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Truck N’ Hustle provides the news, stories, resources, and tools for transportation and logistics professionals to be successful in the trucking business. About FreightFest 2023 FreightFest 23 , presented by Truck N’ Hustle, is an eagerly anticipated event in the Trucking, Transportation & Logistics industry.
With five decades of experience, DGL stands out from other freightforwarders by offering advanced consultingand contingency planning that anticipates disruptions before they occur. Real-Time Tracking and Visibility : DGL offers state-of-the-art tracking tools that give you real-time visibility into the status of your shipments.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
So when it’s time to start importing your goods, why add to that workload by trying to figure out the logistics of shipping freight? Simplify your life and streamline the shipping process by hiring the right freightforwarder. If you’ve got the right freightforwarder, they are a ready-to-go logistics department.
The industry that had been the slowest to embrace the change was at the forefront of adopting the latest technologies and advantages they had to offer, mainly as a result of once-in-a-generation events and black swans that occurred one after another. The Change. The Acceleration or Deceleration?
According to a report by Goldman Sachs, “As tools using advances in natural language processing work their way into businesses and society, they could drive a 7% (or almost $7 trillion) increase in global GDP and lift productivity growth by 1.5 How will industries like freightforwarding and people in shipping will be impacted?
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
Plus, extreme weather events and changing storm patterns challenge seafaring vessels. Managing critical factors effectively with intelligent tools supports reducing the environmental footprint as well as deliver bottom-line energy-saving results. [1] from originally 3.5% as of January 1, 2020 [3]. 1] [link]. [2] 2] [link]. [3]
On 6th-8th October 2021, an international trade fair and conference in the field of logistics and the entire supply chain WOF (World of Freight) Expo took place in Bratislava. The event was held under the auspices of the Ministry of Transport and Construction of the Slovak Republic and the auspices of the Bratislava self-governing region.
In today’s logistics environment, EDIs (electronic data interfaces) and the Internet are the most used tools to transfer documents among buyers, sellers, vendors, banks, customers and government entities. Packing list is used by freightforwarders in order for a shipment to clear U.S. Bill of Lading (BOL).
In this essay, we’ll explore Maersk’s shift, the unique asset-heavy carrier advantages that encouraged this decision, and individual products developed over the past four years to realize the vision, across their core ocean services, freightforwarding, and value added services. Forwarding parity with value-added services.
The technology detects deviations much earlier and more comprehensively compared to what is usually communicated by the carriers because it also triggers automatic event and exception alerts on the software dashboard to notify logistics managers and operators of potential issues. Cargo Not Yet Released.
The data proves it too: Since 2012, global supply chain management disruptions from extreme weather events have risen 29%, according to the Zurich Insurance Group and the Business Continuity Institute. Few have taken steps to mitigate the impact of natural disasters and extreme weather events on their global supply chain management.
The fair is a must-attend event for shippers and cargo owners, manufacturing companies, trade networks, importers and exporters. Participation in the event will provide an opportunity to learn about the highest quality services in domestic and international transport, freightforwarding and comprehensive logistics services for goods.
Geopolitical tensions, equipment shortages, and global events like the Red Sea crisis contribute to the disruption. Utilizing digital platforms and tools for real-time tracking and inventory management can provide better visibility and control over shipments. Spot rates for regional hubs have increased by over 50%.
Jensen also pointed out, though, that with capacity being used for diversions, there is little slack available should any additional disruption arise, and such an event really could cause a crisis. Otto Schacht, former CEO of K+N remarked that, back in 2000, he felt ocean freightforwarding was on the cusp of a major digital shift.
Data infrastructure has changed with cloud infrastructure, complex event processing (CEP) and the Internet of Things. With data being necessary for every freight logistics and shipping chain, transportation analytics are becoming common among transportation and freightforwarding providers.
With a sophisticated e-sourcing tool, expressive bidding projects can be easily created and evaluated automatically. Freightforwarders will therefore prudently insure a hedge against a small allotment. In our simple example, this step could have been done manually.
As a prestigious senior level leadership event, it gathers over 150 supply chain executives and influential decision-makers including CEOs, SVPs, VPs and directors. The European Supply Chain Summit, organized by Generis Group, is set to take place on November 21st and 22nd, 2023, in the vibrant city of Berlin, Germany.
The blog publishes a weekly roundup of news and events affecting global supply chains, along with content on warehousing, SaaS, cloud-based supply chain systems, blockchain and more. Freight Hub. Logistics Viewpoints. The CCN blog is a go-to resource for anyone interested in blockchain.
And as climate change triggers an increased number of extreme weather events, organisations today rely on weather condition data to ensure their supply chains continue to run smoothly. Without the capacity to then quickly reroute vessels to reduce delays in trade routes, these events become increasingly difficult to overcome.
As a result, this industrial workforce requires the right tools and technology to meet increasing customer demand. By sharing ownership of safe driving, safety managers can save time on event review and coaching—drivers also have more control over their own safety experience on the road.
Transporeon has kicked off its largest event and convention for the audience of carriers, 3PL and 4PL operators and forwarders. This new tool helps to create further transparency on the European FTL market enabling better-informed procurement strategies for shippers as well as increased asset profitability for carriers.
Thanks to this, dispatchers can forecast potential disruptions, such as congestion, adverse weather events or vehicle maintenance requirements, and preemptively adjust routes, schedules, and resource allocation. Real-time data is only useful if companies have the tools and resources to analyse it and action the resulting insights.
With direct access to more than 35,000 carriers and tools to manage and analyze complex freight rates, the company soon found that Ticontract is also backed by an experienced team of logistics professionals who offer full support for the entire process. Benchmarks are a useful tool for both shippers and carriers.
The company will debut Unisys Logistics Optimization during a virtual launch event on October 17th, and anyone interested in attending is encouraged to register in advance. This represents a substantial leap forward, as this rapid turnaround was not possible previously.
The cloud-based supply chain software can be customized to suit your industry, your transportation , freight-forwarding and warehousing specialty, import-export regulations. The cloud-based logistics has lots of metric tools. Each industry has its peculiarities, among the others, in the logistics, manufacturing, and supply.
Featuring real-time updates on active and upcoming legislation, this interactive tool provides a comprehensive breakdown of the most significant supply chain due diligence regulations impacting businesses worldwide. In response, LRQA, a leading global assurance partner, has published an online Responsible Sourcing Regulation Map.
Artificial intelligence is a potent tool that helps companies get the most from their data. So, how AI can transform how companies utilise their data through autonomous procurement, real-time ETA tools and decarbonisation? Statistical AI can be a helpful decision-making tool. This takes several forms.
Our cutting-edge software tools combined with experienced, knowledgeable analysts enables us to consider factors, like European and national events, and predict the impact on network-wide operations. “Data management to predict how our operations must adapt to pressures not by the day, but by the hour, is critical.
Freightforwarding companies face the big challenge of keeping the consequences as minimal as possible. When dealing with a crisis – whether it is caused by a pandemic, a natural disaster , or political events – we believe that, in addition to communication, three factors are crucial. How can we pass this test?
Freightforwarding companies face the big challenge of keeping the consequences as minimal as possible. When dealing with a crisis – whether it is caused by a pandemic, a natural disaster, or political events – we believe that, in addition to communication, three factors are crucial. How can we pass this test?
We also value the swift response and communication with customer service in dealing with unfortunate events.” Christian Jarnig, CEO of Fercam Austria says: “ Teleroute is an important and useful tool that allows our company to be competitive in the actual market.
In recent years, AI has become a vital tool for predictive demand and network planning. This technology involves using data to make decisions based on anticipating events, avoiding risks, and creating solutions. Enhanced forecasting accuracy.
Advanced Weather Forecasting and Planning Investing in advanced weather forecasting tools is not just a smart move; it’s a necessity. Germany’s post-2021 flood improvements in flood defenses and drainage systems show that learning from past weather events can lead to better preparedness.
With the right 4PL, you also get an immediate wealth of experience and expertise that not only allows you to cherry-pick the best choices out of multiple modes and carriers but also delivers an unmatched level of flexibility and adaptability in the face of ever-evolving global events, regulations, and other challenges. Improved ROI.
Released today, updates to Carbon Visibility will also enable fleet operators – who previously did not have access – to share transport and telematics data and use the accredited reporting tool for no additional cost. What’s more, Transporeon is adding new methodologies of calculation to the solution, based on primary fuel consumption data.
Autonomous Quotation Price negotiations remain opaque and manual in the growing freight spot market. Freightforwarders, brokers and LSPs spend considerable time manually researching and building quotes. Freight Audit minimises invoice discrepancies through upfront billing instructions.
More than 50 sessions in the conference programme, new exhibitor events daily and, for the first time, a Campus Plaza for innovation and career. There is already a list of more than 40 events, with more still to come. logistics service provider FedEx, and machine tool manufacturer Trumpf.
The comprehensive scanning procedures have seen nearly half a billion tracking events recorded to date. At Vigo, we always strive to provide our customers with the tools and support they need to achieve their strategic goals.
NARA represents a huge step forward for AI video telematics as it uses ground-breaking computer vision models with sensor fusion to assess footage. It is part of VisionTrack’s commitment to developing sophisticated AI solutions that target fleet risk, road safety and insurance improvements.
Storms, disasters, war: although a large number of negative events occur every year, it is frightening to see how slowly companies can react to such disruptions to supply chains – even in highly industrialized countries. If they were to produce in Germany, they would generally not be competitive.
The new industrial workforce demands easy-to-use tools and access to data that is in line with the modern technologies they use every day. By giving drivers more ownership over their own coaching and safety experience on the road, managers can save time on event review and instead remain focused on coaching the riskiest driving habits.
In fact, the lack of any meaningful evolution predates events such as the war in Ukraine, the energy crisis, and even the pandemic. Yet, these events have only highlighted the importance of seamless transportation to continue delivering goods globally. So why is it being neglected?
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