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I have read a lot about " control towers " and " big data " lately as I am sure many of you have. This has led me to ask myself, "What will I do with all that data"? More so, I also ask myself, "does more data really result in better decisions or does it get in the way - create so much "noise" that I cannot even see what is really going on"? In previous times we would ask ourselves if we could see the forest through the trees?
What happens when a careful, well-researched decision ends up provoking an unexpected amount of outrage from your target customer base? How do you deal with unpredictable outrage?
The fear mongering that has gone on about the hours of service (HOS) changes taking effect on Monday remind me a lot of the Y2K fear. For those who were around then remember the TV networks showing every major city in the world as Y2K hit? The idea was to see if the lights all turned out, the computers shut down and some sort of Mad Max - Beyond The Thunderdome scenario would start?
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
I will be using twitter a lot more than the blogging site as I will be attending the ACT EXPO 2013 this week. Please follow me at: my logisticsexpert twitter feed. twitter/logisticsexpert. I will follow up with at least a nightly recap.
As I said on my last post I would come back to this topic as it truly has become the most interesting transportation topic to come up in a while. Not only are there articles being written about this but tonight on Mad Money Cramer talked about it. He thought the Union Pacific was to become the big benefactor of this operation. Really interesting and starts putting meat on the bone for those who are shipping retail products.
As I said on my last post I would come back to this topic as it truly has become the most interesting transportation topic to come up in a while. Not only are there articles being written about this but tonight on Mad Money Cramer talked about it. He thought the Union Pacific was to become the big benefactor of this operation. Really interesting and starts putting meat on the bone for those who are shipping retail products.
I am short on time as I am heading to the Alternative Fuels Conference ( ACT 2013 ). I wanted to give the light of day to this article on the growth of Crude by Rail (which I mentioned as a trend back here ). This has huge impact on the movement of crude and will likely impact the movement of retail goods. Think about things such as priority of movement on track, where capital spending will go and the locomotive resources.
I hear a lot about benchmarking in my travels and it makes me think about this idea, why it is used and what it really is. What also fascinates me about the subject is the real forward looking business leaders never really care what their competition is doing. The reason is they are so far ahead of the competition it just does not matter. Could you imagine Steve Jobs worrying, wondering or working on what Sony was doing?
Yesterday I blogged about the " One Big thing " for managing your 3PLs. This was essentially ensuring the incentives and goals of the 3PL perfectly align with you as the shipper. I talked about how no one can really serve two masters and each will always act in their own best interest. It is for this reason those interests have to be perfectly aligned.
The Wall Street Journal reported on two major industry suppliers today - Navistar and Michelin. For Navistar, the story continues to be bleak. Due a major, almost existential mistake with how they dealt with emissions control. (went against DEF initially) they have been struggling since 2010. In fact, they essentially pay fines for the trucks they sell because until recently, when they teamed up with Cummins, their trucks violated EPA standards.
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
As I travel and speak to industry leaders I am always asked about strategies for shippers to manage their 3PL relationships. There are many theories from transactional "beat them down" relationships (which I do not advocate) to the " Vested Outsourcing " espoused by Kate Vitasek (Which I believe is a great framework for how to manage any third party relationship).
There are two economies developing and it is very important you do not confuse the two. The first economy is the financial economy. This is Wall Street, investing, arbitrage and commodities. When bundled together this economy is on a tear. It is booming and if your business is just to make money with money the Fed has become your friend and your company is most likely doing very well.
On June 3 the Institute for Supply Management issued their May ISM index and it came in at 49. Unfortunately, this means the manufacturing component of our economy actually contracted in May (despite all the talk of a manufacturing renaissance). This is the lowest since November of 2012 and the lowest level since June of 2009. Both the price index and employment index showed decreases as well.
The May Cass Freight Index is out and it is clear that rates are staying flat and volumes are a bit behind where they were last year. Despite never missing an opportunity to say "Hours of Service (HOS) in July will cause rates to go up" the industry is starting to see the interesting phenomenon that the economy can have positive GDP rates yet freight volumes do not increase enough to put pressure on rates.
Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for
A fascinating discovery occurred the other day on my way to Chicago from Michigan. As I was driving down I-94 I saw a delivery truck coming the other direction. It looked a lot like the size / model of a UPS truck except it was somewhat lime green. On the side of the delivery truck was a logo that said " Amazon Fresh ". It had the distinctive Amazon "arrow" logo and I thought to myself - OK, here it comes.
Many have always said crude by rail was just a "stop gap" until new pipelines are built out to support the new finds of oil all over North America. However, as this article in the WSJ points out (subscription required) Kinder Morgan is canceling a $2Bl pipeline project because West Coast refiners want the crude delivered by rail. Pipelines lock contracts for a long time where rail is far more "variable".
As we discussed a few weeks ago, the reporters at the fantastic Planet Money podcast have been walking their listeners through the myriad ins and outs of the fashion and apparel logistics industries in an innovative way — by designing and manufacturing their own t-shirt from scratch. The process quickly proved to be vastly more complicated and full of valuable insights than they had expected.
The global trade landscape is shifting. If President Trump’s proposed tariffs come into effect, they will impact your logistics in significant ways. Our free guide provides essential insights for consumer brands and manufacturers. It is crucial to understand what these challenges mean for your logistics operations, and more importantly, how to prepare.
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