This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
As shippers of all sizes expand their globalsourcing, manufacturing, and distribution operations, they have to navigate the complexities involved with globaltransportation management. What are the main challenges global shippers face today? “It
Ongoing attacks on vessels in the Red Sea by Yemen’s Houthis continue to disrupt shipping lanes in the chemical industry’s supply chain, according to Al Greenwood, chemicals expert and deputy editor at ICIS. shipping containers and stacking them up to six high. shipping containers and stacking them up to six high.
While large national networks comprise a significant percentage of transportation service providers' shipping options, several challenges present if these are the only OTR freight transportationsources considered, including. The Challenges of Only Relying on National Networks. Learn More.
Two major shifts are changing the face of globaltransportation management as we know it: Supply chains are becoming increasingly complex, relying on partners and data beyond the four walls of the enterprise; The very definition of globaltransportation management is broadening and expanding well beyond the traditional TMS scope.
Managing a global supply chain network requires the ability to manage and control both globaltransportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.
There are 4 fundamental areas where globaltransportation is challenged. Three of these challenges are variants on traditional transportation challenges and the last is relatively new but growing in importance. Transportation Cost Management. It is an important part of an effective and efficient global supply chain.
In today’s turbulent trading environment, strong globaltransportation management capabilities deliver exceptional benefits and value. Massive shifts in supply chains are underway because of trade turmoil increasing the complexity in global supply chain management and related transportation management.
Instead of having to deal with an ineffective point-to-point communication system like EDI and the complexity of reconciling multiple data sources with multiple permission models, Distributed Ledger Technology (DLT) provides a singular mechanism to securely integrate, harmonize, and synchronize data for all participants.
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. However, the biggest pain point for these global supply chains is the one that seems inescapable – transportation costs.
I’ve worked in the supply chain for 30+ years, working for major retailers including Kmart, Michaels and Five Below, as well as on the 3PL and logistics side with companies including FedEx, where I was Vice President of GlobalTransportation, and UPS, where I worked as Vice President of Supply Chain Design. Image source: Bloomberg.
This complexity is certainly evident in global logistics and ocean shipping, where shippers encounter many barriers to enabling a streamlined process, including: Inefficient Processes : A lot of shippers resort to manual processes to procure capacity and communicate shipment details with the many parties involved in ocean movements.
With this latest Gartner Magic Quadrant for Transportation Management System, Blue Yonder remains one of only two companies recognized as a Leader in the three Gartner Magic Quadrant reports 3 covering Supply Chain Planning, Transportation Management Systems, and Warehouse Management Systems. Theres no paper waste.
In some instances, Google packs orders and hands them off to shipping partners for delivery the following day. . Mode shift is one of the key trends related to international transportation, a topic I will discuss next week on Talking Logistics with Ross Romine, VP of GlobalTransportation Services at LEGACY Supply Chain Services.
Temperature-sensitive goods demand proactive planning, quick turnaround, and expertise in temperature controlled shipping so that they maintain the correct temperature all the way to their final destinations. Source: C.H. A Visual Look at a Last Mile Program. 5 Questions to Ask When Choosing a Last Mile Program.
We now add highlights of March and Q1-2022 key globaltransportation and logistics indices. Global and Domestic Transportation and Logistics Indices. GlobalShipping. Shipping Transit Timeliness. The Flexport Ocean Timeliness Indicator tracks average ocean container shipping transit times.
Its mission is to gather and integrate data from various sources and orchestrate it in such a way that it enhances supply chain visibility and efficiency. Recently, SRS (an umbrella group for twenty European retailer groups, selected GT Nexus to deploy a globaltransportation control tower. Online shipping management?
As the calendar now moves to the second half of 2022, it is important to focus on rapidly changing developments including a marked escalation in geopolitical tensions that impact global supply chain strategies. Restoring More Direct Control in Materials Sourcing. Mid-Year Assessment. In early July, Bloomberg reported that U.S.
Managing a global supply chain network requires the ability to manage and control both globaltransportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.
In today’s turbulent trading environment, strong globaltransportation management capabilities deliver exceptional benefits and value. Massive shifts in supply chains are underway because of trade turmoil increasing the complexity in global supply chain management and related transportation management.
Global freight management success will be contingent on businesses understanding the people, processes, and system integrations needed to compete in the global marketplace. When tasked with improving global freight process management, keeping the following tips in mind will be key. Two issues make this more challenging.
Supply Chain Matters highlights for readers indications that ocean container shipping spot rates involving routings from China and Asian ports to the U.S. The latest monthly global Container Market Forecaster issued by the Container Xchange indicated that in May, container prices surged 45 percent across China. are exploding.
Current published reports and available industry data reinforce indications that the peak both in volume and in ocean container shipping rates may have been reached. Once more, current longer term industry trends imply a period of excess global container vessel ship capacity by 2026. Observed was that the ratio of U.S.
Supply Chain Matters highlights an added admission, this time from a shipping industry senior executive, indicating that the period of windfall profits among globalshipping players is coming to an end. . However, what remains are the implications of what has occurred since the start of the global pandemic.
Demands on the transportation teams are growing as political posturing ramps up causing rapid disruption to global supply chains. A global TMS solution provides an automated and systemic way of addressing the challenges that are the reality for most organizations that sourceglobally. Execution Control.
First, Descartes is starting to focus on helping companies, especially small and mid-sized businesses, better integrate and automate their e-commerce, warehouse management and shipping processes. TM+ should enable both planning, execution, & performance management.
The more money you can save on shipping, the better. To find savings, you’ll want to work with an experienced globaltransportation post audit services provider. During an economic downturn, sourcing specialty parts could get tricky. There are likely more sources to pick from. Keep Your Parts Needs Flexible.
Now that the fireworks are over and New Year’s resolutions are set, it’s time to prepare for globalshipping in 2020. Recapping 2019’s top globalshipping disruptors. trade war and the trade conflict between Japan and Korea, these and other disruptions caused serious challenges to the transportation industry.
Transportation is one of the world's largest industries and deeply influences how efficiently global supply chains are able to run. According to Plunkett Research, transportation revenues in 2017 reached over $1 billion in the U.S. Globally, they stood at $4.8 Price quotes are just as important as the shipping process.
To protect the environment and reduce global pollution, the International Maritime Organization (IMO) has regulations in place to control particulate matter emanations, including sulfur emissions. Sulfur—a natural element of the crude oil that ships use as fuel—is a primary cause of air-polluting particles emitted by ships.
The year featured continual component shortfalls, explosive inbound materials cost increases and continuous globaltransportation disruptions. Upwards of over 100 container ships were queued across the Pacific Ocean seeking to be processed by the major U.S. Current Year 2022. seen as a likely alternative.
Freightera and Supply Chain Canada launch The Nearshoring Directory, a potential sourcing solution that could revolutionize the way supply chain works. COVID-related supply chain pressures, ship and container shortages, combined with globaltransportation congestion, all have shaken international commerce.
In a previously published Part One look back commentary , we noted how outlooks for the global economy and for business uncertainties have significantly changed at the mid-year mark as the global economy shows definitive signs of uncertainty and lowered momentum. Mid-Year GlobalTransportation Assessment.
On top of this platform, GT Nexus has provided various transportation management applications, such as transportationsourcing, which has been a strength for the company, especially in facilitating ocean transportation bids. Ready to Ship Rating, Planning, and Optimization. Transportation Analytics.
Transportation is one of the world's largest industries and deeply influences how efficiently global supply chains are able to run. According to Plunkett Research, transportation revenues in 2017 reached over $1 billion in the U.S. Globally, they stood at $4.8 Price quotes are just as important as the shipping process.
The aerospace industry plays a critical role in globaltransportation, defense, and economic growth. It underpins the globaltransportation network, enabling the movement of people and goods across vast distances. Streamlined, Automated Workflows: Manual and paper-based processes are often slow, error-prone, and costly.
Both our research arm’s prior published predictions for 2024 and our Supply Chain Matters commentaries during the first half have tracked to these notions of ESG , added labor unrest, geo-political and supply network sourcing related events. A further globaltransportation disruption consideration for the second half are reports that U.S.
The scope of quality control extends beyond materials and products to other areas such as shipping, supplier, and third-party quality, making machine learning an all-encompassing tool for maintaining quality standards. Quality control is another area where machine learning shines. Europe, China, and Singapore.
Revenue data is sourced from the companies’ websites and market research platforms such as Macrotrends. A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. Tsukumo Shokai Shipping company was founded transporting passengers from Yokohama to Shanghai.
B2B marketplaces usually offer support beyond purchasing – such as payment and shipping services What are the benefits of B2B marketplaces? They compete with the likes of Hong Kong-based GlobalSources, which has been around since the early 1970s and is now owned by UK-based Clarion Events.
Supply chain logistics B2B platform provider project44 produces a series termed Supply Chain Insights by project44 which extracts select data from the provider’s tracking of globaltransportation and logistics flows. A July edition provided two reports that responded to the question- Are Global Supply Chains Recovering ?
Carriers and logistics services providers experienced windfall profit levels in their ability to leverage the constant disruptions and ship deployment imbalances into skyrocketing spot rates, added services fees, surcharges or demurrage penalties. Barclays in-turn cut 2023 earnings estimates for Maersk and Zim Integrated Shipping Services.
Congested ports, complicated regulations, less than optimal modal capacity, undesirable taxation regimes, dilapidated roads, and overall operational inefficiencies are constant sources of anxiety within the business community. How is GlobalShipping Growing in India? How to Take Advantage of Increased Shipping in India.
“Intelleflex’s new CMR-6100 cellular reader and data services are a remarkable advancement in condition monitoring of fresh, frozen and packaged foods – as well as pharmaceuticals,” said Jack Sparn, CIO of iGPS, a provider of intelligent, cost-efficient pallet-based shipping solutions and an Intelleflex partner. “In
Freeports are government designated zones usually located around shipping ports and/or airports. Jebel Ali Port is the world’s largest fabricated port, and is serviced by over 100 shipping lines. In this 2022 guide to freeports: What is a freeport? Changi Airport serves over 100 airlines flying to around 100 countries and territories.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content