Wednesday, October 01, 2014
While shippers may generally be content with the reliability of their 3PL partners, new research indicates that there’s considerable concern about the value of long-term, strategic relationships. Industry analysts explain how innovation and a deeper commitment to collaboration will become the key differentiators in the 2015 marketplace.
As the industry successfully harnesses the wealth of available lift truck fleet data, opportunities for improvement extend throughout the operation.
Maersk caused a stir last summer by raising its full-year profit forecast for 2014 due to higher freight volumes and lower costs. Industry analysts wonder, however, if many of the other Top 30 carriers will exercise the same discipline to achieve similar goals.
The International Air Transport Association (IATA) announced August 2014 data for global air freight markets showing continued “robust”growth in air cargo volumes.
Even though some of its key metrics dropped sequentially from August to September, the outlook for manufacturing over all remains strong, according to the most recent edition of the Manufacturing Report on Business issued today by the Institute for Supply Management (ISM).
Posted on 10/01 at 10:27 AM
The editorial staff of Logistics Management(LM) is thrilled to again have the winner of the NASSTRAC Shipper of the Year Award grace our October cover. For 15 years, LM has partnered with NASSTRAC, one of the leading logistics and transportation advocacy organizations in the market, to fix the spotlight on a savvy logistics operation that has demonstrated excellence in the execution of a strategy designed to streamline its company’s operations and contribute to the bottom line.
Company officials said that these planned changes, which will take effect on January 4, 2015, will provide for increases in current pay rates and reduce the time it takes for its nearly 15,000 drivers to reach top pay scale.
Posted on 10/01 at 08:21 AM
Con-way Freight •
The data generated when shippers buy and sell goods typically includes dozens of key fields including dates, volumes, transit times, prices, accessorial costs, locations, and most recently dimensions.
Posted on 10/01 at 08:00 AM
October 2014 •
Big Data •
Big Data analytics is a big deal, particularly in supply chain management where this technology is broadly applicable but often underutilized. This month, I’ll present a brief overview of Big Data analytics, discuss its burgeoning role in supply chain management, and examine some recent research.
Tuesday, September 30, 2014
While the economy has seen more than its fair share of ups and downs in recent years, 2014 is different in that it could be the best year from an economic output perspective in the last several years. That outlook was offered up by Rosalyn Wilson, senior business analyst at Parsons, and author of the Council of Supply Chain Management Professionals (CSCMP) Annual State of Logistics Report at last week’s CSCMP Annual Conference in San Antonio.
Posted on 09/30 at 11:43 AM