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Demo Perez and Joe Lynch discuss Panama: the logistics engine of Latin America. Demo is a Founding Partner and Chief Commercial Officer of IPL Group , a Panama based 3PL that helps companies expand their business into the Latin American market by simplifying order fulfillment and regional distribution.
Dave is the Director of Product Management at Revenova, the industry’s exclusive provider of CRM-powered transportation management systems (TMS) for freight brokers, 3PL/4PLs, carriers and shippers. Serving the industry since 2014, Revenova caters to businesses of all sizes, partnering with leading North American 3PLs.
Every day, there are new disruptions in this industry. We are getting better every day with our operational excellence. The post 7 Reasons Panama is the Latin American Supply Chain Capital with Demo Perez appeared first on The Logistics of Logistics. The product needs to be available to the end customer. [45:08]
Michael is the CMO and Co-founder of Revenova , the industry’s exclusive provider of CRM-powered transportation management systems (TMS) for freight brokers, 3PL/4PLs, carriers and shippers. Serving the industry since 2014, Revenova caters to businesses of all sizes, partnering with leading North American 3PLs.
They explore the strategies for scaling these operations, the challenges of managing cash flow and capital, and the transformative impact of technology in the industry. Sean and Joe analyze the growth opportunities and the essential balance needed between sales and operations for these brokerages to thrive.
Summary: Cash Flow Boost: 3 Way Scheduling for Reducing Holding Costs Velostics offers a comprehensive solution to streamline transportation and logistics operations. The platform’s data-driven insights and yard management capabilities further optimize operations and support informed decision-making.
Ed is Co-founder & CEO at Newtrul , a technology company helping increase efficiencies in the trucking industry with a digital freight-aggregation platform. Ed Stockman is the Co-founder & CEO at Newtrul, a technology company helping increase efficiencies in the trucking industry with a digital freight-aggregation platform.
The podcast delves into the substantial costs of detention, the benefits of benchmarking and scorecarding, and the potential of generative AI in improving logistics operations. Velostics has a proven track record of minimizing manual tasks, errors, delays and demurrage, and increasing operational efficiency and throughput.
Trey and his Co-founder Taha Zinifi started Amplio in Summer 2021 to help solve one of the most critical supply challenges facing the industry. Schedule an Amplio Demo. Prior to co-founding Amplio, Trey led the international logistics capability at Georgia-Pacific, which is the largest U.S. Learn More The Amplio Story.
Connectiv is a live events studio that for the past decade has dedicated itself to creating industry leading gatherings. Our passion and our expertise is owning and operating at scale, vertical-specific conferences. Key Takeaways: Key Takeaways from Manifest . Key Takeaways: Key Takeaways from Manifest .
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.
As customers increasingly demand rapid and reliable delivery, optimizing this final leg of transportation becomes essential for businesses aiming to enhance customer satisfaction and operational efficiency. Data-driven approaches, such as predictive analytics, facilitate real-time adjustments in delivery operations.
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.
His contributions to marketing, HR administration, operations, and sales has helped land Lean Solutions on the INC. Lean Solutions Group and Symtrain have formed a partnership that enables transportation and logistics companies to use industry specific simulation training modules that were developed by the Lean Solutions Group.
10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Original Article: 10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Every industry has dealt with the fallout or repercussions caused by COVID-19 -related disruptions to the supply chain.
Trucking carriers and freight managers have much to keep up with in the shipper and trucking industry. This becomes especially true today during recovery and continued disruptions and deviations in the freight market — two of the industry’s primary goals being a full recovery and adjustment.
Load capacity limits play a crucial part in a supply chain network organization, logistics metrics management, and procurement in the shipping industry. Freight management parties need to understand why procurement falters without technology and how technology can boost sourcing across all industries. Download the White Paper.
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.
While the industry moves toward more cohesive programs to track performance, including profitability per load, the need to boost benchmarking through freight KPIs is absolute. While valuable for advancement, the rest of the equation rests on ensuring that financial and operational performance continues. Request a SONAR Demo.
This week, learn how freight market participants, especially freight carriers, rely on FreightWaves SONAR’s Operating Ratio (OPRAT) index to monitor and understand carrier operating ratios. What is the Operating Ratio (OPRAT) Index? Background on Truckload Carrier Association and freight carriers operating ratios.
Our goal is to make payments faster and simpler for the logistics industry. Using paper can hurt your company’s perception because the industry is undergoing a technology makeover. The technology products in the logistics industry have gotten a lot better over the last few years. We typically get them to see a short demo.
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Some minimal congestion – caused by the three day strike at the beginning of the month – remains at US East Coast and Gulf ports though operations have mostly recovered.
Operational trucking charges and costs are nothing new. They derive from a confluence of factors, including truck industry volatility. While a scorecard of operations, similar to the lane scorecard used by shippers, can help carriers manage their fleets, it still leaves much to be desired. Request a SONAR Demo.
According to a recent update from the World Health Organization (WHO), HMPV is quietly spreading through key manufacturing regions, echoing the operational challenges we faced during the pandemic. HMPV is causing significant disruptions in supply chain operations, particularly in manufacturing hubs across Asia. Whats Happening?
Competition in the pest control industry is notoriously fierce, so scaling your business means more than delivering excellent service; its about optimizing your operations to save time and taking advantage of automation to reduce errors. The result is better experiences for both your customers and your employees.
Operational costs continue to increase for carriers year to year. Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Operating Ratio. Freight data reduces dwell time and load time.
Demand forecasting has more to do with consumer interest in your product, trends in the marketplace, and how these and other factors could affect your future day-to-day operations. Real-time data is centralized and available 24/7 through a single software portal , giving you complete transparency into your fulfillment operations.
In this edition of “SONAR Indices & Insights,” the SONAR team showcases several operational-focused indices to aid asset-lite and asset-based carriers build trucking KPIs that will inform decisions that yield higher profit margins for those who run a trucking business. Operating Ratio (OPRAT). Reefer company fleet – RCF.
T he apparel industry, for instance, is bracing for a prolonged period of low activity. Prolonged shutdowns will have both financial and operational implications, which are often very difficult to predict due to the complexity and far-reaching nature of supply chains. Study 1: Anticipate Best- and Worst-Case Operations Scenarios .
Only WorkWave is able to make this information available to the pest control community because PestPac is the authority and industry leader.”. Only WorkWave is able to make this information available to the pest control community because PestPac is the authority and industry leader.”. Media Contact: Brittany Boyle.
Connectiv is a live events studio that for the past decade has dedicated itself to creating industry leading gatherings. Our passion and our expertise is owning and operating at scale, vertical-specific conferences. Key Takeaways: Key Takeaways from Manifest . Key Takeaways: Key Takeaways from Manifest .
In an era where convenience often dictates consumer choices, delivery services have evolved into a crucial component of business operations. By outsourcing delivery processes, businesses, and delivery professionals can focus on core operations while ensuring efficient and timely delivery to customers.
Third-party logistics, or 3PLs, help outsource business operations such as supply chain and logistics. The worldwide 3PL industry, estimated at roughly $1 trillion in 2020, is predicted to reach $1.75 3PL’s operations, processes, and real-time insights must be created and made available to the customers to achieve that agility.
Running a pest control business involves more than pest eliminationit requires efficient operations, streamlined scheduling and strong customer relationships. When selecting the right software for your pest control business, its essential to consider various factors such as ease of use, scalability and the specific needs of your operation.
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.”
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.
The fourth quarter is the time of year the transportation industry always looks forward to. With tools like SONAR, tracking across all the various modes, it becomes easy to identify when others in the industry are changing strategies. To learn more about how you can utilize SONAR data at your organization, request a demo.
Judah Levine March 12, 2024 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) fell 7% to $4,419/FEU. Asia-US East Coast prices(FBX03 Weekly) fell 8% to $6,107/FEU.
Power disruptions kept the Port of Tampa Bay closed until Monday, while ports in Miami and Jacksonville resumed operations before the end of last week. As long as Red Sea diversions continue to absorb capacity on an industry level, prices may not fall much further than seen back in April.
And there remain significant problems within the industry. One of the biggest challenges facing the industry right now is deadheading. Waste matters in the shipping industry because every instance leads to higher freight costs. More carriers are pursuing ways to measure profitability per load and track operating ratios.
Outsourcing fleet management can provide significant advantages for companies looking to streamline their operations and focus on core business priorities. By outsourcing fleet management, organizations can refocus their internal resources on higher-value tasks, fostering employee growth and enhancing operational productivity.
That’s because cargo ships use an incredible amount of fuel, and the cost of fuel typically represents at least 50% of the expense to operate a ship. When gas prices rise, the per-mile cost of operating trucks goes up. In just the first few months of 2022, fuel prices had more than a $134 billion impact on this industry.
Class 1 railroad to operate at a fuel efficiency rate of less than one gallon of fuel per 1,000 gross ton miles.” That includes onboarding new lanes, expanding into new order fulfillment centers, considering the overall needs of fleet management and recognizing when existing operations fall short. Request a SONAR Demo.
Original article: PODCAST: Modern Courier Delivery Compliance Considerations: Understanding SOX and SOC Compliance Logistics and supply chain are some of the world’s most complex and regulated industries, which has been further compounded by increasing reliance on data and technology in both fields. What Is Data Governance?
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