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Layoffs continue to impact the freight industry as firms across the U.S. The workforce reductions are tied to companies operating in sectors such as trucking, warehousing, logistics, food suppliers and manufacturing. Freight-related companies in Mexico have also recently announced major workforce reductions. In the U.S.,
And that practicality is unlocking a new standard of visibility across logistics networks. On the Ground: Where These Technologies Are Already Working In Germany, Deutsche Telekom uses NB-IoT to track reusable transport packaginglow-value but often misplaced. A Functional Divide: What Makes LTE-M and NB-IoT Different?
Now Let’s Get to The Supply Chain & Logistics News for the Week! The biggest European automaker announced that it is considering shutting down sites for the first time in Germany and ending job security agreements after continued ignorance towards overcapacity and lack of competitiveness.
Germany Freezes the Nord Stream 2 Project. Germany responded by halting certification of the Nord Stream 2 gas pipeline. That’s more than 50% of Germany’s annual consumption and could be worth as much as $15 billion to Gazprom, the Russian state-owned company that controls the pipeline. Russia Attacks Ukraine.
And now on to this week’s logistics news. HP launched its new commercial Metal Jet S100 Solution in September 2022 and two months later showcased the 3D printer for the first time publicly at the Formnext exhibition in Frankfurt, Germany, along with a new John Deere production application. FedEx Express moves an average of 6.3
Amazon has continued to grow its logistics network over the last few years, adding more branded trucks, airplanes, and drones. But the company is not happy with just owning logistics; it continues to expand its Prime benefits. And now on to this week’s logistics news. On Wednesday, Amazon announced it would acquire MGM for $8.45
Global logistics and parcel powerhouse DHL Group will invest more than $571 million on infrastructure, vehicles and product offerings in Gulf Arab states through 2030 , pushing for more business in a region experiencing significant trade growth, the company announced Wednesday. billion in healthcare logistics over five years.
Europe is a fragmented market, and maintaining visibility over a vast multimodal freight ecosystem throughout the continent is no mean feat. Some key findings: Most respondents (67%) cited end-to-end freight traceability as their biggest pain point when transporting goods. For Germany, it’s unanimous at 100%.
Supply chain technology vendors and technology-based third-party logistics firms received VC investments totaling $15.4 The Netherlands-based online grocery store Picnic Technology raised €355 million in investor capital as part of plans to expand into France and Germany. billion in 2024. In Divergent’s case, they raised $230 million.
Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services.
Sean is the Founder and CEO of STORD , the leading Cloud Supply Chain that enables companies to compete and grow with world-class logistics. Sean Henry is the Founder and CEO of STORD , the pioneer of the Cloud Supply Chain and a leader in end-to-end logistics services and technology. The Logistics of Logistics Podcast.
Brittany Traylor is the Founder and CEO of TraylorTranspo, an asset-based freight brokerage that streamlines the logistics function and delivers a superior customer experience using consumer-grade freight tech ( Turvo ). TraylorTranspo is an asset-based freight brokerage based in Dallas, Texas. About Brittany Traylor.
Headquartered in Germany, Ocean Insights is a leading ocean supply chain visibility and market intelligence provider that supplies real-time tracking data and market analysis to large shippers from a broad range of industries, including automotive, manufacturing, food & beverage, commodity trading, chemical and freight forwarding.
The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Freight Game of Thrones.
In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.
For the past year, I’ve been arguing that logistics — and same-day fulfillment, in particular — is becoming a strategic weapon for companies. For related commentary on this topic, read these Talking Logistics posts: Debunking the Myths of Same-Day Delivery (Or What Amazon Learned from a 90-Year-Old Distributor).
Moving on to this week’s supply chain and logistics news… Walmart Secures Patent for Drones to Carry Products Inside Stores (Digital Trends). Deutsche Post will deliver AmazonFresh goods in Germany (Reuters). Lineage Logistics Announces Strategic Partnership with BluJay Solutions. ATA Truck Tonnage Index Decreased 0.1%
billion, followed by Germany at $20.5 The company processes location-based data — telemetry data from passenger and freight vehicles — into mission-critical transportation applications and intelligence. “[The The data] goes to logistics companies like Amazon and Trimble that do route calculation and manifest building,” Cottle said. “In
July 2014 Freight Transportation Services Index (TSI). Cass Freight Index Report for August 2014. In this case, Whole Foods is not managing the logistics process directly, or incurring any of the costs associated with it, so the risks are relatively low for the company. Robinson Opens New German Office. Finally, C.H.
The university’s supply chain program is part of the MIT Center for Transportation and Logistics, which offers a Master of Engineering in Logistics degree. The program provides students with a broad understanding of supply chain management and focuses on developing skills in logistics, operations, and supply chain technology.
The surging Delta virus, devastating floods in China and Germany and cyber attacks on South African ports are amongst the latest in a series of events that continue to send shock waves throughout the system. For more than a year, global supply chains have been buffeted by one major disruption after another. The impact? He lives in Chicago.
Being a logistics operations professional, I am always concerned about “slipping backwards.” So when it comes to the logistics industry, will companies and managers forget about climate change and carbon reduction targets in favor of making short-term profits? Logistics managers need to continue to focus towards sustainability.
October 2014 Freight Transportation Services Index (TSI). I’ll write more about this in a future post, but I view SAP’s plans as an extension of the network effect in supply chain and logistics that I’ve been talking about for years. Esri and E2open Partner to Deliver Market-Leading Supply Chain Solutions.
How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Declining Freight Rates. Suddenly the freight industry is not so opaque.
The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. Accelerating the shift. Image via StarAir.dk). of the U.S.
The freight industry operates within a complex network characterized by numerous inefficiencies. This article explores key strategies for enhancing logistical efficiency and thus improving profitability and reducing cost. Balancing consumer preferences for locally sourced products with logistical efficiency is crucial.
14th Annual Cool Chain & Temperature Controlled Logistics Europe. Venue: Messe Frankfurt Venue GmbH, Frankfurt am Main – Germany. Europe’s Biggest and Longest-Running Gathering of Life Sciences Logistics, Supply Chain & QA Professionals. The viability of sea freight – don’t miss the panel debate with Maersk!
Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of Supply Chain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supply chain and logistics management. What is a Logistics Framework?
Emerging Supply Chain Trends – A Look at Evolving Finished Vehicle Logistics Amid Market Shifts and Trends Feature Article by Laurent Sik , Head of Operations, CEVA FVL APAC Automobiles, as a form of transportation, are indispensable in today’s world and will remain a crucial part of our lives for a long time to come. million cars.
It was a very busy week in the world of supply chain and logistics, so let’s go straight to the news that caught my attention: FLEXE Launches Nationwide Next-Day Delivery. Konexial And Cloud Logistics Partner To Produce Groundbreaking Goload Service. Domino’s autonomous vehicle pizza delivery now live in Germany (ZDnet).
We have eight riders confirmed so far for our Logistics Leaders for Type 1 Diabetes Cure Team — the most ever! Okay, moving on, here’s the supply chain and logistics news that caught my attention this week… Buckle Up, Prime Members: Amazon Launches In-Car Delivery. Janet Bucciero (sponsored by family and friends).
Instead, you can choose between parcel, freight, courier or LTL shipping as needed. Furthermore, it is vital for logistics professionals to control costs. Choosing the carrier with the lowest freight rates is important. In addition, you can achieve further cost savings by auditing freight bills for accuracy before paying them.
Now, on to the supply chain and logistics news that caught my attention this week: Thoma Bravo Announces Acquisition of Elemica. iContainers, Expedia for transporting freight internationally, raises $6.7 Freight Rates Push Lower as Truck Capacity Outweighs Demand (WSJ – sub. It’s why I coach. It’s why I love baseball.
As part of our ongoing commitment to keep our blog readers updated on what’s happening in the supply chain and logistics world, we’re launching a regular industry news roundup, which we’ll release periodically. Industrial Relations Issues Adding to Container Woes in India and Germany. What’s a Business to Do, Then?
Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Even Amazon used third-party logistics companies when the company first started, until reaching sufficient scale to have a logistics arm of its own.
Eastern Europe and Iberia are especially ripe for growth, outpacing more mature markets like Germany and Austria. Europe’s cold chain is at an inflection point,” says the OC&C team. What was once a fragmented, low-tech sector is becoming increasingly strategic and tech-enabled.”
In respect to logistics and transport something remarkable happened at COP26. The initiatives launched at COP26 will significantly reshape the transport and logistics ecosystem, its fleets, its infrastructure and its practices. COP26 has received more attention than previous summits.
Now the entire freight transportation industry, across air, ocean, road, and rail sectors, is awash with disrupted expectations and has retreated into survival mode. Let’s take a look then, at each sector in turn, starting with air freight. Air Freight Transportation Trends 2020. The Freight Rate Roller Coaster.
This technology company is headquartered in Friedrichshafen, Germany. If a planner knows that the necessary components won’t arrive on time by ship, and that air freight must therefore be used to expedite the shipment, “it makes a huge difference on air freight rates if you need to have a ton on the airplane next week versus in 4 weeks.”.
Startup Mexican airline Awesome Cargo, which provides dedicated aircraft and flight service to logistics companies and other customers, has taken delivery of its first fully capable freighter aircraft after operating two light-duty freighters since its inception 18 months ago. which is leasing the plane to Awesome Cargo.
When it comes to freight shipping, there's no one-size-fits-all solution. Depending on the nature of your cargo, its size, weight, urgency and distance, choosing the right freight shipping method can significantly impact your bottom line. Both involve using more than one mode of transport, but they differ in many ways.
The Zaragoza Logistics Center (ZLC) focused on city logistics solutions including the use of bicycles in urban delivery services, promoting freight movements during off-peak periods, and establishing networks of pick-up points in urban areas. Widespread gains. The initiative might even get a second life.
But let’s not let the elevator bring us down, let’s go crazy…after this week’s supply chain and logistics news. Germany, Belgium, Estonia and the U.S., Radial’s scalable fulfillment and freight services enable orders to be fulfilled faster and delivered where and when desired while optimizing costs. RIP Prince.
Lots of supply chain and logistics news this week, so let’s go straight to it… Transplace Acquires M33 Integrated. eBay Launches New Speedy-Delivery Membership in Germany (Venture Beat). New Infinea® X from Infinite Peripherals® Expedites Warehouse, Logistics and Supply Chain Operations. Have a happy weekend!
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