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Corey is the Chief Growth Officer and his team lead enterprise initiatives at PortPro, an innovative technology company that keeps the drayage industry moving efficiently with its operating platform built for drayage trucking companies, brokerages, and those that do both. Visit www.portpro.io
In 1956, he launched the first container ship , the Ideal X, carrying metal containers from New Jersey to Houston. This historic voyage marked the beginning of a new era in global trade. Standardization and Efficiency McLean’s innovation extended beyond the container to encompass an entire system built around it.
The immediate aftermath of the Trump administration’s 125% tariff announcement on China on April 2 saw ocean freight bookings fall 67% week-over-week Following on from the dramatic tit-for-tat increases in bilateral tariffs and the suspension of de minimis for packages from China into the U.S.
The need to know from Reuters’ global network of journalists Retailers rush to save US summer shopping season U.S. Container ship owners swamped as US-China trade detente revives demand Container ship bookings for China-to-U.S. retailers including Walmart (WMT.N) France's CMA CGM to redeploy fleet to avoid U.S.
Last October, over 100 ships, including 70 container ships, were waiting at anchor or in drift zones to unload at the twin ports of Los Angeles and Long Beach. China accounts for about 12% of global trade. China’s stringent COVID lockdown in critical port cities has impacted global supply chains.
Why Logistics Management is the Need of the Hour in the Middle East? The global pandemic has caused a ruckus in the economy but logistics has risen as an efficient place of access for consumers with doorstep deliveries and minimum human interaction. RTO companies incur heavy expenses when the orders are returned.
Technology is fast evolving and so is its adoption by vast industries like supply chain where it is been used more creatively and expansively. RFID (Radio Frequency Identification) is one such innovation which is widely used in Supply Chain and Logistics as it’s efficient and saves time. In a warehouse. What’s RFID?
A transportation management system (TMS) is a platform that enables businesses to effectively manage and oversee the physical movement of goods within their supply chain. It is typically a part of a larger supply chain management system and allows them to organize and centralize all their logistics and transportation functions.
Why Logistics Management is the Need of the Hour in the Middle East? The global pandemic has caused a ruckus in the economy but logistics has risen as an efficient place of access for consumers with doorstep deliveries and minimum human interaction. RTO companies incur heavy expenses when the orders are returned.
The pandemic has further weighed down the performance of ports worldwide, with minimal workforce available at terminal hubs and fewer shipping containers on the move, thus bringing global port operations to an abrupt halt. . The post Steering the Path to Ports & Container Optimization with AI appeared first on ThroughPut.
One of the major worries for the global pharmaceutical industry around patient safety is counterfeit drugs. Although most industries are focusing on supply chain efficiency, pharma supply chains bring a bigger worry into the picture: patient safety.
The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. The approaches and technologies deployed before March 2020 are now legacy. The global supply chain recovery depends on a vaccine, but I expect the distribution cycle to be longer than the discovery phase. None called.
11 Ways Tech Will Change Logistics in 2017. This year, supply chains reached Silicon Valley (and not just in the form of logistics startups ). This year, supply chains reached Silicon Valley (and not just in the form of logistics startups ). Tech companies, not logistics companies, are making driverless trucks a reality.
Why Trade Lanes Affect Freight Forwarding Prices. In the freight forwarding industry, this classification explains how a shipment will travel from its source to the destination. If one means of transportation is popular, and many freight forwarding companies are using it, the prices are lower.
When I first moved from working on large, centralised ERP software to decentralised, cloud-based microservices, it was a task getting attuned to the difference in expected development time. Suddenly, weeks were hours, months were days and years were months. What are microservices?
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