Fri.Jun 21, 2024

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Navigating Ship Valuation: Insights into Global Methods and Challenges

MTS Logistics

Do you ever wonder how a ship’s value is determined? How do the shipowner companies make decisions about purchasing and selling different kinds of ships? Below are some explanations and methods that are used worldwide. There is one dilemma discussed which is whether the price is equal to the value. To understand this question we need to look at the following methods: Income Approach Market Approach Cost Approach The income approach requires a forecast of future cash flow.

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The State of Warehousing and Fulfillment with Joe Spisak

The Logistics of Logistics

Joe Spisak and Joe Lynch discuss the state of warehousing and fulfillment. Joe is the Founder and CEO of www.Fulfill.com , a marketplace that connects ecommerce brands with the right warehousing and fulfillment partners. Summary: The State of Warehousing and Fulfillment In this podcast, Joe Spisak, Founder and CEO of Fulfill.com, shares his expertise on the latest trends and challenges in the warehousing and fulfillment industry for ecommerce brands and 3PLs.

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Above the Fold: Supply Chain Logistics News (June 21, 2024)

Talking Logistics

You and me, we come from different worldsI shave off all my hair and you have lots of curls 27 years ago tomorrow, my wife and I were introduced as Mr. & Mrs. for the first time. We came running into the ballroom holding our hands up high, as our family and friends clapped and. Read more The post Above the Fold: Supply Chain Logistics News (June 21, 2024) appeared first on Talking Logistics with Adrian Gonzalez.

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Quad Cities Transit Agency Selects EO Charging to Install Bus Fleet Infrastructure

NGT News

MetroLINK, the Illinois Quad Cities public transit and mobility provider, has selected EO Charging, a supplier of electric vehicle charging solutions for depot-based fleets, to expand EV charging infrastructure for its electric bus network. EO will be providing its Full Fleet Electrification consisting of hardware, software, and ongoing operation and maintenance services.

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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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Automobile Seller Fined for Selling China-Made Cars as Italian

Supply Chain Brain

The news comes as Italy and the European Union as a whole are cracking down on cars produced outside the trading bloc.

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The trucks in Kenworth's annual truck parade, 1923 to present day

Overdrive Online

This year, the parade paid tribute to the plant’s 50th anniversary with a mixture of vintage KWs and more contemporary and stunning custom trucks with invites to the company's customer base.

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EnergIIZE Project Will Open EV Jump Start Lane in July

NGT News

Funded by the California Energy Commission and administered by CALSTART, the Energy Infrastructure Incentives for Zero-Emission Commercial Vehicles (EnergIIZE) Project will open its EV Jump Start funding lane July 16, 2024, at 9 a.m. and will run through September 10, 2024, at 5 p.m. Pacific time. This funding lane is intended for fleets interested in […] The post EnergIIZE Project Will Open EV Jump Start Lane in July appeared first on NGT News.

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How mostly owner-op fleet K&J Trucking became a 'Best Fleet'

Overdrive Online

Sioux Falls, South Dakota-based K&J Trucking was named the Overall Best Fleet to Drive For in the small carrier category by CarriersEdge earlier this year. The 83% owner-operator fleet thrives with focus on success of its contractors.

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Solaris Secures Contracts for 88 E-Buses in Sweden

NGT News

Solaris Bus & Coach has secured contracts to supply electric buses to the Swedish market. Nobina, a major transport operator in Sweden, has ordered 88 Solaris electric buses for its fleet operating in three regions: Skåne, Värmland and Malmö. The order includes the articulated Urbino 18 electric as well as the Urbino 15 LE electric, […] The post Solaris Secures Contracts for 88 E-Buses in Sweden appeared first on NGT News.

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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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Japan Imposes Sanctions on China-Based Firms For Supporting War in Ukraine

Supply Chain Brain

Japanese Prime Minister Fumio Kishida, Tokyo has adopted a tougher stance against Moscow than any other leader in Asia, with most of them declining to take sides in the war.

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Volvo Trucks says it is well-timed for growth amid soft market conditions

Commercial Carrier Journal

A factor prompting a new truck pre-buy is that tractors meeting 2027 emissions regs will cost roughly $20,000 more.

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Large-scale Automated Marshalling Solution

Logistics Business Magazine

Home Bargains, a high-street discount retailer, has successfully implemented a large-scale automated marshalling solution from Lowpad at its Amesbury, UK distribution centre. This initiative addresses recruitment challenges and optimizes the final stage of its modern warehouse facility, creating a 24/7 operational marshalling solution managed by Lowpad’s fleet manager software.

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Penske Transportation Solutions Sustainability Efforts Recognized with Green Supply Chain Partner Listing Inclusion

Penske Move Ahead

Penske Transportation Solutions is a member of this year’s Green Supply Chain Partner list that has been released by Inbound Logistics magazine. According to the publication’s editorial team, Penske is among the 75 honorees that “walk the walk” regarding its supply chain sustainability efforts. Bill Combs, Penske vice president of sustainability said: “We are very pleased to earn entry onto the Green Supply Chain partner list.

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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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EffiBOT Robot with Automatic Coupling

Logistics Business Magazine

In 2020 Chantiers de l’Atlantique called on Effidence for the first time to assist with the transport of sanitary units for liners. The company, which specializes in the ship market, was looking for a high-capacity AMR to move these heavy loads from the production line to the assembly line in complete autonomy. That’s why a robotic tugger EffiBOT-T was installed at their Saint-Nazaire, France site.

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Penske Transportation Solutions Sustainability Efforts Recognized with Green Supply Chain Partner Listing Inclusion

Penske Move Ahead

Penske Transportation Solutions is a member of this year’s Green Supply Chain Partner list that has been released by Inbound Logistics magazine. According to the publication’s editorial team, Penske is among the 75 honorees that “walk the walk” regarding its supply chain sustainability efforts. Bill Combs, Penske vice president of sustainability said: “We are very pleased to earn entry onto the Green Supply Chain partner list.

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Freightera Celebrates 10th Anniversary With 535% Profit Growth

Freightera

Freightera’s Success Continues into 2024 With Record Profit, Led by a Customer-First Approach Freightera is thrilled to announce its 10th anniversary, marked by a remarkable 535% increase in net profit YoY in Q1 2024. Our innovative freight automation platform drives this growth and it’s scaled our revenue by 47% YoY by mid-June while operating costs have declined for the 8th consecutive quarter.

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This Week in Logistics News (June 15 – 21)

Logistics Viewpoints

The boys are back! Sixteen years to the day, the Boston Celtics are once again NBA champions after dismantling the Dallas Mavericks in five games. The Celtics have been on the cusp of a championship the last few years, but the naysayers continued to say that Jayson Tatum and Jaylen Brown could not coexist. But this season, and post-season in particular, the two of them proved their critics wrong, showing the NBA and the rest of the world just what the dynamic could do.

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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.