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The Freight Market Place with Dave Maddox. Dave Maddox and Joe Lynch discuss the freight market place. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Other past employers that Maddox has worked for are nVision Global, Transplace, National Freight, Inc.,
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.
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.
Mark’s 35 years in transportation and logistics includes 17 years of experience with Transplace (now Uber Freight), where he held the position of Sr. In 2017, Mark was awarded the Supply Chain and Demand Chain Executive “Pro To Know”. An experience that was built by freight practitioners for freight practitioners.
Brad Wheeler and Joe Lynch discuss the freight-tech dilemma. Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freight procurement platform. Brad Wheeler , one of the company’s “starting lineup,” has been with Emerge since its inception in 2017. About Brad Wheeler. About Emerge.
11 Ways Tech Will Change Logistics in 2017. 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. Freight Booking Is (Slowly) Going Online. For years, online freight was limited to US domestic trucking.
LTL capacity has routinely been used as a source of added capacity when full truckload becomes unavailable. LTL capacity is quickly becoming harder to find, and full truckload carriers have already started to turn away freight. E-commerce growth for 2017 was just shy of 3 percent, but that number has already been exceeded in 2018.
and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. And now on to this week’s logistics news. The report, which analyzed 8.4
The Freight Marketplace with Dave Maddox. Dave Maddox and Joe Lynch discuss the freight marketplace. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Other past employers that Maddox has worked for are nVision Global, Transplace, National Freight, Inc.,
The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Freight Game of Thrones.
Manhattan Associates Reports First Quarter 2017 Performance. Source: Amazon patent. For related commentary, see The Rebirth of Transportation Marketplaces (UberCARGO, Cargomatic, and Freight Friend). Logistics Platform Haven Sets Sights on SAP with Launch of Haven TMS.
Our salute to the best advancements in supply chain technology, processes and labor management from 2017. Click the links below to compare this year's innovations to those from previous years: Top 10 Supply Chain Innovations of 2016 : robot pickers, bridge-inspecting drones, autonomous freight shuttles, and more. Last-Mile Delivery.
In 2017, at the time of the merger with Swift Transportation, he led the synergy team focused on combined non-asset success, and soon after earned responsibility over both the Logistics and Intermodal segments for the publicly traded KNX.
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.
But before I head out, grab your reading glasses and check out the supply chain and logistics news that caught my attention this week: SophiaTX Open Source Platform to Integrate SAP, Blockchain. Convargo grabs $19 million to improve road freight (TechCrunch). Cass Truckload Linehaul Index – September 2017.
Just this April, Credit Suisse reported that over 8,600 brick-and-mortar stores may shutter their doors in 2017. Look no further than 2017’s spinner craze, with over 200 million sold after their February debut. Global sourcing, importing, and sales power has shifted from large retailers to small businesses worldwide. In seconds.
Last month, I attended and spoke at the Command Alkon ELEVATE 2017 conference , where I learned many things about the Heavy Building Materials (HBM) industry. Back to the main conference, I gave a keynote presentation titled “Keep Your Breadcrumbs Behind My GeoFence: Why Fleet & Freight Visibility Matters.”.
Trucking Freight Brokers to Merge Under Private-Equity Deal (WSJ – sub. Japan firms shifting to trains to move freight amid dearth of new truckers (The Japan Times). November 2016 North American Freight Numbers. And here’s a flowchart that provides an example: Source: Amazon patent filing.
Delivery Connect is designed to manage the movement of freight from the shipper to the end receiver, including scanning, proof of delivery (PoD), exception management, cross dock and in-depot activities through to job dispatch, customer service and reporting.
DB Schenker Takes $25 Million Stake in Online Freight Booking Platform uShip (WSJ – sub. Exclusive: Wal-Mart to tear down walls between store, online buying operations – sources (Reuters). Amazon’s delivery drones may drop packages via parachute (CNN).
There was no air freight possible then into Europe,” added Gerald van den Eijnden. You would call up the freight forwarders, and they would send an Excel spreadsheet” that contained all the shipments for Molex in the coming days or weeks. The data from Infor Nexus also helps the transportation teams do better carrier sourcing.
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.
Cloud Logistics’ Second Zero Downtime Release of 2017 Marks Continued Rapid Pace of Innovation. Honeywell’s Connected Freight Technology Monitors High-Value And Perishable Goods In Transit, Helping Prevent Damage, Loss And Theft. Chinese Online Retailer JD.com Is Developing Heavy-Duty Delivery Drones (WSJ – sub.
Andrew Semisch and Joe Lynch discuss smart freightsourcing, which starts with an RFP tool purpose built for freightsourcing. Andrew is Vice President of Commercial Development for Emerge , the leading freight procurement platform. Key Takeaways: Smart FreightSourcing. About Andy Smisch.
This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. The short-term strategy to build resilience, is to focus on three major elements, essential to keep freight moving. .
One of the high-flying start-ups that is addressing the needs of smaller regional fleets is Uber Freight. The business began in stealth mode in May of 2017 essentially leveraging Uber’s ride-sharing technology talent and infrastructure in a logistics load matching processes. All rights reserved.
Teamsters step up union drive at FedEx Freight, Con-way (Reuters). September 2014 Freight Transportation Services Index (TSI). September 2014 Freight Transportation Services Index (TSI). Cass Freight Index Report – October 2014. UPS plans bundled deliveries to cut costs (FT.com – sub.
Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes. That’s an increase from 17% in 2017. Just 7% say they’re not likely to adopt predictive analytics, a decrease from 11% in 2017. Are Ocean Freight Prices Absolutely Broken?
Partnerships reduce transportation costs through freight consolidation, appropriate freight classification and selection and increased scrutiny of billing and documentation practices. While many companies look for more supply chain savings and increase profit margins, the TMS remains a stable , reliable source of increased revenue.
A spike in COVID-19 cases in some countries, which is causing factory shutdowns and port delays, added to corporate woes as soaring freight and transportation costs are pinching profit margins. Hasbro said it would raise prices mid-year and that it was taking steps to mitigate some of the expected supply issues.
For example, changes in funding sources and availability for students looking to expand their career options and enter the world of supply chain management may result in a temporary decrease or increase in the number of workers interested in employment with a given supply chain entity.
The cloud-based supply chain software can be customized to suit your industry, your transportation , freight-forwarding and warehousing specialty, import-export regulations. Managers can control the operation efficiently as the relevant information comes from different sources, timely and all the members have access to its current updates.
Home Depot’s work in risk management served to increase profitability in the aftermath of the 2017 hurricane season. Look no further than the aftermath of the 2017 hurricane season. Creating a centralized source of information necessary to mitigate losses.
While it does have a history of sporadic electrical system outages, being primarily powered by thermal sources, the country is on a path to growth and sustainability in the power sector. Registered airlines moved 885,277,991 mt-km of freight in 2015. In 2017, South Africa exported $94.93 Imports for 2017 were $89.36
While it does have a history of sporadic electrical system outages, being primarily powered by thermal sources, the country is on a path to growth and sustainability in the power sector. Registered airlines moved 885,277,991 mt-km of freight in 2015. In 2017, South Africa exported $94.93 Imports for 2017 were $89.36
” Another company in this agriculture space is Freight Farm, which provides farmers the ability to grow vegetables in converted freight shipping containers equipped with the latest hydroponics and automated systems equipment. Freight Farms calculates annual profit for each container to be an average of $39,000 annually.”
In going door to door trying to sell a Freight Management service, as well as in my experience working in companies, I have had the opportunity to see a variety of ways in which companies, large and small, were managing their Freight and Logistics spend. Freight and Logistics. You must manage Freight and Logistics.
And this global trip isn’t just for sightseeing – leading companies find that a diversified sourcing base and far-flung manufacturing can help cut production costs, increasing the bottom line. No matter how much can be saved from sourcing globally, transportation costs continue to creep in to seriously affect a product’s profit margin.
We will then conclude the 5 main categories by featuring the top 10 freight articles of 2015. As a TMS provider, Cerasis also provides the services related to transport management: freight claims, freight accounting, carrier relations, and more. WHITE PAPER] The Complete Guide to Freight & Transportation Accounting.
Logistics Risks Lead to Higher Freight Spend. Logistics risks impact freight spend in multiple ways. According to Freight Waves , the threat of employee fraud, counterfeit products, and illegal business practices, forced companies to increase their expenditure on risk analytics by 35 percent in 2017.
percent of the country’s total bilateral trade, in the fiscal year 2017-2018 (the latest stats available). Australia’s Main Imports and Exports 2017-18. The following tables show Australia’s main imports and exports in the fiscal year 2017-18 (the latest statistics available). Source Australian Bureau of Statistics.
There is a significant amount of angst in the transportation marketplace lately in regards to freight spend forecasts. Leveraging a technology-based solution to apply a meaningful baseline to each individual load at the time of tender is an important best practice, especially for any violate or sporadic freight in your network.
This article explores challenges identified in a research paper by McKinnon (2006) focusing on vehicle utilization and efficiency in the freight industry [1]. rail and truck) for long distances, can reduce congestion on roads, particularly for high-volume freight [8]. Freight Transport Association. Routledge. [3] 3] Gibson, I.,
Managing freight transportation. She writes, “In most food-supply chains it might take weeks to figure out where it went from source to destination, and in some cases, the source may not be known, but on a blockchain, it takes just seconds.”[3] Sharing information with customers. Managing trade documentation.
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