Elon Musk is a great entrepreneur. His success in building Tesla and SpaceX has made him the richest man in the world. But more than that, electric vehicles are critical if the world is to have any chance to achieve net zero emissions. Musk kickstarted that entire industry. Similarly, SpaceX has had over 260 space […]

One of the two leaders in the real-time transportation visibility market is FourKites. The CEO – Matt Elenjickal – told me that the company has roughly $100 million in revenue. That is fast growth. ARC Advisory Group did a study on the supply chain collaboration network (SCCN) a couple of years ago. ARC considers real-time […]

In the ever-evolving supply chain industry, transportation spend optimization – or TSO – has assumed greater significance. The need to blend operational efficiency with sustainability and fiscal prudence has organizations exploring innovative ways to help ‘future-proof’ transportation spending challenges. Thus, it has become critical that executives dig into the multifaceted domain of TSO, which encompass […]

Procuring transportation for freight is much different than any other procurement category. There are different tools, goals, and market dynamics. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. The freight market is mercurial. It can move quickly from a situation where there is too much capacity in the […]

Last week, the Teamsters, one of the largest unions in the US, voted to ratify a contract with UPS. The five-year deal includes wage increases and historic new protections for working in high temperatures for UPS’s employees. UPS is the largest parcel delivery company in North America. The company generated over $100 billion in revenue […]

When looking at over the road transportation, there are first mile, middle mile, and last mile deliveries. First mile is a trip to a local or regional transportation or distribution hub. The middle mile connects a distribution hub on one side of the country to a hub on the other side. And last mile involves […]

The International Maritime Organization (IMO) adopted tougher greenhouse gas emission targets for the global shipping industry on Friday. The IMO is a United Nations agency responsible for creating a regulatory framework for the global shipping industry. The member states have agreed to tougher standards. The new pledge is squishy. It targets a reduction of greenhouse […]