Panama Canal Expansion Hits the Big Time
Two Great Pyramids of Giza, four Big Bens, eight Statues of Liberty. Lay them end to end, and you’ve got the equivalent length of the CMA CGM Theodore Roosevelt, the largest capacity vessel to ever transit the Panama Canal’s expanded locks. At 1,228 feet long, the Neopanamax containership has a total capacity of 14,414 TEUs. […]
Read MoreFacts About Friction
The average U.S. business loses $171,340 per year through clunky payment practices causing friction in their supply chain, according to new research by Tungsten Network. This equates to almost 6,500 man hours spent chasing purchase order numbers, processing paper invoices, and responding to supplier inquiries. Businesses estimate they spend an average of 55 hours per […]
Read MoreSupply Chain Commentary: Out Darn Spot! Out, I Say!
The comic Steven Wright once joked, “I spilled spot remover all over my dog. Now he’s gone.” For shippers who regularly leverage the spot market, it’s been a buyer’s market the past few years. One shipper I’ve worked with saved more than 9 percent on freight spend simply by moving away from only using brokers […]
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Urban Logistics: You Can’t Fight City Haul
The impact of urbanization—population increases in cities and towns as opposed to rural areas—on business growth and sustainability concerns nearly all companies surveyed in The Road to Sustainable Urban Logistics, a new report by UPS and GreenBiz Group. However, only 47 percent feel prepared to address the associated business challenges, according to the survey. Further, […]
Read MoreWhy the Rise of the 4PL Is Good News for Your Business
On-demand delivery, trade uncertainties, siloed information…for today’s supply chain managers, the list of concerns is long. Current industry and geopolitical trends are complicating matters further. Companies are juggling more products and suppliers, leaving supply chains increasingly vulnerable to disruption. In the grocery industry alone, the average number of SKUs skyrocketed from 9,000 in the 1970s […]
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Manufacturers Take to Technology, Automation
Driven by globalization, intensifying competition, and rising customer demand for more options and higher quality products, a connected plant floor has become a necessity. As a result, manufacturers are adopting the Industrial Internet of Things (IIoT) to enhance visibility and improve quality, with the number of organizations achieving a fully connected factory expected to rise […]
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Staffing Your Warehouse: Addressing Hidden Risks
The warehousing sector and staffing industry depend on each other. In fact, they are so closely tied that the Department of Labor often considers warehouses and staffing companies “joint employers.” The rules for being a joint employer significantly increase the risks and exposures otherwise thought to be transferred to the staffing agency. Payroll Taxes Did […]
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