Wed.Jul 28, 2021

The Importance of Transportation Visibility

Logistics Viewpoints

I am working on my latest Transportation Execution and Visibility Systems study, which looks at the total size of the market, the forecasted growth through 2025, and the leading suppliers across a number of categories including industry, region, customer size, and mode.

What Is Transportation Optimization and What Does It Have to Do With Managed Transportation

GlobalTranz

Part of the challenge in managing the modern supply-chain is due to its sheer size and complexity. There are many working parts, network partners, and opportunities for things to go wrong that some are often overlooked.

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Trinity Logistics Named 2021 Top 3PL by Inbound Logistics

Trinity Logistics

Trinity Logistics is proud to announce our earned recognition on Inbound Logistics’ Top 100 Third-Party Logistics Provider list for 2021.

PayPal beats Q2 2021 earnings estimates, misses on revenue

The Supply Chain Journal

Total second-quarter revenue jumped 19% year-over-year for PayPal ( NASDAQ: PYPL ), falling slightly short of analyst expectations. The company’s shares saw an 8% drop after the close. The company said net revenue was $6.24

4 Critical Steps to Build into Your Digital Logistics Strategy

Up your logistics game by empowering your supply chain with AI-powered analytics, real-time collaboration, IoT-enabled track and trace, and cognitive decision-making to achieve digital logistics success. Build your strategy around these 4 critical steps.

Are Millennials Interested in Logistics?

Trinity Logistics

When you hear the word logistics, what jobs come to mind? Most people picture a truck driver over the road or someone stocking shelves in a warehouse. Because of this, many millennials don’t consider a career in logistics.

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EVgo and Santa Monica Bring in New EV Vehicle Chargers

NGT News

EVgo Inc., a public fast-charging network for electric vehicles, recently installed eight new EVgo public fast chargers in Santa Monica, Calif. The new EVgo chargers will provide zero-emission charging through EVgo’s network, supporting the City of Santa Monica’s Electric Vehicle Action Plan.

2 Port Houston terminals remain closed due to hardware failure

The Supply Chain Journal

Port Houston halted operations Tuesday at its two main public container terminals due to a major hardware failure, officials said. The issues at the Bayport and Barbours Cut terminals were first reported Tuesday, just before the gates were set to open at about 7 a.m.

Leaders Named for LG and Magna’s Joint Venture Agreement

NGT News

LG Electronics (LG) and Magna International Inc. Magna) are partnering to launch LG Magna e-Powertrain, which will be headquartered in Incheon, South Korea.

Highways, ports get $2B boost in Biden infrastructure deal

The Supply Chain Journal

A bipartisan group of senators negotiating with President Joe Biden boosted new funding for highway and port infrastructure each by $1 billion from an initial framework announced in June, according to a new fact sheet released by the White House.

Is Digital Procurement Transformation Delivering on the Promise?

Is your digital transformation working, or is it still a work in progress? Download this report, from a GEP-sponsored survey from ISM, to check your performance and see how your peers are reaching their transformation goals.

Share Purchase Focuses on Advancing Hydrogen Refueling System

NGT News

PowerTap Hydrogen Capital Corp. has acquired a 49% ownership stake in Aberdeen International Inc.’s s AES-100 Inc. AES is an electrochemical technology that selectively recovers high-purity hydrogen from dilute syngas streams.

Relay Payments plans to raise $60M for lumper remittance platform

The Supply Chain Journal

After quietly raising $43 million over the last six months of 2020, Relay Payments is on its way to raising an additional round for its electronic payment platform. According to a filing with the U.S.

$60 Million Awarded for Advancements in Zero Emissions Vehicles

NGT News

The U.S. Department of Energy (DOE) is awarding $60 million for 24 research and development projects aimed at reducing carbon dioxide emissions from passenger cars and light- and heavy-duty trucks.

Beyond the buzzword: Culture fit promotes successful tech partnerships

The Supply Chain Journal

“Culture” has become a buzzword synonymous with impassioned mission statements and quirky office perks. In reality, culture goes far beyond ping pong tables and casual Fridays. When a company defines their culture, they are defining their values.

Cognitive Manufacturing: 4 Strategic Pillars That Drive Successful Outcomes

Manufacturers are eagerly embracing Industry 4.0 to gain end-to-end supply chain visibility, reduce OpEx spend, improve asset health and accelerate time to market. Explore the 4 strategic pillars that drive successful cognitive manufacturing outcomes.

Why self-driving trucks aren't putting drivers out of work yet

Overdrive Online

Big tech firms have been promising an autonomous trucking revolution for years now, but even with billions poured into the technology, manned trucks still rule. Here's when, and how, that could change. Equipment

FreightWaves Classics: Fallen Flags – Denver & Rio Grande Western Railroad (Part 1)

The Supply Chain Journal

There are many people interested in former transportation companies, whether they were trucking companies, railroads, airlines or ocean lines. They are called “fallen flags,” and the term describes those companies whose corporate names have been dissolved through merger, bankruptcy or liquidation.

The 411 on Social Proof

Ship Monk

Think of the last time you purchased a product or service based on the recommendation of a friend, family member, or your favorite social media influencer. While social proof may sound like a fancy marketing term, the truth is that we’ve been reliant on it since the dawn of time.

Thefts on the rise: How camera technology acts as security system

The Supply Chain Journal

Statistically speaking, summertime has the highest frequency of vehicle theft, which is why the National Highway Traffic Safety Administration declared July as Vehicle Theft Prevention Month.

Just in Time vs. Just in Case: What’s the Way Forward for Supply Chains?

Just-in-time supply chains worked just fine — until they didn’t. Is more inventory the answer? It’s not a binary solution. Read this latest GEP paper to learn how enterprises can ensure adequate supplies without running excess inventory.

A 'High Maintenance' flagship: Don Wood's '03 Pete turning heads this show season

Overdrive Online

Looking for some sort of diversion in the depths of the upper-Midwest COVID wave back in October of 2020, DSD Transport small-fleet owner Don Wood took this 2003 Peterbilt 379 and began to rebuild it from the bare frame to what it is today. Custom Rigs

Xpress Global Systems acquires LTL Delta Distribution

The Supply Chain Journal

Aterian Investment Partners, a private investment firm, through its portfolio company Xpress Global Systems LLC, has acquired Delta Distribution/Michigan Carpet, a specialized flooring less-than-truckload company headquartered in Grand Rapids, Michigan. The deal was announced Wednesday.

New $1.2 trillion infrastructure deal pleases truckers; human infrastructure ahead

Logistics Management

As expected, a bipartisan framework for a $1.2 trillion infrastructure deal was reached by a group of 20 or so senators—enough to entice at least 10 Republicans when it comes for a vote in the full Senate

Groups 104

Trimac Transportation acquires digital broker Zengistics

The Supply Chain Journal

Canadian bulk carrier Trimac Transportation announced Wednesday it has acquired technology-driven freight brokerage Zengistics Inc. Terms of the deal were not disclosed.

Rethinking Supply Chain Risk: New Threats Demand New Tools and Strategies

Companies like Bayer AG and Akamai coped with recent supply chain disruptions much better than their peers. What did they do differently? Read this new HBR – GEP report on new tools and strategies to mitigate supply chain risk.

STB addresses Class I railroad CEOs regarding international intermodal supply chain issues

Logistics Management

In the letter, Oberman expressed his concern regarding persistent problems with congestion in the international supply chain, as well as significant container storage fees shippers are being required to pay in order to receive their containers

Old Dominion wants truckload freight to spill over onto someone else

The Supply Chain Journal

Old Dominion Freight Line Inc. has sent a message to truckload carriers that want the LTL operator to haul their so-called spillover freight: Don’t call us and we probably won’t call you.

MIT’s Supply Chain Sustainability Report features KPMG insights

Logistics Management

The report’s authors had expected COVID-19 might dampen companies’ enthusiasm for investing in SCS, but the latest survey shows the opposite occurred

Survey 104

Biden spotlights computer chip shortage on visit to Mack Trucks plant

The Supply Chain Journal

President Joe Biden highlighted a production problem that Mack Trucks and other truck manufacturers have been facing this year because of a global shortage of computer chips that enable engine operations.

Leverage SAP IBP to Drive Planning Transformation

Today, traditional SAP IBP deployments are not enough. You need to assure you are leveraging its maximum potential to truly transform planning. And to reduce costs, improve visibility and insight, and advance digitalization to gain competitive advantage.