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John is a legendary builder; he was a founding member of both the Uber Freight product team and the Echo Logistics carrier sales team, and co-founded Isometric Technologies in February 2020. ISO provides a neutral, single source of truth for logistics performance, eliminating siloed systems and human analysis. The Greenscreens.ai
Increasing supply chain data visibility is a priority for logistics organizations looking to improve resilience. Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk.
I have recently completed the latest ARC Advisory Market Analysis on Global Trade Compliance, available here. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions. Consequently, demand for robust GTC solutions will continue to rise. from Canada and Mexico.
Those that held on in 2020 continue to face obstacles as recovery begins. Fortunately, smart data utilization can help reduce deadheading occurrences and make the entire supply chain more profitable. Applied data lowers the risk of over-valuing or under-valuing trucking costs. Think about it. Think about it.
E-commerce spending will surpass $4 trillion annually by 2020, reports eFulfilmentService, accounting for approximately 15 percent of total global retail spending. This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how dataanalysis may help. Download Here.
Despite all these issues, cargo handled has rose a whopping 22% in the period of December 2021/January 2022/February 2022 compared to the December 2020/January 2021/February 2021 period according to data from the Port of Houston. The post Analysis: Should You Redirect Your Cargo and If So, Where?
By building machine learning models that properly diagnose and label excursions, PAXAFE is uniquely positioned to leverage more granular, contextual data to accurately identify when, where and under which conditions future adverse events are likely to occur. PAXAFE’s platform decreases cargo loss while improving operational efficiencies.
So, going into 2025, I would like to focus on current congestion data, global trends and what U.S. So, planning in advance, choosing the right partners that present options, doing an actual cost analysis, and keeping customers educated will be the key to overcome the challenges faced in 2025.
“Spare Parts Logistics Market Scenario 2020-2028: The Global Spare Parts Logistics market exhibits comprehensive information that is a valuable source of insightful data for business… The post Analysis on Impact of covid-19 – Spare Parts Logistics Market 2020-2028 appeared first on 24/7 Customs Broker News.
Intro to 2020 Supply Chain Management Trends. The new year is upon us, and with the end of 2019 we reach the end of the decade – and the beginning of 2020. 2020 supply chain management trends will further these shifts. 2020 supply chain management trends will further these shifts. Greening” the Supply Chain.
That thesis was firmly supported in data issued this week by the American Trucking Associations (ATA) in its “ATA American Trucking Trends 2020.” While 2019 was not the watershed year for trucking that 2018 was, it does not mean that 2019 was not a strong year for the sector.
and Canadian Class 8 natural gas truck retail sales dropped 25% year-to-date over the same time period in 2020, as published in the Alternative Fuels Quarterly (AFQ) report recently released by ACT Research, a publisher of commercial vehicle truck, trailer and bus industry data, market analysis […].
He earned his logistics stripes at GlobalTranz, learning the business and riding the fast growth wave to impactful leadership positions, and under Buchanan’s leadership at Loadsmart the account sales team has grown in headcount by 860% and in revenue by 578% (1H YoY 2020 – 2021).
He earned his logistics stripes at GlobalTranz, learning the business and riding the fast growth wave to impactful leadership positions, and under Buchanan’s leadership at Loadsmart the account sales team has grown in headcount by 860% and in revenue by 578% (1H YoY 2020 – 2021).
It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Why outdated data hurts carriers in the short- and long-term.
Most of us are happy to have put 2020 behind us. If 2020 has taught businesses anything, it’s that our supply chains are not nearly as secure as we might have once thought. If 2020 has taught businesses anything, it’s that our supply chains are not nearly as secure as we might have once thought. The Big Benefits of Big Data.
Surviving the tumultuous year of 2020 represented the most critical challenge shipping leaders had to face in years. Enterprise shippers are looking for ways to capture and analyze more data Making the most of available technology has always been critical for fine-tuning a supply chain. Download the White Paper.
I tend to use time series analysis as an anchor to my forecast, as I suspect many of you do. When data on causal factors is not readily available, it can be informative to review the behavior of certain industries or economic activity in response to disruptive events. New Factors with Limited History. Review of Prior Impactful Events.
The answer is not simple and involves research and analysis across a number of factors. Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains. Analysis of employment data. for Q2 2021, relative to Q2 2018.
The global economy has gone through an incredibly tumultuous time since 2020. Well, an analysis of US import container volumes 1 as a share of consumer spending 2 in 2021 and 2022 to date implies that every $1,000 in ocean freight costs per forty-foot container accounts for 0.09% of personal consumption expenditures each year.
Will connected supply chain technology applications simply speak to each other and update all the data? In fact, Gartner found that 64% of large enterprises plan to implement big data projects. All of this data needs to go somewhere – but where? trillion in revenue by 2020. Who has time and money for human INPUT error?
In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.
Prior to 2020, every supply chain in the world was challenged by increasing levels of demand unpredictability and market volatility. While creating a demand-driven supply chain means ingesting and interpreting large volumes of data, advances in cloud computing and edge computing make data-based decision making easy and cost-effective.
However, 2019 did see some of the newer technologies making big strides and are expected to be in trend in 2020 as well. The autonomous trucking industry is expected to keep up the momentum in 2020 also. So in 2020 also one can expect AI to be an important part of the technological revolution in multiple supply chains.
Recent data indicated soft manufacturing activity coinciding with ongoing trade disputes. These data points provided credibility to the view that a recession was possible. The World Trade Organization publishes monthly merchandise trade data. China export data was unavailable for January 2020. percent from Q2 2020.
87% of shippers reported maintaining or growing their technology investments since 2020. In transportation, digital freight procurement and asset tracking & data mining are in broad use. Around 80% of LSPs and 68% of shippers cited the cost/ROI analysis as the biggest challenge for transportation transformations.
At the same time, research from George Mason University’s Mercatus Center makes the assumption that China will disconnect underwater Internet cables that are crucial to the semiconductor sector and serve as a significant data conduit between Asia and North America. According to the analysis, the U.S.
The global air cargo market saw a 4% year-on-year decline in the four weeks to February 2, 2020, according to the latest ‘dynamic load factor’ market intelligence from CLIVE Data Services. But looking at the data in more detail tells a more nuanced picture.
As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success. Measuring performance with transportation KPIs and freight data is getting easier. Transportation management depends on historical and real-time data. Think about this.
When the pandemic started in 2020, no one could foresee the impacts of the global supply chain disturbances would last this long. As most of the common pain points and challenges from 2020 continued to be still relevant in 2021, many retailers accelerated their search for next-generation planning capabilities. Network cost modeling.
Despite their importance, SMEs face several logistical challenges, such as limited resources, lack of economies of scale, and difficulties in attracting skilled workforce (Singh & Sharma, 2020). Despite these differences, both SMEs and startups share a common interest in harnessing technology to optimize their logistics operations.
Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in dataanalysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022.
According to data from Datamyne, for the second half of 2022, if you are in Houston or in New Orleans, space/equipment/trucking/chassis availability should be quite calm – based on the numbers only. less cargo from June 1st to Dec 28th of 2020/2021 and New Orleans has shipped 21% less cargo during the same period.
From a process perspective, an analysis is not enough. Once an analysis is completed, it must be shared with business leaders, decisions must be made based on that analysis, there must be a process in place to execute the decisions, and the results must be measured. But most fundamentally, a company must be data driven.
At the end of March 2020, we set up a short survey sponsored by Ocean Insights. This survey which was answered by over 300 Shipping and Freight Professionals across the world collected and analysed data on three key aspects of Impact, Preparedness, and Recovery. Eric Johnson (Host) Senior Editor, Technology – JOC.
It’s definitely an inflationary data point for shippers to keep their eye on. Dubbed “The Great Holiday Re-Write” it looks at how 2020 has changed peak expectations for shippers and consumers. The wild swings in the 2020 freight market have been something to witness for sure. US-CAN border delays after CBSA tech malfunctions.
The Journey to Improve Service When Mr. Masters joined the company in August of 2020, the company had three business units each using its own carriers. An RFP is a data intensive exercise. This made the dataanalysis easier. On the inbound side, it was highly reliant on spreadsheet data. Is this working?”
If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. The average cost of a data breach reached $3.86 million in 2020 , with compromised employee accounts the most common cause. Capacity constraints and transportation delays.
announced its $20 million Series A-1 funding (following the $15 Series A funding in 2020) led by Prime Movers Lab and featuring Future Ventures, Energy Impact Partners, JAZZ Ventures and Playground Global. Xeneta’s dataanalysis shows that containerized imports from the far east to the US increased substantially from 2017 to 2022.
SYSPRO ’s 2020 survey, The Inflection Point for the Factory of the Future , showed that only about one-third (38%) of manufacturers’ business systems had enabled them to meet the challenges posed by the COVID-19 pandemic. Finance and production can’t be working off different data sets. The pandemic made that impossible.
Real-time data is critical to the supply chain’s smooth operations day in and day out. Supplier diversity took on an entirely new meaning in 2020. Faster communication with automated messaging and data sharing. Data collection and analysis can be accurately applied to the network. Think about it.
Swisslog has announced they will be hosting a webinar on May 12, 2020 focused on rising to the challenges of e-grocery fulfillment. As the world responds to the COVID-19 pandemic, grocery supply chains are being pushed beyond their limits.
Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. And it’s critical to know how carriers can tap data and analytics technology to boost driver morale and attract more talent. . So, companies are working on retaining the workers they already have.”
Once the analysis was done for Year One set up, Year Two was pretty much the same. In July of 2020, the US Federal Drug Administration (FDA) authorized the marketing of a version of IQOS, a heated tobacco product that Altria is selling under a license agreement with PMI in the US. It was predictable.
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