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Revolutionizing Supply Chain Planning: The Power of Generative AI

Logility

For example, a prominent apparel retailer employs generative AI to optimize its inventory management. Generative AI is proving to be instrumental in optimizing transportation routes, reducing lead times, and enhancing overall logistics efficiency. Generative AI can help you navigate your data better.

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Air Freight Explained: Calculating Costs and Price Trends

Freightos

International Air Freight Shipping: Definition. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo. International air freight and express freight shipments are not the same thing.

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Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

Supply Chain Matters highlights the increasing realities of declining global trade and freight rates that are occurring in the first-half of 2023. Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. All rights reserved.

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Five Technology Trends That Will Change Global Freight

Freightos

Five Tech Trends That Will Change Freight. Elon Musk’s concept of the hyperloop promises 700 mph transportation between major US cities. Musk already has experience with transportation innovation; reinventing the electric car with Tesla, and creating reusable rockets at SpaceX. VC ❤️ Freight Startups.

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This Week in Logistics News (June 25 – July 1)

Logistics Viewpoints

US port backups are extending into freight rail supply chains. The deliveries will take place as part of a pilot that’s being conducted by Waymo and JB Hunt Transport Services to test out self-driving trucks along certain shipping routes in Texas. Waymo’s self-driving trucks will deliver home goods for Wayfair.

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You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

Background on Ocean Transport. jump in apparel costs and 5.5% Freight Rates 2019-2021. As a result, companies plug along planning based on historic lead times and freight rates which as you can imagine is doomed for failure. I find no agency or entity trying to find a holistic solution to global logistics.

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Initial Estimates of U.S. Holiday Spending- A Mixed Bag

Supply Chain Matters

An initial estimate of this year’s retail holiday spending indicates a mixed bag, depending on either retail industry, consumer goods producer or logistics and transportation industry perspectives. Mastercard SpendingPulse Data Payments processing firm Mastercard Spending Pulse indicated this week that U.S.