Fri.Jul 31, 2020

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FMCSA is listening. Share your views and make a difference 

Overdrive Online

On Aug. 5, you have the opportunity to listen, learn and most importantly submit your concerns directly to the Federal Motor Carrier Safety Administration. Collectively, trucker voices can make a difference.

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5 Innovative Strategies for Logistics Companies to Pave the Way to the New Normal

Food Logistics

To embrace the upside of this New Normal, businesses must address the short term and innovate for the long-term.

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Procurement Methodologies for the Construction Sector

SIPMM Professional Publications

As competition in the construction market intensifies, establishing a procurement department is a key process for creating and managing contacts in construction projects. Purchasing activities cover the entire process from the determination of needs to the end of the project, and can become an ideal model for integrating the strategic direction of the organization.This article […].

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IACMI Receives Funding to Develop Carbon Fiber Fuel Tanks

NGT News

The Institute for Advanced Composites Manufacturing Innovation (IACMI), a consortium of industry, universities, national laboratories, and federal, state and local governments, says it will receive $2.7 million from the U.S. Department of Energy (DOE) to develop and validate technology that will reduce the cost of manufacturing high-performance carbon fiber by 25% to make composite natural […].

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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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Omnichannel Retail Strategy: Not just a Buzzword, But a Business Model | TALKING FREIGHT VIDEO

GlobalTranz

[link] An omnichannel retail strategy is the new norm in today’s supply chains. The days of managing channels on an individual basis are over, and consumers are using multiple devices and e-commerce platforms for nearly all purchases. In fact, 78% of U.S. individuals over the age of 15 at some point use e-commerce platforms to.read More. The post Omnichannel Retail Strategy: Not just a Buzzword, But a Business Model | TALKING FREIGHT VIDEO appeared first on Transportation Management Company | Ce

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FTR’s Shippers Conditions Index falls but still records second-highest reading on record

Logistics Management

May’s SCI reading—at 24.8—was 16.5% lower than April’s 41.3 reading, which the firm said last month may be the peak for the SCI, during what it has called an unprecedented time for freight transportation. But even with the steep sequential decline, FTR said that the May reading trails only April for the highest SCI reading on record, according to FTR.

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BYD Completes Delivery of 10 Battery-Electric Buses

NGT News

BYD, a manufacturer of zero-emission vehicles, has completed the delivery of 10 battery-electric K9S buses to Link Transit in Wenatchee, Wash., a milestone for the company as production ramps up following a temporary plant closure in March due to the COVID-19 pandemic. The final two buses of the order were recently delivered, joining the eight others […].

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8 ways your bill of lading can fail to limit liability

Truck News

Most provinces have enacted their own versions of the “Uniform Bill of Lading”, a model law for truck transportation in Canada. The Uniform Bill of Lading includes a provision that the carrier is presumed liable for any cargo loss or damage, but that those losses will generally be limited to $2 per pound ($4.41 per […].

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U.S. rail carload and intermodal units are down for week ending July 25, reports AAR

Logistics Management

Rail carloads—at 215,171—were down 17.8% annually, and intermodal units—at 266,160—fell 2.4%.

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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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Freight Optimization Capabilities that Drive Success for Your Transportation Strategy

MercuryGate

As the transportation industry continues to evolve, optimization functionality must advance to keep up. When evaluating a transportation optimization solution and its continuing advances, it is important to ensure that the solution is considering emerging transportation trends, technological advancements, and the real-world challenges that businesses face.

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AIUT Integrates Semtech’s LPG Sensors

NGT News

Semtech Corp., a supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, says AIUT Sp. Z o.o. (AIUT), a hardware and software provider specializing in the internet of things (IoT)-based solutions in the oil and gas markets, has integrated Semtech’s LoRa devices and the LoRaWAN protocol into its new line of intelligent sensors for […].

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Francisco Partners Acquires Software Specialist Consignor in €140 Million Deal

Logistics Business Magazine

After 23 years of entrepreneurial ownership by founder and CEO Peter Thomsen, Consignor Group has received backing from Francisco Partners. Consignor Group is a leading Nordic software company with a clear focus on delivery management solutions for the booming e-commerce industry and industrial companies. “Our customers are amongst the world’s most successful e-commerce and industrial companies, each expecting that Consignor can continue to grow and develop to support them with the complexity of

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Logistics Industry AGV Market Prediction, Strategies, Trends and SWOT Analysis 2020-2026

247 Customs Broker

“ Los Angeles, United State, July 2020,– – The Logistics Industry AGV market research report added by QYResearch, is an in-depth analysis of the latest… The post Logistics Industry AGV Market Prediction, Strategies, Trends and SWOT Analysis 2020-2026 appeared first on 24/7 Customs Broker News.

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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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Exporta Launches New Range of Metal Aluminium Pallets from Germany

Logistics Business Magazine

Export a has expanded its offering with the addition of a brand-new range of Aluminium Metal Pallets made in Germany and, says the company, with the level of quality one would expect from a German manufacturer. Most people associate ‘pallets’ as being made from wood and in many cases that is exactly the case. Metal pallets are not so common and so why would anyone need one?

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SAB SENATOR Asia Bridge starts to Changi

247 Customs Broker

Hamburg-based SENATOR INTERNATIONAL’s successful ‘SAB’ service, with its own controlled cargo flights has now been expanded to Asia. The SAB SENATOR Asia Bridge will serve… The post SAB SENATOR Asia Bridge starts to Changi appeared first on 24/7 Customs Broker News.

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This Week in Logistics News (July 25 – 31)

Logistics Viewpoints

As my colleague Clint Reiser pointed out in last week’s news round-up, baseball is back. And while the season will look a lot different than in years past, it is back. At least until it isn’t. Unlike the NHL and NBA which chose to use bubble cities to contain the teams, baseball teams are still traveling for games. And while the league is somewhat limiting travel by only having teams play in their geographic division, […].

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IHS Markit Provides Peak Season Ocean Cargo Supply Chain Advice and Forecast

247 Customs Broker

Editor’s Note: Paul Bingham, Director of Transportation Freight Consulting at IHS Markit, always provides our readers with remarkable insights on the state of ocean carrier… The post IHS Markit Provides Peak Season Ocean Cargo Supply Chain Advice and Forecast appeared first on 24/7 Customs Broker News.

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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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Above the Fold: Supply Chain Logistics News (July 31, 2020)

Talking Logistics

In the past four weeks, I’ve replaced a broken water heater, a broken AC coil, and worn out tires on two cars. Things age, wear out, and break down. I turn 50 this weekend. Boys supposedly stop developing at 18, so despite leading an active life, I’ve been slowly wearing down for 32 years. What. Read more Above the Fold: Supply Chain Logistics News (July 31, 2020).

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US LTL demand recovery continues into mid-summer

247 Customs Broker

[og_img] US less-than-truckload (LTL) carriers are recovering from the drubbing they took in April, regaining freight as businesses reopen and US surface transportation capacity tightens.… The post US LTL demand recovery continues into mid-summer appeared first on 24/7 Customs Broker News.

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6 Steps Your Home Service Company Needs to Take in the Second Half of 2020

WorkWave

Time To Read: 4 minutes. The advent of COVID-19 earlier this year sparked drastic changes in how many companies do business, with an impact that has resonated in nearly every aspect of everyday life for many businesses and their customers. While many things have changed, demand for your services hasn’t. Essential businesses, like lawn care and cleaning companies, have found that demand for their services is high, even—or especially—during a pandemic.

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XPO Reports Net Loss in Q2; Revenue Slides

247 Customs Broker

[Stay on top of transportation news: Get TTNews in your inbox.] XPO Logistics swung to a loss as revenue declined sharply in the second quarter… The post XPO Reports Net Loss in Q2; Revenue Slides appeared first on 24/7 Customs Broker News.

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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How Will Peak Season Logistics Management Evolve During Disruption?

Turvo

The pressure to better manage and evolve peak season logistics before the holidays has never been higher in this era of uncertainty. Meanwhile, uncertainty remains the name of the game in peak season logistics planning. According to Jeff Berman of Logistics Management , “Due to a confluence of COVID-19-driven factors, including reduced consumer demand, lower import levels, heavy job losses, the ongoing United States-China trade war, and overall economic unease, a case can be made that the 2020 p

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5 Takeaways from Rewind's Ecommerce During COVID-19 Ebook

247 Customs Broker

Rewind, with the help of ShipStation, BigCommerce, Privy, and Shogun, has put together an ebook for adapting and surviving the COVID-19 pandemic. Each of these companies has… The post 5 Takeaways from Rewind's Ecommerce During COVID-19 Ebook appeared first on 24/7 Customs Broker News.

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KPIs (Key Performance Indicators) for Supply Chain and Logistics

247 Customs Broker

We get a lot of questions relating to KPIs than anything else on this blog and on our YouTube channel so here are some useful… The post KPIs (Key Performance Indicators) for Supply Chain and Logistics appeared first on 24/7 Customs Broker News.

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This Week in Logistics News (July 25 – 31)

247 Customs Broker

As my colleague Clint Reiser pointed out in last week’s news round-up, baseball is back. And while the season will look a lot different than… The post This Week in Logistics News (July 25 – 31) appeared first on 24/7 Customs Broker News.

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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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USPS outlines borrowing terms for $10 billion loan through the CARES Act

247 Customs Broker

Included within the $2 trillion CARES (Coronavirus Aid, Relief, and Economic Security Act), which was signed into law by President Trump in late March, the United… The post USPS outlines borrowing terms for $10 billion loan through the CARES Act appeared first on 24/7 Customs Broker News.