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In the past, tracking a shipping container across continents or monitoring the temperature of a pharmaceutical package in a rural warehouse came with trade-offs: cost, power drain, or unreliable coverage. Both LTE-M (Long Term Evolution for Machines) and NB-IoT (Narrowband Internet of Things) were developed under the 3GPP standard.
Let’s talk about Blockchain technology in transportation management. Blockchain technology in transportation management improves effectiveness because of the technology’s capability and chronological elements. 3 Applications of Blockchain Technology in Transportation Management. Streamlined Payment Systems.
In todays hyperconnected supply chain environment, the Internet of Things (IoT) is the operational backbone for visibility, optimization, and automation. Consider these real-world scenarios: A sensor on a shipping container crossing the ocean may require satellite communication until it enters port Wi-Fi coverage.
Global shipping is national news with most stories covering the symptoms. Background on Ocean Transport. Freight Rates 2019-2021. As a result, companies plug along planning based on historic lead times and freight rates which as you can imagine is doomed for failure. So, I write this blog with this bias.
Freightshipping has relied on the same systems for years, ranging from manual entries to a constant struggle in balancing delivery windows with costs. Before these changes can happen, shippers need to understand a few things about LTL shipping challenges and ways Less Than Truckload technology will impact them.
Unfortunately, e-commerce shipping practices, although different from traditional retail shipping, still fall short. Supply chain leaders need to understand why logistics fundamentals will continue to shape e-commerce shipping strategy. What’s Wrong With E-Commerce Shipping Practices?
This growing movement of such hyperconnectivity is known as the Hyperconnected Era or often referred to now as “The Internet of Things.” The application of the Internet of Things (IoT) along with cloud-based GPS will make it possible to keep track of individual items and their conditions.
For shippers, the best way to handle the e-commerce logistics surge lies in e-commerce freight consolidation and deconsolidation. E-Commerce Growth Is Incompatible With Stagnate FreightShipping Strategies E-commerce growth can boggle the mind. Faster delivery and decreased freight spend. Get your free white paper.
Here are the challenges we’re seeing across the industry, and what they mean for your supply chain and your shipping processes. And moving materials and products was made difficult, especially at the start of the pandemic, due to closed borders, limited air freight, and driver shortages.
The freight industry of today is evolving rapidly. It is no longer bound by the traditional constraints of the economy, and Amazon is gearing up to begin expanding to be the best of the global freightshipping providers. 8 FreightShipping Trends Shippers Must Know for 2017. Freight Rates Will Increase.
Fortunately, today’s logistics technology has the power to execute a winning inbound freight strategy and maintain compliance in the following ways. Using Logistics Technology to Execute a Winning Inbound Freight Strategy & Have Compliant Vendors. The Cerasis representative enters the information into the Cerasis Rater.
The market is ready for the use of logistics robots to work in conjunction with the Industrial Internet of Things (IIoT), also known as industry 4.0. Ergo, ship-to-store and pick up at a store are last mile delivery options, and shippers can leverage existing brick-and-mortar stores to offer faster delivery to consumers.
The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. Online freight booking. They’re coming.
The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.
This is in part due to the fact that as a third party logistics company, focused on efficient and strategic transportation management solutions through technology and services, it is vital for us to educate our shipper customers and our team in order to continually improve and always provide value. .
Today, the tech devices that entered the market in early 2016 are obsolescent, and more companies are looking for real-time data-driven decision making opportunities through the Internet of Things (IoT). But, Amazon’s service after the sale does not end there. Like 2016, logistics providers will be tested for weaknesses in 2017.
Managing yard and warehouse operations has long been one of the thornier aspects of transportation logistics. Yards are a choke point between transportation and warehousing — and wherever you have choke points, you have a higher risk of inefficiencies that drive up labor costs, detention fees and delivery commitments. They aren’t.
Imagine what work would be like if you could offer all customers free two-day shipping. Some customers do not want two-day shipping. They may want three-day shipping, or they may need ship-to-store shipping options. It sounds great, but it comes with problems.
Customer service is more important than ever, and customers expect purchases to arrive at record speeds with free or low-cost shipping, says GlobeCon Freight Systems. appeared first on Transportation Management Company | Cerasis. As a result, e-commerce will have wide-ranging impacts on supply chain management.
AI can integrate with procurement platforms, utility meters, logistics trackers and internet of things sensors to gather real-time data. Artificial intelligence-driven platforms are transforming carbon accounting by automating data collection and analysis. AI also provides visibility into emissions across the supply chain.
The pressure on companies’ logistics networks to drive out cost and time from the shipping process is greater than ever before. For example, the expectation of fast delivery aside, online shoppers expect unreasonably cheap or free shipping. Even Amazon lost a reported $7B on shipping in 2016. A Revolution In The Warehouse.
The supply chain technology stack comprises hundreds, if not thousands, of individual technologies, and considering the growth of the Internet of things (IoT), there really is no limit to how much these transformative supply chain technologies may expand within the next 12 months.
Up to 84 percent of global freight spend on trucking costs, including fuel, labor, technology and asset tracking, amounting to more than $800 in the industry. Through the Internet of Things (IoT), smart technology and sensors can successfully track shipments in real time. Shippers Turn to Smart Tech for Tracking.
In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. Related to shipping, international port infrastructure has been expanding - perhaps too rapidly - and it will be interesting to see whether these investments pay off. In the U.S.,
From cloud-based systems to transportation management, the state of the logistics industry is evolving to expand an increasing number of services. Although an initial view of the logistics and freight industry seems stale, it represents how the flow of goods and services are sprouting and delivering more with fewer resources.
The world of container shipping is going through a prolonged period of instability due to oversupply of new ships entering service. There is also a fall in demand for the transportation of goods between major economies. Thus my case of the shipping industry taking a page out of the retail industry handbook.
E-commerce is growing at a phenomenal rate and, powered by the top trends in e-commerce logistics, shippers have an amazing opportunity to increase profitability and reduce freight spend simultaneously. Technologies connected to the Internet of things will continue to disrupt the industry, enhancing operations along the way.
Moving on to this week’s supply chain and logistics news… Rising Freight Costs Are Weighing on Companies’ Profits (WSJ – sub. Port of Rotterdam teams with IBM Internet of Things to digitize operations. Te amo Mami, feliz cumpleaños. Wal-Mart Tightens Delivery Windows for Suppliers (WSJ – sub. A number of U.S.
The percentage increase describes consumer applications, but the idea of connected vehicles should garner interest from other sectors such as shipping, logistics, and transportation. Leaders in these industries would be wise to plan for a future where AI and the IoT transform transportation management. Manage Warehouses.
From ditching age-old tactics of shipping products now, to advancing the capabilities of augmented reality in logistics, our logistics trends highlighted expected improvements in the supply chain, many of which came true. Sustainability Measures Swept Through Logistics Providers to Reduce Transport Needs. The Internet of Things.
Global shipping is national news with most stories covering the symptoms. Background on Ocean Transport. Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free). Freight Rates 2019-2021. So, I write this blog with this bias.
Two early pilots were facilitated by Supply Chain Network and carried out in 2003 and 2006 with both representing successful demonstrations of the potential supply chain benefits available through ‘Internet of Things’ implementations.
Modern, cloud-based analytics systems within transportation management systems ( TMSs ) have redefined how you strive for continuous improvement. The goal of seeing your freight’s location 24/7/365 is well underway, and TMS analytics are providing insights beyond knowing the shipment’s location. Analytics and automation go together.
At the enterprise level, the data exchange between PINC and project44 will enable shippers to improve shipment velocity, enhance sustainability, reduce accessorial charges, and manage carrier contracts and transportation budgets more effectively.
From increased affordability and efficiency of the transportation management system (TMS) to the application of Bluetooth technology for superior tracking of product movements, 2016 will be the year in which technology becomes an integral, if not the exclusive, part of the shipping process.
Technology has always been the driving force behind logistics and even more so after deregulation of the transportation industry as 3rd party logistics providers offered technology solutions to customers. The problems were solved primarily by the invention of the railway, automobiles (including trucks), modern ships and airplanes.
We’ve rounded up the top 20 logistics technology innovations changing the way over $18 trillion dollars of goods are shipped annually. Faster service, great capacity usage and direct connectivity with freight companies means better access to service providers. Internet of Things : What is your forklift saying to you?
On the transportation side of things, supply chain analytics and blockchain will increase transparency into freight management and customer service levels. The post Blockchain and Supply Chain Analytics: Impact of Small to Large Supply Chains appeared first on Transportation Management Company | Cerasis.
Aging Workforce - The second most prevalent driving force behind the increased use of warehouse robots, loading, unloading, and delivery revolves around the number of workers within the packing and shipping industry. Robotics engineer Aaron Blasdel fills a Freight bin at Fetch Robotics headquarters. Millennials are part of this trend.
The new technologies that are most likely to change the face of 3PL include mobile apps, cloud computing, Big Data, internet of things (IoT), 3D printing, driverless vehicle, drone delivery and augmented reality. In fact, to the techno-savvy optimists who see a bright future for the industry, the future is already here.
An indication for this belief is the level of fundraising reached by digital players like Flock Freight, a trucking platform and project44, a supply chain visibility platform, which reached US$113.5 All parties along the transport chain need to be well joined up. million and US$100 million respectively.
These can include freight costs that are too high, transit times that are too long or not charging enough for freight.”[1] He writes: “A shipper needs four datasets to be integrated, cleansed, and standardized: 1) shipment data; 2) freight invoice data; 3) track & trace data; 4) order & item level data.
From trade wars and covid-induced interruptions to the more recent pile-up of ships in the Suez Canal, disruption has proven to be the ugly underbelly of today’s globally integrated (just-in-time) supply chains. The past years have brought with them immense challenges for carriers, logistics operators and supply chain managers.
According to a recent survey conducted by Forbes Insights , 65% of logistics, supply chain and transportation executives acknowledge the necessity to revamp existing models and add flexibility to business operations in order to ensure omnichannel delivery, reduce costs and meet the ever-shifting consumer demand. INTERNET OF THINGS.
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