Freightos

FEBRUARY 28, 2024

The pivot towards index-linked contracts and Forward Freight Agreements (FFAs) is not merely a trend but a strategic recalibration towards agility and resilience. The integration of real-time data and analytics into contract structures is not just innovative—it’s becoming essential. And, it’s already happening.

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Supply Chain Matters

NOVEMBER 14, 2023

production worker hourly wages starting in January 2024. The report additionally cites the reasons for this year’s low levels of traditional hiring as being the NRF’s indications of lowered expected holiday spending on products and that retailers and logistics services providers can meet additional demand with existing part-time employees.

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Cathy Roberson

FEBRUARY 2, 2024

Announced in 2022, the current strategy seeks higher margin volume and increasing worker and facility productivity using automation, artificial intelligence, and other innovations to capture more business. According to UPS CEO Carol Tome, the 2024 U.S. Subscribe for free to receive new posts and support my work.

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BlueYonder

MARCH 15, 2024

Accelerated Planning Every area in the supply chain is invested in accelerating its own plans and meeting its own KPIs already, but there’s no point in innovating and optimizing one area of planning if stakeholders are not considering the ripple effect in other areas. Here’s a more detailed breakdown of each of these goals.

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Intelligent Audit

AUGUST 8, 2022

According to FreightWaves , the founder of UPS Inc found his purpose optimizing current processes instead of innovating new ones; “His mission, encapsulated in three words during a 1957 speech to mark UPS’ 50th anniversary, was to ‘keep sawing wood.’” Last Mile Services Get a Facelift with Logistics Startup Veho.

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The Logistics of Logistics

APRIL 25, 2023

BUFFALO, April 24, 2023 – Ernst & Young LLP (EY US) today announced that Brian Kempisty of Port X Logistics was named an Entrepreneur Of The Year® 2023 New York Award finalist. Port X Logistics is an aspirational brand that specializes in expediting containerized freight. and Canada.

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Logistics Bureau

OCTOBER 30, 2017

Why aren’t we using more rail freight in Australia? According to logistics theory, rail freight comes into its own over greater geographical distances. I seem to recall learning back in my Cranfield days that 600 km was the magic number above which rail freight made economic sense. Rail Freight Australia.

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Intelligent Audit

NOVEMBER 22, 2022

As Niall van de Wouw, Chief Air Freight Officer at Xeneta, told Supply Chain Dive, “We are six weeks away from Christmas, and there is no indication there will be a peak.”. Managing Freight & Parcel Spend is No Holiday Walk in the Park. For over 20 years, Intelligent Audit has been a leader in transportation sector innovation.

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Supply Chain Matters

APRIL 14, 2023

This tech provider was more recently named as the Fast Company World’s Most Innovative Companies for 2023. Reportedly, capital raised in this latest round to accelerate product innovation, including insights and tracking related to ESG and sustainability risks across a company’s extended supply chain. million in Series A financing.

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Intelligent Audit

SEPTEMBER 28, 2022

Despite some relief from inflationary pressures in recent months, businesses throughout the logistics industry and beyond are being forced to make difficult decisions. After a week of high-highs and low-lows within the global logistics industry, we’ve gathered the nine stories you need to know. In a welcome turn-of-events for the U.S.

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Logistics Viewpoints

NOVEMBER 18, 2022

And now on to this week’s logistics news. The new drone, dubbed MK30, will go into service in 2024 and replace the existing MK27-2, the model that will be used to make deliveries in Lockeford, California, and College Station, Texas, this year. Amazon unveils smaller drone that flies through rain.

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Freightos

JANUARY 25, 2024

Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023. Freight is digitizing itself now at real scale.

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Intelligent Audit

JANUARY 24, 2023

For some, like parcel giants FedEx and UPS, this means deviating from standard practices; for others, resiliency means an increased reliance on innovative financing and data collection strategies. To succeed, companies need to balance being resilient in tough times with continued investments in innovation.

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Logistics Viewpoints

DECEMBER 9, 2022

And now on to this week’s logistics news: McDonald’s is testing a new drive-thru concept. As Amazon prepares to debut its long-delayed Prime Air drone delivery service, it’s also showing off a smaller, quieter drone that will be ready in 2024 and could be making regular deliveries in major cities by the end of the decade.

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Enterra Insights

JANUARY 8, 2019

Janie Ryan ( @janiemryan ) writes, “As sanctions on Iran go into effect and Iranian oil exports decline, global oil prices could rise, putting even more pressure on logistics providers. ” Last-mile logistics. I think this is a major trend that will totally change the way we think about logistics today. ”[1].

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Proxima

AUGUST 3, 2020

As the pandemic began, companies and suppliers were forced to change their playbooks and rely on new methods of innovation, high road networking and asset stabilization to keep their logistics moving forward. According to MarketWatch , the logistics automation market totaled $49.2 billion by 2024. Growth of automation.

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American Global Logistics

JANUARY 10, 2024

The old status quo cannot manage these disruptions in the 2024 supply chain. To get ahead of these tectonic shifts, identifying emerging trends will help you navigate the coming 2024 supply chain changes. Supply Chain Management With disruptions likely to persist in 2024, developing supply chain resilience and agility will be crucial.

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Unleashed

MARCH 25, 2024

This guide outlines what a consolidation warehouse looks like, the benefits of consolidating your logistics processes, and answers all the questions you may have about warehouse consolidation in today’s business landscape. Warehouse consolidation simplifies logistics , reduces transportation costs, and improves operational efficiency.

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The Logistics & Supply Chain Management Society

MARCH 22, 2022

If we take a closer look, we can see that global aviation, including domestic and international; passenger and freight accounts for 2.5% Flagship, a European innovation project, will deploy the world’s first commercial cargo transport ship fitted with hydrogen fuel cells. of the world’s carbon emissions.

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Enterra Insights

NOVEMBER 28, 2023

” One of the responsibilities with the council has been tasked is to complete a comprehensive review of the supply chain by the end of 2024. As noted above, the Council will complete the first quadrennial supply chain review by December 31, 2024. Launching a quadrennial supply chain review. Creating a smart manufacturing plan.

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Logistics Viewpoints

MARCH 22, 2024

And now on to this week’s logistics news. commercial truck fleet would require nearly $1 trillion in infrastructure investment alone, according to a new report from Roland Berger released today by the Clean Freight Coalition. The $2,500 spread between spot market rates and long-term freight contract rates for Asia to U.S.

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Logistics Viewpoints

SEPTEMBER 24, 2021

And now on to this week’s logistics news. Over the last decade, as we have documented here, Amazon has been pushing its logistics arm to be less reliant on UPS, FedEx, and the USPS for delivering orders. Redwood aims to begin recycling some material from Ford this year, with the goal of supplying the first anode material in 2023-2024.

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Supply Chain Matters

MARCH 13, 2023

Rivian expects to continue to incur these charges throughout 2023 but anticipates the total charges to decline as cost of goods sold per vehicle reflects lowering material, production, logistics, and other costs. billion in 2023, and reaching positive gross profit by 2024.

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Unleashed

JUNE 23, 2021

More widespread third-party logistics. Many businesses just couldn’t afford to focus on innovation over stability. for the 2020-2024 period), but to also help businesses move on from the pandemic. Warehouse and logistics staff can use portable technology to improve efficiency at work, such as scanning and picking.

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Supply Chain Matters

MARCH 17, 2023

Dr. Plattner’s term expires in May 2024. 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. During his tenure, Deloitte ’s revenues grew from $35 billion to more than $59 billion.

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Freight Center

FEBRUARY 6, 2020

Our 2020 Freight Shipping Outlook series comes to a close with a forecast of what FreightCenter customers can expect in the new year. 2020 Freight Shipping Outlook Pros. 2020 Freight Shipping Outlook Pros. Freight shipping is a complex industry. 2020 Freight Shipping Outlook Cons. 3) Increased Competition.

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Logistics Viewpoints

OCTOBER 13, 2023

And now on to this week’s logistics news. Failure to reach an accord by October 31 would mean that levies on $10 billion of exports between the EU and US would automatically come back into force at the start of 2024. Uber Freight and others that are testing autonomous big rigs in Texas and surrounding states.

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