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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

Supplier Risk Management Considerations for the Coronavirus Outbreak

ivalua

Even more concerning is that the death toll has spread outside of mainland China and ships outside of ports in Hong Kong and Japan are being quarantined. . 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.

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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?

Identity Theft, Trucking Style

Talking Logistics

One of the fastest growing forms of cargo theft is deceptive pick-ups (aka fictitious pick-ups). Here’s how the scheme works, as described in an AP article published last October ( Thieves Pose as Truckers to Steal Huge Cargo Loads ): Thieves assume the identity of a trucking company, often by reactivating a dormant Department of Transportation carrier number from a government website for as little as $300. Keep the cargo moving.

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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.

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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Letter from the CEO: Coronavirus Market Update

Transplace

The expectation is that two mega ships will arrive at the ports to pick up empties this week as the equipment is needed in China. Industrial and chemical sectors are maintaining at seasonally expected shipping volumes as of this time. Finding equipment and shipping through the Laredo, TX and McAllen, TX border crossing points could quickly get worse. Cargo flows and ship calls are rebounding in China. Letter from the CEO: Coronavirus Market Update.

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

Carriers are starting to see that more shipping facilities are requiring the use of Personal Protective Equipment (PPE). Shipping facilities are requiring all individuals including drivers to wear a face covering such as a scarf, neck gaiter, bandana, or other type of mask, surgical mask or dust mask upon entering. Facilities for drivers are being cleaned regularly to minimize risk. Port of Virginia’s cargo volumes are down ~ 9% YoY.

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. And you might tell the buyer, that you will not ship anything, before you have not received the money. 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.

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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.

Letter from the CEO: Market Update May 21, 2020

Transplace

Carriers are continuing to see that more shipping facilities are requiring the use of Personal Protective Equipment (PPE). 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. 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.

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.

The 11 Transportation Service Offerings

The Logistics of Logistics

Last summer, Inbound Logistics published a list of different 3PLs and their services. Package delivery or parcel delivery is the shipping of packages (parcels) or high value mail as single shipments. 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. Rail transport utilizes freight trains to haul cargo.

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.

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 the WSJ article reports, “In one example of that surge in demand, a container terminal operator at Port Metro Vancouver in August told its customers it didn’t have enough railcars to ship Asian goods to the U.S. While the delays at the U.S.

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Still Think Dangerous Goods is Just Paperwork and Labels?

Talking Logistics

Last September, a jury at Southwark crown court in south London found Amazon guilty of shipping dangerous goods by air. 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.”.

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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. With Houston Port closed, there will continue to be no traffic moving through the shipping channels until at least Friday. 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. With Houston Port closed, there will continue to be no traffic moving through the shipping channels until at least Friday. 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

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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This Week in Logistics News (July 2-6, 2018)

Talking Logistics

In the meantime, here’s the supply chain and logistics news that caught my attention this week: Trump launches opening salvo in US trade war as tariffs kick in. cargoes, disrupting trade (Reuters). Logistyx Technologies Acquires Transparix to Support and Enhance Its Industry-Leading Parcel Shipping SaaS Solution. However, this deal underscores the growing role and importance of AI and machine learning capabilities in supply chain management.

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.

Top Logistics & Supply Chain Blogs We Followed in 2018 & Suggest You Follow in 2019

Shipchain

We follow an exhaustive list of supply chain and logistics blogs to make this possible. If you want to start learning, we suggest you check out these top logistics and supply chain blogs. Top Logistics and Supply Chain Blogs We Love. Ship Lilly. The blog is run by Lilly and Associates and covers a huge range of topics from drop shipping, outsourced fulfillment, the trucking shortage, U.S.-China More Than Shipping. Logistics Management.

Large Shipping Losses Have Declined 38% over Past 10 Years

Material Handling and Logistics

There were 94 total losses reported around the shipping world in 2017, down 4% year-on-year -- the second lowest in 10 years after 2014. In 2017 the downward trend of large shipping losses continued, according to a new survey, Allianz Global Corporate & Specialty's (AGCS) Safety & Shipping Review. There were 94 total losses reported around the shipping world in 2017, down 4% year-on-year (98) -- the second lowest in 10 years after 2014.

The State of Uncertainty in the Freight Market!

Supply Chain Game Changer

UPS and FedEx both have released statements professing their need to continue shipping as an essential business, but it will be harder for smaller, more local carriers to keep up with their pace. Meanwhile, the global air cargo volume has dropped significantly, explains Greg Knowler, JOC Senior Editor , “up to 5,000 tons of cargo in air freight from China to the U.S. percent decline in total shipping volume and growth, explains CNBC. Subscribe Here! Email Address.

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6 Emerging Trends In Supply Chain and A Deeper Look into Driverless Vehicles

Cerasis

Editor's Note: Today's blog is from our friend Kevin Hill with Quality Scales Unlimited who shares his expertise regarding the key trends in supply chain and transportation management. . Trends in supply chain are rapidly increasing the use of smart technologies to help with supply chain management. Management Professionals in Supply Chains. Highly skilled professionals are making their way into supply chain management leading to a talent explosion. Managing Risk.

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24 supply chain experts & business leaders reveal the #1 challenge of supply chain management (and how to solve it)

6 River Systems

The COVID-19 pandemic made it abundantly clear that effective supply chain management is crucial to the success of a business. The pandemic crisis had global ramifications felt throughout the entire supply chain, from raw materials to finished products, and for many companies, building the resiliency needed to weather such storms has become the #1 challenge of supply chain management. The challenge of risk management The market is hyper-dynamic.

Welcome to the Supply Chain where the Risks Never Stop Coming

Enterra Insights

There are undoubtedly moments when risk managers would like to “take a knee” in order to find respite from the risks their supply chains face. According to the staff at Supply & Demand Chain Executive , “A new report from Resilinc reveals that global risks increased throughout 2018, with geopolitical conflicts posing some of the most potentially costly and disruptive supply chain impacts.”[1] ” Those risks are: 1.

Information Sharing Communities for Digitally Enabled Supply Chain Visibility – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

Logistic Service Providers (LSP), carriers, intermodal operators (air, sea, ground etc.), port authorities and terminal operators, regulatory bodies, and Beneficial Cargo Owners (BCO) are all working on this topic. UN/CEFACT Transport & Logistics Vice Chair, UN/CEFACT.

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Five Ways to Drive a High-Performance, Cross-Border Automotive Supply Chain

TMC

Where are you likely to encounter the worst bottlenecks when shipping product between the U.S. and Mexico, we need to be cautious when generalizing about related logistics issues. Every supply chain is unique and vulnerable to a particular set of risks. Level cargo flows. supplier ships more product than a buyer in Mexico can handle. You can avoid snafus by identifying high-risk shipments and monitoring their progress.

Bringing Augmented Reality to Supply Chain

Elementum

Additionally, the shipping industry has also applied AR. The increase in product development coupled with lowered prices in the future can make AR technologies a huge asset not only for specific industries, but for supply chain management as well. After all, new technologies impact almost every industry, and logistics is no exception. Supply chain management involves the flow, storage, and delivery of goods, services and inventory for consumers.

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Blockchain and Supply Chain are Becoming Inextricably Tied

Enterra Insights

Blockchain has the potential to turn the tables, helping organizations streamline supply chain management (SCM), bolster cybersecurity across each touchpoint, maximize customer value and maintain a competitive edge.”[1]. Richard Howells, SAP’s Vice President for Solution Management for the Digital Supply Chain, believes blockchain will not only help address complexity but will reduce costs as well. Managing trade documentation. Managing supply chain risk.