Tue.Apr 16, 2024

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April 16, 2024 Update

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. More Resources Home April 16, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

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Ice Pick Bandit strikes again: Will feds step up investigation?

Overdrive Online

After yet another truck gets its tires stabbed up and some air lines cut, we asked law enforcement what exactly is being done to stop this criminal (or criminals). Though silence can be deafening, officials should be motivated to act. Here's why.

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ERP Resellers: 4 Factors to Consider When Evaluating Vendors

SYSPRO Smarter ERP

Choosing an ERP Vendor Partner: Key Considerations for Success with SYSPRO As a software reseller or system integrator, your success is intrinsically tied to the solutions and company you choose to represent. Your future growth and your bottom line are directly impacted by the tangibles—and intangibles—a software vendor can offer, so the selection of a partner is critical.

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Driving Tech Adoption for Supply Chain Visibility and Sustainability

Supply Chain Brain

As the backbone of global trade and commerce, transportation and logistics companies are under increasing pressure to enhance efficiency, reduce costs and meet sustainability goals.

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Rethinking warehouse work culture: Can automation create better workplaces?

Heico Sandee, CEO of Smart Robotics, explores how automation redefines warehouse culture. By shifting repetitive tasks to skill-based roles, automation improves safety, fosters collaboration, and makes warehousing more appealing to today’s workforce.

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How to Protect Your Customers & Brand from Ecommerce Fraud

Ship Monk

Ecommerce fraud is big business for cyber criminals, and a big problem for ecommerce businesses. In 2023 alone, ecommerce fraud (a.k.a. payment fraud) cost online merchants an estimated $38 billion in losses — a figure that doesn’t include the negative effects on customer loyalty and the brand’s reputation. The good news is that fraud management tactics and tools are making it easier to prevent, catch, and combat ecommerce fraud.

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More Trending

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ChargePilot Will Manage CTtransit Electric Buses at Three Connecticut Sites

NGT News

Connecticut public transit provider CTtransit has selected The Mobility House to manage the charging of its electric buses at three sites statewide. ChargePilot will avoid peak TOU (time of use) rates by automatically choosing the lowest cost time to charge while ensuring availability for scheduled departures — minimizing the overall costs of charging its fleets. […] The post ChargePilot Will Manage CTtransit Electric Buses at Three Connecticut Sites appeared first on NGT News.

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April 2024 Freight Market Update

Trinity Logistics

Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. FRANCIS SCOTT KEY BRIDGE IMPACT Watching the video of the bridge collapse was surreal. To have that structure there one minute, then five seconds later be completely gone, was jaw-dropping. Certainly, our thoughts and prayers are with those whose lives were impacted by the collapse.

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First Student’s Electric Buses Log 3 Million Miles

NGT News

First Student, a leading provider of school transportation in North America, has officially surpassed 3 million miles driven on electric school buses. The latest milestone comes just eight months after First Student crossed the two-million-mile mark, representing another major achievement for the company’s electric school bus fleet and a sign of increased adoption of zero-emission […] The post First Student’s Electric Buses Log 3 Million Miles appeared first on NGT News.

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What it takes to advocate for legal abuse reform

Commercial Carrier Journal

As the surge in nuclear jury verdicts intensifies, a few states are having success in ramming through tort reform aimed at curbing 'jackpot justice.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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First Electric Vehicles Join MTA’s Paratransit Fleet

NGT News

New York City’s Metropolitan Transportation Authority (MTA) has unveiled the first electric vehicles to join the Access-A-Ride paratransit fleet. The pilot, which includes 15 electric vans and costs approximately $3 million, has begun making trips throughout the five city boroughs. “Just in time for Earth Day, Paratransit is getting greener in another example of our […] The post First Electric Vehicles Join MTA’s Paratransit Fleet appeared first on NGT News.

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Number of Boeing Workers Reporting Safety Concerns Skyrockets in 2024

Supply Chain Brain

Boeing vice president Lisa Fahl says that the number of workers using the company's service to report safety concerns has risen by 500%.

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How Transportation and Logistics Companies like UPS Stay Ahead with Dynamic Transportation Management Software

Loginext

UPS harnesses advanced transportation management software to streamline operations and stay competitive in the global market. This technology reduces costs, enhances operational visibility, and improves customer service, setting new standards for logistics excellence. By continually optimizing their supply chain management, UPS not only meets but exceeds customer expectations, ensuring efficient and reliable delivery across over 200 countries and territories, solidifying their position as a lead

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Earth Breeze Selects Stord Order Management System (OMS) to Manage and Optimize Operations Amid Accelerated Growth

Stord

ATLANTA, April 16, 2024— Earth Breeze —the leader in the rapidly-growing, revolutionary laundry detergent sheet category—selects Stord One Commerce —the order and inventory management software (OMS) that helps brands orchestrate, connect, and optimize their supply chains—to power operations at scale. After experiencing several years of hypergrowth, Earth Breeze sought software that could automate its increasingly complex operations process and centralize its supply chain visibility.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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Nissan Looks to Tesla’s Style of Carmaking to Build Cheaper EVs

Supply Chain Brain

The carmaker will use machines with about 6,000 tons of force to make the rear floors of EVs to be sold from fiscal 2027 onward.

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22 Years Strong – Trinity Logistics Makes Top Freight Brokerage List Again

Trinity Logistics

Trinity Logistics, a leading third-party logistics provider (3PL), is proud to share its recognition by Transport Topics as a Top Freight Brokerage for the 22 nd consecutive year. Securing the 23rd spot in the rankings, Trinity continues to demonstrate its industry-leading expertise and unwavering commitment to excellent service. Transport Topics is a leading publication within the transportation sector and conducts annual rankings of freight brokerage firms based on gross revenue and services

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How AI Helps Procurement Professionals Advance Their Organizations

Supply Chain Brain

In addressing the headcount gap, artificial intelligence is more than a tool. It’s a force multiplier for procurement professionals.

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Achieving Supply Chain Sustainability Success

MercuryGate

The journey toward greener supply is not without its challenges. The path forward may seem unclear, complex, and even insurmountable at times, but even the smallest of changes can make a difference. The post Achieving Supply Chain Sustainability Success appeared first on MercuryGate International.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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Samsung to Get $6.5B in Federal Funds to Build Semiconductor Plants in Texas

Supply Chain Brain

Samsung will get $6.5 billion in federal funds, while the company will invest $40 billion of its own into the project.

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UKREiiF Leeds

Logistics Business Magazine

With Tickets sales at record levels, UKREiiF Leeds – UK Real Estate and Investment and Infrastructure Forum – have announced that all ticket discounts will end this Friday night, April 19th. Since its inception in 2022, the Leeds event is now the UK’s most popular Real Estate and Property Investment forum with ticket sales for 2024 predicted to go well above 10 000 attendees.

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New 'eRegs' Tool Gives Drivers Digital Access to FMCS Safety Regulations

Supply Chain Brain

The web and mobile app gives drivers the ability to read and annotate the FMCSRs, as well as highlight and bookmark specific sections.

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Want more large-format lithium battery packaging options? We’ve got good news. 

LabelMaster

Large-format lithium batteries power our world—from electric vehicles and energy storage systems to industrial robots and even aircraft. But with great power comes great responsibility, especially when it comes to safe and compliant transportation. That’s why Labelmaster’s DGeo packaging division has partnered with Action Wood 360 to offer easy-to-use collapsible wooden crates for large-format battery.

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How to Drive Cost Savings, Efficiency Gains, and Sustainability Wins with MES

Speaker: Nikhil Joshi, Founder & President of Snic Solutions

Is your manufacturing operation reaching its efficiency potential? A Manufacturing Execution System (MES) could be the game-changer, helping you reduce waste, cut costs, and lower your carbon footprint. Join Nikhil Joshi, Founder & President of Snic Solutions, in this value-packed webinar as he breaks down how MES can drive operational excellence and sustainability.

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How Brokers Optimize Their Network With Market Dashboard Plus

FreightWaves SONAR

Throughout the past two years, brokers have struggled to find external opportunities in spot bidding or RFP environments. When the market is loose as it has been since early 2023, brokers have had to secure rates at break-even or below cost levels in order to win new business, making it hard to scale or achieve their margin or revenue goals in 2024.

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Wrightbus Places Orders for 70 Hydrogen Fuel Cell Engines from Ballard

NGT News

Ballard Power Systems has received multiple purchase orders totaling 70 FCmove-HD hydrogen fuel cell engines from its customer Wrightbus, a United Kingdom-based bus manufacturer deploying hydrogen-powered buses in the UK and Europe. Ballard expects delivery of the fuel cell engines to occur in 2024, and the buses should enter into service in 2025. The hydrogen […] The post Wrightbus Places Orders for 70 Hydrogen Fuel Cell Engines from Ballard appeared first on NGT News.

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Freight Market Data Sources

FreightWaves SONAR

(Graphics created by Emily Ricks) There are ample opportunities to take advantage of spot versus contract freight data insights. Unfortunately, this is one unique situation in which it becomes difficult to see the forest for the trees. Spot freight provides a short-term way to source capacity and boost procurement outside of contracted rates whether TL or LTL.

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Watch: Navigating Your Supply Chain Challenges — Help Is on the Way

Supply Chain Brain

Uncertainty is the only certainty in supply chain these days, so implementing the right technology in your operations is key, says Benji Fountain, account manager at enVista.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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UKREiiF Property Show Ticket Deadline

Logistics Business Magazine

With Tickets sales at record levels, UKREiiF – UK Real Estate and Investment and Infrastructure Forum – have announced that all ticket discounts will end this Friday night, April 19th. Since its inception in 2022, the Leeds event is now the UK’s most popular Real Estate and Property Investment forum with ticket sales for 2024 predicted to go well above 10 000 attendees.

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Top 9 Technology Trends for Your Warehouse in 2024

3PL Links

Image source: Wikimedia | Top 9 Technology Trends for Your Warehouse in 2024 Distribution warehouses bear a great deal of responsibility these days because of the direct impact their operations have on the customer experience. There is a far greater likelihood that the business will be profitable when its logistics are efficiently planned and flow together quickly.

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ASDA Introduces Moving Deck Trailers

Logistics Business Magazine

ASDA, a leading UK supermarket, is midway through welcoming to its fleet an initial order of 167 new vehicles manufactured by Tiger Trailers, comprised of 147 tri-axle box van moving deck double deck trailers for UK operation, and 20 for the retailer’s Northern Ireland ferry-use operations. Tiger’s new trailer solution for Asda provides up to a 44-pallet carrying capacity, and incorporates a ¾ length moving deck for versatility, powered by the Cheshire manufacturer’s in-house, 4-ram hydraulic sy