Wed.Jul 01, 2020

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TMS and Digital Freight: The Experts Speak

Logistics Viewpoints

When it comes to TMS and digital freight, there is a lot of interest. More and more TMS suppliers are integrating digital marketplaces into their core TMS offering. As the supply chain world continues down its digital transformation path, digital brokers can play an integral role in easing capacity constraints, opening up new lanes, and providing a benchmarking tool for shippers.

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*Infographic* Americans Plan to Spend Big on Independence Day

Kuebix

American Independence Day is a holiday most commonly celebrated with hotdogs, hamburgers, refreshing beverages and festive fireworks. Enthusiasm for the 4th of July isn’t hard to find in the U.S. – celebrations of all sizes take place at homes throughout the country! Though this year may look a little different due to the pandemic, Americans […].

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Commentary: Increasing motor carrier insurance liability limits

Commercial Carrier Journal

Congress is considering legislation to raise minimum required insurance liability limits for motor carriers from $750,000 to $2 million. The minimum has not changed in nearly 40 years. On its face, reviewing the minimum makes sense after passage of time.

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FedEx fiscal fourth quarter earnings see declines but e-commerce output surges

Logistics Management

Revenue—at $17.4 billion—was off 2.3% compared to $17.8 billion a year ago, and operating income—at $475 million—was well off from $1.32 billion a year ago. The company’s quarterly net income on an adjusted basis—at $663 million—trailed the $1.32 billion recorded a year ago. Adjusted earnings per share—at $2.53—trailed the $5.01 from a year ago while topping Wall Street expectations of $1.52.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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How to Better Track Your Freight Shipments

Supply Chain Brain

In today’s world, there are very few reasons why freight shipments are delayed. With high-tech tracking and transportation-management systems, following a shipment is something that anyone can do.

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U.S. Treasury injects YRC Worldwide with $700 million for 30% equity stake

Logistics Management

The U.S. government entered the $46 billion less-than-truckload (LTL) industry by effectively purchasing 30% of financially troubled LTL giant YRC Worldwide in exchange for a badly needed $700 million cash infusion.

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How to Protect Against Supply-Chain 'Earthquakes'

Supply Chain Brain

You might say the coronavirus pandemic is bringing about a seismic shift in attitudes toward supply-chain risk.

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Target Reverse Logistics: Start With the Top Challenges in the Reverse Supply Chain

GlobalTranz

Establishing clear channels for the routing of reverse logistics represents a significant challenge in the modern supply-chain. Organizations that successfully target reverse logistics challenges can streamline the returns management process and lower total freight spend. As a result, supply chain executives need to understand the top challenges in the reverse supply chain and their role.read More.

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Transporting Perishable Goods? Some Important Factors to Consider.

Blue Grace Logistics

Transporting perishable goods and fresh produce is fraught with higher risks than regular dry cargo. There’s a risk of spoilage and loss of freshness and quality. Perishable goods need a specialized mode of transportation, refrigerated trailers, or reefers. It enables the movement of goods like fruits, vegetables, seafood, some medicine and other pharma products, dairy and bakery products, meat, and flowers and plants.

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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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ISM points to June manufacturing gains, but many concerns remain intact

Logistics Management

In its monthly Manufacturing Report on Business, ISM reported that the report’s key metric, the PMI, came in at 52.6 (a reading of 50 or higher indicates growth), which marked a 9.5% improvement over May’s 43.1 and a 12.7% gain over April’s 39.9 reading.

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Daimler Truck AG Prepares for the Production of Fuel Cells

NGT News

Daimler Truck AG technicians at their Stuttgart, Germany, site are developing new fuel cell production facilities which will be used as the technological template for subsequent series production. Daimler Truck AG is consistently driving forward series production of fuel cells with Daimler Truck Fuel Cell GmbH & Co. KG. In the past ten years, Daimler […].

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It’s all about teamwork

World Food Programme Logistics

WFP supports Somalia’s coronavirus response COVID-19 Response Teams take the temperatures of locals at a community clinic in Dollow. Photo: Ministry of Health The COVID-19 pandemic has affected a vast number of countries in many different ways. One of the most significant impacts has been restrictions on the transport of goods and people which, in countries such as Somalia, have made it increasingly challenging to get much-needed medical support to populations in remote locations.

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Volvo Penta, Rosenbauer Collaborate on Concept Fire Truck

NGT News

Volvo Penta has been collaborating with Rosenbauer to develop an electric driveline for the platform and industrialized version of the company’s concept fire truck (CFT), known as “Revolutionary Technology” (RT). By walking away from conventional commercial vehicle concepts and developing an electric solution for the truck’s driveline instead, Volvo Penta and Rosenbauer introduced a completely […].

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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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MAWB (Master Air Waybill)

Globalior

What is a MAWB or Master Air Waybill The Master Air Waybill is usually issued by the carrier of the cargo. This document acts as a form of proof that the cargo has been received from the shipper. The MAWB can also represent a contract that the carrier has undertaken that obligates him/her to deliver the cargo to a specified location. What is a HAWB of House Air Waybill A HAWB is issued by the freight forwarder as a proof of receipt for cargo and it also represents a contract for carriage.

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Air Liquide Installs Europe’s First High-Pressure Hydrogen Refueling Station

NGT News

Air Liquide has installed the first high-pressure hydrogen refueling station in Europe, with the capacity to serve the first fleet of long-haul hydrogen trucks. This investment reflects the group’s strategy to accelerate the deployment of hydrogen energy through large-scale projects, particularly in the heavy vehicle segment. “Hydrogen is an alternative to meet the challenge of […].

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Outsourcing Tank Truck Logistics for Optimal Results

CLX Logistics

Chemical manufacturers and suppliers around the world face a sea of choices when it comes to shipping carriers. Rather than reading countless lists and guides of all the things you can do to navigate your carrier options, why not let the experts take care of it for you? By outsourcing your tank truck logistics to the right partner, you achieve faster route optimization, more efficient service for your customers, and more value for your time and money.

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5 ways you can avoid being July 4th cargo theft victim

247 Customs Broker

As with other long holiday weekends, this week’s Fourth of July observance is expected to cause an uptick in the amount of and value of… The post 5 ways you can avoid being July 4th cargo theft victim 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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Seeking Supply Chain Experts to Complete 2021 Third-Party Logistics Study

Penske Move Ahead

The survey is now live for the 2021 Third-Party Logistics Study: The State of Logistics Outsourcing, and we are seeking input from supply chain professionals. Please use this link to take the survey that closes on July 31. We welcome your insights and please remember that your answers will be confidential. A complimentary copy will be available later this year after it is released as part of CSCMP EDGE 2020 Live!

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Logistics Connection for Sweden & Benelux

Logistics Business Magazine

P&O Ferrymasters today announces it is joining forces with Scan Global Logistics to improve the daily service between the Benelux region and Sweden as it further strengthens its pan-European logistics network. The partnership with a leading Nordic-based global freight forwarding provider will improve and strengthen both companies’ multimodal logistics footprints in two key northern European economic areas.

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Yang Ming Holds Naming Ceremony for 2,800 TEU New Ships

Logistics Manager

Yang Ming Marine Transport Corp. (Yang Ming) held the naming ceremony for two of its 2,800 TEU class full container vessels ‘YM Celebrity’ & ‘YM Continent’ at CSBC’s Kaohsiung shipyard on May 20th. The ceremony was officiated jointly by Yang Ming Chairman Bronson Hsieh and CSBC Corporation Chairman Cheng Wen-Lon. Mrs. Yang Yu-Chen, wife of Yang Ming Executive Vice President Michael Shih, and Mrs.

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DB Schenker Introduces Global Space Scan – Logistics Manager

247 Customs Broker

DB Schenker is addressing the need for additional storage capacities by implementing a global space scan, a new service to identify and assess available idle… The post DB Schenker Introduces Global Space Scan – Logistics Manager 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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DB Schenker Introduces Global Space Scan

Logistics Manager

DB Schenker is addressing the need for additional storage capacities by implementing a global space scan, a new service to identify and assess available idle space in all 794 of their own contract logistics warehouses in more than 60 countries. Changing customer behavior due to COVID-19 has led to shipping backlogs in various regions around the globe.

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DB Schenker Introduces Global Space Scan – Airfreight Logistics

247 Customs Broker

DB Schenker is addressing the need for additional storage capacities by implementing a global space scan, a new service to identify and assess available idle… The post DB Schenker Introduces Global Space Scan – Airfreight Logistics appeared first on 24/7 Customs Broker News.

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DB Schenker Introduces Global Space Scan

Airfreight Logistics

DB Schenker is addressing the need for additional storage capacities by implementing a global space scan, a new service to identify and assess available idle space in all 794 of their own contract logistics warehouses in more than 60 countries. Changing customer behavior due to COVID-19 has led to shipping backlogs in various regions around the globe.

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TMS and Digital Freight: The Experts Speak

247 Customs Broker

Last week my colleague Steve Banker published an article on digital freight brokerages from a managed transportation services (MTS) standpoint. As he is finishing up… The post TMS and Digital Freight: The Experts Speak appeared first on 24/7 Customs Broker News.

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Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations? The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. Discover how these strategies can boost your enterprise's financial health, helping not only to keep up but to excel in today's market.

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Five Supply-Chain Lessons Hospitals Can Learn From COVID-19

Supply Chain Brain

We've learned the hard way that today's supply chains are not up to the task of managing critical supplies.

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Significance of Transportation Scheduling Software in Logistics

247 Customs Broker

Transportation scheduling software is replacing the traditional roles of schedulers who once used to schedule the freight delivery trips in the logistics businesses manually. Apart… The post Significance of Transportation Scheduling Software in Logistics appeared first on 24/7 Customs Broker News.

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How Will Your Company Emerge From the Pandemic?

Supply Chain Brain

The coronavirus pandemic has given each of us an opportunity to remake ourselves — personally and professionally.

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