Tue.Jun 20, 2023

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Digital Freight Benefits for Shippers and Carriers

MercuryGate

The freight industry faces a volatile balance of customer demand and transportation capacity. Both demand and capacity can shift quickly and be impacted by many factors outside the freight industry’s control. It’s important to have a strategy to create predictability and stability out of this volatility, and digital freight solutions can help. The post Digital Freight Benefits for Shippers and Carriers appeared first on MercuryGate International.

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Amware Fulfillment Named to Georgia’s “Fast 40” List of the State’s Fastest Growing Companies

Amware Logistics and Fulfillment

The Atlanta Chapter of the Association for Corporate Growth® (ACG) just named Lawrenceville, Georgia-based Amware Fulfillment as one of Georgia’s fastest growing companies. Members of the Fast 40 list lead the pack in the state in terms of revenue and employee growth over the last 3 years.

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Expanding Business In A Slow Economy

Blue Grace Logistics

Expanding Business In A Slow Economy Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - June 20, 2023 Logistics Firms Forced to Adjust Post-COVID Dan Ronan, Sr. Reprter | Transport Topics June 20, 2023 Now is the time for carriers to position their operations for a long-term balanced marketplace, as declining freight volumes in the post-COVID era signal a return to more normalized demand, logistics experts said.

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Watch: How 'Tribal' Behavior Sabotages Digital Transformation

Supply Chain Brain

The majority of digital transformation initiatives for the supply chain fail because businesses engage in "tribal" behavior, according to a new book by Klaus Imping and Michael Ciatto.

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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15 ways to eliminate trucking's 'parasitic costs' and build value

Overdrive Online

Negative press when it comes to economic conditions can easily overwhelm and discourage hope for success, sapping owner-operators' energy away from critical tasks. Here's a bevy of savings, income opportunities you may be missing in the process.

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Report finds healing supply chain has been expensive

Commercial Carrier Journal

Road freight, the largest chunk of logistics spending, saw little change in overall volume last year but capacity increased sharply and sent rates sliding.

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Global Chip Race Touches Off Spending Spree, Led by Intel’s $50-Billion Campaign

Supply Chain Brain

Combined, the U.S., EU, Japan and India have committed more than $100 billion in subsidies to attract the likes of Intel, Taiwan Semiconductor Manufacturing and Micron.

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3 Common Logistics Outsourcing Mistakes

Logistics Bureau

I’ve seen these mistakes from organizations more recently than in the past. I have been helping people for over 30 years, it’s concerning to see these errors occurring more frequently quite often now. What exactly are these mistakes and how can you avoid them? To get all the answers, make sure to watch the full video to enhance your knowledge and improve your strategies!

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Kinaxis Unveils New Supply Chain Innovations

Supply Chain Brain

Kinaxis highlighted four new product innovations during the first day of its annual customer community conference, Kinexions, which began on June 20.

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Artificial Intelligence and the Transportation Industry

Artificial intelligence has quickly become a feature of everyday life: Using face ID to unlock a phone, communicating with online chatbots, and letting “smart” appliances help manage our homes are just a few of the ways that we interact with AI regularly. Forward-looking businesses are also using AI to transform their operations and gain a competitive edge.

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IFOY Test Report: Sentics ORTLS

Logistics Business Magazine

With just a few days to go before the IFOY Award winners are announced in a glittering ceremony in Dortmund on June 22nd, we look at the optical real time locating system (ORTLS) from Sentics GmbH. The start-up Sentics has developed and launched the first optical, AI-based real-time location system for industrial applications. The complementary software products significantly increase safety and efficiency in intralogistics.

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U.S. Business Logistics Costs Reach All-Time High

Supply Chain Brain

U.S. business logistics costs grew by 19.6% year-on-year in 2022 after coming in at $1.937 trillion in 2021, according to CSCMP's annual State of Logistics Report.

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IFOY Test Report: STILL EXH 16

Logistics Business Magazine

Ahead of this Thursday’s IFOY Award winner announcement in Dortmund, we turn our attention to the STILL EXH 16 pallet truck. The EXH 14-20 Plus series consists of hand-guided low lift pallet trucks as well as derivative products with additional lift for order picking applications and comes with a unique tiller head with integrated display in two versions.

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World’s Top Dairy Maker Plans Chicago Expansion After $3.2bn Kraft Deal

Supply Chain Brain

The family-owned company plans to hire almost 100 people at its Chicago offices over the next 12 months, according to Peter Cotter, CEO of Lactalis Heritage Dairy.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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Retail Supply Chain Prioritising Sustainability

Logistics Business Magazine

New research from DHL Supply Chain and The Retail Hive reveals that retail supply chain leaders are facing challenges when it comes to understanding and achieving improved sustainability practices in the supply chain. The in-depth, qualitative research was conducted by The Retail Hive and included one to one interviews, as well as survey-based research with 58 retail supply chain leaders.

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Semiconductor Unpredictability: Prescriptive Advice for Business

Supply Chain Brain

When the next super cycle hits, the basic problems of the global supply chain will not be resolved, and most likely the market will lag for several more years.

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Clark Expands Sales Network in Spain

Logistics Business Magazine

With Grupo NC/Ontieleva, Clark has brought a new contract partner for Spain on board. Ontieleva is taking over the sales activities for Clark Europe in the province of Valencia. With this strategic step, Clark wants to further expand its sales activities on the Spanish market. Grupo NC/Ontieleva, founded in 1995 with its headquarters in Ontinyent and a branch in Beniparrell near Valencia, specialises in the sale, rental, maintenance, and repair of materials handling vehicles.

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Saudi Arabia’s PIF Leads Bidding for $2.5bn Vale Base Metals Stake

Supply Chain Brain

Saudi Arabia's Public Investment Fund is reportedly in advanced discussions over a deal for a roughly 10% holding in Vale SA's base metals unit.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Clad-rack Warehouse for Hardware Company

Logistics Business Magazine

The hundred-year-old hardware products company EHLIS recently celebrated the launch of its new logistics centre in Illescas (Spain), where AR Racking has played a leading role with the installation of an automated clad-rack warehouse and an adjustable pallet racking warehouse. It is a logistics platform that required an investment of 30-35 million euros, and which will complement the one that the hardware leader has in Barcelona.

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Hyundai Raises 2030 Electric-Vehicle Sales Goal to 2M

Supply Chain Brain

Hyundai also plans to spend about $85 billion to boost production and make progress in areas such as hydrogen cars, EV batteries and software for future mobility.

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State of Logistics Report Released: 3PLs Continue to Foster Resilience and Drive Investments in Supply Chain

Penske Move Ahead

Global volatility has continued to disrupt supply chains, and flexibility, efficiency and resilience are vital for companies throughout the logistics sector. Third-party logistics providers have played increasingly significant roles with shippers, providing data management, visibility and analytics that are helping to transform supply chain networks.

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Eden Green is Set on Fixing America’s Produce Sourcing Problem

Supply Chain Brain

Nine times out of ten, people on the East Coast are eating lettuce that has traveled more than 3,000 miles, a problem Eden Green is trying to fix.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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IFOY Test Report: Raymond 8910 End Rider Pallet Truck

Logistics Business Magazine

It’s time to put the Raymond 8910 End Rider Pallet Truck under the spotlight as we continue our run-through of all the IFOY Award finalists ahead of the announcement ceremony in Dortmund on June 22nd. The next-generation Raymond 8910 end rider pallet truck is ideal for heavy-duty and high-throughput applications. This comfortable pallet truck features intuitive, easy-to-use controls and enhanced ergonomics, especially for long hauls.

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How to De-Carbonize Freight Transport via Repeatable and Scalable Actions

Supply Chain Brain

Shippers looking to lead the transition to electrification can begin investing in the required assets and infrastructure today.

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Expedited Shipping: The Freight You Need Faster

Trinity Logistics

Freight is always on the move, every single day, seven days a week, 24/7. There are different types of ways to move freight, whether it’s shipping international, drayage, truckload, or intermodal, all have different paths to the same destination. But what about those last-minute shipments or freight that has a quick turnaround? Throughout this article we will discuss: The basics The difference between this and standard shipping The importance and benefits of shipping freight expedited The

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Italy Blocks Sinochem from Extending Its Control of Tire Maker Pirelli

Supply Chain Brain

Sinochem is Pirelli's biggest shareholder with a 37% stake in the company and control of 60% of the seats on the organization's board.

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How to Conduct Workplace Incident Investigations to Create Safer Workplaces

This white paper provides a comprehensive overview of global workplace incident trends, focusing on the top three biases leading to such incidents. It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.

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Expedited Shipping: The Freight You Need Faster

Trinity Logistics

Freight is always on the move, every single day, seven days a week, 24/7. There are different types of ways to move freight, whether it’s shipping international, drayage, truckload, or intermodal, all have different paths to the same destination. But what about those last-minute shipments or freight that has a quick turnaround? Throughout this article we will discuss: The basics The difference between this and standard shipping The importance and benefits of shipping freight expedited The

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Increasing Business Efficiency With Sales Tax Automation

Supply Chain Brain

By automating tax compliance, companies can cut costs and processing time, protect themselves against fines and penalties resulting from audits, and create a better customer experience.

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Amazon, Hilton and Pepsi to Hire Thousands of Refugees in Europe

Supply Chain Brain

The firm said most of the new roles for refugees would be in areas such as fulfilment and distribution.