WWEX Group
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Sustainability
Climate Goals & Targets
Environmental Challenges
- Freight recession
- Rising parcel rates
- Supply chain disruptions
- Labor shortages
- Fluctuating fuel costs
Mitigation Strategies
- Partnering with a 3PL provider with an extensive carrier network, robust TMS, industry expertise, financial stability, and a diverse suite of shipping solutions.
- Working with a 3PL that has relationships with major parcel carriers to get top rates, services, and solutions.
- Implementing supply chain resilience strategies (complete supply chain visibility, supplier and carrier diversity, inventory optimization, supply chain digitization).
- Optimizing freight shipping by understanding LTL vs. FTL, volume shipping, partial truckload, direct shipping vs. multiple stops, and security needs.
- Re-evaluating shipping partners based on reliability, cost efficiency, and scalability.
- Implementing sustainability initiatives (supply chain optimization, green packaging, intermodal logistics, reverse logistics, green warehousing practices).
- Leveraging AI for efficient route planning, smart warehousing, predictive analytics, real-time tracking, and enhanced freight security.