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We spoke with CTSI-Global to learn more about their approach to transportation management and the solutions they provide for businesses navigating the complexities of supplychain operations. With a global footprint, CTSI-Global manages $30 billion in freight annually and employs 500 staff across multiple countries.
The good news is that the supplychain industry has finally “got religion” about digital transformation technologies — an important silver lining after two years of seismic supplychain disruptions. Yet end-to-end supplychainvisibility continues to be a challenge, for many reasons.
. • Autonomous Vehicles: Autonomous ground vehicles, such as self-driving trucks, address long-haul and heavy freight logistics. With the ability to carry larger payloads over extended distances, autonomous vehicles are better suited for transporting bulk goods between distribution centers and other logistics hubs.
Jake Hoffman and Joe Lynch discuss the container payment portal and the rise of AI in freight. Jake is the Chief Technology Officer of Gnosis Freight, a logistics tech company focused on the lifecycle of a shipping container as it moves around the world.
I’ve been an industry analyst for over 20 years and achieving timely and accurate supplychainvisibility has always been — and continues to be — a top priority for companies across all industries. It’s an ongoing challenge because supplychains continue to get more fragmented, more global, and more dynamic.
In the wake of the COVID-19 pandemic, the long-haul transportation industry has been tested daily. Fluctuations in supply and demand. In April, freight volumes increased from 100,000 loads per weekday to 150,000 loads at its peak, loads remained consistently above 130,000 each day early in the month. The biggest issue?
Freight Tech Trends with Mike Mulqueen. Mike Mulqueen and Joe Lynch discuss freight tech trends. Mike is a Partner and Strategy Practice Lead at JBF Consulting a company that integrates a supplychain execution strategy and systems for logistics-intensive companies. Key Takeaways: Freight Tech Trends.
Freight Tech Trends with Mike Mulqueen. Mike Mulqueen and Joe Lynch discuss freight tech trends. Mike is a Partner and Strategy Practice Lead at JBF Consulting a company that integrates a supplychain execution strategy and systems for logistics-intensive companies. Key Takeaways: Freight Tech Trends.
I have long argued that companies need to expand their definition of supplychainvisibility. End-to-end supplychainvisibility also involves, for example: Knowing where the manufacturing/production facilities of your suppliers (and their suppliers) are physically located, and which parts or materials are.
Richard Perry and Joe Lynch and discuss the importance of freight bill audit. Richard is Vice President of Strategic Accounts at Intelligent Audit , a cutting-edge logistics and supplychain technology company, dedicated to revolutionizing how businesses manage their shipping and transportation processes.
When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. Transportation execution solutions allow shippers to connect to multiple carriers and then tender, track, and pay in the system.
Not having adequate visibility to your shipments, orders, or products is an ongoing challenge for many companies. You may have very good visibility in some areas of your supplychain, but have poor visibility or blind spots in other areas such as transportation. SupplyChainVisibility Gaps.
Shipping freight across the world is a complex matter. But what is even more complicated is freight billing and handling freight payments: what a cargo owner is initially quoted is often different from what he later is asked to pay. A 2021 Cargo Owners and freight forwarders survey, confirms this. Lack of trust.
You can embrace challenges and changes knowing that supplychain digitization has made your processes pliant, adaptable to disruptions and, yes, resilient. Your supplychain should benefit from end-to-end supplychainvisibility and execution solutions that work together in a coherent supplychain orchestration strategy.
This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supplychains for efficiency, cost savings, and resilience. For logistics professionals, understanding how these changes impact freight networks is critical to staying ahead. Government Incentives for Reshoring The U.S.
Jake Hoffman and Joe Lynch discuss the Gnosis Freight Container Lifecycle Management® Platform and how Gnosis streamlines international logistics. We begin by discussing Gnosis Freight, a company that has developed the first Container Lifecycle Management® Platform to simplify the complex process of international shipping.
FourKites , the global leader in real-time supplychainvisibility, has launched a Sustainability Dashboard where companies can see miles traveled to create a baseline for emissions. This information can be used to make decisions on modes of transportation. It is also the best play for long term sustainability.
The right application and aggregation of TMS data empower shippers with the information necessary to achieve end-to-end supplychainvisibility, understand freight costs, and plan for changes in demand. The post TMS Data: What Should a Transportation Management System Track?
Our vision at TRAMES, is to reduce global trade barriers through digitalizing international freight and transportation. Doing so significantly reduces physical paperwork, as well as the number of manual touchpoints in any supplychain resulting. TRAMES is all about International Freight Orchestration (IFO).
SCCN is a collaborative solution for supplychain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. SCCN solutions provide supplychainvisibility and analytics across an extended supplychain.
Achieving end-to-end supplychainvisibility has always been (and remains) a top priority for companies, but over the past few years, the spotlight has been on a particular segment of the process: achieving real-time freightvisibility. How does freightvisibility impact OTIF?
The shocks of early 2020 hit the freight management and logistics supplychain hard. The right technology can help freight managers see what’s going on throughout the chain. Supplychainvisibility and collaboration come into play and makes a world of difference.
More importantly, the ever-growing need for visibility will have a dramatic effect on preventing black swan events from occurring. For freight, managing black swan events, like risk mitigation , means finding problems that are on the verge of causing disruption and taking advantage of resources to minimize their impact.
Michael is Sector Vice President of Trimble , a global technology company that provides hardware, software, and services to improve efficiency and productivity in industries like construction, agriculture, and transportation. This gives transportation companies more options and control over their technology stack.
Background on Ocean Transport. 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 supplychain leader’s number one responsibility is reliability. We are awash in a sea of self-interest.
As explained by Alexa Cheater of Kinaxis , supplychains carry a heightened risk of “black swans,” which reflect the unanticipated risks coming to fruition. SupplyChain Black Swans Are Perceived as Minimal Risks Supplychain black swans are considered inescapable threats. GET YOUR FREE WHITE PAPER.
5 Principles for Greener Freight (2,220 views). Keep Your Truckload Freight Moving (1,982 views). The Latest on Transportation Funding and Regulations (1,771 views). Making Transportation Collaboration Work (1,569 views). The Growing Demand for Flexible Transportation Solutions (1,441 views).
We continue our series on the most read articles from the Cerasis blog for 2015 today by featuring any of the blogs in the transportation management or transportation categories. . We've already listed the top 10 manufacturing articles, the top 10 supplychain articles, and yesterday, the top 10 logistics articles.
Barry is the CEO and founder of Overhaul, an Austin-based company that provides intelligent, real-time supplychainvisibility, risk, compliance, and insurance solutions for global shippers and logistics providers. Customers include Microsoft, Bristol Myers Squibb, and many others.
Closer to home for supplychain professionals, driver shortages continue to plague the industry. Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. With the right data you can reduce your overall transportation costs, both accessorial costs and overall freight spend.
Supplychainvisibility and big data are hot topics and everyone is trying to figure out how to extract and analyze the data they have for better visibility and decision making. Financial data and visibility into the costs associated with shipping are critical to improving corporate financial performance.
Kendra Phillips and Joe Lynch discuss taming the supplychain beast. Kendra is the VP of Global Transportation Management leading the managed transportation and brokerage divisions of Ryder System, Inc , a Fortune 500 Transportation and Logistics company. responsible for a $175M P&L and over 1,200 employees.
When it comes to real-time visibility, the market is becoming more important and more robust than ever before. Billions of venture capital dollars of investment are being poured into companies that can integrate real-time visibility data with transportation to provide a more informed ETA for shippers and carriers. Final Thought.
In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supplychainvisibility. In order to implement this visibility, it is crucial that companies take into consideration many elements.
When I ask shippers what they look for in a logistics or transportation management partner, technology capabilities — and the data and insights those technologies provide — is always near the top of the list. What impact are these technologies having on transportation managed services?
Proximity to raw materials, increased capacity, and labor costs are just a few of the ways that global supplychains work to save money for today’s top companies. However, the biggest pain point for these global supplychains is the one that seems inescapable – transportation costs.
Thomas is Founder and CEO of Thomas Deakins Consulting , where he advises logistics and supplychain companies on digital supplychain strategy, technology selection, and creating supplychain partnerships. Thomas is recognized as a leader in building strategic world-class supplychain partner ecosystems.
Based on the top Talking Logistics posts and videos this quarter, it’s clear that transportation management remains a hot topic of interest — everything from how to navigate the twists and turns of the market to how to leverage transportation management systems (TMS) and emerging technologies to drive continuous improvement.
Faced with the challenge of limited data availability, he co-founded Vizion, an API-first solution empowering cargo owners, freight forwarders, and software providers to achieve true supplychainvisibility by tracking ocean freight in near real-time.
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 Audit Benefits. Based on the research of inboundlogistics.com, freight costs can make up 10% of an organization’s expenditure. of the freight invoices.
ZF offers product and software solutions for established vehicle manufacturers and newly emerging transport and mobility service providers. The ZF supplychain is complex. This is a key technology for improved collaboration across an extended supplychain. Finally, they have an aftermarket parts division.
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. Understand the true size and scope of global transportation networks.
Two major shifts are changing the face of global transportation management as we know it: Supplychains are becoming increasingly complex, relying on partners and data beyond the four walls of the enterprise; The very definition of global transportation management is broadening and expanding well beyond the traditional TMS scope.
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