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Connectivity, Advanced Telematics Buoy LATAM Logistics
Digital transformation and connectivity are reshaping the future of logistics and the trucking industry, according to Frost & Sullivan’s recent Latin American Commercial Vehicles Market Forecast to 2023 study. Demand for greater transparency, speed, and truck capacity optimization, as well as higher logistics costs in Latin America (LATAM), ushered in a range of digital freight […]
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Acquiring Shipt Will Bring Target Shoppers Same-Day Delivery
Target recently acquired Shipt to leverage the same-day delivery company’s proprietary technology platform and community of shoppers, and quickly and efficiently bring same-day delivery to customers across the country. What does this $550-million deal mean for Target and other retailers? "We are now at a point where same-day delivery service is becoming the rule for […]
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E-Commerce Warehouses: SuperSize Me
Thanks to e-commerce, the average footprint of warehouses built in the United States since the early 2000s has more than doubled. The largest expansions are in metro areas with the big populations that online sellers covet and the ample land that developers need, according to a new CBRE report. The real estate firm analyzed the […]
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Three Supply Chain Trends You Need to Know
The pace of supply chain and logistics transformation shows no signs of stopping in 2018, and changes in commerce, technology, demographics, and regulation will have huge implications for the sector. Three trends to keep top of mind are: 1. The electronic logging device (ELD) rollout in the United States, combined with previously introduced Hours of […]
Read MoreHow Millennials Are Driving Modern Mobility in the Supply Chain
A recent analysis of U.S. Census data by the Pew Research Center found that more than 30 percent of today’s American workers are of the millennial generation. This percentage is expected to rise as an increasing number of those born between the early 1980s and mid-2000s enter the workforce. Within a few short years, we […]
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Lease Me a Loan: Transport Financing on the Upswing
Today more businesses rely on leases, loans, and equipment lines of credit to finance increased spending on new equipment. Businesses have increased their capital equipment spending for the seventh consecutive year, with overall new business volume growing by 2.5 percent, according to a recent Equipment Leasing and Finance Association (ELFA) study. The equipment-financing sector outperformed […]
Read MoreIntermodal Volumes Best in Nearly Four Years
Total intermodal volumes climbed 7.2 percent year-over-year in the first quarter of 2018, the strongest gain since Q2 2014, according to the Intermodal Association of North America’s (IANA) Intermodal Market Trends & Statistics report. Domestic containers increased 6.2 percent, international intermodal volumes grew 7 percent, and trailers led overall growth at 14.5 percent. “Drivers for […]
Read MoreDangerous Goods Compliance: Why It Needs to Be Redefined
The landscape for shipping dangerous goods (DG) and hazardous materials (hazmat) continues to evolve. With thousands of items classified as “hazardous” and shipping regulations becoming more complex, moving DG in a secure, safe, compliant manner is more critical than ever. Unfortunately, those responsible for DG/hazmat face an uphill battle – not only in meeting evolving […]
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10 Ways To Play IT Safe
State-sponsored and individual bad actors will escalate supply chain cybersecurity risks. Here are 10 threats and trends to look out for across business, governmental, and personal arenas: 1. Software updates—the new Trojan Horse. Criminals use the normal software update process to get companies to infect all their clients, which then affects everyone down their software […]
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Fraud Goes Broad
The use of analytics to mitigate third-party supply chain fraud, waste, and abuse risk jumped to 35 percent in 2017 from 25.2 percent in 2014,according to a Deloitte poll. Between 2014 and 2017, an average of 30.8 percent of poll respondents report at least one instance of supply chain fraud, waste, and abuse in the […]
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