Logistics and Supply Chain News
Bringing Risk Management into the Heart of the Supply Chain
Supply chain management experience is vital to corporate risk management planning, write Carlos Alvarenga of Accenture.
Delivering Procure-To-Pay Success
As e-invoicing and procure-to-pay networks have evolved into broad-based business networks, advancements now enable professionals to finally connect all the dots in the supply chain, writes Shan Haq of Transcepta.
CNG as a Transportation Fuel: A Fuel Manager's Perspective
While it promises supply chain sustainability gains, using compressed natural gas as a transportation fuel requires multi-step capital and operating considerations, writes Casey Whelan of U.S. Energy Services.
Understanding Warehouseman’s Liens
Parties storing goods in warehouses need to be alert to liens on their goods, writes Ron Leibman of Riker, Danzig, Scherer, Hyland, & Perretti LLP. To avoid unpleasant surprises, both parties to a warehousing agreement must understand their rights and the documents that cover their transactions.
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Performance-Based Negotiations: Simulation as Support for Decision-Making
Using an advanced logistics simulation tool to analyze system performance and lifecycle cost can help logisticians negotiate better performance-based logistics contracts, writes Justin Woulfe of WPI Services.
U.S. Import, Export Prices Fall in April
U.S. import prices fell in April due to a drop in oil costs, a positive sign for household finances that also pointed to benign inflation pressures.
Worldwide Supply Chain Management Market Grew 7.1% in 2012
Despite economic challenges, the worldwide supply chain management software market grew 7.1 percent to $8.3 billion in 2012. During 2012, IT budget decision makers remained highly cautious overall, but supply chain investments kept their priority status and moved forward.
Transport Committee Votes in Favor of Keystone XL Pipeline
The Committee on Transportation and Infrastructure passed legislation “on a bipartisan basis to approve construction of the Keystone XL pipeline, a project long-delayed by President Barack Obama that will create thousands of American jobs and increase domestic energy security,� stated a news release from the Committee.
Rail Traffic Continues to Soften
This week’s rail traffic reading showed modest improvement over recent weeks, but the longer-term trend remains negative. Intermodal traffic was up 3.9% this week which was an improvement over last week’s reading of 2.8%. The data, however, continues to soften on a rolling 3 month basis with the latest reading coming in at 3%. That’s the lowest level since January.
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U.S. Import, Export Prices Fall in April
U.S. import prices fell in April due to a drop in oil costs, a positive sign for household finances that also pointed to benign inflation pressures.
Worldwide Supply Chain Management Market Grew 7.1% in 2012
Despite economic challenges, the worldwide supply chain management software market grew 7.1 percent to $8.3 billion in 2012. During 2012, IT budget decision makers remained highly cautious overall, but supply chain investments kept their priority status and moved forward.
Transport Committee Votes in Favor of Keystone XL Pipeline
The Committee on Transportation and Infrastructure passed legislation “on a bipartisan basis to approve construction of the Keystone XL pipeline, a project long-delayed by President Barack Obama that will create thousands of American jobs and increase domestic energy security,� stated a news release from the Committee.
Rail Traffic Continues to Soften
This week’s rail traffic reading showed modest improvement over recent weeks, but the longer-term trend remains negative. Intermodal traffic was up 3.9% this week which was an improvement over last week’s reading of 2.8%. The data, however, continues to soften on a rolling 3 month basis with the latest reading coming in at 3%. That’s the lowest level since January.