MTS Logistics

MAY 10, 2024

Port congestion poses significant challenges to global supply chains, maritime trade, and overall economic efficiency. For example, if a vessel is delayed due to adverse weather, port operators can adjust resource allocation accordingly. Regular maintenance prevents unexpected breakdowns and ensures that equipment remains operational.

Supply Chain Software 102

Supply Chain Software Supply Chain Planning Software Optimization Software Automation 102

MTS Logistics

MAY 24, 2024

As industry embraces ongoing innovation, the future holds the promise of a safer and more secure global supply chain. For example, receiving alerts about intentionally or accidentally opening container doors enables quick intervention to prevent damage or loss from environmental exposure.

Security 82

Security Supply Chain Software Expense Reduction Cost Reduction 82

IoT World Today

MAY 21, 2020

Shipping from Asia is delayed by weeks given soft demand for apparel and other products, and some suppliers are turning to the airline industry — with air travel down by 95% — to reduce delays. The maritime industry — 90% of world trade travels by sea — is notoriously manual. Sign up for virtual event updates here. ].

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

Logistics Business Magazine

MARCH 5, 2024

For example, Transporeon data shows that container shipping prices from Asia to Europe have recently spiked by 300%. But geopolitical upheaval is just one of many sources of disruption facing the European maritime transportation sector, with two important legislative changes coming into force.

Maritime 53

Maritime Price Reduction Cost Reduction Supply Chain Planning Software 53

MTS Logistics

JULY 1, 2022

On the other hand, this discount could cause issues, According to Lars Jensen, CEO of liner consultancy Vespucci Maritim, and MoreThanShipping.com contributor. For example, differing postage costs may mean you pay more for delivery in one country than in another. The Question Mark.

Price Reduction 84

Price Reduction Industry Cost Reduction Government 84

MTS Logistics

JANUARY 8, 2024

From Shanghai to Genoa, for example, the weekly change in rate has increased from $1,956/FEU to $4,178/FEU according to Drewry Supply Chain advisors. What comes next for rates and the industry? East Coast traverses via the Suez Canal, many industry experts anticipate much of this volume will be diverted to the U.S.

Supply Chains 74

Supply Chains Maritime Analysis Tips 74

MTS Logistics

MARCH 11, 2024

In the report, it was stated that fluctuating freight markets and interrupted deliveries put global maritime transportation under pressure, and the following statements were made: “Increasing security concerns primarily means higher premiums for the insured. Choosing alternative routes doesn’t really decrease insurance costs much.

Security 99

Security Cost Reduction Maritime Conference 99

Logistics Business Magazine

APRIL 23, 2021

Cyber security services company BlueVoyant has published a new report on cyber security in the logistics industry. The post Cyber security and attacks in the logistics industry appeared first on Logistics Business® Magazine. These systems make the supply chain and logistics sector incredibly vulnerable to cyberattacks.

Security 36

Security Supply Chain Software Industry Logistics Network Optimization Software 36

Now, That's Logistics

MARCH 30, 2021

In late-January, Maritime Executive and other media outlets said that new analysis by Container xChange reveals a “positive trend in availability,” and that the container leasing platform was expecting Chinese New Year to be a turning point in the persistent container shortage. “An An index of 0.5

Trends 148

Trends Supply Chain Planning Software Scenario Planning Logistics Network Optimization Software 148

Material Handling and Logistics

JANUARY 8, 2018

In 2017 losses incurred from catastrophes such as hurricanes, wildfires, and earthquakes could make it one of the costliest years in history for the property insurance industry, Savitsky noted. Hurricane Maria, which slammed into Puerto Rico on September 20, 2017, is a prime example of a catastrophe that reverberates through supply chains.

Supply Chains 142

Supply Chains Cost Reduction Examples Events 142

Logistics Viewpoints

APRIL 19, 2024

The April 5 incident is one of hundreds in which massive cargo ships lost propulsion, many near bridges and ports, according to a Washington Post analysis of Coast Guard records. The ship dropped anchor just upstream from the even busier Verrazzano-Narrows Bridge, which carries about 200,000 vehicles per day.

Logistics Network Optimization Software 129

Logistics Network Optimization Software Logistics Procurement Analytics Purchasing Skills 129

MTS Logistics

JULY 5, 2023

In London this week, the International Maritime Organization (IMO) has been meeting to discuss progress on reducing greenhouse gas emissions through pollution-reducing policies in ocean shipping and to set new goals for the future. While large economies like the U.S. are pushing for much tighter rules, other countries are skeptical.

Maritime 84

Maritime Meeting Government Efficiency 84

Logistics Business Magazine

OCTOBER 19, 2023

The end of project report released today by the Decarbonising UK Freight Transport (DUKFT) Network, suggest several ways to overcome the chicken-and-egg problems associated with decarbonising road, rail and maritime freight transport.

Modeling Software 49

Modeling Software Freight Transportation Cost Reduction 49

Freightos

DECEMBER 6, 2023

Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Transpacific ocean rates were level to close November and about even with the start of the month, with prices to the West Coast 22% higher than in 2019 and East Coast rates 9% below the 2019 mark.

Negotiating Skills 95

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 95

MTS Logistics

DECEMBER 9, 2022

While a shortage of shipping containers, yes, the physical containers themselves, was a major issue during the COVID-19 pandemic, the industry now faces a new problem. Roeloffs is the chief executive of Container xChange, and online data resource for the shipping industry. Too many shipping containers. The Situation.

Inventory Reduction 81

Inventory Reduction Resource Reduction Disposal Analysis 81

MTS Logistics

MARCH 24, 2023

Some new IMO regulations in the shipping industry went into effect earlier this year. January 1st, 2023 marked the starting date of some new regulations drafted by the International Maritime Organization (IMO), a branch of NATO, to significantly reduce carbon emissions by large oceanic shipping vessels over time.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 75

MTS Logistics

DECEMBER 27, 2023

For example, on December 26th, a Mediterranean Shipping Company (MSC) vessel MSC United VIII was attacked en route from Saudi Arabia to Karachi, Pakistan. ” What would shippers have done without Operation Prosperity Guardian in place? Despite military operations against the Houthis, threats remain.

Security 86

Security Operations Military Maritime 86

MTS Logistics

DECEMBER 29, 2023

An example from the recent past is that in March 2021, the 400-meter-long and 59-meter-wide giant ship Evergiven , was stuck in the canal disrupting two-way navigation traffic for 6 days. It seems that we will continue to witness the reflections of all these processes on maritime transportation and their effects on the supply chain soon.

Military 63

Military Security Maritime Supply Chains 63

MTS Logistics

DECEMBER 15, 2023

These investments include industrial projects in power plants, refineries, and manufacturing facilities. These growing demands are the driving force behind the technological advancements being seen in the logistics and transportation industry. This has been seen with AI, robotics, and specialized software.

Trends 78

Trends Cargo Supply Chain Software Logistics Network Optimization Software 78

MTS Logistics

JANUARY 31, 2024

Wind power, for example, requires favorable wind conditions to generate enough energy for power. Is green ammonia the answer for the shipping industry? Another study has now found that green ammonia could replace these alternative fuels and become a leading green fuel source for the shipping industry.

Modeling Software 83

Modeling Software Study Supply Chain Software Sourcing 83

Shipping and Freight Resource

DECEMBER 9, 2021

Executive Insights is a series by Shipping and Freight Resource that provides useful insights and thoughtful analysis on what is happening in the maritime, shipping, freight, logistics, supply chain and trade industries. Executive Insights is your chance to pick the brains of industry veterans, leaders, and enablers.

Data 90

Data Supply Chain Planning Software Supply Chain Software Digital 90

MTS Logistics

MAY 3, 2023

Automation and standardized processes can make cargo handling more efficient, but it’s the skill and experience of industry professionals that enable them to create custom solutions for each unique cargo. Below is a real-world example of the need for human involvement in logistics.

Negotiating Skills 90

Negotiating Skills Buyer Training Logistics Network Optimization Software Supply Chain Software 90

MTS Logistics

FEBRUARY 26, 2024

I have the opportunity to work with the best in the logistics industry, having been on both the Carrier and NVOCC sides of the business. More Capacity and Cost Reduction A freight forwarder can develop several relationships and partnerships with all the carriers in the industry.

Freight forwarding 88

Freight forwarding Negotiating Skills Freight Negotiate Pricing 88

MTS Logistics

JULY 21, 2023

The global shipping industry heavily relies on accurate and timely documentation, such as the Bill of Lading (BOL), to transport an astounding 11 billion tons of cargo annually. According to a 2020 analysis by the Insurance Information Institute, these disruptions cost firms an average of $1.45 Statistics and Examples 1.

Cost Reduction 65

Cost Reduction Document Expense Reduction Supply Chains 65

ShipLilly

MARCH 3, 2021

Federal Maritime Regulators intervened, demanding that marine terminal operators and container lines explain how they are assessing detention and demurrage. Rebecca Dye is the Federal Maritime Commissioner (FMC) and has led an investigation and fact-finding exercise concerning the management of detention and demurrage.

Ordering 52

Ordering Supply Chain Design Software Exercises Maritime 52

MTS Logistics

APRIL 3, 2023

The shipping industry is essential to the global economy, responsible for the transportation of goods between countries. The effects of inflation on the shipping industry were seen in several areas: higher fuel, increased transportation, labor and equipment costs. And, the effects are not limited to those areas.

Inventory Reduction 93

Inventory Reduction Cost Reduction Price Reduction Supply Chains 93

MTS Logistics

JANUARY 24, 2024

For example, tankers that transport LNG around the world for use in multiple applications are forced to take larger routes to the risks of Houthi attacks in the Red Sea. In general, the oil and gas industry has not since large price increases as a result of the shipping issues.

Security 71

Security Examples Transportation Meeting 71

Freightos

JUNE 6, 2016

Is The Freight Industry Ready For SOLAS? Analysis: How Bad Is It? For example, in France a full 70% of FCL quotes include weights, but in the Netherlands it’s only 20%. Cathy Roberson thinks this has a lot to do with the industrial situation. There is also a marked range between countries.

Industry 51

Industry Freight Cost Reduction Logistics Network Optimization Software 51

Logistics Business Magazine

MAY 31, 2023

Shipping transports around 90% of world trade onboard different vessels so maritime safety is critical. Fire safety and the problem of mis-declaration of hazardous cargo must be fixed if the industry is to benefit from the efficiency of ever- larger vessels. Inflation is pushing up the cost of hull, machinery and cargo claims.

Expense Reduction 48

Expense Reduction Supply Chain Design Software Cost Reduction Price Reduction 48

MTS Logistics

OCTOBER 4, 2023

For example, the New York Times is out with a new article on wind energy and how it can help shipping in the near future as climate change becomes a major focus. Could wind power help power tomorrow’s shipping vessels as shippers look to become more environmentally-friendly?

Definition 79

Definition Article Cost Reduction Events 79

MTS Logistics

AUGUST 21, 2023

Drawing from industry insights and the pulse of current trends, let’s explore the intricate tapestry of what the remainder of the year and beyond might unfold. Example: Consider the Suez Canal obstruction. Recognizing the unique intricacies of each project, tailored logistics solutions are becoming the industry standard.

Freight forwarding 74

Freight forwarding Cargo Freight Optimization Software 74

MTS Logistics

MARCH 3, 2023

Shipping executives and industry leaders alike already know the importance of reducing emissions in the shipping industry and the need for green initiatives, as they look to protect the environment and meet customer demand for cleaner shipping. For example, just this month, large U.S. Now, the private sector is being targeted.

Trends 78

Trends Supply Chain Design Software Price Reduction Supply Chain Software 78

MTS Logistics

FEBRUARY 1, 2023

One of the examples of this that positively affects world trade is the National Transport and Logistics Strategy announced by Saudi Arabia about two years ago. It’s well-known that the growth and development strategies of countries either develop or complicate the commercial activities of the companies operating in that region.

Logistics Network Optimization Software 83

Logistics Network Optimization Software Strategy Modeling Software Examples 83

MTS Logistics

JUNE 22, 2022

High tariffs or duties on selected goods may stimulate domestic trade and economies by enabling local businesses and industries to compete with foreign price disparities. Based on past global behaviors, these are just a few examples of the general consensus among analysts, but the past isn’t always indicative of the future.

Definition 80

Definition Examples Supply Chains Training 80

MTS Logistics

OCTOBER 12, 2022

MTS Logistics went above and beyond to make the strongest impact possible in the shipping industry by not just cleaning up the trash on the beach, but more importantly, educating tomorrow’s leaders. We also showed participants a real-life example of someone who is demonstratively making a key difference in the future of the environment.

Training 78

Training Logistics Network Optimization Software Events Supply Chain Software 78

The Logistics Academy

JULY 26, 2017

This approach includes a dedicated Industry Transformation Map for the logistics sector, which accounts for 7.7% The Industry Transformation Map (ITM) will help Singaporean logistics keep its competitive edge in this rapidly evolving context, and aims to achieve a value-added of S$8.3billion (US$6 billion) by 2020.

Sourcing Strategies 60

Sourcing Strategies Resource Reduction Logistics Network Optimization Software Supply Chain Software 60

MTS Logistics

MARCH 9, 2022

For example, it’s now clear that Russia will not take Ukraine easily – or maybe at all. And, that uncertainty is compounding all of the uncertainty the industry already faced as a result of the Covid pandemic, price hikes, and supply chain backlogs. For example, some critics argue that one of the main reasons the U.S.

Supply Chain Software 85

Supply Chain Software Price Reduction Supply Chains Sourcing Strategies 85