers, especially on the consumer-heavy head haul trades, are fully capable of paying thousands of dollars more than before 202 …