MTS Logistics

AUGUST 14, 2023

The once-tranquil seas are undergoing noticeable transformations, with the impacts of rising temperatures affecting maritime operations. This imminent danger hits the core of maritime operations, namely the ports. In a world confronting the unyielding advance of global warming, the ocean shipping sector stands at a critical juncture.

Maritime 76

Maritime Temperature Exercises Scenario Planning 76

MTS Logistics

JULY 12, 2023

We previously reported that last week, the International Maritime Organization (IMO) was meeting to see if they could agree on updated greenhouse gas emission reduction rules as climate change accelerates. There was urgency to get a deal done, after the U.S. and other major players pushed for stronger progress.

Sourcing Strategies 62

Sourcing Strategies Meeting Scenario Planning Maritime 62

Carter Logistics

DECEMBER 31, 2018

How do you build integrated supply chain strategies? It is important to have documented strategies for your supply chain management. A working supply chain strategy should support business goals, maintain a clear focus, be measurable and adjustable, reduce costs, and improve customer satisfaction.

Supply Chain Planning Software 60

Supply Chain Planning Software Vendor Strategies Supply Chains Cost Reduction 60

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

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 97

Negotiating Skills Price Reduction Industry Sourcing Strategies 97

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

MTS Logistics

AUGUST 25, 2023

Climate Change and Extreme Weather Threats to maritime infrastructure and vessel operations could come from rising sea levels and more frequent extreme weather events. It will be necessary to employ adaptation strategies to lessen these effects.

Supply Chain Software 74

Supply Chain Software Supply Chain Planning Software Industry Waste Reduction 74

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

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 52

Material Savings Optimization Software Logistics Network Optimization Software Maritime 52

Logistics Business Magazine

SEPTEMBER 19, 2023

Developing high standards for alternative sustainable, green fuels – including the analysis of full lifecycle and related greenhouse gasses – and helping to setting the framework of mass production of green methane and green methanol.

Maritime 56

Maritime Collaboration Logistics Network Optimization Software Security 56

Material Handling and Logistics

JANUARY 8, 2018

For example, an analysis carried out by AIR on the potential impact of Hurricane Harvey on regional manufacturing found that, based on percentage of the total potential revenue loss, the top three subsectors are petroleum and coal products manufacturing (37%), chemical manufacturing (13%), and oil and gas extraction (12%).

Supply Chains 142

Supply Chains Cost Reduction Examples Events 142

MTS Logistics

DECEMBER 9, 2022

Blank sailings are a strategy used by freight forwarders to redistribute fleets, equipment, and the likes by skipping ports and/or legs of voyages. Analysis of recent weeks between late November and early December show that the 14% of sailings across major shipping routes have been canceled.

Inventory Reduction 81

Inventory Reduction Resource Reduction Disposal Analysis 81

MTS Logistics

JULY 21, 2023

According to a 2020 analysis by the Insurance Information Institute, these disruptions cost firms an average of $1.45 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. million per event.

Cost Reduction 64

Cost Reduction Document Expense Reduction Supply Chains 64

MTS Logistics

JANUARY 19, 2022

Import freights are significantly higher-paying than exports, so the main carrier strategy is based on imports. Another strategy of ocean carriers is filling the the vessels by “repositioning empty containers.” ” According to a MarketWatch analysis, 46.2%

Price Reduction 97

Price Reduction Supply Chains Scenario Planning Availability 97

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.

Supply Chain Design Software 81

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Optimization Software 81

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

Logistics Business Magazine

JUNE 30, 2022

An analysis of 80 Setlog customers and brands from June 22 also shows: Importers of fast-moving consumer goods learned from their misery and now order their desired products on average one week earlier than they did in 2020 and before the coronavirus pandemic, thus reducing delays. For comparison: in 2021 it was 41.6 days, in 2020 around 35.

Expense Reduction 56

Expense Reduction Supply Chain Software Cost Reduction Price Reduction 56

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 83

Logistics Network Optimization Software Strategy Modeling Software Examples 83

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.

Negotiating Skills 108

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Material Savings 108

MTS Logistics

DECEMBER 14, 2022

The change in leadership reflects a change in strategy for A.P. Much like Amazon, Maersk has developed a strategy to offer end-to-end transportation services rather than its traditional business model of container shipping. Moller-Maersk, who have tapped new leadership in a time of great change. Conclusion.

Price Reduction 87

Price Reduction Cost Reduction Trends Strategy 87

Logistics Business Magazine

JANUARY 20, 2023

said Cathy Morrow Roberson, Founder and President of Logistics Trends & Insights LLC during a webinar organised by Container xChange on the Chinese New Year analysis and predictions. Further, we asked ‘Ahead of Chinese New Year factory closures, have you changed your container sourcing strategy to ensure you have boxes?’

Supply Chain Planning Software 68

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 68

FreightWaves SONAR

JANUARY 5, 2021

According to Maritime Executive , “Eight international carriers split into three different alliances control 80% of the market today. Carriers simply need to know where to send trucks and the proper freight rating or pricing strategies to use. Now, the industry is changing yet again. And those increases are likely to remain forever.

Data 88

Data Price Reduction Freight Resource Reduction 88

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 79

Cost Reduction Sourcing Strategies Manufacturing Procurement Events 79

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 48

Expense Reduction Supply Chain Design Software Cost Reduction Price Reduction 48

MTS Logistics

FEBRUARY 21, 2024

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. Cultural Needs and Consumer Behavior Cultural influences significantly shape consumer behavior.

Expense Reduction 78

Expense Reduction Resource Reduction Cost Reduction Transportation 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 80

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 80

The Logistics Academy

JULY 26, 2017

As part of this strategy, the Government is partnering with higher-education institutions to develop training programs in emerging technologies and trends such as big data analysis or e-commerce supply chains. Focus on Talent Development. resulting in more seamless supply chains. resulting in more seamless supply chains.

Sourcing Strategies 60

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

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 South Korean shipping company HMM announced that it has signed new shipbuilding contracts for nine 9,000-TEU container ships powered by methanol dual-fuel engines. billion for future investments. million TEUs by 2026.

Ordering 78

Ordering Strategy Industry Operations 78

MTS Logistics

JUNE 30, 2023

And 52% are looking to consolidate more shipments overall, a strategy for which LCL can play an important role.” Recent market insights found the following: “According to a latest global shipper survey, 75% of shippers who use LCL plan to continue or increase it in 2023. Bridge the gap with market and mode shifts.

Cost Reduction 85

Cost Reduction Inventory Reduction Waste Reduction Optimal Sourcing 85

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

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. The overall climate in the market is uncertain. As we turn our attention to Lunar New Year in February 2024, the survey paints a muted outlook.

Price Reduction 79

Price Reduction Inventory Reduction Cost Reduction Industry 79

MTS Logistics

APRIL 11, 2022

Torben Bengtsson, Global Head of Air & LCL at Maersk, said this in the company’s press release: “Maersk Air Cargo is an important step of the Maersk Air Freight strategy, as it will allow us to offer customers a truly unique combination of air freight integrated with other transport modes.

Cargo 76

Cargo Supply Chains Logistics Network Optimization Software Strategy 76

MTS Logistics

JUNE 26, 2023

Further studies and empirical analyses are necessary to gain deeper insights into specific contexts and determine effective strategies to mitigate the potential negative effects of inflation on export performance. The post Inflation and Exports/Imports: Why Should We Fight Inflation? appeared first on More Than Shipping.

Expense Reduction 77

Expense Reduction Price Reduction Purchasing Skills Material Savings 77

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 81

Manufacturing Procurement Sourcing Strategies Government Buyer Training 81

MTS Logistics

APRIL 3, 2023

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. The reduced demand can cause companies to scale back on their shipping needs, which can result in a reduction in shipping volumes.

Inventory Reduction 93

Inventory Reduction Cost Reduction Price Reduction Supply Chains 93

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 82

Supply Chain Planning Software Supply Chain Software Supply Chains Tracking and Tracing 82

MTS Logistics

DECEMBER 12, 2022

As a result, even if these recent issues seem negative and extra costly, there is always hope and growth for businesses when the right strategies are followed. The post Supply Chain Trends to Watch for 2023 and Beyond appeared first on More Than Shipping.

Supply Chain Software 82

Supply Chain Software Supply Chains Trends Cost Reduction 82