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A shipping industry consortium says freight transport and cargo handling organizations need to pay greater attention to ensuring compliance with mandatory regulations over certain cargoes that can catch fire and cause significant damage and casualties. Examples are: Logs and timber Steel Coils Marble and granite
Cargo theft is on the rise, and industry stakeholders have had enough. More than 80% of respondents to an April survey by the freight broker trade group the Transportation Intermediaries Association (TIA) said they’d experienced at least three different types of freight fraud in the previous six months, for example.
The less-than-truckload (LTL) industry updated its load pricing standards on Saturday, making this the first week that the revamped National Motor Freight Classification (NMFC) system has gone live to help shippers and carriers determine delivery rates, according to the National Motor Freight Traffic Association (NMFTA).
It’s a decision that directly impacts delivery timelines, transportation costs, cargo integrity, and your ability to keep promises to customers. Example: If your distribution center is in Pennsylvania, the Port of New York/New Jersey might seem like the logical choice. Choosing the right port isn’t just a matter of geography.
Economic activity in the logistics industry expanded in May, marking a second straight month of higher activity following a seven-month low in March, according to the latest Logistics Manager’s Index (LMI) report, released today. during the month, for example. Transportation metrics held steady during the month. and no movement.
The transportation, logistics, and energy storage sectors are undergoing profound transformation, driven by rapid technological advancements, evolving consumer expectations, and the global pursuit of sustainability. In transportation and logistics, this has manifested as a significant focus on electrification and renewable energy integration.
From artificial intelligence to automation, these innovations are not only optimising efficiency but also enhancing safety, sustainability, and profitability in an industry critical to global trade and environmental preservation. Robotics are also making waves in the industry. The potential for AI goes beyond efficiency.
Take the six professionals selected as our 2025 Rainmakers, for example. This year’s selections represent different facets of the business—practitioners, consultants, industry organization executives, and academics. She is widely recognized as an industry expert and respected for her research and contributions to the trucking industry.
We spoke with CTSI-Global to learn more about their approach to transportation management and the solutions they provide for businesses navigating the complexities of supply chain operations. CTSI-Global operates at the intersection of logistics and technology, focusing on solutions that address the challenges of transportation management.
The Relationship Between Tariffs and Freight Rates Protecting domestic industries is the main goal of tariffs and other customs duties, which are levied as taxes on imported goods. For example, the need for container shipping from China may decline if U.S. This is also fueling inflationary pressures in the U.S.
With the ability to carry larger payloads over extended distances, autonomous vehicles are better suited for transporting bulk goods between distribution centers and other logistics hubs. Tesla and TuSimple are investing in self-driving truck technology to increase operational efficiency over longer transport routes.
Third party logistics providers that consider their activity to be rooted in traditional transport and the physical carriage of goods may go the way of the American railroads, which failed to see how aircraft and the private motor car would so drastically affect their transportation market and rob them of so much of their market share.
In addition, other infrastructure repairs which impact freight transportation in and around Ashville, North Carolina are still not completed. These events impacted everything from facility operations and transportation routes to energy costs and inventory management. tallying a staggering $182 billion in damages.
Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change. Similarly, shifting freight from road to rail or waterways offers lower-emission alternatives for long-haul transport.
Many enterprises have taken heed and determined that inbound and outbound transport and warehousing are consequential processes of their business rather than fundamental or core processes. This has fuelled growth of the third-party outsourcing industry and expansion of scores of logistics service providers. Performance is sub-optimal.
According to Crowley, the most dangerous threat in today’s freight industry is “the rise of identity theft and synthetic carrier profiles. A cornerstone of this evolution has been industry collaboration. “A Crowley’s approach to fraud prevention has undergone significant transformation over time.
For example, a mid-sized e-commerce company that partnered with a 3PL was able to reduce its shipping costs by 25% thanks to the provider’s bulk shipping agreements. By taking advantage of the economies of scale that 3PLs offer, businesses can eliminate the need for large investments in warehousing, transportation, and labor.
The 3PL can then help the customer drill down further to determine the size and type of facility required and analyze the impact of a potential move on transportation costs, for example. In other instances, customers may require less formal guidance—perhaps a list of available warehouse space in particular regions of the country.
Several ways to increase cleanliness of your shipments and lessen the migration of pests via cargo and containers have been brought to light by worldwide freight transport. The emerald ash borer, a devastating wood-boring insect found in China and eastern Asia, is an example of a pest that is expensive to eradicate. According to U.S.
To date, the majority of those projects have occurred in Europe, but Larson says rising industrial real estate costs here at home are spurring interest across the country. There should be no impediments, such as totes or boxes on the floor, for example.
Schneider Electric provides energy management and industrial and building automation products and services. They also produce industrial automation solutions that allow factories to monitor and control production. Carbon reduction and transportation savings tend to go “hand in hand” unless we are shipping by air.
It encompasses multiple aspects such as transportation, warehousing, loading and unloading, packaging, circulation processing, distribution, and information processing. With the development of the digital wave, Robotic Process Automation (RPA) technology has gradually emerged as an important tool in the international logistics industry.
In this insightful transport management focused episode of Logistics Business Conversations , Peter McLeod sits down with Jonah McIntire , Chief Platform Officer at Trimble, to explore how artificial intelligence—particularly generative AI —is reshaping the logistics and transportationindustries.
The maritime transportationindustry is undergoing significant transformation, driven by the increasing need for cost reduction, enhanced operational efficiency, and growing competition within the global supply chain. Gemini is a major development in the global shipping industry.
Industries such as automotive, electronics, and retail are particularly vulnerable. Institute for Supply Management: ISM These delays are often compounded by damage to domestic transportation infrastructure—rail lines, highways, and bridges—which slows the movement of goods inland from affected ports. companies but global operations.
Freight transportation makes up over 10% of total global carbon emissions. Reducing emissions from transportation is crucial to achieving organizations sustainability goals. For example, reduced emissions could result from streamlined routing or fewer trips due to improved demand forecasting.
Starting a delivery and transportation business can be incredibly rewarding, but like any venture, it requires careful planning. For a delivery and transportation business, your executive summary might include: A brief description of the services you’ll provide (e.g., through 2027. loyalty programs, referral bonuses)?
Transport Layer: Ensures dependable data transfer. Transport Layer: Reliable Delivery The transport layer ensures that goods and information are delivered reliably, similar to how data packets are delivered in networking. For example, coordinating inventory management systems with demand forecasting tools. •
They emphasized being an Industry Cloud Complete Company with industry-specific solutions for over 2000 micro verticals across Process Manufacturing, Distribution, Service Industries, and Discrete Manufacturing. Industry-specific content is available for processes like Source to Settle, Procure to Pay, Order to Cash, and more.
Despite these reductions, the industry faces complex economic, regulatory, and technological challenges that impact its scalability. For example, current costs for private space launches range from $2,600 to over $10,000 per kilogram, depending on the mission, which poses a barrier for smaller companies.
For example, in the UK, duty on a bottle of wine is currently £2.23, and on top of that, there’s a 20% VAT. For example, Ryanair was supposed to get 20 deliveries before the end of December. The Ryan Air CEO Michael O’Leary said in his 30 years in the industry he has never seen capacity constraints to the current extent.
Access will be available seamlessly through Cass’s Single Sign-On (SSO) integration, allowing users to gain insights driven by the combination of their transportation data and FreightWaves SONAR’s real-time intelligence across North American markets and lanes. About Cass Information Systems Cass Information Systems, Inc.
Transportation options: Costs and lead times for each available transportation mode. Transportation costs: Freight rates, fuel and labour costs, and other transportation expenses. Route data: Transportation routes, distances, and transit times. Inventory turnover: Inventory turns for each SKU.
The new Dublin-based site leverages DHL’s specialist services to directly address the unique needs of businesses in these industries. For example, life sciences and healthcare customers at the new site benefit from the guarantee of zero time out of refrigeration for relevant products, with unloading docks sealed to vehicles.
Additionally, compliance with regulationsespecially for industries like electronicsprotects businesses from legal risks. High Cost and Complex Processes Managing returns requires additional expenses for transportation, storage, and labor. On a broader scale, effective reverse logistics supports sustainability efforts.
Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically. Embrace Automation for Efficiency Automation has proven to be a powerful tool for cutting supply chain costs across various industries. Solution: Build and maintain relationships with multiple suppliers for critical goods.
Common examples of Supply Chain Disruptions So what are the main reasons that you need to consider supply chain resiliency in the first place? Not only does this spread the risk, but transportation costs are lower. Localising your supply chain can significantly reduce transport costs.
As customers increasingly demand rapid and reliable delivery, optimizing this final leg of transportation becomes essential for businesses aiming to enhance customer satisfaction and operational efficiency. In today’s fast-paced e-commerce landscape, last-mile delivery has emerged as a critical component of the supply chain.
The Business Problem: Single-Source Dependencies Single-source, globally concentrated supply chains have emerged as a major point of vulnerability for many industries. AI-powered platforms enable companies to dynamically adjust transportation, routing, and distribution in response to real-time changes such as delays or disruptions.
Over a relatively short period, a transport or fleet manager’s ability to support an efficient distribution network through route and delivery optimisation has shifted from almost nil to almost limitless. Finally, we arrived at what we can consider today’s industry-leading software, which we’ll look at now in more detail.
Golden State Foods Golden State Foods www.goldenstatefoods.com Sector: Food production, Food supplier, manufacturing Customer client: Golden State Foods About the project: Long-time industry standards have included a production workforce that manually ensures patties are up to standard, while fulfilling packaging needs.
Reshoring helps minimize exposure to such risks by reducing dependence on overseas suppliers and long-distance transportation. Shorter transit distances mean fewer opportunities for product loss or damage, a crucial factor for industries like automotive manufacturing. The Challenges of Reshoring: A Supply Chain Perspective 1.
Take the example of a U.K.-based However, the real nuance comes into play when looking at a single mode of transport, particularly road freight. it has several road transportation options available, each with different price points, service characteristics, and risk profiles: Partial truckload (PTL). Consider that U.K.
A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. Why Are KPIs Important?
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