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 53

Modeling Software Freight Transportation Cost Reduction 53

MTS Logistics

AUGUST 25, 2023

Changes in trade agreements and geopolitical unrest These may have an impact on shipping lanes, rules, and tariffs, which may have an impact on business operations and profitability. It will be necessary to employ adaptation strategies to lessen these effects. What are some other considerations that will affect the future of shipping?

Supply Chain Software 75

Supply Chain Software Supply Chain Planning Software Industry Waste Reduction 75

Logistics Business Magazine

SEPTEMBER 19, 2023

Maersk has been ordering vessels that can be operated on bio/e-methanol. CMA CGM has been ordering LNG-propelled vessels, that can also be operated on bio/e-methane, the new green equivalent of current LNG, and has also placed orders for vessels that can be operated on bio/e-methanol.

Maritime 60

Maritime Collaboration Logistics Network Optimization Software Security 60

MTS Logistics

DECEMBER 18, 2023

As we approach the conclusion of 2023, the maritime shipping industry faces challenges that have impacted ocean carriers with declined profits and increased price-driven competition. Carriers may adopt strategies like slow steaming and blank sailings to manage capacity.

Negotiating Skills 99

Negotiating Skills Price Reduction Industry Sourcing Strategies 99

Shipping and Freight Resource

APRIL 14, 2021

project44’s ongoing post-incident analysis provides the maritime shipping industry stakeholders with a clearer understanding of the incident, providing the analytical tools to create more robust supply chains in the future. ” days (up from 1.09 days in March 2020); Shenzhen — Hamburg, where median delays last month were 9.23

Supply Chain Software 92

Supply Chain Software Resource Reduction Logistics Network Optimization Software Cost Reduction 92

Shipping and Freight Resource

OCTOBER 5, 2021

Potential stakeholders include donors, regional maritime technology cooperation centres, various decarbonization R&D centres, Global Industry Alliances, financial institutions, and more. The foundation Project will undertake regional and global consultation workshops to design the key elements and framework of the global programme.

Resource Reduction 61

Resource Reduction Cost Reduction Workshop Maritime 61

Logistics Business Magazine

SEPTEMBER 20, 2021

The maritime transport industry is responsible for around 3% of anthropogenic greenhouse gases (GHG) emitted globally, releasing around 1,076 million tons of CO2 into our atmosphere every year. PortXchange has already acted on all three commitments: Preparing an annual footprint analysis. PortXchange Products B.V. ,

Material Savings 56

Material Savings Optimization Software Logistics Network Optimization Software Maritime 56

MTS Logistics

FEBRUARY 21, 2022

In the wake of the industrial digitalization strategy, key actors have adopted and implemented such solutions that aim to upgrade conventional freight containers with onboard tracking and monitoring capabilities, security devices, and other multiple sensors, eliminating inefficiencies. support tools. installed with sensors.

Supply Chain Design Software 83

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Optimization Software 83

MTS Logistics

JULY 21, 2023

According to a 2020 analysis by the Insurance Information Institute, these disruptions cost firms an average of $1.45 This includes costs associated with lost sales, increased operational expenses, and reputational damage. million per event. Cargo Theft: In the U.S., cargo theft incidents continue to be a significant concern.

Cost Reduction 65

Cost Reduction Document Expense Reduction Supply Chains 65

MTS Logistics

FEBRUARY 1, 2023

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. 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.

Logistics Network Optimization Software 84

Logistics Network Optimization Software Strategy Modeling Software Examples 84

MTS Logistics

FEBRUARY 21, 2024

Dynamic Political and Legal Environment Political and legal disparities and tensions between countries can impede logistics operations. Companies must be attentive to cultural nuances in product design, packaging, and overall strategy to avoid economic challenges arising from difficulties in breaking cultural taboos and rules.

Expense Reduction 79

Expense Reduction Resource Reduction Cost Reduction Transportation 79

FreightWaves SONAR

JANUARY 5, 2021

Control over trucking freight rating remains a blip for many carriers, particularly owner-operators and those trying to manage the chaos of a pandemic-stressed industry. According to Maritime Executive , “Eight international carriers split into three different alliances control 80% of the market today. Download the White Paper.

Data 88

Data Price Reduction Freight Resource Reduction 88

Logistics Business Magazine

MAY 31, 2023

Shipping transports around 90% of world trade onboard different vessels so maritime safety is critical. Economic pressures could put vital investments in companies’ strategies, as well as in other safety initiatives, in jeopardy.” During 2022, 38 total losses of vessels were reported globally, compared with 59 a year earlier.

Expense Reduction 52

Expense Reduction Supply Chain Design Software Cost Reduction Price Reduction 52

MTS Logistics

FEBRUARY 17, 2023

The move is being pursued as part of the shipping company major’s future growth strategy, which has earmarked $11.3 are also one of the potential routes to operate the new ships. billion for future investments. These include the expansion of eco-friendly ships from the current total of 820,000 TEUs to a target total of 1.2

Ordering 80

Ordering Strategy Industry Operations 80

MTS Logistics

FEBRUARY 6, 2023

Uncertainty and volatility: both events caused businesses to reconsider their contingency plans, strategies, and priorities. The Breakdown The shipping industry is complex and subject to many economic and geopolitical factors that can impact supply and demand, and ultimately, shipping rates.

Cost Reduction 80

Cost Reduction Sourcing Strategies Manufacturing Procurement Events 80

Logistics Viewpoints

AUGUST 11, 2023

It’s taking semiconductor firms more than twice as long as their peers in other industries to hire personnel such as technicians or mechanical engineers, with the typical process stretching to about three months, according to an analysis of the top 50 chip producers in the US by Revelio Labs, a labor-market data analyst. FedEx, the U.S.

Negotiating Skills 108

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Material Savings 108

The Logistics of Logistics

OCTOBER 24, 2022

Lauren is maritime industry expert & lawyer who specializes in translating FMC regulations and breaking down supply chain silos. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC and The Maritime Professor. About Squall Strategies. About The Maritime Professor.

Maritime 272

Maritime Supply Chains Strategy Logistics Network Optimization Software 272

MTS Logistics

APRIL 11, 2022

Maersk made the announcement last week, seeking to expand into more well-rounded logistics operations as customers require more integrated logistics solutions amid the challenges they are experiencing. Maersk Air Cargo is leading a new frontier in logistics where ocean carriers are involved in air cargo, too.

Cargo 78

Cargo Supply Chains Logistics Network Optimization Software Strategy 78

MTS Logistics

DECEMBER 22, 2021

With the closure of ports, negative consequences in maritime shipping are experienced more frequently. Although weather conditions cannot be controlled, it’s imperative that businesses have systems and strategies for tracking potential disruptions and preemptively addressing them. Weather Forecasting.

Supply Chain Planning Software 81

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 81

MTS Logistics

NOVEMBER 27, 2023

People don’t agree on what will happen to prices and the number of products being shipped, and different companies are using different strategies to handle these uncertainties. However, challenges persist for logistics companies operating in the areas of water, road, and air freight.

Price Reduction 81

Price Reduction Inventory Reduction Cost Reduction Industry 81

Shipping and Freight Resource

MAY 18, 2021

A project44 analysis of the schedules of various shipping lines indicates that cargo delays could last well into the summer with several blank sailings seen in the schedules. With maxed-out vessels skipping more ports, project44 is warning shippers to adopt proactive supply chain strategies that anticipate delays.

Resource Reduction 64

Resource Reduction Price Reduction Supply Chains Analysis 64

MTS Logistics

APRIL 12, 2023

A unique and visionary strategy adopted by Saudi Arabia with 2030 vision where the country is diversifying the economy away from dependence on oil and gas, Saudi Arabia is investing in industries such as tourism, entertainment, renewable energy, and advanced manufacturing to create new sources of revenue.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Government Buyer Training 83

MTS Logistics

MAY 6, 2022

In addition, data collection will help with forecasting future operations, uncovering inefficiencies, and developing strategies to have better performance. Embracing technology that creates smart containers will play a vital role in the shipping industry in the following years.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Supply Chains Tracking and Tracing 84

MTS Logistics

APRIL 3, 2023

However, with demand now lower-than-anticipated, warehouses are operating at reduced capacity, leading to higher warehouse rates. Overcoming Inflation in the Shipping Industry: Consolidation and LCL Shipping To overcome the effects of inflation, companies can adopt some strategies to reduce their costs.

Inventory Reduction 95

Inventory Reduction Cost Reduction Price Reduction Supply Chains 95

MTS Logistics

DECEMBER 12, 2022

Inflationary trends are affecting the world economy and directly affect supply chain and delivery operations. Businesses need to look ahead and focus on final delivery operations to increase efficiency and reduce costs. Increasing Supply Chain and Delivery Costs. trucking market is finally softening.

Supply Chain Software 84

Supply Chain Software Supply Chains Trends Cost Reduction 84

MTS Logistics

NOVEMBER 15, 2021

We will build strategies not only based on pricing, but more on stability and better flow of cargo and information. To operate just through a dashboard is for the perfect world, not for the Covid or post-Covid world. We find out that partnership and loyalty are not expensive words but the values that you cannot build in the short term.

Industry 92

Industry Supply Chain Software Sourcing Strategies Price Reduction 92

Logistics Business Magazine

APRIL 7, 2021

Among the first application scenarios that have been identified there is the optimisation of upkeep operations for the port’s navigational areas: the implementation of 5G would notably provide improvements and greater safety for the daily dredging campaigns in the channels and docks.

Security 36

Security Networks Industry Logistics Network Optimization Software 36

247 Customs Broker

JANUARY 17, 2019

The Ocean Alliance formally launched in April 2017 and serves as the world’s largest operational agreement between ocean carriers. CMA CGM said that the Ocean Alliance represents the world’s largest operational agreement between shipping companies, adding that 111 of the Ocean Alliance’s 330 container ships will be deployed by CMA CGM.

Logistics Network Optimization Software 28

Logistics Network Optimization Software Material Savings Materials Handling Groups 28

Freightos

AUGUST 26, 2015

American based gCaptain provides maritime information to some 600K unique monthly viewers, with a focus on commercial marine and offshore energy. World famous news agency established in 1851, with a slant toward business news, it operates in 94 countries and 20 languages. Senior Director, Content, at IHS Maritime & Trade.

Resource Reduction 109

Resource Reduction Logistics Network Optimization Software Supply Chain Software Supply Chain Design Software 109

IoT World Today

MAY 21, 2020

Supply chain recovery hinges on incorporating robust data analytics and other data-driven tools into business operations to increase efficiency, reduce costs and proactively manage risk. Practitioners must develop a data analytics strategy that gives them insight into supply chain aberrations before catastrophe sets in. “If

Supply Chain Planning Software 145

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

247 Customs Broker

JUNE 7, 2018

Recent news has surfaced indicating that the percentage of the idled global container fleet has decreased, and many carriers have recently reported positive operating profits. Esben Christensen , global co-head of AlixPartners’ maritime practice, says that he has his doubts about a reversal of fortune, however.

Cost Reduction 28

Cost Reduction Cargo Price Reduction Resource Reduction 28

The Logistics of Logistics

JUNE 30, 2022

” podcast, Dooner brings 16 years of industry experience in operations, sales, consulting, and marketing. Fuller is the Founder & CEO of Freightwaves, a media and intelligence platform sharing up-to-the-minute news, commentary, and data analysis on the freight forwarding industry. . Craig Fuller. Twitter: @FreightAlley.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 195

MTS Logistics

OCTOBER 14, 2022

Maritime trade has always had its ups and downs due to product cycles throughout history. Since over 80% of traded goods are moved via the sea (UNCTAD; Review of Maritime Transport 2021), we can confidently say that the entire developed world depends on sea transportation to survive. Leaning From the Past.

Inventory Reduction 66

Inventory Reduction Price Reduction Cost Reduction Purchasing Skills 66

Shipping and Freight Resource

DECEMBER 19, 2021

Maritime performance in 2021. While the COVID-19 pandemic ravaged global trades, economies, and many industries, the maritime industry seems to have defied the COVID-19 disruption with a less than feared impact in 2020. Maritime trade contracted by 3.8% Maritime Trade. Capurro’s body.

Resource Reduction 99

Resource Reduction Supply Chain Planning Software Scenario Planning Maritime 99

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. Image : DCSA.

Data 90

Data Supply Chain Planning Software Supply Chain Software Digital 90

MTS Logistics

MARCH 3, 2023

We explore the expectations for greener shipping in 2023 and the strategies that shippers can use to ensure cleaner shipping in their operations. In the next few years, the landscape of the shipping industry is set to change drastically with further environmentally-friendly developments.

Trends 79

Trends Supply Chain Design Software Price Reduction Supply Chain Software 79

MTS Logistics

MARCH 4, 2022

House of Representatives passed in December 2021, the Ocean Shipping Reform Act which gives the US Federal Maritime Commission more power to act on anti-competitive behavior by container shipping lines and would require ocean lines to “meet minimum service standards.” ” It now moves to the U.S.

Government 77

Government Price Reduction Freight forwarding Maritime 77