Wed.Jun 19, 2024

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An Early Peak Season in Shipping This Year: What are the Effects?

MTS Logistics

Several factors coming together early in the season led to this early peak season in container shipping this year. This makes everyone nervous and will undoubtedly challenge the shipping industry. We’ll examine the overall implications and impacts that are anticipated. Economic Repercussions Due to its strong correlation with consumer spending, the demand for goods, and the general performance of many businesses, the peak shipping season has a substantial effect on the world economy.

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4 Trends in Freight Brokerage with Kevin Hill

The Logistics of Logistics

Kevin Hill and Joe Lynch disucss 4 trends in freight brokerage. Kevin is the Owner of Brush Pass Research , a sales and marketing research firm that helps companies sell to freight brokerages across North America. Summary: 4 Trends in Freight Brokerage Kevin Hill of Brush Past Research joins the Logistics of Logistics podcast to discuss the growth, evolution, and current state of the freight brokerage industry.

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ESG in Supply Chain

Logistics Viewpoints

Acronyms abound when it comes to supply chain. AT Logistics Viewpoints, we cover a wide range of these acronyms, including AS/RS , DOM , GTC , SCP , TMS , and WMS to name a few. Over the last few years, another acronym has been showing up on the radar: ESG. ESG stands for environmental, social, and governance, and is a framework that evaluates a company’s performance and ethical behavior.

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Three Ways That Prescriptive Analytics Boosts Supply Chain Resilience

Supply Chain Brain

S upply chain leaders today can not only analyze the past and present to determine the likelihood of outcomes, but can also look to the future to manage them — a practice known as prescriptive analytics.

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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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Happening Now: Canadian border agents to vote on a four-year agreement

West Coast and California Logistics

According to Supply Chain Dive , Canadian border agents will vote on a new four-year labor agreement with the government between June 20 and July 4. The union's negotiating committee has recommended ratifying the deal, which follows two years without a contract for the over 9,000 members of the Canada Border Services Agency.

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How Trip Resequencing Can Avoid Delays, Reduce Costs, and Improve Sustainability

Loginext

Trip resequencing optimizes driver stops to save time, costs, and boost sustainability for logistics companies and delivery service providers. Explore how it minimizes travel time, fuel costs, emissions, and the role of route optimization software with real-world impacts. The post How Trip Resequencing Can Avoid Delays, Reduce Costs, and Improve Sustainability appeared first on loginextsolutions.com.

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Driver Safety Among Top Concerns for Trucking Fleet Managers in 2024

Supply Chain Brain

Nearly 60% of fleet managers said that their chief concern is related to drivers knowing how to safely and correctly operate their vehicles.

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June 2024 Freight Market Update

Stord

We are about halfway through 2024. In the first half of the year, we experienced historically low rates due to excess capacity and flat freight volumes. Looking ahead, there is hope on the horizon for the back half of the year. Even though we continue to face overcapacity, trucking authorities are leaving the market and volumes are ticking higher. The back half of May displayed a 6% rate spike , with rates sustaining into June.

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U.S. Lawmakers Look to Bar CHIPS Act Winners From Using Chinese Tools

Supply Chain Brain

Under a newly-proposed bill, companies such as Intel Corp. would be barred from buying chipmaking gear from entities owned or controlled by China.

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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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Staff Retention and Tech Issues for Warehouse Operations

Logistics Business Magazine

Manhattan Associates Inc. (NASDAQ: MANH) today announced the findings of its 2024 ‘State of Warehouse Operations’ research in association with Vanson Bourne, highlighting the current challenges and key opportunities ahead for the sector. The full report can be read here. As the global economy continues to recalibrate after a series of macro-economic and geopolitical events shook it to its core, procurement and supply chain professionals continue to face unique challenges.

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The benefits of inventory management in ERP

SYSPRO Smarter ERP

What you can achieve with inventory management in ERP Inventory is a major item on a manufacturer’s balance sheet that can seriously impact cash and working capital, and inventory management in ERP can contribute to improving it. Using spreadsheets for inventory management and planning might have worked in the past, but it has become increasingly important to know in real-time what is happening with raw materials and parts delivery, warehouse stock, work-in-progress and finished goods.

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Labelling Range Upgraded to meet Linerless Demand

Logistics Business Magazine

Business technology solutions provider Brother UK has upgraded its range of professional desktop label printers to be compatible with linerless labels, helping partners to meet customers’ sustainability, productivity and cost-efficiency goals. The new TD-4550D and TD-4420D models are compatible with linerless labelling media, which doesn’t use the non-recyclable glassine lining typically used to protect labelling medium, while offering the fastest print speed of its class at up to 8ips.

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A Comprehensive Health Check for Ensuring S&OP Wellness

Supply Chain Brain

Sales and operations planning is a living, breathing process that naturally evolves over time. Still, it’s important to maintain the application’s core tenets that apply to every organization.

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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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Rhythmos.io, FlexCharging Partner to Optimize Electric Vehicle Charging, Grid

NGT News

Rhythmos.io and FlexCharging have partnered to expand access to distribution system-optimized managed charging and asset management for utilities and electric vehicle owners. This collaboration offers great potential for enhancing utility-managed and fleet charging programs. Power consumption is projected to triple by 2050, and the mix of renewables will likely double in the next 15 years. […] The post Rhythmos.io, FlexCharging Partner to Optimize Electric Vehicle Charging, Grid appeared f

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How Shippers Adapt to Permanent Volatility in Supply Chains

Women in Trucking

It’s clear that successful corporations with significant supply chains are investing in technologies to accelerate resilience, agility and flexibility to better navigate current and future disruption. This is evidenced by the Council of Supply Chain Management Professionals 2024 State of Logistics Report® which was released by CSCMP today.

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10-Minute Charge Time for Prototype E-Bus

NGT News

Toshiba Corporation and Sojitz Corporation of Japan, along with Brazil-based niobium producer CBMM, have completed development of a next-generation lithium-ion battery that uses niobium titanium oxide (NTO) in the anode. At an opening ceremony, the companies unveiled a prototype E-bus powered with the new battery, which realizes an ultra-fast charge time of around 10 minutes […] The post 10-Minute Charge Time for Prototype E-Bus appeared first on NGT News.

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Dana Delivers 1,000th Transmission for Kalmar Reachstackers

Logistics Business Magazine

Dana Incorporated today announced that the company has supplied the 1,000th Spicer® HVT2 powersplit transmission for Kalmar® Eco Reachstackers used in port logistics operations worldwide. Kalmar has configured the transmission in its lineup of high-efficiency reachstackers since 2015. Testing on equipment in real-world port operations has shown that Kalmar Eco Reachstackers equipped with the Spicer HVT2 reduces fuel consumption by up to 40% while improving productivity by up to 10% when compared

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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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HVS Teams with Farrall’s Group to Conduct Hydrogen Fuel Cell Truck Trial

NGT News

Hydrogen Vehicle Systems (HVS), a leading hydrogen fuel cell truck manufacturer in the United Kingdom, has entered into a strategic collaboration with Edwin C Farrall Transport Ltd. (Farrall’s Group) to explore the integration of hydrogen fuel cell heavy good vehicles (HGVs) into Farrall’s fleet. Farrall’s Group is a third-generation family transportation company based in northwest […] The post HVS Teams with Farrall’s Group to Conduct Hydrogen Fuel Cell Truck Trial appeared first on NGT N

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Top 10 Best Logistics Practices to Ensure the Success of Your E-commerce Business

3PL Links

Image source: Needpix.com | Top 10 Best Logistics Practices to Ensure the Success of Your E-commerce Business Logistics is a vital component of any e-commerce, covering every aspect of product delivery and storage. It is frequently the key to achieving successful operational outcomes as well as the creation of sound, well-planned actions that pave the way for success.

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KLOG-IKEA Collaboration Drives Shift to Electric Transportation in Portugal

NGT News

In late June 2024, Portuguese transporter KLOG Logistics Solutions will deploy the first of several heavy-duty battery electric vehicles from Scania to transport IKEA products from the IKEA Industry factory in Paços de Ferreira to the Porto Harbor in Leixões, and to IKEA stores. This collaboration and electric transition are the result of discussions initiated […] The post KLOG-IKEA Collaboration Drives Shift to Electric Transportation in Portugal appeared first on NGT News.

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Maximizing Efficiency and Reducing Logistics Costs: Warehousing and Distribution Services For SMBs

Radius Logistics

In today’s rapidly changing economic environment, small and medium-sized businesses (SMBs) are continually searching for ways to cut costs and improve efficiency. One of the significant expenses for many companies is the cost associated with maintaining warehouse space. The costs of leasing, maintaining, or owning warehouse space can quickly add up, whether due to fluctuating demand, seasonal inventory needs, or the impact of global economic shifts.

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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.