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Freight Market Data To Assist in Negotiations With Carriers

FreightWaves SONAR

SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. The post Freight Market Data To Assist in Negotiations With Carriers appeared first on SONAR.

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AI, RPA and Analytics Named in 2019 Supply Chain Technology Trends

Logistics Business Magazine

Industry analyst Gartner has named its top 8 supply chain technology trends in 2019. For example, AI can enhance risk mitigation by analysing large sets of data, continuously identifying evolving patterns, and predicting disruptive events along with potential resolutions.”. Advanced Analytics. Autonomous Things.

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Beat your transportation budget this year without sacrificing service

FreightWaves SONAR

The reason they’re doing this is that they lack granular market data on contract and spot rates and prevailing service levels. Let’s look at some data. That’s a deeply negative spread: In all of 2019 and most of 2020, spot rates were only 25 to 50 cents per mile below contract rates.

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Autoliv’s Supply Chain Risk Management Journey

Logistics Viewpoints

By the end of 2019, Autoliv realized that there were new technologies and supply chain risk management providers that could promote a competitive advantage in their risk management program. Implementing the solution involved cleaning up master data and mapping their complete global supply chain. The implementation was not trivial.

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Air Cargo Demand Down 3.3% in January 2020

Airfreight Logistics

The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in cargo tonne kilometers (CTKs), decreased by 3.3% in January 2020, compared to the same period in 2019. Lunar New Year in 2020 was earlier than in 2019. Tough times are ahead. Africa 1.8% Africa 1.8%

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Coronavirus and the Trade War: A Perfect Storm Argument for SMB Supply Chain Diversification

Freightos

Tariffs of course have impacted enterprise US businesses in tangible ways including higher costs to purchase imported goods and reductions in US manufacturing. FBX data shows prices for containerized freight spiked ahead of January 2019 tariffs. . And that’s what the data is showing. So can SMBs pivot in time?

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The History of eCommerce: From the 1960s to the 2020s

Ship Monk

Back in the day, businesses relied on primitive computer networks to conduct electronic transactions through EDI (Electronic Data Interchange), enabling them to share invoices, order forms, and shipping confirmations. In 1994, Netscape developed SSL (Secure Socket Layers), a protocol that increased the safety of internet data transmissions.