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Port X Logistics offers a variety of services, including drayage, transloading, trucking, project cargo coordination, and more. Sponsors Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards include presenting sponsors PNC Bank, N.A.; and Canada. SAP America; and the Kauffman Foundation.
Image source: iStocks | The Ultimate Guide to Fleet Management: Strategies to Control and Optimize Your Processes Investing in a fleet management system results in an improvement in internal processes, which directly reflects the quality of the service provided to the end customer. Speak with 3PL Links to maximize your fleets performance!
Prior to founding Cargologik, Miles was employee number three leading sales, and go-to-market strategies for Octopi Terminal Operating System (TOS), the first true SaaS TOS in the industry. 4. Present and obtain quote confirmation to win business and proceed with booking. 5. Share booking details with clients.
Additionally, she shares her strategies for growing her business, the importance of educating people and driving change within the community, and her podcast, LLC Ladies Leadership Coalition, which brings together women in the transportation and logistics industry.
Cargo theft and fraud is a common topic in many circles these days. In fact, CargoNet recently shared data showcasing that cargo theft has reached a 10-year high, increasing 59 percent year-over-year (YoY) in the U.S. There’s simply a lot of confusion and unknowns when it comes to cargo theft in general.
Market Review: Past, Present and Future. The past, present and future market forces causing today’s extreme truck capacity shortage include: Strong Economy. Most shippers and supply chain executives have already experienced effects of the shortage in their business and are now seeking long-term strategies for capacity.
However, the main question for the shipping industry has always been locating less-challenging places to ship cargo from. The first solution was to re-route some of the cargo to Seattle and Oakland, which port authorities were confident that they could take the load off and regulate the cargo flow.
The alarming rise in cargo theft across the United States is becoming a significant concern for businesses, logistics providers, and consumers alike. Understanding the Reasons Behind the Surge Economic Pressures Inflation and supply chain disruptions have inadvertently presented an attractive opportunity for thieves.
From early 2020 to mid-2022, digitization among airlines grew from 9% to 35% of global cargo capacity, reaching 50% by 2023. As an exec in the logistics technology industry, this evolution presents an exciting array of opportunities. He’s proven go-to-market and growth leadership across industries.
Develop a comprehensive truckload strategy so you’re prepared to handle just about anything. Building the right truckload strategy for your business. The key to a great truckload strategy is aligning capacity communities with attribute segments of your freight portfolio. Select the perfect 3PL to augment your truckload strategy.
What’s Holding Back Customer-Centric Air Cargo? . As the cream of air cargo’s innovators held turns on the floor, this question came up time and again. The industry’s mindset is holding customer-centric air cargo back. That was my big take from Elevate , presented by Air Cargo World earlier this month.
Cargo is, by far, healthier than the passenger markets but doing business remains exceptionally challenging. Asia-Pacific airlines saw demand for international air cargo fall by 20% in June 2020 compared to the same period a year earlier. North American carriers reported a single digit fall in international cargo demand of 8.8%
The Problem: Full Truckload Carries Less Risk, So Shippers Forgo Cargo Insurance Risk exists in all transportation modes, and failure to consider risk in full truckload shipping is a poor strategy that will result in loses. This includes purchasing freight or cargo insurance. This includes purchasing freight or cargo insurance.
As cargo-partner is celebrating its 40th anniversary, company owner and founder Stefan Krauter has decided to sell the Austrian global logistics firm to Japanese stock-listed Nippon Express Holdings, the parent company of Nippon Express, APC, Franco Vago and others. billion euro in 2021, and further increased to 2.06 billion euro in 2022.
The net present value of the future income the vessel will earn is used to calculate the vessel’s value. Since $1 million ten years later and $1 million now will not reflect the same value, the return in question must be determined by calculating the cash flow into the future or the present. This approach is past-oriented.
So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services. The Post-2016 Strategy: End-to-end Shipping. Today, 75 to 80% of cargo arrives on time. And that line is already being crossed.
At this year’s German Logistics Congress, Günther Jocher, Managing Director of GROUP7, presented his company’s 5-point strategy. The first point of the strategy is to quickly adapt to the changed needs of the market. “We The final point of the GROUP7 strategy is to use the pandemic as a driver of the digitalization.
LCL cargo shipping, on the other hand, shares the space with other shippers and is usually booked by a freight forwarder that arranges the FCL by “consoling” various shipments and ensuring that they reach their final destinations (i.e., Put simply, you won’t need a whole lot of cargo in a container to make it pay for itself.
The unprecedented cargo logjams off the southern California coast wreaking havoc on supply chains show no signs of waning. Carrier capacity management strategies ease the crunch. Proactive shippers have used multi-carrier parcel shipping technologies and strategies to navigate rising carrier costs for years.
Source: Cranfield University Richard Wilding OBE, Professor of Supply Chain Strategy at the UK’s Cranfield University, comments on the latest challenges Covid-19 presents the supply… The post Covid-19: The disruption continues for supply chains – AIR CARGO WEEK appeared first on 24/7 Customs Broker News.
The evolution of cargo tracking from traditional methods to sophisticated digital tools marks a significant leap in how logistics companies manage and monitor shipments. Today, real-time updates have become a cornerstone of modern cargo tracking, offering unprecedented visibility and control over the shipping process.
Every inch of space available in delivery vans, trucks, semis and cargo crates is valuable. As the amount of cargo that needs to be transported increases, the room becomes more valuable. That gave rise to a new time pricing strategy, dimension (DIM) pricing. . Those were the roots of LTL shipping rates. Request a SONAR Demo.
Piles of euro type cargo pallets at a recycling business area. We have identified nine strategies that might be of use regardless of whether you are a DIY builder or someone concerned about their supply chain. The first strategy involves using reclaimed lumber. The second strategy involves using wooden pallets.
Toxic gases produced by some cargoes as well as leakages, residual fumigants and other causes of a reduced oxygen environment are the chief problems, with 60% of fatalities suffered by would be rescuers. A lack of understanding of the danger present may have fatal consequences. Any rescue operations are therefore time critical.
Right now, cargo is king and leading routing decisions for most airlines. With this in mind, there are three tactics that you can bring into your shipping strategy to navigate the current capacity constraints in the air market. . Depending on your goals, the end strategy will look different. Flex your creative muscles.
The international inbound transportation service is only available to Walmart Fulfillment Services (WFS) sellers that source or manufacture goods in China, and all cargo must be shipped from Yantian, Shanghai, or Ningbo ports. Cargo imported into the U.S. are then directly transported to a Walmart fulfillment center.
The negotiations are in line with the CMA CGM Group’s long-term strategy, based on the two pillars of shipping and logistics. The Group’s strategy is to offer end-to-end solutions in support of its customer’s supply chain needs. If a deal is reached, the acquisition would further strengthen the CMA CGM Group logistics activities.
However, 2023 presents a unique scenario. These factors have intensified conditions in the US, leading to reduced spending patterns and, consequently, lower cargo shipment volumes. Strategies for Peak Season Preparation During a typical peak season, the demand for freight capacity surpasses supply. Decide Early!
It includes quick port clearances, priority cargo handling, and efficient procedures at both the origin and destination ports. Wrapping It Up The shipping method you choose as an importer from Asia plays a pivotal role in your supply chain strategy. Let’s dive in. Why Choose Expedited Over Standard Shipping?
digitally transform the business and its strategy. The shipper booked the cargo using a Freight Forwarder who issued the shipper with Original House Bills which were deposited with the finance company as security by the shipper. Nail Polish : day to day product present in almost all households and should be harmless for shipment.
The Panama Canal’s Present Challenge The Panama Canal handles 3% of global maritime volumes and 46% of volumes from North East Asia to the US East Coast. Carriers such as Maersk have been announcing mitigation strategies and avoiding the canal instead of using a “land bridge.”
For example, reliability for ferrying and picking up cargo on time is standing at as low as 5%. This ought to be an active strategy that relies on information flows from the sector. We have already seen this strategy in action when delays were reported at Los Angeles. It is important to base any strategy on information.
This allows shippers to tailor logistics strategies to the specific needs of the chemical industry. Logistics Challenges Facing Chemical Companies Navigating the complex landscape of freight transportation presents considerable challenges for chemical companies.
The cargo division of Abu Dhabi-based Etihad Airlines, Etihad Cargo , recently reached a significant milestone in the region by becoming the Middle East’s first ever cargo carrier to be awarded the IATA Centre of Excellence for Independent Validators (CEIV) certification in Pharma Logistics. Etihad Airport Services LLC.
Some companies have taken extreme measures such as chartering private cargo ships to sail around port delays. For those who are building their careers in the discipline of Supply Chain Design and Modeling, the current disruptions present an opportunity to showcase the difference they can make and rise to the occasion.
Oceaneering International has launched a new business, OceanSMART Cargo Logistics and Maritime Technology, which aims to eliminate waste and increase transparency within the bulk commodity cargo logistics industry. These cargoes include oil and gas, agricultural, and mineral products.
The International Air Cargo Association (TIACA) who represent all segments of the air freight supply chain have recently announced they have created a new working group to devise and launch a new Sustainability Program for the air cargo industry. “All this can only be done in synergetic collaboration with all industry players.
Konecranes will present its line of Light Range Forklift Trucks for handling precast concrete products at The Precast Show 2015 held March 5–7 at the Orange County Convention Center in Orlando, FL. So, for us, it is a win-win: featuring great manufacturing innovations as well as helpful information those interested in logistics!
The Nordic-based logistics forwarder Scan Global Logistics (SGL) has purchased Horizon International Cargo Limited , a traditional air and ocean forwarder headquartered in the UK. Nigel Davies, Horizon International Cargo’s Chairman, comments: “From the outset, the cultural fit between our two companies was very evident.
However, interestingly enough, in today’s global freight environment, shipping from China to Los Angeles by ocean freight and following that up with air cargo shipments to Europe may actually be a more viable route. In other words, ocean cargo costs would cost about $0.21/kilogram kilogram to Europe. Total blended cost?
Dubai-based Emirates Airlines Freight Division, Emirates SkyCargo was recently awarded the prestigious honor of Cargo Airline of the Year at the Global Freight Awards ceremony organised by the renowned freight publication, Lloyd’s Loading List. This award was presented at the Transportes e Negocios event held in Portugal.
Gaining insight into FreightWaves SONAR emissions data presents multiple benefits for businesses. Understanding emissions data allows optimal planning and strategies for shipment execution, which in turn provides solutions to wasted cargo space and provides the most efficient transportation mode for the job.
Toyota Material Handling Europe and Toyota Europe Design Development have presented the winners of this year’s Toyota Logistic Design Competition. At this edition, ED² identified the high-potential idea of E-Cargo Bike, designed by Marius Cramer, from Umeå Institute of Design, Sweden. CLICK HERE to see the winning design work.
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