Fri.May 01, 2020

article thumbnail

Words to truck by: ‘You will never, ever come out ahead running at a loss’

Overdrive Online

Independents Daniel and Phyllis Snow have been at home for going on a month now as rates and available freight volumes have fallen and what Snow calls a veritable epidemic of "bad business" (extending from brokers to shippers and receivers and carriers, too) has taken hold. Independents Daniel and Phyllis Snow have been at home for going on a month now as rates and available freight volumes have fallen and what Snow calls a veritable epidemic of "bad business" (extending from brokers to shippers

article thumbnail

Logistics and autonomous systems – the promise of transformed logistics

Logistics in War

The popular discussion on autonomy in warfare is constrained to either describing the advantages of introducing autonomous systems for ‘dull, dirty and dangerous’ work, or articulating the limitations of their use (including ethical limitations). Logistics can be filled with a myriad of routine tasks, but the last twenty years of war in the Middle-east have proven that the life of a logistician can be as perilous as any other.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Feel Good Friday: Celebrating A Milestone from Home

Freight Center

This is a special post for us! We’re highlighting how one of our own FreightCenter team member’s family is celebrating their graduating high school senior in a fun, cool way. Just like many other families, people are trying to find creative ways to celebrate milestones while social distancing. Events like birthdays, wedding and baby showers, graduation celebrations and more are being held virtually or in other innovative ways.

Events 81
article thumbnail

COVID-19 drives down manufacturing output to lowest levels in years, reports ISM

Logistics Management

The report’s key metric—the PMI—at 41.5 (a reading of 50 or higher indicates growth)—declined 7.6% from March’s 41.5, falling for the second straight month, which was preceded by two months of growth. The April reading was 7.5% below the 12-month average of 49.0 and is also the lowest reading over the last 12 months and the lowest reading going back to April 2009’s 39.9.

74
article thumbnail

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.

article thumbnail

Collaborative Logistics is the Only Way Forward for the Industry

GlobalTranz

Collaborative logistics is the future (and the now) of successful, risk-managed logistics and supply chain management. There is no greater demand than what market forces, competitors, and Black Swan supply chain events 3PLs and freight brokers have to meet the challenges shippers face. Carriers are struggling to remain profitable. The industry is dealing with a.read More.

More Trending

article thumbnail

Air Travel Demand and the Cargo Impact

CH Robinson Logistics

A weekly staple in our house is bananas and most weeks buying bananas is uneventful. As the primary grocery shopper in my family, I typically look for bananas transitioning from green to yellow. Maybe they won’t taste great today, but within a day they should be ready to eat and we’ll have most of the week before the brown spots start to form. Occasionally I will be forced to choose between bananas that are either too green or too ripe.

Cargo 62
article thumbnail

IBM steps up to battle COVID-19 medical supply chain shortages

Logistics Management

As part of IBM’s approach to combating COVID-19 with technology solutions that enable more trustworthy information, accelerated discovery, resiliency and adaptation, the company today announced IBM Rapid Supplier Connect, a blockchain-based network designed to help government agencies and healthcare organizations identify new, non-traditional suppliers who have pivoted to address the shortage of equipment, devices and supplies needed for COVID-19 relief efforts.

article thumbnail

How CPG Shippers Can Offset COVID-19 Risk

Supply Chain Brain

Consumer goods companies must ensure their supply chains remain in the driver’s seat.

article thumbnail

Panama and Suez Canals offer cost reductions for COVID-19

Shipping and Freight Resource

While the COVID-19 pandemic continues to affect and disrupt industries, jobs, lives, and economies around the world, there also seems to be a good fightback from the various industries, governments, and organisations in our industry. Shipping lines have been offering time-sensitive cost-saving options for COVID-19 along with some relief in demurrage and detention charges etc.

article thumbnail

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

article thumbnail

AAR reports another week of U.S. rail carload and intermodal declines for week ending April 25

Logistics Management

Rail carloads—at 192,110—fell 28.2% compared to the same week a year, and intermodal units—at 222,013—slipped 16.5% annually.

63
article thumbnail

How to Solve the Empty Container Repositioning Problem after COVID-19

MTS Logistics

Container shipping transports manufactured goods, semi-manufactured goods, and raw materials around the world. There are always uncertain situations that the shipping industry faces. The COVID-19 pandemic is one of the biggest uncertainties for the shipping industry in recent times. Over the past several months, China struggled with COVID-19, so manufacturing and shipping activity has been slowed down dramatically.

How To 52
article thumbnail

Should North America start its own oil cartel?

Truck News

They say a picture is worth a thousand words. Today I’m going to change that to a thousand ships. That’s about how many there are out there carrying crude oil, bobbing lazily outside ports around the world. So, let’s narrow that number and geography down to reality and focus on our island of North America. Needless […].

article thumbnail

The International Energy Agency Reports on COVID-19’s Fuel Impact

NGT News

The Covid-19 pandemic represents the biggest shock to the global energy system in more than seven decades, with the drop in demand this year set to dwarf the impact of the 2008 financial crisis and result in a record annual decline in carbon emissions of almost 8%. A new report released by the International Energy […]. The post The International Energy Agency Reports on COVID-19’s Fuel Impact appeared first on NGT News.

49
article thumbnail

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.

article thumbnail

Prevailing over the “three phases” of logistics management challenges

Logistics Management

According Evan Armstrong, there are “three phases of business problems” that currently need to be addressed.

article thumbnail

New Warehouse for Meachers to Meet Increased Storage Demand

Logistics Business Magazine

UK freight specialist Meachers Global Logistics has acquired a new warehouse to accommodate a 20 per cent increase in demand for storage since the COVID-19 pandemic took effect. The new premises at Solent Gateway in Marchwood, Southampton is providing the logistics firm with vital storage space for clients as the COVID-19 pandemic is causing supply chains to slow down.

Meeting 36
article thumbnail

US PMI drops to lowest level since 2009 as industry output and new orders plummet

247 Customs Broker

Dive Brief: The U.S. PMI contracted 7.6 percentage points from March to April, falling to 41.5%, the lowest indicator of manufacturing sector contraction since 2009,… The post US PMI drops to lowest level since 2009 as industry output and new orders plummet appeared first on 24/7 Customs Broker News.

article thumbnail

Battery Specialist Sunlight Names New CEO

Logistics Business Magazine

Greek-based battery specialist Systems Sunlight has named Lampros Bisalas as its new CEO. Bisalas joined Sunlight from PwC as Financial Controller for international subsidiaries before advancing to the role of Chief Commercial Officer (CCO) during his 12-year tenure with the company. He has been in the role of CCO for the last three years during which time Bisalas has been integral to the growth of commercial sales and the development of industrial lithium products which has led to the launch of

article thumbnail

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.

article thumbnail

Logistics Manager May 2020: Materials Handling Special – out now

247 Customs Broker

The May issue of Logistics Manager is out now in print, online as well as for the iPad and Android. Cover story: Unmasked!The world of materials handling is adapting quickly… The post Logistics Manager May 2020: Materials Handling Special – out now appeared first on 24/7 Customs Broker News.

article thumbnail

Combilift Engineering Expertise Creates Ventilator Splitter Device

Logistics Business Magazine

Irish manufacturer Combilift, best known for its range of space-saving forklifts and other handling solutions, has drawn on its expertise in engineering and software design to develop the Combi-Ventilate, a splitter device which turns one ventilator into multiple ventilation stations. Designed to address the requirements of medical professionals in the current Covid-19 emergency, the Combi-Ventilate was developed by a team of mechatronic and software engineers in the past five weeks and a unit i

article thumbnail

New CFO for Unipart Group

247 Customs Broker

Unipart Group has appointed Darren Leigh as group chief financial ffficer with effect from today. Leigh joins from financial software investor Finastra, but has extensive… The post New CFO for Unipart Group appeared first on 24/7 Customs Broker News.

Groups 36
article thumbnail

Freightera Celebrates 6th Birthday as 2020 Technology Impact Award Finalist

Freightera

Today, on May the First, we are celebrating our 6th birthday at Freightera. It is how we like to spell our birth date – May the First – because being the first, the trailblazers, is in our DNA. Six is an exciting age in the life of any human being, more mature, lots of learning ahead, but with fewer falls and bumps. As a company, we refined the processes for our team and our customers in the last year and prevented many unwanted “bumps.” We’ve achieved great milesto

Blog 27
article thumbnail

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.

article thumbnail

Boom in storage enquiries at Solent Gateway

247 Customs Broker

The impact of Covid-19 on supply chains has led to a 200% increase in storage requirement enquires at Solent Gateway in Hampshire. Solent Gateway is… The post Boom in storage enquiries at Solent Gateway appeared first on 24/7 Customs Broker News.

article thumbnail

New LTL Reefer Rates Across Canada

Freightera

Shipping perishables, frozen goods, or temperature-sensitive medical supplies across Canada? See our new reefer rates! We have just brought in very competitive temperature control rates on 806 local lanes (e.g. Winnipeg to Winnipeg, Saskatoon to Saskatoon, Regina to Regina, Calgary to Calgary, Edmonton to Edmonton, Montreal to Greater Montreal, Toronto to GTA, Okanagan to Okanagan, Greater Vancouver to Greater Vancouver).

article thumbnail

Next cancels £290 million of orders due to excess inventory; re-opens warehouses

247 Customs Broker

Retailer Next has cancelled some £290 million of purchases from suppliers due to the excess of stock currently in its warehouses and supply chain. Next… The post Next cancels £290 million of orders due to excess inventory; re-opens warehouses appeared first on 24/7 Customs Broker News.

article thumbnail

Hawaiian Ocean Transport – San Leandro Location Moved to Hayward

Odyssey Logistics

Dear Valued Customer, Effective Friday, May 1, 2020 Hawaiian Ocean Transport, Inc. is relocating from 2968 Alvarado Street, Suite A, San Leandro, CA 94577 to 651 Sandoval Way Hayward, CA 94544. All phones numbers will remain the same: (510) 352-8066 with the exception of the fax number. The new fax number is (253) 926-5100. We. Continue Reading. The post Hawaiian Ocean Transport – San Leandro Location Moved to Hayward appeared first on Odyssey Logistics & Technology.

article thumbnail

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

article thumbnail

Amazon worldwide turnover hits $9,602 per second in Q1 2020

247 Customs Broker

Amazon posted a turnover of £7,662.91 per second in the first three-months of 2020, adding that it would spend the entirety of its predicted Q2… The post Amazon worldwide turnover hits $9,602 per second in Q1 2020 appeared first on 24/7 Customs Broker News.

Article 36
article thumbnail

This Week in Logistics News (April 25 – May 1)

Logistics Viewpoints

Sustainability has been a hot topic in supply chain and manufacturing circles lately. Earlier this week I saw an article about Taylor Guitars, one of the world’s most well-known makers of acoustic guitars, and how it has been looking at alternatives to using exotic wood for its instruments as regulations around the use of exotic wood has tightened. So now, when customers buy a new Taylor guitar, it may not be made from exotics wood […].

article thumbnail

E-commerce retailer THG launches air cargo operation

247 Customs Broker

UK e-commerce retailer The Hut Group (THG) is to launch THG Air with the purchase and operation of two of its own dedicated cargo planes.?? THG –… The post E-commerce retailer THG launches air cargo operation appeared first on 24/7 Customs Broker News.

Cargo 36