Mon.Apr 13, 2020

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Social Distancing: Are the Costs of Shutting Down the Economy Worth It?

Logistics Viewpoints

Because of social distancing, and the requirement for most Americans to stay home, we will have far fewer deaths from COVID-19. But our economy is also now in recession. Are the benefits from lives saved worth the costs in terms of jobs lost and the economy shrinking? Cost-benefit models say this was the right tradeoff. The post Social Distancing: Are the Costs of Shutting Down the Economy Worth It?

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Now, a Different Kind of Epidemic: Force Majeure Claims

Supply Chain Brain

The coronavirus pandemic has brought chaos to supplier-buyer relations the world round, resulting in widescale invoking of the contract-breaking clause known as force majeure.

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Trending Sources

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Will COVID-19 Lead to More U.S. Manufacturing?

Talking Logistics

Will the COVID-19 crisis lead more companies to manufacture and source their products and materials from the United States instead of China and other countries? I’ve been getting asked that question a lot these days. Overall, I believe this pandemic will cause companies to reevaluate their supply chains in light of whatever reality we find. Read more Will COVID-19 Lead to More U.S.

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‘People are desperate’: Fraudsters target vulnerable truckers with COVID scams

Overdrive Online

Fraudsters and hackers are using the fear, uncertainty and confusion surrounding COVID-19 — and the corresponding aid programs from Washington — to try to exploit owner-operators and small fleets.

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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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NAVIS expands its global seaport and rail network

Logistics Management

The acquisition of Biarri Rail, combined with Navis’ N4 Terminal Operating System (TOS) for intermodal operations, will support the company’s expansion into inland solutions,

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More Trending

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Bringg takes in $30 million in Series D funding, brings total to more than $80 million

Logistics Management

Company officials said that the focus of this round is geared towards businesses across different verticals keep pace with what they called rapidly expanding delivery momentum. And they added that Bringg’s total funding, to date, is now at $83.3 million, which Bringg said is enabling global market expansion for large enterprises and SMBs.

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‘The more essential I’m gettin’, the stinkier I get’ — another week gone by …

Overdrive Online

Long Haul Paul Marhoefer hums bathroom-stall limericks in response to encountering closed-off showers at a truck stop in Kentucky. Not far up the road in Ohio, though, showers clean and open, "I place an unprecendented denomination on the sink of the shower room".

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Prepare for the “new abnormal” after Covid-19

Truck News

How are we to respond to the mess we now find ourselves in? How do we chart a course? What will life be like on the other side of it? And more immediately for me, what the hell can I write on April 10, 2020? Two weeks prior I resolved that I would not write […].

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McPhy Chosen to Equip Zero-Emission Mobility Projects

NGT News

McPhy, a specialist in hydrogen production and distribution equipment, has been chosen to equip two projects in the field of zero-emission mobility. A driver of economic development and a source of sustainable growth, the objective of the first project is to convert surplus renewable electricity (wind and solar) into green gas. The resulting zero-carbon hydrogen […].

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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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Merging Technology with Employee Wellbeing to Reimagine the Future of Work

SYSPRO Smarter ERP

There is no doubt that COVID-19 has been a catalyst for change. As social distancing becomes the new normal, entire workforces have needed to connect as well as collaborate remotely. Throughout this sudden metamorphosis, two organizational components have played a critical role – technology and people. On one side of the coin, businesses have needed […].

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Commentary: Preparing your fleet and staying organized during a global crisis

Commercial Carrier Journal

With so much going on during this global crisis, fleet managers and owners need to be extremely organized to handle current and future industry needs.

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Karma Automotive Debuts Level 4 E-Flex Van

NGT News

Karma Automotive, a Southern California-based car company, says its SAE1 Level 4 autonomous van with a battery electric vehicle (BEV) architecture has arrived. The SAE1 Level 4 autonomous van is one of five platforms designed to offer new electric mobility solutions through extended-range electric vehicle (EREV) and BEV chassis systems. Karma’s new L4 E-Flex Van […].

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How to Build a Better Shipping Mousetrap With a SaaS TMS Functions

GlobalTranz

The value of retail shipping efficiency has never been more important. According to Entrepreneur.com, the value of worldwide e-commerce sales will grow 246% by 2021, amassing a financial gain of more than $3.2 trillion. In conjunction, demand for a better, more effective way to differentiate a business from its competitors will swell, and shippers continue.read More.

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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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Fraunhofer IFF Researchers Design Green Hydrogen Factory

NGT News

Researchers at the Fraunhofer Institute for Factory Operation and Automation IFF (Fraunhofer IFF) have designed a factory for the distributed and modular production and distribution of green hydrogen for industry, business and transportation throughout the value chain. While hydrogen provides an eco-friendly option to meet industry demand for electricity, heat and transportation, this versatile energy […].

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The Impact of the Coronavirus on the Restaurant Industry

MTS Logistics

It is no longer unimaginable that a pandemic would impact every corner of the global economy, as it has happened with coronavirus. The restaurant industry is no exception. The economic and social costs of a pandemic are based on the effects of past pandemics. However, this time, past pandemics do not really apply or help guide us, as this is the first modern-day pandemic and our economy is globalized.

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Analyst weighs in on Amazon’s move to end its third-party delivery service

Logistics Management

Trevor Outman, Founder and CEO of San Diego-based parcel consultancy Shipware LLC, told LM that as Amazon continues to invest in their own delivery network, they found a way to develop and monetize pockets of excess capacity, adding that Amazon Shipping was designed to capitalize on these pockets of excess capacity and deliver non-amazon platform orders.

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Trinity Logistics Named A Top Brokerage Firm By Transport Topics

Trinity Logistics

Trinity Logistics is proud to announce its number 18 ranking on the Transport Topics’ 2020 Top Freight Brokerage Firms List. The 2020 ranking is the 18 th consecutive year that Trinity Logistics was named in the Top 25. Companies on the list are ranked based on net revenue for the most recent 12-month period. “Our growth is a testament to our team and the job they do each day to serve and find solutions for our shipper and carrier customers”, said Sarah Ruffcorn, Trinity Logistics’ President.

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Mastering Order Management: Backorders & Out-of-Stock Inventory

The unfortunate truth is that you will always have low stock and backorder issues with your supply chain. But that doesn’t mean you can’t be prepared to handle them. This brief video explores some of the primary drivers of inventory issues – and how modern technology and best practices can mitigate these issues and ensure a superb customer experience.

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NAVIS expands it global seaport and rail network

Logistics Management

The acquisition of Biarri Rail, combined with Navis’ N4 Terminal Operating System (TOS) for intermodal operations, will support the company’s expansion into inland solutions,

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Why IoT Is Key to a Seamless Supply Chain

Supply Chain Brain

As more people stay home and shop online, customer expectations for on-time delivery are higher than ever.

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DAT March Truckload Volume Index shows mixed trends for spot TL volume and rates

Logistics Management

The most recent edition of the DAT Truckload Volume Index, which was recently issued by Portland, Oregon-based freight marketplace platform and information provider DAT presented a bit of a mixed bag for spot truckload volumes and rates, with reefer and dry van volumes and rates up for the first three weeks and the final week of the month less than seasonal trends.

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BREYTNER to Demonstrate VDL’s Hydrogen Fuel Cell Truck

NGT News

A 27-ton hydrogen fuel cell truck built by VDL has begun its first demonstration with BREYTNER as part of the EU-funded H2-Share project in Schelluinen, the Netherlands. Wystrach GmbH built a low-energy mobile hydrogen refueling station to accompany the truck at its demonstration sites. BREYTNER, a zero-emission transport provider, will operate the truck for three […].

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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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PSA Marine Achieves Exciting Milestone with Acquisition of Tramarsa Flota

Logistics Manager

PSA Marine (Pte) Ltd has completed the 100% acquisition of Tramarsa Flota S.A. and its subsidiaries in Peru from Grupo Romero. The Stock Purchase Agreement was signed by Mr. Peter Chew, Managing Director of PSA Marine and Mr. Marco Peschiera, CEO of Inversiones Piuranas S.A. and Grupo Piurano de Inversiones S.A., in Lima, Peru on 12 February 2020. Tramarsa Flota was incorporated in 1994 and its head office is located in Lima, Peru.

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Witron to Build Automated Logistics Centre for German Retailer REWE

Logistics Business Magazine

Integrator Witron is to design and implement a new automated logistics centre for German food retailer REWE. The Henstedt-Ulzburg site will supply more than 350 stores from August 2022. Implementing Witron’s OPM (Order Picking Machinery), DPS (Dynamic Picking System), CPS (Car Picking System), and DPP (Display Pallet Picking) solutions, will enable REWE to pick up to 165,000 cases on a peak day in a store-friendly manner.

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Senators Pen Letter to USDA Seeking Biofuel Industry Relief

NGT News

15 U.S. Senators have sent a letter to Secretary Perdue in an attempt to persuade the U.S. Department of Agriculture (USDA) to utilize funds allocated to the Commodity Credit Corp. (CCC) through the CARES Act to provide financial assistance to the biofuel industry. The Senators voiced their concerns for the farmers and producers amid the […]. The post Senators Pen Letter to USDA Seeking Biofuel Industry Relief appeared first on NGT News.

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How to tackle a New Service Offering: Same Day Delivery challenge

Shippeo

For a VP of Supply Chain, the request from a C-level to implement a new ‘same day’ delivery service is no easy task. So what's the fastest way for them to confidently produce a validated proposal? Two innovative tools are available to help.

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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.

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Three Job-Costing Headaches That Technology Can Solve

Supply Chain Brain

Accurate time tracking is critical to managing job costs in order to achieve profitability for construction businesses, separating successful businesses from the rest of the pack.

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More cargo declines measured at California’s ports

Logistics Management

Port of Oakland loaded box volume dipped 7.

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(2020-2025) Contract Logistics Market is Booming Worldwide| Global Industry Size, Growth, Segments, Revenue, Manufacturers

247 Customs Broker

Latest 2020 Market Scenario of the Contract Logistics Market:The Contract Logistics Industry report provides a detailed assessment of the market by focusing on the different… The post (2020-2025) Contract Logistics Market is Booming Worldwide| Global Industry Size, Growth, Segments, Revenue, Manufacturers appeared first on 24/7 Customs Broker News.