[INFOGRAPHIC] Interesting Facts & Financial Breakdown of the Global Logistics Market

Cerasis

Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of Supply Chain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supply chain and logistics management. In this infographic you will learn, for example, that the global market value for logistics has surpassed $4trillion. What is a Logistics Framework?

Q&A: Doug Waggoner, Echo Global Logistics CEO

Logistics Management

Logistics Managment's Jeff Berman recently talked to Echo Global Logistics CEO Doug Waggoner on a wide range of industry topics, including the freight economy, technology, last-mile logistics, and ELD, among others

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Finance expert Virginia Henkels joins Echo Global Logistics board

The LoadStar

US 3PL and truck brokerage Echo Global Logistics has appointed Virginia “Ginnie” Henkels (pictured above) to its board of directors. The post Finance expert Virginia Henkels joins Echo Global Logistics board appeared first on The Loadstar.

Echo Global Logistics links its TMS with project44

DC Velocity

Freight broker will automate its management of LTL shipments by integrating software with APIs, IT firm says. Technology

Three factors that have made Singapore a global logistics hub

The Logistics Academy

Singapore has become one of Asia’s wealthiest nations, due in large part to its emergence as the highest-performing logistics hub in the region (see World Bank Logistics Performance Index ). ?. Over time, Singapore’s logistics sector has built world-class infrastructure and processes.

State of Global Logistics: Delivering above and beyond

Logistics Management

And, the right technology will play an increasingly vital role in driving efficiencies across the global logistics network Industry experts agree that costs across all sectors worldwide will continue to rise in 2018, and the most successful shippers will be those that are able to mitigate their impact on profitability.

Q&A: Doug Waggoner, Echo Global Logistics CEO

247 Customs Broker

Logistics Managment’s Jeff Berman recently talked to Echo Global Logistics CEO Doug Waggoner on a wide range of industry topics, including the freight economy, technology, last-mile logistics, and ELD, among others. Logistics Management (LM): How do you view the current state of the freight economy and the macro-economy? LM: The last-mile logistics market continues to gain traction.

Echo Global Logistics revenues surge 34.6% as it looks ahead to a strong year

The LoadStar

In yet more results, Echo Global Logistics announced a “breathtaking” fourth quarter, with revenues up 34.6%. The post Echo Global Logistics revenues surge 34.6% Air Land Loadstar leads Recommends Sea Supply chain Echo Global Logistics financial results

Global Logistics: Trade taking shippers for a ride

247 Customs Broker

As we continue to cover in our LM pages, the cloud of uncertainly will always hang over the heads of logistics professionals tasked with navigating global trade. Global GDP has been revised upward to 3.7% With that in mind, the editorial staff of Logistics Man­agement has focused much of this issue on the growing complexities in the global arena. Global trade is set to go on a tear this year, and it’s going to take shippers along for the ride,” says McCrea.

Tech titans JD and Google team up to expand global logistics operations

The LoadStar

Chinese e-commerce giant JD.com is set to expand overseas logistics operations, following a $550m cash investment from Google. JD said this would be achieved by combining its supply chain and logistics expertise with Google’s technology strengths.

Imperial Integrates Global Logistics Business Under Single Banner

Logistics Business Magazine

Imperial Holdings Limited is integrating the business operations of its logistics divisions, which had previously operated largely independently of one another, under a single ‘Imperial Logistics’ brand. Carsten Taucke, CEO of Imperial Logistics International B.V. &

Global Logistics: Trade taking shippers for a ride

Logistics Management

Global GDP has been revised upward to 3.7% in 2018, and this news of expanding economies will surely open new opportunities for U.S.-based. based. organizations in areas of the world where many have never done business, yet alone established carriers and service networks

State of Global Logistics: Delivering above and beyond

247 Customs Broker

A recent series of surveys conducted by a prominent industry think tank indicates that the current state of global logistics is characterized by extreme urgency and the pressure to deliver above and beyond—regardless of mode. Technology key to logistics evolution.

Echo Global Logistics partners up with project44 to automate LTL-based shipments

Logistics Management

Earlier this week, Chicago-based project44, a technology services provider offering standardized, secure Web service API (application programming interfaces) integrations enabling 3PLs and shippers to connect with carriers in real time said another Chicago-based player, Echo Global Logistics, intregrated project44’s SaaS services to fully automate end-to-end management of its less-than-truckload (LTL) and Volume LTL (VLTL) shipments.

Six strategic challenges – global logistics integration and the state of professional discourse

Logistics in War

In part one of ‘Six strategic challenges for Defence logistics’ Air Commodore Hayden Marshall describes how digital disruption and cyber threats are likely to change Defence logistics in the future. In part two, the challenges of globally integrated logistics and improving professional discourse are raised. Globally integrated logistics. Our key alliance partner (USA) published a Joint Concept for Logistics (JCL) in Sep 15. By Hayden Marshall.

Global logistics solutions group, WiseTech Global, acquires Belgian logistics solutions provider, Intris

247 Customs Broker

WiseTech Global today announced the acquisition of Intris, the leading Belgian provider of freight forwarding, customs and warehousing management solutions. Their solutions provide process efficiency, productivity and improve risk mitigation for logistics services providers.

E-commerce boom driving demand and investment in Asian warehousing

The LoadStar

Asia’s online retail revolution is driving major increases in logistics real estate investment, but a shortage of suitable e-commerce warehousing remains.

IT: driving new trends in trucking and brokerage

Damco

T he size of the Third-Party Logistics (3PL) market is expected to exceed $1.1 In international logistics, the value brought from outsourcing to 3PL companies will continue to stem from providing: Economies of scale (flexibility and synergy). Trucking by app? Yes, it’s a trend.

Are Foreign-Trade Zones Right for Your Business? 3 Questions to Help You Decide.

Damco

That’s why it is important to partner with an expert in global supply chain and logistics, who can perform an initial (and often free of charge) cost-benefit analysis. This may also be a job for your industry supply chain and logistics partner; particularly if they have an understanding of your needs, goals, and what you can gain from an FTZ in the short and long-term. appeared first on Damco Blog - Logistics News, Stories and Opinion.

Harnessing Supply Chain Reliability by Reducing Lead Time Variability

Damco

Today’s global companies operate within complex supply chains that require a coordinated flow of information, services, goods and payments within and across international boundaries. The post Harnessing Supply Chain Reliability by Reducing Lead Time Variability appeared first on Damco Blog - Logistics News, Stories and Opinion.

AirBridgeCargo Airlines Delivers MOTUL FIM Superbikes

Airfreight Logistics

AirBridgeCargo Airlines (ABC) transported and delivered 66 motorcycles on behalf of Universal Global Logistics S.A.U. We look forward to developing our cooperation with Universal Global Logistics S.A.U. Universal Global Logistics S.A.U.

How logistics can help win the e-commerce race in the Middle East

Damco

A shift in consumer buying behaviours coupled with the need for strong, reliable logistics expertise are likely to play a key role in the success of e-commerce in the region. Logistics – A key factors for e-commerce success.

CEVA and IMS Worldwide form Strategic Alliance for Foreign Trade Zone Services

Airfreight Logistics

It was recently announced by CEVA Global Logistics , LLC (CEVA) and IMS Worldwide, Inc. We have worked with them for over 12 years now, and a stronger, more integrated approach is going to be a great addition to our import and contract logistics operations.”.

Reduce Demurrage and Detention Charges with our New App Solution

Damco

The team of graduates, realized that there could be a digital solution to this problem that would help shipment companies save potentially millions of dollars globally. The app is first of its kind digital solution to tackle the problem of demurrage and detention charges globally.

Demo 62

DB Schenker honors Hispanic employees

DC Velocity

To mark National Hispanic Heritage Month, the global logistics service company salutes five female Hispanic executives for their contributions to the organization.

Fear of missing out is driving supply chain technology revolution

The LoadStar

As the supply chain ponders the possible uses of blockchain in logistics, Paul Brody, global blockchain leader for EY, dismissed suggestions that it is still “early days” for the technology. “We’ll “The future is here – it’s just not evenly distributed.”.

German Cars and American Steak: Here Are the First Trade War Victims

Supply Chain Brain

For automobiles and whiskey makers to companies along the complex global supply chain that defines modern manufacturing, it is a moment of reckoning as they grapple with higher costs and whiplashes from some of the earlier business decisions. Global Supply Chain Management Global Trade & Economics Regulation and Compliance Supply Chain Security & Risk Mgmt. Automotive Food & Beverage All Logistics Global Logistics All Technology Global Trade Management

Here's What Will Happen When China and U.S. Tariffs Take Effect Friday

Supply Chain Brain

Global Supply Chain Management Supply Chain Security & Risk Mgmt. Regulation and Compliance Global Trade & Economics Food & Beverage All Logistics Global Logistics All Technology Supply Chain Visibility Sourcing/Procurement/SRMImplementation is set to start at midnight June 6 in both countries, which gives Beijing a 12-hour advantage on Washington.

Supply Chain Caught in Crossfire of U.S.-China Trade Conflict

Supply Chain Brain

Global Supply Chain Management Supply Chain Security & Risk Mgmt. Regulation and Compliance Global Trade & Economics Aerospace & Defense Industrial Manufacturing High-Tech/Electronics All Logistics Global Logistics All Technology

New terror alert sparks tighter US air freight security, but ruffles few feathers

The LoadStar

Air Loadstar posts News ACAS AF-KLM Cargo American Airlines Cargo CBP MNX Global Logistics Security TSA US Airforwarders Association

How A.I. Will Transform Shipping and Logistics

Supply Chain Brain

is seeping into virtually every industry, and logistics isn’t immune. in logistics from Dan Stoll, senior technical manager of Nintex , a provider of workflow automation systems. Business Strategy Alignment SC Analysis & Consulting Global Supply Chain Management All Logistics Global Logistics Transportation & Distribution All Technology Supply Chain Visibility SC Finance & Revenue Mgmt.

Portrait of a Steel Town: Where Others Fear a Trade War, Coatesville Sees Hope

Supply Chain Brain

Global Supply Chain Management Supply Chain Security & Risk Mgmt. SC Analysis & Consulting HR & Labor Management Global Trade & Economics Industrial Manufacturing All Logistics Global Logistics All Technology Sourcing/Procurement/SRMThe plant had specialized in armor plating for warships and submarines since before the second world war. The only steel left standing after the World Trade Center fell — a wall of forked “trident” columns — was manufactured here.

IBM Will Marry Its New Verifier to the Blockchain, Transforming Diamonds, Olive Oil and Insurance

Supply Chain Brain

And as a rising tide of blockchain companies are competing to connect global supply chains to a shared, immutable ledger, IBM fellow Donna Dillenberger thinks that’s exactly where the real potential of the crypto verifier will be unlocked. Business Strategy Alignment Global Supply Chain Management Global Trade & Economics Supply Chain Security & Risk Mgmt. High-Tech/Electronics Food & Beverage Quality & Metrics All Logistics Global Logistics Transportation & Distribution

Cargo Trade Faces Life in the Slow Lane After Brexit

Supply Chain Brain

Global Supply Chain Management Global Trade & Economics Supply Chain Security & Risk Mgmt. SC Analysis & Consulting Regulation and Compliance Air Cargo All Logistics Global Gateways Global Logistics Transportation & DistributionBrexit risks putting U.K. freight in the slow lane as well. Everybody goes through passport control,” Els Creyf, duty manager at the P&O Ferries Ltd.

In Congo Outbreak, Ebola Vaccine Faces Cold-Chain Reality Tests

Supply Chain Brain

And in the current Ebola outbreak, that makes logistical, cultural and language barriers the ultimate challenges, global health specialists say. Global Supply Chain Management Humanitarian Logistics Quality & Metrics Supply Chain Security & Risk Mgmt. SC Analysis & Consulting Pharma/Bio-Tech Healthcare All Logistics Global Logistics Transportation & Distribution

U.K. Just Now Asks Business to Map Supply Chain Ahead of Brexit

Supply Chain Brain

Global Supply Chain Management Global Trade & Economics Supply Chain Security & Risk Mgmt. Quality & Metrics Regulation and Compliance SC Analysis & Consulting All Logistics Global Logistics Transportation & Distribution All TechnologyOne of the people expressed bafflement that it’s taken so long for the government to ask for the data.

When the U.S. Goes It Alone, What Does the Rest of the World Do?

Supply Chain Brain

Conventional wisdom, simple maths and plenty of recent evidence shows reduced global trade leads to reduced economic activity. Global Supply Chain Management Global Trade & Economics Supply Chain Security & Risk Mgmt. Regulation and Compliance Global Logistics All Logistics Transportation & Distribution All Technology Supply Chain Visibility SC Planning & OptimizationMuch more relevant now is any potential illnesses from a bout of inward-looking U.S.

Alibaba v. Tencent: The Battle for Supremacy in China

Supply Chain Brain

For sheer global commercial stakes, however, these epic clashes have nothing on the battle between the two heavyweights of the Chinese Internet industry, Alibaba and Tencent. Business Strategy Alignment Global Supply Chain Management E-Commerce/Omni-Channel Consumer Packaged Goods Retail All Logistics All Technology All Warehouse Services Global Logistics

Why Samsung Might Turn to Blockchain for Its Global Supply Chain

Supply Chain Brain

Companies in the logistics industry have been taking an extra-hard look at blockchain because it can accurately automate many of the current functions that require much slower and more costly human interaction. In total, the company’s logistics division, Samsung SDS, will take on 1 million shipping units and 488,000 tons of air cargo. Business Strategy Alignment Global Supply Chain Management Global Trade & Economics Quality & Metrics Supply Chain Security & Risk Mgmt.

This Guy Reinvented the Shipping Pallet, Making It Safer, Stronger and Smarter

Supply Chain Brain

The high-tech pallets have logistics experts doing cartwheels. "Today Global Supply Chain Management SC Analysis & Consulting Healthcare Pharma/Bio-Tech All Logistics Transportation & Distribution Logistics Outsourcing Global Logistics All Technology SC Planning & Optimization