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The intricate networks of shipping routes, ports, and inland terminals have strengthened the interconnectedness of the world economy, and maritime shipping is the critical mode of globaltransport. The Suez Canal, for example, is crucial for energy and cargo shipments moving between Asia and Europe. CSCMP puts this out.
One is a rather significant acquisition announcement that has the potential to change the globaltransportation and logistics landscape. maritime transportation, state of the art warehousing, logistics and air freight capabilities. based maritime transport, added logistics and warehouse services.
Chris Cser and Joe Lynch discuss global giants – ICAT moves the world’s largest cargo. Chris is the Director of Operations at ICAT Logistics Detroit where they handle the shipments that other companies don’t, can’t, and won’t. In his off hours, Chris is a sports enthusiast who enjoys cooking.
And now on to this week’s logistics news. Cargo ships avoiding Houthi attacks in the Red Sea face a different kind of delay-causing threat as they go around the southern tip of Africa: storms and 30-foot swells. The post This Week in Logistics News (July 6 – 12) appeared first on Logistics Viewpoints.
I said that the next phase in this evolution would be to expand the scope of the TMC from a largely domestic view to the complexity of globaltransportation operations. Transportation & LogisticsGlobalLogistics Network Agility transportationTransportation Management Center'
In a prior published commentary, we provided highlights of March and Q1-2022 global production indices along with their implications. We now add highlights of March and Q1-2022 key globaltransportation and logistics indices. Global and Domestic Transportation and Logistics Indices. Global Shipping.
I’ve worked in the supply chain for 30+ years, working for major retailers including Kmart, Michaels and Five Below, as well as on the 3PL and logistics side with companies including FedEx, where I was Vice President of GlobalTransportation, and UPS, where I worked as Vice President of Supply Chain Design.
However, the biggest pain point for these global supply chains is the one that seems inescapable – transportation costs. Pain Points Increasing Transportation Costs. No matter how much can be saved from sourcing globally, transportation costs continue to creep in to seriously affect a product’s profit margin.
Cargo containers. It’s critical that importers monitor current global trade news to ensure they understand any pending customs tariff, duty or trade agreement changes that could impact their material landed costs. Tariffs on Chinese Goods: Understanding the Updates appeared first on Talking Logistics with Adrian Gonzalez.
Omnichannel business models often lead to more complicated global supply chains. With the main focus on maximizing time and cost efficiencies, cargo risk management is often skipped over despite being a critical step in protecting your company. . The risk of delays and lost cargo are real. What risk does your cargo face?
Evaluate your logistics planning with you 3PLs to drive operational excellence. Andrea Gruber, Senior Manager, Special Cargo, IATA. Yoram Eshel, Senior Director, GlobalTransportation and Logistics, Teva Pharmaceutical. Stephen Mitchell, Quality & Compliance Manager, GlobalLogistics, GlaxoSmithKline.
Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Even Amazon used third-party logistics companies when the company first started, until reaching sufficient scale to have a logistics arm of its own.
How General Average Could Ruin Your Ocean Cargo Deliveries | Transportfolio. Start by building your knowledge of how general average works, how it can impact your shipments if general average is declared, and how marine cargo insurance can help you sleep like a baby at night. Ship owners have a lien on the ship’s cargo.
Ikea’s Singapore operations called it a “globaltransport crisis” and estimates 850 of its 8,500 products are affected by shipment delays. Chinese tech giant Alibaba’s logistic arm Cainiao launched a container booking service last week in response to the global shortage. rates are up 145% year over year.
In this February 10, 2023 edition of Supply Chain Matters This Week in Supply Chain Tech we highlight news related to Shopify and Flexport , as well as Frieghtos , each in the transportation and logistics visibility tech segment. Shopify itself has been growing inherent logistics services by way of acquisition.
Want a quick “win” in global forwarding costs? Look at ocean cargo consolidation (less than container load, or LCL). The third party logistics (3PL) provider you choose with LCL capabilities will combine complementary freight from multiple shippers into a single container. It enables you to take the best advantage of space.
FedEx Partners with FourKites to Develop Logistics Intelligence Platform. Large shippers and logistics providers can use the tool to track orders, manage delivery providers and find alternate routes in the case of weather delays or other disruptions,” FourKites CEO Matt Elenjickal wrote in an email to Supply Chain Dive.
So you’ve decided to invest in a globaltransportation management system (TMS). It’s a question that more companies are asking as supply chains continue to expand globally. Here are some questions that should be on the list as you evaluate TMS solutions in a global context. How flexible are the provider’s solutions?
It’s not too late to get your product to store shelves in time for Black Friday, thanks to the swift performance of air cargo service. With significantly shorter lead times than other modes, air cargo can get your product to market in as little as a day. Understand the metrics of air cargo: time and money. Plan, plan, plan.
And the canal was too small for the Post-Panamax vessels, which carry two to three times as much cargo as the ships that currently squeeze through the Panama Canal. football fields, make up about 16% of the global container fleet but carry 45% of the container cargo. logistics landscape starting in 2016.
Want a quick “win” in global forwarding costs? Look at ocean cargo consolidation (less than container load, or LCL). The third party logistics (3PL) provider you choose with LCL capabilities will combine complementary freight from multiple shippers into a single container. It enables you to take the best advantage of space.
Supply Chain Matters highlights a significant joint announcement from global shipping lines Maersk and MSC that should garner the interest to supply chain management transportation and logistics management teams. In a joint statement, CEO Vincent Clerc of A.
Added safety and health protections, to include vehicle air conditioning and cargo ventilation in all larger delivery vehicles, sprinter vans, and package cars purchased after Jan. All existing delivery vehicles will be equipped with two fans and air induction vents in cargo compartments.
As the transportation industry waves goodbye (and good riddance) to 2022, innovative logistics professionals are already working hard to make 2023 a banner year for the globaltransportation industry. UPS to Continue Service Despite Threat of Strike. FedEx Launches Consolidated Returns Service. 12 statement from FedEx. “
Customs Trade Partnership Against Terrorism (C-TPAT) is a program in CBP’s multi-layered cargo enforcement strategy to strengthen international supply chains and improve U.S. We’ll continue to share updates as we monitor the progress and changes made on these and other global trade programs. border security.
The Supply Chain Matters blog highlights February global manufacturing and supply chain indices and challenges relative to product demand and supply network imbalance levels in the first quarter of 2022. Commentary related to January’s PMI and logistics data can be accessed at this web link. Global Wide Production Activity.
When the expanded Panama Canal opened this June, a new set of routes became available for shippers and beneficial cargo owners (BCOs). Cargo can enter the country via East coast or West coast ports depending on variables such as the type of product being shipped. New Panama Canal Options: Running the Numbers with a TMS.Connect by TMC.
The coronavirus outbreak has prompted an official global health emergency that is severely affecting business operations not only in China but also around the globe. We also continue to see several airlines cancelling flights in and out of China which can have impact to cargo capacity.
based Logistics Managers Index likely noticed that this index reading for the month of May increased 2.7 The May report indicated that the Transportation Price index increased 13.7 Outlook for the Remainder of Year We especially call our readers’ attention to today’s published report by the global business broadcasting network CNBC.
In this update, we focus on our fifth prediction which is focused on globaltransportation and logistics services sectors. 2023 Prediction Five: Global Wide Transportation, Logistics and Brokerage Services Sectors Will Face a Challenging Year With Significant Consequences. Prediction Background.
Supply Chain Matters once again highlights some positive news for global supply chain management teams, specifically transportation and logistics related teams. As supply chain logistics and transportation teams are keenly aware, rates peaked to more than $20,000 per container for both routes at this time last year.
Commercial and industrial activities such as manufacturing, R&D, warehousing, and logistics are undertaken in freeports, which are designed to attract manufacturers producing or assembling goods predominantly for export. Where are the major freeports in the world? Freeports can become easy conduits to and from other free trade zones.
Accordingly, they developed new logistic strategies to decrease those labor costs. Robinson, will be able to offer a global suite of services backed by technology and people you can rely on. This is the key to reliably meeting all of your logistics services and technology needs today and in the future. Cargo insurance.
As POs come in, the provider calculates the dates for cargo to be picked up and continues to verify as the delivery dates approach. Global shipping options and how to choose the right one. You need to make decisions about how you will transport your goods globally. Each method has its advantages and disadvantages.
As POs come in, the provider calculates the dates for cargo to be picked up and continues to verify as the delivery dates approach. Global shipping options and how to choose the right one. You need to make decisions about how you will transport your goods globally. Each method has its advantages and disadvantages.
Shippers, carriers, and logistics service providers will need to make decisions, given the likely scenarios, about how to best serve their customers in a changing business environment. Logistics service providers can help both carriers and shippers sort through their options. The Panama Canal expands in 2016. What will it mean for U.S.
In this ongoing evolution, even cross-border logistics is becoming mainstream. The business transaction, cargo shipping, payment wiring and collection, and document exchanges are no longer individual pieces of the chain. Cross-border ecommerce logistics play an essential role by acting as the open logistics resource for each ecology.
Since the protests began, over 1,000 trains have been cancelled, train stations and cargo trains have been burned, and other public properties have been damaged. The army was called in and curfews were imposed, but the impact of the riots remains.
Logistics has always been the backbone that silently keeps the world moving but, in this time of uncertainty, its importance has been magnified. COVID-19 has caused disruption globally to all business, in one way or another, and navigating this unprecedented time has highlighted many challenges.
For example, the G6 alliance has six different cargo interests on one vessel, all of which might have different terminal and intermodal interests. How will the expansion impact logistics? Read the white paper, Wide Open: How the Panama Canal Expansion is Redrawing the Logistics Map. Carrier Alliance Confusion.
For example, the G6 alliance has six different cargo interests on one vessel, all of which might have different terminal and intermodal interests. How will the expansion impact logistics? Read the white paper, Wide Open: How the Panama Canal Expansion is Redrawing the Logistics Map. Carrier Alliance Confusion.
That’s where air freight and third party logistics providers (3PLs)—like C.H. Air cargo can become essential for many supply chains rather than too expensive. Today, consumer expectations for next day (or even same day) delivery can place undue pressure on an organization’s inventory strategy and existing replenishment capabilities.
That’s where air freight and third party logistics providers (3PLs)—like C.H. Air cargo can become essential for many supply chains rather than too expensive. Today, consumer expectations for next day (or even same day) delivery can place undue pressure on an organization’s inventory strategy and existing replenishment capabilities.
Because the International Longshore and Warehouse Union (ILWU) and Pacific Maritime Association (PMA) didn’t reach an agreement until February 2015, most of the beneficial cargo owners (BCOs) had moved their volumes ahead of the peak season in order to avoid possible delays at the port.
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