March, 2017

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Freightos International Freight Index Update March 5-12 2017 (W10)

Freightos

Freightos Freight Index Update. March 5-12 2017 (W10). By Noam Fraenkel, VP Data & Analytics, Freightos. Weekly insights from the Freightos International Freight Index. Despite talks of a seller’s market, China-US spot rate import prices for 40’ containers have continued to drop ever since peaking prior to the Chinese New Year in January. This continued drop represents a potential market correction and return to 2016 prices.

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Digital Transformation: An Imperative for Industrial Manufacturing in 2017

GlobalTranz

Are industrial manufacturers seizing all the opportunities of a more digital world? Possibly not. A recent article suggests that, by 2018, only 30 percent of manufacturers investing in digital transformation will be able to maximize the outcome. The remaining 70 percent are hindered by outdated business models and technology. This is concerning. The speed of business is fast and companies that aren’t successful in adopting, implementing, and optimizing new technologies run the risk of being left

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Augmenting Your Logistics Operations with Digital Yards

Talking Logistics

Thanks to advancements in technology including cloud computing, internet of things (IoT), drones, and mobile, yard visibility and management are now reaching new heights as the picture of the “Digital Yard” comes into very clear focus. No longer relegated to using clipboards, spreadsheets, and manual systems to manage their yard assets, companies are asking themselves questions like: How can we better leverage today’s advanced technologies to run our yards even more efficiently?

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How a 3PL Can Help With Your Apparel Business Cash Flow

Apparel Logistics

As April 18 looms, more American businesses are turning their attention to taxes and cash flow. Whether you're stressed about the impending deadline or wondering how you can get a leg up on next year's tax season, you may wonder whether using a third-party logistics (3PL) provider could help your business. Partnering With a 3PL Provider Reduces Your Tax Pressure.

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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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Get the Gold Standard with Accredited Supply Chain Solutions

Insight Into Action

Trusting a 3PL partner with your global supply chain network is vital for the efficient delivery of your product. Indeed, for any far-reaching logistics with international warehousing and distribution capability, you need the right planning and policies, systems and strategies in place. That way, large scale operations are in the best place to maintain the same standard of quality throughout – no matter what borders or oceans they cross.

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Behind the $5 billion dollars in logistics technology investments

Freightos

Behind the $5 billion dollars in logistics technology investments. By Eytan Buchman, Head of Marketing, Freightos. Today Freightos announced a $25 million dollar funding round , led by GE Ventures. In the five years since Freightos launched, logistics and technology have increasingly converged. At JOC ’s TPM in Long Beach last month, no less than fifteen sessions featured technology, digitalization, and freight future-proofing.

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5 Ways To Help Avoid Freight Damage & Loss Claims

GlobalTranz

Shippers and sellers have plenty of things to consider. They must think about what customers will want today, tomorrow and two months from now. Meanwhile, are freight costs going to rise or decrease? Will Mother Nature throw a wrench into a shipment, causing extra delays or even freight damage? These questions reflect the woes of freight loss among shippers and sellers, but proper packing and packaging can help prevent freight damage, assuming it is not the result of a natural or manmade disaste

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IT in the Age of Supply Chain Complexity

Talking Logistics

“There is a certain limit to what you can optimize just within the four walls of your company,” said Artur Zgoda, Director of Supply Chain IT Solutions at AXIT- A Siemens Company , in a recent episode of Talking Logistics. “The next big opportunity for benefits is to go beyond your four walls and integrate and collaborate with your suppliers, customers, and other trading partners to enable joint supply chain processes.”.

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The Stay at Home Economy and Its Supply Chain Impacts - Part 1: Definition

10xLogistics

I have noticed a bit about my own behavior and started looking to see if it was just me or was it a "trend" (I am not usually "trendy"). The behavior is simple: I just stay at home more and I have made my home a bit of a "Disneyland". Rather than go out for entertainment, I have it brought to me. Instead of going out to buy things, I had them brought to me.

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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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Dynamic Pricing in the Apparel World

Apparel Logistics

Dynamic pricing, often called real-time pricing or price optimization, is a flexible pricing system that's revolutionizing the online retail industry. Long used in the travel sector, it's becoming more common in a range of online retail fields. Take a closer look at how it works in the apparel industry and the benefits dynamic pricing can bring to your business.

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Don’t Run the Risk: Supply Chain Solutions for Business Continuity

Insight Into Action

Everyone makes dynamic risk assessments each day, no matter your role or experience, whether you’re at work or at home. In fact, risk is anything that has the potential to cause harm – and for businesses it’s your bottom line that can take the hit. In logistics, without robust risk management procedures your supply chain could falter then fail when the unexpected happens.

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Freightos International Freight Index Update March 13-19 2017 (W11)

Freightos

Freightos Freight Index Update. March 13-19 2017 (W11). By Noam Fraenkel, VP Data & Analytics, Freightos. Before you dive in, we just wanted to let you know that you can now download charts or data directly from the index. Head over now to check it out or learn more here. . China-US Ocean Freight Trends. 40′ container rates for China – US West Coast and China – US East Coast are still easing.

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[Infographic] Does US Manufacturing Need a Savior?

GlobalTranz

Apparently, US manufacturing needs a ‘messiah’. Industry 4.0 and services are being touted as potential ‘saviors’, but hold your horses, why is there this perception that manufacturing in the USA needs rescuing? It’s time to get to the crux of this…. It’s a sad statement to have to make, but US manufacturers are often their own worst enemy, with many industry insiders ‘attacking’ manufacturing in the USA rather than championing this valuable sector.

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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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Supply Chain Operating Networks Create Supply Chain Rockstars

Talking Logistics

In a study conducted by Accenture in 2015 of chemical companies, results showed that 94 percent expect to boost their investment in digital capabilities in the next three years to embrace a competitive advantage. Adding digital functionality will increase customer satisfaction, streamline operations and improve efficiencies. Businesses are demanding the features found in most business-to-consumer (B2C) technologies, which allows them to easily search for products, compare features, shop for barg

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Macroeconomic Monday® - Inventory to Sales Ratio

10xLogistics

Goes to show, I should never take a break from blogging. "While I was out", the inventory to sales ratio in the economy has made a very nice move. While not even close to the post recession area it is starting to move down which indicates the bleeding off of inventory has begun. Of course, for transportation to tighten, and rates to go up, this will need to tighten some more.

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Tesco UK selects Transporeon Group solution for inbound goods management at its UK distribution centers

Transporeon

In January, 2017, Tesco UK signed a contract with the Transporeon Group for its retail division, Mercareon, to implement a cloud-based software-as-a-service solution for managing inbound logistics flows at all Tesco UK Distribution Centers. As well as improving inbound goods handling processes at 35 Tesco facilities across the UK, this time slot management solution will provide greater transport visibility and enable Tesco UK to more easily and cost-effectively assign transport orders to a close

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Apparel Logistics and Seasonal Demand

Apparel Logistics

Managing logistics in the apparel industry is predictable only in its unpredictability. When viral social media posts and celebrities' snap decisions determine the trends, it's nearly impossible to anticipate when a sudden surge in demand may occur. Fortunately, online tools and smart third-party logistics solutions have made it easier to keep up, even with the breakneck pace of today's seasonal fashion trends.

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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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Lessons from CMA CGM, Maersk and K+N on Transparency and Digitalization

Freightos

Lessons from CMA CGM, Maersk and K+N on Transparency and Digitalization. Report from TPM Long Beach. By Zvi Schreiber, CEO, Freightos. “You cannot afford in this day and age not to go digital…digital will become the name of the game”. A version of this article appeared in the Journal of Commerce on March 4th, 2017. That quote above isn’t fear, gloom, doom or a startup trying to scare the industry into buying a software solution.

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[Infographic] 21st Third Party Logistics Study Shows Increased Use of 3PLs & Shippers

GlobalTranz

Third-party logistics providers are evolving in the wake of changing politics, increased public scrutiny and demand for more value-based, not asset-based, services. At the close of 2016, the 21 st Annual Third-Party Logistics Study found the overall use of third-party logistics providers ( 3PLs ) is increasing, but the types of logistics services utilized indicate the industry is entering a shift in how it operates.

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Uber: The Newest Entry on Your Carrier Scorecard

Talking Logistics

A few weeks ago on Talking Logistics, I spoke with Frank McGuigan, President and Chief Operating Officer at Transplace , about a variety of transportation trends, including the emergence of Uber as a logistics service provider. Uber officially launched UberFreight right after Christmas last year, but there still isn’t much information on the homepage, other than its creative tagline with its double meaning: “We’re in for the long haul.”.

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Schneider IPO Price Set Between $18 and $20. Big Pay Day for Family

10xLogistics

Three things to know about the Schneider ( SNDR ) IPO ( JSonline ): The family remains firmly in control - in fact the company will still be considered a "closely held" company. Family will net about $230M $359M to the company of which roughly half is used to pay down debt and 1/2 to buy chassis.

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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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Overcoming e-sourcing apprehension

Transporeon

Procurement professionals, if you are considering a transition from manual and Excel-based RF(x) to online automated e-sourcing platforms, here is the information you need to mitigate fear, uncertainty and doubt in your supplier base. As companies become leaner and available time becomes scarcer, process automation is the clear solution for busy procurement and supply chain teams.

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When Your Apparel Warehouse IT Goes South

Apparel Logistics

When it comes to warehouse setups, having the proper equipment and software is the difference between success and massive failure. This has been seen throughout the ages as innovations have been used to increase production while reducing costs. Here are some of the most infamous warehouse failures. Getting Too Big for Your Britches. Have you heard of Webvan?

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Freightos Raises $25 Million Round Solidifying Position As Digital Global Freight Leader

Freightos

Freightos Raises $25 Million Round, led by GE Ventures, to Expand Marketplace. Press Release. Round extension led by GE Ventures, after 600% order growth in six months following the Freightos Marketplace launch and adoption of Freightos software by 1,000 freight forwarders. (March 29, 2017) – Freightos ®, the logistics technology company bringing freight online, today announced the completion of a $25 million Series B extension round, led by GE Ventures , with participation by additional investo

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IoT, Robotics and Artificial Intelligence in Manufacturing… The Game is Changing

GlobalTranz

As Maurice Conti has said in one of his presentations , we have arrived to the augmented era, in which Artificial Intelligence in manufacturing gains a new role. Until now all our tools were passive: we told them what to do and they did it. But the future holds a new era where artificial intelligence in manufacturing will come up with its own designs, its own ideas, its own products.

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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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This Week in Logistics News (March 20-24, 2017)

Talking Logistics

Our hearts and prayers go out to the people of London following this week’s terrorist attack. So sad, so senseless. May the days ahead be filled with peace and healing, for all the injured and mourning, and for all of us. Moving on to this week’s supply chain and logistics news… Walmart Secures Patent for Drones to Carry Products Inside Stores (Digital Trends). eBay to Roll Out Guaranteed Delivery for 20 Million Items.

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10 Common Questions About Importing Your Goods via Ocean Freight

Dedola Global Logistics

Archives If you’re new to importing goods via ocean freight, you probably have a lot of questions. As international freight forwarders , we get a lot of questions from importers who are interested in bringing in their goods by ocean freight. Here are the 10 most common questions we hear (and answers) about shipping via ocean : 1. How long does it take to receive my cargo?

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Michigans Role in the Growing Mobility Industry

3PL Insights

Even with its role in the global auto industry losing its luster in recent years, Michigan has rapidly transitioned to growth in the mobility sector. Through various programs and initiatives, Michigan is working to play a crucial role in the automation of driving, certain to rock every corner of the economy over the next few decades. Organizations such as the University of Michigan’s Mobility Transformation Center, the Michigan Department of Transportation, Business Leaders for Michigan, the Ame