IoT World Today

MAY 21, 2020

Practitioners must develop a data analytics strategy that gives them insight into supply chain aberrations before catastrophe sets in. “If The maritime industry — 90% of world trade travels by sea — is notoriously manual. But those new sourcing strategies must be informed by an accurate data platform that can conduct risk analysis.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

MTS Logistics

DECEMBER 6, 2024

Said Maersk Head of Asset Strategy and Strategic Partnerships, Ahmed Hassan. These orders will not add to the overall capacity and over time every vessel coming in will be replacing a scrapped vessel having reached end of life, ensuring that we maintain our fleet size at around 4.3m

Ordering 105

Ordering Capacity Maintainability Scenario Planning 105

Supply Chain and Logistics

SEPTEMBER 25, 2023

Beijing’s global maritime operations double as intelligence-gathering outposts. I was not aware that Chinese interests have installed operating software at quite a few ports around the world. Coupled with the Chinese Government’s mandate to share all information with the Chinese … Continue reading →

Maritime 124

Maritime Government Logistics Network Optimization Software Operations 124

MTS Logistics

DECEMBER 11, 2023

Now, it has been announced that over 60 private and public maritime organizations, as well as various governments at the national and regional levels have banded together to make a bold commitment. This past summer, IMO member states adopted a Revised Greenhouse Gas (GHG) strategy with plans to formalize regulations in the near future.

Meeting 104

Meeting Groups Negotiating Skills Supply Chain Planning Software 104

MTS Logistics

AUGUST 14, 2023

The once-tranquil seas are undergoing noticeable transformations, with the impacts of rising temperatures affecting maritime operations. This imminent danger hits the core of maritime operations, namely the ports. In a world confronting the unyielding advance of global warming, the ocean shipping sector stands at a critical juncture.

Maritime 98

Maritime Temperature Exercises Scenario Planning 98

MTS Logistics

JULY 12, 2023

We previously reported that last week, the International Maritime Organization (IMO) was meeting to see if they could agree on updated greenhouse gas emission reduction rules as climate change accelerates. There was urgency to get a deal done, after the U.S. and other major players pushed for stronger progress.

Sourcing Strategies 87

Sourcing Strategies Meeting Scenario Planning Maritime 87

MTS Logistics

MAY 1, 2024

Maritime & Trade Operations relayed a statement from a Company Security Officer confirming damage to the vessel but assuring the safety of its crew, who are proceeding to their next port of call. This strategy aims to counterbalance perceived Western dominance and advance China’s own interests in the region. According to U.S.

Maritime 104

Maritime Cost Reduction Military Security 104

MTS Logistics

SEPTEMBER 30, 2024

The ongoing negotiations between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX), might not reach a resolution before the current contract expires tonight, September 30th. We cannot even imagine the consequences if this situation were to continue for a longer period. economy and global trade.

Negotiating Skills 104

Negotiating Skills Maritime Presentation Distribution 104

MTS Logistics

MARCH 25, 2024

Important Components of Contracts for Ocean Freight The negotiation of rates and prices is a fundamental component of maritime freight contracts. The terms, conditions, and prices for shipping products in ocean freight containers are governed by these contracts.

Negotiating Skills 104

Negotiating Skills Freight Price Reduction Expense Reduction 104

MTS Logistics

MARCH 11, 2024

In the report, it was stated that fluctuating freight markets and interrupted deliveries put global maritime transportation under pressure, and the following statements were made: “Increasing security concerns primarily means higher premiums for the insured. Choosing alternative routes doesn’t really decrease insurance costs much.

Security 115

Security Cost Reduction Maritime Conference 115

Carter Logistics

DECEMBER 31, 2018

How do you build integrated supply chain strategies? It is important to have documented strategies for your supply chain management. A working supply chain strategy should support business goals, maintain a clear focus, be measurable and adjustable, reduce costs, and improve customer satisfaction.

Supply Chain Planning Software 60

Supply Chain Planning Software Vendor Strategies Supply Chains Cost Reduction 60

Shipping and Freight Resource

APRIL 14, 2021

project44’s ongoing post-incident analysis provides the maritime shipping industry stakeholders with a clearer understanding of the incident, providing the analytical tools to create more robust supply chains in the future. ” days (up from 1.09 days in March 2020); Shenzhen — Hamburg, where median delays last month were 9.23

Supply Chain Software 91

Supply Chain Software Resource Reduction Logistics Network Optimization Software Cost Reduction 91

MTS Logistics

JANUARY 19, 2022

Import freights are significantly higher-paying than exports, so the main carrier strategy is based on imports. Another strategy of ocean carriers is filling the the vessels by “repositioning empty containers.” ” According to a MarketWatch analysis, 46.2%

Price Reduction 115

Price Reduction Supply Chains Scenario Planning Availability 115

MTS Logistics

AUGUST 25, 2023

Climate Change and Extreme Weather Threats to maritime infrastructure and vessel operations could come from rising sea levels and more frequent extreme weather events. It will be necessary to employ adaptation strategies to lessen these effects.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Industry Waste Reduction 97

MTS Logistics

DECEMBER 9, 2022

Blank sailings are a strategy used by freight forwarders to redistribute fleets, equipment, and the likes by skipping ports and/or legs of voyages. Analysis of recent weeks between late November and early December show that the 14% of sailings across major shipping routes have been canceled.

Inventory Reduction 105

Inventory Reduction Resource Reduction Disposal Analysis 105

MTS Logistics

DECEMBER 18, 2023

As we approach the conclusion of 2023, the maritime shipping industry faces challenges that have impacted ocean carriers with declined profits and increased price-driven competition. Carriers may adopt strategies like slow steaming and blank sailings to manage capacity.

Negotiating Skills 111

Negotiating Skills Price Reduction Industry Sourcing Strategies 111

MTS Logistics

FEBRUARY 21, 2022

In the wake of the industrial digitalization strategy, key actors have adopted and implemented such solutions that aim to upgrade conventional freight containers with onboard tracking and monitoring capabilities, security devices, and other multiple sensors, eliminating inefficiencies. support tools.

Supply Chain Design Software 98

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Optimization Software 98

MTS Logistics

OCTOBER 14, 2022

Maritime trade has always had its ups and downs due to product cycles throughout history. Since over 80% of traded goods are moved via the sea (UNCTAD; Review of Maritime Transport 2021), we can confidently say that the entire developed world depends on sea transportation to survive.

Inventory Reduction 92

Inventory Reduction Price Reduction Cost Reduction Purchasing Skills 92

Shipping and Freight Resource

OCTOBER 5, 2021

Potential stakeholders include donors, regional maritime technology cooperation centres, various decarbonization R&D centres, Global Industry Alliances, financial institutions, and more. The foundation Project will undertake regional and global consultation workshops to design the key elements and framework of the global programme.

Resource Reduction 61

Resource Reduction Cost Reduction Workshop Maritime 61

MTS Logistics

DECEMBER 14, 2022

The change in leadership reflects a change in strategy for A.P. Much like Amazon, Maersk has developed a strategy to offer end-to-end transportation services rather than its traditional business model of container shipping. Moller-Maersk, who have tapped new leadership in a time of great change. Conclusion.

Price Reduction 110

Price Reduction Cost Reduction Trends Strategy 110

MTS Logistics

FEBRUARY 1, 2023

It’s well-known that the growth and development strategies of countries either develop or complicate the commercial activities of the companies operating in that region. One of the examples of this that positively affects world trade is the National Transport and Logistics Strategy announced by Saudi Arabia about two years ago.

Logistics Network Optimization Software 105

Logistics Network Optimization Software Strategy Modeling Software Examples 105

MTS Logistics

JULY 21, 2023

According to a 2020 analysis by the Insurance Information Institute, these disruptions cost firms an average of $1.45 The global shipping industry heavily relies on accurate and timely documentation, such as the Bill of Lading (BOL), to transport an astounding 11 billion tons of cargo annually. million per event.

Cost Reduction 91

Cost Reduction Document Expense Reduction Supply Chains 91

Logistics Viewpoints

AUGUST 16, 2024

The seller marketplace is part of Walmart’s larger strategy to expand its services beyond those of a typical retailer. The surge comes as contract negotiations between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance have stalled, with the current agreement set to expire on September 30.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Purchasing Skills 120

FreightWaves SONAR

JANUARY 5, 2021

According to Maritime Executive , “Eight international carriers split into three different alliances control 80% of the market today. Carriers simply need to know where to send trucks and the proper freight rating or pricing strategies to use. Now, the industry is changing yet again. And those increases are likely to remain forever.

Data 88

Data Price Reduction Freight Resource Reduction 88

MTS Logistics

DECEMBER 22, 2021

With the closure of ports, negative consequences in maritime shipping are experienced more frequently. Although weather conditions cannot be controlled, it’s imperative that businesses have systems and strategies for tracking potential disruptions and preemptively addressing them. Weather Forecasting.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 98

MTS Logistics

FEBRUARY 6, 2023

Uncertainty and volatility: both events caused businesses to reconsider their contingency plans, strategies, and priorities. The Breakdown The shipping industry is complex and subject to many economic and geopolitical factors that can impact supply and demand, and ultimately, shipping rates.

Cost Reduction 104

Cost Reduction Sourcing Strategies Manufacturing Procurement Events 104

Logistics Business Magazine

SEPTEMBER 20, 2021

The maritime transport industry is responsible for around 3% of anthropogenic greenhouse gases (GHG) emitted globally, releasing around 1,076 million tons of CO2 into our atmosphere every year. PortXchange has already acted on all three commitments: Preparing an annual footprint analysis. PortXchange Products B.V. ,

Material Savings 49

Material Savings Optimization Software Logistics Network Optimization Software Maritime 49

The Logistics Academy

JULY 26, 2017

As part of this strategy, the Government is partnering with higher-education institutions to develop training programs in emerging technologies and trends such as big data analysis or e-commerce supply chains. Focus on Talent Development. resulting in more seamless supply chains. resulting in more seamless supply chains.

Sourcing Strategies 60

Sourcing Strategies Resource Reduction Logistics Network Optimization Software Supply Chain Software 60

Freightos

AUGUST 26, 2015

American based gCaptain provides maritime information to some 600K unique monthly viewers, with a focus on commercial marine and offshore energy. Senior Director, Content, at IHS Maritime & Trade. Dr Seuss metaphor one day, expert analysis on the growth of EDI the next. joc_updates. Shipping Gazette Daily News. jimtompkins.

Resource Reduction 132

Resource Reduction Logistics Network Optimization Software Supply Chain Software Supply Chain Design Software 132

MTS Logistics

FEBRUARY 17, 2023

The move is being pursued as part of the shipping company major’s future growth strategy, which has earmarked $11.3 South Korean shipping company HMM announced that it has signed new shipbuilding contracts for nine 9,000-TEU container ships powered by methanol dual-fuel engines. billion for future investments. million TEUs by 2026.

Ordering 98

Ordering Strategy Industry Operations 98

MTS Logistics

APRIL 11, 2022

Torben Bengtsson, Global Head of Air & LCL at Maersk, said this in the company’s press release: “Maersk Air Cargo is an important step of the Maersk Air Freight strategy, as it will allow us to offer customers a truly unique combination of air freight integrated with other transport modes.

Cargo 98

Cargo Supply Chains Logistics Network Optimization Software Strategy 98

Logistics Business Magazine

OCTOBER 19, 2023

The end of project report released today by the Decarbonising UK Freight Transport (DUKFT) Network, suggest several ways to overcome the chicken-and-egg problems associated with decarbonising road, rail and maritime freight transport.

Modeling Software 47

Modeling Software Freight Transportation Cost Reduction 47

Dedola Global Logistics

JUNE 2, 2024

This knowledge informs our strategies at Dedola Global Logistics. Comparative Analysis In this section, we’ll take a focused look at the respective roles and functions of carriers and NVOCCs (Non-Vessel Operating Common Carriers), drawing out key distinctions and considerations for shippers navigating their options.

Negotiating Skills 98

Negotiating Skills Freight forwarding Cost Reduction Logistics Network Optimization Software 98

MTS Logistics

SEPTEMBER 12, 2024

Supply chain and logistics operations have become central to differentiated customer experience strategies. Companies that provide a unique experience can draw in and keep more customers, leading to enhanced growth and increased profitability. A superior experience now transcends reliable and consistent delivery services.

Examples 105

Examples Logistics Network Optimization Software Resource Reduction Buyer Training 105

Logistics Viewpoints

AUGUST 11, 2023

It’s taking semiconductor firms more than twice as long as their peers in other industries to hire personnel such as technicians or mechanical engineers, with the typical process stretching to about three months, according to an analysis of the top 50 chip producers in the US by Revelio Labs, a labor-market data analyst.

Negotiating Skills 97

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Material Savings 97

Logistics Business Magazine

SEPTEMBER 19, 2023

Developing high standards for alternative sustainable, green fuels – including the analysis of full lifecycle and related greenhouse gasses – and helping to setting the framework of mass production of green methane and green methanol.

Maritime 54

Maritime Collaboration Logistics Network Optimization Software Security 54

MTS Logistics

JUNE 30, 2023

And 52% are looking to consolidate more shipments overall, a strategy for which LCL can play an important role.” Recent market insights found the following: “According to a latest global shipper survey, 75% of shippers who use LCL plan to continue or increase it in 2023. Bridge the gap with market and mode shifts.

Cost Reduction 98

Cost Reduction Inventory Reduction Waste Reduction Optimal Sourcing 98