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Freight tons moving on the nation’s transportation network will grow 40 percent in the next three decades while the value of the freight will almost double, increasing by 92 percent, according to the latest projections by the U.S. trillion in 2015). That is the “hundreds of billions of dollars” question.
Brad is the Founder of JBF Consulting , which specialize in freight technology – strategy, system integration, implementation and deployment. Brad is a highly recognized senior supply chain leader with over 23 years of managing, designing, and implementing freight transport technology. Freight Tech Trends with Mike Mulqueen.
I threw in a healthy dose of interesting (globalization, shipping trends and the business of logistics), a dash of history (the evolution of longitude), a sprinkle of next generation manufacturing (lean manufacturing) and some great company success stories (FedEx, Walmart. I think you’ll like the list too.
All road and rail freight duties and regulations regarding the entry of road carriers are under the jurisdiction of the International Chamber of Commerce. During the 1980s, and specifically in the world of transport, deregulation continued with the Motor Carrier Act of 1980, which reduced regulation of road freight rates and entry conditions.
In 2003, Mike founded his own successful freight brokerage, Advantage Freight Network (AFN), growing it to over $170M. As a broker insider, Mike saw first-hand how antiquated the freight procurement process was for manufacturers, retailers and distributors. About Sleek Technologies. Mike Nervick LinkedIn.
I started my career working in 3PL’s – one of which was the largest freight forwarder in the world in the 1990’s. Running a cost effective and safe supply chain distribution network across multiple geographies in the Asia Pacific region manufacturing and shipping chemicals where we averaged one delivery every 50 seconds.
. “Freightera is a B2B website focused on finding the best deals for shipping, compiling different companies’ quotes in a manner similar to flight and hotel comparison sites.” ” “The company’s website states, “It’s difficult for all but the largest companies to negotiate volume discounts on shipping.
Despite past lessons from 2003’s SARS outbreak and 2011’s Fukushima tsunami about the hidden weaknesses in their supply chains, companies are challenged to manage logistics concerns stemming from sourcing strategies and risk management.
Two early pilots were facilitated by Supply Chain Network and carried out in 2003 and 2006 with both representing successful demonstrations of the potential supply chain benefits available through ‘Internet of Things’ implementations.
LTL, or Less-Than-Truckload shipping, represents the transport of freight that doesn’t require an entire truck’s space. formerly known as YRC Freight, sent shockwaves throughout the transportation industry due to its dominant position. The repercussions are profound, with the LTL shipping sector being notably impacted.
Founded in 2003, Utah based Avetta has reportedly deployed by 500 clients located in more than 130 countries. The software and managed services of this provider were augmented with the acquisition of New South Wales based Pegasus in 2021.
Fuller is the Founder & CEO of Freightwaves, a media and intelligence platform sharing up-to-the-minute news, commentary, and data analysis on the freight forwarding industry. . freight agents. . economic forecaster of the year in both 2003 and 2014. . Twitter: @FreightAlley. Cassandra Gaines. Twitter: @MadGainesLive.
The Kiva Robotic Picking System: The idea for the orange AGV-like robots that bring inventory to order pickers was first conceived in 2003 by CEO Mick Mountz, and with the help of some MIT professors Kiva brought the technology to market less than two-years later. The LCC is now of course a standard logistics practice today.
Passages, capes, and straits are defined as geographical areas through which international shipping routes must transit. Chokepoints commonly have shallow, constricting depths, which hinder navigation and place restrictions on ship capacity. Potential for closure or interruption. It is approximately 190 kilometers long.
1, 2018 /PRNewswire/ — Canadian freight digitization startup Freightera is honored to announce that CEO Eric Beckwitt has just won the 2019 Clean50 Award for his outstanding contribution to advance the cause of sustainability and clean capitalism in Canada over the past two years. VANCOUVER, British Columbia, Oct.
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