Fri.Jan 08, 2021

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.

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.

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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).

Procurement Considerations for Heavy Machinery and Parts

SIPMM Professional Publications

The purpose of identifying and selecting an appropriate procurement consideration is to find the best way to obtain the solution and result to satisfy the needs of the end user for obtaining the most advantageous pricing and contractual conditions through a competitive process.

New Buyer's Guide for Supply Chain Network Design

Many companies are looking to redesign their supply chain network to lower costs, improve service levels and reduce risks in the new year. To do this, teams are finding that they need to perform network assessments more regularly and in-house. Scenario modeling is emerging as a key capability. To help you start 2021 strong, we updated our popular Buyer's Guide for Supply Chain Network Design Software with research insights and learnings.

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

More Trending

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.

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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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.

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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The Five Worst Practices in Procurement

The GEP white paper lists 5 common mistakes that impede the success of procurement professionals. Learn from industry veteran Bill Huber about the wrong and right ways to approach a procurement mandate and why just saving money isn’t enough. Download this report now to learn how to avoid the worst procurement practices.

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

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 based retail container ports handled 2.11 million Twenty-Foot Equivalents (TEU), marking a 24.5% annual gain and. slide from October’s 2.21

With air cargo rates set to remain sky high, shippers need to plan carefully

The LoadStar

Accurate forecasting by shippers will be crucial to manage their shipping requirements – and costs – efficiently, as air freight rates look set to remain high this year.

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

How Georgia-Pacific Turned Their Supply Chain into a Competitive Advantage

Georgia-Pacific, one of the world's leading manufacturers of tissue, pulp and paper and supplier to top brands like Brawny, Angel Soft and DIXIE, trusts ClearMetal for their supply chain requirements. Read the case study to hear how one company turned the reliability and transparency of its supply chain into distinct competitive advantages.

Covid, costly airfreight and box shortages pushing forwarders to LCL options

The LoadStar

Sky-high airfreight rates and the global container shortage are driving demand for less-than-container load (LCL) shipping services.

LSP Saves Customer $1.5 Million a Year With MPO Global Inbound Management

Supply Chain Brain

Challenge: A multinational oil and gas company relied on thousands of suppliers worldwide — including remote partners in Azerbaijan, Alaska and Angola — for time-critical materials.

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.

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

Use Chaos to Build a Stronger Organization

Speaker: Stacey Harris, Chief Research Officer & Managing Partner at Sapient Insights Group

As we look to tomorrow, it is time to ask ourselves what lessons have we learned and how do we create flexible organizations that can survive what the future holds. Stacey Harris, Chief Research Officer for Sapient Insights Group, will share insights, data, and tools that are helping organizations adapt and even thrive in this difficult environment. She’ll discuss the emerging trends in the Learning technology market, and how these exciting new approaches to creating micro, adaptive, and personalized content is changing the face of workforce development while creating strong connections to business outcomes.

Logistics on steroids: Keep it rolling – early 2021 laggards & leaders

The LoadStar

Earlier this week, Premium highlighted the truly outstanding stock market performance of Mainfreight, a 3PL based in Auckland – one of the best, albeit smaller players, out there. Have we reached that ‘beyond rational‘ moment yet? God only knows. Rising star.

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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

HHLA launches transformation of Trieste terminal into ro-ro and box hub

The LoadStar

The push for Adriatic container ports to compete with North European terminals for market share in Central and Eastern Europe took another step forward this week.

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

Webinar on Demand: Resilient Supply Chain Network Design

Speaker: Bhomik Jain, Paul van Nierop & Aanand Pandey

Companies around the world are struggling to cope with COVID-19 disruption. Are supply chain networks resilient enough to weather the storm? Watch this webinar to learn about our research findings in the realm of network design and optimization, and uncover the capabilities you need to build resilience and agility.

New customs systems ‘not up to speed’, sparking NI truck shortage fears

The LoadStar

Northern Ireland continues to bear the brunt of changes brought about by Brexit as concerns over truck shortages grow.

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.

Boeing’s $2.5bn fine for 737 Max lies ‘a mere slap on the wrist’

The LoadStar

Boeing faces a fine of $2.5bn after being criminally charged with conspiracy to defraud the US, for lying to the FAA regarding the 737 Max.

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.

The Best Sales Forecasting Models for Weathering Your Goals

Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!