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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.,
Mike Wolf and Joe Lynch discuss why freight tech fails. Mike is a Client Engagement Director at JBF Consulting , a supply chain execution strategy and systems integrator for logistics-intensive companies of every size and any industry. Mike earned his BS in Electrical and Computer Engineering from The University of Tennessee.
Redefining Freight Brokerage with Nick Jensen. Nick Jensen and Joe Lynch discuss redefining freight brokerage. Nick is the Director of National Accounts at Loadsmart , a freight technology company that is removing the barriers between shippers and carriers so freight can move in the most efficient, transparent and automated way.
Now Let’s Get to The Supply Chain & Logistics News for the Week! This move follows the cancellation of a Tennessee project, which had received a $141.7 This investment aims to streamline FedEx’s supply chain capabilities and improve efficiency as freight demand remains low. The size of the investment was not disclosed.
The Logistics of Customer Experience with Scott Perry. Scott Perry and Joe Lynch discuss the logistics of customer experience. Scott is the President of the Suddath Companies , Suddath has been a trusted name in moving and logistics for over a century. Key Takeaways: The Logistics of Customer Experience. About Suddath.
Andy is the Senior Director of Innovation at GEODIS , a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. Andy earned a Bachelor of Science degree in logistics and marketing and a Master of Business Administration degree from the University of Tennessee in Knoxville.
Noble graduated cum laude with a bachelor’s degree in management and marketing from Lincoln Memorial University in Harrogate, Tennessee. The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. Industrial Distribution business unit.
Thomas is Founder and CEO of Thomas Deakins Consulting , where he advises logistics and supply chain companies on digital supply chain strategy, technology selection, and creating supply chain partnerships. About Thomas Deakins Thomas Deakins is Founder and CEO of Thomas Deakins Consulting, a freight technology advisory.
Ancora called the three “unfit legacy directors” and blamed them for overseeing the company’s “disastrous acquisition of Omni Logistics.” Shares of Greeneville, Tennessee-based FWRD ( NASDAQ: FWRD ) are off roughly 80% since the merger was announced in August 2023. He previously served as the chief operating officer at CEVA Logistics.
All thawed out Tjoapack, a global contract packaging organization (CPO), is significantly scaling its cold‑chain and sterile injectable packaging infrastructure at two key sites: Clinton, Tennessee, and Etten‑Leur, Netherlands.
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.
Still Foggy at the Top – What the New Logistics Report Means for the Rest of Us For all the hope around trucking bouncing back, the new CSCMP “State of Logistics Report” just affirmed what most small carriers already feel: Things are still off. trillion on logistics last year. That’s 8.7% Prices could move again.
In early 2000 he entered the world of logistics – mostly implementing large software systems but due to his professional curiosity consistently asked to look at innovations in trucking and warehousing. Covenant Logistics provides transportation and logistics services in the United States. About Covenant.
This interview is with Lorrie Watts, Director of Logistics at Red Stag Fulfillment. Here is our interview with one of our great colleagues at Red Stag Fulfillment, Lorrie Watts , Director of Logistics. Export freight went from desirable to almost unmovable and back to almost desirable. in Business Management.
Chattanooga, Tennessee-based Truck Parking Club recently announced it has surpassed 2,000 property member locations nationwide, a doubling of its footprint in six months. Part of the growth came from targeting diverse property types, from trucking companies and repair shops to storage facilities and real estate investors. points, up 0.6
Labor and management work out deal at Port of LA/Long Beach ( Logistics Management ). Robinson, Con-way, and Transplace are Logistics Viewpoints sponsors). Tweet The post This Week in Logistics News (February 18-22, 2013) appeared first on Talking Logistics with Adrian Gonzalez. Be Sociable, Share! This Week in News'
Many of the children today will be the leaders of tomorrow and thankfully their access to logistics and transportation (L&T) education is abundant. Lucky for me the University of Tennessee provided me just that – so I had the ability to study at what is still a top L&T program. Collective Solutions! Waste Elimination!
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.
However, commonly used KPIs used by supply chain executives are usually focused on logistics performance (e.g., In-bound freight delivery efficiency can be optimised by consolidating in-distribution hubs and reducing stock levels at country level. delivery reliability”), but is that really “supply chain thinking”?
James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. Lastly, air freight has been increasing rapidly over the past decade - a trend I suspect will continue.
The Memphis, Tennessee-based express logistics giant said it removed seven Airbus A300-600 aircraft, three large MD-11 tri-engine freighters and two Boeing 757-200 (large narrowbody) freighter aircraft from the fleet. FedEx Corp. FedEx is flying less in the United States after its contract with the U.S.
Will there be a future for driverless trucks in logistics? It’s really interesting how [activity around driverless vehicles] has developed fairly rapidly over the last couple of years,” said Jeff Potts, Senior Vice President Business Development at LeanLogistics , in a recent Talking Logistics episode.
Following an unprecedented downturn, the freight market has posted an almost full calendar year of impressive growth spurred by demand from a few sectors of the domestic economy. The second half of the past quarter was highly atypical and posted freight volumes that vastly exceeded those generally seen during peak season.
The flow of supplies, finished goods, and information are widely distributed, presenting significant challenges across a manufacturer’s entire supply chain network of customers, suppliers, and logistics providers. Freight charge reductions from 5% to 3.5% Use predictive and prescriptive analytics to support your visibility goals.
As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Th ese conditions have caused a more favorable freight environment. That is e specially the case for outbound freight in southern states and California where produce season is in full swing. . Logistics? ? .
Brad Liddie is an experienced Vice President of Operations at Kenco Group with a demonstrated history of working in the logistics and supply chain industry. Skilled in Operations Management, Freight, Reverse Logistics, Operational Excellence, and Pricing Strategy.
And now on to this week’s logistics news. The manufacturer’s private fleet has deployed a fleet of Einride EVs to haul freight between GE Appliances’ inbound warehouses and manufacturing facilities in Kentucky, Georgia, and Tennessee. to smaller logistics operators scrambled to fill jobs at fulfillment centers.
in Labor Savings Per Shipment: Automated booking improves productivity and quality of logistics team’s activities. Freight Cost Management eliminates post-audits and disputes. in Freight Cost Savings Per Shipment: Logistics Sourcing activities improve negotiated rates.
On January 9, 2015, the president announced the launch of the latest regional manufacturing innovation hubs that will be led by the University of Tennessee. Twitter Facebook Google+ LinkedIn The post [INFOGRAPHIC] Manufacturing Innovation Hubs Revitalize American Manufacturing appeared first on FreightLogistics Company | Cerasis.
based companies, and Ryan , the Founder and CEO of freight tech firm, TextLocate which provides a freight location tracking and communication solution for brokers and partner carriers. Ryan Rogers is the Founder and CEO of logistics tech startup TextLocate. About Trey Griggs . About Ryan Rogers.
Welcome back to the Friday news roundup, where we are excited to bring you all the logistics news you’ve been craving. The 11-month total adds to the $37 billion in new auto-factory spending committed in 2021, when a number of new projects were revealed in states such as Tennessee, Kentucky and Michigan. I’ll cheers to that.
Curtis has spent 16 years in the LTL industry – 8 of those with Old Dominion Freight Line, and the last 8 with Reconex, FreightPlus, and Understand LTL – which he recently launched as an LTL focused education firm. Curtis documents and shares challenges, progress, and goals in a collaborative and community driven way.
In April, the integrated parcel and logistics giant completed the optimization of its parcel operation in Canada. In June, Memphis, Tennessee-based FedEx blended the operation of 30 stations across 11 local markets and will optimize another 33 stations across nine markets by the end of the month, Subramaniam said. FedEx Corp.
The robot is the first of its kind in FedEx’s European network and highlights the company’s focus on using technology to automate logistics functions, the company said Friday in a news release. FedEx installed four robotic arms at its Memphis, Tennessee, global package hub in 2020 to assist small package sorting. FedEx Corp.
And now on to this week’s logistics news. After years of financial struggles, reports of Yellow preparing for bankruptcy emerged last week as the Nashville, Tennessee-based trucker saw customers leave in large numbers. The post This Week in Logistics News (July 29 – August 4) appeared first on Logistics Viewpoints.
The owned properties include a 68-door terminal in Knoxville, Tennessee, valued at $2.6 The last sale motion to the court included some transportation and logistics companies, including Saia ( NASDAQ: SAIA ), but also other non-LTL entities. s estate is seeking to sell four terminals valued at $6.8
The world of supply chain and logistics is changing every day. Each one is featured as having done something unique to reinvent their supply chain and logistics. Coyote Logistics @CoyoteLogistics Coyote Logistics prides itself on its innovative logistics and supply chain philosophy.
Hurricane Helene destroyed key infrastructure in East Tennessee and Western North Carolina, cutting off interstate access along I-40 for months. Carriers and logistics companies should look to SONAR critical events for tools to help plan decisions during storms this hurricane season.
According to a paper published by the Global Supply Chain Institute at the University of Tennessee, only 25% of a typical company’s end-to-end supply chain is being assessed in any way for risk. Choose an insurance intermediary with experience or specific training in international logistics and transportation insurance.
LTL Carrier Profile: YRC Freight. YRC Freight is the third largest less than truckload (LTL) carrier with approximately $3.2B YRC Freight has 9.2% YRC Freight is the largest subsidiary of YRC Worldwide Inc. LTL Carrier Profile: YRC Freight Equipment & People. LTL Carrier Profile: YRC Freight Service Area.
Produce season transportation can have an impact on your freight, even if you do not ship grains, fruits, or vegetables. Refrigerated transportation is particularly at a premium and can be difficult to secure if not working with a logistics provider with an expansive network. What is produce season? Heaviest Peak: September.
Ryan is the Founder and CEO of TextLocate which provides a freight location tracking and communication solution for brokers and partner carriers. Ryan Rogers is the Founder and CEO of logistics tech startup TextLocate. Xpress and Covenant Logistics. About Ryan Rogers. Key Takeaways: The TextLocate Story.
Despite past lessons from 2003’s SARS outbreak and 2011’s Fukushima tsunami about the hidden weaknesses in their supply chains, companies are challenged to manage logistics concerns stemming from sourcing strategies and risk management. Lesson three: People first strategy.
Ancora has blamed the trio for overseeing a controversial merger with freight forwarder Omni Logistics. The company is also asking shareholders to approve a reincorporation from Tennessee to Delaware , which it says has a more corporate-friendly legal landscape and would make it easier to sell the company.
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