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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.
Breakbulk Americas , is the region’s largest trade event for the project cargo and breakbulk industry. This event will feature over 200 exhibitors, showcasing innovative solutions to aid industry progress globally and foster high-value deals among ocean carriers, ports, logistics providers, road transportation, export packers and many more.
Shippers absolutely positively need a good transportation management system (TMS) to manage their freight, but it not the only tool needed to successful. Emerge is freight procurement platform that many shippers are connecting to their TMS because most transportation management systems are not built to manage RFP events.
During her time at MIT CTL, Katie was responsible for managing industrial relations as well as working with the international network of Supply Chain and Logistics Excellence (SCALE) centers to better connect them to research and corporate engagement opportunities.
Andrew Semisch and Joe Lynch discuss smart freight sourcing, which starts with an RFP tool purpose built for freight sourcing. In the podcast interview, Andrew and Joe discuss smart freight sourcing – which starts with an RFP tool purpose built for freight sourcing. About Andy Smisch. Learn More About Smart Freight Sourcing.
Share carrier scorecards, send performance alerts, initiate pricing renegotiations, and even run procurement events like full network RFPs and seasonal mini-bids. GoodShip also helps carriers improve their efficiency and profitability by providing them with load-matching tools, real-time tendering, and other features.
Kelly is the VP, Product Management of Trimble Transportation , a technology company that offers a suite of transportation technology solutions, including fleet management, route optimization, and freight visibility tools, to improve efficiency and safety.
Just-in-time (JIT) inventory models, lean supplier networks, and offshore manufacturing reduced expenses but left companies exposed to disruptions. Companies are restructuring supplier networks, adopting just-in-case (JIC) inventory models, and implementing AI-driven forecasting to anticipate and mitigate disruptions.
AI as a Predictive Tool AI-driven supply chain planning integrates machine learning, real-time data analytics, and external risk monitoring to anticipate disruptions before they materialize. Load balancing algorithms ensure efficient distribution across Amazons logistics network, preventing bottlenecks and improving delivery reliability.
While this creates tremendous value , it also br ings the inevitable risk that certain event s can have far-reaching consequences that influence supply chain s more than ever before. Research conducted by AIMMS found that 38% of supply chain professionals require multiple weeks to address their network-related?questions.
We run one of the few truly hybrid supply chain networks. We own a significant portion of our network, but we also work extensively with partners. We’ve done a lot of customization, with Blue Yonder’s help, to create a digital twin of our entire supply network. This was meant to be an internal tool for Lenovo.
With systems like ShipFlex , retailers can tap into a broad carrier network, leveraging smart rule-based automation to quickly assign orders to carriers and track them just as effectively as captive deliveries. The post Mastering the Unexpected: Four Essential Tactics to Handle Unpredictable Events in Retail appeared first on Locus Blog.
Do we have a demand forecasting tool in place and, if so, how good is that forecast? Once you have a model in place, it becomes possible to play out various events and find the best way to react. Moreover, with a pinch of advanced analytics we can start predicting the future events and taking preemptive action.
Three months into 2025, we have seen a barrage of on-again, off-again tariffs that have supply chain and logistics teams reeling, as they must rethink everything from next weeks shipping route to their foundational network models. The Ukraine-Russia conflict is ongoing. Tensions flare in the Middle East without warning. billion to $23.07
When it comes to network design, you can’t just set it and forget it anymore. Today’s successful supply chain networks are adaptable. But network design as a discipline is complex and most organizations struggle to answer network design questions or test hypotheses in weeks. Reactive evaluation post-event is the norm.
One of the key approaches to simulating warehouse operations is based on employing discrete event simulation (DES) techniques and tools. Some very large manufacturers and logistics service providers have the capability to use these tools. Further, AMR operations require communication networks. Most companies dont.
The event has become well-established, with an American version launched last October in Las Vegas and an Asian event coming to Singapore next March. Shippers and retailers are looking for solutions and tools to assist with stock management, meet inflationary challenges and enable savings to be passed to consumers,” he says.
Mr. Masters quickly determined that a procurement event was necessary just to set a baseline. He ran a network RFP (request for proposal) event. This event taught Simmons Foods just how fluid their network was (and still is). This event taught Simmons Foods just how fluid their network was (and still is).
May 4, 2018 The speed and reliability of your distribution network is essential to your company’s success. Every day, businesses use their supply chain network as the differentiator for success. To scale, an optimized distribution network is required to meet customer expectations and business growth targets.
With over 5,000 active vendors in the PayCargo Network, you can instantly make payments for same-day or overnight release of cargo to major Air, Land, and Ocean carriers across the global intermodal supply chain. imports from any country. We’re excited to be a part of enhancing the Hapag-Lloyd customers’ experiences across U.S.
It gives us immense pleasure to announce that Locus has been listed as a Representative Vendor in the 2022 Gartner® Market Guide for Supply Chain Network Design Tools. There is also the question of rising uncertainty caused by unpredictable events on supply chain performance.
This approach requires advanced planning and reliable forecasting tools, but it can transform inventory into a more fluid, cost-effective part of your supply chain. Embrace Automation for Efficiency Automation has proven to be a powerful tool for cutting supply chain costs across various industries.
As Josh Dritz, VP of Operations Technology and Automation at Messen Medical Surgical, pointed out, Geopolitical factors, extreme weather events, labor issues, and pandemics are just a few of the challenges that constantly threaten supply chains. Use tools to automate root cause analysis and reduce dependency on manual reporting.
Live traffic updates, weather conditions, and even unexpected events such as road closures or accidents can significantly impact delivery efficiency. By integrating GPS navigation tools that leverage real-time data, drivers can receive timely updates and reroute as necessary, ensuring they adhere to delivery schedules.
Ty Findley, managing partner of Ironspring Ventures, conducted a roundtable discussion titled The Next Chapter on Last Mile, with Penny Register-Shaw, chief strategy officer of The FRONTDoor Collective, and Bill Catania, founder and CEO of OneRail, on Tuesday during day two of FreightWaves’ Future of Supply Chain event in Rogers, Arkansas.
In other forms of IoT, it’s common for enterprises to acquire IoT as a packaged system that includes IoT devices, controllers, software, and even vertical-market-specific tools, instruments, and vehicles. The second ingredient in mobile IoT is the sensor networking technology. Step six is to select an event-handling strategy.
There is limited value to running an outdated process faster, and that value drops considerably when significant portions of the process run outside the enterprise tools. Can the planning tool support analysis of the plan’s performance and variance while assessing different contingency plans to drive business outcomes?
Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk. But with a black-swan event, it just magnifies the risk.”. Sign up for virtual event updates here. ].
There are different tools, goals, and market dynamics. That processing event determines when the goods need to be delivered to the next stop. It was quickly determined that a procurement event was necessary just to set a baseline. Procurement ran a request for proposal event. We did not have a great spot tool.”
Your organization’s ability to anticipate disruption, adapt to events, and build resiliency is rooted in how you maintain operational continuity. A wide range of events could prevent your supply chain from operating normally, but not all events have an equal impact. Trade disputes and tariffs.
China trade disputes, have intensified pressure on supply networks. By leveraging these innovative tools, businesses can not only mitigate risks but also secure future growth and stability in an increasingly uncertain environment. IoT technology has become a critical tool for boosting visibility across supply chains.
Companies that invest in the right tools can enhance efficiency and streamline their sales operations. The following key steps can optimize logistics sales: Lead Generation : Identify and reach out to potential clients using digital marketing, networking, and cold outreach.
Supply Chain & Logistics News Round-Up Sept 23rd- 27th This week I was busy attending various Climate Week NYC events, allowing me to step outside my usual bubble of supply chain and sustainability. I attended multiple events focused on the built environment, embodied carbon, digital decarbonization tools, and storytelling.
Situation Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises.
It is important to have a robust incident response plan in place for your distribution operation in the event of a cybersecurity breach. This plan should outline specific steps to be taken in the event of a breach, including who to contact and how to contain and mitigate the damage. It should also include regular testing and updating.
This year’s conference is bigger and better than ever before, combining multiple industry-leading events into one action-packed event. It will also include thought-provoking workshops, networking opportunities with 1,000+ service professionals, and exciting entertainment. Time To Read: 2 minutes. Giannetto, CEO of WorkWave.
To optimize their delivery operations, these companies engage in strategic route design on an infrequent basis or when some big event occurs in the company. Why Do a Delivery Network Re-route Now? Here’s why your company needs a delivery network re-route now and an ongoing strategic routing process: Your customer base is changing.
When it comes to network design, you can’t just set it and forget it anymore. Today’s successful supply chain networks are adaptable. But network design as a discipline is complex and most organizations struggle to answer network design questions or test hypotheses in weeks. Reactive evaluation post-event is the norm.
As a result, data security and compliance have become a critical component of logistics operations, although implementing adequate controls can present numerous challenges in these complex networks. In fact, courier delivery networks that operate independently of an integrated platform have been flagged as a significant SOX risk.
To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supply chains to collaborative supply networks and actively design their supply chains. Inflation, pandemics, railway strikes, adverse weather events – the supply chain disruptions keep on coming. What’s the cost of doing nothing?
Through the use of technology, Terrapinn, the event management company that held the conference, was able to maintain the essence of the show. Through the use of Swapcard, an event and networking app, attendees were able to connect with exhibitors and stay abreast of scheduled sessions, events, meeting requests, and more.
Businesses continue to deal with inventory logjams, overwhelmed transportation networks and soaring freight rates supported with mistrusted service expectations. For example, businesses that provide decorations and supplies for holiday events often find order volume is compact and can be shipped on a few pallets with its LTL partners.
When my fiance heard about the price, he advised that I find a local hairdresser and set up a frequent-shopper account with them for a few months until the tool is back in stock. We can say things have changed, and the pandemic is not just an anomaly event after all. Network bottleneck identification. Network cost modeling.
M odern transportation networks and supply chains continuously adapt to market volatility and transitions. Proper vetting of carriers helps ensure risk management, and creates a re liable network for future growth, scalability and flexibility. . Rapid Scalability and Leveraging the Collective Buying Power of a Large 3PL .
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