Sat.Jan 13, 2024 - Fri.Jan 19, 2024

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Generative AI in Supply Chain: How It Impacts Your Logistics

Trinity Logistics

Businesses constantly seek innovative solutions for their supply chains to streamline operations, reduce costs, and enhance customer experience. Generative Artificial Intelligence (Gen AI) offers promises to fulfill those exact wishes. But can it do just that? I’m going to answer that question for you as well as offer some practical insights into how you should be implementing Generative AI in your supply chain.

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The Main Supply Chain Trends for 2024 You Can’t Afford to Ignore

3PL Links

The Main Supply Chain Trends for 2024 | Image source: Flickr.com The supply chain will have a difficult time adjusting to a world that is changing rapidly in 2024. Sustainable supply chain methods will become essential to remaining competitive in an increasingly cutthroat market, as customers become more aware of businesses’ ethical and environmental concerns.

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How much money are freight brokers really making from truckers?

Overdrive Online

DAT's Ken Adamo tries to show that brokers take, on average, less than 15% of any load's full payment, but many owner-ops don't buy it as some even question the motives and tools running freight tech.

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Crack the Last-Mile Logistics Puzzle With the Latest in Technology

Supply Chain Brain

While numerous applications are available for optimizing a variety of logistics functions, the first- and last-mile segments are proving to be especially complex, generating significant costs for shippers and carriers.

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Guide to Business Writing

Everything you need to know about better business writing in one place. This is a complete guide to business writing — from a clear business writing definition to tips on how to hone your business writing skills.

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What is inventory postponement in the supply chain?

West Coast and California Logistics

We all know that speed is a key part of supply chain efficiency. It may seem counterintuitive that a service with “postponement” in its name could increase speed and efficiency, but it can. We’re talking about inventory postponement and, in this article, we’ll explain what it is, what its benefits are, and how to find a provider that can handle it for your supply chain.

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Tesla Semis Don’t Have Full Autopilot (and That’s a Very Good Thing)

Logistics Viewpoints

The much-delayed Tesla Semi has finally hit the road. The Semi started its first consumer deliveries in 2022. The vehicles have only been delivered to one customer – PepsiCo. Since then, the PepsiCo’s Tesla Semi fleet has grown to almost 100 vehicles. The Tesla Semi is a battery electric Class 8 semi-truck built by Tesla. Unlike Tesla’s electric cars the Semi does not support an upgrade to Enhanced Autopilot.

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Another Reason to Expand Definition of Supply Chain Visibility

Talking Logistics

For several years now I’ve been arguing that the scope of end-to-end supply chain visibility must go beyond the tracking of orders, shipments, inventory, and assets in motion. It must also include visibility to greenhouse-gas emissions and forced labor across the supply chain. Why? Because it’s becoming mandatory due to a growing number of laws. Read more The post Another Reason to Expand Definition of Supply Chain Visibility appeared first on Talking Logistics with Adrian Gonzalez.

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How AI and Automation Are Poised to Revolutionize the Supply Chain Industry

Supply Chain Brain

In the last few years, the growing sophistication of artificial intelligence has brought unprecedented levels of precision, efficiency and innovation to supply chain management.

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Big, Bulky & Rural with Grafton Elliot

The Logistics of Logistics

Grafton Elliott and Joe Lynch discuss big, bulky, and rural shipping. Grafton is the Founder and CEO of Onward, a big and bulky shipping network that helps retailers offer local like delivery service, to their customers located in suburban and rural zip codes. About Grafton Elliott Grafton Elliott is the Founder and CEO of Onward, a big and bulky shipping network that helps retailers offer local like delivery service, to their customers located in suburban and rural zip codes.Prior to start

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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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6 Ways AI Empowers End-to-End Decision Automation in Supply Chain

Logistics Viewpoints

As a child, I was mesmerized by beauty pageants, especially Miss World, where women from all around the world strutted in gorgeous fashion. I vividly remember the moments when the top winners declared their lofty goals for humanity: solving world hunger! Since the emergence of AI as the shiny object of our times, we see similar grandiosity: that AI will solve world hunger.

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[Video] Parcel Shipping Best Practices

Talking Logistics

When I started as an industry analyst almost 25 years ago, relatively few companies were shipping via parcel. You can say it was a niche mode for a small segment of the market. Fast forward to today, and with the rise of e-commerce, parcel shipping is now a critical mode of transportation for retailers and. Read more The post [Video] Parcel Shipping Best Practices appeared first on Talking Logistics with Adrian Gonzalez.

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Index Reveals LTL and Truckload Q1 Expectations

Food Logistics

The latest release of the index expects LTL rates to remain relatively flat with subtle fluctuations and truckload rates to continue hovering near the floor established in Q2 of last year.

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Solaris Will Provide 19 Hydrogen-Powered Buses to Essen, Germany

NGT News

European hydrogen bus manufacturer Solaris has signed a contract with German operator Ruhrbahn GmbH to supply 19 zero-emission, hydrogen-powered buses to the city of Essen. The vehicles will be equipped with hydrogen fuel cells that generate electricity on board, and advanced ADAS safety systems. These vehicles are scheduled for delivery in 2024 and 2025, marking […] The post Solaris Will Provide 19 Hydrogen-Powered Buses to Essen, Germany appeared first on NGT 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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Hyundai’s Green Revolution: Pioneering Hydrogen Technology and Innovation in Southeast Asia

Logistics Viewpoints

At the Consumer Electronics Show (CES) 2024, companies including Hyundai, Nikola , and Bosch presented their most recent fuel cells and hydrogen technology innovations, indicating a potential comeback for this environmentally friendly energy choice. This resurgence might be influenced by the announcement of a $7 billion U.S. government initiative last year aimed at developing hydrogen infrastructure in the country.

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[Video] How Can B2B Distributors Improve Fleet Performance?

Talking Logistics

If you’re a distributor, you know that fleet performance has a direct impact on your financial performance, your ability to differentiate yourself from the competition, and your ability to deliver an enhanced customer experience. What separates the leaders from the laggards in the industry? What are some signs that a distributor isn’t employing route planning.

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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. More Resources Home Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons Eytan Buchman January 16, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Intro: Playing Dice with the High Seas In 2021 and 2022, supply chains regularly made the headlines, as supplies of basic necessiti

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Happening Now: West Coast imports expected to surge

West Coast and California Logistics

According to The Loadstar , US West Coast ports are anticipating a surge in imports due to a combination of supply chain and geopolitical disruptions. These disruptions include transit difficulties through the Panama and Suez canals, and concerns at East Coast ports related to ongoing labor contract negotiations.

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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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Remember the Mall? Now, it’s a Fulfillment Center, and More

Supply Chain Brain

What’s particularly attractive about shopping malls is that they offer the possibility of creating a hybrid facility that combines logistics and fulfillment activities with in-person activities for shoppers.

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Robin Hutcheson resigning from FMCSA Administrator role

Overdrive Online

FMCSA Administrator Robin Hutcheson is resigning from her post, effective Jan. 26, after having led the agency as acting administrator and later administrator since January 2022.

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[Editor’s Pick] Global Trade Trends: A Year in Review and a Look Ahead

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post by Sandy Bhat from e2open’s blog highlights several key trends in global trade “that will have broader implications for businesses.

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An Overview of Cargo Insurance: Why It’s More Important to Shipping Than Ever

MTS Logistics

Managing both international and domestic shipping is a challenge for all businesses. Whether it’s coordinating air and ocean shipments, trucking, or multimodal movements, minimizing risks is a crucial aspect within every shipping plan. Freight insurance is an essential component of risk management, offering various coverage options. Freight insurance, also known as cargo insurance, is a type of coverage that protects the value of goods being transported against loss or damage during transit.

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How Intent Data Helps Marketers Convert A-List Accounts

One of the biggest challenges for any B2B marketer is understanding your prospects’ next move — who is most likely to buy and when. Without these insights, marketing campaigns can feel more like guesswork, with high investment and little return. We’re here to tell you there’s a better way. By tracking buyers’ digital footprints and online activity, such as website visits, product reviews, and spikes in content consumption, you can engage prospects with a message that really resonates.

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How to Prevent Procurement Fraud With Analytics

Supply Chain Brain

Unmonitored supply chains, underlying inventory assets, a host of third parties, and frequent transactions make the manufacturing and retail industries a sweet spot for procurement and inventory fraud schemes.

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Treasury Department, IRS Issue Vehicle Charging Infrastructure Guidance

NGT News

The U.S. Department of the Treasury and Internal Revenue Service (IRS) released additional guidance under President Biden’s Inflation Reduction Act (IRA) to lower Americans’ energy bills by providing clarity on eligibility for incentives to install electric vehicle charging stations and other alternative fuel refueling stations. The U.S. Department of Energy is also releasing a mapping […] The post Treasury Department, IRS Issue Vehicle Charging Infrastructure Guidance appeared first on NG

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Top 10 Benefits of Route Optimization Software for Transportation Companies

WorkWave

Time To Read: 5 minutes Transportation companies are continually seeking innovative solutions to navigate complex logistics while enhancing efficiency. Route optimization software has emerged as a game-changing tool, revolutionizing how these companies optimize routes and streamline operations. Let’s dive deeper into the top 10 benefits that make route optimization software indispensable for transportation companies, supported by relevant statistics and detailed insights. 1.

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January 16, 2024 Update

Freightos

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. More Resources Home January 16, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

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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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AI Is Helping Protect Healthcare Supply Chains, Study Shows

Supply Chain Brain

Forty-four percent of healthcare organizations are using AI to improve customer experiences while another 35% use this technology to forecast consumer demands.

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Accelera, Daimler, PACCAR Choose Mississippi for Battery Cell Production

NGT News

Accelera by Cummins, the zero-emissions business segment of Cummins Inc.; Daimler Trucks & Buses US Holding LLC; and PACCAR have selected Marshall County, Miss., as the future site of advanced battery cell manufacturing for their planned joint venture. The joint venture will localize battery cell production for commercial electric vehicles and is expected to create […] The post Accelera, Daimler, PACCAR Choose Mississippi for Battery Cell Production appeared first on NGT News.

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The Panama and Suez Canals: A Guide for Importers Navigating These Supply Chain Disruptions

Dedola Global Logistics

Two major maritime routes – the Panama and Suez Canals – face unique challenges that continue to reshape the landscape of international trade and logistics. The Panama Canal’s Present Challenge The Panama Canal handles 3% of global maritime volumes and 46% of volumes from North East Asia to the US East Coast. The Panama Canal, a critical artery in international maritime trade, is experiencing its worst drought in decades, significantly reducing water levels in Gatun Lake.