Logistics Matters with DC VELOCITY

Guest: Ian Wilson of Everstream Analytics on what the dockworker labor settlement means for shippers; New trends in artificial intelligence and data science; The difficulty in finding warehouse space

Jan 10, 2025

21:48

Our guest on this week's episode is Ian Wilson, Senior Analyst with Intelligence Solutions at Everstream Analytics. At what seems like the 11th hour, dockworkers and ports on the East and Gulf Coasts agreed to a new contract. What will labor peace mean for shippers using those ports? Our guest has some insights. He also talks about whether there will be possible impacts for shippers on the West Coast due to the out-of-control wildfires raging around Los Angeles.

In a report in the MIT Sloan Management Review, researchers Tom Davenport and Randy Bean wrote about five trends in AI and data science that all businesses should be paying attention to this year. AI has become a very hot topic in logistics circles in the past couple of years, so any research that sheds light on how this technology is affecting business and commerce is something we want to pay attention to. The five trends range from the promise of agentic AI to the struggle over which C-suite role should oversee data and AI responsibilities.

We’re in a part of the business cycle where it can be pretty difficult to find enough warehouse space to rent or lease, whether you’re a manufacturer, retailer, or a 3PL. This information comes from a quarterly measurement from the commercial real estate firm Cushman & Wakefield. The report said the overall national industrial real estate vacancy rate edged higher in the fourth quarter. More vacancy means it’s easier to find a place to rent—although vacancy still remains well below pre-pandemic levels. We discuss the report's outlook for available space in the new year.

Supply Chain Xchange also offers a podcast series called Supply Chain in the Fast Lane. It is co-produced with the Council of Supply Chain Management Professionals. A series of ten episodes is now available on the "State of Logistics." The episodes provide in-depth looks into the current states of key transportation modes, such as trucking, rail, air, and ocean. It also looks at inventory management, 3PLs and more. All ten episodes are available to stream now. Go to your favorite podcast platform to subscribe and to listen to past and future episodes. The podcast is also available at www.thescxchange.com.

Articles and resources mentioned in this episode: