Fri.Sep 10, 2021

Big customers carry risks and rewards alike

Truck News

Every freight sales rep wakes up in the morning hoping today’s the day they close that massive deal — the one that’ll double the fleet size and their commission cheques all at once. But sometimes you have to be careful what you wish for.

How to Use Warehouse Labels Effectively

Cyzerg

Warehouse labels can help you streamline operations and increase overall productivity if they are used effectively. Storage facilities tend to be of considerable size, and stock items can be challenging to find if there are no labels to guide employees to their whereabouts.

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The day after: Trucking ponders what vaccination mandate means for industry

The Supply Chain Journal

(John Gallagher, FreightWaves’ Washington correspondent, also contributed to this article.). In the first 24 hours of speculation regarding how President Biden’s COVID-19 vaccine mandate would impact the trucking industry, an unusual sentiment developed in some quarters: excitement.

ABM Supports New York City Electric Bus Initiative Infrastructure

NGT News

ABM has initiated a project with the New York Power Authority to support their electrification of New York City Transit (NYCT) buses and planned reduction of greenhouse gas emissions.

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4 Critical Steps to Build into Your Digital Logistics Strategy

Up your logistics game by empowering your supply chain with AI-powered analytics, real-time collaboration, IoT-enabled track and trace, and cognitive decision-making to achieve digital logistics success. Build your strategy around these 4 critical steps.

Yellow’s tonnage trends lag peers again

The Supply Chain Journal

Less-than-truckload carrier Yellow Corp. announced tonnage declines for the first two months of the third quarter. The company saw tonnage per day decline 5.7% year-over-year in July, accelerating to down 8.5% in August. Yellow’s ( NASDAQ: YELL ) volume declines were up against easier comps (-4.3%

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Adapting to the future of final mile

The Supply Chain Journal

It’s not uncommon for living rooms to double as an entertainment space and office these days.

Avoid Vehicle Fleet Breakdowns With These Tips

RasTrac

When one of your fleet vehicles suffers a breakdown, your whole business suffers with it. One less vehicle means reaching fewer customers than planned, which starts a chain reaction that results in lost revenue and overall decreased productivity.

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Promise fulfilled: UPS buys into same-day delivery with Roadie

The Supply Chain Journal

UPS is jumping into the same-day delivery game, announcing Friday that it is acquiring Roadie. Terms were not disclosed. The transaction is expected to close in the fourth quarter of 2021.

U.S. rail carload and intermodal volumes are mixed, for the week ending September 4, reports AAR

Logistics Management

Rail carloads—at 228,203—saw a 2.6% annual gain, trailing the week ending August 28, at 234,661, and the week ending August 21, at 230,754

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Is Digital Procurement Transformation Delivering on the Promise?

Is your digital transformation working, or is it still a work in progress? Download this report, from a GEP-sponsored survey from ISM, to check your performance and see how your peers are reaching their transformation goals.

Container sector is so hot that ships rent for $200,000/day

The Supply Chain Journal

You can buy a brand-new Ferrari starting at $250,000. To rent a 12-year-old container ship for a mere three months, it could cost you a lot more than that: as much as 68 new Ferraris.

Most recent Freight TSI reading, for July, is mixed, reports BTS

Logistics Management

The July reading—at 134.5—fell fell 1.6% from July, seeing a decline for the third consecutive month. And compared to July 2020, it eked out a 0.5%

Echo Global being acquired by private equity firm Jordan Co.

The Supply Chain Journal

It looks like Wall Street was undervaluing Echo Global Logistics. In a deal announced Friday morning, the private equity firm Jordan Co., which has 3PL experience in an earlier ownership of GlobalTranz, said it was acquiring Echo for $48.25 per share.

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Why Accounting Visibility Promotes Back Office Savings

Turvo

Accounting visibility is a term that can get thrown around a lot when it comes to logistics service providers. Within the modern-day shipping network and supply chain, one area that becomes overlooked is the back-office processes that take place daily.

Cognitive Manufacturing: 4 Strategic Pillars That Drive Successful Outcomes

Manufacturers are eagerly embracing Industry 4.0 to gain end-to-end supply chain visibility, reduce OpEx spend, improve asset health and accelerate time to market. Explore the 4 strategic pillars that drive successful cognitive manufacturing outcomes.

Undervalued broker Echo punches out at a premium

The Supply Chain Journal

Freight brokerage Echo Global Logistics announced Friday that it would be taken private by middle-market private equity shop The Jordan Co. TJC) in a deal valued at $1.3 billion.

How low-code / no-code can be used in ERP

SYSPRO Smarter ERP

The pandemic not only spurred significant digital transformation but also accelerated the adoption of low-code and no-code software, driven by the urgency of the application challenges that organizations faced to address operational and customer needs, and which IT was unable to meet due to workloads.

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Drone Disruptors: Flytrex is bringing drones to your backyard

The Supply Chain Journal

The world’s largest companies have been pushing drones as a delivery method of the future for nearly a decade now. The thing is, those same companies are starting to pull back.

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SupplyChainBrain to Partner with Procurement Leaders for Americas Procurement Congress

Supply Chain Brain

Procurement Leaders Americas Procurement Congress will take place on 21-23 September, 2021

Just in Time vs. Just in Case: What’s the Way Forward for Supply Chains?

Just-in-time supply chains worked just fine — until they didn’t. Is more inventory the answer? It’s not a binary solution. Read this latest GEP paper to learn how enterprises can ensure adequate supplies without running excess inventory.

Container boom continued in August for South Carolina ports

The Supply Chain Journal

Container volumes didn’t back down in August, with volumes 12% higher at the Port of Charleston than they were a year ago, the South Carolina Ports Authority said Thursday. At the Port of Charleston’s three terminals — the Wando Welch Terminal, the North Charleston Terminal and the Hugh K.

DOT Regulations for eTicketing: How Software Helps

Trux

Even before COVID-19 and the rising need for social distancing, some states were making changes to modernize their DOT regulations. One of those improvements is the adoption of eticketing. digital load slips dot eticketing

On 20th anniversary of 9/11, trucker remembers time at ground zero

The Supply Chain Journal

On the 20th anniversary of the 9/11 attacks, truck driver Russell Vereen reflects on the 205 days spent working at a refrigerated trailer morgue at ground zero, ensuring the trailers were fueled and running and storing the remains that medical personnel worked tirelessly to identify.

Podcast | A Portrait of the Post-Pandemic Grocery Shopper

Supply Chain Brain

What is this creature whom we call “the post-pandemic grocery shopper”

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Rethinking Supply Chain Risk: New Threats Demand New Tools and Strategies

Companies like Bayer AG and Akamai coped with recent supply chain disruptions much better than their peers. What did they do differently? Read this new HBR – GEP report on new tools and strategies to mitigate supply chain risk.

What external freight makes sense for Amazon’s network?

The Supply Chain Journal

This is an excerpt from Thursday’s (9/9) Point of Sale retail supply chain newsletter sponsored by ArcBest. During peak holiday season 2013, Amazon ran into major roadblocks.

Short-Circuiting the Global Semiconductor Shortage

Supply Chain Brain

How can we reengineer the chip supply chain to ensure the right inventory gets to the right place at the right time

Vaccine mandates and big companies — The Stockout

The Supply Chain Journal

The Bidenadministration has taken a firm stance on several issues that will affect CPG companies around the industry.

Shippers and forwarders deride CMA CGM’s rate cap as ‘high level torture’

The LoadStar

Freight forwarders and shippers have responded to CMA CGM’s pledge to stop spot rate increases until 1 February with a raised level of cynicism.

Leverage SAP IBP to Drive Planning Transformation

Today, traditional SAP IBP deployments are not enough. You need to assure you are leveraging its maximum potential to truly transform planning. And to reduce costs, improve visibility and insight, and advance digitalization to gain competitive advantage.