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Mike Wolf and Joe Lynch discuss why freight tech fails. Mike earned his BS in Electrical and Computer Engineering from The University of Tennessee. Key Takeaways: Why Freight Tech Fails. In the podcast interview, Mike describes why freight tech fails and what can be done to improve the situation. About Mike Wolf.
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.
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. GEODIS offers a wide range of services, including freight forwarding, supply chain management, customs clearance, and warehousing. The Greenscreens.ai
Noble graduated cum laude with a bachelor’s degree in management and marketing from Lincoln Memorial University in Harrogate, Tennessee. Prior to founding Verusen, Noble spent over a decade with The Sherwin-Williams Company, where he specialized in supply chain/manufacturing and led its Eastern U.S. Industrial Distribution business unit.
About Thomas Deakins Thomas Deakins is Founder and CEO of Thomas Deakins Consulting, a freight technology advisory. Thomas earned his MBA in Global Supply Chain from the University of Tennessee Knoxville. Thomas is recognized as a leader in building strategic world-class supply chain partner ecosystems.
Scott is an astute leader with more than 30 years’ logistics experience, including international freight forwarding, domestic transportation and freight management, warehousing, distribution and fulfilment, as well as more complex domestic and global supply chain management. About Suddath.
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. Piedmont Lithium pulls US government loan applications Piedmont Lithium has pulled its application for a U.S.
It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services to customers with high service freight and delivery standards. Covenant Logistics was founded in 1986 and is based in Chattanooga, Tennessee.
Paul Dittmann , Executive Director of the Global Supply Chain Institute at the University of Tennessee Improving operational efficiency in the global supply chain is a complex undertaking, and requires a documented, multi-year strategy instead of knee jerk reactions, and programs of the month.
The new CEO embarked on several cost reduction initiatives in conjunction with a number of changes (some may argue too fast and too soon) on how the company operates its freight-trains. An extreme example of this is a ride from Chicago to Colesburg, Tennessee taking 18 days, 13 hours, and 57 minutes!
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.
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. Many of the children today will be the leaders of tomorrow and thankfully their access to logistics and transportation (L&T) education is abundant.
I worked for a small trucking company in East Tennessee while in college, and I fell in love with the fast pace and constant challenges that would arise. Export freight went from desirable to almost unmovable and back to almost desirable. Tell our readers a little about your background and experience. in Business Management.
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.
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? ? .
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 Freight Logistics Company | Cerasis.
A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. FedEx Corporation FedEx , previously known as Federal Express, is an American multinational freight company founded in 1971 as a system for urgent deliveries. Kuehne + Nagel Inc. Kuehne + Nagel Inc.
Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains. With these caveats in mind, plotted below are the CES data for employment at general freight, long-distance truckload and LTL firms.
Today, there are 8 states in the country, including Nevada, California, Michigan, Florida, North Dakota, Tennessee, Utah, and Arizona that are allowing the testing of self-driving vehicles on certain roadways.”.
Skilled in Operations Management, Freight, Reverse Logistics, Operational Excellence, and Pricing Strategy. Strong business development professional with an Executive MBA focused in Global Supply Chain from University of Tennessee-Knoxville.
Typically companies operated in silos, but according to a recent Global Supply Chain Institute at the University of Tennessee survey, while some lines between business functions have blurred, silos still exist, especially between purchasing and logistics. Freight charge reductions from 5% to 3.5% Improved SLAs to consistent 98% levels.
Freight Cost Management eliminates post-audits and disputes. in Freight Cost Savings Per Shipment: Logistics Sourcing activities improve negotiated rates. Real-time visibility and proof of delivery eliminates tracking activities and dispute resolution. Access to data in single system eliminates data gathering and streamlines analysis.
This new collaborative service leverages Con-way Truckload’s capabilities in Mexico through its CFI Logistica subsidiary, “where it has 10 offices, an extensive drayage network and 40 years of in-country experience, and Con-way Multimodal’s resources, systems and freight procurement expertise.”
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. About Trey Griggs . Trey Griggs is a Brand Ambassador at Lean Solutions Group and the Founder and CEO of BETA Consulting Group (BCG).
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. In Tennessee, some of the EVs are also humanless Pods that use Einride’s artificial intelligence technology to haul goods.
Northeast see less snow and rain than usual as La Niña causes storms to dump more precipitation over the Great Lakes, Ohio and Tennessee River valleys? Will drought persist in California, as La Niña shifts storm tracks northward? Will the U.S. How much will La Niña increase precipitation in Asia?
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.
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.
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. Yet, without a crisis situation to motivate action, most companies place risk management at the bottom of the priority scale.
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 freight tech firm, TextLocate which provides a freight location tracking and communication solution for brokers and partner carriers.
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.
Andrew Cox and Joe Lynch discuss the FreightTech 25, which is a list of 25 freight technology companies that have been recognized by FreightWaves as the most innovative. Andrew is also responsible for managing the FreightTech 25 nomination and selection process and is a co-host of the freight finance podcast, Great Quarter, Guys.
Produce season transportation can have an impact on your freight, even if you do not ship grains, fruits, or vegetables. Kansas’ produce season transportation spikes influence freight capacity and rates in early summer continuing through August. If dealing with North Dakota freight, expect some capacity fluctuations around this time.
FreightWaves is the leading Freight Intel provider, offering current digital intelligence and context to the freight community on a central platform. [03:50] 36:58] Is Tennessee a business-friendly state? People call it the Bloomberg of freight. 47:10] Let’s say I’m a little trucking company or freight broker.
That means a lot of freight delivery schedules are going to slip. Over the weekend, Winter Storm Diego blanketed Charlotte, Raleigh and many miles of highway in North Carolina, extending east to Tennessee and north to Virginia. Storms freeze freight flows. It’s snowing at the wrong time and in all the wrong places.
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. has shut down operations and is headed for bankruptcy filing, according to the Teamsters Union and multiple media reports.
But as opposed to the parcel carriers that transport the small packages purchased through typical e-commerce orders, those large items are hauled over the last mile by 3PLs with fleets of independent contractors and freight brokerage operations. Through November, about $33 billion in new auto-factory investment has been pledged in the U.S.,
Craig Fuller is CEO and Founder of FreightWaves, the only freight-focused organization that delivers a complete and comprehensive view of the freight and logistics market. FreightWaves is the leading freight intelligence provider, offering current digital intelligence and context to the freight community on a central platform.
If Bob chooses Red Stag as his fulfillment warehouse, his inventory in our Knoxville fulfillment warehouse may trigger an obligation for him to register to collect and remit Tennessee sales tax.
These costs are typically customs duties, insurance and freight. Exporters need to know that landed costs aren’t just simply cost + insurance + freight. In the state of Tennessee, for example, a complicated tiered tax rate is applied to all goods up to the value of $3,200. Why Landed Costs Matter for Exporters.
Bed Bath & Beyond @BedBathBeyond Bed Bath & Beyond has discovered a way to save millions of dollars on freight over the next few years, thanks to a new 755,000 square-foot distribution facility slated to open in the fall of 2019. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S.
Key Market Areas are helpful when pricing freight to and from a specific location. For example, the Memphis KMA includes portions of Western Tennessee, Northern Mississippi, and Northeastern Arkansas. Key Market Areas map. How to get yours.
You see, the most common length of haul is between 250 and 550 miles for intercity freight. I realize that many truckers object to the whole idea of "headhaul" and "backhaul" rates, but this is just the reality of spot market freight. Houston and Atlanta are pumping out freight like crazy.
Several factors can impact the cost of freight shipping, including your shipment’s weight, dimensions and any special handling requirements, such as temperature or shape. Yes indeed, freight shipping prices do vary by state. Additionally, our freight experts are here to guide you through the process if needed.
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