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Brad is a highly recognized senior supply chain leader with over 23 years of managing, designing, and implementing freight transport technology. JBF Consulting has been helping shippers select, implement, and optimize logistics systems since 2003. Brad has a BA in Logistics Management from Michigan State University.
For UPS, “networked for growth” involves migrating its existing networks (Small Package, Freight, Logistics, Forwarding, and Technology) toward a single interoperable network, which would enable the company to provide more integrated and enhanced customer solutions and drive greater process efficiencies and innovation powered by analytics. .
It was founded in 2003 and is headquartered in New York City, with offices in London, Dublin, Singapore, and Tokyo. solution combines aggregated market data and customer data with advanced machine learning techniques to deliver short-term predictive freight market pricing specific to a company’s individual buy and sell behavior.
Freight tons moving on the nation’s transportation network will grow 40 percent in the next three decades while the value of the freight will almost double, increasing by 92 percent, according to the latest projections by the U.S. trillion in 2015). That is the “hundreds of billions of dollars” question.
LTL Carrier Profile: UPS Freight. UPS Freight is the fourth largest less than truckload (LTL) carrier with approximately $2.4B UPS Freight has 6.9% UPS Freight is based in Richmond, Virginia. UPS Freight is a business segment of United Parcel Service, Inc. LTL Carrier Profile: UPS Freight Services.
However, measuring space utilization presents challenges: Lack of volumetric data: Comprehensive data on freight volume is often lacking, hindering industry-wide analysis (McKinnon, 2003). Research indicates that a significant portion of a truck’s time is spent idle or empty (McKinnon and Ge, 2004; IGD, 2003). Kearney, A.
Biofuels, derived from renewable sources like plant materials, boast a lower carbon footprint while still being compatible with existing diesel engines (often in blends) (Khare & Sharma, 2003). Sharma (2003), Fuel options, Chapter 9 in Hensher, D.A. & Button (eds.),
Brad is the Founder of JBF Consulting , which specialize in freight technology – strategy, system integration, implementation and deployment. Brad is a highly recognized senior supply chain leader with over 23 years of managing, designing, and implementing freight transport technology. Freight Tech Trends with Mike Mulqueen.
The freight industry operates within a complex network characterized by numerous inefficiencies. Logistical Efficiency Through Collaboration and Optimization The freight industry offers numerous avenues for improving efficiency, from optimizing vehicle utilization to fostering collaborative partnerships. London: The Stationery Office.
Following his studies at San Jose State University, in the heart of Silicon Valley, Charley naturally started his career in 2003 in the field of supply chain and logistic technologies, working in the sales teams of companies such as Fusion Logistics, Cargomatic and ShipHawk. ? on the other hand. ?
Brad is a highly recognized senior supply chain leader with over 23 years of managing, designing, and implementing freight transport technology. Mike is a leading expert in logistics technology solutions with over 30 years of managing, designing, and implementing freight transport systems. Payment, auditing, and freight claims.
Why this book rocks: Whether you focus on ocean, air, truck, barge or rail freight, it’s probably a steam engine that’s making it all work. Read this if you’re interested in: What the important freight shipping origins and destinations of the future will be. The Lexus and the Olive Tree by Thomas Friedman ( Link ). That’s it!
It also impacts freight flows by air, sea and rail. During the outbreak of the SARS epidemic in 2003, I was an expat in Taiwan. The impending coronavirus pandemic is not only affecting factories across the board in China. When the supply chain grinds to a halt, customers will have to jostle for priority.
All road and rail freight duties and regulations regarding the entry of road carriers are under the jurisdiction of the International Chamber of Commerce. During the 1980s, and specifically in the world of transport, deregulation continued with the Motor Carrier Act of 1980, which reduced regulation of road freight rates and entry conditions.
Two early pilots were facilitated by Supply Chain Network and carried out in 2003 and 2006 with both representing successful demonstrations of the potential supply chain benefits available through end to end ‘Internet of Things’ supply chain implementations.
Supply Chain Operating Network Model (as depicted in 2003). Enabling Labor, Freight, and Cash-to-Cash Savings with Supply Chain Operating Networks. Supply Chain Operating Networks bring together trading partner connectivity with software-as-a-service applications. The Rise of Supply Chain Operating Networks.
At TVS SCS, I integrated six acquisitions into a single global brand, assembled a talented and dynamic executive and country leadership teams, and created a powerful global freight forwarding platform. Since then, the business has flourished while delivering superb top-line growth and bottom-line results.
In 2003, Mike founded his own successful freight brokerage, Advantage Freight Network (AFN), growing it to over $170M. As a broker insider, Mike saw first-hand how antiquated the freight procurement process was for manufacturers, retailers and distributors. About Sleek Technologies.
JW Surety Bonds is the largest writer of the BMC-84 Freight Broker Surety bonds and the largest privately owned surety agency in the country with over 70+ employees and 50,000 customers nationwide. As of October 1st, 2013, freight brokers and forwarders are required to secure a $75,000 freight broker bond. About JD Weisbrot.
I started my career working in 3PL’s – one of which was the largest freight forwarder in the world in the 1990’s. Provider in ASIA in 2003 & 2004, In 2008, the Society won the Supply Chain Asia Education. Tell our readers a little about your background and experience? Raymon Krishnan. He was instrumental is launching.
LTL Carrier Profile: YRC Freight. YRC Freight is the third largest less than truckload (LTL) carrier with approximately $3.2B YRC Freight has 9.2% YRC Freight is the largest subsidiary of YRC Worldwide Inc. purchased Roadway in 2003. LTL Carrier Profile: YRC Freight Equipment & People. Yellow Corp.
. “Eric Beckwitt and Zhenya Beck, founders of the company, moved their family from California to Vancouver in 2003 and found that their son’s severe asthma relented in response to the significantly cleaner air, though the firm’s press release states that the couple’s dedication to sustainability pre-dates this revelation in their son’s health.
Hasso Plattner who co-founded SAP in 1972, stepped down from his CEO leadership role in 2003. Freightos Cuts Revenue Forecast Cloud based freight booking and payments tech provider Freightos slashed its 2023 growth forecast amid continued reductions in global trade volumes and freight rates.
Prior to founding ROAR with 3 associates in 2003, Bob held a series of positions with increasing responsibilities at both Rich’s (his family’s business) and other logistics companies. Bob started ROAR Logistics in 2003 with Tony Barnes, Beth Grieshober, and Guy Gessner. About ROAR Logistics.
Prior to founding ROAR with 3 associates in 2003, Bob held a series of positions with increasing responsibilities at both Rich’s (his family’s business) and other logistics companies. Bob started ROAR Logistics in 2003 with Tony Barnes, Beth Grieshober, and Guy Gessner. About ROAR Logistics.
Two early pilots were facilitated by Supply Chain Network and carried out in 2003 and 2006 with both representing successful demonstrations of the potential supply chain benefits available through ‘Internet of Things’ implementations.
Despite past lessons from 2003’s SARS outbreak and 2011’s Fukushima tsunami about the hidden weaknesses in their supply chains, companies are challenged to manage logistics concerns stemming from sourcing strategies and risk management.
Andrew Leto , is the Founder and CEO of Emerge , which is a digital freight marketplace. Andrew has been in the logistics industry since 2003 when he founded GlobalTranz after serving five honorable years in the U.S. Joe and Andrew also discuss Andrew’s earlier business ventures, Globaltranz and 10-4 Systems. About Andrew Leto.
Andrew Leto , is the Founder and CEO of Emerge , which is a digital freight marketplace. Andrew has been in the logistics industry since 2003 when he founded GlobalTranz after serving five honorable years in the U.S. Joe and Andrew also discuss Andrew’s earlier business ventures, Globaltranz and 10-4 Systems. About Andrew Leto.
Founded in 2003, Utah based Avetta has reportedly deployed by 500 clients located in more than 130 countries. The software and managed services of this provider were augmented with the acquisition of New South Wales based Pegasus in 2021.
LTL, or Less-Than-Truckload shipping, represents the transport of freight that doesn’t require an entire truck’s space. formerly known as YRC Freight, sent shockwaves throughout the transportation industry due to its dominant position. The Decline and Bankruptcy Customers started pulling their freight rapidly. Yellow Corp.
If you’re a freight broker or 3PL without trucks, you know that your biggest asset is the carriers you use. But how can you attract and retain the best carriers—the ones that deliver on time, with freight intact, and exuding the same kind of professionalism that you require of your staff? COMPANY REVIEWS.
When his company had overflow freight, he would drive down to Exit 5 on the Ohio Turnpike where there was a concentration of truck stops. Boyer tried other DAT products at various trucking and logistics companies, including Conway headquarters in Ann Arbor, Michigan, where he worked from 2003 to 2016. Load board reduces leg work.
Fuller is the Founder & CEO of Freightwaves, a media and intelligence platform sharing up-to-the-minute news, commentary, and data analysis on the freight forwarding industry. . freight agents. . economic forecaster of the year in both 2003 and 2014. . Twitter: @FreightAlley. Cassandra Gaines. Twitter: @MadGainesLive.
Author information Jennie Dannecker Marketing Coordinator at Stanley Vidmar Jennie Dannecker serves as Marketing Coordinator for Stanley Vidmar, where she has also held roles such as Government Marketing Manager and others since 2003. Manufacturing Warehouse warehouse operations'
McKibbin, who did ground-breaking work when he examined the impact of the 2003 SARS epidemic, says if COVID-19 goes global it could carve about 2 percent from Australian growth, but if it becomes more lethal, Australia’s GDP would plunge 7.9 Inbound and outbound air freight capacity is still under pressure. percent and 0.8
The Kiva Robotic Picking System: The idea for the orange AGV-like robots that bring inventory to order pickers was first conceived in 2003 by CEO Mick Mountz, and with the help of some MIT professors Kiva brought the technology to market less than two-years later.
At the trough of the recessions in 2003 and 2009, only $100 million worth of equipment was being purchased. According to our USMTO data the 2003 recession really started in 2001 and didn’t really end until 2005 or even 2006. We can also see that the ‘shape’ of the last two recessions was very different.
1, 2018 /PRNewswire/ — Canadian freight digitization startup Freightera is honored to announce that CEO Eric Beckwitt has just won the 2019 Clean50 Award for his outstanding contribution to advance the cause of sustainability and clean capitalism in Canada over the past two years. VANCOUVER, British Columbia, Oct.
This is due in part to the chokepoints they cause in the flow of global freight as well as the fact that they give people access to resources and commercial activity more effectively. The four most significant interoceanic passes in the globe are the Strait of Hormuz, the Strait of Malacca, the Suez Canal, and the Strait of Panama.
Below is a plot he produced of manufacturing output excluding hi-tech products like computers (which don’t contribute much freight and inflate total industrial figures due to how inflation adjusted output is measured [compare inflation adjusted output [link] versus value of shipments [link] and you will see the difference]).
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