Fri.May 25, 2018

article thumbnail

Space savings add up

DC Velocity

Storage solutions that maximize space don't just improve operations in the warehouse and distribution center. They can help you put more money to the bottom line too.

article thumbnail

US Capital-Equipment Orders Rise in Sign of Resilient Demand

Material Handling and Logistics

Business investment, joining consumer spending, may help support a projected rebound in economic growth this quarter as demand gets a boost from lower taxes for companies and individuals. Orders placed with U.S. factories for business equipment rebounded in April even as the prior month’s figure was revised downward, indicating resilient demand at the start of the second quarter, Commerce Department figures showed on May 25.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

NOAA forecasters predict normal to above-normal 2018 hurricane season

DC Velocity

Chance of a less active Atlantic storm season just 25 percent, agency says.

Strategy 133
article thumbnail

Blockchain continues to gain momentum in trucking

Fleet Owner

Blockchain technology is said to streamline payment transactions – and possibly eliminate the middleman – in trucking. We’ve also heard that early adopters of blockchain will have an advantage over companies who drag their feet.

article thumbnail

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.

article thumbnail

Truckstop, Chainalytics combine on database

DC Velocity

Partnership to blend spot, contract rate data in one place.

Data 100

More Trending

article thumbnail

Why People choose Professional Logistics Services for Transportation of Goods

Jayem Logistics

In the growing sector like logistics, there are plenty of organizations that offer quality logistics services to the customers that will considerably trim down a company’s operating expenses for goods transport. This reduction in cost might be unrelated for the short-distance shifting of parcels and goods, it is a very important part in long-distance goods transportation.

article thumbnail

FTR data shows market conditions remain challenging for shippers

Logistics Management

For March, the most recent month for which data is available, the SCI reading came in at -10.5, a slight improvement from the matching -11.1 readings for January and February.

Data 54
article thumbnail

BYD delivers first battery-electric truck to Port of Oakland

Fleet Owner

Trucking company GSC Logistics announced it will operate as part of a feasibility study initiated by CARB.

article thumbnail

IoT Inspired Smart Warehouses Are Reinventing Inventory Management

GlobalTranz

Everything is connected to the internet, including consumer and industrial devices and systems. The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity.

article thumbnail

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

article thumbnail

AAR reports annual U.S. carload and intermodal gains for week ending May 19

Logistics Management

On a year-to-date basis through the first 20 weeks of 2018, U.S. carloads are up 1.1% annually at 5,141,257, and intermodal units are up 5.9% at 5,443,730.

48
article thumbnail

[TALKING FREIGHT] Episode 50: Do I Really Need Full Truckload Shipping?

GlobalTranz

Author information Adam Robinson Adam Robinson oversees the overall marketing strategy for Cerasis including website development, social media and content marketing, trade show marketing, email campaigns, and webinar marketing. Mr. Robinson works with the business development department to create messaging that attracts the right decision makers, gaining inbound leads and increasing brand awareness all while shortening sales cycles, the time it takes to gain sales appointments and set proper sal

Freight 48
article thumbnail

Industry View: How to Meet GDPR Compliance and Boost Internal Security

Logistics Business Magazine

Ahead of the GDPR deadline on Sunday, a personal view by Stuart Sharp, Global Director of Solution Engineering at OneLogin: Companies are rushing to update their security protocols in line with the General Data Protection Regulations (GDPR) and change the way they handle customer data to protect the personal data and privacy of EU citizens for any transaction originating in EU member states.

article thumbnail

Olefin Trade Not Helping LPG Shipowners: Drewry

247 Customs Broker

The freight market for S/R (Handysize) vessels will remain under pressure throughout 2018 on account of strong fleet growth and weak olefin trade, according to the latest edition of the LPG Forecaster published by global shipping consultancy Drewry. . The market has been under pressure since 2017, but olefin trade growth has averaged 3.1% annually over 2012-17, down from 4.0% during 2007-12.

article thumbnail

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.

article thumbnail

Second CEO Named by Intralogistics Robotics Specialist

Logistics Business Magazine

Intralogistics robotic specialist E&K Automation GmbH has appointed Andreas Böttner in a role it calls ‘second CEO’ The 37-year old (featured on page 71 of the May 2018 issue of Logistics Business, which you can read here) has been working for EK Automation since May 2011 and initially acted as a consultant for restructuring the purchasing department.

article thumbnail

DHL Global Forwarding honored as top customer

247 Customs Broker

Lufthansa Cargo has presented the “Planet Award of Excellence” for the 2017 business year. Lufthansa Cargo presented the “Planet Award of Excellence” to DHL Global Forwarding in Frankfurt, Hesse, on Thursday. The air and ocean freight specialist of Deutsche Post DHL Group based in Bonn has thus won the award for the fifth time – a top value in the history of the prize.

article thumbnail

Tyre Sealant Deal “Huge Step Forward for the Industry”

Logistics Business Magazine

Schmitz Cargobull has assigned Ultra-Seal as its exclusive tyre sealant supplier for selected tyres of Schmitz Cargobull trailers. The partnership, which begins this month, was finalised after having performed a comprehensive testing and clearance phase of the combination of Ultra-Seal with tyres, rims and valves. The 3-year contract between Schmitz Cargobull and Ultra-Seal involves supplier warranty on tyres and rims for approved combinations when using Ultra-Seal.

article thumbnail

Baltic Index Marks Second Straight Weekly Decline

247 Customs Broker

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Friday to mark a second straight weekly decline, as rates across vessel segments fell. . The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 32 points, or 2.9 percent, at 1,077 points.

article thumbnail

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,

article thumbnail

Penske’s #OneWay4PVA Campaign Celebrates Fifth Anniversary

Penske Move Ahead

The transition from military to civilian life can be difficult for service men and women but even more so for veterans experiencing spinal cord injury or disease. Paralyzed Veterans of America (Paralyzed Veterans), a veterans service organization, has worked for more than 70 years to help all veterans receive medical and other benefits that they have earned and deserve.

article thumbnail

Tesco wants closed loop system for packaging – Logistics Manager

247 Customs Broker

[og_img]. Tesco has promised to reduce the amount of packaging used in its business and aims to move to a closed loop system, it has told suppliers. Tesco pledged to remove, reduce and redesign packaging materials and their use and to raise awareness around the importance of recycling to help change customer behaviour. Tesco is aware […]. The post Tesco wants closed loop system for packaging appeared first on Logistics Manager.

article thumbnail

This Week in Logistics News (May 21-25, 2018)

Talking Logistics

“Papi, I think I left my school bag at the baseball field,” my son tells me at 10:00 pm last night, as I’m trying to write this post and get packed for our annual Memorial Day weekend pilgrimage to Baseball Heaven for a tournament. “Are you kidding me?!”. He wasn’t kidding. So I put on a sweatshirt, grabbed my wallet and keys, and drove to the ball field.

article thumbnail

What will blockchain do for you?

247 Customs Broker

Bear in mind that blockchain brings challenges as well as solutions – and some of them are currently very far from being overcome. For example, how can we achieve a tamper-proof link between a physical object and its digital identifier? This is a key issue for logistics , where it ultimately means a break in the chain. Aside from such practical issues, making use of blockchain technology will also require a significant cultural shift.

article thumbnail

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.

article thumbnail

Maersk Line Introduces Bunker Surcharge

247 Customs Broker

The world’s largest container shipping company Maersk Line is increasing prices because of a surge in the cost of bunker fuel. . The shipping fuel has become increasingly costly as global crude oil prices have returned to peaks not reached since 2014, lifted by the United States ‘ exit this month from the landmark nuclear deal with Iran and imposed sanctions against the OPEC member. .

article thumbnail

AAR reports annual U.S. carload and intermodal gains for week ending May 19

247 Customs Broker

United States rail carload and intermodal volumes were up annually for the week ending May 19, according to data issued by the Association of American Railroads earlier this week. Carloads increased 1.2% annually to 261,273, which edged out the week ending May 12 at 267.196 and the week ending May 5 at 265,653, AAR reported that six of the ten carload commodity groups it tracks were up annually, including included nonmetallic minerals, up 2,518 carloads, to 40,836; chemicals, up 1,440 carloads

article thumbnail

Drewry: Olefin trade not helping LPG shipowners

247 Customs Broker

London, UK – The freight market for S/R (Handysize) vessels will remain under pressure throughout 2018 on account of strong fleet growth and weak olefin trade, according to the latest edition of the LPG Forecaster published by global shipping consultancy Drewry. The market has been under pressure since 2017, but olefin trade growth has averaged 3.1% annually over 2012-17, down from 4.0% during 2007-12.

article thumbnail

Mattress retailer Emma is fastest-growing startup in Europe

247 Customs Broker

Emma, a German retailer that sells mattresses online, is the fastest-growing startup in Europe. Or at least in the countries The Next Web describes as the continent’s six hottest startup ecosystems: the United Kingdom, the Netherlands, Germany, France, Spain and Sweden. The number one ranking of Emma as Europe’s fastest-growing startup is the result of research by Adyen and The Next Web.

article thumbnail

What Your Order Management System Should Be Doing

To continue scaling your omnichannel business, you need to manage a lot of orders across a lot of different channels and marketplaces. Some brands do this by hand. Some try to force their ERP to manage it. Others rely on a complex system of cross-referencing the dashboards of their various channels. None of these is an effective or sustainable solution.

article thumbnail

FTR data shows market conditions remain challenging for shippers

247 Customs Broker

By LM Staff ·. May 25, 2018. The ongoing “tough environment” for shippers was on full display in the most recent edition of the Shippers Conditions Index (SCI) from freight transportation consultancy FTR. FTR describes the SCI as an indicator that sums up all market influences that affect the transport environment for shippers, with a reading above zero being favorable and a reading below zero being unfavorable and a “less-than-ideal environment for shippers.”.

Data 28
article thumbnail

FTR data shows market conditions remain challenging for shippers – Supply Chain 24/7

247 Customs Broker

The ongoing “tough environment” for shippers was on full display in the most recent edition of the Shippers Conditions Index (SCI) from freight transportation consultancy FTR. FTR describes the SCI as an indicator that sums up all market influences that affect the transport environment for shippers, with a reading above zero being favorable and a reading below zero being unfavorable and a “less-than-ideal environment for shippers.”.

Data 28
article thumbnail

FMC reviews 15 OTI license applications

247 Customs Broker

Click here to look at our new privacy policy. Continuing to browse will be taken as acceptance of this new policy. We use cookies to collect information about you for a better user experience. Click here to look at our new privacy policy. Continuing to browse will be taken as acceptance of this new policy. I Agree. Related Articles.