Fri.Feb 28, 2020

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Crucial Factors for Transporting Pharmaceutical Products

SIPMM Professional Publications

Throughout shipping, pharmaceuticals are the most vulnerable. Managing security risks in the supply chain during transportation is critical in minimizing potential revenue loss and credibility for producers, distributors, and logistics providers. Training is needed to identify and deter potential pharmaceutical product adulteration or diversion. Shipping pharmaceutical products requires a high level of knowledge to ensure […].

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Yes, the human element still exists in liability insurance pricing … sometimes

Overdrive Online

Owner-operators Rick and Lisa Weddle were on the shoulder assisting a family who lost control of their minivan in icy conditions on I-40 in New Mexico when they were struck from behind by another truck. Fortunately, their insurance company's underwriters injected some humanity in the aftermath.

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Ocean cargo shippers still not satisfied with carrier opacity, says AlixPartners study

Logistics Management

Shippers are likely to exert pressure on a sector whose average risk of bankruptcy has increased and debt-to-profitability ratio has deteriorated in the past year; hard-won gains could “totally evaporate” if the industry doesn’t control costs, including those related to the new low-sulfur fuel rule

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Deploying your Manufacturing ERP: in the Cloud or On-premise

SYSPRO Smarter ERP

When it comes to business transformation and digitalization, the term “cloud-first” is seen as a key enabler for businesses that are considering ERP. A cloud computing strategy should not just focus on resolving technical issues but aim to promote, develop and extract tangible business benefits. Cloud tactics should extend beyond IT and must be embraced by the organization […].

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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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Coronavirus impact on ports outlined by AAPA

Logistics Management

The American Association of Port Authorities (AAPA) today issued the following statement that recognizes the threat to both human health and world economic stability related to the novel coronavirus (COVID-19) outbreak.

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How Coronavirus is Affecting International Sea Transport and Ways to Protect Yourself

Trans Global Auto Logistics

The Coronavirus (COVID-19) is spreading rapidly throughout the globe causing concern for almost every industry—including international shipping by sea. With over 80-thousand cases and rising around the world, the International Maritime Organization (IMO) is offering guidance to port authorities, ship-masters, and shipping companies. The IMO states that there have been no recommended restrictions to travel or trade.

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11 Inventory Management Best Practices & the Role of Technology

GlobalTranz

Supply chain leaders are continuously looking for ways to improve inventory management, and the role of technology in the supply chain offers significant advantages. Instead of relying on traditional, outdated inventory management best practices, supply chain leaders should follow these 11 steps to leverage technology and improve inventory management at last. 1.

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Despite sequential decline, FTR says Shippers Conditions Index remains mostly solid

Logistics Management

For December, the most recent month for which data is available, the SCI dropped from a 7.0 November reading to 4.6. Despite the decline, FTR said that utilization and logistics costs are still positive, as December freight volumes were slightly negative. And the firm added that the only input to the SCI more positive in December compared to November was fuel costs.

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Hybrid Demand Sensing: Readying Supply Chains for Uncertain Times

Supply Chain Brain

Today’s supply chains are challenged by product-line proliferation, shrinking product lifecycles, increased complexity and massive amounts of data.

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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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RILA parcel and last-mile panel focuses on benefits of using regional carriers

Logistics Management

Given the ever-increasing role that the intersection of e-commerce and last-mile logistics has in the retail supply chain, it does not come as a huge surprise that meeting ever-increasing consumer delivery expectations is a top challenge, especially for regional last-mile logistics players. That was a key theme at a session at this week’s RILA (Retail Industry Leaders Association) LINK 2020 Conference in Dallas.

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Fastenal Implements Electric Truck Pilot Program

NGT News

As part of its sustainable distribution efforts, Fastenal, a company that helps customers simplify and realize product and process savings across their supply chain, says it is now running a battery-electric Freightliner eM2 straight truck to service branches in the Los Angeles metro area. The venture stems from a collaboration between Penske Truck Leasing and […].

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U.S. rail and intermodal volumes see annual declines for week ending February 22, reports AAR

Logistics Management

Rail carloads—at 232,869—dropped 9.3% annually, and intermodal units—at 249,821—fell by 6%.

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Revenues Down at IAG Cargo as Sector Feels Chill

Logistics Business Magazine

IAG Cargo has today announced its 2019 full year results, reporting commercial revenues of €1,117m over the period from January 1 to December 31, 2019, a decrease of 7.2 per cent on 2018 at constant currency. Overall yield for the year was down 4.9 per cent at constant currency. Sold tonnes were down 2.8 per cent and CTK volumes were down 2.4 per cent whilst capacity grew by 1.0 per cent.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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OW Robotics to debut updated goods-to-picker robot at IntraLogisteX

247 Customs Broker

[og_img] OW Robotics is to debut an upgraded design of its goods-to-picker robotics at IntraLogisteX, which takes place at the Ricoh Arena, Coventry, on 31… The post OW Robotics to debut updated goods-to-picker robot at IntraLogisteX appeared first on 24/7 Customs Broker News.

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Time Logistics Signs with The Pallet Network

Logistics Business Magazine

TPN – The Pallet Network — has signed Tamworth-based Time Logistics, which starts as a full Member on Monday 2nd March. The Midlands-based freight-forwarder and haulier has grown rapidly since its inception in 2014, and now boasts 80 vehicles, 130 employees and a wide array of air and sea freight customers. Time MD Jason Palmer says: “We’ve never belonged to a network before but we have worked closely with key TPN Members for a long time, so we are very familiar with its systems and service leve

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Logistics Manager Analysis: Wincanton "disappointed" but "energised" after Eddie Stobart acquisition bid

247 Customs Broker

The chief executive of Wincanton, James Wroath, has told Logistics Manager that the 3PL will not rule out further ‘bolt-on’ acquisitions after investors and shareholders… The post Logistics Manager Analysis: Wincanton "disappointed" but "energised" after Eddie Stobart acquisition bid appeared first on 24/7 Customs Broker News.

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Etihad Selects ECS Group for Sales and Support Operations

Logistics Business Magazine

Etihad Cargo, the cargo and logistics arm of the Etihad Aviation Group, has selected ECS Group, the world’s largest General Sales & Support services group, to deliver a significant scope of its new regional sales operating model across multiple-territories. Etihad Cargo has entered into Cargo Service Provider (CSP) agreements with ECS Group’s subsidiary company Globe Air to provide customer service, reservations, post-flight support, operations support, accounting and billing support service

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How to Conduct Workplace Incident Investigations to Create Safer Workplaces

This white paper provides a comprehensive overview of global workplace incident trends, focusing on the top three biases leading to such incidents. It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.

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Noatum Logistics expands warehousing capacity at London Medway

247 Customs Broker

Noatum Logistics is to add a further 150,000 sq ft of capacity to its London Medway facility, which is set to be completed by the… The post Noatum Logistics expands warehousing capacity at London Medway appeared first on 24/7 Customs Broker News.

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This Week in Logistics News ( February 22 – 28)

Logistics Viewpoints

Up, Up, Down, Down, Left, Right, Left, Right, B, A, Start. The Konami Code. For any kid that grew up in the 80’s this code should resonate. It was the guarantee (or at least your best chance) that you could beat Contra, a multi-player, run-and-gun video game developed by Konami in 1988. However, the code was not created for Contra, and possibly never meant to see the light of day.

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Joe Hete to retire as CEO of ATSG

247 Customs Broker

Rich Corrado, next CEO of ATSG Joe Hete, 65, will retire as CEO of Wilmington Air Transport Service Group (ATSG), the aircraft leasing and air… The post Joe Hete to retire as CEO of ATSG appeared first on 24/7 Customs Broker News.

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Above the Fold: Supply Chain Logistics News (February 28, 2020)

Talking Logistics

Have you ever been up all night because you couldn’t sleep? That was me last night. I don’t know why. I tossed and turned in bed, then went downstairs to the living room couch, and tossed and turned there. I must have fallen asleep for a brief period of time because I remember seeing two. Read more Above the Fold: Supply Chain Logistics News (February 28, 2020).

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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DHL takes €70m coronavirus hit in February

247 Customs Broker

Deutsche Post DHL said that the impact of the coronavirus on group EBIT would be between €60 million and €70 million for February, after it… The post DHL takes €70m coronavirus hit in February appeared first on 24/7 Customs Broker News.

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IMO establishes new department to tackle key global issues

Shipping and Freight Resource

A new department has been established within the IMO Secretariat to focus on supporting Member States to tackle key global issues in the context of international shipping – and help promote sustainable development. The International Maritime Organisation (IMO) has a long and successful track record of matching the requirements of developing and less-developed countries with resources made available by a range of governmental, institutional and corporate donors.

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Waitrose.com expands footprint ahead of Ocado split

247 Customs Broker

[og_img] Waitrose is to add online delivery services to 24 more of its stores as it prepares to split from Ocado. From 1 September, Ocado… The post Waitrose.com expands footprint ahead of Ocado split appeared first on 24/7 Customs Broker News.

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Ebook: Omnichannel Supply Chain Strategy: Its 3 Defining Features

Morai Logistics

Omnichannel supply chains have become integral to addressing customer needs, but what characterizes an omnichannel approach exactly? Now more than ever, with the astounding growth in e-commerce, omnichannel supply chains have become a necessity for many companies. This is because, in addition to speed, customers are seeking flexibility and visibility in their shopping experience.

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Brick & Mortar Retail Relevance: How to Stay Ahead of the Curve

Speaker: Jay Black, Senior Account Executive

Let's set the record straight: in-store retail isn't dead - it's evolving! Faced with the digital age and the demands of omnichannel shopping, some retailers are thriving while others are struggling to adapt. Join Jay Black in this exclusive session as he explores the strategies that set successful stores apart, including: Crafting unique and unforgettable in-store experiences 🛍️ Mastering the art of retail demands 🛒 Navigating inventory challenges in today's climate 📦 an

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Wayfair is all in on logistics

247 Customs Broker

Wayfair executives were a bit overzealous with hiring, they admitted on a Friday earnings call. Earlier this month, local Boston media described dramatic scenes of… The post Wayfair is all in on logistics appeared first on 24/7 Customs Broker News.

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DHL takes €70m coronavirus hit in February – Logistics Manager Magazine

247 Customs Broker

Deutsche Post DHL said that the impact of the coronavirus on group EBIT would be between €60 million and €70 million for February, after it… The post DHL takes €70m coronavirus hit in February – Logistics Manager Magazine appeared first on 24/7 Customs Broker News.

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Logistics Manager Analysis: Wincanton "disappointed" but "energised" after Eddie Stobart acquisition bid – Logistics Manager Magazine

247 Customs Broker

The chief executive of Wincanton, James Wroath, has told Logistics Manager that the 3PL will not rule out further ‘bolt-on’ acquisitions after investors and shareholders… The post Logistics Manager Analysis: Wincanton "disappointed" but "energised" after Eddie Stobart acquisition bid – Logistics Manager Magazine appeared first on 24/7 Customs Broker News.