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From sourcing and bid evaluation to warehouse slotting and dynamic routing, AI tools support faster and more consistent outcomes by processing large volumes of operational data and identifying patterns that human decision-makers may overlook. These capabilities are now being integrated into mainstream TMS, WMS, and ERP platforms.
Freight transportation makes up over 10% of total global carbon emissions. With rapidly increasing freight demand worldwide, it is expected to become the highest-emitting sector by 2050.1 However, logistics managers cannot deliver against todays goals with yesterdays TMS systems.
The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Addressing Energy Challenges in Logistics The logistics sector is a significant contributor to greenhouse gas emissions.
Procuring transportation for freight is much different than any other procurement category. There are different tools, goals, and market dynamics. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. The freight market is mercurial.
Milton, Pennsylvania-based logistics company Patton Logistics Group has announced it will purchase Milton Transportation and Warehousing and its sister company, BTR Inc. A Patton Logistics Group news release emailed to FreightWaves on Wednesday stated the transaction for both acquisitions will be completed on Friday.
Blog More Resources Home It’s Not About Chatbots: Getting Real on AI Usage In Real Life Logistics (AI Popup #5) AI Popup #5 September 17, 2024 Dive deeper into freight data that matters Learn More It’s so hard to talk about AI without sounding pretentious or annoying. The real change-makers are quietly working on solutions.
We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. Read the full Post.
More Resources Home Is AI Hype or a Truly Revolutionary Technology Set to Transform Logistics? (AI As someone passionate about efficiency and technology in logistics, but not an expert in AI, I was initially very excited about AI’s potential. In logistics, the cost of an error or exception is always where problems start to balloon.
These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. Fortunately, a solution exists.
Supply Chain & Logistics News Round-Up Sept 23rd- 27th This week I was busy attending various Climate Week NYC events, allowing me to step outside my usual bubble of supply chain and sustainability. I attended multiple events focused on the built environment, embodied carbon, digital decarbonization tools, and storytelling.
The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. Also, the solutions lacked flexibility. No company interviewed was able to successfully use their current what-if solutions to model pandemic impacts. Lessons Learned. The reason?
Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. What Are the Challenges in Managing E-Commerce Logistics? This is due to the higher rate of returns associated with e-commerce purchases. Get E-Commerce solutions.
North American Transborder Freight up 23.8% The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. Walmart and Symbotic announced an agreement to implement Symbotic’s robotics and software automation platform in all 42 of Walmart’s regional distribution centers over the coming years.
The state of the logistics industry is evolving. Technology allows shippers to work smarter, faster and with fewer human resources, and new technologies, such as drones and augmented reality, are continuing the process, reports Victoria Kickham of Logistics Brief. The Top Logistics Trends that Will Impact Logistics Management in 2018?.
While many sectors can already report decreasing greenhouse gas (GHG) emissions, logistics continues to be seen as a hard-to-abate sector given its current growth rates and its persistent dependence on fossil fuels. Also in road freight vehicles, battery-electric or hydrogen-powered drivetrains are close to market launch.
Challenges drive dramatic shifts in supply chain and logistics. Across many of our industries, conventional wisdom about best practices for supply chain operations and logistical networks is being challenged. Hallmarks of successful logistics transformation. Automate, automate, automate – This is not a new idea or trend.
Many people associate reverse logistics to simply cover returns, but it is much more broad than that. Beyond answering “what is reverse logistics,” it is important to understand the history of reverse logistics, the benefits of reverse logistics and why it’s a rising practice, especially in aftermarket industries.
The election is over, but the race is just starting for logistics providers. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year.
Unlike some of the other trends articles we have covered at Logistics Viewpoints, which take a deeper dive into technology and application specific trends, this article looked at the top trends executives need to be paying attention to before their strategic planning meetings commence. Top Five Transportation Trends ; Chris Cunnane.
As with the logistics category where we featured 15 most popular blog posts vs. the 10 we covered in the top manufacturing blog posts and supply chain blog posts , we write so many transportation blog posts in that category, we are going to feature the 16 most viewed transportation blog posts. Read the Full Blog Post. Read the Full Blog Post.
And now on to this week’s logistics news. Blue Yonder , a leading supply chain solutions provider, announced its acquisition of flexis AG, a flexible, innovative software technology provider specializing in production optimization and transportation planning and execution. The growth in logistics hiring came as the broader U.S.
And now on to this week’s logistics news. The figure includes Panasonic’s purchase of the remaining 80 percent of shares in Blue Yonder for $5.6 The distribution hub will be operated by XPO Logistics Supply Chain, which has already started hiring. You can watch the full spot here ; I won’t spoil the outcome for you.
These clothing companies have revolutionized how consumers purchase, wear, and dispose of their clothing. Now Let’s Get to The Supply Chain & Logistics News for the Week! This investment aims to streamline FedEx’s supply chain capabilities and improve efficiency as freight demand remains low.
The top gifts were clothes and accessories, which about half of those surveyed purchased, and toys, which nearly a third of people surveyed bought. And now on to this week’s logistics news. million km) using battery-electric vehicles hauling customer freight. It also operates two electric yard tractors.
E-commerce has transformed how consumers shop and purchase their favorite products, as well as try new products and services. In addition, poor web design or lag time could dramatically increase e-commerce logistics costs by leading to greater instances of cart abandonment or even lackluster customer support. Get E-Commerce solutions.
What is reverse Logistics? Before we dive in the nuances of reverse logistics, otherwise known as return logistics, integration, let's briefly recap what reverse logistics is. Reverse logistics refers to all operations related to the reuse of products and materials. Managing return logistic can be challenging.
Marc is the Co-founder and CEO of Fishtail, a Boston based fintech company that empowers freight forwarders to finance the movement and procurement of goods – for small and medium businesses (SMBs) around the world. The Logistics of Logistics Podcast. Check out The Logistics of Logistics on Youtube.
I use this example to illustrate the challenges (or, perhaps, the futility) of making supply chain and logistics predictions. So, here is my invented future for 2015, starting with my most audacious prediction: Google will acquire a logistics service provider (3PL) and/or a logisticssoftware vendor. The Google TMS?
As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. Navigating an Increasingly Challenging Logistics Landscape. It’s challenging for logistics providers to keep up, even in perfect supply chain conditions. The next step?
According to a 2025 digital supply chain industry report by logistics trade association MHI, top barriers to automation adoption are a lack of a budget, lack of a clear business case and lack of understanding of technology. billion in automation for its contract logistics division. features physical AI and picking-in-motion software.
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.
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. Technology partner Fulfil Solutions Inc.,
5 Trends Shaping Logistics with Ben Gordon. Ben Gordon and Joe Lynch discuss 5 trends shaping logistics and supply chain. In the interview, Ben reviews and discussed trends and interesting companies in ecommerce, final mile, cold chain, reverse logistics, and fulfillment. 3PLex was then purchased by Maersk.
More Resources Home Is AI Hype or a Truly Revolutionary Technology Set to Transform Logistics? (AI As someone passionate about efficiency and technology in logistics, but not an expert in AI, I was initially very excited about AI’s potential. In logistics, the cost of an error or exception is always where problems start to balloon.
"This is a challenging and uncertain economic and trade environment for shippers, carriers and logistics services providers. We continue to see strong interest in our domain expertise and our solutions to help companies navigate the complex trade landscape. The purchase price for the acquisition was approximately $112.7
And now on to this week’s logistics news. Merchants Fleet to purchase 18,000 BrightDrop Electric Vehicles. The UN Conference on Trade and Development released a report that states “ the current surge in container freight rates, if sustained, could increase global import price levels by 11% and consumer price levels by 1.5%
And now on to this week’s logistics news. Bank of America sounding the alarm on collapsing freight demand. It includes free shipping of online purchases, free grocery deliveries to the home for orders of at least $35, prescription discounts and other benefits. Canada’s Walmart tries ring scanners.
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. E2open to acquire BluJay Solutions.
FourKites , a provider of real-time transportation visibility solutions, has a big data set around transportation. Carriers, freight forwarders, and shippers that were dealing with the China to North America trade lanes were already operating in crisis mode. The spread of Public Cloud enterprise software has made the risks greater.
The current state of logistics is our malady. I find no agency or entity trying to find a holistic solution to global logistics. 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. Variability abounds.
A digital workforce weaves together disconnected automation tools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. Procurement. Purchase Order Management.
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.
Consumers have embraced e-commerce for price comparisons, ease of purchase anytime and anywhere, and for those participating in subscription services such as Amazon Prime, free shipping, and other benefits. However, transportation and logistics costs can be prohibitive.
Understanding how your Procurement and Supply Chain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. But what if you could get a clear, birds-eye view of your core performance without investing in complex, expensive software? Why You Need Visibility of Supply Chain and Procurement KPIs?
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