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In April 2024, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year.
In a survey we conducted in October 2020, 91% of our Indago supply chain research community members, who are all supply chain executives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.
Space freight is becoming more accessible, offering a new dimension for logistics operations. For logistics professionals, the cost and limitations of space freight require careful evaluation to determine practical applications.
Auroras launch customers are Uber Freight, a market-leading enterprise technology company powering intelligent logistics, and Hirschbach Motor Lines, a veteran-owned carrier that delivers time- and temperature-sensitive freight. Both companies have had long-standing supervised commercial pilots with Aurora.
Speaker: Adam Robinson, Director of Marketing, Cerasis
Improved Supplier/Vendor Management (Automated buying on an e-commerce website for repeat orders, automated freight pickups for inbound delivery, automated tracking alerts). More Efficient Manufacturing as well as ability to fill the skills gap & make more strategic employees.
In April 2024, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year. Read more
Automotive Supply Chain: Production Shifts and Border Congestion The North American auto industry is among the largest impacted, as Mexico occupies a significant role in parts manufacturing and vehicle assembly. are expected to rise by $3,000 to $12,000 per car, forcing manufacturers to either pass costs to consumers or cut production.
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 On the other hand, increased reliance on faster but less eco-friendly modes like air freight during peak seasons could explain carbon increases.
The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. GlobalTranz works with manufacturing shippers every day to move their goods and streamline their logistics strategies. 5 Challenges Facing Supply Chain Managers in Manufacturing.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
Procuring transportation for freight is much different than any other procurement category. The freight market is mercurial. One master of freight procurement is Kyle Masters. Mr. Master’s experience at Simmons Foods illustrates many of the distinct characteristics and challenges related to freight procurement.
Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change. Similarly, shifting freight from road to rail or waterways offers lower-emission alternatives for long-haul transport.
The logistics landscape is evolving rapidly as more manufacturers relocate production closer to domestic markets. This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supply chains for efficiency, cost savings, and resilience. Government Incentives for Reshoring The U.S. Midwest U.S.
If your business depends on freight shipping, you've likely felt the effects of a world that seems to change overnight. When tariffs rise, fuel prices spike or international trade agreements shift, those cause ripples across all freight modes — truck, air, rail and ocean. Natural disasters. Tariff swings.
Steve Elwell and Joe Lynch discuss freight recession: opportunity or threat. Steve has lead multiple technology, manufacturing, and start-up businesses as CEO, COO, and President. Steve is the Founder and Managing Director of iDev Partners a boutique leadership, business strategy and turnaround consulting firm.
Richard Perry and Joe Lynch and discuss the importance of freight bill audit. With extensive expertise in parcel and freight bill auditing, payment, business intelligence, and associated technologies, he offers valuable insights to the supply chain industry. Episode Sponsor: Greenscreens.ai The Greenscreens.ai
They depend upon their products' fast and reliable movement from cost-efficient manufacturing hubs like China to lucrative markets like the US and Europe. Behind every product's journey from a far factory floor to your local shop, complicated decisions drive the logistics and freight.
The high-tech firm is more than a manufacturer of PCs, tablets, smartphones, and servers. The company has more than 2000 suppliers and operates over 30 manufacturing sites. Show us the best way to fix the freight delays!” It might highlight logistics jams, manufacturing capacity, quality issues, or procurement cost trends.
Established in 2021 in the UK, Pledge brings accessibility and transparency to freight emissions measurement and reporting, empowering businesses to confidently measure, manage and help reduce their carbon footprint. truck, rail, barges), and sea. blueyonder.com Blue Yonder is a trademark or registered trademark of Blue Yonder Group, Inc.
When a critical Tier-2 supplier is affected by a tariff policy change or regional shutdown, the ripple effects often catch manufacturers by surprise. Organizations that have made these shifts are better able to keep delivery schedules, avoid emergency freight costs, and protect margin when external conditions change.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
In addition, other infrastructure repairs which impact freight transportation in and around Ashville, North Carolina are still not completed. The logistics, supply chain, freight transportation, warehousing, and inventory management sectors often operate on razor-thin margins. tallying a staggering $182 billion in damages.
Anne is the President & CEO at the Intermodal Association of North America (IANA), North America’s leading industry trade association representing the combined interests of the intermodal freight industry.
True resiliency is achieved when supply chain leaders can predict issues and dynamically respond – from sourcing and manufacturing to final delivery – with agile solutions. To cultivate true supply chain resiliency, the concept of end-to-end supply chain visibility should not be limited to freight shipment transparency.
Freight shipping for plastic products is a critical component in maintaining profit margins and delivering value to customers. Effective freight management can reduce costs, streamline operations, and overcome logistical challenges, creating a more resilient supply chain. NMFC classification errors , which lead to unexpected expenses.
Companies are proactively acquiring electric vehicle (EV) manufacturers, battery storage providers, and related infrastructure firms to embed sustainability into their operations. In response, major freight operators have recently acquired advanced battery technology firms to accelerate fleet electrification.
However, as air freight rates climb and capacity tightens and questions regarding the future of US de minimis, interest in ocean freight services is on the rise. Indeed, over the past couple of years, online platforms have introduced ocean freight services that target SMBs. fulfillment center network.
But in the context of the Shippers Council, the shipper is the cargo owner (or BCO beneficial cargo owner), usually a manufacturer, who contracts with a logistics service provider (LSP), which, in the Councils definition, can be a transportation (land, sea, air) company, an express company, a forwarder, or a full-fledged 3PL.
Blog " * " indicates required fields Email * More Resources Home September 6, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
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. The need for data synchronization increases with the growth of nodes, the increase of the number of parties handling the freight, and the use of multiple modes of transport.
Advanced planning evolved with a focus on modeling manufacturing constraints. More and more cargo shifted to ocean transport until the container imbalances resulted in issues with “rolling the freight” from ship to ship despite confirmed bookings. The Emergence of Logistics as Constraint. Over time, this changed.
Instead of high-level frameworks, attendees heard directly from global manufacturers including RHI Magnesita, Teleflex, and Marelli. Following the merger of Magneti Marelli in Italy and Calsonic Kansei in Japan, Marelli now operates 88 manufacturing sites across multiple regions, supported by more than 10 ERP systems.
US trucking freight activity fell sharply, by -13.8% compared to the fourth quarter of 2024, according to the latest US Freight Payment Index , which measures changes in both the levels of freight shipments and related spending activity based on transaction data. Year-on-Year (YoY), and by -5.8% YoY and -2.5%
Over the years, individual locations—the company has several manufacturing locations in Europe and North America—have behaved increasingly autonomously. Ultimately, they decided to work with Uber Freight. The new simplified SAP set-up and Uber Freight’s managed trans services have driven significant benefits for KRONOS.
Shipment planning and execution capabilities that can be used to optimize shipments in real time, route freight, track carrier rates, manage the inbound flow of goods and integrate with the dozens, if not hundreds, of possible vendor platforms. Another Thing to Consider: Network Versus Execution-Level Optimization.
The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. We were pretty confident that we could raise a little bit more money or sell more product – it was pretty popular.
More Resources Home August 6, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe weekly prices increased 7% to $3.63/kg. Europe – N.
About Express Logistics Group (T-Rex Prestige Worldwide) Express Logistics Group , a T-Rex Prestige Worldwide company is an elite transportation team focusing in food service, retail and industrial manufacturing. Veteran Expertise: The team is composed of industry veterans with years of experience, providing reliable logistics solutions.
Higher freight volumes. Stronger freight volumes are expected as pent-up demand from consumers, retailers, and manufacturers reaches an apex. Shrinking capacity from higher freight volumes results in higher rates throughout peak season and beyond. Tight capacity and high rates.
and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. And now on to this week’s logistics news.
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. The money is coming through the U.S.
Since January, the ocean freight shakeup has pushed many shippers to the air. The Digital Impact All airlines on the WebCargo platform provide digitized, real-time rates reflecting available capacity on specific flights that freight forwarders can then view and book instantly. That reached air cargo quickly.
Whether shes hosting charity golf tournaments or hosting Rutgers University Supply Chain students with a tour of the manufacturing facility, Kristina believes business should always be a force for good. About Bettaway Bettaway is a privately held, family-owned Supply Chain Services company headquartered in South Plainfield, New Jersey.
Miguel Angel Martinez, president of Mexico’s National Chamber of Freight Transport (Canacar), said some transporters are close to bankruptcy due to an operational crisis at Manzanillo’s customs department. We’ve already defaulted on payments to leasing companies, insurance companies, suppliers, and even our staff,” Martinez said.
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