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states, obvious disruptions to supplychains and supplychain risk management were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. containerized loaded cargo volume and more than 18% of the East Coast container trade.
I seethed as the news stations celebrated supplychain success for the December holidays. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. The supplychain can handle cost increases more easily than variability. I am worried.
For Maersk, June of 2016 was the breaking point. After a rough 2015, the first half of 2016 was no different. Oil prices tanked, cancellations increased and Maersk drilling and supplychain services would run up nearly $2 billion dollars in annual losses. The Post-2016 Strategy: End-to-end Shipping.
We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, SupplyChain, Logistics, and Transportation Management. We have already covered the top 6 trends for 2016 in manufacturing. 2016SupplyChain Trends: The First 7 of 12.
This is particularly true on the air cargo side… but certainly not limited to air. To be highly automated, to drive real value to carriers, forwarders, and shippers, and to make sure the majority of the process for the vast majority of the bookings is automated with zero human touch.
The National Transportation Safety Board has recommended the installation of such technologies in all new passenger vehicles. and Israeli startups focused on logistics, the supplychain and customer fulfillment. and Israeli startups focused on logistics, the supplychain and customer fulfillment.
Technology and Culture. A version of this article originally appeared in The Journal of Commerce (August 6, 2016). Technology and receptivity to technology don’t always move in lockstep. Technology has never been more critical for logistics than now. The Cultural Obstacles to Better Logistics. Risk Aversion.
It was a relatively quiet week for supplychain and logistics news, with robots and weak freight demand dominating the headlines. Air cargo firms feel the pressure from plunge in freight prices (Reuters). Honeywell To Acquire Intelligrated, A Leader In SupplyChain And Warehouse AutomationTechnologies.
In 2016, he was recruited to join MacroPoint. Mark expanded MacroPoint’s visibility technology into Mexico and got MacroPoint into shipper markets which enabled its acquisition by Descartes in 2017 for $107 Million. During his tenure, they went from $500M to $3B in sales. For that reason, Mark founded Borderless Coverage.
With a holiday weekend upon us, let’s go straight to the supplychain and logistics news that caught my attention this week: Retailers Seek U.S. GE Acquires Top SupplyChainSoftware Provider ShipXpress to Expand Digital Rail Offerings. Help With Shipping Crisis (WSJ – sub. Hanjin handles about 7.8
We have exciting news at Freightos – we’re proud to announce that we’ve acquired WebCargoNet , a leading logistics technology provider. There’s unprecedented volumes of global shipments , growing international trade, more flexible supplychains, and easier sourcing than ever before (Alibaba, anyone?).
However, mobile technology is not new to the transportation world. For mobile technology and transport, the theoretical tipping point is in our rearview mirror. Price points for hardware and communications have fallen, and the reliability and capabilities of mobile technologies for transportation have vastly improved.
store operations by 9 percent over the past year, slashing hundreds of millions of dollars of goods from their balance sheets and suggesting space is opening up in their jammed supplychains. Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S.
10 Controversial Freight Predictions For 2016. There’s been several great predictions for logistics in 2016. Well, that’s China’s 2016 prediction. Parcel delivery has been transformed by technology and the impact of e-commerce on last mile delivery. 2016 will continue to be a busy year of consolidation.
10 Controversial Freight Predictions For 2016. There’s been several great predictions for logistics in 2016. Well, that’s China’s 2016 prediction. Parcel delivery has been transformed by technology and the impact of e-commerce on last mile delivery. 2016 will continue to be a busy year of consolidation.
When it comes to supplychain excellence, particularly in the retail sector, there is one behemoth dominating the landscape: Amazon. Amazon supplychain management is driving innovation and change at a pace that’s putting the pressure on other businesses to find a way to keep up, or fold.
How technology in logistics grew throughout 2016 is not limited to the technology that delivers products or enables better, faster picking processes. Many of these advancements were expected to bring substantial investment into supplychains, and they did just that. How Machines “Talk” Expanded.
Now, on to the supplychain and logistics news that caught my attention this week: Thoma Bravo Announces Acquisition of Elemica. April 2016 Freight Transportation Services Index (TSI). It’s why I coach. It’s why I love baseball. It’s why I can’t wait for our next game on Sunday. The robots are coming, the robots are coming!”
Robots continue to be a larger part of global supplychains. When it comes to deploying robots, warehouse technology is more established, as the use of robots within warehouses is set to grow significantly. One of the most difficult and expensive aspects of the supplychain is last mile and home delivery.
And a big show it was, with over 35,000 people on hand to see the latest innovations in retail technology. Amazon’s Prime membership has been available in India since 2016. Instances of cargo theft increased markedly in 2022, driven in large measure by thieves using fictitious pickups.
Executives are plotting alternate supplychains or devising products that can be made elsewhere should China’s hundreds of thousands of factories become inaccessible. semiconductor company Micron Technology, citing national-security risks. manufacturers re-evaluating their reliance on China.
In the meantime, here’s the supplychain and logistics news that caught my attention this week: EU Approves FedEx Acquisition of TNT Express ( WSJ – sub. INTTRA Collaborates with JDA Software for Streamlined Transportation Management. LoJack SCI and TransVoyant Partner to Deliver SupplyChain Risk Alerting.
2016 was an incredible year for tech in logistics as companies both large and small are working on some transformative technologies not just for logistics, but for society as a whole. Self driving Vehicles are no Longer Just Science Fiction In 2016 there seemed to be a new story every week about self-driving cars.
In other supplychain and logistics news… This is How Google’s Project Wing Drone Delivery Service Could Work (Fast Company). Logistical Labs Announces Technology Partnership with project44. Google was issued a patent this week related to drove delivery (“ Automated Package Delivery to a Delivery Receptacle ”).
Moving on to the supplychain and logistics news that caught my attention this week… Mercedes-Benz and Matternet unveil vans that launch delivery drones (TechCrunch). JDA Powers the Always-on SupplyChain with Latest JDA Manufacturing Planning Release. I’m rooting for love. Oracle Buys LogFire.
The International Maritime Organization’s (IMO) new requirements go into effect on July 1, 2016, stating that all packed containers must have verified gross mass weights reported to the carrier and terminal before loading. Shippers, beneficial cargo owners or non-vessel-operating common carriers (NVOCCs) are responsible for verifying weights.
Disrupted Logistics in SupplyChain Over the last four to five years, we have experienced disrupted logistics—broadly defined here as the interruption or complete breakdown of the supplychain functions at one or multiple levels. Similar behavior was seen across road transport and air cargo.
Moving on to this week’s supplychain and logistics news… Amazon ‘in talks over Hahn Airport base’ ( Lloyd’s Loading List ). Accenture Releases Enhanced Ocean Cargo Pricing Software to Provide Greater Pricing Visibility for Carriers. Paragon Software Systems updates PC*MILER interface.
I seethed as the news stations celebrated supplychain success for the December holidays. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. The supplychain can handle cost increases more easily than variability. I am worried.
Now, before I spontaneously combust in my house-turned-sauna, let’s go to this week’s supplychain and logistics news: Amazon to step up UK tests of delivery drones (The Telegraph). Ryder Reports Second Quarter 2016 Results. “Dead is dead,” the technician said in his thick Irish brogue, then he shook my hand and left.
Round extension led by GE Ventures, after 600% order growth in six months following the Freightos Marketplace launch and adoption of Freightos software by 1,000 freight forwarders. In August 2016, Freightos acquired WebCargoNet , a Barcelona-based technology provider of air cargo rate management and eBookings.
Now, on to this week’s supplychain and logistics news…. Cloud Logistics Announces Banner Results For The First Half of 2016. Within two years, it expects to have 40 similar used cargo jets connecting its package fulfillment centers across the U.S. Wal-Mart in talks to buy online retailer Jet.com (Reuters).
Augmented reality, or simply known as AR, is the usage of technology to superimpose computer-generated sensory input such as sound, videos, and images over a person's real-view world. The possibilities for AR may be endless, but how can this groundbreaking technology supplement and ultimately, improve the existing modern supplychain?
Another busy week, so let’s go straight to the supplychain and logistics news that caught my attention, headlined by a major acquisition in the transportation management systems (TMS) market: Kewill Announces Acquisition of LeanLogistics. Amazon partners with Atlas Air Worldwide for cargo services (MarketWatch).
In the tradition of David Letterman, (in no particular order) let’s hit the Top 10 SupplyChain Predictions for 2012. Supplychain risk will not go away. At the start of 2011, I wrote a blog (SupplyChain Risk and Charles Darwin) that highlighted 2010 as the worst on record for supplychain disruptions.
Driverless vehicles and package delivery dominated the supplychain and logistics news this week, so let’s go straight to it: Google wants to deliver packages from self-driving trucks ( Quartz ). Future of brokerage: Cargo Chief to bet on pay for time ( Overdrive ). Cass Freight Index Report January 2016. Package lockers.
Editor's Note: Today's blog is from our friend Kevin Hill with Quality Scales Unlimited who shares his expertise regarding the key trends in supplychain and transportation management. . Supplychains, both international and domestic, are under constant pressure to reduce their costs and enhance performance at the same time.
The Hyperloop and drones headlined this week’s supplychain and logistics news, so let’s go straight to it: Hyperloop One Accelerates Toward Future With High-Speed Test (WSJ – sub. March 2016 Freight Transportation Services Index (TSI). UPS-backed Rwandan blood deliveries show drones’ promise, hurdles (Reuters).
Are you attending the Council of SupplyChain Management Professionals (CSCMP) Annual Conference later this month (September 25-28 in Orlando, FL)? Many products are within the category of optimizers for supplychain needs. in Series A to Bring Real-Time Visibility to the SupplyChain via APIs.
Another Friday where I have limited time, so let’s go straight to this week’s supplychain and logistics news that caught my attention: Uber to move freight, target trucking for the long haul (Reuters). Elementum Expands SupplyChain Management Suite with New Inventory App Powered by World’s Product Graph™.
“There are no sacred cows here,” said Chris Timmer, Chief Commercial Officer at LeanLogistics (a Talking Logistics sponsor) in his opening remarks at the company’s ClientConnect 2016 conference last week. Later this year, the company will formally roll out LeanParcel, with rail and air cargo capabilities on the roadmap too.
Amazon has launched Amazon Air , its dedicated air cargo fleet, in India as the e-commerce giant bulks up its logistics infrastructure in the key overseas market where it has deployed more than $6.5 in 2016 with over three dozen Boeing freighter aircrafts. Amazon launched Air in the U.S. It also briefly tested the program in the U.K.
I’m on borrowed time this morning, so let’s go straight to the supplychain and logistics news that caught my attention this week: DAT Freight Index Hits All-Time High in September. Spot freight availability was 74 percent higher than in September 2016. He also added that such technology is not “realistic” right now.
“FedEx and UPS have ground to a complete standstill today due to what they say is a virus in their logistics shipping software…blaming the hacking group Anonymous after they declared their intention to punish shipping companies for halting shipments of flu vaccines into China. Could this fictional scenario come true someday?
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