Tue.Jun 25, 2024

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How Can Your Supply Chain Become Even More Resilient?

Logistics Viewpoints

As we kick off the summer of 2024, four years past the emergence of COVID-19, we are still seeing the effects of the pandemic on the world’s supply chains. As supply chain professionals, COVID-19 made us recognize that disruption is a given. From production shutdowns and material shortages to blocked shipping lanes, we now accept supply chain uncertainty as an everyday fact.

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When A Cyberattack Takes Down Your Supply Chain Software

Talking Logistics

In a March 2010 article in The Atlantic titled “Cyber Warriors,” James Fallows writes,”[Cyber] attacks — not just from China but from Russia and elsewhere — on America’s electronic networks cost millions of dollars and could in the extreme cause the collapse of financial life, the halt of most manufacturing systems, and the evaporation of.

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Low Prices, Human Costs: Has Online Retail Crippled the Ethical Supply Chain?

Supply Chain Brain

Globally, it's estimated that $161 billion worth of clothing and textiles fall into an area of risk that makes them prone to being produced by forced labor annually.

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Truckload carriers' costs rose in 2023 despite lower fuel costs

Overdrive Online

Fuel costs saw one of the biggest year-over-year changes in 2023 from 2022, falling 8.8 cents per mile. Despite this, per-mile operational costs were up slightly from 2022 to $2.27 per mile.

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EROAD’s Guide to Running a Sustainable Trucking Business

Over the last three decades, emissions from new trucks have been reduced by more than 98 percent. In fact, it would take 60 of today’s trucks to generate the same level of emissions from a single truck in 1988. Despite these impressive improvements, many trucking businesses continue to seek methods to achieve sustainability goals in a viable, measurable way.

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Red Sea Delays the 'New Normal' Headed into Peak Shipping Season

Supply Chain Brain

Supply chain visibility platform Project 44 estimates that passages through the Suez Canal dipped by 80% between May 2023 and May 2024.

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Canada Could Be Next to Hit China With Tariffs on EVs

Supply Chain Brain

Canada will next open a 30-day public consultation period on July 2 to weight responses to any potential tariffs against China moving forward.

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June 25, 2024 Update

Freightos

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. More Resources Home June 25, 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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Watch: Case Study: An Ambitious Supply Chain Transformation at BlueScope Steel

Supply Chain Brain

Australian steel producer BlueScope Steel was looking for a technology partner to help it achieve end-to-end visibility of its complex supply chain.

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Partner Government Agencies: Key Players in U.S. Imports

MercuryGate

When importing goods into the U.S., Partner Government Agencies (PGAs) and U.S. Customs and Border Protection (CBP) work together assertively to guarantee the safety and compliance of your goods. The post Partner Government Agencies: Key Players in U.S. Imports appeared first on MercuryGate International.

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How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal

A Fortune 500 CPG company partnered with GEP to improve end-to-end category management, optimize direct spend categories, and increase strategic focus on tail spend. GEP’s sourcing expertise and market intelligence enabled the company to centralize sourcing and order management processes, strengthen key supplier relationships, and enhance supply chain resilience and agility.

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Peru Resolves Chinese Port Spat as President Prepares to Meet Xi

Supply Chain Brain

China’s Cosco Shipping has been building the Chancay port near Lima expecting to be its exclusive operator when it opens in November.

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Hallcon Celebrates Second Electric Vehicle Operations Center Opening in Bay Area

NGT News

Hallcon Corporation, a provider of mobility and infrastructure solutions, celebrated the grand opening of its new Electric Vehicle Operations Center in Fremont, California. This 3.3-megawatt facility is the organization’s second EV charging site in the Bay Area, representing a milestone in Hallcon’s mission to enhance EV infrastructure across North America.

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Grappling with the EU's New Regulation on Deforestation

Supply Chain Brain

The EUDR is a big challenge for supply chain managers. Here’s how to tackle it.

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Clean Energy Fuels Opens RNG Station in Philadelphia-South Jersey Area

NGT News

Clean Energy Fuels Corp. has opened a new renewable natural gas (RNG) station in Carney’s Point, New Jersey, for heavy-duty trucks and other fleet vehicles to access this fuel produced from organic waste. The new station is strategically located in the trucking corridor between Philadelphia and Wilmington, Delaware, near Interstate 295 and the New Jersey […] The post Clean Energy Fuels Opens RNG Station in Philadelphia-South Jersey Area appeared first on NGT News.

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Navigating Uncertainty: How Technology Helps Fleets Thrive in Challenging Times

Change is a constant in the transportation industry. Amid business competition, regulatory developments, environmental concerns, and myriad other challenges, motor carriers must continually adapt to an ever-evolving operational landscape. Fleet telematics technology can help transportation businesses navigate uncertainty, gain a competitive advantage, and boost profitability.

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The Changing Grocery Supply Chain Landscape

Supply Chain Brain

Today, the grocery industry is facing new challenges in supply chain management. In many respects, the industry continues to face new and ongoing disruptions in the post pandemic era. Most prognosticators acknowledge it is becoming increasingly difficult to predict the future given the continued volatility, uncertainty and speed of change.

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Bollinger Motors Receives U.S. EPA Certification for Its Class 4 B4 Chassis Cab

NGT News

Bollinger Motors, a subsidiary of electric vehicle manufacturer Mullen Automotive Inc., has received its Certificate of Conformity from the U.S. Environmental Protection Agency (EPA) for its Class 4 B4 Chassis Cab. Attainment of the certificate is another milestone for Bollinger Motors as it moves closer to delivering initial vehicles to customers. The company plans to […] The post Bollinger Motors Receives U.S.

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When is a Customs Bond Required?

I.C.E. Transport

If you’re importing goods into the USA, it’s important to know the answer to the question: When is a customs bond required? The majority of goods being imported into the USA require a customs bond as part of the entry process.

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Xos Delivers Class 6 Step Vans to Morgan Services

NGT News

Xos Inc., a provider of fleet electrification, has delivered Xos SV step vans and charging solutions to Morgan Services, a family-owned textile company. This delivery introduces Morgan to its first set of Class 6 battery electric step vans from Xos, with additional orders placed for its facilities in Los Angeles and San Diego, California. “It’s […] The post Xos Delivers Class 6 Step Vans to Morgan Services appeared first on NGT News.

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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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UPS to Sell Coyote Logistics to RXO, Inc.

Food Logistics

This acquisition will enhance RXO’s market position, diversify and expand its customer base, and broaden its carrier network.

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Arcadis Completes Charger Installation for bp pulse EV Gigahub

NGT News

Global design and consultancy organization Arcadis has completed bp‘s latest high-speed electric vehicle charging site at the oil company’s North America headquarters in Houston, Texas. The new bp pulse station is the first bp pulse branded Gigahub in the United States for the EV charging business. It is now open to the public. Arcadis delivered […] The post Arcadis Completes Charger Installation for bp pulse EV Gigahub appeared first on NGT News.

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Per-mile cost of trucking hit record high in 2023

Commercial Carrier Journal

The per-mile marginal costs of trucking reached a new high in 2023.

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New Fulfilment Centre Opened by CIRRO

Logistics Business Magazine

CIRRO Fulfillment officially announces the opening of its 21st fulfilment centre, Ergo Fradley 354, which is now operational in the well-established Fradley Park, Lichfield, Staffordshire, UK. The new facility spans 33,000 square meters. Ergo Fradley 354 is a joint venture between NFU Mutual and Ergo Real Estate, it is a top-tier facility built to the highest standards, achieving EPC A, BREEAM Excellent and Planet Mark Certification, to allow for sustainable, reliable, and efficient operations.

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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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Alexander Dennis Lands Its Largest Single Order of Zero-Emission Buses

NGT News

Alexander Dennis Limited, a subsidiary of bus and coach manufacturer NFI Group Inc., has taken a firm order from transport group Stagecoach for 244 of its next-generation zero-emission buses. Stagecoach supported numerous local authorities across England in successful bids to reach the second round of the United Kingdom government’s Zero-Emission Regional Bus Areas scheme (ZEBRA […] The post Alexander Dennis Lands Its Largest Single Order of Zero-Emission Buses appeared first on NGT News.

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Clark Announces American Homecoming

Logistics Business Magazine

Clark Material Handling is pleased to announce the establishment of its Global Headquarters in the United States. This move returns a premier American brand, the creator of the modern forklift, from Korea back to the US and lays the foundation for a global growth strategy that begins with a homecoming. Clark’s Global Headquarters will merge with Clark Material Handling Company (CMHC), in Lexington, Kentucky, North American operations, leveraging the strengths of both companies and positioning Cl

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Protected: From Novice to Pro: Freight Broker Tips to Master the Industry

IFS Blogs

Want to dominate the freight brokerage industry? This article will equip you with expert tips to help you become a freight broker pro.

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Rise in Shipping Rates has little impact on Port Congestion

Logistics Business Magazine

Recent rises in ocean freight rates in response to increased shipping demand has thus far had little impact on global port congestion, according to data released today by supply chain visibility and collaboration platform Beacon. Shipping rates continue to rise globally, causing concern for port congestion (a combination of vessel anchor and dwell time) in the world’s largest ports.

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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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ShipMonk Announced SFBJ 2024 Business of the Year

Ship Monk

ShipMonk wins South Florida Business Journal’s 27th Business of the Year Awards. This prestigious accolade recognizes businesses that set the standard for growth, service, quality, innovation, execution, and strategy. About the Award To qualify, companies must have a significant portion of their operation in South Florida. Additionally, Business of the Year awardees must exhibit extraordinary performance in: 1.

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Supply Chain Resilience from Transparency and Collaboration

Logistics Business Magazine

Cost savings used to be at the top of supply chain managers’ agendas. However, in an increasingly volatile world, the design of robust value chains is increasingly becoming the focus of decision-makers. This is likely to remain the case for the future, writes Ralf Duester, Managing Director, Setlog GmbH. Many ships are currently avoiding the Suez Canal because of the Houthi rebels.

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15 Electric Renault Trucks in Operation

Logistics Business Magazine

Renault Trucks and Dachser are cooperating on the gradual decarbonization of road freight transport. In total, the logistics service provider is expanding its fleet by fifteen Renault Trucks vehicles. The all-electric trucks complete local and long-distance transport tours at seven Dachser locations in Germany every weekday. Five Renault Trucks E-Tech D are already in use for Dachser.