This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
For example, PUMA , the fastest sports brand in the world, first used Rate Refresh in July and has seen significant improvements in efficiency, speed, and quality of the complete rate management on a global scale.
Fast forward a year, and SVT Robotics sponsored a product demo session with Promat DX. I found the recorded demo to be informative and hope to get a deeper briefing from SVT in the near future. Here is a link to the demo URL on the Promat page SVT Robotics Softbot Demo. SOFTBOT Platform Demonstration. Final Word.
According to a survey by ARC Advisory Group, only 10% of industrial companies are ready to apply artificial intelligence/machine learning. The percentage of industrial companies broadly applying agentic AI and generative AI would be a small fraction of that number. ARC has been actively studying industrial AI for over two years.
In this article, we will explore these last-mile delivery optimization strategies and the role of route optimization software as we look ahead to industry trends shaping the future of delivery in 2025. GET A FREE DEMO The Role of Data Analytics Data analytics plays a vital role in last-mile delivery route optimization.
Our goal is to make payments faster and simpler for the logistics industry. It’s a slower workflow because, for example, you might have to hand write things. Using paper can hurt your company’s perception because the industry is undergoing a technology makeover. We typically get them to see a short demo. RoadSync: [link].
For example, commercial pest control operators benefit from centralized data management and scheduling tools, transforming everyday operations into more scalable and compliant processes. For example, pest control reporting tools allow managers to adjust team scheduling and allocate resources to areas requiring immediate attention.
AIMMS formed a partnership with CAT Squared and UniSoma to help companies in the food industry tackle these challenges. Besides planning challenges inherent in complex supply chains like those in the food industry, a lot of companies have problems with lack of centralized planning. You also see a lot of internal competition.
Industry players have already begun experimenting with technologies like robotics and artificial intelligence. While automation in the supply chain is still in an early-adoption phase, the impact that it could have on the industry is significant. Don’t worry– in this case, it will be highly beneficial for the industry.
Ian Arroyo April 29, 2025 Blog As Freightos’ Chief Strategy Officer, I’ve had the privilege of witnessing firsthand how the logistics industry has transformed since COVID-19 disrupted supply chains worldwide. This approach is vital as the industry continues its digital evolution.
T he apparel industry, for instance, is bracing for a prolonged period of low activity. The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . Demo in Network Design Navigator . Understand Exposure . We’re here for you.
As early as 2018, a Neilsen study found that fresh foods were “the primary driver of growth in retail stores, accounting for 49% of all dollar sales growth in the fast-moving consumer goods industry. As one industry insider put it, “The supply chain absolutely stretched to the limits — broken, in many cases.”
Judah Levine November 21, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 8% to $1,573/FEU. Asia-US East Coast prices (FBX03 Weekly) decreased 2% to $2,383/FEU.
Less-than-truckload shipping, also known as LTL shipping, is nothing new within the transportation and shipping industry, but it has become more of a game-changer in recent years with freight rate prediction. In this example, the shipping rate would be based on the DIM pricing weight of eight pounds. Request a SONAR Demo.
Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Freight news travels faster than cargo Get industry-leading insights in your inbox.
Here, you’ll provide background information on the industry, your business’s legal structure and your unique value proposition. This section should be an in-depth exploration of the delivery and transportation industry. It’s important to include: Market Size : How big is the market in your area or industry? through 2027.
For example Atlanta’s OTMS value is 4% and outbound rejections increased from 3% to 5% over the past seven days. For example, if there is a darker red shading, you can expect that the shipping rates for space in a truck will also elevate on a cost per mile basis. Sign up for a demo here or by clicking the button below. .
In today’s digital age, small businesses in the delivery and home service industries need an active online presence to remain competitive. Educational Tips Share helpful tips related to your industry. For example, post educational tips on Mondays, customer testimonials on Wednesdays and service spotlights on Fridays.
As an example, World Finance reported that Bryan Trucker, Vice President of Corporate Communications at CSX, stated , “CSX became the first U.S. That’s where FreightWaves SONAR and SCI’s Lane Acuity can add value by helping organizations learn from the collective data-consciousness of the industry. Request a SONAR Demo.
Whitepaper A Roadmap to Electrifying Logistics with Community Charging Hubs Get the Whitepaper For example, companies utilizing electric fleets can discuss charging strategies with their providers to ensure that EV integration does not disrupt delivery schedules.
That is a huge success story for the air cargo industry and as promised it has brought significant efficiencies. For example, some carriers shared with us their APIs for contract rates, others for spot rates, some for rates but not ebooking, others share APIs via third parties who charge an exorbitant price for accessing the API.
Judah Levine December 6, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $1,620/FEU. Asia-US East Coast prices (FBX03 Weekly) were also level at $2,367/FEU.
Take this example reported by Richard Davis in Supply & Demand Chain Executive , “It’s 7:00 p.m., While that’s an example of a particular warehouse, it has a natural implication for carriers. Consider the following example. Get started by requesting a FreightWaves SONAR demo or clicking the button below.
As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success. For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management.
And when we feel uncertain, humans tend to look for examples of what others in our situation have done. We’ll give you some examples of social proof, and we’ll even rank them in terms of trustworthiness. In the service industry, such as here at ShipMonk, potential clients are making a much larger decision than a new pair of jeans.
AIMMS formed a partnership with CAT Squared and UniSoma to help companies in the food industry tackle these challenges. Besides planning challenges inherent in complex supply chains like those in the food industry, a lot of companies have problems with lack of centralized planning. You also see a lot of internal competition.
And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry. Obviously, that’s only one example, but it shows the value of insight and using data that’s available now. . Request a SONAR Demo.
For example, consider the following benefits of blockchain in the supply chain : Traceability allows for the corruption-proof means of tracking goods, raw materials or shipments in real-time. To learn more about how you could benefit from adding blockchain to your organization, request a demo of our Track and Trace platform today!
Since transportation is literally a fuel-consuming industry, knowing the fuel changes and trends will go a long way to improve trucking profitability. As an example, freight trucking companies should also track a few granular fuel factors, including: Forecasted Overnight Change in ULSD Rack Price (FULSDO). Request a SONAR Demo.
See an example of how you can connect old machines to the IIoT using the HARTING MICA®. The HARTING MICA® allows an easy way to connect to a wide range of “Things” in the Industrial Internet of Things: machine tools, manufacturing processes, RFID readers, sensors, smart infrastructure, and much more.
See an example of how you can connect old machines to the IIoT using the HARTING MICA®. The HARTING MICA® allows an easy way to connect to a wide range of “Things” in the Industrial Internet of Things: machine tools, manufacturing processes, RFID readers, sensors, smart infrastructure, and much more.
The trucking industry moves more than 70% of America’s freight, and gross freight revenues from trucking exceeded $726.4 Blockchain will also increase accountability in the trucking industry. For example, according to Geotab.com , this has an additional implication for tracking detention time and pay.
Global congestion is estimated to be tying up about 7% of total capacity with the worst example currently in Singapore , where diversions have resulted in increased transhipment volumes for Middle East and Red Sea destinations or from intra-Asia containers as carriers omit other port calls to try and recover schedules.
The freight brokerage industry has traditionally focused its attention on the training and development of its customer sales staff. Shippers will not be willing to accept a lack of trucking capacity or last-minute price changes in an industry that is becoming more transparent. Photo: Jim Allen/FreightWaves at Edge Logistics.
The best examples of shippers of choice provide services along several trucking routes. Since automation reduces the risk of error, carriers can rest assured that preferred shippers follow industry-leading best practices, including freight management analytics , to hasten management decisions. Request a SONAR Demo.
A clear vision for how the market and the fleet can work in unison is at the heart of fleet management within the trucking industry. Start by tapping the industry-leading freight data powerhouse of FreightWaves SONAR. Request a FreightWaves SONAR demo by clicking the button below. . Request a SONAR Demo.
Unfortunately, disruption and market volatility – sudden changes within the industry – will often have a dramatic effect on the spot market. Freight management remains an industry in which balance reigns supreme. As the industry moves past the anniversary of the initial U.S. Request a SONAR Demo. trucking market.
Some companies are even hopping on the “blockchain bandwagon” without considering whether it’s actually useful in their industry. In the shipping and logistics industry, enterprises are already beginning to realize that private blockchains are simply not the solution they’ve been sold. EDI is prevalent in the industry today. .
For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space. For example, market conditions show shippers’ rate trajectories. Transportation only provides a partial picture of an industry. The most relevant example of this need for added complexity is the pharmaceutical industry.
However, the industry is always slow to adopt new software, so not much has changed among many carriers. As a few examples, these are four critical KPIs to focus on: Owner-operator to driver ratio – A lower ratio here means more opportunities for in-house drivers who bring more affordable rates. . Request a SONAR Demo.
According to Supply Chain Dive , “The number of supply chain professionals who say they’re currently using predictive analytics at their company has grown 76% from 2017 to 2019, according to a Supply Chain Dive analysis of the annual MHI Industry Report.” Request a SONAR Demo. What is supply chain predictive analytics.
During times of disruption and recovery, as seen now in the transportation industry, keeping up with the changing pace is essential. However, the data [that powers them] hasn’t previously been utilized to its full capacity until recently.” Take the example of RCRPMF.USA in the image. Request a SONAR SCI Demo. the year prior.
I am a supply chain management industry analyst, so that will be a primary focus of this article. OTM is a very mature application, for example. Oracle is moving from depth in an application, like transportation management, to adding industry specific functionality. The demo focused on manufacturing execution.
Measures such as amount of product to be reclaimed and resold as is, or percentage of material recycled, are examples of such metrics. Reverse logistics system practices vary based on industry and channel position. Schedule a demo today ! And the nerve center of any such operation is the warehouse.
Some West Mediterranean ports , for example, are now being used as transshipment hubs for East Mediterranean-bound containers, leading to some congestion there, and terminals in Colombo, Sri Lanka are also facing some backlogs as volumes have increased there for transhipment to the Middle East.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content