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Make Freight Sourcing More Efficient!

Supply Chain Game Changer

Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right. Use of Freight Rate Benchmarking.

LogiSYM Digital 2020: COVID-19 Is A Wake-Up Call for Supply Chains to Ramp Up Business Continuity & Security – LogiSYM August 2020

The Logistics & Supply Chain Management Society

With COVID-19 disruptions, many companies are grappling with security issues and facing challenges to stay in the game. With the boom of eCommerce and the shift towards last mile delivery, information security gaps will mean gaps in supply chain.

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LTL Capacity Best Practices in Times of Tight Freight Capacity

Cerasis

LTL capacity has routinely been used as a source of added capacity when full truckload becomes unavailable. LTL capacity is quickly becoming harder to find, and full truckload carriers have already started to turn away freight. Meanwhile, LTL carriers struggle to meet on-demand needs, so shippers need to know a few LTL capacity best practices to ensure their freight can be moved on time and without added costs. Capacity Crunch Freight LTL

Bringing Freight Online with WebCargoNet and Freightos

Freightos

Bringing Freight Online With WebCargoNet And Freightos. We have exciting news at Freightos – we’re proud to announce that we’ve acquired WebCargoNet , a leading logistics technology provider. But this story is more about a vision for a better future of freight, than just another acquisition. In many respects, this should be a good time for the logistics industry. Two years ago they partnered with ECS Group to offer online freight booking.

Blockchain can make global supply chains more efficient and secure

The UCLA Anderson Global Supply Chain Blog

Essentially, blockchain is a shared database that enables different users can append new data, authenticate user’s new data with strong cryptography, and provides incentives for other strangers to manage and secure updates. In 2014, Vitalik Buterin and his team developed a public, open-source blockchain-based computing platform that is known as Ethereum. This incident really calls the security of public blockchains into question. Christopher Tang.

Blockchain can make global supply chains more efficient and secure

The UCLA Anderson Global Supply Chain Blog

Essentially, blockchain is a shared database that enables different users can append new data, authenticate user’s new data with strong cryptography, and provides incentives for other strangers to manage and secure updates. In 2014, Vitalik Buterin and his team developed a public, open-source blockchain-based computing platform that is known as Ethereum. This incident really calls the security of public blockchains into question. Christopher Tang.

How to Improve Freight Labeling for Transport and Logistics Management

Cerasis

Lost labels and mislabelled freight result in delays, loss of customer confidence and damage to your business reputation. To combat the problem here’s a way to improve freight labeling for transport and logistics management. Lost labels and mislabelled freight are irritating. Incorrect or missing labels are a source of frustration for packers, handlers, freight forwarders, customs officers, haulers and those receiving the goods. Freight Logistics

Renewed Focus on Supply Chain Security as Hackers Target Container Terminals

BluJay Solutions

However recent reports from Europol, Europe's crime fighting agency, highlight that ocean freight is now a target for criminal on criminal activity, with an ongoing court case involving organized criminals recruiting hackers to bypass port security systems in order to locate and intercept containers where illegal drugs had been hidden in order to be smuggled into Europe. Source: BBC News.

How Technology Empowers Freight Brokers to Work Smarter, Not Harder, to Drive Profitability

Talking Logistics

Working smarter, not harder, is critical for everybody in transportation today, but it’s especially important for freight brokers in light of the increased competition in the marketplace and the ever-more demanding expectations of shippers. What does “working smarter, not harder” mean for freight brokers? Current challenges for freight brokers. The current growth economy, where demand consistently outpaces supply, places a premium on freight brokerage services.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. Healthcare Logistics.

Logistics Trends to Watch!

Supply Chain Game Changer

6 Major Delivery Logistics Trends! As the logistics industry, and the broader business world, looks to 2019, it’s time to explore what the next year will bring to logistics. After reviewing several industry sources most Logistics professionals are in agreement with all of these trends. Big Data And Blockchain Technology Will Revolutionize Logistics. The mass adoption of big data will be a game-changer in logistics. Subscribe Here! Email Address.

The Ultimate List of Top Logistics Startups – Blog

Freightos

Logistics is the prime example of a changing industry – colossal, ripe for disruption and utterly opaque. And it’s about to get hit by a freight train of innovation. How much do we love freight innovation? Enough to go through every single article published in the top tech blogs – Techcrunch, Verge, Mashable and Recode – since 2007 to count how often articles about logistics startups, freight or cargo were published. Keychain Logistics.

7 Incredible Benefits of Cloud-Based Logistics Management

Cerasis

In the below article I propose to have a look at the main benefits and advantages of the cloud-based logistics management. Each industry has its peculiarities, among the others, in the logistics, manufacturing, and supply. The cloud-based supply chain software can be customized to suit your industry, your transportation , freight-forwarding and warehousing specialty, import-export regulations. The cloud-based logistics is a “pay-per-use” model. Logistics

Supply Chain and Logistics Predictions for 2016

Talking Logistics

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. Making supply chain and logistics predictions is like throwing darts at a moving target. How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? The Rebirth of Transportation Marketplaces (UberCARGO, Cargomatic, and Freight Friend). The Case for Competing on Logistics Talent.

Blockchain Comes to the Freight Industry

Supply Chain Brain

Fuller, who is also chief executive officer of freight market analytics provider FreightWaves , saw the suitability of a technology that originally was created to support the trading of Bitcoin and other cryptocurrencies. There was a perfect storm in terms of interest in the technology and how it would potentially impact the freight industry,” Fuller says. As it stands today, however, blockchain isn’t a solution that can be instantly embraced by the freight industry.

Technology Fuels Freight Logistics: Jeff Tucker in Wall Street Journal

DAT Solutions

Jeff Tucker 's guest column in yesterday's Wall Street Journal pointed to the pivotal role of technology, including DAT Load Boards , in freight logistics today. Jeff also highlighted the contribution of freight brokers to the efficient movement of cargo. Jeff has been a leader in freight logistics since 1992; he is president and CEO of Tucker Company Worldwide and Chairman of the Transportation Intermediaries Association.

Blockchain in freight forwarding – Is it the next big thing?

20Cube Logistics

Well, with so much complexity, one would certainly require a reliable and transparent source to carry such enormous data and activities. This is where Blockchain is ready to transform the way the supply chain and logistics industry works. How will blockchain impact freight forwarding? Transparent & secure. The blockchain database is transparent and secure which makes payment process and settlement order easily accessible across different ledgers.

Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

Today, trucking, shipping, air shipping, and other logistics services are all experiencing disruption: As consumer expectations evolve, businesses are constantly pressured to deliver high-quality goods in the shortest amount of time. But issues surrounding labor and rising fuel prices pose real threats to the freight industry. According to Seaport Global Securities LLC analyst Kevin Sterling, between 60,000 and 100,000 drivers are needed to meet the demand for trucking services.

5 Things to Know About U.S.-Mexico Logistics

Talking Logistics

Assuming current trends hold, and NAFTA remains largely intact, here are five things to consider when managing cross-border logistics between the United States and Mexico: 1. Understand the 3-Legged Freight Movements at the Border. Companies carrying freight across the U.S.-Mexico The Free and Secure Trade (FAST) program, as part of the Customs-Trade Partnership Against Terrorism (C-TPAT) program of U.S. It can help increase overall capacity and reduce freight costs.

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The ELD Mandate and Fresh Produce Logistics: What Shippers Need to Know

CH Robinson Logistics

Regardless of the HOS-tracking mechanism a carrier uses, shippers can implement certain practices in the produce industry that better optimize carriers’ time and help make fresh produce more competitive in the freight market. ELD and HOS exceptions apply to certain vehicles and carriers, during planting and harvesting periods, and for the transportation of agricultural commodities within a 150-air mile radius from the source of the commodities.

Disrupting Logistics: 4 Innovative Blockchain Startups to Watch in 2018

Techgistics

Source: The Daily Dot. The global logistics market is predicted to reach US 15.5 As a result, venture capital has poured into logistics startups over the last few years in an attempt to digitize the supply chain. Even with large sums of money thrown at start-ups over the last few years, the logistics business is still a tough nut to crack. Here are a few blockchain startups in logistics that could cause massive disruption in the industry: ShipChain Shipchain is a U.S.

Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

Today, trucking, shipping, air shipping, and other logistics services are all experiencing disruption: As consumer expectations evolve, businesses are constantly pressured to deliver high-quality goods in the shortest amount of time. But issues surrounding labor and rising fuel prices pose real threats to the freight industry. According to Seaport Global Securities LLC analyst Kevin Sterling, between 60,000 and 100,000 drivers are needed to meet the demand for trucking services.

How 5 Emerging Technologies Will Change the Services of 3rd Party Logistics Providers

Cerasis

Yesterday, we started our series on the effects of emerging technologies on 3rd party logistics providers by speaking about the future of logistics technology and if 3rd party logistics providers are prepared. How these 5 Emerging Technologies will Forever Change the Service Offerings of 3rd Party Logistics Providers. Today’s emerging technologies are more concerned with speed, accuracy, security and seamless delivery.

This Week in Logistics News (October 1-5, 2018)

Talking Logistics

And that is why on November 3, together with my Logistics Leaders for T1D Cure teammates, I will be riding 100 miles in support of JDRF to help us find a cure. So, I have a small ask: It doesn’t cost you anything to access the posts and videos we publish on Talking Logistics, thanks to our sponsors. Now, here’s the supply chain and logistics news that caught my attention this week: U.S. E2open Acquires Transportation Management Systems Provider Cloud Logistics.

Why Include a Third-Party Logistics Provider in Your Logistics RFQ?

Zipline Logistics

Running a formal bid process or requesting a logistics request for quote (RFQ) is common among large CPG shippers. Especially those with high volume, frequently run freight lanes. The goal is to secure capacity and stabilize freight pricing for orders throughout the year.

How to prepare for freight market shifts in 2020

CH Robinson Transportfolio

As we begin 2020, we can anticipate more balance in the transportation marketplace, according to industry sources. In terms of available freight, economic and market analysts suggest for-hire truckload volumes will be plus or minus 0.5% It’s not just about the economy and freight movement in the market. Now is the time to employ a forward-thinking approach to secure all modes of transportation, including truckload, LTL, and intermodal. 2020 brings balance.

Applying Blockchain in Logistics & Supply Chain Management: 5 Reasons Why Supply Chain Execs Need to Know More

Cerasis

Intermediaries may include financial experts, data analysts, freight auditors, and more. Although it may seem counterintuitive for a third-party logistics provider (3PL), like Cerasis, to trumpet such prospects, the resounding impact will drive greater efficiencies in supply chains. According to McKendrick , blockchain automates the invoicing process, eliminating errors that affect up to 10 percent of all freight invoices. Blockchain Logistics Supply Chain

Why Hunger Is A Logistics Issue?

Abivin

As 50% of food is wasted in distribution, according to “The Real Reason There’s World Hunger: Food Waste, Not Food Shortages”, logistics and transportation management has an essential role in ensuring food security and minimizing negative impacts of it on global climate change. ( Logistics improvement Even though it is not difficult to be aware that logistics improvement helps feed people and decrease the amount of land needed to producing food, the remained question is: How?

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Connect Big Data with Predictive Analytics for Increased Visibility and Control Over Global Supply Chains

Supply Chain Network

Shippers, carriers, freight forwarders and third party logistic firms are currently spending millions of dollars in resources on ‘estimating’ important metrics such as container Estimated Time of Arrival (ETAs). However, in order for these advanced systems to function effectively requires that Supply Chain Professionals seek out and find the most accurate and diverse possible sources of useful data on all aspects of their supply chains.

The Top 5 Logistics Technology Trends to Watch

Zipline Logistics

Technology is currently being rapidly integrated across every business sector with logistics undoubtedly being no exception.? . Where technological trends have the most significant impact in today’s logistics landscape is pragmatic productivity and performance visibility tools. .

What’s the Difference Between Logistics and Distribution?

Supply Chain Game Changer

Check out What’s The Difference Between Logistics and Supply Chain Management? What is the difference between Logistics and Distribution? Without consulting a dictionary both Logistics and Distribution suggest imagery involving the movement of goods. Let’s start by considering the common definitions that are used for each of Logistics and Distribution. Logistics. Comparing Logistics and Distribution. Subscribe Here! Email Address.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. In the digital transformation age, logistics is once again undergoing a major shift. These technologies also contribute to a rise in big data and analytics in the logistics field. ” Meet Our Panel of Logistics Pros: Brian Jessup.

Who’s Using Blockchain in Logistics & Supply Chain Today?

Shipchain

From the creation of the Blockchain in Trucking Alliance (BiTA) to companies of all sizes developing blockchain-based supply chain management platforms, it is clear that blockchain is becoming a force to be reckoned with in freight and logistics. As blockchain gains prominence in the logistics industry, supply chain leaders need to understand who is using it, what it means for the future of the industry, and how it can transform their day to day operations.

The Influence of IoT: How it’s Transforming Global Logistics

CH Robinson Transportfolio

The Influence of IoT: How it’s Transforming Global Logistics|Transportfolio. More specifically, it’s impacting the logistics world and global supply chains. As Dr. Shardul Phadnis explained in a recent report , IoT applications can collect a vast variety of data types, share it quickly across multiple trading partners, and integrate many sources of information in innovative ways to enable better decision making.

The Benefits of a Weighbridge for Your Business

Supply Chain Game Changer

Source: Needpix. This means that you can get an additional layer of security for your site, delivering a smooth transmission of data with your database. The company has clients from warehousing, logistics, food businesses, agriculture, banking and pharmaceutical industry.

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