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Another concept Billy brought out in his presentation was the difference between what he calls “Key Actions” (KA) and “Key Indicators” (KI) – often called Key Performance Indicators (KPI). OK – what about industry? Key Actions vs. Key (Performance) Indicators. Key Action: Wash your hands.
About Anne Reinke Anne Reinke was named President & CEO of the TIA in October 2020, coming from the USDOT where she served as the Deputy Assistant Secretary – Congressional Affairs. About TIA The TIA is a leading industry organization dedicated to advancing the interests of transportation intermediaries across the United States.
The Supply Chain Excellence Awards 2020presented a very special award during a virtual broadcast this afternoon marking the response to the Covid-19 pandemic by… The post Special award marks industry response to Covid-19 at Supply Chain Excellence Awards 2020 appeared first on 24/7 Customs Broker News.
Determining the current state of shipping industry news is similar to looking into a Magic 8 Ball – when you shake it and the water settles, the message says, “Future Remains Uncertain.” Shipping Industry News: The Good. The good news is that the shipping industry is doing better than expected.
If you’ve worked in the LTL industry for any bit of time, then you know that it’s always changing. The industry hadn’t felt the void of such a large company since Consolidated Freightways closed 20 years prior. A stint of other factors after that didn’t put them in a better position when COVID-19 rolled around in 2020.
Editor’s Note: The following is an excerpt of a research report published yesterday, “Creating Resilience Amid Disruption: 2020 Supply Chain Market Research.” Read more Supply Chain Resilience: Back in the Spotlight.
At KataCon 2020, Steve Medland posed a problem that comes up fairly often: The default Toyota Kata process analysis (“grasp the current condition”) involves determining takt times and cycle times for the process, and a lot of processes don’t have an obvious repeating cadence. First some background just to level-set everyone.
The Portland Cement Association (PCA) has now named BEUMER Group as a winner of the renowned Chairman’s Manufacturing Performance Award 2020. These include waste tyres, rubber chips, plastic or other oleaginous mineral materials as well as processed industry/household waste.
Our quality promises will be the foundation of our partnership with our customers and pave the way for necessary quality improvements in our industry,” said Rolf Habben Jansen, Chief Executive Officer of Hapag-Lloyd. In the course of 2020, Hapag-Lloyd Online Business users will also get access to a separate personal area.
2020 was a year of extremes – particularly for logistics businesses, where a global pandemic polarised the sector, creating both winners and losers depending on how end-user markets were impacted. 2020 – a year like no other. in 2020 – its lowest level since the survey began in 2012. 2020 really was a year like no other.
Congestion is still impacting key transshipment hubs like Cartagena (90+ ships in port and anchorage in mid-December 2024), Freeport (21+ container ships in queue as of December 2024), and Kingston (50% above 2020 volumes and only 9% schedule reliability) these are particularly important hubs for U.S.
What is the IMO Sulfur Cap that went into effect on January 1st, 2020? ?Since Since January 1, 2020, the International Maritime Organization (IMO) implemented a sulfur cap, known as IMO 2020, which set a limit concerning higher sulfur contents in fuel oil consumed by ships. What are Ship Requirements to Meet IMO Regulations? ?Water
It’s not only creating new and innovative products to support global supply chains, but is also rapidly changing how the industry operates. However, 2019 did see some of the newer technologies making big strides and are expected to be in trend in 2020 as well. Technology has become synonymous with supply chains. every year up to 2025.
The Aschaffenburg, Germany-based intralogistics specialist Linde Material Handling (Linde MH) has released its sustainability report for 2020. Some progress toward this goal has already been achieved: Around 79% of the electricity purchased in 2020 came from renewable energy sources. Click here to download the report.
Healthy growth is expected to be driven by broad-based industrial demand. Following growth throughout 2018, the chemical industry is expected to see continued healthy demand for basic chemicals throughout this year, with most specialty segments predicted to benefit from growing demand as well, especially in construction markets.
With the effects of 2020 reverberating into the new year, business carries on in some unusual new ways. E-commerce has shaken the retail industry’s logistics approach, as Amazon’s model dramatically altered consumer expectations in a phenomenon now known as the “ Amazon Effect ”. Ideal Capacity for Profitability .
ShipChain Releases New Industry White Paper. We’re excited to share that our latest industry white paper, “ The Role of Blockchain in Navigating Black Swan Supply Chain Events ,” is live! As of May 8, 2020, ShipChain is officially a part of the project’s Specifications Steering Committee. .
They learn from one another and help each other grow, as well as hearing from industry experts. Like everything else, 2020 changed this year’s conference. We not only had to line up presenters and find great content but figure out the technology to put it all together. There were celebrations throughout the conference as well.
The pandemic has developed to be more than a health crisis, as it presents profound socio-economic hardships following the enactment of various measures to counter COVID-19. As a result, different industrial sectors have been affected, such as the wine sector, following the cancellation of some local, national and international events.
Most in the logistics industry consider trucking deregulated. While this perspective is accurate in a financial sense, the truth is trucking is among the most regulated industries in the country. Among the challenges of drafting regulations for the trucking industry is the myriad of equipment types and services offered.
increase from 2020. Fleet Overcapacity The container shipping industry has experienced significant growth in recent years, leading to an increase in vessel capacity. However, the economic slowdown has left many shipping companies with excess capacity, exacerbating the problem of overcapacity in the industry.
“You can’t run a business in 2020 like it’s still 1999.” That was my favorite quote from Billy Beane’s keynote presentation at the 65th Annual Food Shippers of America Conference earlier this week in Orlando, Florida. Beane is the Executive VP of Baseball Operations for the Oakland A’s, but he’s best known for Moneyball, the.
Global shipping and transportation present tremendous opportunities for businesses, but they also bring complex challenges, particularly when it comes to compliance. Staying on top of these changes is crucial to avoid costly fines, shipment delays, and damaged reputations.
Determining the current state of shipping industry news is similar to looking into a Magic 8 Ball – when you shake it and the water settles, the message says, “Future Remains Uncertain.” Shipping Industry News: The Good Let’s start this update on the most positive note.
The diamond and gold, tea and coffee, beverage, food, and automotive industries all have participants with blockchain applications under test, operating as pilots, or implemented as digital solutions to improve supply chain operations. It appears that the tea industry, in particular, has a problem with counterfeiting.
The publication is produced annually for the Council of Supply Chain Management Professionals (CSCMP) by global consulting firm Kearney and presented by Penske Logistics. “I in 2021, nearly twice as fast as in 2020. The State of Logistics Report was introduced today at the National Press Club in Washington, D.C. retail sales. “If
The year 2020 was a year unlike any other, and supply chains were more front and center than ever before. This is especially true in the retail space, as a surge in ecommerce and pandemic-driven demand volatility increased the rate of change in an already rapidly evolving industry. Our retail and CPG customers, both at C.H.
The European Logistics Association is pleased to announce the 6 finalists projects of the 2020 ELA Awards competition. The finalists have been selected by an international jury, consisted of 26 members, high-level practitioners in logistics from sectors like retail, industry, consulting, service providers and the academic world.
According to a poll conducted by Deloitte, 39% of consumer and industrial products professionals found at least one instance of fraud or abuse in their supply chains in 2020. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common.
In 2020, we have seen the dips and surges of the container shipping market. West Coast had increased by 120% (July 2019 vs. July 2020 comparison) significantly on a global scale. All this has been said, I believe that this is a natural pattern of the shipping industry. Freight rates from Asia to the U.S.
“Perpetuation” and “inter-relation” are my two primary takeaways from the American Transportation Research Institute’s annual survey, Critical Issues in the Trucking Industry – 2020. This means the issues that are perpetually present need addressed, and those inter-related require an overarching perspective.
Lately they have upped their game and many have in place ambitious goals for 2020. By 2020 it wants to obtain 30% of its jet fuel to use alternative fuels. This will help the company achieve its goal of reducing aircraft emissions intensity 30% by 2020. FedEx also has ambitious goals. Last-Mile Delivery.
It is quite a nebulous and fluid area of research at present,” he says. “It ALICE , which is currently conducting research on the physical Internet, projects that 2020 will yield the “full alignment of economic, social, environmental and security goals.” Will the industry embrace such change?
who addressed the topic in her presentation at the 2019 Accelerate! Show up by being present, engaged and committed. Men as Allies in the Real World Fortunately, more and more men in the transportation industry are recognizing the value of greater gender representation and showing interest in increasing diversity in the workplace.
However, the main question for the shipping industry has always been locating less-challenging places to ship cargo from. So no matter how farfetched it may seem, the solution might be that farfetched option that you are presented with.
For those in the trucking industry, produce season carries an awareness of the many opportunities and challenges that comes with transporting perishable commodities. Managing the rapid changes in available TL capacity when increased volumes begin to consolidate in California presents one of the most significant of those challenges.
Industry is responding. After decades of controversy concerning the realities of climate change and its causes, the fossil fuel industry is now shifting to a strategy of presenting itself as the source of solutions. This repositioning includes rebranding itself as a “carbon management industry.”.
The American Trucking Association is the largest trade association representing the trucking industry in the U.S. of all tonnage is transported via trucking which means understanding the Truck Tonnage Index provides insight into the largest segment of the transportation industry. compared to the same time frame in 2020.
It’s human nature to want to start a new year with new goals—the ever-present new year’s resolutions. Fewer organizations achieved their business goals in 2023 than in any recent year, aside from 2020. APQC partners with more than 500 member organizations worldwide in all industries.
Offering LNG services based on the needs of industry, heavy cargo transport and seafaring, ranging from LNG deliveries to turnkey solutions, Rohe works with the best in business in each field of industry. Rohe Solutions provides LNG for the needs of industry in the township of Lieksa.
For those in the trucking industry, produce season carries an awareness of the many opportunities and challenges that comes with transporting perishable commodities. Managing the rapid changes in available TL capacity when increased volumes begin to consolidate in California presents one of the most significant of those challenges.
2020 threw at us a potent concoction of virulent market conditions including a pandemic, skyrocketing freight rates, reduced availability of space and equipment on container ships, unprecedented demand and port congestions along with the usual documentation and visibility issues that we have been facing for years. Take the survey.
On the 30th June 2020, the barge “ MV Pruthvi ” left Haldia Docks on its maiden voyage to Dhaka on the Indo Bangladesh Protocol Route (IBPR) carrying 45 TEUs of sponge iron. This first-ever containerised cargo from India to Bangladesh using the Inland Waterways reached Pangaon International Container Terminal, Dhaka on the 12th of July 2020.
Nearing the end of 2020, Maersk has remained true to that goal. In the weeks following the Damco brand subsumption, DB Schenker released a press release that referenced the Damco changes: “The last thing shippers need at present is further uncertainty”. By the end of 2020’s H1, that number had increased to 41%. It’s worked.
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