This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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 global transport. While the drought in Panama has ended and shipping is rebounding, the Suez Canal, where traffic has been cut in half, remains an issue.
CMA CGM Announces $20 Billion Investment in Maritime Shipping, Logistics and SupplyChain Capabilities France based shipping conglomerate CMA CGM has announced a $20 billion investment in U.S. needs to rebuild its domestic ship building industry. based maritime transport, added logistics and warehouse services.
These technologies work together to create a seamless, intelligent, and secure supplychain network, which can respond to changing customer needs and market conditions and deliver value to all stakeholders. Autonomous Shipping Autonomous shipping is the use of self-driving vessels to transport goods and passengers across waterways.
Supplychains, both international and domestic, are under constant pressure to reduce their costs and enhance performance at the same time. It is a challenge that is giving supplychainexecutives headaches and all the while squeezing their profit margins. 6 Key Trends in SupplyChain. Managing Risk.
This blog is based on an article that recently ran in the Journal of SupplyChain Management, Logistics & Procurement, “ Supplychain agility: An imperative in an unpredictable world.”. The post Profitable Agility: Part 2 of Agility and Resilience in SupplyChainExecution appeared first on SupplyChain Nation.
How the War in Ukraine is Impacting the SupplyChain and Raw Material Prices. Increased Prices Resulting from Shortages and SupplyChain Issues. Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. How Labor Shortages Have Hurt the SupplyChain.
According to a Forbes article, BD managed a number of disruptions seamlessly , including a rudder problem with a cargoship that resulted in 28 BD containers being thrown overboard. He has a keen interest in digitalization and the value it generates throughout the supplychain.
To achieve these goals, corporate leadership must focus on two key areas: shift from internally focused supplychains to collaborative supply networks and actively design their supplychains. Examples of disruptive risks are suppliers going out of business or shipwrecks that result in the loss of cargo containers.
Bigger Container Ships Pose Bigger Risks (WSJ – sub. With more than 30 cargoships anchored offshore, countless supplychains scrambling, and the prospect of a $2 billion per day hit on the U.S. The larger ships will further test the capacity of ports and canals and the skill of their captains and crews.
To coordinate, contracts can be made with direct links in the supplychain, but how can organizations coordinate with the suppliers’ suppliers or the customers’ customers? However, commonly used KPIs used by supplychainexecutives are usually focused on logistics performance (e.g.,
According to Gartner Research Director Andrew Downard, IoT enabled devices power supplychain planning by letting you continuously sense, communicate, analyze and act. This can be accomplished through an API-based economy. That only helps you know what the conditions are right now.
Moving on to this week’s supplychain and logistics news… FedEx says operations at TNT Express disrupted after virus attack (Reuters). Global shipping feels fallout from Maersk cyber attack (Reuters). The cyber attack was among the biggest-ever disruptions to hit global shipping.
These Giant Drones Could Seriously Disrupt the Shipping Industry (NBC News). Cargo Owners Complain of ‘Total Mess’ Shipping Goods to Asia (WSJ – sub. Automated Truck Firm Raises $60 Million (WSJ – sub. Turnpike travelers will see semi-autonomous trucks on the road this year (Cleveland.com).
economy in 2017 and so far in 2018, manufacturers have been producing more goods than usual and requiring more freight to be shipped. Most shippers and supplychainexecutives have already experienced effects of the shortage in their business and are now seeking long-term strategies for capacity. trillion compared to $14.6
Termed AutoPilot Central , the application enables supplychainexecutives to get an aggregated bird’s eye view across multiple warehousing sites and, more importantly, rank them and take corrective action for areas not meeting service requirements to mitigate risk across a supplychainexecution network.
I’d welcome the opportunity to meet with supplychainexecutives to discuss your research questions and objectives for the coming year, and with technology companies and 3PLs to get an update on your products and services. FedEx to Increase Shipping Rates. Are you attending the CSCMP Annual Global Conference next week?
Blockchain has the potential to help enable us to manage and track a ‘digital twin’ of shipping containers across the world.”[2] ”[2] Nikki Baird ( @nikkibaird ), Vice President of Retail Innovation at Aptos, agrees blockchain and supplychain are good match. Addressing supplychain complexity.
But in the timeframe between 2020 to 2022, a volatile supplychain market showed the weakness in outdated, legacy supplychainexecution built on rigid technology or lacking any accurate data that can improve overall decision-making. This has significantly impacted retail value chains across the globe.
FedEx Introduces Enhancements to Deep Frozen Shipping. New ISF (10+2) Rule May Be Coming in May ( SupplyChain Management Review ). . A strike would have shut down ports along the Eastern seaboard, which together handle 110 million tons of import and export cargo. UPS to Rollout Fleet of Electric Vehicles in California.
Mirko Woitzik, Global Director of Intelligence for Everstream Analytics shared: Regarding the current situation: “ Despite the lockout of rail workers in Canada, ocean carriers are still likely to continue calling at Canadian ports and hesitate diverting ships too quickly. Regarding a potential risk of solidarity by U.S.
For example, the National Cargo Security Council estimates the global financial impact of cargo losses exceeds $50 billion annually. With IoT monitoring, you gain business intelligence to identify weak links and opportunities for improvement in your supplychain. Supplychain resiliency. Customer experience.
Carriers and providers experienced windfall profit levels in their ability to leverage the constant disruptions and ship deployment imbalances into skyrocketing spot rates, added services fees, surcharges or demurrage penalties. Other shipping lines are likely to anticipate lower volumes.
The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period.
Where is your picking operation located with respect to shipping and product storage? Products with tight shipping deadlines or time constraints should also be stacked in this manner, thereby streamlining movement and overall travel time even more.” Design a floor plan that meets your needs now and also allows for growth.
With a sudden large intake of truck or rail transportation, society moves on with their lives, understanding only a fraction of the supplychain in its entirety. The Bureau of Transportation Statistics reported that, “Freight shipped across the U.S. billion in February 2022, […] up 17.2% Documentation and Paperwork Errors.
The latest report is refreshingly more candid in depicting the challenges and ills of the logistics and transportation services sector and the need for new thinking and added emphasis on shipper and cargo holder value and service’s needs. entities as opposed to foreign owned entities such as global shipping and logistics companies.
Container Shipping Industry The quarterly performance of ocean container shipping lines continue to reflect decreased volumes and significantly reduced profitability levels amid this industry’s reported 30 percent reduction in scheduled route capacity. The firm’s Maersk Line container shipping business unit reported net profit of $2.3
For those that are not familiar with the TPM conference, or Trans-Pacific Maritime, it is the premier conference for the container shipping industry. What’s more, that vessel will need to be repositioned twice without cargo, resulting in lost revenue for that asset.
For those that are not familiar with the TPM conference, or Trans-Pacific Maritime, it is the premier conference for the container shipping industry. What’s more, that vessel will need to be repositioned twice without cargo, resulting in lost revenue for that asset.
Last year we noted that the out of sync theme was refreshingly more candid in depicting the challenges and ills of the logistics and transportation services sector and the need for new thinking and added emphasis on shipper and cargo holder value and service’s needs.
Robinson Strengthens Anti-Cargo Theft Strategy. Retail stores become shipping hubs to battle Amazon ( USA Today ). Neiman Marcus goes to year-round free shipping ( USA Today ). Citi fined $30 million for leaking Apple iPhone supplychain data ( CNNMoney ). Ryder’s Natural Gas Fleet Surpasses 15 Million Miles.
Last September, a jury at Southwark crown court in south London found Amazon guilty of shipping dangerous goods by air. In Amazon’s case, the company stated “We ship millions of products every week and are confident in the sophisticated technologies and processes we have developed to detect potential shipping hazards.”
Among the top five are vehicle parts (excluding engines), iron and steel articles, rubber articles, plastic articles and medical supplies. The ILA has indicated that during a work stoppage, dock workers will handle cargo related to U.S. The strike will reportedly not impact passenger cruise ship vessels at various U.S.
According to today’s published report by business broadcast network CNBC , The Port of New York/New Jersey has been involved in discussions with ocean carriers and terminal operators about managing cargo leading up to an interruption, ensuring appropriate measures are in place to complete cargo movements off the terminals before any shutdown.
In this SupplyChain Matters blog commentary, we highlight both private industry and governmental efforts to address the need for basic supplychainexecution information exchange and provide our perspectives as to what specific tenets are actually needed. Multi- Industry Effort.
Among the critical use cases to be served by Qualcomm Aware are cold chain distribution, utility asset monitoring, cargo shipment tracking, warehouse and inventory managemen t.”
cargoes, disrupting trade (Reuters). Logistyx Technologies Acquires Transparix to Support and Enhance Its Industry-Leading Parcel Shipping SaaS Solution. In fact, some companies have started to modify their supplychain networks and investment decisions in response (e.g., What should supplychainexecutives do now?
As the global environment is shifting based on political debates, EU/British negotiations, tariffs driven by the Trump administration, as well as the sudden shifts in country-level policies, supplychainexecutives and planners are working to plan for future uncertainties.
He is of the pioneers of supplychainexecution software and understands the roles of automation and optimization in supplychain efficacy. . Patrick Burnson is the Executive Editor at Logistics Management and SupplyChain Management Review, a role he’s filled since 2007. Russell Goodman.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content