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Cassidy of the Journal of Commerce , truck capacity is not tight; it is simply hidden from view. Every mile driven without using cargo space is lost money to carriers and shippers alike. However, the pressure for tighter, faster and more deliveries has increased to a point where the only solution is change. According to William B.
However, their use felt some restraint, and most companies used them to track large-scale shipments, such as cargo containers, reports Claire Swedbery of the RFID Journal. When applied to the supply chain, this is the Industrial Internet of Things (IIoT). of the WIOMAX SmartIoT Blog.
This week: how expectations for rapid delivery are driving competition in the air cargo space; the growing driver shortage in the trucking industry; how in-store mobility could help boost retail sales; the startup business behind reducing food waste; and how the Internet of Things (IoT) will impact the supply chain.
As reported by Alexander Osipovich in the Wall Street Journal , “The first futures tied to the cost of trucking goods across the U.S. are set to launch on Friday [March 29, 2019], testing whether an old-school industry will embrace a new financial tool designed to protect cargo haulers and shippers against swings in freight rates.”
Freight/Container Loading: Augmented reality could replace the need for a physical cargo list and load instructions. and Smart Factories all powered by the Internet of Things will make running a supply chain as easy as pushing buttons (of course this all means it was set up correctly!). The Journal notes that UTC plans a $1.5
This week: how expectations for rapid delivery are driving competition in the air cargo space; the growing driver shortage in the trucking industry; how in-store mobility could help boost retail sales; the startup business behind reducing food waste; and how the Internet of Things (IoT) will impact the supply chain.
Deans ( @dhdeans ) reports, “The online tracking of trailers, containers, rail wagons and cargo boxes is becoming increasingly common in all markets across the globe. New technology, such as the Internet of Things (IoT) and blockchain, will enable more secure automation of this activity.”[4] ”[16]. .”
As reported by the BBC: Prosecutors say a Dutch-based trafficking group hid cocaine and heroin among legitimate cargoes, including timber and bananas shipped in containers from South America. In 2013, for example, drug traffickers recruited hackers to breach the IT systems at the port of Antwerp.
This is perhaps most manifestly seen right now in the Internet of Things and how industrial companies especially are currently or prospectively leveraging IoT to create new products and services. It was formally reported in the literature in a seminal work that appeared in the Management Science journal in 1974.
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