Thu.Apr 18, 2024

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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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How AI Transforms Trade Classification and Compliance

Supply Chain Brain

The trading world is a perfect candidate for artificial intelligence-based tools and capabilities, to enhance the quality and productivity of classification and compliance.

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Trending Sources

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Solaris Delivers Estonia’s First Battery-Powered Buses to Nation’s Capital

NGT News

Solaris Bus & Coach has delivered 15 Urbino electric buses to the largest Estonian public transport operator, Aktsiaselts Tallinna Linnatransport (TLT), which provides transport services in Tallinn, the capital of Estonia. The contract value, including delivery of buses and charging infrastructure, exceeds 10 million euros. A few months ago, representatives of the Tallinn government and […] The post Solaris Delivers Estonia’s First Battery-Powered Buses to Nation’s Capital appear

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Scope 3 Emissions Reporting: Under the Spotlight for All Businesses

Supply Chain Brain

Emissions reduction isn't only a business imperative — it's an environmental necessity. Scope 3 reporting motivates the business world to generate impactful change.

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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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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Which is the Best: UPS vs FedEx – A Detailed Comparison

Loginext

Choosing between FedEx and UPS for parcel delivery involves complex decisions. LogiNext's logistics management software revolutionizes this process by enabling businesses to switch carriers based on real-time analytics and performance data. This adaptability ensures the most cost-effective and efficient delivery choices, tailored to specific business needs and customer preferences.

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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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Sustainability Report: Top 10 Food and Beverage Service Providers

Loginext

This article ranks the top 10 food and beverage service providers leading the way in sustainability. From reducing plastic waste to implementing energy-efficient practices, these companies are setting benchmarks in environmental stewardship. The report delves into each company’s specific initiatives, such as sourcing renewable energy, utilizing biodegradable packaging, etc.

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Podcast | Thinking Beyond Cost: New Executive Priorities for Supply Chains

Supply Chain Brain

When it comes to setting priorities for managing the modern-day supply chain, executives can’t have it all.

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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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A Guide to Safe Chemical Trucking

West Coast and California Logistics

Hazardous materials barreling down the highway in an 80,000-pound tractor trailer – what can go wrong? Unfortunately, a lot can.

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Geely to Sell $1.32 Billion of Volvo Truck Shares

Supply Chain Brain

Geely said the divestment is “in accordance with its long-term strategy” and that it will remain Volvo’s second-largest investor.

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The Golden Handcuffs and the Key to Unlocking Success for Brokerages

FreightWaves SONAR

Most floor brokers land in the industry almost by accident. It’s rare that anyone ever says, “I want to be a freight broker when I grow up”…it either happens by referral from a friend or a random job posting. But once you enter the industry, it is nearly impossible to leave. Brokers are typically paid low salaries with very high commission potential.

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Illinois-based hauler's beautifully-rebuilt 1990 Kenworth W900L

Overdrive Online

After the truck was retired about three years ago, owner Joel Anker had it rebuilt into a show truck. The hard work paid off, with a fifth-place finish in the Limited Mileage -- Bobtail with Miles class at MATS in March.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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How to Anticipate Supply Chain Issues

Logistics Business Magazine

Every industry, from retail to construction, relies on its supply chain for processes and operations to be successful. But with so many moving parts throughout, challenges arising can have a huge impact on the flow of deliveries. This is why it’s important to identify challenges before they grow into a much larger issue. Wincanton , experts in infrastructure logistics, have provided insight into how to anticipate issues within the supply chain.

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Mullen Produces 500th Commercial Electric Vehicle at Facility in Mississippi

NGT News

Mullen Automotive Inc., an emerging electric vehicle manufacturer, has achieved a manufacturing milestone with the 500th commercial vehicle produced at its Tunica, Mississippi, commercial EV manufacturing and assembly facility recently. Additional recent company highlights include: “We have increased requests for our vehicles internationally, and as result, we plan to launch an expansion into Europe next […] The post Mullen Produces 500th Commercial Electric Vehicle at Facility in Mississi

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Powerful Motor Driven Roller Launched

Logistics Business Magazine

Less complexity, fewer variants, more efficiency, more power and simpler, faster commissioning, and maintenance. Lenze is driving the future of conveyance with a revolutionary new magnetic motor driven roller (MDR) to support intralogistics customers. The o450 MDR will integrate directly into existing conveyor systems and deliver an output of 115 watts, making it more than twice as powerful as comparable systems on the market.

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Funding Bolsters Verne’s Plan for HD Vehicles to Store Hydrogen on Board

NGT News

Hydrogen storage system developer Verne will receive new funding that should enable it to accelerate development of its cryo-compressed hydrogen (CcH2) technology for on-board hydrogen storage for heavy-duty vehicles. A strategic fundraising was led by Trucks Venture Capital with participation from existing investors Collaborative Fund and Amazon’s Climate Pledge Fund, and new investors United Airlines […] The post Funding Bolsters Verne’s Plan for HD Vehicles to Store Hydrogen on Board ap

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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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Boeing Sharply Criticized at Two Senate Committee Hearings

Supply Chain Brain

One witness said there was a disconnect between Boeing management's words about safety and what workers observe on the factory floor.

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Navistar Authorizes Over 100 Electric Vehicle Dealers

NGT News

Navistar Inc. has achieved a dealer authorization milestone with more than 100 dealer locations ready to guide fleets through their electric vehicle journey. With other EV-authorized dealers in process, Navistar will have more than 30% of its dealer locations ready to support the sale and service of both International and IC Bus EVs. These dealers […] The post Navistar Authorizes Over 100 Electric Vehicle Dealers appeared first on NGT News.

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Lineage Logistics Rebrands to Lineage

Food Logistics

Lineage Logistics officially rebranded, changing its name from Lineage Logistics to Lineage.

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Alaska Air Profit Forecast Signals Rebound From Max Woes

Supply Chain Brain

Alaska shares gained 5% in New York after earlier rising as much as 7.1%, the most in more than two years.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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Drinks Digital Benefits with CloudSuite Industrial

Logistics Business Magazine

Inforlogic has announced that Northern Ireland-based soft drinks manufacturer, Norbev, has selected Infor CloudSuite Industrial. The platform will support an organisation-wide digital transformation strategy at the beverage leader, bringing modern, cloud-based ERP capabilities from which to extend process automation and capitalise on both business intelligence (BI) and artificial intelligence (AI).

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Bellwether Logistics Company J.B. Hunt Sees Dip in Profit, Revenue in Q1 2024

Supply Chain Brain

The company posted a $127.5 million profit in the opening months of the year, down from nearly $200 million in Q1 of 2023.

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Accelerating AI Adoption for Fleet Management

Penske Move Ahead

Since artificial intelligence (AI) went mainstream, executives across industries have sought to understand how the technology can help transform operations, drive efficiencies, automate repetitive tasks, bridge talent gaps, uncover new insights and everything in between. With the need for efficiency at the core of transportation, AI presents the opportunity to revolutionize the industry.

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Penske Introduces Catalyst AI™

Penske Move Ahead

Revolutionizing Fleet Management with Real-Time Fleet Comparisons Penske unveils Catalyst AI™ – an industry first AI platform set to revolutionize fleet management with instant access to actionable insights that optimize fleet performance. With 77% of transportation professionals relying on aggregated industry benchmarks to determine fleet performance, Catalyst AI™ addresses the need for real-time evaluation tools.

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How to Conduct Workplace Incident Investigations to Create Safer Workplaces

This white paper provides a comprehensive overview of global workplace incident trends, focusing on the top three biases leading to such incidents. It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.