Remove Freight Remove Inventory Remove Massachusetts Remove Procurement Analytics
article thumbnail

This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure. And now on to this week’s logistics news.

article thumbnail

Contracts, Cancellations, and Closures: Persistent Trends Leave a Pre-Peak Season Logistics Industry on Edge

Intelligent Audit

Speaking at a recent event in Las Vegas, Patton said, “ This business model is hurting to a degree where my company individually has to see change from FedEx Ground,” according to reporting from SupplyChainDive. So the shortage will continue, but for some sellers, the problem will be too much inventory.”. imports totaled 2.53

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

In an uncertain environment, affordability and predictability are at a premium, and a supply-chain organization can deliver these through effective management and oversight of its suppliers. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers.

article thumbnail

What is the Hyperconnected Era & “The Internet Of Things” and What does it Have to Do with Manufacturing & Logistics?

GlobalTranz

No longer are we in a world where consumers and employees “go online” to work, play, or purchase; we are now in a world where everyone and everything simply is online, whether at home, at school, at the office, or on-the-go. He later co-founded the Auto-ID Center at the Massachusetts Institute of Technology.