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A key to efficiency and profitability in commerce is the ability to match supply with demand at its optimal, market-based price, and make that pricing available to customers – all in real time. . Likewise, opacity creates inefficiency : it either lets capacity go to waste or leaves money on the table by underselling a valuable commodity. Market-optimized pricing and capacity will finally become the standard in air cargo – if the industry is able to follow the lead of other industrie
Final Mile, also commonly referred to as Last Mile, refers to the very last leg of any shipment’s journey: from the transportation hub to the end-user. A lot of times, this is a customer, and their location is a residential address. That said, Final Mile is not just about parcel deliveries, even though that’s usually the first image that comes to mind when thinking about it.
The application of freight data holds immense potential. Logistics data is valuable to shippers, freight forwarders, logistics brokers, supply chain partners, third-party logistics providers, customers, and everyone else in the supply chain. Moreover, logistics data is an immensely complex arena of information. It includes shipment status, expected time of arrival, the likelihood of disruptions or.read More.
Technology is fast evolving and so is its adoption by vast industries like supply chain where it is been used more creatively and expansively. RFID (Radio Frequency Identification) is one such innovation which is widely used in Supply Chain and Logistics as it’s efficient and saves time. What’s RFID? RFID is a tool to read & understand digital data encrypted in RFID tags through a reader via radio waves.
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.
The Chinese New Year period is one of the slowest periods for ocean shipping as many factories close for up to four weeks and many people travel back to their home cities to visit their families. Most offices are closed for a week and everything slows down during this time. Coronavirus could not have emerged at a worse time. The Chinese New Year period is considered to be the biggest migration of people where an average of 400 million people move around to reach their destinations.
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It has never been easier to sell and buy things online or ship items internationally. Whether you’re an individual entrepreneur or a small business, you can benefit from the rapid development of cross border e-commerce. Numerous marketplaces made it possible to access customers across the world. For example, shipping to Canada can be a great start for U.S. retailers or businesses.
The retail landscape has been undergoing a massive transformation for the past decade. Online purchases have hit an all-time, with consumers purchasing $517.36 billion worth of goods and services online with U.S. merchants in 2018. This is a 14.2% increase over 2017, showing that it’s not about to go away any time soon. Although, with total retail sales in 2018 at $3.628 trillion, eCommerce is still only 14.2% of overall retail purchases.
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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
In an analysis of the largest 100 U.S. industrial & logistics leases by square footage for 2019, Los Angeles-based industrial real estate firm CBRE reported this week leases inked in the food & beverage industry, as well as in e-commerce and logistics led the pack, with some varying shifts.
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Motor Coach Ind. (MCI), a U.S. subsidiary of NFI Group Inc., an independent global bus manufacturer, says the San Diego Metropolitan Transit System (MTS) has ordered 24 MCI D4500 commuter coaches powered by natural gas. MTS is decreasing its fleet emissions with the purchase of CNG-powered MCI coaches, which will replace 12-year old diesel intercity […].
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In this week's edition of the Overdrive Radio podcast, Scott Carlson details an inexpensive piece of equipment he’s got in his truck, as do the rest of the trucks in the fleet he's driven for the last 17 years out of New York state. This little device, he knows, likely saved his life last week. In this week's edition of the Overdrive Radio podcast, Scott Carlson details an inexpensive piece of equipment he’s got in his truck, as do the rest of the trucks in the fleet he's driven for the last 17
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