Remove Houston Remove Shipping Remove Sourcing
article thumbnail

Managing Logistics for The World’s Largest Company with Gary Sostack

The Logistics of Logistics

Then, after a short spell in New Orleans, I moved to Houston to work with supply chain in oil and gas. If you live in Houston, you know who it is. We found equipment and materials that can’t be sourced locally. Then, we buy and ship it to get oil out of the ground. 04:37] Tell us about the world’s largest company.

article thumbnail

When Will Blockchain Hype Pay-off in Supply Chain Operations?

Enterra Insights

” Weidong “Larry” Shi, an associate professor of computer science at the University of Houston, believes blockchain technology could also be used to reduce fraud because “you can add information, but you can’t change it.”[7] ”[8]. 4] Venkateswarlu Nandimandalam, “ How is Blockchain transforming Supply Chain?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Spot Market Freight Rates Soar After Hurricane Harvey

DAT Solutions

Most of the major van markets actually had fewer outbound loads available, though, and most regular freight heading to Houston was canceled. Another cost of Hurricane Harvey: many Houston-area refineries were offline, and some remain closed for now. Not surprisingly, the Dallas to Houston lane rate soared from $2.40 per mile.

Houston 73
article thumbnail

This Week in Logistics News (April 22-26, 2019)

Talking Logistics

Swipe, click, this week’s supply chain and logistics news… Google Spinoff’s Drone Delivery Business First to Get FAA Approval (Bloomberg) Amazon to invest $800 million to make one-day free shipping the standard for Prime members (WSJ – sub. Amazon offers one-day and two-hour shipping to Prime members for some products for a fee.

article thumbnail

Global Vendor Management: What It Is & Why It’s Essential for Your Shipping Strategy

CH Robinson Transportfolio

Consider this: global sourcing, manufacturing, and sales are advancing rapidly, leaving technology providers in the tough position of playing catch up. Imagine you are at your desk in Houston and you need to determine whether a completed order left the warehouse in China. Why is Vendor Management Key to a Global Shipping Strategy?

article thumbnail

U.S. Freight Logistics Industry Recession Continues with Some Hopeful Signs

Supply Chain Matters

Container Shipping Industry The quarterly performance of ocean container shipping lines continue to reflect decreased volumes and significantly reduced profitability levels amid this industry’s reported 30 percent reduction in scheduled route capacity. The firm’s Maersk Line container shipping business unit reported net profit of $2.3

article thumbnail

Four Risk Mitigation Actions for Weathering a Stormy Market

TMC

The recent decision by Japan’s three largest container companies to merge their shipping operations is yet another symptom of the volatility that is roiling the freight business. K” Line, MOL, and NYK are the three Japanese ship lines that are consolidating. Deciding whether to ship cargo via the U.S. Labor unrest in U.S.