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CLM changed its name twenty years ago to the Council of Supply Chain Management Professionals (CSCMP) to be more inclusive of the source, plan, and make aspects of supply chain management. The report mentions the freight recession, but is largely silent on the impact on business resiliency. Sadly, it did not happen. What is the fog?
Jordan Graft and Joe Lynch discuss freight has an identity crisis, which refers to rampant fraud and double brokering in the transportation business. Morgan in NewYork City. Highway provides brokers with comprehensive data on carrier equipment to supercharge their capacity sourcing and vetting efforts.
North American Transborder Freight up 23.8% The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. The excess capacity includes warehouses in NewYork, New Jersey, Southern California and Atlanta, according to an article in Bloomberg.com that referenced anonymous sources.
About Felipe Capella Felipe Capella Co-founder and CEO of Loadsmart , a leading digital freight technology company. Previously advised companies on corporate strategy and M&A in Brazil and NewYork for 8 years. AI freight management analyzes data, provides ranked insights and recommendations.
For the first time since 2020, I was back in NewYork City for the NRF Big Show. But speaking of robots, the coolest robot I saw in NewYork this week was the life-size, and life-like, Yayoi Kusama robot at the Louis Vuitton store on the Upper East Side. This could be a slow, messy year for freight.
Last week, UPS held an investor conference in NewYork and the main theme was “Networked for Growth.” Source: UPS. Source: UPS. Where to Find Supply Chain Innovation (Source: Adelante SCM). Enabling Labor, Freight, and Cash-to-Cash Savings with Supply Chain Operating Networks.
The broader climate issue.and freight’s role. The emissions from freighting Shawn’s TV is a miniscule percentage of this year’s 33 billion ton cube. Finding freight’s contribution to GHG took a lot of digging. . Click the button on the right to see our sources. kg of carbon emissions. This is a big deal.
Supply chain and procurement executives should urgently pay heed to the need to make sure it is distributed to them, said Jay Koganti, vice president supply chain at the Center of Excellence of Estée Lauder , during a presentation titled “ AI Trends Transforming Supply Chain – and How Leaders Should Respond,” at the DPW NewYork conference June 11.
Employees at an Amazon warehouse on NewYork’s Staten Island voted late last week to join a union, which is a painful defeat for the e-commerce giant that has aggressively fought unionization efforts in recent years. Israel Aircraft Industries is remodeling older Air Canada passenger jets to carry heavy freight.
A crowd of nearly 37,000 people flocked to the Javits Center in NewYork City to see what new solutions and innovations software suppliers had in store for 2023 and beyond. In a conversation with Blue Yonder executives, they pointed out that retailers are looking at port diversification for improved sourcing and allocation.
Let me find new routes, new supply chain sources, new ideas. The more data you put into that, you’ll be able to create new scenarios on how to solve those types of things. So one day the scenario is a war, another day is tariffs, another day is Covid.”
federal environmental, social and governance (ESG) regulations such as the proposed SEC climate rules remain contested, while California (SB 253 ) and NewYork (A4123 ) have introduced climate disclosure laws. In the U.S., These states alone represent two of the eight largest economies in the world, and more are expected to follow.
According to the NewYork Times, Iran sent a barrage of missiles into Israel on June 20 that struck in several places, including Haifa, where two people were severely injured. Earlier, Israel announced it had conducted overnight strikes on missile factories and a research center linked to Iran’s nuclear program.
NewYork City, long known for its towering skyscrapers and iconic coffee culture, is undergoing a subtle but bold transformation. A new wave of alternative cafes is popping up across the five boroughs, embracing innovation, sustainability, and efficient design. And at the core of many of these new cafes?
Source: CNN. FreightWaves anticipates the heavy snowfall and strong winds will delay freight flows in the northeast throughout the week, impacting key freight markets like Harrisburg, PA, Allentown, PA, and Elizabeth, NJ.
In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. Going forward, it is vital that shippers analyze their freight spend and if required renegotiate their rates regularly to remain competitive.
Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. Infor is a multi-national enterprise software company, headquartered in NewYork City, in the US. COVID of course taught companies the need for agility.
Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times.
Readers old enough to remember the 1960s, might recall the television show “Green Acres” starring Eddie Albert and Eva Gabor as a couple who move from NewYork City to a country farm. Freight Farms calculates annual profit for each container to be an average of $39,000 annually.”
And this global trip isn’t just for sightseeing – leading companies find that a diversified sourcing base and far-flung manufacturing can help cut production costs, increasing the bottom line. No matter how much can be saved from sourcing globally, transportation costs continue to creep in to seriously affect a product’s profit margin.
Carriers, freight forwarders, and shippers that were dealing with the China to North America trade lanes were already operating in crisis mode. It will get worse – the invasion will create major new constraints on Asian ocean and air exports with spot container pricing. Map of Natural Gas Pipelines into Europe.
NewYork City. NewYork City. Content Summary: Chicago ranks number 1 among the seven metro areas in projected supply chain management and technology employment growth; in net job creation for supply chain-related industries; in freight flow; and in inventory holding. Media Type. Media Caption. Privacy Settings.
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.
If you’re like me, staying up to date on supply chain news is critical. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. is one of the industry’s most respected logistics sources.
And last month, we witnessed the havoc that winter storm Jonas unleashed along the east coast , dumping more than two feet of snow in Washington, DC, NewYork City, and other major cities, leading to thousands of flight cancellations and gridlock on the roads. Robinson , and I addressed in a recent episode of Talking Logistics.
Founded in 2017 and headquartered in NewYork , this provider provides a full-stack, real-time risk intelligence SaaS platform powered by AI technology. Tom Thimot, who has served as CEO since 2023, will reportedly transition to serving as Advisor to the CEO.
Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. Introduction. Get Professional Help.
Here are some details from the press release: Riskpulse helps shippers, carriers, distributors and receivers increase their on-time performance, reduce unnecessary freight spending and avoid waste caused by operational variability, as well as natural, social or infrastructure-driven disasters. req’d) DSV to Buy Panalpina in $4.6
I’m running short on time, so let’s go straight to the supply chain and logistics news that caught my attention this week: Amazon patented a highway network that controls self-driving cars and trucks (Recode). Trucking Freight Brokers to Merge Under Private-Equity Deal (WSJ – sub. November 2016 North American Freight Numbers.
Apple Gets Permit to Test Self-Driving Cars in California (NewYork Times). By aggregating orders from various geographic locations and coordinating apparel assembly processes on a large scale, the embodiments provide new ways to increase efficiency in apparel manufacturing.”. Source: Amazon patent.
OHL Launches Freight Consolidation Services Offering. Delivery continues to dominates the news, with (surprise, surprise) Amazon leading the way again this week. IBM Delivers Blockchain-As-A-Service for Developers; Commits to Making Blockchain Ready for Business. UPS Enhances Flex Global View.
Cassidy ( @WillB_Cassidy ), Senior Editor at The Journal of Commerce , writes, “US shippers and transportation providers need to start preparing now for a potentially destructive 2021 hurricane season along the East and Gulf coasts, according to digital freight marketplace Convoy. ” Footnotes. [1] 2] William B. 3] Jen A.
Top 10 Supply Chain Innovations of 2016 : robot pickers, bridge-inspecting drones, autonomous freight shuttles, and more. In markets with high land values, such as NewYork City, Seattle and the San Francisco Bay Area, multistory distribution centers are emerging. Warehouse Automation. Media Type. Privacy Settings. Media Image.
The Tesla Semi Truck Will Change Freight. Freight innovation frequently focuses on moving data better – like visibility, eBookings , and the new generation of forwarders and brokers. The Tesla Semi in the Wild (Source: reddit). What The Tesla Semi Means For Domestic and International Freight.
Rail freight volumes continued to fall at the end of March alongside service outages due to flooding in the Midwest. True Value has already successfully implemented this strategy in the Midwest, and is now bringing it to its Northeast region with this new investment.
5 Tips for Protecting Your Freight Against Cargo Thieves. Protecting freight is one of the responsibilities you have to your clients. A few areas with high rates of cargo theft are Los Angeles, New Jersey, NewYork, Miami, Houston, and Chicago. Sources: [link]. Don’t Let Trucks Sit for Too Long.
The huge build-up of containers at China’s docks has created a major ocean freight imbalance, with a shortage of cargo in US and European ports and a shortfall in boxes needed by Western exporters to ship products to other parts of the world. Ocean Freight. Air Freight. Ocean Freight. Air Freight.
Honeywell’s Connected Freight Technology Monitors High-Value And Perishable Goods In Transit, Helping Prevent Damage, Loss And Theft. Alone on the Open Road: Truckers Feel Like ‘Throwaway People’ (NewYork Times). WSS to launch pilot scheme for drone deliveries to ships at anchor (The Loadstar).
Maersk , a global leader in transportation, supply chain and logistics management, and general freight, announced February 9, 2022, “The intended acquisition of Pilot Freight Services (Pilot), a leading U.S.-based The company had seen a massive acceleration in demand across all service levels, including air and ocean freight.
However, it is not easy to quickly transition from distribution strategies built around receiving at ports in Long Beach and NewYork. If it is cost effective to do so, and given the earlier ordering, shippers may consider changing the port(s) into which they ship ocean freight.
These smart operators include: John Deere: The agricultural vehicle manufacturer says it expects to spend $40 million (USD) on expedited freight to ensure there is no disruption in supply. In the future, businesses will diversify their supply chains and source locally so they are not as dependent on one procurement source as they are now.
Frequent readers of the Supply Chain Matters blog may recall one metaphor that this Editor has invoked over the past three years – the Eagle ’s tune, In a NewYork Minute ( Everything Can Change ). Everything is a little out of sync right now. ”.
The Supply Chain Matters blog highlights a further negative drop in the NewYork Federal Reserve’s Global Supply Chain Pressures Index ( GSPI ). freight and logistics recession , we called attention to reports that the Logistics Manager Index (LMI) for April reached an all-time low of 50.9,
retailers have been pulling forward their 2024 holiday fulfillment inventory needs as a hedge toward deepening global supply chain disruptions, geopolitical developments and rising freight rates. Similarly, the imports processed at the port of NewYork and New Jersey reached during May reached their highest levels since September 2022.
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