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Preparing for the Rough Road Ahead: Taking a Long-Term Look at How the Driver Shortage Is Affecting LTL
According to the American Trucking Associations (ATA), the industry expected a driver shortage of more than 50,000 at the end of 2017. Unfortunately, it’s projected to only get worse. By the ATA’s projections, the shortage could extend to more than 174,000 drivers by 2026. Here are some of the leading factors affecting the shortage and […]
Read MoreTech Drives Trade Growth, Say Upbeat SMEs
Small and mid-size enterprises (SMEs) struggling for equal footing in the global economy increasingly look to cross-border trade for growth, seeing technology as a way past obstacles in shipping and compliance, according to new research from Shipa Freight. Shipa Freight’s global study of 800 SMEs from developed and emerging markets shows smaller companies are remarkably […]
Read MoreThe Key to Logistics Visibility: Connecting Things
The Internet of Things (IoT) attempted to improve logistics visibility by connecting fleets to help gain control over shipments. However, these solutions miss the mark on other logistics issues including end-to-end transport, shipment conditions other than location, stolen cargo recovery, and overall accuracy. Instead of connecting the fleets themselves, the key is to connect to […]
Read MoreSMEs Reveal Global Trade Obstacles
Small and mid-size enterprises (SMEs) face numerous international trade obstacles, finds a Shipa Freight study. Forty-two percent of respondents say the costs of shipping abroad are too high, or they lack an accurate picture of costs, while 40 percent find it difficult to understand documentation requirements. A significant minority say their cargo has been held […]
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Ports Too Busy to Worry About Trade Tensions
Despite trade tensions, port business in the United States and Asia is booming, reports the latest Global Kuehne + Nagel Indicators (gKNi). U.S. ports are experiencing increased container volumes, with heavy traffic in Los Angeles, Long Beach, and New York/New Jersey, according to real-time data collected by LogIndex, part of the Kuehne + Nagel Group. […]
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10 Ways to Drive Supply Chain Performance With Big Data
Is more always better? When it comes to a shipper’s supply chain and big data, more data doesn’t necessarily equate to better productivity. How you leverage and utilize the influx of data is what’s key. Use these tips to utilize big data to drive performance in their supply chains. 1. Eliminate silos. With various divisions […]
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IoT, Robotics, Machine Learning to Transform the Supply Chain
Transport and logistics businesses are investing in Internet of Things (IoT)-based smart technologies to help them take advantage of the wealth of opportunities the Fourth Industrial Revolution offers. The sector is prioritizing IoT, machine learning, and robotics to increase efficiencies across the supply chain, according to research data collected by Inmarsat, a provider of global […]
Read MoreWhat Drives Supply Chain Investment?
Trying to keep up with customer expectations is driving retailer investment, while agility and innovation are driving manufacturers’ investment in their supply chains, according to a joint survey of supply chain executives from JDA Software and KPMG LLP. The 2018 Digital Supply Chain Executive Survey conducted by Incisiv finds one force remains constant across manufacturers […]
Read MoreDigital Logistics: From Trend to Norm
Microsoft has entered a partnership with ocean carrier OOCL to develop artificial intelligence (AI) in shipping, with the goal of helping Microsoft better understand and predict shipping patterns and variables. This partnership comes at a time when traditional players in the logistics sector have worked to streamline and automate wherever possible in hopes of becoming […]
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