Tue.Oct 29, 2024

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7 Essential KPIs for Accurate and Efficient Inventory Management

Amware Logistics and Fulfillment

Optimize inventory management with seven essential KPIs to reduce costs, enhance customer satisfaction, and achieve operational excellence in your supply chain. Learn how to measure and improve efficiency.

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The RocketFuel Story with Josh Beatty

The Logistics of Logistics

Josh Beatty and Joe Lynch discuss the RocketFuel story. Josh is the Co-Founder of Launch Fulfillment, LaunchPath Logistics, and RocketFuel Parcel Recharge. As Josh and his partner scaled Launch Fulfillment , they encountered some cash flow issues inherent in high volume parcel shipping that their ecommerce customers required. They recognized that many other 3PLs would have the same problem, so they created RocketFuel , a recharge metering system that ensures upfront payments for every shipment

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Leased operator Wes Harman and 'The Bee' 2024 Cascadia

Overdrive Online

Prime-leased Wes Harman has almost paid the rig off in full. When Long Haul Paul met Harman, he notes, "I could have as easily believed the former English professor turned reefer hauler to be the CEO of a Fortune 500 trucking concern.

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Nauto and Beans.ai Join Forces to Optimize the Safety, Efficiency and Accuracy of Last Mile Delivery for Commercial Fleets

Logistics Viewpoints

Nauto and Beans.ai have announced a strategic partnership to enhance the safety and efficiency of last-mile delivery operations for commercial fleets. By integrating Nauto’s AI-powered Video Event Data Recorder (VEDR) solution with Beans.ai’s precision location data and micro-routing technology, the collaboration offers a comprehensive solution tailored to meet the needs of last-mile deliveries, including VEDR compliance.

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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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ABS: 'Significant Potential' for Nuclear-Powered LNG Carrier Ships

Supply Chain Brain

According to the study from the ABS, a nuclear-powered vessel wouldn't need to refuel, although its reactor would need to be replaced every six years.

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More Trending

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Apple Ships $6B of iPhones From India in Shift Away from China

Supply Chain Brain

Apple exported nearly $6 billion of India-made iPhones, an increase of a third in value terms from a year earlier

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Empowering a Greener, Smarter Future in Logistics Through AI

MTS Logistics

Artificial Intelligence (AI) is transforming logistics and supply chain management, driving an era of heightened efficiency, innovation, and sustainability. From autonomous vehicles to predictive analytics and advanced tracking, AI technologies are reshaping how goods are moved, monitored, and managed across the globe. Self-driving trucks and drones, a rapidly developing facet of AI in logistics, streamline delivery operations, addressing labor shortages and reducing reliance on human drivers.

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Port of Montreal Dockworkers Plan Indefinite Strike at Two Terminals

Supply Chain Brain

Dockworkers at the Port of Montreal have been without a labor agreement since their previous deal expired at the end of 2023.

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How High-Touch Service and Company Culture Drive Lasting Success in Supply Chain

Food Logistics

Company culture is far more than a trendy term; it's the essence that showcases what an organization contributes to a partnership, both internally with the team and externally with customers.

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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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Data Is the Catalyst for True Collaboration in Shipper-Carrier Partnerships

Supply Chain Brain

To navigate the uncertainty surrounding rate negotiations, shippers and carriers are rethinking how they approach their contracts.

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Freight Optimization Software Revolutionizing Supply Chain Efficiency

MercuryGate

How would your business transform if you could guarantee on-time deliveries, maximize every truck's capacity, and have real-time insights at your fingertips? Freight optimization software is your ticket to making this happen. The post Freight Optimization Software Revolutionizing Supply Chain Efficiency appeared first on MercuryGate International.

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Houthis Resume Attacks on Ships in Red Sea

Supply Chain Brain

Houthi rebels have carried out almost 100 missile and drone attacks against ships in the Red Sea over the last year.

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Deliver More with LogiNext’s Ultimate Multi Stop Route Planner

Loginext

As delivery demands rise, LogiNext’s Multi Stop Route Planner optimizes routes with GPS integration, enhancing efficiency and reducing costs by up to 30%. Discover how to transform logistics operations today. The post Deliver More with LogiNext’s Ultimate Multi Stop Route Planner appeared first on loginextsolutions.com.

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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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Presidential election’s potential impacts on 3PL warehousing

Camelot 3PL Software

The 2024 U.S. presidential election is poised to influence the logistics sector, particularly third-party logistics (3PL) warehousing. Anticipated shifts in trade policies, regulatory frameworks, and economic strategies will directly affect 3PL operations. Key considerations include: Trade Policies and Tariffs Changes in trade policies, such as the implementation of new tariffs, can alter import and export dynamics, thereby impacting warehouse demand and utilization.

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U.S. EPA Chooses 55 Applicants for Nearly $3 Billion in Clean Port Funds

NGT News

The U.S. Environmental Protection Agency has selected 55 applicants across 27 states and territories to receive nearly $3 billion through EPA’s Clean Ports Program. These grants will support the deployment of zero-emission equipment, as well as infrastructure and climate and air quality planning projects at ports nationwide. The grants are funded by President Biden’s Inflation […] The post U.S.

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What’s the Shipping Cost of Moving from the US to the UK?

I.C.E. Transport

If you’re soon to be an expat from US shores with plans to live in the UK, there are a lot of details to keep track of, what with planning, packing and paperwork. Among the many considerations, of course, is the shipping cost of moving from the US to the UK. Let’s explore strategies you can use to make your transition as smooth as possible, but keep the total cost down.

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ComEd Provides Rebates for Pre-Owned Electric Fleet Vehicles

NGT News

As part of a larger investment to accelerate the equitable growth of electric vehicles in northern Illinois, ComEd’s business and public sector fleet EV rebate program can now be used for the purchase of certified, pre-owned electric fleet vehicles and repowered battery EVs to help reduce the costs of transitioning to electric commercial and public […] The post ComEd Provides Rebates for Pre-Owned Electric Fleet Vehicles appeared first on NGT News.

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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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Hedging Consumer Behavior Bets in Warehouse Planning

Supply Chain Brain

Distribution and warehouse professionals face another challenging period, with consumer behaviors changing faster than ever before.

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Climate United Begins Electric Drayage Truck Program to Aid Financing

NGT News

Climate United has introduced a new program to offer affordable leasing options to small fleets and independent operators to lower operational costs and reduce air pollution in port communities, beginning at the Ports of Long Beach and Los Angeles with the intention to expand nationally. Leveraging a $6.97 billion award from the U.S. Environmental Protection […] The post Climate United Begins Electric Drayage Truck Program to Aid Financing appeared first on NGT News.

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Plans for UK Mega-Freight Hub Proceed

Logistics Business Magazine

The latest addition to England’s burgeoning Logistics Golden Triangle has cleared a critical hurdle, as objections to a substantial logistics park with dedicated rail freight facilities have been formally dismissed. Initial construction is now underway, bringing forward a project that supporters argue is crucial for strengthening supply chain resilience in the region, but which has faced considerable pushback from local communities concerned about its impact.

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TALKE Successfully Completes Hyzon Fuel Cell Electric Vehicle Trial

NGT News

TALKE, a provider of logistics solutions for the chemical industry, has successfully concluded its two-week trial with Hyzon‘s Class 8 200-kW fuel cell electric vehicle (FCEV) truck as part of its Houston drayage operations at TALKE USA. “This trial is a key part of TALKE’s preparations for zero-emission operations and aligns with our ongoing commitment […] The post TALKE Successfully Completes Hyzon Fuel Cell Electric Vehicle Trial appeared first on NGT News.

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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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Sagard NewGen acquires leading provider of SaaS solutions

Logistics Business Magazine

Sagard NewGen announces the acquisition of FuturMaster , a Software-as-a-Service (SaaS) provider of Supply Chain Planning and Revenue Growth Management solutions, from its founder and Cathay Capital. Sagard NewGen becomes the Group’s majority shareholder alongside the management team and Cathay Capital, who reinvest in the new transaction. This acquisition aligns with recent trends in the SaaS and supply chain sectors, where private equity and investment firms target companies driving digi

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The Shyft Group Forms Partnerships to Expand Blue Arc EV Dealer Network

NGT News

The Shyft Group Inc., provider of specialty vehicle manufacturing, assembly and upfitting, has formed partnerships with Allegiance Trucks LLC and Ascendance Trucks LLC to establish dealer sales and service for the Blue Arc Class 4 all-electric truck. These agreements expand Blue Arc’s dealer network in the Northeast region, enhancing its reach and accessibility in the […] The post The Shyft Group Forms Partnerships to Expand Blue Arc EV Dealer Network appeared first on NGT News.

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Carie Seymour Receives 2024 Women in Supply Chain Award

Penske Move Ahead

Carie Seymour, vice president of human resources for Penske Logistics , has received the 2024 Women in Supply Chain Award from Supply & Demand Chain Executive and Food Logistics. The award honors female supply chain leaders who set a strong foundation for women at all levels of a company’s supply chain. Seymour appears on the esteemed 2024 ranking in the Trailblazers category, honoring female leaders with proven track records of paving the way for future women in logistics.

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The Essential Role of Real-Time Inventory Tracking in Every Business

3PL Links

Image source: Pexels | How Real-Time Inventory Tracking Can Boost Your Profit in 2025 In today’s fast-moving business environment, real-time inventory tracking has become a critical tool for optimizing operations, cutting costs, and driving profitability. As we approach 2025, businesses that invest in this technology will gain a competitive edge, while those who don’t risk falling behind.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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Optimizing Warehouse Efficiency with Zone Picking

Ottawa Logistics

In today’s world of eCommerce fulfillment, speed is critical. The industry is continuously pushing the envelope for speedier shipping, order processing, and order fulfillment. This is why it is critical to have a fulfillment partner who can handle high order volume and always keep up with peaks to ensure that your clients’ products arrive as quickly as they can.

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Rolls-Royce Supply Chain Issues Strike Again

Logistics Business Magazine

Rolls-Royce is struggling with persistent supply chain issues that are impacting its engine production and maintenance schedules, forcing British Airways (BA) to cancel flights on one of its most popular transatlantic routes. Starting December 12, 2024, British Airways will suspend all flights between London Gatwick and New York’s JFK Airport until March 25, 2025, in response to the engine shortages.

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October 29, 2024 Update

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. More Resources Home October 29, 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.