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Top 5 trends of 2024: AI in freight procurement and beyond

Shipsta

The once-traditional freight procurement function is now facing a tsunami of unprecedented change. To embrace this upheaval, businesses must discard clunky, old-school manual processes. And in its stead, embrace artificial intelligence (AI) platforms that automate freight procurement workflows and extract information to drive smarter decisions.

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Smart Chains, Mixed Signals: Decoding AI’s Role in Supply Management

Talking Logistics

Modern supply chains today must be intelligent, data-driven, and employ every advanced digital tool and automation application under the sun. At least that’s what today’s business pundits evangelize. But how? Artificial Intelligence (AI), particularly Generative AI, has created a multi-decibel buzz that is unclear, disruptive, inspiring, and annoying all at once.

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Getting Good Shipper Freight with Ed Burns

The Logistics of Logistics

Ed Burns and Joe Lynch discuss getting good shipper freight. Ed is the CEO of Burns Logistics , a transportation sales agency that connects shippers and carriers in a way that helps both to achieve their goals. About Ed Burns Ed Burns loves to connect people. It’s amazing what can happen when good people come together. He asks big questions in the hope of finding big answers.

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Empowering Seamless Collaboration: RouteManager’s New ‘Filtered Guest’ Feature

WorkWave

In the world of logistics management, collaboration is essential for success. RouteManager understands the diverse needs of its customers who work with multiple clients and companies. To address the challenge of providing selective access to order information, RouteManager is proud to introduce its innovative Filtered Guest feature. Understanding the Need Many RouteManager customers serve various clients and companies, each with unique order requirements.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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Transparency & Candor: Meet Three New Supply Chain Leaders Up Close

Stord

Like many companies, Stord recently completed its annual performance review cycle for all employees, with a number of team members earning promotions. Unlike many companies however, we are writing a blog post about it…but why? Well, Stord has six core values (which you can see here ), and one of them is Transparency and Candor. This shows up internally as a collaborative work environment for sharing feedback and opinions.

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Ice Pick Bandit strikes again: Will feds step up investigation?

Overdrive Online

After yet another truck gets its tires stabbed up and some air lines cut, we asked law enforcement what exactly is being done to stop this criminal (or criminals). Though silence can be deafening, officials should be motivated to act. Here's why.

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Editor’s Pick: Reduce The Risk of Freight Fraud

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This recent post from Transporeon’s blog highlights the growing problem of freight fraud in the industry. Picture the scene.

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Watch: Lessons in Marketing From a Veteran Supply Chain Practitioner

Supply Chain Brain

Sherry Harriman, former SVP of logistics and supply chain with Academy Sports + Outdoors, tells how she prefers to be approached by supply chain marketers — and the tactics that don’t work.

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The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. More Resources Home The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization Eytan Buchman April 15, 2024 Dive deeper into freight data that matters Learn More The March 26th Francis Scott Key Bridge allision feels shocking.

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Artificial Intelligence and the Transportation Industry

Artificial intelligence has quickly become a feature of everyday life: Using face ID to unlock a phone, communicating with online chatbots, and letting “smart” appliances help manage our homes are just a few of the ways that we interact with AI regularly. Forward-looking businesses are also using AI to transform their operations and gain a competitive edge.

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RIZON Class 4-5 Electric Vehicles Travel North, Enter Canadian Truck Market

NGT News

RIZON, Daimler Truck’s newest brand of all-electric vehicles, has entered the Canadian market with its Class 4-5 vehicles. The RIZON brand will be presented in Canada for the first time at Truck World in Toronto from April 18-20 and will be available to Canadian customers for the first time with preorders set to begin in […] The post RIZON Class 4-5 Electric Vehicles Travel North, Enter Canadian Truck Market appeared first on NGT News.

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April 2024 Freight Market Update

Trinity Logistics

Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. FRANCIS SCOTT KEY BRIDGE IMPACT Watching the video of the bridge collapse was surreal. To have that structure there one minute, then five seconds later be completely gone, was jaw-dropping. Certainly, our thoughts and prayers are with those whose lives were impacted by the collapse.

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Above the Fold: Supply Chain Logistics News (April 12, 2024)

Talking Logistics

April showers bring May flowers. If it rains any more, though, we’ll be drowning in daisies soon. “The sun’ll come out tomorrow,” Annie promises. I hope she’s right because I’m betting my bottom dollar on it. — While it rains outside, here’s the supply chain and logistics news that caught my attention this week: Necessity. Read more The post Above the Fold: Supply Chain Logistics News (April 12, 2024) appeared first on Talking Logistics with Adrian Gonzalez.

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Driving Tech Adoption for Supply Chain Visibility and Sustainability

Supply Chain Brain

As the backbone of global trade and commerce, transportation and logistics companies are under increasing pressure to enhance efficiency, reduce costs and meet sustainability goals.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Waupun Truck-N-Show ending after 35 years

Overdrive Online

The annual event in Waupun, Wisconsin, to be held Aug. 9-10 this year, will be the final iteration of one of the longest-running truck shows in the country.

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ChargePilot Will Manage CTtransit Electric Buses at Three Connecticut Sites

NGT News

Connecticut public transit provider CTtransit has selected The Mobility House to manage the charging of its electric buses at three sites statewide. ChargePilot will avoid peak TOU (time of use) rates by automatically choosing the lowest cost time to charge while ensuring availability for scheduled departures — minimizing the overall costs of charging its fleets. […] The post ChargePilot Will Manage CTtransit Electric Buses at Three Connecticut Sites appeared first on NGT News.

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Why This Year’s Contract Negotiation Season is Different for Transpacific Eastbound Traffic

MTS Logistics

In Transpacific Eastbound traffic, we are experiencing an unusual period. Traditionally, up until now, rates for the next contract season, which usually runs from May to May, would have been finalized with a hard stop by the end of April or mid-May. This means you wouldn’t be able to negotiate a contract after this date. Of course, each contract is different but usually, this has been the norm for the greater population.

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Above the Fold: Supply Chain Logistics News (April 19, 2024)

Talking Logistics

The Red Sox have the best Earned Run Average (ERA) in the Major Leagues so far this year. They’re #1 out of 30 teams. Yet, they are in last place in their division. How is that possible? Well, pitching can only take you so far. The team ranks last in the Majors in defense (as. Read more The post Above the Fold: Supply Chain Logistics News (April 19, 2024) appeared first on Talking Logistics with Adrian Gonzalez.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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Supply Chains Not Likely to Return to Pre-Pandemic Stability in 2024

Supply Chain Brain

Several geopolitical factors have slowed the post-pandemic recovery process so far in 2024, but there have been "positive signs" over the last year, too.

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How Early Exposure and Education will Inspire the Next Generation of Trucking Professionals

Women in Trucking

Mrs. Trisha Peach teaches a career unit for her fifth and sixth grade students at New London’s Intermediate/Middle School in central Wisconsin. She wanted the trucking industry represented, as many of her students were interested in becoming professional drivers.She knew that trucking was a significant industry in the area and employed many local families.

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First Electric Vehicles Join MTA’s Paratransit Fleet

NGT News

New York City’s Metropolitan Transportation Authority (MTA) has unveiled the first electric vehicles to join the Access-A-Ride paratransit fleet. The pilot, which includes 15 electric vans and costs approximately $3 million, has begun making trips throughout the five city boroughs. “Just in time for Earth Day, Paratransit is getting greener in another example of our […] The post First Electric Vehicles Join MTA’s Paratransit Fleet appeared first on NGT News.

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FMCSA working to update registration system

Overdrive Online

Latest step in the agency's "clean up the bad actors" effort with a new entity registration system: approval sought from the White House OMB to implement a new "FMCSA Registration System (FRS)" to replace the Unified Registration System.

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Mastering Order Management: Backorders & Out-of-Stock Inventory

The unfortunate truth is that you will always have low stock and backorder issues with your supply chain. But that doesn’t mean you can’t be prepared to handle them. This brief video explores some of the primary drivers of inventory issues – and how modern technology and best practices can mitigate these issues and ensure a superb customer experience.

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Happening Now: Employee sentiment rebounds

West Coast and California Logistics

According to an article in Supply Chain Dive , a new report shows that workers are less likely to leave their positions in the next 6 months. This report from Eagle Hill Consulting also shows that employee sentiment improved during Q1 2024 after declining in the last three quarters of 2023.

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Air Canada Staff Are Suspects in Heist of 6,600 Gold Bars

Supply Chain Brain

In October, Brink’s sued Air Canada , accusing the country’s largest airline of “negligence and carelessness.” Air Canada rejected the allegations.

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How Transportation and Logistics Companies like UPS Stay Ahead with Dynamic Transportation Management Software

Loginext

UPS harnesses advanced transportation management software to streamline operations and stay competitive in the global market. This technology reduces costs, enhances operational visibility, and improves customer service, setting new standards for logistics excellence. By continually optimizing their supply chain management, UPS not only meets but exceeds customer expectations, ensuring efficient and reliable delivery across over 200 countries and territories, solidifying their position as a lead

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Double-Deck Electric Buses Ready to Roll in Limerick

NGT News

Limerick’s city bus service, operated by Bus Éireann, is set to become Ireland’s first fully electric regional city bus service, as part of a 54-million-euro investment by the National Transport Authority (NTA). The new service is to be officially launched April 12 by Minister for Transport Eamon Ryan at Limerick’s Colbert Station. As part of […] The post Double-Deck Electric Buses Ready to Roll in Limerick appeared first on NGT News.

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Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations? The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. Discover how these strategies can boost your enterprise's financial health, helping not only to keep up but to excel in today's market.

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Fog-blind trucker hits concrete barrier: Preventable?

Overdrive Online

2 a.m., and truck driver John Doe was in rain, fog on a tight two-lane highway bounded by concrete barriers. An oncoming truck blinded Doe with high beams, then swerved into his lane. Doe missed the truck, but not the barrier to his right. Preventable?

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How to Protect Your Customers & Brand from Ecommerce Fraud

Ship Monk

Ecommerce fraud is big business for cyber criminals, and a big problem for ecommerce businesses. In 2023 alone, ecommerce fraud (a.k.a. payment fraud) cost online merchants an estimated $38 billion in losses — a figure that doesn’t include the negative effects on customer loyalty and the brand’s reputation. The good news is that fraud management tactics and tools are making it easier to prevent, catch, and combat ecommerce fraud.

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The Imperative for Responsible AI Integration in Manufacturing

Supply Chain Brain

Leaders should pave the way for a smoother transition into the digital future by focusing on effective communication, dedication to education, and awareness of employee needs.

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