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Scaling a FreightTech Business with Mark McEntire

The Logistics of Logistics

Mark’s 35 years in transportation and logistics includes 17 years of experience with Transplace (now Uber Freight), where he held the position of Sr. and Penske Logistics. In June 2009, he became certified as an APICS CSCP. in Transportation and Logistics from Arkansas State University. Hunt Transport, Inc.

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Ocean Freight Procurement and Going with the Stream

Freightos

Not that long ago, they were the only way people listened to music, peaking at 23 million units sold in Q1 2009. The annual fixed-price contract is the current go-to for ocean freight procurement. Source: SGX, Freightos Baltic Index. Global logistics providers have large teams working full-time on nothing else.

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U.S. Freight Logistics Industry Recession Continues with Some Hopeful Signs

Supply Chain Matters

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent.

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Guest Viewpoint: What’s Driving Freight Costs Higher?

The Logistics of Logistics

<strong><em>If you think the price of fuel is the only element driving freight costs higher – </em><em>Think again! </em></strong> Introduction. Ground freight was then followed by 8.7% The best indicator of ground freight cost is the US Freight Rate Index, CPM (cost per mile).

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Material Handling & Logistics ). Material Handling & Logistics ). Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020).

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Why Logistics and Transportation Should Digitize

3rdwave

However, digitization really became mainstream around 2009 when there were officially more “things” than people connected to the internet. Digitization is an essential cornerstone capability that enables Logistics to deliver its true potential. Why should Logistics Care about Digitization?

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Using Digital Supply Chain Planning to Respond to Market-Changing Disruptions like COVID-19

ToolsGroup

Gartner research shows that companies that continued to increase earnings while others declined in 2009 and 2010 were those that were able to keep their foot on the gas through the downturn because they had planned responses in advance. One US-based ToolsGroup manufacturing customer sources parts from several Chinese and Italian suppliers.