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Carriers move shippers’ freight. It is all these tenders by big shippers, routed through the Emerge platform, that has given Emerge visibility to billions in freight spend; they believe that by the end of the year they will have visibility to freight spend comparable to the biggest managed transportation and brokers in the market.
Jordan Graft and Joe Lynch discuss freight has an identity crisis, which refers to rampant fraud and double brokering in the transportation business. Jordan also served as an investment professional with TA Associates, a global private equity firm in Boston, Massachusetts, and as an investment analyst for J.P.
Marc is the Co-founder and CEO of Fishtail, a Boston based fintech company that empowers freight forwarders to finance the movement and procurement of goods – for small and medium businesses (SMBs) around the world. Marc Held and Joe Lynch discuss the Fishtail story. About Marc Held. About Fishtail. Key Takeaways: The Fishtail Story.
The Boston Marathon is considered one of the worlds “ Big 5 ” marathons. mile journey, with a particularly large crowd in downtown Boston. The 127th running of the Boston Marathon took place on Monday. Spectators line the sides of the 26.2 The Red Sox home game begins early on that day, adding to the crowds downtown.
Martin is CEO at Commtrex , a tech-enabled rail logistics provider with a team of experienced rail professionals, an extensive network of partners, and a best-in-class technology platform that simplifies the movement of freight and creates a competitive advantage. Discover more at www.commtrex.com.
How Big Is the Problem Of Inbound Freight Management? Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. A more efficient inbound freight program can minimize delays, save money and even reduce confusion. It is complicated, that’s why.
I was hoping that my news roundup would lead off with a comment about Boston sports going two for two in the playoffs. So now I wait until tomorrow night to see if Boston sports really went two for two. A step toward a zero-emissions freight sector includes adoption of zero-emissions vehicles.
Summary: The CRO Perspective: Growing FreightTech Sales In this podcast, Ryan Sullivan, Founder of Ratchet Ventures and an experienced Chief Revenue Officer (CRO), shares his insights on growing sales in the freight tech and logistics industry. Based in Boston, Ryan drives growth and innovation in the supply chain industry.
It’s a quiet and rainy Friday morning here in Boston. I’ve been staring at the blinking cursor on my computer screen for some time, but very few words are coming to me. more blinking) Ok, enough. Here’s the supply chain and logistics news that caught my attention this week: Since many people are out of.
Sixteen years to the day, the Boston Celtics are once again NBA champions after dismantling the Dallas Mavericks in five games. bans exports by Oregon freight-forwarder in warning shot to industry Container losses fall to record low Warehouse wages rise to average of $18.99 The boys are back! considers threats to national security.
Named customers include Yale New Haven Health , Stanford , Geisinge r, and Boston Children’s Hospital , among others. Flock Freight Secures $60 Million in Series E Funding Flock Freight , described as the largest Shared Truckload (STL) freight brokerage in the United States, has raised $60 million in its Series E funding round.
The storms have delayed freight, increased congestion, and damaged crops, especially in Taiwan, where Typhoon Gaemi caused over $86 million in losses. Currently equipped to assist with LL97 compliance, Schneider Electric plans to incorporate Boston’s building performance standards by mid-2025. According to the U.S.
Robotic arms Robin and Sparrow were designed and manufactured at its Robotics Innovation Hub near Boston and help sort customer orders. The 30 Hyundai XCIENT Class 8 hydrogen fuel cell electric trucks will hit the road as part of the NorCAL ZERO Project to push for emission-free freight transportation.
In April of 2005, just a month after completing my first half marathon (and vowing I would never run a full marathon in my life), I went to the finish line at the Boston Marathon and saw Team Hoyt for the first time. Team Hoyt became a fixture at the Boston Marathon, completing the race 32 times, while running another 40 marathons as well.
Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. Going forward, it is vital that shippers analyze their freight spend and if required renegotiate their rates regularly to remain competitive.
QUINCY, MA – NOV 4 , 2024 – FreightPlus, a leading provider of managed transportation services, is proud to announce that it has been named one of the Top 100 Women-Led Businesses in Massachusetts for 2024 by The Women’s Edge and the Boston Globe Magazine.
Spot Market Stays Strong: September DAT Freight Index. Teamsters Make History With First Ever Organizing Victory at FedEx Freight. economy boosts freight (Reuters). Boston and Chicago on Tuesday. Retail Supply Chain & Logistics Trends This Week in News Amazon Connect Group CXS FedEx Freight Google Express J.B.
Notable appointments include work in the federal government as Attorney-Advisor (International Affairs) in the Office of the General Counsel at the Federal Maritime Commission and work at a public port authority as Maritime Project Manager for the Port of Boston at the Massachusetts Port Authority.
DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 256 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $60 billion in real transactions. National Average Freight Rates. loads per truck. Rising Rates.
Calling FreightPlus a, “Local company helping to unravel supply chain, getting products to you faster & cheaper,” Fox 25 Boston did a great segment on what we do, who we are, and how we can help during the holiday season. .
Calling FreightPlus a, “Local company helping to unravel supply chain, getting products to you faster & cheaper,” Fox 25 Boston did a great segment on what we do, who we are, and how we can help during the holiday season. Jill Clifford, president at FreightPlus, was interviewed about her background in the freight industry and […]
DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 279 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $57 billion in real transactions. Changes in the ratio often signal impending changes in freight rates.
Your organization needs to be agile and resilient to take on the challenges of an ever-evolving industry – instead of simply moving freight at the cheapest price. In contrast, a 3PL partner will constantly look for matches within their own dense freight network. Robinson in Boston where he spent almost 7 years.
Recently, Rob Anthony, SVP Global Supply Chain and UK Country Manager at Kongsberg, and Virginia Gonzalez, Head of Procurement at Boston Beer Company, sat down in an exclusive session with JAGGAER to share their insights and methods on streamlining category complexity. Successful companies make this look easy.
Leveraging cutting-edge technological tools, such as machine learning-based supply chain planning, is paramount in effectively managing uncertainties and optimizing costs across various aspects, including inventory, freight, obsolescence, and potential sales losses,” said Juan Jiménez, Industry Director at Lãberit. “At
The weather finally warmed up in Boston, although temperatures in the 90s so early in the season is not what I had hoped for. Uber Freight launches to connect truck drivers with available shipments (TechCrunch). The other big news is that Uber Freight (after quietly starting operations late last year) officially launched this week.
Today, we conclude our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation , Freight. This year, most were interested in staying ahead of trends -especially those effecting inbound freight and freight claims.
It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services to customers with high service freight and delivery standards. The Warehousing segment provides day-to-day warehouse management services to customers.
July 2014 Freight Transportation Services Index (TSI). Cass Freight Index Report for August 2014. CSX Launches Industry’s First On-Demand Mobile Application to Enhance Railroad Incident Response. Robinson Opens New German Office. If At First You Don’t Succeed …).
These can include freight costs that are too high, transit times that are too long or not charging enough for freight.”[1] Boston Consulting Group (BCG) analysts assert, “Logistics networks have never been more complex. The freight invoice data verifies what really happened (Were measurements correct?
The short-term strategy to build resilience, is to focus on three major elements, essential to keep freight moving. . Boost agility in logistics: multimodal solutions to combat increased freight costs and limited capacity. According to the Boston Consulting Group, automating manual processes can yield cost savings up to 40%.
I’m at Heathrow airport waiting to board my flight back to Boston, which is delayed by over an hour so far. Amazon Looking to License or Acquire Freight-Management Technology (WSJ-sub. Kewill Introduces SOLAS-Compliant Freight Forwarding Solution by Integrating INTTRA eVGM Service. E-Commerce Drives Surge in U.S.
Rapid temperature cycling due to crazy Boston weather. Delivery Connect is designed to manage the movement of freight from the shipper to the end receiver, including scanning, proof of delivery (PoD), exception management, cross dock and in-depot activities through to job dispatch, customer service and reporting. How did it happen?
This past April 1st, it snowed over 6 inches here in Boston. It was a cruel April Fools’ joke, but not as cruel as April 1, 1997 when a blizzard dumped more than 21 inches of snow here. It was my first winter back in the Northeast after living in the desert (Tempe, AZ) for more than 5 years.
MercuryGate Launches Global, Omni-modal Freight Procurement Solution. The orders are being fulfilled from about 160 Best Buy stores in markets that include Dallas, Houston, Las Vegas, Atlanta, Boston, Chicago, Los Angeles, Miami, Philadelphia, Seattle and Washington. Best Buy rolls out same-day delivery in 13 markets (Star Tribune).
Work/life at John Deere in a developing nation.and the brutality of Boston winters. Listen in this week as Manish Patwal - a graduate student from MIT's Global SCALE Network and engineer at john Deere India joins us. We'll discuss studying abroad in India, Malaysia, and the USA.
His specialties include supply chain solutions, transportation management, freight capacity sourcing and optimization, transportation technology, shipper and carrier relationship management, fleet and linear asset management, and network operations.
Given that the study was funded by an Atlanta-based group, the results are hardly authoritative (for instance, a number of major cities, such as Boston, Charlotte, Denver, Philadelphia, Phoenix and Washington, are not included in the study), but they do offer an interesting view on the supply chain capabilities of seven major regions.
Deflategate has consumed the airwaves, headlines, and social media conversations all week, especially here in Boston. LLamasoft and CHAINalytics Partner to Provide Integrated Access to Freight Market Intelligence. Teamsters lose another vote at FedEx Freight facility (Reuters). Department of Homeland Security.
Department of Transportation (DOT) projects that freight volumes in the United States will increase by more than 40% over the next 30 years. The state will test a new communications system in the busy I-80 freight corridor. Population growth and new supply chain technology drive the change.
On October 10th, 2019 the conversation comes to Boston. Join us for a day of discussions with our panel of guests and speakers from the worlds of logistics & tech as we cover the modern needs of the supply chain and the merger between the physical and digital footprint that freight generates!
Prince believes ELDs extend the single-driver transit time for a run from Bakersfield, CA, to Boston from a pre-ELD average of 101 hours to at least 145 hours. Research and identify freight trends with DAT RateView, a truckload pricing database of $45 billion in REAL transactions between brokers, carriers, and shippers.
Only 17% of global chemical companies are “digital champions” (Boston Consulting Group) – also confirmed by GPCA on status of GCC chemical industry. Ocean Freight Visibility Spells new Opportunities for Supply Chains – LogiSYM September 2020. Embracing technologies -Technology is key to enabling integration in the supply chain.
You can read more on the topic in our recent white paper, Wide Open: How the Panama Canal Expansion Is Redrawing the Logistics Map [DK1] , which was written collaboratively with Boston Consulting Group. Free Time and Chassis. In the near future, I think that more ocean carriers will become hesitant to offer elaborate free times.
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