Transportation Risk Management: Keep Your Cargo Out of Danger

Logistics Viewpoints

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. Due to the global outbreak of the coronavirus, many global shippers are recognizing the value in a risk management plan to best prepare themselves for the current situation and others like it in the future. The risk of […]. Guest Commentary Transportation risk management

Supply Chain Risk Management: Could You Face a Category 4 Supply Chain Disaster?

Kinaxis

states, obvious disruptions to supply chains and supply chain risk management were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. Starting with Miami, this port primarily handles containerized cargo with small amounts of breakbulk, vehicles and industrial equipment. containerized loaded cargo volume and more than 18% of the East Coast container trade. Supply chain risk management

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Supplier Risk Management: 4 Things To Look Out for During On-Site Evaluations

Cerasis

This post is the second in a series of “How to Spot Supplier Risk.” ” In the process of business procurement and especially in the supply chain, supplier risk management is a skill set that needs focus day in and day out. Enhancing Supplier Risk Management Through On-Site Evaluations. The second article in our series on identifying supplier risk explores what to look for during on-site evaluations.

Supplier Risk Management Considerations for the Coronavirus Outbreak

ivalua

Factories in China are facing staffing shortages or are electing to remain closed to protect its workforce, airlines have suspended flights to China, and restrictions and regulations designed to control the spread of the virus could have an adverse impact on cargo leaving and entering ports all over the world. This will impact manufacturers and retailers who rely on these products and labor, the logistics haulers expecting to transport the material, and ultimately the end consumers. .

Countdown to Black Friday: Are You an Easy Target for Cargo Theft?

Talking Logistics

As shoppers count down the days until they can score deals on the hottest products, cargo thieves are counting on cashing in on opportunities to swipe unattended trailers and shipments. The industry experiences more cargo theft incidents when there is a higher volume of consumer goods moving through the supply chain. But while we are in the midst of a season notorious for a spike in cargo thefts , there are a few precautions you can take to protect your freight.

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Keep Your Cargo Out of Danger: Best Practices for Transportation Risk Management

CH Robinson Transportfolio

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. . Due to the global outbreak of the coronavirus, many global shippers are recognizing the value in a risk management plan to best prepare themselves for the current situation and others like it in the future. The risk of delays and lost cargo are real. What risk does your cargo face?

This Week in Logistics News (January 19-23, 2015)

Talking Logistics

” Companies have historically overlooked B2B Connectivity when evaluating supply chain software solutions, such as transportation management systems. Instead, companies should view B2B Connectivity as a utility and outsource it to a Supply Chain Operating Network, where data quality management is central to their business model and value proposition. Note: Elemica and Kewill are Talking Logistics sponsors.

Coronavirus COVID-19 Supply Chain Update

Transplace

Ocean Cargo Updates. Cargo flows and ship calls are rebounding in China as the situation normalizes. The reopening of factories in China would see a gradual return of demand, but Alphaliner noted in a recent newsletter that cargo volume recovery was expected to take a few weeks. Savannah and Brunswick are predicting an import cargo decrease by 40% in March and April from 2019 levels. Coronavirus COVID-19 Supply Chain Update.

This Week in Logistics News (September 12-16, 2016)

Talking Logistics

Are you attending the Council of Supply Chain Management Professionals (CSCMP) Annual Conference later this month (September 25-28 in Orlando, FL)? If so, I invite you to attend two of the sessions that I am participating in, both related to transportation management: TMS 4 SMB: A Case Study with Carhartt. Speakers: Sharon Perry, Vice President of Logistics, Carhartt; Gregg Lanyard, Director, Product Management, Manhattan Associates; Adrian Gonzalez, President, Adelante SCM.

Letter from the CEO: Coronavirus Market Update

Transplace

Cargo flows and ship calls are rebounding in China. The reopening of factories in China would see a gradual return of demand, but Alphaliner noted in a recent newsletter that cargo volume recovery was expected to take a few weeks, and until normal volume is reached, carriers would continue to selectively implement blank sailings, likely until the end of March. Savannah / Brunswick are predicting import cargo decrease by 40% in March and April from 2019 levels.

How General Average Could Ruin Your Ocean Cargo Deliveries

CH Robinson Transportfolio

How General Average Could Ruin Your Ocean Cargo Deliveries | Transportfolio. It’s time to assess what’s at stake and think about how you can minimize your risk. 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. General average is a throwback to the days when a crew tossed cargo overboard to lighten the ship in a storm.

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This Week in Logistics News (January 4-8, 2016)

Talking Logistics

In the meantime, here’s the supply chain and logistics news that caught my attention this week: EU Approves FedEx Acquisition of TNT Express ( WSJ – sub. INTTRA Collaborates with JDA Software for Streamlined Transportation Management. LoJack SCI and TransVoyant Partner to Deliver Supply Chain Risk Alerting. Transervice Announces Launch of Tech-Based Freight Management Company. Note: GT Nexus and JDA Software are Talking Logistics sponsors.

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Letter from the CEO: Market Update April 23, 2020

Transplace

Facilities for drivers are being cleaned regularly to minimize risk. Port of Virginia’s cargo volumes are down ~ 9% YoY. Assess the risk of bankruptcy on providers and know which providers have been over invested in your network, particularly highly strategic regional carriers that may have a high amount of freight within your network. We are continuously evaluating market risk, capacity, and opportunity across the network and by origin, mode, and/or lane type.

Can Supply Chain Financing benefit from Cargo Monitoring?

Global Trade Management

You know the buyer, you trust him because you immediately get the money and there is not much risk involved. Each party tries to reduce its risk. The risk itself is not gone, but for a fee the bank will take over this risk for you. To minimize the risk, the bank will only finance your supply chain based on certain securities. 20% financing) confirmation from the logistics company, that the products have been delivered (e.g.

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Letter from the CEO: Market Update May 21, 2020

Transplace

Based on spot market data from the Transcore / Link Logistics database, rates within Canada have softened since mid-March between 4 and 14% depending on the lane / market. Majority of countries are re-opening gradually and cargo flows are re-emerging as shippers and manufacturers increase activities. We are continuously evaluating market risk, capacity, and opportunity across the network by origin, mode, and/or lane type. Letter from the CEO: Market Update May 21, 2020.

The Day a Cyber Attack Brings the World’s Supply Chains to a Halt

Talking Logistics

“FedEx and UPS have ground to a complete standstill today due to what they say is a virus in their logistics shipping software…blaming the hacking group Anonymous after they declared their intention to punish shipping companies for halting shipments of flu vaccines into China. Cyber risk and security is getting more attention from the ocean shipping community too. This brings the greater risk of unauthorised access or malicious attacks to ships’ systems and networks.

The Hackers Inside Your Supply Chain

Talking Logistics

trillion in cargo annually. While the Coast Guard initiated a number of activities and coordinating strategies to improve physical security in specific ports, it has not conducted a risk assessment that fully addresses cyber-related threats, vulnerabilities, and consequences. The second report , issued by TrapX Security, is even more troubling because it hits closer to home — that is, the warehouses and IT systems of manufacturers, retailers, and logistics service providers.

Experts Choice Of Top Online Logistics Resources

Freightos

The Experts’ Choice of the Top Online Logistics Resources. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Experts’ Choice: Supply Chain and Logistics Email Newsletters. This is the experts’ selection – but if we had to choose just one, our go-to read is the fast-rising WSJ Daily Logistics Report. Ti Logistics Briefing.

The 11 Transportation Service Offerings

The Logistics of Logistics

Last summer, Inbound Logistics published a list of different 3PLs and their services. Transportation Service Offering 2 – Air Cargo. Air transportation is used to transport air cargo by plane. Air cargo or air transport is a vital component of many international logistics networks. There are many different types of cargo that are moved in various types of ships. Bulk carriers are cargo ships used to move bulk cargo like coal, ore, grains and liquids.

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Change is inevitable in modern supply chain management, and risk management is essential to success. Risks evolve and become more prevalent with time. Risk management strategies of yesteryear are ineffective in the changing landscape, and no type of transport can avoid risks. Risks exist in land, air and ocean freight. Understanding the top 10 global supply chain risks can work to reduce their impact. Environmental Risks.

Canadian Ports: A Fast Lane for Asia-U.S. Imports?

Talking Logistics

West Coast ports continue , causing importers like Lululemon Athletica to delay store shipments by up to 10 days, other shippers are heading to Canada’s West Coast ports, such as Prince Rupert where cargo traffic headed for the U.S. As I said at the time, when you stand back and think about it from a supply chain risk management perspective, being in a situation where just 800 clerks can shut down the main entry point for about 40 percent of U.S. While the delays at the U.S.

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Still Think Dangerous Goods is Just Paperwork and Labels?

Talking Logistics

The dangers of shipping lithium-ion batteries, particularly via air, has been in the spotlight in recent years following several deadly incidents, including the crash of a UPS cargo plane in September 2010 that was attributed to “the autoignition of the contents of a cargo pallet, which contained more than 81,000 lithium type batteries and other combustible materials.”. As I wrote more than three years ago in A New Era for Global Trade Management Software? :

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New Lithium-Ion Battery Shipping Regulations Can Impact Electronics Supply Chains (Part 1)

Resilinc

This is part 1 of a 2-part blog addressing the International Civil Aviation Organization's (ICAO) recently enacted ban on the shipment of lithium-ion batteries as cargo consignments on passenger planes and the associated supply chain risks of such provisions. The ICAO – a United Nations agency regulating the transport of dangerous goods on aircraft – has enacted a controversial ban on the shipment of lithium-ion batteries as cargo on passenger aircraft.

Transparency and integrity for your supply chain

Global Trade Management

Ideally, the supply chain manager always knows where and in which condition his merchandise is. Tracing of freight – reduce search times Logistics manager often complain high search time for lost goods. The recipient of a shipment can for example demonstrate when and where in the distribution chain, the cargo has been damaged.

Customer Advisory on Hurricane Harvey

TMC

Please reach out to your TMC account manager if you have additional questions. Operations for freight cargo will remain closed until further notice. Note that when the channels and port open, cargo destined for other ports may be unloaded in Houston. Risk Management Logistics Supply Chain Management Technology Weather

Customer Advisory on Hurricane Harvey

TMC

Please reach out to your TMC account manager if you have additional questions. Operations for freight cargo will remain closed until further notice. Note that when the channels and port open, cargo destined for other ports may be unloaded in Houston. Risk Management Logistics Supply Chain Management Technology Weather

Don’t Wait for Dwell Time to Delay Your Freight

TMC

Here are three ways that shippers and beneficial cargo owners can mitigate the risk of excessive dwell time in any port. Real-time, or near real-time connectivity to key logistics partners in the extended supply chain helps to prevent delays that can inflate dwell time. A transportation management system (TMS) can be used as a communications hub to maintain a high level of supply chain connectivity. Review global trade management processes.

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Don’t Wait for Dwell Time to Delay Your Freight

TMC

Here are three ways that shippers and beneficial cargo owners can mitigate the risk of excessive dwell time in any port. Real-time, or near real-time connectivity to key logistics partners in the extended supply chain helps to prevent delays that can inflate dwell time. A transportation management system (TMS) can be used as a communications hub to maintain a high level of supply chain connectivity. Review global trade management processes.

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4 Tips to Ensure the Upcoming Eclipse Doesn’t Leave Your Supply Chain in the Dark

TMC

From hurricanes to cyber-attacks, supply chain managers have to anticipate and manage the impacts of unplanned disruptions. While most disruptions occur without warning, sometimes shippers and logistics providers do have an opportunity to see one coming and plan accordingly. Before the restrictions or impending disruption occurs, get in touch with trading partners to discuss a proactive logistics strategy. Deploy dock management tools.

Expect the Unexpected: Planning Supply Chain Contingencies for Unpredictable Events

TMC

In previous posts , we’ve explored ways to prepare for supply chain disruptions that are predictable using the rich functionality of modern transportation management system (TMS) technology. When these events happen, shippers are forced to execute emergency contingency plans and decisions, or manage as best they can if they don’t have a plan or have opted for a wait-and-see strategy. In today’s uncertain world, supply chains are more sensitive than ever to unplanned risks.

Weather-Proof Your Supply Chain with a TMS

TMC

Proactive planning that is supported by a technology management system (TMS) provides the logistics options you need to minimize the hazards of a testing winter season. Before the deep freeze descends, get in touch with trading partners—such as carriers and logistic management providers —to discuss a proactive logistics strategy for the upcoming season. Deploy dock management tools. Risk Management TMS Technology Transportation Management Weather

Weather-Proof Your Supply Chain with a TMS

TMC

Proactive planning that is supported by a technology management system (TMS) provides the logistics options you need to minimize the hazards of a testing winter season. Before the deep freeze descends, get in touch with trading partners—such as carriers and logistic management providers—to discuss a proactive logistics strategy for the upcoming season. Deploy dock management tools. Risk Management TMS Technology Transportation Management Weather

4 Tips to Ensure the Upcoming Eclipse Doesn’t Leave Your Supply Chain in the Dark

TMC

From hurricanes to cyber-attacks, supply chain managers have to anticipate and manage the impacts of unplanned disruptions. While most disruptions occur without warning, sometimes shippers and logistics providers do have an opportunity to see one coming and plan accordingly. Before the restrictions or impending disruption occurs, get in touch with trading partners to discuss a proactive logistics strategy. Deploy dock management tools.

Logistics Responses to Europe’s Migrant Crisis

TMC

How has the crisis affected the logistics of moving product across the region, especially at highly congested border crossings? Probably the most notable outcome from a logistics standpoint has occurred in Calais, France, where trucks headed for the Channel Tunnel to the United Kingdom were being boarded by migrants. The increased complexity can cause delays and increase logistics costs. But there are ways to mitigate risks like these.

3PL Basics: The 11 Transportation Services with Jeremy Thone

The Logistics of Logistics

Joe Lynch and Jeremy Thone discuss the 3PL basics: the 11 transportation services provided by 3rd party logistics providers. Jeremy Thone is the Marketing Director at 3PL Systems, which is a transportation management system software company based in Signal Hill, California.

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