Mon.Feb 14, 2022

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Analysis: Are Shipping Companies Further Flaring Up Inflation?

MTS Logistics

One of the key factors in inflation is the cost of goods and services. Covid and its impact have recently caused almost the entire world to face inflation. Rates for 40-foot containers from Asia to the U.S. rose above $20,000 last year, up around $14,000. For comparison, the rate was around $2,000 a few years ago. In addition, limited container capacity and port congestions mean that the long-term charges agreed in contracts between carriers and shippers will be an estimated 200% higher than the

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Tesla Achieves the Top Ranking in the ARC Industrial Digital Transformation Top 25 Special Report

Logistics Viewpoints

ARC’s Industrial Digital Transformation Top 25. ARC Advisory Group, where I work, recently announced the publication of their analysis of the 25 manufacturers with the most mature digital transformations. The report identified the leaders and highlighted best practices. This is the inaugural edition of the report. The ARC Industrial Digital Transformation Top 25 report highlights the leading manufacturers that excel at integrating digital technology into all areas of their business, fundam

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Managing Operating Costs in the Chemical industry

Trinity Logistics

The chemical industry serves as support for many other industries, like agriculture, automotive, construction , and pharmaceuticals. According to an American Chemistry Council report, 96 percent of all manufactured goods trace back to chemical manufacturers. Chemical manufacturers often process raw materials into refined products used in other industries or within the chemical industry.

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What goes into calculating your trucking insurance premium rate? Most of it is firmly under your control

Overdrive Online

Insurance agent/longtime owner-operator W. Joel Baker breaks down why his own first annual trucking insurance premium was so high when he got authority -- most of the factors that go into an insurance rate are under your control.

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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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Allison Transmission Delivers Electric Hybrid Buses to Southern Nevada Transit Coalition

NGT News

Allison Transmission has delivered electric hybrid-equipped buses to Southern Nevada Transit Coalition, a public transportation system in Laughlin, Nev. New Flyer integrated Allison’s H 40 EPTM electric hybrid propulsion system into these new buses. The system improves fuel consumption by up to 25% versus a conventional diesel bus, and reduces CO2 emissions.

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Cummins to Take Unified, Fuel-Agnostic Approach to Engine Design

NGT News

Cummins Inc. has announced plans to expand its powertrains into unified, fuel-agnostic engines that will be able to run on a range of lower-carbon fuel types. The company says these platforms will use engine blocks and core components that share common architectures, but optimized for different fuels, such as natural gas and hydrogen. “Having a […].

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Auto Suppliers Cry Foul, Saying Carmakers Want a Bigger Cut

Supply Chain Brain

The anti-vaccine protests that choked off a critical trade route between the U.S. and Canada last week are just the latest drama for an auto supply chain increasingly fraught with tension.

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New York Transit Authority Signs Bus Agreement with New Flyer

NGT News

NFI Group Inc.’s New Flyer of America Inc.’s subsidiary has received a new contract from the New York City Transit Authority (NYCT) for 60 battery-electric, zero-emission Xcelsior CHARGE NG 40-foot heavy-duty transit buses. The order is supported by Federal Transit Administration (FTA) funds and advances NYCT’s goal to reduce New York City’s carbon footprint through […].

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U.S.-Mexico Spat Threatens Avocado Shortage

Supply Chain Brain

The great avocado affair of 2022 began with a little-noticed weekend press release from Mexico’s Agriculture and Rural Development Ministry. The U.S. was shutting down imports of avocados from Mexico’s top producing region because one of its inspectors received a threatening phone call.

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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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General Motors Doubles Climate Equity Fund for EV Transitioning and Tech

NGT News

General Motors (GM) is expanding its philanthropic commitment to equitable climate action by doubling its Climate Equity Fund, dedicating a total of $50 million to help close equity gaps in the transition to electric vehicles (EV) and other sustainable technology. This is in addition to the company’s commitment to invest $35 billion globally in EV […].

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Watch: Extending ESG Compliance Across the Entire Supply Chain

Supply Chain Brain

Brandon Owens, vice president sustainability with Insight Sourcing Group, describes the challenge of meeting environmental, social and governance (ESG) requirements in global supply chains, especially with regard to measuring the carbon emissions of independent vendors and suppliers.

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Benteler, Beep, Mobileye Look to Launch Autonomous Movers in the U.S. in 2024

NGT News

Benteler EV Systems, Beep Inc. and Mobileye, an Intel Company, are developing and deploying automotive-grade, fully electric, autonomous movers in public and private communities across North America. Aimed at first- and last-mile use cases in urban areas, the shuttles are due to begin production deployments in the United States in 2024. The companies will facilitate […].

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Protesters to End Border Blockades as Trudeau’s Threats Hit Home

Supply Chain Brain

Vaccine-mandate protesters at two border crossings in Western Canada plan to leave after Prime Minister Justin Trudeau’s government invoked emergency powers that could freeze their bank accounts and suspend their insurance.

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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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NREL, Joint Office Introduce Interagency National EV Charging Network Collaboration

NGT News

National Renewable Energy Laboratory (NREL) researchers will contribute their expertise in electrified transportation systems to help create a new federal office focused on strategically and equitably expanding electric vehicle (EV) charging infrastructure throughout the United States. The Joint Office of Energy and Transportation (Joint Office) is an interagency collaboration between the U.S.

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Kane Logistics enters into agreement to be acquired by ID Logistics

Kane is Able

Kane Logistics is pleased to announce that its ownership group, Harkness Capital Partners has entered into a purchase and sale agreement to sell our great company to a very prestigious, global logistics company, named ID Logistics.

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Freight Tech Leaders Join Tier-1 VCs in Accelerating Parade’s Vision for Freight

Parade

Investor Syndicate Brings Together the Best Technology and Experts to Transform How Freight Moves Across America. San Francisco, CA — February 14, 2022 — Parade, the leader in carrier access and the truckload capacity management platform software for freight brokers, creates an investor syndicate of the best and brightest minds in technology and freight to transform the industry with last week’s $12.7M Series A funding round.

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PierPass shelves permanent TMF plan as Long Beach calls for 24/7 supply chains

Supply Chain and Logistics

The problem with 24/7 operation at ports is that no one wants to pay for it.

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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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With Inflation on the Rise, Retailers Turn to AI to Aid in Pricing Strategy

Supply Chain Brain

The return of inflation is placing retailers in a terrible quandary.

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Taking Supply Chain Visibility to the Next Level with IoT

CH Robinson Logistics

Today’s consumers are very particular about their supply chain experience. They want to know how their order is progressing through every stage of the journey in a global and dynamic environment. Speed, flexibility, and consistency are not only expectations but demands, which make supply chain execution and visibility vital to delivering a positive customer experience. .

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ELOKON expands into France

Logistics Business Magazine

Sophie Gauthier has been appointed to the newly created role of Sales Manager France at ELOKON , a leading supplier of safety and assistance systems for intralogistics and automation technology. Having worked in the materials handling and robotics industry for several years, Sophie brings a wealth of knowledge with her. This significant appointment mirrors a noticeable increase in demand for ELOKON’s award-winning safety and warning solutions for forklift trucks, AGVs and mobile robots in the Fr

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The Safety of Blast Freezers

FW Logsitcs

Are you looking for a way to store your food in a safe environment? Blast freezing allows you to freeze and store food to provide your customers with a higher quality product. What Is a Blast Freezer? Blast freezers , also referred to as shock freezers or blast chillers, are a type of freezer that rapidly brings down the temperature of any food or fresh produce in it, freezing it much faster than any other type of freezing process.

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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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Driving brand loyalty with sustainable supply chains

Logistics Business Magazine

The Covid-19 pandemic and the 2021 COP26 summit have sped up sustainability awareness around the world, increasing pressure on companies to make meaningful changes to operations, writes Christos Chamberlain, Flexport ’s UK General Manager. The pandemic has impacted multiple industries, and some such as e-commerce companies saw significant benefits as online shopping spending grew.

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New Canadian LTL Freight Rate Update

Freightera

See our new LTL freight rate update and increased coverage for Ontario, Alberta, British Columbia, and Manitoba. All the rates are for 1 skid 48 x 48 x 48″, 500 lbs: From Squamish, BC to Calgary, AB. Was $255.23 CAD. Now: $249.62 CAD. From Thunder Bay, ON to Calgary, AB. Was $377.66 CAD. Now: $262.50 CAD. From Camrose, AB to Vancouver, BC. Was $275.01 CAD.

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RFID brings improved inventory management to retail

Logistics Business Magazine

The use of RFID offers a whole range of advantages, two of which clearly stand out: precision and speed. DENSO explains what this means for the retail sector. From inventory control to increasing sales and reducing inventory costs, RFID has a positive impact on various aspects in retail. Even though RFID is not a new concept – a patent for the first RFID tag was developed as early as 1973 – a lot has changed, especially with the increased use of mobile computers, mobile data collection, and the

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Penske Logistics Director Cristy Sinclair Named Supply Chain Rock Star by Food Logistics Magazine

Penske Move Ahead

Cristy Sinclair, the first-ever Penske Logistics director of food safety, has been recognized as a 2022 Rock Star of the Supply Chain by Food Logistics magazine. The honor recognizes influential individuals whose achievements, hard work and vision have helped shape the cold food supply chain. Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive, stated: “Within the last 18 months or so, the cold food chain has seen a lot of rock stars rise to the occasion.

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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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The Parallel Systems Story with Matt Soule

The Logistics of Logistics

The Parallel Systems Story with Matt Soule. Matt Soule and Joe Lynch discuss the Parallel Systems story. Matt is the Co-founder & CEO of Parallel Systems , a company developing autonomous, battery-electric rail vehicles to move more trucking activity to rail. About Matt Soule. Matt Soule is the Co-founder & CEO of Parallel Systems , a company developing autonomous, battery-electric rail vehicles to move more trucking activity to rail.

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Deborah Dull on Inventory Thinking and How to Improve It

Logistics Bureau

In the late summer of 2020, I was honoured with the opportunity to interview supply chain guru Deborah Dull, not just once, but three times. While all the interviews are available to view on the Supply Chain Secrets YouTube channel , I decided to create some brief articles from the transcripts. After all, some people prefer to learn by reading, and in any case, you might find the transcripts helpful to cement the critical points of the interviews in your mind for future reference.

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Fuel Prices & Freight Forwarding Shipping Rates: Understanding the Relation

20Cube Logistics

Logistics costs in large part are determined by the underlying price of fuel. Over the past decade, fuel costs have dramatically increased, which has increased the cost of ocean, air and road freight. While 20Cube , a freight forwarder in Australia, goes above and beyond to streamline logistics processes and help customers save money, fuel prices are set by macroeconomic supply and demand forces beyond the control of any one industry actor.