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See More Bad News on US Cargo Theft.) Click here to send us your comments In response, the National Motor Freight Traffic Association (NMFTA) has just released a framework it says can help shippers, carriers and brokers fight back against the growing and increasingly sophisticated threat of digitally enabled cargo theft.
maritime interests, including a requirement that all cargopurchased by the U.S. The Cargo Preference Act of 1954 requires that 50% of civilian agencies’ cargo and agricultural cargo be carried on U.S.-flag The American Cargo for American Ships Act would boost the 50% requirement to 100%.
Studying economics at Yale, Smith’s 1965 term paper pitched the idea of creating a logistics company that would carry only cargo, and do so for a package’s end-to-end journet, such that a package could be delivered almost anywhere in the US overnight. Srihari Senior Consultant, Infosys Posted on: May, 22 2016 Great article.
There is one easy answer: a large number of cargo ships continues to avoid sailing in the Red Sea in and out of the Suez Canal, to avoid attacks from so-called Houthi rebels in South Yemen. He adds: “The emissions spike we’re seeing today is the result of years of underinvestment in meaningful, near-term solutions. The tools exist.
In 2016, the value of goods traded between the two countries topped $525 billion, making Mexico the third largest trading partner of the U.S. Completed by the exporter, the bill of lading provides a list of the contents of the shipment, establishes the value of the cargo, and acts as a legally binding document through the shipping process.
After securing access to TuffAir’s materials, Amazon abruptly ceased communications, only to unveil a remarkably similar regional air cargo model within months, based on the same technical, operational and strategic elements TuffAir had disclosed,” the company alleged in its legal filing. No comment as yet on the suit from Amazon.
We have already covered the top 6 trends for 2016 in manufacturing. 2016 Supply Chain Trends: The First 7 of 12. 2016 Supply Chain Trends: The First 7 of 12. Today we will begin our two part series covering the 2016 supply chain trends we expect to see come to fruition in the next year.
How technology in logistics grew throughout 2016 is not limited to the technology that delivers products or enables better, faster picking processes. But, you need to understand where the investments focused, how they relate to improving supply chains and why they are essential to omnichannel logistics solutions.
For Maersk, June of 2016 was the breaking point. After a rough 2015, the first half of 2016 was no different. The Post-2016 Strategy: End-to-end Shipping. The September 2016 decision mapped out a clear new direction. Today, 75 to 80% of cargo arrives on time. The Maersk Shift: Where it started.
GE Acquires Top Supply Chain Software Provider ShipXpress to Expand Digital Rail Offerings. bound cargo has been delayed at the point of origin, and cargo-laden Hanjin ships are unable to get into U.S. Already delivered cargo is sitting unhandled, clogging ports and occupying containers needed elsewhere. Rate Changes.
2016 was an incredible year for tech in logistics as companies both large and small are working on some transformative technologies not just for logistics, but for society as a whole. Here’s a few interesting tech advancements in 2016 that were important for the year, but could also point to what’s to come in the near and long-term future.
I find no agency or entity trying to find a holistic solution to global logistics. meters draft, and cargo capacity up to 14,000 twenty-foot equivalent units (TEU); previously, it could only handle vessels up to about 5,000 TEU. There is not a one-to-one relationship between a container and a purchase order.
Walmart added new functionality that lets sellers purchase shipping labels for domestic orders on its marketplace. Sellers can only purchase a shipping label through Walmart for orders that are in an unshipped status, it noted. manufacturers re-evaluating their reliance on China. Walmart SWW currently offers FedEx and USPS shipping.
Amazon partners with Atlas Air Worldwide for cargo services (MarketWatch). XPO Logistics Announces First Quarter 2016 Results. According to a press release issued by Brambles (parent company of CHEP ), the purchase price was $115 million, a nice premium over the $45 million Brambles paid for LeanLogistics in March 2008.
This was driven by growing Internet access and customer education, while mobile devices are enabling purchases anywhere, anytime (1/3 of Black Friday’s sales were made on mobile devices this year). A full 50% of customers admit that delivery factors, like delays or costs, are enough to tank a purchase. billion on shipping in Q3 2016.
We’ll delve into each challenge and explore potential solutions: 1. Companies may purchase vehicles sized for peak periods, resulting in excess capacity during slow times [1]. Solutions: Electrification: Transitioning to electric vehicles (EVs) significantly reduces tailpipe emissions.
On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. This isn’t just about purchasing power. Image via StarAir.dk). Behind the Maersk shift.
BluJay Solutions Raises up to $500 Million New Financing to Drive Accelerated Growth. LevaData to Transform Strategic Sourcing for Global Procurement and Supply Chain Leaders. Strong Software Bookings Growth Highlights First Half 2017 Results for JDA. TSA reviewing cargo screening, concerned about terror vulnerabilities (CNN).
I find no agency or entity trying to find a holistic solution to global logistics. meters draft, and cargo capacity up to 14,000 twenty-foot equivalent units (TEU); previously, it could only handle vessels up to about 5,000 TEU. There is not a one-to-one relationship between a container and a purchase order.
Anyway, I’m on borrowed time again this morning, so let’s go straight to the supply chain and logistics news that caught my attention this week: Kewill and LeanLogistics Rebrand as BluJay Solutions, Unveil World’s First Global Trade Network. Maersk and IBM Unveil First Industry-Wide Cross-Border Supply Chain Solution on Blockchain.
Melanie Tymm, Head of Pre-Sales at Maginus SoftwareSolutions, writes, “It used to be a lot simpler. The editorial staff at Digital Information World , reports, “In retail, artificial intelligence is being adopted rapidly — between 2016 and 2018 there was a 600% increase in adoption.
Cloud and Machine Learning services: Amazon Web Services (AWS) – Provides cloud computing infrastructure, storage solutions, and machine learning services to businesses and developers worldwide. Pharmacy: Amazon Pharmacy – Online service for purchasing prescription medications with home delivery.
Top View Cargo containers ship logistics transportation Container Ship Vessel Cargo Carrier. A new report from the industry association E-commerce Europe found that there was a 15% growth in 2016 and the industry is predicted to be worth €602 billion by the end of 2017. Purchasing Power.
China embraced this style of e-commerce early beginning around 2016 through events such as Alibaba’s annual Singles Day event. In 2019, 37% of online shoppers in China made purchases on live streams. Retail supply chains need to support all of these options, seamlessly via the right technology tools.
SBB relies on RailSupply to significantly improve efficiency in purchasing and procurement logistics. The goal of this changeover was to significantly streamline the SBB’s purchasing and procurement logistics. Suppliers supplying several SBB divisions will benefit in particular.
We answer all these questions and more – including how inventory management software will help you manage your supply chain for your freeport warehouse or factory. They will also be offered temporary tax breaks, including reductions to taxes on property and new building purchases. In this 2022 guide to freeports: What is a freeport?
Prices on the spot market change quickly, but with freight rate tools like DAT RateView , your business won't be caught off guard. Either way, in a three-year time span, the last few months create a very rare picture: Van rates declined through 2015 , but rebounded in mid-2016. That simply never happens.
Foxconn execs cite Belkin’s widely recognized brand name, strong sales channel presence and growth potential, as well as its best in-class capabilities and solutions, as primary motivators for the acquisition. In 2016, the company increased its EBIT in the Americas by 40%, with continued growth.
10 Controversial Freight Predictions For 2016. There’s been several great predictions for logistics in 2016. Well, that’s China’s 2016 prediction. A (short-term at least) solution for large forwarders to sustain growth path by acquiring assets, reach or just size. Kuhne Nagel’s purchase of U.S.
10 Controversial Freight Predictions For 2016. There’s been several great predictions for logistics in 2016. Well, that’s China’s 2016 prediction. A (short-term at least) solution for large forwarders to sustain growth path by acquiring assets, reach or just size. Kuhne Nagel’s purchase of U.S.
As a logistics service provider, focusing on over-the-road surface transportation management solutions via technology and managed transportation services, we find the following information on the history of shipping containers of great significance to the logistics and supply chain community at large. Significance. Loading costs plummet.
Container Cargo Imports Surged at End of 2016 (WSJ – sub. November 2016 Freight Transportation Services Index (TSI). If Amazon has serious plans of realizing this idea, there’s already a company in the UK called Mole Solutions that has been working on creating “underground freight pipelines” since 2002.
Over the past year, there have been several big deals in the TMS market, such as Summit Partners acquiring MercuryGate and E2open acquiring Cloud Logistics.
They can then order items ranging from frozen treats and household essentials to last-minute meal solutions and even fragile items like eggs. Until now, the minimum purchase for free shipping has been $25. PepsiCo has agreed to purchase $175 million of the company’s stock in a private placement.
.” With floundering profitability at both businesses caused by very soft market pricing, Maersk has decided to give each unit full independence to choose and implement the right solutions for climbing back to full profitability. While Nils Andersen was switched out by Soren Skou in mid-2016 , Maersk is continuing this exact strategy.
In the run up to the July 1, 2016 requirement that there must now be a verification of the gross mass of packed containers, Freightos research has determined that only one third (36%) of FCL freight quotes are still being saved with a weight. That is, for shippers that already weigh cargo, the only direct change will be paperwork.
However, the Federal Motor Carrier Safety Administration has found what could be a potential solution to these problems: the Unified Registration System. Furthermore, all transportation and logistics providers and entities must have this number on or before September 30, 2016, reports the FMSCA.
This report, available for purchase here , poised some significant implications for the shipping, and by direct correlation, the logistics industry. percent in 2016. Drivers can’t embark on their own without their cargo, but it makes for a stressful journey. On July 27, 2015, the American Trucking Association s released the U.S.
Thoma Bravo, a software investment firm, recently acquired Stamps.com, an online provider of mailing and shipping solutions in the US and Europe. While USPS postage and labels are still available for purchase on the platform, Stamps.com company officials noted that “customers may see other carriers and service options.”
Vehicle data, including tire pressure, cargo status, and reefer monitoring. Fuel purchases and amounts. Cargo temperatures. There is no aspect of commercial shipping that can’t use big data to its advantage – with the right tools to make use of the information. Administrative data, such as driver histories.
Dwell times in excess of 2 hours and up to 6 hours were not atypical, according to a 2016 survey conducted by trucking data firm, DAT Solutions. Uber looks to expand their UberFreight platform with trucking logistics company purchase. Truckers lose a reported 3.6% Read the DOT's full report here. New ELD regulations.
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