Freight Brokers: Disintermediated or Growth Opportunity by Incorporating Technology?

Descartes

Given the current capacity crunch, and the huge amounts of investment capital pouring into transportation and logistics technology, there is tremendous discussion on how technology innovation will impact the industry and, more specifically, 3PLs. What will be the impact of digital freight on freight brokers?

Two Important Questions About the Future of Freight Moves

Talking Logistics

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. Not surprising, considering the ongoing growth of e-commerce, freight moves in tons by “Multiple Modes and Mail” — which includes shipments by parcel delivery services, U.S.

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LTL Carrier Profile: UPS Freight

The Logistics of Logistics

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. Domestic Package, International Package, and Supply Chain and Freight. LTL Carrier Profile: UPS Freight Services. LTL Carrier Profile: UPS Freight History.

10 Books Logistics And Supply Chain Experts Need To Read

Freightos

There are tens of thousands of books about logistics and supply chains. Amazon has 31,817 books about supply chain and 24,934 about logistics. That’s 56,751 supply chain and logistics books. But we got it down to ten logistics and supply chain books you’ll actually want to read. Why this Supply Chain & Logistics Book List Rocks. When I started in logistics, I realized that I knew nothing. The Top Ten Logistics and Supply Chain Books: 1.

The Network Effect in Supply Chain and Logistics

Talking Logistics

About four years ago, UPS launched its “ We Love Logistics ” ad campaign, which helped raise public awareness about the logistics industry (and helped my family and friends better understand what I do for a living). I hope UPS does the same for communicating the value of networks to supply chain and logistics executives — not just physical networks, but digital ones too. Supply Chain Operating Network Model (as depicted in 2003).

LTL Carrier Profile: YRC Freight

The Logistics of Logistics

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. LTL Carrier Profile: YRC Freight Service Area. YRC Freight’s service area includes the continental United States, Alaska, and Hawaii and Puerto Rico.

Early ‘Internet of Things’ Pilots Proved Supply Chain Benefits of RFID Pallets

Supply Chain Network

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. Emerging Trends Freight & Transportation Grocery Logistics Information Technology Matrix Commerce New Ideas

FreightTech for Fortune 500 Shippers with Brad Forester and Mike Mulqueen

The Logistics of Logistics

Brad is a highly recognized senior supply chain leader with over 23 years of managing, designing, and implementing freight transport technology. With functional expertise in Global TMS Programs, Change Management, Organizational Design, and Systems Integration, he has been leveraging these skills to benefit clients since he founded JBF in 2003. Brad has a BA in Logistics Management from Michigan State University. Payment, auditing, and freight claims.

Early ‘Internet of Things’ Pilots Proved Supply Chain Benefits of RFID Pallets

Supply Chain Network

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. Key to both of these pilots were RFID enabled pallets and the first project was the SCN Grocery Pilot which was carried out utilizing RFID at the pallet level for automated Distribution Centre (DC) receiving.

Three supply chain lessons for businesses coping with COVID-19

CH Robinson Transportfolio

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. Here are three lessons that the logistics industry can take away from the ongoing pandemic: Lesson one: Evaluate your supply chain design. Freight and Transportation Services Transportation Market Global shipping International shipping

Here Comes the Chief Network Effects Officer

Talking Logistics

For more than a decade, I’ve been talking about the rise of Supply Chain Operating Networks — the business equivalent of LinkedIn and Facebook — that serve as the platform for enabling the network effect in supply chain and logistics. Supply Chain Operating Network Model (as depicted in 2003). Second, get the conversation started with your teams about network effects, as well as your suppliers, customers, logistics service providers, and other external partners.

10 Ideas for More Efficient & Productive Warehouse Operations

Cerasis

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. Twitter Facebook Google+ LinkedIn The post 10 Ideas for More Efficient & Productive Warehouse Operations appeared first on Freight Logistics Company | Cerasis. According to the U.S.

COVID-19 crisis may push up trade costs, WTO report finds

EFT

The report finds that travel restrictions and border closures have disrupted freight transport, business travel and the supply of services that rely on the presence of individuals abroad.

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The COVID-19 Supply Chain Hit Could Trigger Recession in Australia

Logistics Bureau

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 He was referring to the 2003 Severe Acute Respiratory Syndrome which was estimated to have wiped US$40 billion off the global economy. Inbound and outbound air freight capacity is still under pressure.

The rapid reorientation of supply chains

EFT

Transport links that ran like clockwork suddenly melted away, most notably air freight, and products were stranded in overstretched ports. In an age of lean supply chains and highly-specialised production, a sudden disruption can mean disaster.

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Using Big Data to Drive Manufacturing Sales: 3 Big Takeaways from the USMTO Reports

Cerasis

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. Twitter The post Using Big Data to Drive Manufacturing Sales: 3 Big Takeaways from the USMTO Reports appeared first on Freight Logistics Company | Cerasis. How Can USMTO Reports Help Drive Manufacturing Sales and your Bottom Line?

Life before load boards

DAT Solutions

Mark Boyer has spent his whole career in the trucking and logistics industry, with a front row seat for all kinds of new technologies, including many products from DAT. As DAT celebrates its 40th year, we reminisced with Boyer, who serves as Vice President of Brokerage for Keller Logistics in Defiance, Ohio. 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.

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The Top Dozen Supply Chain Innovations of All-Time

Operations and Supply Chain Management

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. The LCC is now of course a standard logistics practice today. The result was terribly inefficient handling on both sides of the equation, poor space utilization on the cargo ships, freight damage, and high logistics costs.