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Although rate volatility is expected to stabilize in 2017, organizations must do more with fewer resources to survive. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. This graph shows how quickly the surge begin and rise in 2017. Consumers have power.
Which is why a drone took flight from the stage during Ryan’s keynote address at the Descartes Evolution 2017 Conference a couple of weeks ago and broadcast real-time video of the audience as it flew across the front of the hall. Descartes (@DescartesSG) March 28, 2017. million in FY 2017 (net income has grown from $12.0
CX North America Integrates Its Freight Collaboration Platform With Active Aero Group’s Technology. Descartes Reports Fiscal 2017 Fourth Quarter and Annual Financial Results. January 2017 Freight Transportation Services Index (TSI). FMCSA confirms permanent ‘restart rollback’ based on study results (CCJ).
Lucas Systems, a seasoned player in the industry, is a prime example. Lucas began pivoting toward becoming an optimization company in 2017 when it introduced dynamic task prioritization and pick-path optimization. With dynamic prioritization, planners assign priority codes and work groupings that allow related tasks to be grouped.
Last month, I attended and spoke at the Command Alkon ELEVATE 2017 conference , where I learned many things about the Heavy Building Materials (HBM) industry. For example, I learned that there’s a difference between cement and concrete, even though many people use the terms interchangeably.
Conferences are a great example of peer-to-peer learning in action, but with so many supply chain and logistics conferences available, how do you decide which ones to attend? More on The Future of Delivery (Takeaways from MercuryGate Velocity 2017 User Conference). Takeaways from LLamasoft’s SummerCon 2017 Conference).
The integration between MercuryGate’s TMS platform and Banyan’s live carrier connectivity leverages Banyan’s existing connections to a large and diverse group of carriers and 3PLs.”. And when it comes to last-mile and home delivery operations, mobile technology has become indispensable.
April 20, 2017 — Transporeon Group, the leading global cloud platform for intelligent transport logistics, has been selected as a 2017 Top 100 Logistics IT Provider by Inbound Logistics magazine for the third consecutive year. FORT WASHINGTON, Pa.
Since the third quarter of 2017, many manufacturers have been regularly confronted by scarcity in the transportation market – a problem they haven’t encountered in years. Freight prices are also going up because of carrier rate increases since the last half of 2017. Shippers are feeling the effects of scarce carrier capacity.
significantly improved their ability to generate cash in 2017, producing the strongest working capital performance since 2008. In 2017, companies significantly extended payments to suppliers, taking 3.4 Performance of the other major elements of working capital performance, receivables and inventory, both deteriorated slightly in 2017.
As leaders gather at the of the World Economic Forum Annual Meeting in Davos for a week of high-level discussions on the future of the global economy, the CDP group released its annual rankings of the top green businesses. CDP's rankings score the thousands of companies which disclose to the organization on their environmental action.
Deutsche Post DHL Group can look back on another very good financial year. The Group’s operating profit climbed by 7.2% billion in the 2017 financial year. Group revenue was up by 5.4% In 2017 we took another major step on the road to achieving our strategic and financial goals for 2020. per share proposed.
For example: CH Robinson launched Freightquote – This platform takes aim at SMBs enabling simple online search and e-booking across multiple US trucking carriers. For previous years’ reports: 2015 , 2017 , 2018. The digitization of the freight industry is about improving speed and efficiency. . Keep reading for the highlights OR.
A group of six international shipping organizations, including the International Chamber of Shipping (ICS), proclaimed Monday that, after over a decade of preventative efforts, that the Indian Ocean would no longer be considered a high-risk corridor. The film Captain Phillips provides one of the most prolific examples of piracy in the region.
The importance of setting the tone of the relationship and being an example of what you expect. The groups can discuss what changes or improvements they think should be implemented and any problems that need to be fixed. Set The Tone Of The Relationship, Be The Example.
Crew Group, for example, recently debuted its “Eco Jean,” a selection of denim it boasts is made from “sustainably dyed organic Italian cotton.”. Nearly twice as much apparel was sold in 2017 than in 2003. Earlier this year, Levi Strauss & Co. Some of that reflects growing spending power of consumers in emerging economies.
To know the most difficult challenges as perceived by supply chain professionals, we turn to the SCM World’s 2017 Future of Supply Chain survey. Besides, these risks are much more serious (for example, there were about 134,000 reported cyber-attacks on businesses in 2017 , or almost 50 percent increase from 2016).
Its severity varies significantly with geography: For example, inherent cyber risk has climbed in France over the past year while plummeting in Taiwan, two of the biggest changes in cyber risk in the index. Despite a fraught political climate, the group says, the U.S. Natural Hazards a Wild Card.
For example, our economic model shows that if GM simply maintained its 2017 ranking rather than dropping 3 points this year, it would have realized an additional $167 for every light vehicle manufactured and sold in N.A. Likewise, had Ford maintained its 2017 level, it would have gained even more -- $600 million in profit.”.
For example, consider the multitude of companies involved in the process of manufacturing, warehousing and distributing a single pair of shoes. According to a Deloitte survey of large companies with $500 million or more in revenue, 25% of respondents expected to invest more that $5 million in blockchain technology in 2017.
Last week, the Wall Street Journal reported that in 2017 total spending on logistics in the US rose to a record $1.5 Here are 4 amazing examples of beautiful warehouse operations in which the latest technologies are helping ecommerce giants handle record volumes of parcels faster and more efficiently than ever before. trillion, up 6.2%
Comparing the headlines (September 7, 2016 and May 12, 2017). The French automaker Renault, for example, was forced to shut down factories across Europe. For example, cyber security was one of the topics we discussed at the Executive Forum track at the Descartes Evolution 2017 conference last month.
Based on this, participating companies were grouped into the following maturity levels: leader, advanced, developing and initiating. For example, manufacturers may invest in re-useable product packaging and containers to move goods to co-packers or retailers, cutting plastic out of the equation. She lives in the Boston area.
billion e-commerce figure for 2021 is almost twice as large as its 2017 e-commerce sales estimate, representing a 17.7 For example, there is a limited supply of logistics service providers with the desired capabilities in China, compared with a rapidly growing e-commerce market. percent four-year CAGR.
Supply Chain = the whole granddaddy process comprising of all aspects in a product cycle, for example from picking of the fruit at a farm in Point A to delivering the fruit to the shelf at a store in Point B using all of the above-mentioned industries, businesses and services. trillion in 2017, partly due to higher oil prices.
The investment in UK industrial property continued its upward trend in 2017, with an increase of 80% on 2016 levels, according to the latest research from global property adviser Knight Frank. The volume of investment transactions exceeded £7bn in the second half of the year, bringing the annual total for 2017 to almost £11bn.
For example, do you have: Full data visibility across your business? In 2017, 81% of businesses were either in the process of implementing an ERP , or had already completed an implementation. For example, modern ERP systems increase on-time deliveries by 21% through automation, according to research by the Aberdeen Group.
Detainees listening to speeches in a camp in Lop County, Xinjiang, April 2017 All countries claim that they have outlawed slavery. In the apparel supply chain, for example, it is said that only 34% of brands can trace their value chains and over half can’t even track their supplier’s supplier. But slavery still exists.
Long-time intralogistics partner of Thomann is TGW Logistics Group. For this reason, the new Versand-Center-Nord (VCN – Shipping Centre North) has been live since 2017 in addition to the Versand-Center-Süd. It went live in 2017/18. During off-peak times the operation is carried out in two shifts.
President of Morai Logistics, Kelli Saunders, is Awarded 2017 Canada’s Most Powerful Women: Top 100 in the Entrepreneurship category by Women’s Executive Network (WXN). On November 23rd, 2017, president of Morai Logistics, Kelli Saunders, was honoured with the 2017 Canada’s Most Powerful Women: Top 100 Award.
A version of this article appeared in the Journal of Commerce on March 4th, 2017. It’s the freshly appointed CEO of CMA CGM, Rodolphe Saadé, speaking about the new opportunities that lie online during a session at Journal of Commerce’s TPM 2017 in Long Beach. Two years ago you didn’t hear talk of digitization from ocean liners.
E-commerce grew by 23% in 2017 according to eMarketer, and every additional e-commerce delivery requires a vehicle AND driver to get it to the consumer. There are numerous examples of how companies are using delivery to capture new customers and even drive incremental revenue.
Unfortunately, this produces a distinct challenge for manufacturers and businesses through 2017 and beyond: how will shippers manage to stay afloat with expected increases in the cost of LTL management while pertinent factors continue to drive the growth of LTL? For example, store A ran out of Item B. to three percent.
As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . By the end of 2020’s H1, that number had increased to 41%. Shifting Industry Habits.
Transplace Acquires Yusen Logistics’ Intermodal & Freight Brokerage Group. A TMS user, for example, can say to the system, “Show me all uncovered loads,” or an inventory manager can ask, “Which stores have less than three days inventory of product X?” Transplace Acquires Yusen Logistics’ Intermodal & Freight Brokerage Group.
E-learning widens access to education to students in lower-income groups who can’t afford full-time university fees. The report found that by 2017, about 77 percent of US corporations were making use of online learning. E-learning is much more affordable than face-to-face instruction. billion USD between 2020 and 2024.
-based XPO Logistics, a global provider of freight transportation and logistics services, announced very strong fourth quarter and full-year 2017 results late yesterday. billion for 2017, and free cash flow for the year came in at $374 million, which topped the target of $350 million. Jeff Berman, Group News Editor.
In late 2017 I published a post of anecdotes, observations and lessons given by senior officers contacted through the course of academic research. The disclaimer provided in 2017 applies: This post is a collation of pertinent points imparted through these conversations. By David Beaumont. Language and engagement can be used to delay.
Elemica Gains Significant Network and Software Growth in 2017 Across the Process Industry Markets. Descartes Systems Group, for example, acquired Customs Info in June 2014 and Global Trade Content is one of the company’s fastest growing segments. What Stores Do With $90 Billion in Merchandise Returns (WSJ – sub.
For example, grocery store customers have been accustomed to bagging their groceries for at least a decade. For example, at the time of this writing Kenco has 448 open positions across our company – a number that always fluctuates due to seasonality, but at peak times can be as high as 800. And the silver lining?
FAK is an acronym for Freight All Kind, which is simply a pricing mechanism that groups multiple classes of freight into a single class. Consider, for example, that a healthy portion of the product you ship is classified at freight classes 100, 125 and 150. Frequently within defined “bands” of density-based freight.
Freight volumes are continuing to trend upwards at a solid rate by historical standards, helped by strong consumer confidence and robust global investment growth,” the group points out. But amid signs that the inventory restocking cycle peaked in late-2017,” IATA says in its report, “the best of this boost to demand has long since passed.”.
The latest example is Walmart “raising its delivery goal posts for suppliers, asking them to deliver more goods on time,” as reported by Jennifer Smith and Sarah Nassauer in the Wall Street Journal. threshold for food consumables. That supplier would incur a 3% fine on the missing case. Who is cheering this news?
Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. For example, supplier performance issues can cause problems with inventory, order fill, on-time delivery performance, and customer-order lead times. . Mini Case Study: Walmart.
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