Tue.Jun 27, 2023

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Creating a Conscious Supply Chain

Logistics Viewpoints

Across enterprises and boardrooms, companies are looking for solutions that not only address their business today, but the world around them tomorrow. Investors, customers, and other stakeholders are paying closer attention to the companies they do business with, asking that they not only make decisions that improve operations, but also decrease the negative effect on their environment and community: a supply chain with a conscience.

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The Key to Effective Vendor Selection in Transportation Logistics Technology

Talking Logistics

In software development, there is an adage that if you identify and correct a bug in early-stage design, it costs you a penny, a nickel in development, a dime in test, and after release, a dollar. Essentially, the later you identify a bug, the more costly it is to fix; therefore, organizations adept at building. Read more The post The Key to Effective Vendor Selection in Transportation Logistics Technology appeared first on Talking Logistics with Adrian Gonzalez.

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Trending Sources

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Project to establish ammonia bunkering for Norwegian offshore sector

Supply Chain and Logistics

This is the kind of cooperative project that can provide success in ESG innovation. It’s a sort of ‘green corridor’ project, with a network of bunkering terminals, and ships to service offshore oil operations in the Norwegian Continental Shelf.

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Leading a Team as a Freight Agent

Trinity Logistics

Are you leading a team within your Freight Agent office and want to be a more effective leader? Do you often feel like you don’t have the time? There may be issues with the way you’re running the team. I don’t mean to be harsh, and I certainly don’t mean to imply that you’re not doing enough. If you look at the bigger picture, the issue is probably the opposite: you’re probably doing too much.

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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Independent Debbie Desiderato's keys to trucking success

Overdrive Online

Her 27 years in trucking and two decades as an independent have played out in numerous niches, leading her to where she is today, hauling for a direct shipper customer pulling a van, and hauling logs as a side gig.

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Yellow suing Teamsters union for $137 million

Commercial Carrier Journal

Yellow has maintained that without a union-backed makeover of its LTL network, the company will not survive.

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ResGreen and ProGlove Agree to Technology Partnership

Supply Chain Brain

ResGreen will integrate its BotWay Software and LilBuddy AMRs into ProGlove’s wearable hands-free barcode scanners, increasing the productivity of supply chains, assembly lines and logistics centers.

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Do You Know Your Highway System?

Women in Trucking

Warmer seasons bring orange cones and constructions signs to our nation’s highways. Although these barriers might be frustrating, they are needed to maintain nearly 50,000 miles of interstate highways.

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Hungarian Minister Warns Against China 'De-Risking'

Supply Chain Brain

“Political leaders in Europe. are interested in so-called decoupling or de-risking. Which, to be honest, according to our understanding, would be [economic] suicide,” said Hungary’s Foreign Minister.

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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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How Machine Learning Optimizes the Supply Chain

TransAudit

The supply chain, an integral part of modern commerce, continues to evolve, learning from the impacts of industry trends and global events over the years. One of the most profound technologies influencing this evolution is machine learning (ML), a subset of artificial intelligence (AI) that’s proving instrumental in enhancing various areas of supply chain operations.

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What to Consider Before Making Generative AI a Part of Your Procurement Strategy

Supply Chain Brain

Generative artificial intelligence is coming, and the ability of procurement organizations to adopt it quickly, safety and securely could be key to their success in 2023 and 2024.

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June 27, 2023 Update

Freightos

Blog " * " indicates required fields Email * More Resources Home June 27, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Judah Levine June 27, 2023 Unbox your Freight knowledge.

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How to Promote Sustainability in the Distribution Industry

Supply Chain Brain

As consumers demand more sustainable practices, and governments increase regulations, businesses must promote environmental responsibility, and change how they operate.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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Leading a Team as a Freight Agent

Trinity Logistics

Are you leading a team within your Freight Agent office and want to be a more effective leader? Do you often feel like you don’t have the time? There may be issues with the way you’re running the team. I don’t mean to be harsh, and I certainly don’t mean to imply that you’re not doing enough. If you look at the bigger picture, the issue is probably the opposite: you’re probably doing too much.

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Loadsmart Introduces A.I. to Its Freight Management Platform

Supply Chain Brain

The new feature enables shippers to interact with the ShipperGuide platform “as if they were talking to colleagues,” according to a statement from Loadsmart.

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New BlueGrace Logistics Index highlights industry sentiment for Q3 inventories, revenues, and orders

Blue Grace Logistics

LCI Highlights Industry Sentiment for Q3 Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - June 27, 2023 New BlueGrace Logistics Index Highlights Industry Sentiment for Q3 Inventories, Revenues, and Orders Jeff Berman | Logistics Management June 27, 2023 The new edition of the BlueGrace Logistics Confidence Index , which was recently released by Tampa, Fla.

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Sinking Global Trade Hurts Asia, Helps Western Countries

Supply Chain Brain

In May 2023, exports from South Korea were down 11% over the last 12 months when compared to levels recorded during September 2022.

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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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Veterans and Trucking

Women in Trucking

Becoming a commercial truck driver offers veterans an opportunity to balance their work and home lives while continuing to strive for safety and security.

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European Gas Advances as Market Focuses on Outages, Hot July

Supply Chain Brain

"Temperatures above the norm across Europe could potentially increase energy demand for cooling purposes,” said Energi Danmark in a note.

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Celebrating WIT’s Char Pingel

Women in Trucking

We’re excited to celebrate and honor Char Pingel, who retired from the Women In Trucking Association (WIT) last month. Char was instrumental in establishing WIT in 2007 with Ellen Voie and over the last 16+ years has been foundational in the growth and expansion of WIT’s membership, programs and presence. She’s had many roles and responsibilities over the years, including Director of Member Services, where she has engaged with thousands of WIT members and collaborators over the years.

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China Prepares to Sell Cotton from Reserves on Supply Concerns

Supply Chain Brain

China imported just 490,000 tons of cotton during the first five months of 2023, half the amount compared to the same period in 2022.

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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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Shippers: Have you considered contracted or outsourced fleets?

Locus

Transportation networks form the vital nerve center for every delivery-focused organization. Even the industry’s titans, who boast sizable in-house fleets, often find themselves outsourcing orders to third-party carriers due to overwhelming volumes and the absence of logistical infrastructure in specific areas and countries. However, it’s not merely these reasons that should prompt delivery organizations to consider strategic partnerships with external transport providers.

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Gather AI Adds 25 Customers Following Ware Acquisition

Supply Chain Brain

Since the company was founded in 2018, Gather AI's software has been able to recover more than $1 million in lost inventory.

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Benchmark Ocean Freight Container Rate to Avoid Overpaying

I.C.E. Transport

Over the past year, we’ve seen container rates plunge more than 75% due to slackening demand for capacity. If you’re a global shipper – large or small – you’re likely already reaping the benefits as ocean carriers and freight forwarders slash their prices to match market rates. But how do you know if you’re getting the best deal?

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Why Transportation Cybersecurity is a Team Sport

MercuryGate

When it comes to protecting internal data and systems from hackers, security relies on all of us working together. Transportation cybersecurity threats are everywhere and constantly evolving. No industry is less a target than any other. If a cybercriminal can find a way in, they’ll take it. The post Why Transportation Cybersecurity is a Team Sport appeared first on MercuryGate International.

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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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Optimizing Rail Freight with Rail Management Services

CLX Logistics

In the realm of rail freight transportation, businesses often encounter a myriad of challenges when dealing with railroads. From poor customer service to compliance and maintenance issues, navigating the complex rail landscape can be daunting. However, a solution to these frustrations exists with the expertise of an experienced rail service management partner.

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Orders for U.S. Business Equipment Increase for a Second Month

Supply Chain Brain

The value of core capital goods orders increased by 0.7% during May after a downwardly revised 0.6% gain during April 2023, according to Commerce Department figures.

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Dexory Raises $19M for Warehouse Visibility

Logistics Business Magazine

Dexory has secured $19 million in Series A funding led by leading European VC firm Atomico, with participation from existing investors Lakestar, Kindred, Capnamic, and Maersk Growth, the investment arm of the global logistics and container shipping company, Maersk. As part of this investment Atomico Partner Ben Blume will join Dexory’s board of directors.