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When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. Transportation execution solutions allow shippers to connect to multiple carriers and then tender, track, and pay in the system.
That was one of the primary conclusions of the annual logistics report released last week by the Council of Supply Chain Management Professionals (CSCMP) at a media briefing in New York. This year’s report was entitled “Navigating Through the Fog.” The CSCMP report puts an estimate on what it calls total U.S. billion last year.
Issuances of common shares, net of issuance costs 3.6 Acquisition of 3GTMS On March 24, 2025, Descartes acquired all of the shares of 3GTMS, a leading provider of transportation management solutions. The purchase price for the acquisition was approximately $112.7 Additions to property and equipment (1.9) Net change in cash (59.7)
The international inbound transportation service is only available to Walmart Fulfillment Services (WFS) sellers that source or manufacture goods in China, and all cargo must be shipped from Yantian, Shanghai, or Ningbo ports. are then directly transported to a Walmart fulfillment center. according to the Walmart Marketplace website.
The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. The dairy industry says USTR should be ready to continue with additional actions to hold Canada accountable to its USMCA obligations if the consultations fail. s CargoNet.
Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. Diving deeper into the factors behind cost increases, Dick’s management noted the high fuel prices that continue to increase.
and Canada. and Canada. The reasons are many: sustainability, cost savings, delivery efficiency and a better customer experience (for both of Amazon’s customers — the end consumer and its third-party sellers). economy added a seasonally adjusted 353,000 jobs last month, according to the BLS report, the strongest month in a year.
Walmart+ costs $98 per year, or $12.95 It includes free shipping of online purchases, free grocery deliveries to the home for orders of at least $35, prescription discounts and other benefits. More than 1,500 of the rings have arrived at more than 130 stores, Walmart Canada said in a corporate blog post.
Colombian drug smugglers are disguising cocaine as “fake coal” within major bulk consignments to try to dupe port surveillance operations, according to a new report. This means the company won’t need to purchase additional aircraft, but will bring additional pilots on board to handle the volume boost, according to Tomé.
Search for: Customer Resources Associates i-3PL Change Region Contact Us Who We Serve Producers Retailers Food Service Providers What We Do Supply Chain Solutions Technology Transportation FAQs Facilities About Us Executive Bios Sustainability/ESG Americold Operating System Newsroom Cool It! Learn more in our Sustainability Report.
In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!
Over the course of the two-day shopping event, Prime members purchased more than 375 million items worldwide. The 13-day British Columbia port strike appears to be over after the International Longshore and Warehouse Union Canada and the B.C. including Canada’s largest, the Port of Vancouver. Exxon Mobil Corp (XOM.N)
The Supply Chain Matters blog provides observations and additional information perspectives related to the 2025 State of Logistics report. The report points to an upcoming period of high uncertainties along with the need to fundamentally rethink supply chain resilience as a strategic imperative. Costs in all of 2024 rose a reported 5.4
For example, Infor purchased GT Nexus in 2015; OpenText purchased GXS in 2014, GHX purchased H-Card, LLC today; E2open purchased Terra Technology in May 2016 and Orchestro on Monday. Thoma Bravo purchased Elemica in June 2016. The solutions evolved from different funding models. Supply Chain 2030.
Order fulfillment channels are becoming more complex as the possible combinations for purchase and returns explode. Global purchasing power. The current categorization of G7 (Canada, France, Germany, Italy, Japan, UK, USA) won’t be applicable. Social transparency is already driving purchasing decisions by your customers.
ARC defines the warehouse automation market according to a number of qualifications and dimensions to deliver a well-defined measure, with numerous segmentations, allowing those that purchase the research to understand what is being measured, and to easily extrapolate the findings to support their strategic planning needs.
In an uncertain environment, affordability and predictability are at a premium, and a supply-chain organization can deliver these through effective management and oversight of its suppliers. That might mean diverting from Los Angeles/Long Beach to Canada or Mexico.
and Canada. By operating hubs comprised of several warehouses located in a campus, GXO is able to increase operational agility, reduce reducing transportationcosts, and speed up delivery times. In GXO’s annual report it states that roughly 30 percent of its revenue is from automated sites. After talking to Mr.
Liquor stores in Canada pull Russian products from shelves. E2open acquired Logistyx Technologies for a total purchase price of $185 million, including $90 million paid in cash at closing and the remaining balance to be paid in two additional installments at 90 days and 180 days post-closing. E2open acquires Logistyx Technologies.
One recent consequence of these tariff announcements is Stellantis temporary suspension of production at a plant in Mexico and another in Canada. These include holding back on purchase orders in the hopes that tariffs will be removed or reduced after further trade talks, moving production facilities, or applying for tariff remedy programs.
MercuryGate Launches Global, Omni-modal Freight Procurement Solution. Marten Transport Ltd. Many shippers have effectively elected to toss to the wayside any talk of partnerships, relationships, cooperation, collaboration, etc. ,” the report read [emphasis mine]. Analysts at Stifel Inc. Hub Group Inc.,
Freight tons moving on the nation’s transportation network will grow 40 percent in the next three decades while the value of the freight will almost double, increasing by 92 percent, according to the latest projections by the U.S. trillion in 2015). trillion in 2015). That is the “hundreds of billions of dollars” question.
This was not a trivial transition because the software industry, until relatively recently, was long fixated on measuring its health and success by new license revenue (sales of products) instead of customer-centric metrics, such as realization of ROI and payback objectives. Where is Descartes today? billion transactions last year.
With the increased prominence of Supply Chain, Logistics and Procurement within organizations, is compensation increasing? and their equivalent of Supply Chain Canada). and Canada, we think the results are instructive for Canadian hiring managers and SCM professionals as well. Given the close economic links between the U.S.
Custom packaging, branded inserts, and personalized gift notes can go a long way in delighting customers and encouraging repeat purchases. Efficient shipping requires precise coordination between warehouse operations and transportation carriers to ensure timely deliveries and satisfied customers.
market, and as reported by the Wall Street Journal yesterday: Since the shipping company filed for bankruptcy protection in a Seoul court Wednesday, terminal operators, ports, cargo handlers, truckers and others have refused to handle its cargo, for fear they won’t get paid. China, Canada, Spain and elsewhere. Hanjin handles about 7.8
million metric tons (or 60% of the world’s supply). million metric tons. Traditionally, companies like Apple haven’t purchased the metal directly from mines, but through brokers like China’s Congo Dong Fang Mining. Supply chain is not just about the procurement and transportation of goods from source to consumer.
While the pandemic has given procurement managers fresh ammunition to advocate for greater resiliency within their corporate supply chains, geopolitical experts and a bipartisan coalition of legislators argue that the U.S. Canada joint action plan on critical minerals as a foundation for greater supply chain cooperation in that segment.
Automated vehicles means safer transportation, 24/7 operations and less deadhead operations. Last-mile shipping will change as people expect goods to be delivered to people, likely based on live location reporting from their cellphone. Supply Chain Today in Freightos, @SCMProfessor ]. Now we’re just waiting for Google Truck.
Additionally, the advancements and constant changes in technology and analytics play a huge role in supporting the success or failure of a modern day supply chain. As if this wasn’t enough, transportationcosts are rising and forcing companies to constantly adjust and optimize. They are multi-national and do $3.5B/year.
Think about your most recent purchase. This sequence of events involves many moving parts, including purchasing, packaging, shipping, and transporting materials to distributors to sell to the end customer. Brands can connect products, sales channels, warehouses, workflows, reports, and more. Venture Funding: $25M U.S.
According to reporting from The Wall Street Journal , the company has been leveraging strong demand for refrigerated warehousing since the Covid-19 pandemic began. a provider of transportation management systems ( TMS ). billion billion in a recent initial public offering (IPO). This column highlighted Lineage’s $1.9
Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster.
In logistics and supply chain management, however, transport and warehousing are the most significant sharing processes thanks to a welter of economic benefits for all parties—and the trend is accelerating despite the dampening effect of the COVID-19 pandemic. Why Businesses, Large and Small, Think it’s Fair to Share.
Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. He graduated from the Cambridge Academy of Transport and the Chilean and German Commerce Institute with a degree in maritime transport, respectively.
Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. This compilation is based on the most currently available company revenue data (between 2018 and 2020) without factoring in any other metric. Nippon Express owns more than 31.7
million metric tons (or 60% of the world’s supply). million metric tons. Traditionally, companies like Apple haven’t purchased the metal directly from mines, but through brokers like China’s Congo Dong Fang Mining. Supply chain is not just about the procurement and transportation of goods from source to consumer.
Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Additional predictions for rate decline have ranged from 51 to 80% (Hand).
De minimis and the US-Mexico-Canada (USMCA) Agreement In 2020 the new USMCA free trade agreement between the US, Mexico and Canada saw changes to de minimis thresholds for the movement of goods between these countries. The goal of the change was to drive up trade and encourage eCommerce. What is the de minimis rate for New Zealand?
Last week, the industry publication Aviation Week published its report, Pratt GTF Repair Plan Jolts Beleaguered Airline Industry. Specifically noted in the report: “ The effect on the airline industry will be profound.” Reportedly the news of a far broader inspection program caught most airline providers by surprise.
more near-shoring and larger, less frequent shipments to minimize transportationcosts). How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? The Rebirth of Transportation Marketplaces (UberCARGO, Cargomatic, and Freight Friend). Abercrombie & Fitch Inc.
Intelligent procurement technology provider JAGGAER announced the finalization of a partnership with TealBook , a tech provider that leverages artificial intelligence and machine learning to gather, predict and refine supplier data and to provide companies with additional product sourcing options.
According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4% billion, while transportationcosts increased by 10.4% His current role as a Sr.
Maersk , a global leader in transportation, supply chain and logistics management, and general freight, announced February 9, 2022, “The intended acquisition of Pilot Freight Services (Pilot), a leading U.S.-based As another example, shipping with USPS recently grew in costs due to the rising pressures of pandemic-fueled business growth.
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