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The Cost of Backhauls

Operations and Supply Chain Management

By its nature, the road freight industry is complex: manufacturers or retailers that need to transport goods are in myriad locations, shipping varying amounts of cargo to many destinations, sometimes relying on multiple carriers to do so. Wiggins, co-founder of transportation management software firm 3GTMS, told CNBC via email. “Is

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Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

Supply Chain Trend

For over a century, we have seen increasing automation in supply chain, especially in manufacturing and the pace has quickened in the past decade with robotization in production, warehousing, and transport. AI has been estimated to displace 38% of transport jobs and 30% of manufacturing jobs (Ghosh, 2018). Sanders, N.

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This Week in Logistics News (December 31 – January 6)

Logistics Viewpoints

Ground transportation’s consolidation process also generates fewer carbon emissions and leaves a smaller environmental footprint than shipping individual items back to retailers. Supply Vision provides modular applications that help LSPs coordinate shipments, from quoting, routing and booking through to final delivery.

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3PL vs 4PL: How to Know Which One is Right for You

GlobalTranz

They all involve a degree of outsourcing transportation functions, whether that’s supply chain cybersecurity management or white glove services , and technically, all 4PLs and 5PLs exist as 3PLs too. Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding.”.

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Collaborative Logistics’ Role in the Emergence of the Physical Internet

Material Handling & Logistics

Data-centric freight exchanges and intelligent multimodal cross-docking hubs will allow haulers to move cargo effortlessly by road, rail, sea and air and seamlessly change carrier, or even transport mode, in real time. Before they made the breakthrough in 1955, shippers had no choice but to pay about $16,000 to transport a single consignment.

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A vision for a transparent global Rare Earth Element system using blockchain technology

Provenance

It is forecasted that by 2026, demand will mainly be linked to the rise in clean energy technology, in particular for neodymium-iron-boron (NdFeB) magnets –– critical components for electric and hybrid vehicles as well as wind turbines. These credits can then be purchased directly by manufacturers. Get in touch here. Introduction.