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In April 2024, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year. Almost half said they had experienced theft or fraud, and.
From a transportation standpoint, this has included major technological advancements. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint. The first of the transportation trends is the network effect is at the heart of supply chain transformation.
The vocabulary used in transportation can be confusing. Shippers” are companies that have goods that need to be transported. Carriers move shippers’ freight. Shippers can utilize their own network of carriers that is kept in their transportation management system. Scale is Necessary for Freight Benchmarking.
Cloud-based transportation management offers a variety of benefits for businesses that operate in the global supply chain. But there are times when it becomes necessary to outsource the entire process thoroughly, which many refer to as transportation as a service. Why Outdated Approaches to Transportation Management Can Fall Short .
When it comes to managing your freight spend, there are a few options to consider. The three traditional methods are the use of a transportation management system (TMS), transportation execution system (TES), and managed transportation services (MTS). Look to the Cloud. Turn to Machine Learning.
The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Road freight alone accounts for approximately 7% of global CO2 emissions, with maritime and air transport further amplifying the environmental burden.
Ryan Schreiber and Joe Lynch discuss navigating the roller coaster freight market. Ryan is the Vice President, Industry and Growth, at Metafora , the leading business consulting and software development firm that exclusively serves the Transportation, Logistics and Supply Chain space. Ryan was born and raised in Tampa, Florida.
We spoke with CTSI-Global to learn more about their approach to transportation management and the solutions they provide for businesses navigating the complexities of supply chain operations. CTSI-Global operates at the intersection of logistics and technology, focusing on solutions that address the challenges of transportation management.
In the ever-evolving supply chain industry, transportation spend optimization – or TSO – has assumed greater significance. The need to blend operational efficiency with sustainability and fiscal prudence has organizations exploring innovative ways to help ‘future-proof’ transportation spending challenges.
Ken Adamo and Joe Lynch discuss a trillion dollars in freight transactions. Ken is the Chief of Analytics at DAT Freight & Analytics. DAT operates the largest truckload freight marketplace in North America. About Ken Adamo Ken Adamo serves as the Chief of Analytics at DAT Freight & Analytics.
Creating a data-driven supply chain tracking important transportation metrics helps shippers respond and adapt as quickly as possible to known and unknown events. Why Monitor Transportation Metrics. Transportation metrics provide visibility that helps drive operative and competitive advantages.
Mike Hane, Director, Product Marketing, TMS at Descartes Does your company view transportation as a competitive weapon? The report categorized survey respondents in terms of how they see transportation: either as a “Competitive Weapon” or “Not Important.” For example, Competitive Weapon companies are 3.4
Autonomous Freight Trucks. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. Not all experts on freight logistics are quite so optimistic that we will have fully autonomous trucks on the road by 2024 like TuSimple is claiming.
This recent post from Transporeon’s blog highlights the growing problem of freight fraud in the industry. Read more The post Editor’s Pick: Reduce The Risk of Freight Fraud appeared first on Talking Logistics with Adrian Gonzalez. Picture the scene. It’s late Friday.
Chris Caplice and Joe Lynch discuss MIT Center for Transportation and Logistics and a wide range of logistics and supply chain topics. Chris is a Senior Research Scientist at MIT and serves as the Executive Director of the MIT Center for Transportation & Logistics (CTL). He received a Ph.D.
Tis the season to be jolly – unless you are overwhelmed with the many tasks traditionally associated with the annual freight Request for Proposal ( RFP ) season. However, the reality is that contracted freight is actually a promise – not a binding agreement. Flexibility to schedule rate bid events based on business needs.
Today’s article is from Blume Global and highlights why air freight forwarders must help industry increase air cargo visibility. The pandemic and the need to safely transport vaccines around the world have given things a push. Adversity forces innovation, especially for those resistant to change.
Chris Jolly and Joe Lynch discuss heavy hauling with the Freight Coach. Chris is the CEO and Founder of The Freight Coach Logistics, a full-service brokerage that specializes in heavy haul trucking. About Chris Jolly Chris Jolly is the founder of The Freight Coach and the host of Coffee w/#TheFreightCoach podcast.
The COVID-19 pandemic accelerated remote work and digital transformation across industries — driving efficiencies but also leaving vulnerabilities. In logistics, those vulnerabilities are particularly glaring given how quickly the industry had to transition to online processes. Fraudsters have adapted their tactics to take.
Mike Hane, Director, Product Marketing, TMS at Descartes Does your company view transportation as a competitive weapon? The report categorized survey respondents in terms of how they see transportation: either as a “Competitive Weapon” or “Not Important.” For example, Competitive Weapon companies are 3.4
The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. Here are the challenges we’re seeing across the industry, and what they mean for your supply chain and your shipping processes. 5 Challenges Facing Supply Chain Managers in Manufacturing.
In April 2024, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year. Almost half said they had experienced theft or fraud in.
Nick Dangles and Joe Lynch discuss winning in a down freight market. Nick is Co-founder of Sync Logistics Training is a joint venture between Metafora + Kinetic, a Learning Management Software that gives brokerages the power to transfer years of industry knowledge to new hire employees in an engaging and effective platform.
Kevin Coomes and Joe Lynch discuss navigating the freight downturn in the logistics and transportation space. His expertise extends across a diverse range of industries, including healthcare, energy efficiency, logistics, and technology applications. About Greenscreens.ai Greenscreens.ai Greenscreens.ai
“The logistics industry was built for a world that we no longer live in.” The quote is by Lior Ron, CEO of Uber Freight, from his. If you had to boil down why the past two years have been so challenging for supply chain and logistics professionals into a single sentence, that would be it.
Richard Perry and Joe Lynch and discuss the importance of freight bill audit. Richard is Vice President of Strategic Accounts at Intelligent Audit , a cutting-edge logistics and supply chain technology company, dedicated to revolutionizing how businesses manage their shipping and transportation processes.
Benchmarking is the process of comparing current performance against current industry standards or previously established performance levels. Final Thought Benchmarking your freight rates is an essential part of running a successful business in today’s increasingly competitive environment. What is Benchmarking?
Jordan Graft and Joe Lynch discuss freight has an identity crisis, which refers to rampant fraud and double brokering in the transportation business. About Jordan Graft Jordan Graft is a seasoned entrepreneur and business leader with a passion for technology and transportation.
At Logistics Viewpoints, we have written about how companies are looking to reduce carbon emissions, especially when it comes to transportation. As the world’s largest retailer, with a world-class transportation network, we have the ability to make a meaningful difference when it comes to reducing greenhouse gas emissions.
The global supply chain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freighttransportation. That’s starting to change. More and more large U.S. In the U.S.,
. • Autonomous Vehicles: Autonomous ground vehicles, such as self-driving trucks, address long-haul and heavy freight logistics. With the ability to carry larger payloads over extended distances, autonomous vehicles are better suited for transporting bulk goods between distribution centers and other logistics hubs.
Brad Hollister and Joe Lynch discuss solving the freight broker’s biggest problem. About Brad Hollister Brad Hollister is an investor, entrepreneur, freight-tech advisor, and Head of Growth at Upwell, a tech firm that streamlines accounts receivable using artificial intelligence.
Nick Schrock and Joe Lynch discuss the freight broker’s secret weapon. Nick is the CEO and Founder of Valoroo , an outsourcing provider that focuses specifically on the logistics industry. He previously worked at Flock Freight, Ungerboeck Software, O’Brien Associates Food Brokerage, and Northwestern Mutual.
Kevin Hill and Joe Lynch disucss 4 trends in freight brokerage. Kevin is the Owner of Brush Pass Research , a sales and marketing research firm that helps companies sell to freight brokerages across North America. Gain insights into the categorization of freight brokers and freight tech companies based on their annual revenue.
Lionel van der Walt and Joe Lynch discuss revolutionizing freight forwarding using tech, which is exactly what Raft.ai About Raft Raft is the intelligent logistics platform that’s rewriting the technology playbook for freight forwarders and customs brokers in the automation era. IATA’s U.S. cargo subsidiary.
Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . High freight volumes across all industries in the trucking market are expected to continue into 2022.? Legislation may also affect change in the industry.?
Jake Hoffman and Joe Lynch discuss the Gnosis Freight Container Lifecycle Management® Platform and how Gnosis streamlines international logistics. We begin by discussing Gnosis Freight, a company that has developed the first Container Lifecycle Management® Platform to simplify the complex process of international shipping.
That’s the question that continues to bedevil the global supply chain industry. Widespread industry collaboration and the use of artificial intelligence (AI) and other cutting-edge technologies to interpret all of these signals will also help leaders move from reactive management to proactive mitigation of disruptions.
Joe Lynch and Chris Pickett discuss what’s next for the freight market. Chris is the Chief Operating Officer at Flock Freight , a technology company that is on a mission to solve the US trucking industry’s wasted capacity problem. in Industrial & Systems Engineering from Virginia Tech, an M.Eng.
Sean Smith and Joe Lynch discuss scaling your SMB freight brokerage. Sean is VP of Product at Denim , a trusted freight factoring partner on a mission to advance the supply chain by accelerating the movement of money and data. The role of freight factoring and back-office solutions for managing finances.
Freighttransportation makes up over 10% of total global carbon emissions. With rapidly increasing freight demand worldwide, it is expected to become the highest-emitting sector by 2050.1 Reducing emissions from transportation is crucial to achieving organizations sustainability goals.
The titanium dioxide market has become far more competitive, and the industry is becoming commoditized. KRONOS examined whether it made sense to implement SAP’s TMS or work with a provider of managed transportation services. Ultimately, they decided to work with Uber Freight. In the following years, savings ranged from 4-5%.
Throughout the past six months, rates and capacity have been highly volatile as the industry deals with other ongoing challenges. The American Transportation Research Institute (ATRI) continues to rank driver shortages, driver retention, and the costs of extensive regulatory compliance on carrier operations as top concerns for carriers.
The dashboard is part of a broader Sustainability Hub, which allows companies to collaborate and access freight emissions from FourKites tracked freight. This information can be used to make decisions on modes of transportation. This sustainability tool goes beyond just a snapshot in time of miles traveled.
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