Fri.Nov 18, 2022

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Digital twinning is key to supply chain transformation

Logistics Business Magazine

Digital twins are becoming big business, says Toby Mills, CEO of Entopy. But there is still a lot of confusion about what they are, what they do – and why they matter. A digital twin is a virtual representation of an object or system that spans its lifecycle, is updated from real-time data, and uses simulation, machine learning and reasoning to help decision-making.

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Validated, Real-Time Visibility for Pharma with Josh Allen

The Logistics of Logistics

Josh Allen and Joe Lynch discuss Tive’s validated, real-time visibility for pharma. Josh is CRO at Tive , a leading provider of real-time supply chain visibility insights that help logistics professionals actively manage their in-transit shipments’ location and condition. About Josh Allen . Josh Allen joined Tive in April of 2022 as Chief Revenue Officer to build out the go-to-market team as the company continues to scale at a rapid pace.

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This Week in Logistics News (November 12 – 18)

Logistics Viewpoints

This is our last weekly news roundup before for the Thanksgiving holiday. It’s hard to believe that we are getting ready for stuffed turkey, mashed potatoes, and pumpkin pie. So, what does the 2022 Thanksgiving holiday look like? In a recent NielsenIQ survey, 91 percent of consumers indicated they are planning on celebrating US Thanksgiving this year with a majority (83 percent) either staying at home (59 percent) or local (24 percent) (within 50 miles of their home).

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Above the Fold: Supply Chain Logistics News (November 18, 2022)

Talking Logistics

“We need to know what is going on with sheep.” So wrote the 9-year old daughter of former FCC Chairman Ajit Pai in her notebook, according to a tweet posted by Pai. Then comes this story from China, as reported by The Daily Mail, about “a flock of sheep [that] has been caught walking round. Read more Above the Fold: Supply Chain Logistics News (November 18, 2022).

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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STB Chairman Oberman assesses freight rail conditions and service at RailTrends

Logistics Management

Oberman described 2022 as a “demanding year” for the STB, due to the pending Canadian Pacific-Kansas City Southern merger, as well as he termed a “service meltdown” by Class I railroad carriers, which he said had been brewing long before the onset of the pandemic.

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October volumes see further declines, reports POLA and POLB

Logistics Management

Total October POLA volume—at 678,429 TEU (Twenty-Foot Equivalent Units)—fell 25% annually, and total October POLB volume fell16.6% annually, to 658,428 TEU.

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The Competition of China and the Rest of Asia for U.S. Market Share

MTS Logistics

Despite an ongoing war between Ukraine and Russia and worsening tensions over Taiwan, trade between China and the U.S. proceeds at a high level. More than a third of the containerized imports coming to America are from China. The U.S. buys more than one sixth of China’s total exports. But, lately, these situations have started to change. The decrease in America’s imports from China become much more than decrease in the total imports.

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U.S. rail carload and intermodal volumes are down, for week ending November 12, reports AAR

Logistics Management

Rail carloads—at 235,474—fell 0.2% annually, and intermodal containers and trailers—at 254,876—decreased 4.

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How Local Governments can Prepare for Winter: GPS Fleet Management

RasTrac

In the United States, winter weather can vary drastically from state to state. In some states, such as Minnesota, heavy snowfall and below-freezing temperatures are common during the winter months. In other states, such as Florida, a light dusting of snow is a rare event.

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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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Calor wins industry award

Logistics Business Magazine

Calor has been awarded Supplier of the Year at the UK Material Handling Association (UKMHA) Awards for Excellence – The Archies. Chosen by the membership of UKMHA for the quality of its support for the industry, the Award was presented at a special evening held at the Hilton Metropole in Birmingham. The Archies celebrates the best and brightest in the forklift industry, recognising teams and individuals that have innovated, raised standards and helped forklift truck operators work more effective

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Former FMCSA employee charged with bribery and extortion

Fleet Owner

Border investigator Patrick Gorena of Lyford, Texas will go to court for allegedly demanding bribes to stay quiet on carriers' safety violations.

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New AMR for odd-sized payloads

Logistics Business Magazine

Movi?o Robotics has introduced the ?harko10 Wide Body, an AMR designed to transport payloads of non-standard gauges. Pallets are standardised carriers, but some factories use odd-sized pallets because it suits their products better. For example, a South African plastic injection moulding company created its own plastic pallets that suited its process better.

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EazyStock for NetSuite has launched

EazyStock

We can finally talk about it: EazyStock for NetSuite has officially launched. It’s available on SuiteApp right now. This is huge for us – and it’s huge for NetSuite users, too! NetSuite is the world’s number one cloud business management software suite, and we’re number one when it comes to inventory optimization. How can inventory optimization help you?

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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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Trainer completes record fourth secondment

Logistics Business Magazine

Jon Aspden, Head of Driver Training at Clipper Logistics, now part of GXO, has completed his fourth overseas secondment for international development organisation Transaid , spending two weeks working with professional driver trainers on Transaid’s road safety project in Ghana. His trip follows earlier inputs in Tanzania and Zambia, in 2009, 2012 and 2020, and saw him working closely with four trainers based in the country’s capital, Accra.

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EazyStock for NetSuite has launched

EazyStock

We can finally talk about it: EazyStock for NetSuite has officially launched. It’s available on SuiteApp right now. This is huge for us and it’s huge for NetSuite users, too. NetSuite is the world’s number one cloud business management software suite, and we’re number one when it comes to inventory optimization. How can inventory optimization help you?

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Spiral doors bring clear benefits

Logistics Business Magazine

Hörmann UK has launched two new transparent, high-speed spiral doors, the HS5040 TurboLux and Turbolux S. With a market-leading opening speed of up to 4m/s, Hörmann says the TurboLux range combines high speed operation with optimised transparency, strength, and durability, making them ideal for demanding applications where efficiency and visibility are key.

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AI essential to supply chain transformation

Logistics Business Magazine

In our connected and digital world, using artificial intelligence (AI) across the supply chain enables companies to maximise productivity by reducing uncertainties. It also helps to speed up decision-making, reduce cycle times and contribute to continuous improvement. By increasing the expectations of improved efficiencies between suppliers and customers it highlights the need to use the capabilities of AI wherever possible across the entire supply chain.

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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.