Wed.Sep 20, 2023

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The Broker-Carrier Summit with Dan Lindsey

The Logistics of Logistics

Dan Lindsey and Joe Lynch discuss the Broker-Carrier Summit which will be held on October 11 thru October 13 in Tampa, Florida. About Dan Lindsey Dan Lindsey is the Co-founder of Linkage Logistics and the Broker-Carrier Summit. Dan has been in the logistics industry since 2001 when he began working the preload shift for UPS. Since then, he has worked as a freight broker, operations manager, and business development leader in multiple segments of the industry.

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Overstocking: 5 Effective Strategies to Avoid It and Boost Profits

Cyzerg

Overstocking or excess inventory can be a nightmare for businesses, tying up valuable capital and taking up precious space. However, with the right approach, you can transform this burden into a lucrative opportunity. In this blog, we will provide expert tips on optimizing your inventory levels, reducing wastage, and maximizing your profits. Let’s uncover the secrets to turning your overstocked products into a goldmine.

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Mobile Robotics in the Warehouse: A Research Update

Logistics Viewpoints

My colleague Fox Chen and I just kicked-off the update to ARC Advisory Group’s research on the global mobile warehouse robotics market. Fox is located in Singapore, and I am in Boston. With a solid 12-hour time zone difference between him and me, together we should be able to speak with any robotics provider at virtually any time – we are the around-the-clock research team.

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Will there be a diesel fuel shortage in 2023?

Commercial Carrier Journal

The current mismatch of crude for refiners suggests lower prices for gasoline lie ahead, but higher prices for diesel – likely the tipping point in accelerating a trucking capacity rebalancing.

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EROAD’s Guide to Running a Sustainable Trucking Business

Over the last three decades, emissions from new trucks have been reduced by more than 98 percent. In fact, it would take 60 of today’s trucks to generate the same level of emissions from a single truck in 1988. Despite these impressive improvements, many trucking businesses continue to seek methods to achieve sustainability goals in a viable, measurable way.

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Next Stop: A Career in Trucking - Part 2

Women in Trucking

The Women In Trucking Foundation scholarship program changes lives. By offering financial support through its scholarship program, the WIT Foundation allows women to overcome financial barriers to access education and training programs, empowering them to pursue successful careers in the trucking industry. Scholarships are awarded in four categories: Leadership, Driving, Safety and Technician.

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Supply Chain Secrets – Subscriber Thank You + Giveaway

Logistics Bureau

As we approach the remarkable milestone of 70,000 subscribers here on Supply Chain Secrets, I wanted to express my deep appreciation for your consistent and steadfast support. As we embark on this new chapter, our commitment is to provide even more insightful topics. Therefore, we would greatly value your involvement in our survey. Furthermore, to amplify the excitement surrounding this significant achievement, we’re hosting an enticing giveaway!

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Supply Chain Resilience: The Crucial Intersection of Visibility and Trade Compliance

Supply Chain Brain

Today, CFOs, CIOs and general counsels are facing a reality that demands the fusion of two crucial elements: visibility to maintain the smooth flow of the supply chain, and compliance with stringent regulations.

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Jumping Fuel Costs Casts a Shadow Over Shipping and Logistics

MTS Logistics

Higher fuel prices have already been felt at the pump by consumers in the form of rising gas prices, and now shipping at-large is starting to feel the effects. Rising fuel costs have started hitting container shipping, with most carriers – large and small – feeling the pain as of today. After WTI crude prices hit a low of around $67 per barrel in June, prices rose to over $91 per barrel yesterday, September 19th.

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Kenya and Ukraine Planning “Grain Hub” to Combat African Food Insecurity

Supply Chain Brain

The leaders of Ukraine and Kenya did not provide any details on how the grain hub would be set up or how grain would be transported to Africa.

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How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal

A Fortune 500 CPG company partnered with GEP to improve end-to-end category management, optimize direct spend categories, and increase strategic focus on tail spend. GEP’s sourcing expertise and market intelligence enabled the company to centralize sourcing and order management processes, strengthen key supplier relationships, and enhance supply chain resilience and agility.

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September 20, 2023 Update

Freightos

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. More Resources Home September 20, 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.

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Happening Now: Rising fuel prices leading to higher trucking costs

West Coast and California Logistics

According to the JOC, the price of diesel fuel has increased by 20% over the last three months. This increase in fuel prices is likely to impact trucking companies and their customers as we head into the new year.

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Spy Planes to Shipping Rates: Developing the Next Generation When Nothing Is Really Broken

Freightos

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. More Resources Home Spy Planes to Shipping Rates: Developing the Next Generation When Nothing Is Really Broken Eytan Buchman September 20, 2023 Unbox your Freight knowledge. Visit our Resource Center A few weeks ago, I listened to an incredible deep-dive into the history of Lockheed Martin which, of course, read as a history of technology during the Cold War.

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Simple Ecommerce Shipping Solutions

Ship Monk

With so many literal and figurative moving parts to factor into your shipping strategy, it can be a lot for an ecommerce brand to handle alone. Luckily, ShipMonk has the perfect solution. Three words: Virtual Carrier Network. This shipping solution means our 3PL experts manage relationships, rates, and delivery times for multiple shipping carriers at once so you don’t have to.

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Navigating Uncertainty: How Technology Helps Fleets Thrive in Challenging Times

Change is a constant in the transportation industry. Amid business competition, regulatory developments, environmental concerns, and myriad other challenges, motor carriers must continually adapt to an ever-evolving operational landscape. Fleet telematics technology can help transportation businesses navigate uncertainty, gain a competitive advantage, and boost profitability.

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Watch: Omnichannel Fulfillment for Emerging Brands

Supply Chain Brain

New brands benefit by working with providers that can handle both consumer e-commerce and business-to-business fulfillment, says Austin Kreinz, founder and chief executive officer of Atomix Logistics.

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Coke Canada Bottling Debuts Volvo Electric Trucks

NGT News

Volvo Trucks North America customer Coke Canada Bottling Ltd. (Coke Canada Bottling) has unveiled its first Volvo VNR Electric trucks. The trucks are part of a six-truck pilot of electric vehicles to service their “Red Fleet” customer delivery routes throughout the greater Montreal area. Coke Canada Bottling was the first Canadian food and beverage manufacturer to […] The post Coke Canada Bottling Debuts Volvo Electric Trucks appeared first on NGT News.

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Liverpool FC and UPS Deliver Partnership

Logistics Business Magazine

Liverpool FC and UPS are proud to announce a new multi-year partnership, with UPS becoming the Reds’ first Official Global Logistics and Shipping Partner. The two iconic brands will work together to expand on the global distribution of LFC’s retail and e-commerce operations. The club will utilise UPS’ extensive logistics experience and expertise, with UPS supporting Liverpool FC’s Global Retail and eCommerce channels, allowing them to deliver a better fan experience and getting LFC merchandise i

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Hexagon Purus Opening New Facility for Alt-Fuel Vehicle Work

NGT News

Hexagon Purus is opening a new vehicle integration facility in Dallas that will significantly increase the company’s ability to support the buildout of alternative-fuel systems in various vehicle applications, including Hexagon Purus’ contract with Hino Motors. The new facility is more than 200,000 square feet and with its centralized location in the U.S. supports efficient […] The post Hexagon Purus Opening New Facility for Alt-Fuel Vehicle Work appeared first on NGT News.

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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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Transactional Insurance Acquisition Transformed

Logistics Business Magazine

Redkik, an innovative global software company and Lockton Companies, the world’s largest privately held insurance broker, are thrilled to announce a strategic partnership with McLeod Software, a provider of transportation dispatch, accounting, operations, brokerage management software, and document management systems specifically developed for the trucking industry.

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InFocus Webinar: Oasis of Opportunity: Tapping into the 3PL Potential of KSA

Locus

In the heart of the Arabian desert, Saudi Arabia is crafting a logistics revolution. As the crossroads of tradition meets modernization, 3PL in the Kingdom shines brightly. Welcome to the dynamic world of KSA’s 3PL sector, where innovation meets opportunity. In this week’s InFocus webinar series, we had the opportunity to gain key insights on 3PL and e-commerce in the Saudi Arabia region from Salah Taha.

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Dexory Announces Investment from Schenker

Logistics Business Magazine

Dexory has secured additional investment with Schenker Ventures, the corporate investment arm of DB Schenker, strengthening further their position in the market. This investment will allow greater focus on introducing the DexoryView solution across Europe and into the US in the coming months. Following the recent $19m Series A funding announcement in June, this partnership continues to strengthen Dexory’s leading position on providing real time visibility across the supply chain.

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What value-added warehousing services can a 3PL provide?

Kanban Logistics

In addition to standard warehousing operations, your third-party logistics (3PL) provider may be able to handle additional value-added services. With these services, your 3PL partner can perform – within the warehouse – many services that go beyond basic pick, pack and ship. In this article, we’ll identify and define the most common value-added warehousing services that a 3PL provider may perform.

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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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Blank Sailings Will Rise During China's Coming Holiday

Supply Chain Brain

Blank sailings peaked at 21% early on during the first few weeks of 2023 before eventually falling to 7% during weeks 36 through 40.

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Körber Celebrates Milestone with Geek+

Logistics Business Magazine

Körber and Geek+ are celebrating the third anniversary of their strategic partnership. Geek+ is one of Körber’s trusted global robotic partners, making this anniversary an important milestone in Körber’s journey to provide businesses worldwide with efficient, scalable and sustainable end-to-end logistics solutions. With more than 30 implementations in eight regions and thousands of bots successfully deployed, Körber and Geek+ continue to revolutionise warehouse operations through an extensive po

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France May Have to Keep Coal-Power Plants for Security of Supply

Supply Chain Brain

Growing demand during the energy transition will pressure supplies in the future, Reseau de Transport d’Electricite said in its 2023-2035 outlook

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Chinese Seafood Imports from Japan Fell After Release of Fukushima Water

Supply Chain Brain

Japan said that China was the world’s biggest importer of Japanese seafood in 2022 after the country acquired $571 million of seafood.

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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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J.B. Hunt Transport Buying BNSF Logistics’ Brokerage Operations

Supply Chain Brain

BNSF Logistics announced September 14 that it had signed a definitive agreement with J.B. Hunt that will be funded with cash.