While the integral Suez Canal supply channel is no longer blocked, other supply chain issues remain. In fact, according to a recent report, 24 container ships – with a combined maximum carrying capacity nearly 10 times that of the Suez Canal ship – were recently anchored off the coast of Los Angeles and Long Beach…
A business is only as good as its ability to deliver, relies heavily on logistics. This is especially true for small reseller traders who are often responsible for delivering goods from the global supplier right into the hands of their end customers. For these players, delays and missing or damaged goods can mean a devastating…
Telematics technology — which can refer to any piece of tech that combines telecommunications and information technology — is used across the business world, but it’s particularly valuable for logistics professionals, who face the challenge of managing an increasingly complex network of goods and delivery vehicle fleets. With the right piece of technology, entrepreneurs can…
The supply chain, along with the rest of the economy, is undergoing a major digital transformation right now. The development of new Industry 4.0 tech — like Internet of Things (IoT) sensors and big data analytics — as well as the increasing availability of computer resources has made digitization a more and more compelling option.…
The freight marketplace is experiencing an unusual hitch – a shortage of shipping containers. So far, it hasn’t affected rates. Peak volumes continue to surge, but China-U.S. ocean rates have stayed unchanged for two straight months, according to Freightos, likely due to pressure from Chinese regulators. The sustained sky high prices from strong demand results…
Covid-19 created a host of problems for the supply chain logistics and management industry. Businesses have come to realize with little time to prepare how important it is to have a substantive strategy for withstanding rapid and drastic change. Strengthening your supply chain to withstand this change requires keeping in mind the various challenges and…
Covid-19 has disrupted the supply chain globally, requiring fast action from logistics companies that want to continue driving growth through the pandemic. New technology will likely be a key resource for these businesses. The Internet of Things (IoT) consists of smart devices that transfer and receive data over the internet. IoT sensors are a crucial…
It’s common knowledge that the markets for industrial-grade technology – military/aerospace, factory automation and infrastructure, to name a few examples — differ dramatically from those for consumer and enterprise devices. That’s been the norm since the dawn of the digital age and it’s safe to assume it will continue to be the case well into…
Supply chain services are getting more creative as the Covid-19 pandemic stresses global commerce and businesses prioritize the safety of their workforce. Online tools and services are becoming more popular with vendors offering free assistance and emphasizing their utility in times of crisis. Tradeshift, an open-source transaction platform, notes buyers, suppliers and their partners all…
In times of global crisis, the world relies on the trucking industry to transport essential items across the country. From medical supplies to restocking the shelves at local grocery stores, truck drivers play an integral role in maintaining the supply chain. In order to keep these essential items moving during the Covid-19 crisis, the Department…