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Bringing Freight Online With WebCargoNet And Freightos. But this story is more about a vision for a better future of freight, than just another acquisition. There’s unprecedented volumes of global shipments , growing international trade, more flexible supply chains, and easier sourcing than ever before (Alibaba, anyone?).
Founded in 2016, and located in Fort Wayne, IN, Princeton TMX provides an intuitive user experience, configured to meet specific business requirements and streamline, automate, and optimize all modes of transportation. An experience that was built by freight practitioners for freight practitioners. Hunt Transport, Inc.
The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. For Maersk, June of 2016 was the breaking point. After a rough 2015, the first half of 2016 was no different. The Post-2016 Strategy: End-to-end Shipping. The Freight Game of Thrones.
Air Freight Rates Peak, Ocean Rates Slowly Sink: Freight Rate Update Wk 50. Beyond bad weather and peak season, there are several other contributing factors for the air freight increase, including brisker world trade, burgeoning cross-border e-commerce, and air freight growth for several non-retail sectors.
We have already covered the top 6 trends for 2016 in manufacturing. 2016 Supply Chain Trends: The First 7 of 12. 2016 Supply Chain Trends: The First 7 of 12. Today we will begin our two part series covering the 2016 supply chain trends we expect to see come to fruition in the next year.
Amazon’s Prime membership has been available in India since 2016. In September 2022, Macy’s rolled out its first-ever wood-sourcing policy for its furniture sales after more than 150 years in business. It requires the use of responsibly sourced wood or recycled or reclaimed materials.
Media sources are filled with prognostication. The Freightos Baltic Index: Global Container Freight Index shows that rates over the last six months are in-line with the historic average between 2016 and 2020. The end of the calendar year is sure to bring about predictions about the year ahead.
DB Schenker Signs on With uShip Online Freight Platform (WSJ – sub. project44 Achieves Groundbreaking Level of Connectivity with 1000+ Freight APIs. Trucker Path Joins AscendTMS™ to Offer Free Transportation Management Software (TMS) to Carriers and Freight Brokers. Transplace: July SOLAS Mandates: What You Need to Know.
May their memory continue to be a source of strength and comfort to their families and friends and us all. February 2016Freight Transportation Services Index (TSI). Speaking of container ships, there continues to be a lot of confusion and uncertainty surrounding the new SOLAS requirements, which go into effect on July 1, 2016.
Freight Rates News. Freight and logistics trends that rate in the news. Check out our roundup of nearly 100 digital logistics/supply chain sources. OUR TAKE There is a lot more flexibility with parcel delivery, but some aspects of this change also applies to freight. A great way to close Freight Rates News!
Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Freight Rates 2019-2021. As a result, companies plug along planning based on historic lead times and freight rates which as you can imagine is doomed for failure.
“Logistics in Motion” was the theme of Descartes’ Evolution 2016 Global User & Partner Conference , and it adequately describes the dynamic nature of the logistics industry as well as the company. Therefore, selecting the right freight forwarding and customs brokerage partner is very important.
enVista Releases New Analytics Dashboards for Freight Audit and Payment Solution. Honeywell explores acquisition of JDA Software – sources (Reuters). June 2016Freight Transportation Services Index (TSI). Robinson Announces the Release of Navisphere Carrier. White House races to finish drone rules (The Hill).
Transervice Announces Launch of Tech-Based Freight Management Company. This live and predictive analytics platform filters through news sources (including Lloyd’s Maritime, CNN, and more), blogs, social media (ex. Twitter), and natural disaster alerting sources to find and disseminate content relevant to global supply chains.
The freight industry of today is evolving rapidly. It is no longer bound by the traditional constraints of the economy, and Amazon is gearing up to begin expanding to be the best of the global freight shipping providers. 8 Freight Shipping Trends Shippers Must Know for 2017. Freight Rates Will Increase.
Freightos Launches First International Freight Marketplace to Power $2 Trillion Worth of U.S. Ryder Reports Second Quarter 2016 Results. The same routing and pricing technology now powers the Freightos Marketplace giving SME importers and retailers the unprecedented ability to compare, book, and manage freight rates in real-time.
What will happen in 2016? How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Will interest rates continue to climb in 2016, and if so, what impact will it have on inventory levels? In other cases, we simply fail to see the forest for the trees when making predictions.
OHL Launches Freight Consolidation Services Offering. Two of my supply chain and logistics predictions for 2016 were that companies will start focusing more on improving their workforce planning capabilities and that blockchain technology will make its debut in supply chain management. UPS Enhances Flex Global View.
Robinson Opens Second Air Freight Screening Facility. November 2015 North American Freight Numbers. Robinson’s in-house screening facility includes approximately 20,000 square feet of warehouse space, state of the art screening machines, and a dedicated air freight team to screen air freight that moves through the facility.
Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. More on Maersk’s transition to an end-to-end provider can be found in this 2020 report.
In 2016, LEGO and Old Navy chose supply chain professionals to lead their organizations. We’re wrapping up 2016 with a recap of eleven logistics technology trends that shaped the year; and will change how goods are produced, shipped and consumed in 2017. Download the full Q4 2016 LogTech report for 50+ updates. FREE DOWNLOAD.
August 2016Freight Transportation Services Index (TSI). One of my predictions for 2016 was that we would see increased innovation to simplify and expedite trading partner (B2B) connectivity, which is at the heart of what Appterra does, a company Descartes acquired this week for $5.8 Looming digital regulation has U.S.
Descartes’s acquisition of Datamyne in 2016 marked their initial foray into providing a broader trade solution set; a solution said that continued to help clients with trade compliance but also included more strategic trade analysis data. The solution can also improve supply chain decision making.
This tremendous growth was driven by freight shipping, which scaled in size but didn’t significantly improve underlying technology, getting bigger, not getting smarter. In an era that has embraced data technology for improving everything from entertainment to finance, freight is still manual. Sources: A , B.
In 2016 PWC introduced an Online Self-Assessment tool for supply chain digital maturity. Source: Schumacher et al. With economies on the bounce-back, logistics continues to be the backbone of modern society and with the need for a lean freight sector. Supply chain digital readiness and maturity models. Dr. Shereen Nassar.
The sky and what’s beyond, an endless source of creativity and imagination for kids and adults alike. DAT’s Accelerated Freight Matching Launches with New Load Board App for Carriers and Paperless Onboarding Service for Brokers. R2 Freight & Logistics, Inc. One Network Delivers Real Time Value Network 17.0:
Here’s what ATA Chief Economist Bob Costello had to say: “Clearly, 2016 started soft for truck tonnage. There was a deceleration in freight volumes during the second half of 2015 which continued into the first month of 2016. So, that tells me that the inventory situation continues to weigh on truck freight volumes.
Freight Companies Scramble to Reroute Goods in Wake of Harvey (WSJ – sub. LevaData to Transform Strategic Sourcing for Global Procurement and Supply Chain Leaders. The real-time freight visibility space has been heating up in recent years, with MacroPoint leading the way, along with FourKites and 10-4 Systems.
The Collaborator has been reviewing respected sources of industry analysis to gain perspective on the trends being predicted to materialize in supply chain logistics for 2016. Gartner suggests the growing emphasis on wringing efficiencies from the supply chain will drive the adoption of more complete, single-source solutions.
Source: Google. Descartes Systems Group Revenue 2006-2018 (Source: macrotrends). Real-time freight visibility is quickly becoming a “must have” capability for transportation managers. Simply put, real-time freight visibility is hot right now, with both customers and investors. Where is Descartes today?
Source: Adelante SCM poll of MercuryGate clients. The progress here is also mixed: Source: Adelante SCM poll of MercuryGate clients. Source: Adelante SCM poll of MercuryGate clients. Source: Adelante SCM poll of MercuryGate clients. Source: Adelante SCM poll of MercuryGate clients.
CEVA Logistics provides both freight management and contract logistics services for a range of customers across all sectors. The company provides comprehensive freight forwarding services across all modes, domestic and international, including customs house brokerage and door-to-door ground services. 2016 revenues: $2.31
Amazon is even entering the transportation space, signing agreements with the Air Transport Services Group and the Chinese government to enter into the freight cargo business – effectively cutting out the middleman. It’s great to offer same day shipping, but what happens if there’s a catastrophic level disruption at the origin source?
But issues surrounding labor and rising fuel prices pose real threats to the freight industry. For comparison, in 2016, diesel fuel prices were just US $2.14 Technology Comes to the Aid of Freight Companies. Technological solutions are helping many companies keep up and adjust to ever-changing consumer expectations. per gallon.
In 2016, the value of goods traded between the two countries topped $525 billion, making Mexico the third largest trading partner of the U.S. Understand the 3-Legged Freight Movements at the Border. Companies carrying freight across the U.S.-Mexico It can help increase overall capacity and reduce freight costs.
Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030. The Sustainable Freight Action plan released by California governor Jerry Brown outlines a long-term 2050 vision and guiding principles for California’s future freight transportation system. Source: Commerce Dept.
2017 started right where 2016 left off: with plenty of supply chain and logistics news. Uber Freight Just Launched and Trucking Will Never Be the Same (Inverse). October 2016 North American Freight Numbers. Happy New Year! I hope everyone had a fun and relaxing holiday. The answer is at the end. million in cash.
We will then conclude the 5 main categories by featuring the top 10 freight articles of 2015. In fact, we will release next week our first e-book of 2016 (of a monthly series of e-books) which will highlight several areas for shippers to focus on in order to create an effective transportation and logistics management strategy. .
Its mission is to gather and integrate data from various sources and orchestrate it in such a way that it enhances supply chain visibility and efficiency. According to the 2016 3rd Party Logistics Study , 3PL customers are outsourcing more of their logistics services. Live market freight rates? What does it look like in action?
Source: Amazon patent. For related commentary, see The Rebirth of Transportation Marketplaces (UberCARGO, Cargomatic, and Freight Friend). million in premiums for cyber-specific policies in 2016, according to Advisen Ltd., premiums tracked in 2016 compared with 9% the year before. Manufacturers paid $36.9
Source: BluJay Solutions. 17+ billion freight spend on Transportation GTN. One More Prediction for 2016: Blockchain Technology Will Make Its Debut in Supply Chain Management. Enabling Labor, Freight, and Cash-to-Cash Savings with Supply Chain Operating Networks. billion transportation transactions annually.
But issues surrounding labor and rising fuel prices pose real threats to the freight industry. For comparison, in 2016, diesel fuel prices were just US $2.14 Technology Comes to the Aid of Freight Companies. Technological solutions are helping many companies keep up and adjust to ever-changing consumer expectations. per gallon.
Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Freight Rates 2019-2021. As a result, companies plug along planning based on historic lead times and freight rates which as you can imagine is doomed for failure.
In March 2024, the Joint Office of Energy and Transportation released the National Zero-Emission Freight Corridor Strategy , which aims to decarbonize and advance zero-emission freight along the United States main shipping corridors. Nikola, which announced its Nikola One and Nikola Two models in 2016 and 2019, respectively.
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