IoT World Today

MAY 21, 2020

Practitioners must develop a data analytics strategy that gives them insight into supply chain aberrations before catastrophe sets in. “If Shipping from Asia is delayed by weeks given soft demand for apparel and other products, and some suppliers are turning to the airline industry — with air travel down by 95% — to reduce delays.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

MTS Logistics

DECEMBER 18, 2023

As we approach the conclusion of 2023, the maritime shipping industry faces challenges that have impacted ocean carriers with declined profits and increased price-driven competition. However, here is my take in terms of what to expect for ocean shipping and in the broader shipping industry.

Negotiating Skills 111

Negotiating Skills Price Reduction Industry Sourcing Strategies 111

Logistics Business Magazine

FEBRUARY 21, 2023

P&O Maritime Logistics, a leading provider of maritime services globally, today announced plans to convert one of its Multi-Carrying Vessels (MCV’s) into a Cable-Laying Vessel (CLV). Martin Helweg, CEO of P&O Maritime Logistics said: “The conversion of our vessel is a real step change.

Maritime 63

Maritime Logistics Network Optimization Software Logistics Study 63

MTS Logistics

AUGUST 25, 2023

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.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Industry Waste Reduction 98

Logistics Viewpoints

OCTOBER 18, 2024

Successive governments have determined that applying zero duty on wine is the best strategy to help winemakers keep producing and selling. 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. They will probably come now in January and February.

Supply Chain Planning Software 114

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 114

Logistics Business Magazine

JANUARY 9, 2024

RightShip, a leading environmental, social and governance (ESG) focused digital maritime platform, has today announced a partnership with Port of Sudeste, located in Itaguai, Rio de Janeiro, to start utilising RightShip’s Maritime Emissions Portal (MEP) for the first time in the Latin American region.

Maritime 58

Maritime Modeling Software Logistics Network Optimization Software Strategy 58

Dedola Global Logistics

DECEMBER 9, 2024

Ports: What Importers Need to Know As the International Longshoremens Association (ILA) and the United States Maritime Alliance (USMX) prepare to resume contract negotiations in early 2025, the stakes are high. Connect with us to explore customized strategies that keep your supply chain steady, even in uncertain times. port operations.

Negotiating Skills 75

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MTS Logistics

DECEMBER 6, 2024

Said Maersk Head of Asset Strategy and Strategic Partnerships, Ahmed Hassan. We thank our partners for working with us to move the industry further towards enabling a future with decarbonized ocean transport, added Hassan.

Ordering 105

Ordering Capacity Maintainability Scenario Planning 105

3PL Links

OCTOBER 22, 2024

Image source: Pexels | Shipping Trends for 2025: What Will Change and How to Adapt The logistics industry is continuously evolving, and as we move closer to 2025, businesses will face a range of transformative changes. At 3PL Links , we are committed to practical and effective solutions that align with industry changes and customer needs.

Cost Reduction 62

Cost Reduction Price Reduction Sourcing Strategies Resource Reduction 62

MTS Logistics

NOVEMBER 15, 2021

So, I decided to not write about all the issues with the supply chain, but rather where those issues will take us as an industry from the corporate to individual level. So, how will the shipping industry look in 2-3 years from now? In the shipping industry, there are so many moving parts within so many different technology levels.

Industry 111

Industry Supply Chain Software Sourcing Strategies Price Reduction 111

MTS Logistics

DECEMBER 11, 2023

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.

Meeting 104

Meeting Groups Negotiating Skills Supply Chain Planning Software 104

Logistics Business Magazine

DECEMBER 1, 2023

The CEOs of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO), the global regulator, to create the regulatory conditions to accelerate the transition to green fuels and maritime decarbonization.

Maritime 56

Maritime Price Reduction Cost Reduction Sourcing Strategies 56

Logistics Business Magazine

AUGUST 9, 2024

With the official departure from the European Union on 31st January 2020, followed by subsequent negotiations and agreements, the impacts continue to reverberate throughout the industry, raising questions about its future trajectory.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Negotiating Skills Industry Cost Reduction 100

MTS Logistics

JULY 19, 2024

It will enable us to streamline the way we fulfil contracts and resolve exceptions, keeping our customers at the heart of every discussion and decision”, s aid André Simha, CDIO of MSC Meanwhile, another industry giant, CMA CGM, recently announced a strategic partnership with Google to integrate an AI system into its global operational processes.

Optimization Software 98

Optimization Software Logistics Network Optimization Software Supply Chain Software Procurement Solutions 98

MTS Logistics

AUGUST 14, 2023

The once-tranquil seas are undergoing noticeable transformations, with the impacts of rising temperatures affecting maritime operations. From restructuring trade routes to adhering to strict regulations, the shipping industry faces a host of new challenges as it seeks ways to a more sustainable route.

Maritime 98

Maritime Temperature Exercises Scenario Planning 98

247 Customs Broker

JANUARY 24, 2019

The government has launched a new maritime strategy which outlines short, medium and long-term proposals to better position the UK as g global centre of emerging technology and world leader in the maritime industry for the next 30 years. The post Maritime 2050 strategy appeared first on 24/7 Customs Broker News.

Maritime 28

Maritime Strategy Buyer Training Government 28

GlobalTranz

JANUARY 30, 2017

Now the potential is there for both Augmented and Virtual Reality in many industries, including one in the manufacturing industry. AR technology is already creating waves of strides on the industrial manufacturing plant floor. 7 Ways Augmented Reality in Manufacturing Will Revolutionize The Industry. You Can Work Faster.

Industry 89

Industry Inventory Reduction Resource Reduction Cost Reduction 89

MTS Logistics

JULY 12, 2023

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.

Sourcing Strategies 89

Sourcing Strategies Meeting Scenario Planning Maritime 89

MTS Logistics

SEPTEMBER 30, 2024

The ongoing negotiations between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX), might not reach a resolution before the current contract expires tonight, September 30th. We cannot even imagine the consequences if this situation were to continue for a longer period.

Negotiating Skills 105

Negotiating Skills Maritime Presentation Distribution 105

Logistics Manager

MAY 3, 2018

The UAE arm of Hellmann Worldwide Logistics recently announced at the Middle East Coatings Show in Dubai a new joint venture with Indu Maritime Group. The strategic joint venture also includes the asset-based Indu Maritime Group, a local logistics company. of warehousing space in the Jebel Ali Free Zone.

Maritime 42

Maritime Groups Supply Chain Planning Software Warehousing 42

Logistics Business Magazine

APRIL 17, 2018

Liverpool city region’s £4bn powerhouse maritime sector will lead the UK’s industrial strategy in the coming decades – so says one of the country’s industry leaders. He spoke at a top-level industry dinner at Liverpool’s Malmaison Hotel organised by Mersey Maritime.

Maritime 28

Maritime Industry Government Modeling Software 28

MTS Logistics

MAY 1, 2024

Maritime & Trade Operations relayed a statement from a Company Security Officer confirming damage to the vessel but assuring the safety of its crew, who are proceeding to their next port of call. This strategy aims to counterbalance perceived Western dominance and advance China’s own interests in the region. According to U.S.

Maritime 105

Maritime Cost Reduction Military Security 105

MTS Logistics

MARCH 25, 2024

Important Components of Contracts for Ocean Freight The negotiation of rates and prices is a fundamental component of maritime freight contracts. The terms, conditions, and prices for shipping products in ocean freight containers are governed by these contracts.

Negotiating Skills 104

Negotiating Skills Freight Price Reduction Expense Reduction 104

MTS Logistics

MARCH 5, 2021

It is extremely interesting what has happened over the past 4-5 months where every shipping carrier started implementing this “premium” strategy which is nothing but a variation of a GRI without the 30-day notice requested by the Federal Maritime Commission (FMC.). What is a GRI?

Price Reduction 98

Price Reduction Scenario Planning Supply Chain Planning Software Maritime 98

Material Handling and Logistics

JANUARY 8, 2018

In 2017 losses incurred from catastrophes such as hurricanes, wildfires, and earthquakes could make it one of the costliest years in history for the property insurance industry, Savitsky noted. Given all of these possibilities, preparing proactively might be the best strategy for minimizing risks. Natural Catastrophes.

Supply Chains 142

Supply Chains Cost Reduction Examples Events 142

Logistics Manager

JULY 15, 2019

CargoSmart has announced the execution of Global Shipping Business Network (GSBN) Services Agreements with maritime industry operators CMA CGM, COSCO SHIPPING LINES, COSCO SHIPPING Ports, Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International and Shanghai International Port Group.

Maritime 31

Maritime Industry Logistics Network Optimization Software Supply Chain Software 31

Freightos

MARCH 23, 2023

This year’s recent TPM – the annual transpacific maritime conference hosted by the Journal of Commerce in Long Beach, CA at the end of February – was a combination of post-pandemic debrief, projections for the rest of the year and beyond, and lessons learned. What just happened??? What happens next? More (too much?)

Price Reduction 62

Price Reduction Inventory Reduction Industry Cost Reduction 62

Supply Chain and Logistics

JULY 14, 2023

BV is a multinational risk management insurer and classification society with a strong maritime profile. Bureau Veritas (BV) has produced a feasibility study to estimate the usefulness of carbon capture from marine engines. The study was conducted by QIYAO EnvironTech … Continue reading →

Maritime 100

Maritime Study Efficiency Strategy 100

Shipping and Freight Resource

MAY 23, 2021

In the pursuit of environmental sustainability, digitalization, operational and commercial efficiency, and collaborative practices the containerized fleet and the industries commercial practices have been radically modified over a significantly short period of time. This begs the question is bigger always better and what alternatives exist?

Resource Reduction 97

Resource Reduction Cost Reduction Maritime Construction 97

Logistics Viewpoints

MAY 6, 2021

To take the damaging effects of marine vessels into account, the International Maritime Organization (IMO) reduced their allowable sulphur fuel emissions to just 0.5% Maritime traffic. Simon Shore is Managing Director for Supply Chain Modelling and Maritime solutions globally at Korber Supply Chain. from originally 3.5%

Supply Chain Planning Software 123

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 123

MTS Logistics

DECEMBER 14, 2022

However, on Tuesday, the company said again the industry trend will continue to go down well into 2023. The container shipping industry has long been a bellwether for of the global economy, and drops in demand have aligned with skyrocketing inflation, conflict overseas, and the general consumer habits these trends have brought about.

Price Reduction 111

Price Reduction Cost Reduction Trends Strategy 111

MTS Logistics

MARCH 11, 2024

In the report, it was stated that fluctuating freight markets and interrupted deliveries put global maritime transportation under pressure, and the following statements were made: “Increasing security concerns primarily means higher premiums for the insured. Choosing alternative routes doesn’t really decrease insurance costs much.

Security 116

Security Cost Reduction Maritime Conference 116

Logistics Business Magazine

JUNE 5, 2023

The International Maritime Organization (IMO) has long been committed to reducing the industry’s carbon footprint, aiming for a minimum 50% reduction in GHG emissions by 2050 through stricter regulations and improved energy efficiency. This calls for a re-evaluation of strategies.

Maritime 55

Maritime Logistics Network Optimization Software Strategy Study 55

Logistics Business Magazine

MAY 13, 2024

The automotive industry’s reliance on its supply chain running smoothly is important to ensure the consistent production of vehicles for consumer and corporate demand, especially considering that most vehicles can contain between 15,000 and 25,000 component parts. How does the industry respond to these challenges?

Supply Chain Software 50

Supply Chain Software Material Savings Cost Reduction Supply Chains 50

MTS Logistics

FEBRUARY 21, 2022

Continuous technological progress has prompted the shipping industry to increasingly move toward its digital transformation over the years and embrace various initiatives to benefit supply chain actors, enable performance monitoring, and offer improved decision?support support tools.

Supply Chain Design Software 98

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Optimization Software 98

MTS Logistics

AUGUST 26, 2022

The largest 21 century challenge humanity faces is greenhouse gas emissions, and the simple idea of sailing may have the ability to limit the damage the shipping industry does to our oceans. The pressure to move and act now is being felt,” Christopher Palsson, managing director of Maritime Insight, recently told Bloomberg.

Expense Reduction 98

Expense Reduction Cost Reduction Sourcing Strategies Maritime 98

ShipLilly

SEPTEMBER 20, 2021

Given CMA CGM’s position in the shipping industry, there are serious implications that result from this decision. There has been a significant imbalance between supply and demand for maritime container transport. The market-driven rate increases are a fact of the industry despite the decision to put the increases on hold.

Price Reduction 94

Price Reduction Cost Reduction Material Savings Maritime 94