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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

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DB Schenker – Singapore: A Vital Node in Singapore’s Logistics Ecosystem

The Logistics & Supply Chain Management Society

Typically, 45% to 50% of cargo is carried in belly holds of aircraft. With broad-based support packages, targeting hardest-hit industries like aviation, coupled with support of a strong logistics ecosystem, reinforced by global players such as DB Schenker. From its peak, 97% flight capacity was reduced from Singapore Airlines.

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

While the industry is flush with terms like digital twin and what-if modeling, current applications were not equal to the need. More and more cargo shifted to ocean transport until the container imbalances resulted in issues with “rolling the freight” from ship to ship despite confirmed bookings. Next Steps.

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Addressing Challenges in Global Logistics Operations with Technology

DELMIA Quintiq

Going back 14 years ago, the logistics industry dramatically reduced capital expenditure in 2008 when the great recession hit. In fact, the outperforming logistics vendors today (based on profitability and revenue growth metrics) are the ones that were extra cautious on capital expenditure in the years following the recession.

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Turvo Partners with OpenTrack To Simplify Ocean Freight Visibility

Turvo

Turvo, provider of the world’s leading collaboration application designed for the supply chain, recently announced a new partnership with ocean freight visibility management technology solution provider OpenTrack. The OpenTrack platform tackles fragmented data and workflows of the trillion-dollar logistics industry. About Turvo.

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This Week in Logistics News (March 23 – 29)

Logistics Viewpoints

In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long mile-long span. The collapse sent vehicles and people plunging into the water. The Arkansas Department of Transportation expects 1.5

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CSR Initiatives in the Global Supply Chain

The Logistics & Supply Chain Management Society

The responsibility of sustainability is no longer limited to the individual, but it extends to corporations, industries and even governments. The global supply chain industry has by default, a large environmental impact, through its carbon footprint. Acting for Planet. The CMA CGM Group aims to achieve carbon neutrality by 2050.