Toyota and USPS See Opportunities for Blockchain Technology in Supply Chain Management

Talking Logistics

Imagine a bitcoin being a unit of inventory and a digital wallet (“bitcoin address”) being an inventory-keeping location, such as a store, distribution center, or truck trailer. Of course, bitcoin as it exists today also has the potential to transform freight audit and payment and other supply chain finance processes, especially for small suppliers and transportation providers.

Transplace’s Q2 2020 Logistics Market Quarterly Update

Transplace

Transplace’s Q2 2020 Logistics Market Quarterly Update. Logistics industry specialists can look to Transplace’s Logistics Quarterly Market Update and Outlook Report to gain insights from Q2 2020 and an outlook for what’s to come. Supply chain, transportation, and logistics professionals can use the quarterly reports to streamline their operations and prepare for what’s ahead in the second half of 2020. Key Findings for the United States.

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When It Comes to Trucking, the EU is Not the “United States of Europe”

Talking Logistics

Many shippers, especially those that have grown through mergers and acquisitions, have transportation operations around the world, including the United States and the European Union. In a recent episode of Talking Logistics , I discussed the similarities and differences between the U.S. Most of the carriers that we work with and haul the majority of the freight have maybe 4-10 vehicles.

FedEx and Freightos – Improving Digital Freight Together

Freightos

Enter FedEx… Recognizing the myriad complexities of the supply chain, FedEx, the express delivery giant founded in the 1970s, continuously added key pieces of the logistics puzzle to the services it provides its customers. In addition to express courier shipping, Fedex added road freight, air and ocean freight forwarding, and customs brokering. The digital transformation of the freight industry marches forward with each year.

Freight Bill Post Audit Vs. Freight Bill Pre Audit: Benefits, The Difference, and Why They’re Both Important

Cerasis

Auditing is one of the least favorite tasks of people in the logistics and transportation industry, even among those who specialize in performing it! Freight payment and audit services have evolved considerably beyond their one-time scope of correcting errors and recouping spending for already-paid freight bills, particularly in the United States. Freight Audit Benefits. of the freight invoices. Freight Bill Post Audit.

Improving Global Freight Process Management

Talking Logistics

Many companies operating in the United States have achieved an inclusive look into their transportation spend, but unfortunately many companies that do business on a global level have struggled to achieve full freight process management. State-of-the-art transportation management systems (TMS) certainly help with planning and execution, but advanced freight audit and payment processes are also vital toward obtaining complete process management results.

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LTL Carrier Profile: Con-Way Freight

The Logistics of Logistics

LTL Carrier Profile: Con-Way Freight. Con-Way Freight is the second largest less than truckload (LTL) carrier with approximately $3.3B Con-Way Freight has 9.4% Con-Way Freight is the largest of three 3 operating units owned by Con-Way Inc. The other operating units are: Menlo Worldwide Logistics and Con-Way Truckload. Menlo Worldwide Logistics is Con-Way’s supply chain division. Con-Way Freight was already located in Ann Arbor.

LTL Carrier Profile: UPS Freight

The Logistics of Logistics

LTL Carrier Profile: UPS Freight. UPS Freight is the fourth largest less than truckload (LTL) carrier with approximately $2.4B UPS Freight has 6.9% UPS Freight is based in Richmond, Virginia. UPS Freight is a business segment of United Parcel Service, Inc. Domestic Package, International Package, and Supply Chain and Freight. LTL Carrier Profile: UPS Freight Services. LTL Carrier Profile: UPS Freight History.

10 Tips To Be A Successful Freight Broker!

Supply Chain Game Changer

3 Most Common Freight Forwarding Scams (and How to Avoid Them)! Licensed freight brokers operate around the country in various markets, helping make the transport of goods a reality for their customers. Currently, more than 17,000 freight brokers work in the United States, either as independent businesses or as part of a team. However, not all freight brokers experience the same degree of success in their profession. Subscribe Here! Email Address.

What Does the Future Hold for Freight Management Companies?

Loginext

According to the American Trucking Associations, freight tonnage hauled by trucks would increase by 27% (between 2016 and 2027). All Delivery Management Software Last Mile Delivery Logistics Management Software Logistics Management System Technology Transportation Management delivery route optimization. With global retail sales to touch $27 trillion by 2020, it just adds to the problems of high volume and restricted resources.

The Platform Economy Powered by Logistics

Logistics Trends and Insights

But there are others and, like Amazon when goods are exchanged for money, logistics are involved. Logistics and transportation providers are all targeting the elusive e-commerce retailer involved with new service offerings, partnerships, and acquisitions. SEKO Logistics has partnerships in place with Shipstation, EasyShip, and Aftership (which can integrate into platforms) for cross-border and international parcel solutions.

Logistics Technology Q2 2017 Roundup

Freightos

Logistics Technology Q2 2017 Roundup. Logistics Technology Trends. During the second half of June, Amazon and Alibaba both held conferences in the United States, appealing to small and midsize businesses selling on their platform. For enterprise forwarders and carriers, the marching orders for Q2 appeared to be freight visibility, as a number of companies unveiled solutions to enhance cross-supply chain visibility of shipments. Freight Insights

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

Talking Logistics

Trade flowing across the United States-Mexico border has grown exponentially since the North American Free Trade Agreement (NAFTA) was enacted in 1994. It has been further spurred by the trend of nearshoring over the last decade, as American companies have relocated their manufacturing facilities to Mexico to take advantage of a skilled workforce, improving infrastructure, and proximity to the United States. Understand the 3-Legged Freight Movements at the Border.

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How currency changes are affecting logistics providers

The Network Effect

So what does this mean to the logistics companies in these regions? This means more air and sea freight on Europe-North America lanes, cross border feeds from Mexico and Canada, and increases in domestic North American transportation and warehousing for imported products. Transloading at the ports and trucking will continue to face high demand, making it even harder to move products through United States ports. Logistics logisticsepSos.de/Flickr. Flickr.

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. During that time period, twenty-foot equivalent unit (TEU) traffic increased from 28.3 Big Data And Blockchain Technology Will Revolutionize Logistics. Subscribe Here!

23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4%

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. Interest Rates : The Federal Reserve in the United States is expected to raise interest rates this week , the first increase since cutting the rate to near zero following the Great Recession in 2008. The Case for Competing on Logistics Talent.

This Week in Logistics News (October 5-9, 2015)

Talking Logistics

Having spent much of this week on the road, I am still in catch-up mode with emails and phone calls, so let’s go straight to the supply chain and logistics news that caught my attention: Elemica Introduces New Sourcing Optimization Solution. MercuryGate Offers Leading TMS Solution to Freight Forwarders. APICS Announces New Certification Program Designed for Logistics, Transportation and Distribution Professionals. Con-way Freight Announces Fall 2015 General Rate Increase.

How Will Peak Season Logistics Management Evolve During Disruption?

Turvo

The pressure to better manage and evolve peak season logistics before the holidays has never been higher in this era of uncertainty. Meanwhile, uncertainty remains the name of the game in peak season logistics planning. Logistics

Important Steps to Achieving Global Freight Management Success

Talking Logistics

Many companies operating in the United States have achieved an inclusive look into their transportation spend, but unfortunately many companies that do business on a global level have struggled to achieve full freight process management. Doug Kahl and Joanne Chan from enVista will explore that question and share insights and advice on how to achieve global freight management success in this timely and informative episode.

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How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Prior to that, Phil held a variety of other logistics roles in both Germany and the United States. Declining Freight Rates. Phil adds that something else has contributed to declining freight rates.

Optimization Tools Lighten the Load on Stressed Freight Networks

Supply Chain @ MIT

Freight transportation networks are increasing in complexity at a time when companies are under immense pressure to improve service levels. Investing in more efficient infrastructure is one response to this challenge, especially in countries such as the United States where deteriorating transportation systems are struggling to keep up with rising traffic volumes.

The Complete Logistics Picture: The Role of Parcel in Reverse Logistics

Cerasis

Managing parcels for outbound shipping represents only a portion of a shipper’s overall logistics strategy. Freight spend must include parcel in reverse logistics spend, and major carriers are turning their attention to the value stream of proactive parcel management in reverse logistics. In fact, the top carriers actively invested in parcel in reverse logistics to offer more options to shippers, such as the $1.4

Boom Time for the Shared Economy within Supply Chain

Logistics Bureau

In logistics and supply chain management, however, transport and warehousing are the most significant sharing processes thanks to a welter of economic benefits for all parties—and the trend is accelerating despite the dampening effect of the COVID-19 pandemic.

How Shippers And Logistics Providers Can Keep The Relationship Fresh

Talking Logistics

The relationship between a shipper and a logistics provider often starts as a transactional process. The shipper has an immediate need, which leads to a Request for Proposal (RFP) or Request for Quote (RFQ) process then ultimately selects a third-party logistics (3PL) supplier to execute on that need. Mr. McGuigan joined Transplace during the acquisition of SCO Logistics in April 2011, where he was President and CEO.

This Week in Logistics News (February 4-8, 2019)

Talking Logistics

Here’s the supply chain and logistics news that caught my attention this week. req’d) Walmart taking over operations at Inland distribution centers [operated by Schneider Logistics] (The Press-Enterprise). Stating the Obvious: Amazon Competes in Transportation and Logistics Services. ” This is just stating the obvious. Co-opetition in parcel delivery has been going on for years, especially between the United States Postal Service (USPS), FedEx, and UPS.

This Week in Logistics News (June 3-7, 2013)

Talking Logistics

In this week’s news… UPS Freight Announces 2013 Rate Adjustment. Cass Freight Index Report for May 2013. On May 28th, ABF increased its general rates and charges for its freight division by “about 5.9 This week UPS Freight announced “a general rate increase of 5.9 percent for non-contractual shipments in the United States, Canada and Mexico. Note: 3Gtms and Descartes are Logistics Viewpoints sponsors. Welcome to June.

This Week in Logistics News (September 7-11, 2015)

Talking Logistics

Remembering 9/11 seems more important to me, even if it doesn’t directly relate to supply chain and logistics. Moving on to this week’s supply chain and logistics news… XPO Logistics to Acquire Con-way. DAT Solutions Launches Freight Market Analytics Service. Well, another blockbuster deal was announced this week: XPO Logistics is acquiring Con-way for approximately $3 billion. Today is September 11. I never forget.

Ocean Freight Routing Terms Explained

Material Handling & Logistics

The ocean freight industry uses many acronyms to describe a shipment’s routing. Here are some of the most common ocean freight routing terms that are important to know. . This acronym stands for All Water Service, which is one of the most cost-effective ways to ship your cargo, and also one of the most eco-friendly ; however, it’s also one of the slowest forms of freight transportation. At first glance, this freight forwarding term might seem interchangeable with IPI.

This Week in Logistics News (February 16-20, 2015)

Talking Logistics

This was a busy week for supply chain and logistics news, so let’s go straight to it. Kintetsu to Buy Neptune’s APL Logistics for $1.2 XPO Logistics Announces Fourth Quarter and Full Year 2014 Results. Menlo Logistics Unveils Innovation Speaks. Shippers, third parties oppose FMCSA’s proposed rules against truck driver “coercion” ( Logistics Management ). Billion ( BloombergBusiness ). Pressure mounts on shippers, union to settle U.S.

Global Logistics—August 2015

Inbound Logistics

In spite of U.S.

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This Week in Logistics News (February 9-13, 2015)

Talking Logistics

XPO Logistics Expands Last Mile Services with Acquisition of UX Specialized Logistics. December 2014 Freight Transportation Services Index (TSI). There is a world-wide shortage of qualified seamen to command these vessels,” said Andrew Kinsey, senior marine risk consultant at insurer Allianz SE’s Allianz Global Corporate & Specialty unit and a retired ship’s captain. billion of freight under management.” Robinson is a Talking Logistics sponsor.

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6 Trends Affecting Inbound Freight Management!

Supply Chain Game Changer

Successful inbound freight management depends on a strong logistics management program. Shippers need to have a robust set of controls in place, a high-quality inbound freight routing guide , automated tracking technology, reporting capabilities, and much more. Shippers need to understand the trends throughout the industry affecting inbound freight management and how to plan accordingly. Congress Will Affect Successful Inbound Freight Management. Subscribe Here!

This Week in Logistics News (January 5-9, 2015)

Talking Logistics

Uber’s Latest Experiment Is Uber Cargo, A Logistics Service In Hong Kong. ABF Logistics Acquires Smart Lines Transportation Group. UPS Worldwide Express Freight Expands. October 2014 North American Freight Numbers. With PMA and ILWU turning to federal mediation, eventual outcome is far from certain (Logistics Management). The post This Week in Logistics News (January 5-9, 2015) appeared first on Talking Logistics with Adrian Gonzalez.

Mastering Menards Delivery through Retail Specialized Logistics

Zipline Logistics

Delivering to Menards can be a challenge for brands that do not have an efficiently optimized logistics function or extensive experience working with the retailer. Menards is the third-largest home improvement store in the United States.