FreightWaves, Loaded and Rolling - October 24, 2023
In a recent discussion on Freight Waves, our very own Joe Oliaro, Chief Real Estate Officer, dove into the latest trends in warehouse hiring and the transformative role of the gig economy in labor sourcing.
Importantly, Joe highlighted how leveraging the gig economy helps mitigate risk, addressing some of the issues associated with temporary labor. He emphasized the importance of engaging workers who are genuinely interested in their work, which ultimately leads to a more productive workforce.
Finally, the discussion touched upon the impact of warehouse labor on carrier wait times, emphasizing the need for efficient labor practices in the industry.
This shift towards the gig economy in warehouse hiring is indicative of broader changes in the job market, as companies increasingly seek flexible, cost-effective labor solutions.
FreightWaves, Round Table - October 16, 2023
In a recent roundtable discussion on FreightWaves, Wagner Logistics' Chief Real Estate Officer and Ryan Schreiber, the Chief Growth Officer at Metafora, shed light on the dynamics of warehousing starts. They highlighted how the pandemic had propelled warehousing starts to an all-time high, but a drop-off has recently been observed.
However, they reassured that this is a typical occurrence in the real estate sector, which tends to see such fluctuations over a 5-10 year period. In the current climate of uncertainty, many are risk-averse, leading to complexities in forecasting. Despite the challenges, this dip in the cycle is seen as a normal part of the industry's ebb and flow.
BusyContinent, Press Release Desk - August 15, 2023
We are thrilled to announce our recent partnership with Veryable, an innovative platform for on-demand labor in the manufacturing, logistics, and warehousing sectors. Our collaboration will enable us at Wagner Logistics to leverage Veryable's cutting-edge mobile-first platform to access and secure contract warehouse staff as needed.
This partnership comes at a crucial time as we aim to scale our operations and address ongoing labor shortages. With Veryable, we can now tap into a vast gig workforce across the U.S., meeting our warehousing and fulfillment needs more effectively and efficiently.
Our goal remains steadfast: to provide our clients with superior supply chain management services. By integrating Veryable's capabilities into our operations, we hope to maintain our commitment to excellent safety standards and streamlined procedures while also enhancing our adaptability and responsiveness to fluctuating demand.
Robotics 24/7, Eugene Demaitre - September 29, 2023
One of the biggest selling points for mobile robots is that they are not fixed infrastructure like conveyor belts and can thus change routes depending on seasonal volume, shifting workflows, or new products. In addition, increasingly sophisticated software promises to pick the best robots, manual and autonomous forklifts, and human workers as agents for a particular task.
But this is easier said than done. As much as 70% of North American warehouses and distribution centers have yet to add any automation, industry experts have told Robotics 24/7. Even businesses that have robotics experience can run into problems growing their fleets and making sure their equipment is properly integrated and communicating. Moreover, most companies don’t have Amazon’s advantage of scale.
So how can automated guided vehicles (AGVs), autonomous mobile robots (AMRs), lift trucks, and fleet management software provide greater operational agility?
Robotics 24/7, Eugene Demaitre - September 29, 2023
As supply chain operations bring in or add mobile robots, they quickly learn that adding hardware is only part of the process. Integrating and updating software, analyzing data, and building productive partnerships are crucial to ensuring a return on investment.
Robotics 24/7 previously examined how mobile robots can add flexibility to end-user operations. They continued the conversation with the following executives on how companies can get the most out of new or growing deployments:
FreightWaves, Round Table - July 28, 2023
In one of the latest episodes of Freightwaves, the Round Table had the pleasure of hosting Joe Oliaro, our esteemed Chief Real Estate Officer, and Gary Meador, the CEO of ODW Logistics. Together, they sat down to discuss the ever-evolving world of warehousing and the challenges that shippers face today.
During their insightful conversation, Joe and Gary explored the transformative impact of labor shortages and the role of 3PL partners in shaping the warehousing landscape. They also highlighted the immense pressure on companies to strategically position their warehouses for optimal transport networks. A central question that emerged was: "What is the greatest challenge faced by shippers?" Joe provided a thought-provoking response, focusing on the ongoing dilemma of determining the ideal warehouse location and the underlying rationale.
To conclude the discussion on a positive note, Gary Meador expressed his personal belief that we will eventually return to normal inventory levels. He expressed confidence in regaining the pre-pandemic state.
Global Trade Mag, Joe Oliaro - August 3, 2023
In 2022, the US online retail industry reached a historic milestone by surpassing $1 trillion in sales. As the industry continues to grow, so does the complexity of "The Last Mile," the final stage of the delivery process, which accounts for approximately 53% of total delivery costs.
This phase involves various parties including customers, merchants, and delivery providers, each with their own expectations surrounding delivery speed, service quality, cost-effectiveness, and visibility. In the face of these challenges, major platforms like Walmart, Target, and Amazon are continually seeking innovative solutions to improve Last Mile delivery.
Despite significant efforts, success in optimizing this crucial part of the supply chain remains elusive due to ongoing technological advancements, market trends, and environmental factors. As we move into the latter half of the year, these challenges and opportunities within the Last Mile landscape will continue to shape the future of the online retail industry.
FreightWaves, The Stockout - August 29, 2023
The Stockout show on Freightwaves recently interviewed Joe Oliaro, Chief Real Estate officer at Wagner Logistics, about the future of warehousing. Wagner Logistics is heavily involved in warehousing (7 million SF) and works on behalf of manufacturers in a wide range of industries, including CPG and automotive. While many industry players have speculated that the extremely tight market for warehousing space during the pandemic would give rise to an overbuilding of warehouses, sharp increases in interest rates and building material prices have kept the warehousing market tight in many locations, such as California’s Inland Empire. Meanwhile, shippers’ perceptions of their own inventory levels are mixed: Some are satisfied while others say their inventories remain elevated.
Warehouses are being automated at a breakneck pace, which, for Wagner, has led to incredible improvement in picking efficiency. Still, not all processes can be automated, and the availability of needed warehouse workers remains tight, as it has always been. Wagner has been able to fill in the gaps with some creative solutions, such as leveraging the gig economy for part-time forklift operators after a certain amount of vetting.