All Columns Entries
Wednesday, April 01, 2015
On January 1, the International Air Transport Association’s (IATA) revisions of their Dangerous Goods Regulations (DGR) went into effect. Many passengers have only had brief exposure to the complex rules that face aircraft operators.
History suggests that the current oil glut and the associated price decline will be a temporary phenomenon, and the economics and petro-physics of unconventional oil production—fracking in particular—further suggest that the domestic glut will be eroded sooner than most prognosticators believe.
Posted on 04/01 at 07:00 AM
April 2015 •
Oil Prices •
Sunday, March 01, 2015
If you’re one of the more than 70,000 shippers who are getting their daily logistics and freight transportation news on logisticsmgmt.com, you’re well aware of the number of new trade agreements being inked that will make it easier for U.S. organizations to not only source product from emerging markets, but also open the door to deliver goods into quickly growing consumer bases.
One of the most challenging business areas for parties committed to collaborative contracting is in the area of international logistics services. However, some recent research at the University of Tennessee, combined with practical experiences, has started to shape some rules for success in contracting complex logistics.
Today’s digitally empowered customers are just as demanding about after-sales service as they are about the products and services they buy. While customer expectations for after-sales service are growing, surveys consistently find that today’s customers are mostly disappointed and frustrated with the customer service they receive.
Sunday, February 01, 2015
Omni-channel fulfillment is a challenge that’s facing practically everyone involved in logistics and transportation management. For retailers, suppliers, and manufacturers alike, the pressure is now on to deliver anything, anytime, from anywhere—and the need to establish cross-functional teams and improve service is increasing at a lightening pace.
Recently, I had to stop at my post office and get a signature before moving my mailbox about 60 feet down the street. I brought along photos so that the postmaster didn’t have to drive out and survey the area. She was agreeable, but requested that my neighbors and I get bigger mailboxes.
Great businesses have key similarities. Most have sound business strategies that clearly explain the nature and mission of their products or services, as well as how and to whom those offerings are sold. Leading companies also have particularly strong core competencies that enhance differentiation. And of course, highly successful companies execute: They deliver value quickly, reliably, and profitably.
Since 2011, domestic oil production has increased by 4.5 million barrels per day (bpd), and over the last 12 months alone production has increased by 1.4 million bpd. Meanwhile, Russian production hit a post-Soviet era high in November, and oil exports from Iraq are growing at a record pace.
Thursday, January 01, 2015
As is tradition, our annual Rate Outlook and subsequent webcast highlight Logistics Management’s (LM) January offerings. For the past 10 years, we’ve rounded up top economists and freight transportation analysts in each mode—trucking, air, ocean, rail, and intermodal—to offer this comprehensive snapshot on what shippers can expect in terms of rates and capacity in the coming year.