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Paul Dittmann , Executive Director of the Global Supply Chain Institute at the University of Tennessee Improving operational efficiency in the global supply chain is a complex undertaking, and requires a documented, multi-year strategy instead of knee jerk reactions, and programs of the month.
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? Cargo insurance helps avoid additional vulnerability that you can’t afford.
James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. In the U.S., Remarkably, rail can also be cheaper with savings up to 60% over road freight.
A couple of weeks ago I wrote an article outlining how cargo theft is on the rise. In the United States alone, cargo theft is a $15 to $35 billion industry. While cargo theft as a whole has increased 57 percent year-over-year, strategic theft has increased 600 percent from November to March.
A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. It started in 1969 as DHL Air Cargo, and by the late 1970s, the company had expanded its operations and offered services throughout the world. Kuehne + Nagel Inc. Kuehne + Nagel Inc.
has introduced an AI-powered sorting robot at its air cargo terminal in Cologne, Germany to improve the accuracy of conveyor systems that move and route packages. FedEx installed four robotic arms at its Memphis, Tennessee, global package hub in 2020 to assist small package sorting. FedEx Corp.
The manufacturer’s private fleet has deployed a fleet of Einride EVs to haul freight between GE Appliances’ inbound warehouses and manufacturing facilities in Kentucky, Georgia, and Tennessee. In Tennessee, some of the EVs are also humanless Pods that use Einride’s artificial intelligence technology to haul goods.
The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S. When customers order items not stocked at one of Belk’s fulfillment centers, those items are shipped directly from the vendor. PST will ship the same day. In early 2013, Belk launched a vendor-direct program.
Airline group says global cargo volume grew 6.9 The company is launching the Student Ambassador Program on March 1 at Mississippi Valley State University, Jackson State University, Fayetteville State University, LeMoyne-Owen College, Lane College, Tennessee State University, Paul Quinn College, and Miles College. percent in 2021.
from a startup express carrier with a few aircraft to the largest air cargo airline in the world and facilitator of global commerce is one of the remarkable stories in American business history. FedEx carries more cargo traffic than any other carrier, according to the International Air Transport Association. The rise of FedEx Corp.
Persistent Red Sea Risks Continue to Disrupt Critical Trade Route The ongoing conflict in Yemen has created several shipping risks in the Red Sea. In particular, there is a risk of Houthi rebels laying mines in the shipping lanes. That's a hard-to-prevent risk that could damage or sink ships.
Industry supply chains will need to weigh the risk of and migration of another shipping and logistics disruption. Thus far in 2024, a majority of auto workers within Volkswagen’s Tennessee production facility have voted to be represented by the UAW in labor negotiations. Contract negotiations officially began in February.
When FreightCenter National Account Manager and history buff Sam Jones received a call from a customer who wanted to ship a stagecoach, he was right in his comfort zone. Sam is proof that at FeightCenter, we not only handle your shipping, we keep it in perspective and appreciate its significance to you and your family or business.
Federal Maritime Commission in accordance with the Shipping Act and the regulations of the Commission set forth in 46 CFR Part 500. SUBSTITUTED SERVICE (ALTERNATE PORT SERVICE) This provision shall govern the transfer of cargo by trucking or other means of transportation at the expense of the Carrier.
He is considered a giant of the modern freight transportation industry, along with Malcolm McLean, who invented the ocean shipping container. Born in Mississippi and raised in Memphis, Tennessee, Smith entered Yale College in 1962 to pursue a degree in economics. Smith founded FedEx Express Corp.
Studying economics at Yale, Smith’s 1965 term paper pitched the idea of creating a logistics company that would carry only cargo, and do so for a package’s end-to-end journet, such that a package could be delivered almost anywhere in the US overnight. Click here to send us your comments The story is well known.
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