This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. Going forward, it is vital that shippers analyze their freight spend and if required renegotiate their rates regularly to remain competitive.
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.
This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. The short-term strategy to build resilience, is to focus on three major elements, essential to keep freight moving. .
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.
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.
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.
Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. Sourcing Consultant.
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.
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?
Supporting localisation – To increase resilience, means to decentralise sourcing. Repositioning production plants / source manufacturing closer to end users’ markets, requires investing in regional infrastructures. Ocean Freight Visibility Spells new Opportunities for Supply Chains – LogiSYM September 2020.
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.
They have a global network that provides supply-chain data from ocean freight forwarders and transporters, that they then make available for integration with your own business. The Boston Consulting Group discusses data sharing arrangements for sustainable development and other societal challenges. CONCLUSION.
I’m taking the day off from work today, heading to Boston with my mom and my wife and kids, and we’re just going to pass the day in the city. May 2015 North American Freight Numbers. Source: Amazon. “I can’t believe I have a 67 year old mother,” was my response back, and I kissed her cheek and brought her overnight bag upstairs.
The invention of the ocean container as a means for inter-modal sea and surface transportation movements have orchestrated the march toward lowest cost global based sourcing of components and materials. Background Ocean container shipping and logistics are the lifeblood of global supply chain movements.
A new report from the Food Marketing Institute and Boston Consulting Group highlights the effects increased demand had on organizations in the CPG marketplace. Because of the massive demand influx on capacity and notable shortage of drivers, carriers dramatically increased freight rates and brands paid the price. cost per case.
This news comes after WI city and local government bought out local homeowners via eminent domain, according to Freight Waves. Uber Freightsourcing truckers to rate shippers. The freight matching app has already received comments from 30,000 active users on 10,000 shipping facilities., according to Trucks.com.
UPS acquires Delivery Solutions UPS entered the same-day delivery space last year by acquiring a same-day delivery crowd-sourced platform, Roadie and on May 31 of this year, UPS acquired Delivery Solutions, a SaaS technology provider. Other tech providers in this space include Bringg and Delivery Solutions. I wear a number of hats these days.
Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively.
Founded in 2000, Germany based Transporeon provides a digital freight platform the supports more than 1,200 shippers, 100 large retailers, and over 120,000 logistics services providers and carriers. According to reporting by the Boston Globe , Locus presently generates $100 million a year in revenue, but hasn’t reached positive cash flow yet.
The combination boosted demand, as shippers wanted to move freight out the door before the end of June. One additional source of rate pressure looms, however: Amazon's Prime Day, with special deals on merchandise and shipping, is coming up on Tuesday. Allentown to Boston rates were up 18¢ to an average of $3.44 per mile.
Trucks can’t get in or out of Houston , which is a huge freight hub – it’s the number 1 source of loads for flatbeds, thanks to the oil and gas industry, and one of the top 5 or 6 markets for both van and reefer freight. Philadelphia to Boston rates rose 25¢ to $3.53 RISING LANES.
– Boston Consulting Group, Climate Action Pays Off in Transportation and Logistics, July 2020. The World Economic Forum’s report on the “future of the last-mile ecosystem” states that 85% of delivery mileage from freight delivery are majorly responsible for emissions and congestion driven by commercial vehicles.
Reefer volumes have fallen, though, and that's also kept van rates in check since reefer trucks compete for van freight during slow periods. The nationwide trends of locally sourced fresh produce or alternate sourcing may be part of the explanation for lower reefer volumes. Miami to Boston dropped 26¢ to $1.74/mile.
Reefer volumes have fallen, though, and that's also kept van rates in check since reefer trucks compete for van freight during slow periods. The nationwide trends of locally sourced fresh produce or alternate sourcing may be part of the explanation for lower reefer volumes. Miami to Boston dropped 26¢ to $1.74/mile.
My first focus was on China sourcing. China was the source of over 90% of PPE.) I gave thanks when the Patriots jet—championed by Mass General and Robert Kraft (owner of the Patriots)—landed in Boston with a million masks. Border crossings will be tough, and the infrastructure for the ocean and air freight tumultuous.
If there are not enough ships to accommodate freight, it is viewed as under capacity. Overcapacity is the opposite, with more available ships than freight. The Boston Consulting Group points to increasing container capacity and projects the gap between the demand for goods and the oversupply in vessels will be 2 million to 3.3
This past Monday marked the first normal Boston Marathon since 2019, as the 2020 marathon was canceled due to the Covid pandemic, and the 2021 marathon was shifted to October with a smaller field. And what a race it was. Richard crossed the finish line at 2:52 pm, which was almost the exact time the bombs went off.
I was hoping for 70F+ weather, but even Florida fell victim to the Polar Vortex, with temperatures only in the 50s (which felt tropical, nonetheless, compared to Chicago and Boston). Uber Freight: Transportation Facility Brand Managers. I woke up at 2:15 am on Wednesday and couldn’t fall back to sleep.
Today marks the three-year anniversary of the Boston Marathon bombings, a sad and scary day, especially those of us living in the Boston area. May their memory continue to be a source of strength and comfort to their families and friends and us all. February 2016 Freight Transportation Services Index (TSI).
Cass Freight Index June 2015 Report. Robinson and the Boston Consulting Group published a research report on the potential impact the Panama Canal expansion could have on logistics strategies and operations (watch my conversation with two of the authors in a recent episode of Talking Logistics ). North American railroads bet on U.S.
“Some companies are starting to invest in creating data-backed profiles of their supplier base so they know where and when to look for second sources. These tools can also rapidly model alternate supply and transportation scenarios, such as rerouting around a port strike or going to an alternate source of supply.”
A recent study conducted by the Boston Consulting Group (BCG) for the World Economic Forum (WEF) concluded:[5] Many companies can multiply their climate impact by decarbonizing supply chains. ” Eight supply chains account for more than 50% of global emissions. A significant share is indirectly controlled by only a few companies.”
To reiterate that reshoring is more than just hype and a very important topic for us to consider the Boston Consulting Group (BCG) study found that 54% of companies with above one billion in revenues are now considering reshoring. More Regulation Hindrances to Reshoring In America: Sourcing New Minerals and Metals Mines. As the U.S.
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.
The challenge for automotive manufacturers remains the same: They’re either drowning in surplus inventory that is no longer needed, or they have insufficient stock to meet current demand forcing them to pay high prices to source missing parts. Ford is an example of this, as its collaborated with U.S.
Apple in talks with miners to secure cobalt supplies: sources (Reuters). For another case study example, see The Boston Globe: A Home Delivery and Outsourcing Failure.). Increased Demand for Real-Time Freight Visibility. For related commentary, see On-Time In-Full (OTIF) and the Growing Demand for Real-Time Freight Visibility.
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.
maritime transportation, state of the art warehousing, logistics and air freight capabilities. A designated new logistics R&D hub to be located in Boston , will focus on advanced robotics and automation technologies developed in close collaboration with U.S. The other is an announced four year investment in U.S.
The day before I traveled to Boston, I spoke to a client. Labor shortages abound for road freight. The Freight Rates for a 40 foot container from China to the west coast of the United States is quadruple the price of a year ago. The practices of lane bidding and enterprise freight optimization are over. Price Increases.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content