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The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Regulatory Demands: Governments worldwide are enforcing stricter emissions standards and introducing carbon taxation schemes, pressuring companies to adapt.
Prior to her time at USDOT, Reinke spent 16 years at CSX Corporation in their Federal Affairs office, ultimately serving as the Vice President – Government Affairs, overseeing the Federal, State Government and Community Affairs Departments. She received a B.A. from Rice University in Houston, and a J.D.
Prior to her time at USDOT, Reinke spent 16 years at CSX Corporation in their Federal Affairs office, ultimately serving as the Vice President – Government Affairs, overseeing the Federal, State Government and Community Affairs Departments. Features 21 showcase presentations with innovations that will advance the industry.
Meet Michael Webber: Unmasking the Secrets of Corporate Governance in Ocean Shipping since 2016. His Annual Scorecard Reveals All - Good, Bad, and Ugly. Discover How Investors Are Reacting to Low Ratings and Why IPOS are Failing. Unraveling the Tangled Web of Related Party Transactions for Shareholder's Benefit.
Tom Curee and Joe Lynch discuss TIA Technovations, a logistics and transportation conference designed to explore technology trends and innovation driven by logistics industry leaders. He has served as the TIA Technology Committee Chairman the last few years, bringing awareness to the many tech solutions in our industry.
A prominent climate conference has led to new progress on shipping industry climate regulations. Now, it has been announced that over 60 private and public maritime organizations, as well as various governments at the national and regional levels have banded together to make a bold commitment.
Chip Lilliewood, vice president of government programs and channels with Dun & Bradstreet, and Bill Solms, president of Qomplx, explain the new Cybersecurity Maturity Model Certification (CMMC), issued by the U.S. Department of Defense for all suppliers in the government’s defense industrial base.
” In a recent video message to union members, shared during the September meeting, Dennis Daggett, executive vice president of the ILA and son of Harold Daggett, described automation as a “cancer” in the port industry. government will be able to afford a prolonged strike.
Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. The manufacturing industry has seen challenges, from changes in the way people work to the rapid growth in demand, with many of these challenges accelerated by the recent covid-19 pandemic.
The logistics industry is taking on a different shape and approach every day. The change is constant, and changes in the logistics industry come from multiple directions. The logistics industry controls and contributes to the economy of any country as they bring in foreign currency.
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Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. The manufacturing industry has seen challenges, from changes in the way people work to the rapid growth in demand, with many of these challenges accelerated by the recent covid-19 pandemic.
To do this, those of us in the supply chain industry must step up! Someone to quickly build an online marketplace that includes (a) Ukraine government and key NGO needs on the ground; (b) suppliers that can meet these key needs; and (c) logistics companies that can deliver these supplies. Ben Gordon.
from AAA to AA+, citing erosion of governance, Federal Reserve tightening and rising government deficits, has raised questions regarding the bizarre timing of the downgrade. But, with the upcoming BRICS meeting on the horizon, it is essential to explore how this downgrade timing might be a warning sign for the status of the U.S.
The climate change crisis has become a top priority for nations worldwide affecting everyone and all industries and therefore it is no surprise that governments are working to cut carbon emissions wherever possible. We take a deeper look at some of the ways to decarbonise the shipping industry. Alternative Fuels.
As 5G networks continue to expand, these changes will become even more widespread in the logistics industry. Collaboration between governments, tech providers, and logistics firms will be key to overcoming these obstacles. Maintenance predictions also benefit from the technology, allowing for proactive fleet management.
This is the promise of smart contracts, a blockchain-driven innovation that’s beginning to impact the global supply chain industry. How Smart Contracts Improve Procurement Automated Payments: When a supplier meets predefined conditions (e.g., This creates opportunities for fraud, inefficiency, and payment delays.
While this utopia sounds far-stretched for some, it also illustrates the possibilities presented to manufacturers and distributors by Industry 4.0. The term ‘industry 4.0’ In a nutshell, Industry 4.0 The World Economic Forum goes on to highlight two elements that make industry 4.0 Task Force and even set up Industry 4.0
We previously reported that last week, the International Maritime Organization (IMO) was meeting to see if they could agree on updated greenhouse gas emission reduction rules as climate change accelerates. By 2030, the shipping industry has a target to achieve 5% to 10% of energy from non-fossil fuel sources.
While this utopia sounds far-stretched for some, it also illustrates the possibilities presented to manufacturers and distributors by Industry 4.0. The term ‘industry 4.0’ In a nutshell, Industry 4.0 The World Economic Forum goes on to highlight two elements that make industry 4.0 Task Force and even set up Industry 4.0
As discussed over the past eight months on More Than Shipping, support to reach a carbon neutral future for the shipping industry by the year 2050 has grown. Last week in London, Nigeria, Chile, and Vietnam were among countries calling for a net zero, or carbon neutral, goal for the shipping industry by the year 2050. New Developments.
This aligns with corporate sustainability goals and helps companies meet regulatory requirements related to emissions and energy consumption. Scalability and Flexibility Both solar energy systems and robotics are highly scalable and can be tailored to meet the specific needs of a warehouse.
Although we are unable to accurately predict the future, we are able to pinpoint some potential problems that the shipping industry may experience in the coming years based on current trends and difficulties. Also, automated and autonomous technologies have the potential to change the shipping industry and displace workers.
Ryan Collier is a Principal Designer at Convoy focused on understanding the problem space and designing solutions to meet the needs of transportation professionals. Prior to joining Convoy , Ryan designed and led design teams in education, healthcare, and government services.
The UK Government must ensure policy supports the decarbonisation of London’s logistics sector if the UK is to meet net zero ambitions, according to a new report released today. The industry recognises it is a significant source of GHG emissions and other environmental impacts; it is eager to accelerate its decarbonisation.
Now, another round of layoffs has arrived, impacting the logistics industry. Interest rates may go down after the next Federal Reserve meeting, but it will continue to require adjustments on the business and investor sides to account for higher borrowing costs. Who is affected? We will keep you posted at More Than Shipping.
In this post, we’ll do a deep dive into less-than-truckload (LTL) industry trends to watch for 2022, and highlight actions that shippers should consider to guide their strategy throughout the year. LTL Industry Macro Trends. Three Factors Shaping the LTL Industry. Use expedited service. Leverage regional LTL networks.
The food and beverage industry has faced significant challenges and growth over the past couple of years. After several unpredictable years, many hope we’ll see more stability back in the industry. In this blog, we’re going to dive into some of the latest trends in the food and beverage industry. would save 3.2
Smart warehouses, governed by standards like ISO 9001 for quality management, are also integrating AI systems to optimize inventory management and automate the loading and unloading processes. Leveraging government incentives and grants aimed at promoting Industry 4.0 What Are The Challenges?
National fuel supplies , prioritised sovereign defence industries and national manufacturing capacity , economic resilience in an era of globalisation. They are truly national issues, and will never be solved by Defence, or any other arm of Government, independently. These contemporary, popularised, topics certainly give us pause.
In September 2021, South Korea pledged to completely dominate main rival China, while also minimizing the Japanese shipbuilding industry. However, China’s shipbuilding industry only began to take off in the last few decades. This is due to the Chinese government’s investments in the industry.
The chemical industry faces challenges such as volatile raw material prices, shortages , supply chain disruption, and more. The chemicals industry is one of the most important sectors, with 96 percent of all manufactured goods depending on them. Here are some of the biggest challenges affecting the chemical industry.
Government and private industry alike have set ambitious targets for the production of electric vehicles. But will their efforts be short-circuited by a broken battery supply chain?
Industry is responding. Regardless, manufacturers actively seek ways to improve their environmental, social, and governance (ESG) scores by reducing their holistic carbon footprint to attract/retain investors, customers, and employees. This repositioning includes rebranding itself as a “carbon management industry.”.
In response to the Covid-19 outbreak, federal and state governments in the U.S. have temporarily modified regulations to help the trucking industrymeet the challenge.
The lessons that prepare defence forces and government institutions for crisis responses need not come from history books. The impact of this turbulence on essentially fragile national logistics, commerce and industry capability is starkly evident and has forced the nation to consider its national resilience. By David Beaumont.
The government is intervening to keep both ports operating 24/7, as it tries to wrestle delays and inflation under control. government is put behind breaking this long-running logjam. The National Guard may become involved in ensuring that the port complex operates efficiently to meet the needs of U.S. This week, U.S.
ESG stands for environmental, social, and governance, and is a framework that evaluates a company’s performance and ethical behavior. It’s a set of practices that organizations use to limit negative impacts or increase positive impacts on the environment, society, and governance bodies.
This typically means that both freight volumes and tender rejections are low, suggesting overcapacity in the industry. Additionally, we are seeing real weakness in the trucking industry with the bankruptcy of Yellow a few months ago. Convoy was a digital freight broker that was supposed to shake up and disrupt the trucking industry.
Logistics Business : With the parcel industry growing, how is Quadient differentiating itself from its competitors? Gary Winter: “Differentiating in the locker industry is quite challenging right now. Digging a little deeper, however, you find that the industry is essentially divided into two camps.
This is important, as it defines the scope of work, payment terms, service level agreements and all the other bits that govern the logistics service. Warranty Clauses Warranty clauses are an important part of a 3PL contract, as it gives you assurance that the logistics provider will meet certain service standards.
Among key insights , we learned that finance leaders are realigning their 2022 priorities to meet changing business needs. This is especially critical to the US Food and Beverage industry respondents ( 69% ). 4. Managing governance and risk.
Shipping executives and industry leaders alike already know the importance of reducing emissions in the shipping industry and the need for green initiatives, as they look to protect the environment and meet customer demand for cleaner shipping. That trend will continue throughout the year.
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