article thumbnail

Eight Interesting Curiosities About Container Ships

MTS Logistics

Container ships definitely affect the environment. For instance, it is estimated that since 2005 to 2012, Somali pirates alone have seized 149 ships, making more than $300 million in ransoms. Only five percent of containers shipped to U.S. ports are inspected, and this percentage is even lower in Europe. Pirates are still a big deal.

article thumbnail

The History of eCommerce: From the 1960s to the 2020s

Ship Monk

The ‘00s saw the launch of several companies that are still big names today, like Etsy in 2005, Shopify in 2006, and BigCommerce in 2009. In 2005, Amazon introduced Amazon Prime, setting the precedent for lightning-fast shipping speeds and a higher quality of service for online shoppers. We want to hear from you! Shoot us a line here.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Gig Economy Is Here to Stay — But Can Workers Survive in It?

Supply Chain Brain

In its most basic definition, a “gig worker” is simply an independent contractor — a person offering his or her skills on a freelance basis. As a longtime entrepreneur in that sector, she has her own particular definition of “gig economy.” Exhibit A: Uber. Turns out, though, that the term is a lot more complicated than that.

article thumbnail

Big Data: The Driving Force of Supply Chains

Morai Logistics

The concept of Big Data was developed in 2005, by Roger Magoulas. Although endless amounts of data is a plus, not being able to make sense of what it means disables companies from leveraging its benefits. Today, it influences a variety of industries including finance, business, life sciences, engineering, astronomy and logistics.

article thumbnail

2-Day Shipping 2-torial

Ship Monk

Prior to the launch of Prime in 2005, 2-Day shipping was unheard of (forget FREE 2-Day shipping). How you model your 2-Day delivery options can definitely affect customer satisfaction and their resulting brand loyalty too. Amazon is credited for transforming how shoppers think about delivery of their ordered goods.

article thumbnail

Limping to war

Logistics in War

Being definitive about threats or objectives certainly helps in answering the question ‘is the military prepared?’ Terms vary in different militaries, and it’s always important to confirm definitions when discussing preparedness. [3] Military Preparedness , US War College, USA, 2005, p 1; available at [link]. [4] 1] ADDP 00.2

article thumbnail

International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) report ‘significant progress’ on 6-year extension

247 Customs Broker

This week’s negotiations in Newark, New Jersey, were the first for the ILA and USMX since early December, when negotiations broke off after a disagreement over the contract’s definition of automated terminals, which ILA President Harold Daggett opposes. The West Coast’s share of US containerized imports from Asia slipped to 65.3