The State of Returns
Shoppers sent back nearly 17% of the total merchandise they purchased in 2022, totaling $816 billion, according to data from the National Retail Federation, up 8% over 2021. Given such staggeringly high numbers over the past few years, it’s not surprising to learn retailers are implementing new ways to minimize their losses. Almost 40% of […]
“Peakiest” Holiday Season Ever?
Online Shopping Continues to Accelerate A recent survey conducted by the Council of Supply Chain Management Professionals (CSCMP) concludes that the COVID-19 pandemic will not curtail the upcoming holiday season’s shopping spend. The survey results state that the holiday shopping trend toward buying online, already accelerated this year by the coronavirus pandemic, will continue upwards as […]
The Ins and Outs of Pool Distribution
Pool distribution is a shipping strategy that is gaining momentum, as consumers turn increasingly to e-commerce, and the future of America’s malls is unknown. It has actually been around for many years, particularly with specialty retailers. Pool distribution increases speed to destination and lowers overall costs. The concept is simple; instead of ordering individual LTL […]
Pace Grows Nashville Logistics Services
Pace is proudly growing our logistics service offerings in Nashville, Tennessee. Our warehouse on Space Park Drive is located just east of I-24. This strategic location provides quick and convenient service to the greater Nashville metro area. Our Nashville logistics services include final mile (last mile), pool distribution, courier services, and cross docking. We also […]
Providing a Competitive Advantage to Retailers
It’s 2020 – a new decade and the world continues to change as ever. Advances in technology and shifts in consumer demands shape America’s supply chains. Retail is emerging with an urgent need for better forecasting, increased visibility, better systems integration, and a more agile and efficient supply chain operation. Today, a large part of Pace’s final […]
Growing Your Own Business Series: Session One
New year, new business goals? The trucking and transportation industry provides the supply chain with the infrastructure that is necessary to keep it running. Truck drivers are less likely to be unemployed than any other workers, and (according to the U.S. Census Bureau), over the last decade, America experienced a steady growth in revenue from trucking businesses, leveling off at […]