Fri.Oct 16, 2020

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Three Essentials to Look for in Your Freight Forwarder Software

Magaya

Whether you’re new to the freight forwarding industry or you’ve been in this line of business for a long time, it’s easy to marvel at how the industry has evolved in recent years. M ethods and expectations today are far more complex than years past. They demand more precision and greater organization than ever before. The remarkable rise in popularity of e-commerce has had a colossal impact on the supply chain, driving sharp increases in volumes and increasing consumer expectations for speed, va

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Traton’s $3.7B buyout of Navistar the latest highlight of the global nature of trucking

Commercial Carrier Journal

After nearly 10 months on the table, and with mutual interest surviving a global pandemic that saw truck orders slump to record lows for two consecutive months, Volkwagen's commercial truck business, Traton, is set to acquire Navistar for nearly $3.7 billion. The post Traton's.7B buyout of Navistar the latest highlight of the global nature of trucking first appeared on Commercial Carrier Journal.

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DAT Truckload Volume Index posts strong September gains

Logistics Management

The September edition of the DAT Truckload Volume Index, which was issued this week by DAT Freight & analytics, an online marketplace for spot market truckload freight, picked up where August left off, posting all-time highs for spot market rates for van and refrigerated, or reefer, truckload freight.

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BBVA USA Begins Offering Loan Discounts on Fuel Efficient Commercial Vehicles

NGT News

BBVA USA has unveiled its second product geared towards environmental sustainability, announcing a rate discount on secured term loans for fuel-efficient commercial vehicles. The loan provides a.75% rate discount for commercial hybrid, electric, natural gas or fuel cell vehicles. “We’re confidently moving forward on products that will both support our small business clients’ financial […].

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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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World Food Day: WFP works towards food security one sack at a time

World Food Programme Logistics

World Food Day: How WFP works towards food security?—?one sack at a time A glimpse into how the World Food Programme buys food for nearly 100 million people A warehouse in Kano, one of three urban hubs in Nigeria, where WFP has launched cash and food assistance programmes in the response to the COVID-19 pandemic. Photo: WFP/Damilola Onafuwa The United Nations World Food Programme is the 2020 Nobel Peace Prize Laureate.

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FTR’s Trucking Conditions Index turns in strong performance

Logistics Management

The August TCI, which is the month for which the most recent data is available, came in at 8.31, which is in line with what the firm called a “very favorable rate environment for trucking during the month.” This reading marked a significant improvement over July’s 2.84, and marked its second-highest reading, going back to March 2018, with the exception of June’s 11.35, the highest reading over the last decade.

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The day an ELD mandate protestor and ELD provider visited the White House to talk brokers

Overdrive Online

Sounds like the set-up for a joke, yet in this Overdrive Radio edition owner-op Mike Landis and Ezlogz founder C.J. Karman narrate the story of how a May White House meeting came to be, culminating three weeks of protest with these continuing ripple effects. The post The day an ELD mandate protestor and ELD provider visited the White House to talk brokers first appeared on Overdrive.

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Retail sales see solid increases in September, reports Commerce and NRF

Logistics Management

Commerce reported that total September retail sales—at $549.3 billion—were up 1.9 over August and were up 5.4% annually. And NRF pointed to September retail sales, which were paced by apparel, continuing a V-shaped recovery from the pandemic, with sales growing for the fourth consecutive month.

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Creating More Resilient Global Supply Chains

Supply Chain Brain

Here's how to reassess short-, mid- and long-term global sourcing and production strategies.

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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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Guide to Reducing Carbon Footprint in Logistics

Trinity Logistics

Guest Author: Betty White. Environmental concerns are likely on everyone’s mind. Addressing global warming and reducing one’s carbon footprint are now primary concerns for many industries. The logistics industry, in particular, has a unique position in this context. A brief word on the environment. Before delving deeper into the subject at hand, it is vital that we briefly touch on the current and estimated effects of emissions on the environment.

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Winning small fleet’s custom trucks tie to its spinoff businesses

247 Customs Broker

After JDT owner James Davis rebuilt this 1993 Peterbilt 379 years ago, he got the bug for customization and now has about 14 in his… The post Winning small fleet’s custom trucks tie to its spinoff businesses appeared first on 24/7 Customs Broker News.

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U.S. rail carload and intermodal volumes are mixed for the week ending October 10, reports AAR

Logistics Management

Rail carloads—at 230,964—saw a 5.2% annual decline, and intermodal containers and trailers—at 289,488 units—saw an 8.4% annual increase.

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Inker Supply Ships With UPS to Get More for Less

247 Customs Broker

Inker Supply’s Origin Story Founded by Allen Bark and two of his friends, Inker Supply (formerly TreeO Dudes) has expanded from operating out of a… The post Inker Supply Ships With UPS to Get More for Less appeared first on 24/7 Customs Broker News.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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Hyliion, ANG Enter Fuel Partnership Agreement

NGT News

Hyliion Inc., a company that specializes in electrified powertrain solutions for Class 8 commercial vehicles, and American Natural Gas Inc. (ANG), an alternative fuel provider, have entered into a partnership agreement that offers Hyliion customers discounted pricing for renewable natural gas (RNG) at ANG fueling stations across the country. Hyliion and ANG also entered into […].

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Executive Q&A with Michael Burrows, Executive Director, SBD International Airport

247 Customs Broker

Air Cargo World (ACW): Cargo operations at San Bernardino International Airport (SBD) have grown extremely quickly over the past couple of years.… The post Executive Q&A with Michael Burrows, Executive Director, SBD International Airport appeared first on 24/7 Customs Broker News.

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Cold Storage California Solutions

FW Logsitcs

West Coast living has its downfalls, especially when you’re storing food in a refrigerated warehouse. There are a lot of obstacles that businesses in California have to overcome due to a 12-month summer, and storing perishable food is one of them. Temperature Controlled Warehouse: A Key Factor in Food Storage. A reliable temperature controlled warehouse is essential when you’re in the food service industry.

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GEODIS acquires PEKAES

247 Customs Broker

GEODIS, a world leader in transport and logistics, has reached an agreement with Innova Capital for the acquisition of PEKAES, a leading LTL (Less-Than-Truckload) and… The post GEODIS acquires PEKAES appeared first on 24/7 Customs Broker News.

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How to Conduct Workplace Incident Investigations to Create Safer Workplaces

This white paper provides a comprehensive overview of global workplace incident trends, focusing on the top three biases leading to such incidents. It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.

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Penske Drives a Lifetime of Memories for New York Newlyweds

Penske Move Ahead

With plans for a dream wedding in Greece dashed by the coronavirus pandemic, Angelo Efstathopoulos wanted to make the day no less magical for his bride, Lucy. The couple's childhood friendship blossomed into more on a do-it-yourself move in 2011 from New York to New Orleans, so Angelo thought it be would more than fitting to hold their wedding ceremony inside a white Penske rental truck.

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Wartsila Awarded Major Contract to Supply Carbon-Neutral Transport Fuels

247 Customs Broker

Wärtsilä, a company that specializes in solutions and lifecycle services related to the gas value chain, has been awarded a major contract to supply and… The post Wartsila Awarded Major Contract to Supply Carbon-Neutral Transport Fuels appeared first on 24/7 Customs Broker News.

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Coop Invests in Large Automation Solution

Logistics Business Magazine

Coop, one of the leading food retailers in Sweden, chose SSI Schaefer as their general contractor for intralogistics to provide a cutting-edge, energy-efficient and highly automated logistics solution for their new 77,000 m² distribution centre in Eskilstuna, Sweden. Coop’s new distribution centre, strategically positioned in the heart of Sweden, will handle the distribution of goods to Coop’s 800+ stores around the country.

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2020 Holiday Shipping Deadlines

247 Customs Broker

During the holiday season, customers have a heightened need for their packages to arrive on time. If someone doesn’t get their Christmas gift by December… The post 2020 Holiday Shipping Deadlines appeared first on 24/7 Customs Broker News.

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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.

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Geodis Acquires Pekaes of Poland

Logistics Business Magazine

Geodis, a world leader in transport and logistics, has reached an agreement with Innova Capital for the acquisition of Pekaes, a leading Less-Than-Truckload and Full-Truckload network in Poland. Marie-Christine Lombard, Chief Executive Officer of Geodis, says: “This acquisition is a major step forward to consolidate Geodis’ presence in this region, which we consider strategic for the Group’s development.

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Mega-shed deals hit record high in 2020

247 Customs Broker

A record number of deals for warehouses above 500,000 sq ft have already taken place this year as occupiers deal with unpredictable inventories and surges… The post Mega-shed deals hit record high in 2020 appeared first on 24/7 Customs Broker News.

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Pick-by-voice Solution without the Headset

Logistics Business Magazine

Lydia® VoiceWear® offers maximum mobility while picking. With microphone and speaker components integrated into the patented vest, users do not need to wear headsets. And now with the Lydia® VoiceWear® 4 model, EPG has optimised the picking vest further. It features a specially designed high-performance microphone that guarantees precise voice recognition – even in noisy surroundings.

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Above the Fold: Supply Chain Logistics News (October 16, 2020)

247 Customs Broker

So far this year, I’ve spent over 160 hours on a bicycle, traveled 2,744 miles, and climbed almost 155,000 feet. The best statistic, however, is… The post Above the Fold: Supply Chain Logistics News (October 16, 2020) appeared first on 24/7 Customs Broker News.

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Brick & Mortar Retail Relevance: How to Stay Ahead of the Curve

Speaker: Jay Black, Senior Account Executive

Let's set the record straight: in-store retail isn't dead - it's evolving! Faced with the digital age and the demands of omnichannel shopping, some retailers are thriving while others are struggling to adapt. Join Jay Black in this exclusive session as he explores the strategies that set successful stores apart, including: Crafting unique and unforgettable in-store experiences 🛍️ Mastering the art of retail demands 🛒 Navigating inventory challenges in today's climate 📦 an

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Rugged Roller Doors Installed at Warehouse

Logistics Business Magazine

Union Industries, a leading British manufacturer of high-speed industrial doors, has completed the supply and installation of two of its rugged Ramdoor rapid roller doors at Yara UK Ltd in Avonmouth. This is the second time that Leeds-based Union Industries has supplied a pair of Ramdoors, known as the ‘Big Daddy’ of high speed doors, to Yara UK Ltd, which has undertaken substantial refurbishment works at its warehouse facilities close to the Severn Estuary in Avonmouth.

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Digital Transformation Spending in Logistics Market 2020 Analysis and In-depth Research on Market Dynamics, Trends, Emerging Growth Factors and Forecast to 2026| Covid-19 Impact

247 Customs Broker

Global “Digital Transformation Spending in Logistics Market” Report mainly includes sales, revenue, trade, competition, investment, forecast and marketing of the product and the segments here… The post Digital Transformation Spending in Logistics Market 2020 Analysis and In-depth Research on Market Dynamics, Trends, Emerging Growth Factors and Forecast to 2026| Covid-19 Impact appeared first on 24/7 Customs Broker News.

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Haulage Provides Indicator of Recovery

Logistics Business Magazine

The UK haulage sector is worth an annual £124bn to the UK national economy. It is hugely representative of the productivity of other sectors in the UK and therefore provides the perfect. barometer when looking at signs of recovery following the pandemic. For instance, consumer spending drives the economy, so, if the population is not spending then that reduces the need for the same level of movement of goods, which thereby visibly slows down the haulage market, says Paul Holland of KeyFuels.