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Manhattan joins a select group of supply chain software suppliers generating over $1 billion in annual revenue. For example, if a promotion plan has not been correctly modeled for the warehouse, there may not be enough storage capacity, dock doors, or workers to execute the days work. This represents year-over-year growth of 12.1%.
Trey is a Brand Ambassador at Lean Solutions Group , a nearshore service provider that delivers high-quality business solutions in staffing, tech, marketing, and sales for U.S.-based Trey Griggs is a Brand Ambassador at Lean Solutions Group and the Founder and CEO of BETA Consulting Group (BCG). About Trey Griggs .
Two contracts for a total of 24 new container ships were signed by the German shipping company, Hapag-Lloyd, the fifth-largest container line in the world by capacity. Yangzijiang Shipbuilding Group will construct 12 of these new structures, each with a 16,800-TEU capacity. billion to 4.2 billion euros ($4.6 billion to $5.0
Carrier capacity tops the list of parcel shippers’ challenges. E-commerce order volume keeps climbing, straining carrier capacity with shippers sending more parcels outbound and receiving more returns inbound. Carrier capacity management strategies ease the crunch. Widening our view of carrier capacity management.
Recent research across 50+ procurement professionals found them most concerned with the impact of external factors on operations, with rising costs ( 55% ), geopolitical disruptions ( 45% ) and capacity constraints ( 38% ) at the top concerns. Why Rate Refresh?
Spot freight demand has softened, and truck capacity has loosened since the frenetic days of the 2021 freight boom. Several companies are making their first appearance on the Top 100 this year, including RXO, Ryan Transportation Service, Scotlynn Group, Canada Cartage, KAG Logistics, and Logistics Plus. billion in revenue.
Bear Down Logistics utilizes its company-owned assets for drayage and delivery services throughout the State of Florida, while its brokerage division serves all states and excess capacity needs for its customers. Their brokerage division serves all states and their excess capacity needs for their customers.
His primary goal has been leveraging Coyote’s proprietary technology, people, and capacity to solve pressing customer challenges. Coyote provides multi-modal solutions, including full truckload, less than truckload (LTL), intermodal and other capacity or asset solutions, to more than 15,000 shippers around the world.
Eduardo is the Group Product Manager at Loadsmart , a digital freight brokerage that leverages cutting-edge technology and strategic partnerships to help shippers and carriers move more with less. Eduardo Silva is the Group Product Manager at Loadsmart. Eduardo Silva and Joe Lynch discuss Home Depot’s empty mile solution.
Some observers anticipate that the strike will still lead to some capacity and equipment shortages at Asian origins in early November. At the same time, Red Sea diversions’ drain on capacity are still keeping these prices about triple their level a year ago.
Louis and got his start in the industry at Hub Group in the Highway Brokerage division. Louis, MO offering reliable, consistent, quality capacity. About Brian Gibala Brian Gibala is the VP of Sales at LTI Trucking Services, an asset-based truckload carrier and 3PL specializing in temperature-controlled contract service.
The SONAR Lane Score is now available in Descartes Macropoint Capacity. Direct access to SONAR Lane Score within MacroPoint Capacity helps brokers maximize efficiency by bringing in useful data into one platform. Descartes’ MacroPoint Capacity allows a broker to see assets throughout the U.S. freight markets by lane.
Their network features include pick-ups seven days a week, flexible sortation, eco-friendly use of passenger flight cargo capacity, and diverse last mile partners. Maergo eliminates the need for expensive regional distribution centers and complex carrier relationships.
Sean is a bilingual start-up veteran who’s worked in China with the Beijing Silicon Valley Group, leading the logistical planning of multiple joint ventures. By connecting the four major stakeholders in drayage, Qualle is helps to the container moving: Exporters gain access to more capacity and equipment.
Prior to joining Third Axiom, Brad was a key member of the executive team at MODE Transportation where he developed and implemented technology solutions across operations, pricing, capacity, data science, and analytics while also working to design and implement solutions for MODE’s transportation network and managed transportation customers.
Michelle Sodomka, a Senior Director at Open Sky Group. Shortages of drivers is just one of the contributors to the difficulties shippers are having in securing the truck capacity they need. Open Sky Group is focused on consulting and implementation of Blue Yonder ’s warehouse, labor, and transportation management solutions.
Although in terms of the number of ships, Maersk has the edge, in terms of container capacity, MSC will have a good lead over Maersk. “ The post It is Official – MSC is the world’s largest container shipping line in terms of container capacity appeared first on Shipping and Freight Resource.
In that capacity, he led the acquisitions of companies such as Fleetmatics, Networkfleet and Telogis resulting in the creation of Verizon Connect. We are a group of fleet-tech veterans who have spearheaded innovation at some of the industry’s leading corporations.
The 3PL’s capacity procurement team utilizes a proprietary qualification process to identify and contract the highest quality providers to operate within its network.
Understanding what consumers want With billions of dollars of orders poised to test the capacity of retailers’ shipping operations this peak season, minimizing fulfillment uncertainty and transforming customer confidence through optimized last mile delivery becomes priority one.
Novonix is also collaborating with local educational institutions to create STEM-focused training programs and offer employment opportunities to disadvantaged groups. The facility aims to reach full production capacity by the end of 2028.
Bipartisan Infrastructure Laws Impact The Bipartisan Infrastructure Law is driving improvements in freight infrastructure, including: Expansion of port capacity to accommodate increasing container traffic. Labor and Capacity Shifts As more freight moves through regional networks, driver demand shifts accordingly.
Overall, he has executed $30B of combined M&A and investments mostly with UBS Investment Bank’s Technology, Media & Telecom group. It’s hard for Company A to figure out how to lease or allow Carrier B to tap into some of their empty trailer capacity. I think, overall, it’s beneficial to have more capacity in the marketplace.
When you have consistent, high-volume flows, you can establish more regular shipping schedules, optimize your loading patterns, and even negotiate dedicated capacity with your carriers. In reality, even medium-sized businesses can create volume leverage through smart strategies like consolidation points or participating in buying groups.
Or they may have expertise in manufacturing processes and have flexible capacity to allow contract manufacturing for new product introduction. An example of this is Vendor Management Inventory and Capacity Collaboration for contract manufacturing. Nari Viswanathan is a six times SDCExec Supply Chain Pro to Know award winner.
Previous industry experience includes president and CEO of Port America Group and president and CEO of P&O Ports North America. In his capacity as CEO and Executive Director of the VPA, Stephen will serve as an ex-officio member of the Virginia Economic Development Partnership (VEDP) board of directors.
Logistics Management Group News Editor recently spoke with Doug Waggoner, CEO of Chicago-based Echo Global Logistics about various topics, including: capacity and rates, Peak Season, the election, and logistics technology, among others.
Financially struggling YRC Worldwide, which collectively represents the second-largest group of carriers in the $43 billion less-than-truckload (LTL) sector, will benefit from closings and reduced capacity in the $340 billion full truckload (TL) market, analysts and top YRC officials are telling Logistics Management.
He has served as COO/CFO of several large fashion companies, including Marc Fisher Footwear, Aerogroup International (Aerosoles brand), Kenneth Cole and Iconix Brand Group ( a publicly traded company that was a pioneer of the fashion brand management/licensing business model ). It also frees up capacity on ships, rail, and drayage trucks.
Emerge’s award-winning marketplace provides access to direct capacity and live market conditions helping shippers and carriers make the strongest, most beneficial decisions when procuring domestic freight. Kevin Nolan and the Nolan Transportation Group Story. Will Chu and the Vector Story. Nicole Glenn and the Candor Expedite Story.
Emerge’s award-winning marketplace provides access to direct capacity and live market conditions helping shippers and carriers make the strongest, most beneficial decisions when procuring domestic freight. Kevin Nolan and the Nolan Transportation Group Story. Will Chu and the Vector Story. Nicole Glenn and the Candor Expedite Story.
Shipwell’s innovative architecture delivers actionable, data-driven insights so customers can focus on high priority tasks, identify and resolve transportation issues, and quickly access capacity. Kevin Nolan and the Nolan Transportation Group Story. Learn More About Jason Traff and the Shipwell Story. Jason Traff. Shipwell.com.
The company help connect companies that ship goods and the truck drivers that have capacity to haul those goods. Kevin Nolan and the Nolan Transportation Group Story. MoLo —short for Modern Logistics—is a 3PL with a mission to deliver the best experience in transportation. Will Chu and the Vector Story.
Logistics Management Group News Editor Jeff Berman recently spoke wirth Matt Pyatt, CEO and co-founder of Austin, Texas-based freight brokerage and transportation management services provider Arrive Logistics.
From that initial success, he and his fellow founders created Lamp Post Group in 2010, a venture capital firm and tech-focused incubator in Chattanooga, Tennessee. Our city has a boundless capacity for innovation, transformation, and economic prosperity.
The uptick in rejection now appears to be more of a limit of capacity in certain markets versus carriers hedging their bets on the open load board. Drip, Drip, Drip Speaking of that capacity, there is a reduction happening, albeit a slow drip. As shown in Figure 1.2, As shown in Figure 1.2,
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Ocean peak season’s early arrival together with Red Sea diversions straining capacity and schedules continued to result in worsening congestion, equipment shortages and elevated prices this week.
With demand stable in those months though, carriers still had just enough capacity and equipment to keep the market balanced and rates elevated but level. Judah Levine Head of Research, Freightos Group Judah is an experienced market research manager, using data-driven analytics to deliver market-based insights.
Logistics Management Group News Editor Jeff Berman recently spoke with Doug Waggoner, CEO of Chicago-based Echo Global Logistics about various topics, including: the freight economy, how Peak Season went, and rates and capacity, among others.
Now let’s get to the Supply Chain News: Descartes Acquires Sellercloud Descartes Systems Group, a standout provider in logistics solutions, announced its acquisition of Sellercloud, a US-based provider of omnichannel e-commerce solutions. For example, Ryanair was supposed to get 20 deliveries before the end of December.
This increase may reflect a peak season bump on this lane as Thanksgiving approaches, and that some shippers are opting for sea-air transport from the Far East instead of direct air shipments, possibly to avoid the higher rates and tight capacity out of China due to the e-commerce surge. China – N. And at $4.00/kg,
Many rented extra storage capacity and hired additional trucks and delivery drivers as goods leaving the warehouses came in wave after wave. Libiao’s 3D vertical sorter is a highly flexible solution – its capacity can be easily and quickly increased or decreased simply by adding or taking away robots.
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