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He began his career in the South African Air Force and later spent more than a decade with the International Air Transport Association (IATA), where he held various leadership positions in South Africa, Spain, and the United States, including President of Cargo Network Services Corp., cargo subsidiary. cargo subsidiary.
In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long Walmart Canada is piloting an automated receiving solution. mile-long span. The collapse sent vehicles and people plunging into the water.
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. Finally, Reliance is a leader in specialty insurance products such as usage-based cargo insurance, shippers interest policies and Mexican cargo.
Ports are having to off-load cargo onto the new mega-ships offshore from multiple smaller ships because they don’t have the capacity to handle the bigger vessels. Companies looking to contain logistics costs have to use creative solutions, like digital technologies to overcome price increases and capacity shortages.
Port and maritime operations are critical to the stability of the global supplychain and the global economy. When terminals cannot move cargo, the costs can escalate quickly. When shipping giant Maersk fell victim to NotPetya malware in 2017, the costs were estimated at between $200 and $300 million.
Oil prices tanked, cancellations increased and Maersk drilling and supplychain services would run up nearly $2 billion dollars in annual losses. But shipping remains an open market and regardless of technology or how far in the supplychain Maersk stretches, it still has 4.1 million TEUs of capacity it must fill.
billion ‘Green Gateway’ rail expansion The CrowdStrike software bug that crashed Microsoft operating systems and caused the largest IT outage in history caused disruptions at U.S. The new issue for the global supplychain comes amid a rise in global demand, with shipments up 13% year-over-year in June.
Existing technology for EV batteries can only create cells that last up to 20 years or around 200,000 miles before their capacity drops too low to power a vehicle. This will certainly be an interesting area to watch, especially as electric vehicles become more commonplace and apply to the global supplychain.
So, without further delay, here’s the supplychain and logistics news that caught my attention this week: UPS, Overwhelmed by Online Orders, Warns of Delivery Delays (WSJ – sub. Ford to test new self-driving vehicle technology in 2018 (Reuters). Fetch Robotics raises $25 million to automate warehouses (VentureBeat).
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.
In 1995 airlines via online travel marketplaces started selling tickets directly to consumers online and by 2017, 83% of US travellers were using digital channels to book their trips. It was made possible by a foundation of pricing and capacity automation dating back to Sabre’s reservation system in the ‘60s.
Our salute to the best advancements in supplychaintechnology, processes and labor management from 2017. This is our annual salute to the best in people, processes and technology within the supplychain arena. We think you’ll enjoy this year-end recap of supplychain innovations and best practices.
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. He also added that such technology is not “realistic” right now. Bpost to Buy Radial for $820 Million (WSJ – sub.
Anyway, I’m on borrowed time again this morning, so let’s go straight to the supplychain and logistics news that caught my attention this week: Kewill and LeanLogistics Rebrand as BluJay Solutions, Unveil World’s First Global Trade Network. Maersk and IBM Unveil First Industry-Wide Cross-Border SupplyChain Solution on Blockchain.
2017 started right where 2016 left off: with plenty of supplychain and logistics news. Subscribers use Datamyne’s web-based solutions and business intelligence tools to augment, speed up and simplify trade data research, and to shape global marketing, prospecting, and sourcing strategies. Happy New Year!
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.
If you’re a supplychain or logistics company interested in sponsoring the team, or if you’re a supplychain or logistics professional with a direct or indirect connection with T1D, or you’re an avid cyclist or someone looking to take on a challenge for a great cause, please contact me for more details on how to join the team.
By combining all these energy generation technologies together and monitoring the systems with more than 1,000 sensors, the vessel, refurbished from a racing catamaran, is always able to move. The Energy Observer project started in France in 2017 with support from French industries. And it is doing this better and better every year!
August is usually a quiet month for supplychain and logistics news, but not this year, especially the past couple of weeks. LevaData to Transform Strategic Sourcing for Global Procurement and SupplyChain Leaders. Strong Software Bookings Growth Highlights First Half 2017 Results for JDA.
Amazon reported its Q2 2017 results yesterday. Moving on, here’s the rest of this week’s supplychain and logistics news: Freight-Booking Startup Convoy Raises $62 Million (WSJ – sub. Norway Takes Lead in Race to Build Autonomous Cargo Ships (WSJ – sub. Ryder Reports Second Quarter 2017 Results.
🙂 Rethinking supplychains is a reader-supported publication. For small-to-medium-sized businesses (SMBs), e-commerce is an opportunity to sell to a larger customer base and to take advantage of various tech tools to compete with larger businesses. Automated Compliance: Streamlined documentation for cross-border trade.
More findings on the cloud cargo transportation and warehouse management systems you may discover on the web. Each industry has its peculiarities, among the others, in the logistics, manufacturing, and supply. It cuts down costs on software maintenance and upgrade. The cloud-based logistics has lots of metric tools.
EU proposes supplychain emergency powers, spooking business. After a successful pilot program at 70 stores, Walmart Canada is expanding its partnership with software company Focal Systems to bring a computer vision artificial intelligence solution to stores throughout the country. average hourly wage above $17.
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 the meantime, here’s this week’s supplychain and logistics news: Amazon Plans Air Cargo Service for Chinese Customers (WSJ – sub. Robinson , Descartes Systems Group , and Elemica are sponsoring this year’s team and employees to participate in the ride, which will be September 14-16 in Saratoga Springs, NY.
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.
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?
The report, titled Impact of the Fourth Industrial Revolution on SupplyChains , provides preliminary considerations for Fourth Industrial Revolution-driven supplychains. Wolfgang Lehmacher is Head of SupplyChain and Transport Industries at the World Economic Forum.
In his 2017 annual shareholder letter , Bezos lauded “divinely discontent” customers as innovation drivers. According to their 2017 annual report, over a quarter of Amazon’s third-party sales (which represent half of Amazon’s sales) are cross-border. billion between 2015 and 2017. Amazon Fulfillment. billion to $21.7
Southern California Wildfires and Windstorm Client Alert SupplyChain Risk Alert Severe wildfires and windstorms have impacted Southern California since January 7, 2025. Exiger empowers clients to assess the impact of wildfires on their supplychain through cutting-edge visualization tools that map the geolocations of their suppliers.
We salute the year’s top advancements in supplychaintechnology and processes. Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supplychain roles are rapidly being transformed into all-new opportunities. Warehouse Automation.
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. Descartes Reports Fiscal 2017 Second Quarter Results.
Supplychains have been around since people realized they had things worth trading. As new technologies emerged, supplychains transformed to take advantage of these technologies. As a result, transformation has been and remains an essential characteristic of supplychains.
A recent episode of CBS’s “60 Minutes” ran a segment on some of the issues involved in the current global supplychain crisis — focusing primarily on U.S. For the supplychain to work smoothly, a complex and highly choreographed dance, involving both full and empty shipping containers, must be performed.
India has a robust manufacturing sector, with typical products including textiles, chemicals, food, steel, transportation equipment, cement, mining, petrochemicals, machinery, software and pharmaceuticals. . With its GDP of $9.474 trillion as of 2017, India is the third-largest economy in the world, behind China and the US. as of 2017.
Discussions about blockchain technology generally fall into one of two categories: cryptocurrency or supplychain. Because the technology remains in its infancy, most discussions about blockchain in the supplychain are filled with hype and hope. ”[2]. Beyond the hype.
E2open to Acquire INTTRA, Adding the World’s Leading Ocean Shipping Network and Software Provider, Creating an Integrated Global SupplyChain and Logistics Operating Network. Combination of E2open and INTTRA forms the Global Logistics and SupplyChain Network with Access to World-Wide Ocean Container Capacity and information.
Discover why experts predict robust storms and how to safeguard your supplychain. The 2024 hurricane season is expected to be extremely active, with multiple forecasts predicting above-average activity, increasing the potential for supplychain disruptions. Resilinc’s data reflects this change.
Today, there is a lot of talk about supplychain transformation and the emerging technologies driving that transformation. We need to remember there are some traditional supplychain principles that still apply — even in the Digital Age. Seven timeless supplychain principles. ”[2]. Principle 3.
Guarding Against Cargo Theft Cargo theft is one of the largest risks associated with pharmaceutical manufacture and transport. Between May and June 2017, more than 90 percent of cargo thefts involved trucks. The first step to preventing cargo theft is to complete a risk assessment. These cargos are also at risk.
In the past, articles about blockchain (aka distributed ledger) technology primarily focused on cryptocurrencies, like Bitcoin. Increasingly, however, articles about blockchain technology focus on how it can help improve supplychain operations. Addressing supplychain complexity. ”[1]. ”[3].
In the supplychain arena, this tendency can have serious economic and reputational consequences. Doug Surrett, Chief Product Strategist for BluJay Solutions, insists, “Companies need to come clean and eliminate common supplychain offenses to deliver the greatest value to their customers.”[1] Deadheading.
The term “supplychain” was coined because it denoted key linkages from raw resources to finished products. Connecting those links has been the essence of supplychain operations since trading first began. Through the centuries there has also been a focus on making supplychains more efficient.
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