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Today, 75 to 80% of cargo arrives on time. It fixed a glaring business problem in the industry – a tacit understanding that container liners would charge extra, on top of existing fees, if they had a container they could ship for more (rolled cargo). As long as you know which 75 to 80% is, you can provide a guarantee on that.
Strong Software Bookings Growth Highlights First Half 2017 Results for JDA. TSA reviewing cargo screening, concerned about terror vulnerabilities (CNN). Finally, in the 3PL realm, C.H. For the fiscal year ending May 31, 2017, Milgram had approximately $155.3 In Q2 2017 , Global Forwarding net revenues increased 24.5
Amazon reported its Q2 2017 results yesterday. Norway Takes Lead in Race to Build Autonomous Cargo Ships (WSJ – sub. Ryder Reports Second Quarter 2017 Results. Shipping expenses increased 36 percent in the quarter to over $4.5 Hunt Transport Services, Inc. ATA Opposes Efforts to Delay ELD Deadline.
The post This Week in Logistics News (December 4-8, 2017) appeared first on Talking Logistics with Adrian Gonzalez. We decided to collaborate with Descartes because of their expertise in multi-modal transportation messaging and customs filing. And with that, have a happy weekend! Song of the Week: “Two High” by Moon Taxi.
From the last half of 2017 through today and beyond, a slew of market forces, some predictable and some unexpected, have combined to create a very real truck capacity shortage in the United States. economy in 2017 and so far in 2018, manufacturers have been producing more goods than usual and requiring more freight to be shipped.
It’s December 1, the beginning of the end of 2017. For the Port Authority of New York and New Jersey, October’s total cargo volume broke the all-time record for the month. The post This Week in Logistics News (November 27 – December 1, 2017) appeared first on Talking Logistics with Adrian Gonzalez. Pringles !).
In the meantime, here’s this week’s supply chain and logistics news: Amazon Plans Air Cargo Service for Chinese Customers (WSJ – sub. According to an article in the paper this week, “[Amazon] is planning to offer its sellers in China the ability to fly their goods internationally as air cargo, according to an Amazon Logistics site.”
Our salute to the best advancements in supply chain technology, processes and labor management from 2017. GEODIS, a third-party logistics provider (3PL), is using exoskeletons to support and protect employees’ backs at its warehouse in Venlo, the Netherlands. Content Summary: First Self-Sailing Electric Cargo Ship Set to Launch.
Cargo Owners Complain of ‘Total Mess’ Shipping Goods to Asia (WSJ – sub. Automated Truck Firm Raises $60 Million (WSJ – sub. Turnpike travelers will see semi-autonomous trucks on the road this year (Cleveland.com). These Giant Drones Could Seriously Disrupt the Shipping Industry (NBC News).
Hypleroop One is rebranding itself as Virgin Hyperloop One, and Branson is joining the board…Virgin Hyperloop One will focus on a passenger and mixed-use cargo service.
are now using at least one 3PL in their operations. Armstrong's research reveals that 90% of domestic FORTUNE 500 companies use at least one 3PL; that represents a significant gain over the past 15 years, when only 46% of the companies had a relationship with a 3PL, so the number has almost doubled since the turn of the century.
Transportation Industry Braces for a Looming Transportation Capacity Crunch Crisis in 2017. So, fleet managers need to ask a fundamental question, “What does it mean if my drivers, assets and cargo are continuously connected to the enterprise and how can I leverage this fact to create value for my organization?”
I wrote that back in December 2017 as part of my supply chain and logistics predictions for 2018. req’d) Global Blue Chips Intensify Efforts to Increase Supply Chain Transparency (WSJ – sub. req’d) Walmart taking over operations at Inland distribution centers [operated by Schneider Logistics] (The Press-Enterprise).
Just 14 years later, the first air cargo flight took place in 1910. The third-party logistics (3PL) industry — those that help businesses efficiently manage logistics across their supply chains (from 3PLs to truckers to warehouse managers) — represents an $800 billion industry on its own.”
Top View Cargo containers ship logistics transportation Container Ship Vessel Cargo Carrier. A new report from the industry association E-commerce Europe found that there was a 15% growth in 2016 and the industry is predicted to be worth €602 billion by the end of 2017. 5 Benefits of Working With a 3PL. Whistl (7/1/2017).
Target has been ramping up same-day delivery offerings in 2017; in August, it acquired Grand Junction, a startup that connects retailers to carriers. According to Reuters, Tesla is working to show the trucking community that it can build an affordable electric semi with the range and cargo capacity of diesel trucks.
Back in July 2017, I interviewed Bennett Adelson, the former CEO of MacroPoint (which was later acquired by Descartes Systems Group, a Talking Logistics sponsor) about OTIF and how it is driving demand for visibility solutions. But a partial shipment that arrived two days late would incur a 3% fine on all the cases, not just the missing ones.
Even with all those records and peaks, one statistic stands out for me: As 2017 drew to a close, national average rates were higher for spot market trucks than for their contract fleet counterparts , for all equipment types. Spot market rates rose slowly at first, then rocketed up in the summer of 2017, surpassing contract rates in December.
Full block train, single or multiple containers, LCL shipments and oversized cargo are available options. Robinson offers empty container pick up, collection at factories, customs declaration at origin, customs clearance and further pan-European distribution by intermodal and truck services at destination areas.
Logistics providers, both 3PL and 4PL, are driving the shared economy within the supply chain, offering shared services to customers such as higher filling rates of transport vehicles, better utilisation of warehouse space, reduced logistics costs , and/or a lower carbon footprint. Why Businesses, Large and Small, Think it’s Fair to Share.
From investing in smart automation solutions like collaborative mobile robots to improve warehouse productivity to route and supplier optimization and outsourcing logistics to a 3PL , there are several strategies that can help companies reduce logistics costs. Outsourcing internal operations (3PL). Dropshipping.
In 2017, Coyote announced plans to put a 50,000 square foot hub at Atlanta’s Armour Yards, and the company has accumulated numerous accolades, from being named a Top 3PL provider in the TMS category of Logistics Management’s Quest for Quality awards to landing a spot on Inbound Logistics’ list of the 2018 Top 100 3PL Providers and more.
Pando provides an AI-powered , no-code Fulfillment Cloud platform aimed to provide manufacturers, retailers, and 3PL s with a single pane of glass to streamline the end-to-end order-to-fulfillment process, to improve service levels, and reduce carbon footprint and costs. This event was led by I Squared Capital.
For a more seamless process, it’s essential shippers work with a customs broker or third party logistics provider (3PL) with local offices in the area. In 2018, Brazil’s busiest container cargo port handled 4.3 million TEUs in 2017. Free trade agreements. million TEUs, compared with 3.85
While the changing atmosphere of ocean carrier alliances for containerized cargo isn’t something new, it’s certainly top of mind for many shippers and carriers alike thanks to a tumultuous last few years. Many carriers are now “rebooting” in 2017, and alliances are collectively designing loop services in order to provide competitive networks.
Imagine an ocean cargo ship with the ability to automatically update information in a transportation management system via drones as cargo is unloaded and loaded. Therefore, the 3PL will become the dealer of the card game, and shippers will look to the dealer before deciding how to play their order fulfillment hand. .
Container Cargo Imports Surged at End of 2016 (WSJ – sub. Moving on to third-party logistics (3PL) news, UPS announced the purchase of Freightex , a U.K.-based If you’re a 3PL stuck in the middle, how do you compete and grow in the years ahead? Federal Judge Deals Swift Transportation Legal Setback (WSJ – sub.
billion on air cargo hub, fans talk of bigger ambitions (Reuters). billion to build a large air cargo hub in northern Kentucky. , and the sad realization that there will be no more letters from Sparkles either, written in old-school cursive, revealing secrets from Fairyland. — Amazon to spend $1.49
2015 was a record year for 3PL M&As, driven by the need to optimise assets, increase scale, and increase reach. 3PL Relationships Are All About Personal Relationships. Niche specializations in routes or types of cargo can still win over shippers that are looking for reliability first and foremost.
Moving on to President Trump, in my predictions for 2017 post last month, I wrote the following: Will President Trump kill the Trans-Pacific Partnership (TPP) and renegotiate NAFTA? (By the way, to put “150 containers since October” into perspective: Walmart imported 775,400 TEUs in 2014, which works out to 2,124 TEUs imported per day.).
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