Fri.Jan 08, 2021

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Top Ten Risks Related to Container Terminals

MTS Logistics

According to TT Club, the top ten risk categories by insurance claim costs for container terminal operators are the following: 1. Quay cranes incidents. In container operations, the crane that is usually positioned near the edge of the quay is both a key asset and hugely vulnerable. It has remained for several years the single most costly insurance claim, with frequent incidents involving boom collisions, gantry collisions or stack collisions.

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Making Carrier Relationships More Productive with Noam Frankel

The Logistics of Logistics

Making Carrier Relationships More Productive with Noam Frankel. Noam Frankel and Joe Lynch discuss making carrier relationships more productive. Noam is a transportation industry veteran who has always advocated for building solid relationships between 3PLs, brokers, and carriers. About Noam Frankel. Noam Frankel is the founder and CEO of FreightFriend, a cloud-based truckload procurement platform that helps shippers and brokers build deep carrier relationships and drive digital execution.

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AAR reports 2020 U.S. rail carload and intermodal volumes are down annually

Logistics Management

2020 carloads, which were significantly impacted by the COVID-19 pandemic, fell 12.9%, or 1,705,963 carloads, to 11,482,059, from 2019 to 2020, and intermodal containers and trailers fell 1.8%, or 255,634 units, to 13,675,417.

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Makers and Movers - Cold Chain 2021: Global Access and Distribution of COVID-19 Vaccine

Supply Chain Brain

The Makers and Movers - Cold Chain 2021 is one of the biggest global virtual summits on Global Access and Distribution of Covid-19 vaccines, happening on the 4th of February.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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Is now the time for robotic lift trucks?

Logistics Management

Though robotic industrial trucks are still a small slice of the market, expectations are growing for them as operations seek to speed up their processes while lessening the struggle of trying to find enough operators.

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Procurement Techniques to Manage Indirect Spend

SIPMM Professional Publications

Procurement departments of all companies’ sizes recognize that controlling both direct and indirect spending is an important part of keeping costs down. By creating value and promoting the sustainable competitive strength for the organizations. In the past decades, most organizations have primarily concentrated on maximizing management on direct spending.

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Watch: Why Does ESG Matter to Supply Chains?

Supply Chain Brain

A discussion about the importance of applying environmental, social and governance (ESG) considerations to global supply chains, with Jonathon Karelse, chief executive officer, and Y Nguyen, governance and risk management practice lead, with NorthFind Management.

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TruStar Unveils Plans to Continue the Heavy-Duty Transition to RNG

NGT News

TruStar Energy, a company that specializes in renewable natural gas (RNG) fuel supply for the transportation sector, has unveiled plans to continue transitioning heavy-duty U.S. transportation from diesel to lower-cost, cleaner alternatives. “The future of renewable heavy-duty transportation is here now, thanks to renewable natural gas,” says Adam Comora, president and CEO of TruStar Energy. […].

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This Week in Logistics News (January 2 – 8)

Logistics Viewpoints

Welcome back. I hope everyone had a relaxing holiday season and was able to get some much-needed rest. I know I certainly did. And luckily, unlike a large number of people out there, all of my Christmas packages arrived on time (although there were a few close calls). According to new data, while UPS, FedEx, USPS, and other carriers handled a record crush of holiday packages, some 2 million packages arrived late.

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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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Podcast | The Real Reason for Product Shortages? Not Enough Packaging

Supply Chain Brain

Many of the supply-chain shortages caused by the coronavirus pandemic have one thing in common: a lack of plastic and cardboard containers to put them in.

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2021 Trade Update: Time to shift direction?

Logistics Management

Shippers who are current on the global trade landscape are assets to their service partners and clients. Our global trade expert provides us with a review of the key trade topics that should be top of mind as we enter 2021.

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USPack Expands Pharmaceutical & Critical Parts Distribution Capabilities with Acquisition of Capital Delivery Systems

Supply Chain Brain

USPack, a national provider of high-speed final-mile logistics and a NewSpring Holdings platform company, recently announced the acquisition of Capital Delivery Systems, expanding its final-mile delivery capabilities and national footprint.

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Port Tracker reports November declines, but 2020 could still end up setting a new record

Logistics Management

Port Tracker reported for November, the most recent month for which data is available, U.S-based retail container ports handled 2.11 million Twenty-Foot Equivalents (TEU), marking a 24.5% annual gain and. 4.9% slide from October’s 2.21 million TEU, the highest-volume month on record since NRF starting tracking imports in 2002.

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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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CIF Incoterms

Globalior

What does CIF mean in international trade? CIF stands for Cost Insurance and Freight. It is included in Incoterms® 2020 and one of the most important terms to ever be introduced by the(International Chamber of Commerce or ICC. The reason for this is that the CIF value is the basis of valuation used by many Customs authorities across the world. The Customs value is the value upon which duties and taxes are levied on every shipment and getting it correct is a major Customs compliance concern.

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SEKO Logistics announces that Ridgemont Equity Partners is a new investment partner

Logistics Management

The development comes at a time when SEKO is moving forward on its next stage of expansion, focusing on additional acquisitions, technology platform investments, and continued growth in key global regions.

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Spanish Warehouse Portfolio Acquired

Logistics Business Magazine

Prologis, Inc. , the global leader in logistics real estate, has completed an acquisition agreement with Spanish REIT Colonial comprising 18 logistics facilities totalling 473,000 square metres in Madrid, Barcelona, Seville and Guadalajara. As part of the three-phased agreement, Prologis purchased two buildings in San Fernando de Henares totalling 56,000 square metres.

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FTR’s Shipper Conditions Index sees a major decline

Logistics Management

The October SCI, which is the most recent month for which data is available, dropped to -11.6, well below September’s 0.97.

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GEP Spend Category Outlook 2024

Your Roadmap to Smarter Spend Management in 2024 Geopolitical, economic and supply chain challenges will stick around in 2024, but don’t despair. There are strategic opportunities to leverage AI-powered technology and digital toolsets to overcome these hurdles more effectively. GEP experts in nearly two dozen critical categories guide you in the right direction in our annual comprehensive resource — GEP Spend Category Outlook 2024.

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2021 Logistics Outlook

Odyssey Logistics

Here are the top logistics trends that shippers should be watching during the year ahead. The global pandemic, U.S. presidential election, supply chain disruptions, and year-end vaccine rollout were just some of the high-level events that impacted logistics, supply chain, and transportation in 2020. With the calendar page now turned over to 2021, it’s time.

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Above the Fold: Supply Chain Logistics News (January 8, 2021)

Talking Logistics

Looking at the way 2021 has begun, at least here in the United States, maybe 2020 wasn’t so bad after all? The storming of the U.S. Capitol on January 6, 2021 was a very sad day in our history. Let us hope that the remaining 357 days of 2021 will bring out the best in. Read more Above the Fold: Supply Chain Logistics News (January 8, 2021). The post Above the Fold: Supply Chain Logistics News (January 8, 2021) appeared first on Talking Logistics with Adrian Gonzalez.

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This Week in Logistics News (January 2 – 8)

Logistics Viewpoints

Welcome back. I hope everyone had a relaxing holiday season and was able to get some much-needed rest. I know I certainly did. And luckily, unlike a large number of people out there, all of my Christmas packages arrived on time (although there were a few close calls). According to new data, while UPS, FedEx, USPS, and other carriers handled a record crush of holiday packages, some 2 million packages arrived late.

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[Infographic] Freight KPIs: A Quick Visual Guide to Carrier Benchmarking KPIs

FreightWaves SONAR

Carrier or trucking company performance management depends on the ability to collect and apply data to understand the real health of the business. That should sound extremely familiar. Analytics-driven processes are the go-to strategies for all freight management parties that seek to increase profitability. But there can be problems in carrier freight KPIs creation and use.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,