Archive for Transportation

A CEO’s Take on Transportation and Coronavirus

Transportation and coronavirus have been getting a lot of attention lately. The global supply chain is becoming more complex due to increased regulations, trade wars, cross-border commerce, and most recently, the impact of coronavirus. FourKites founder and CEO Matt Elenjickal shares his thoughts on transportation and coronavirus.

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Transportation in the Time of a Pandemic

In the wake of the COVID-19 pandemic, the long-haul transportation industry has been tested daily. The biggest issue? Fluctuations in supply and demand. Spot loads quadrupled in the last month with outbound tender volumes at their highest since 2018. In April, freight volumes increased from 100,000 loads per weekday to 150,000 loads at its peak, loads remained consistently above 130,000 each day early in the month. Volumes have since cooled; however, volatility prevails as manufacturing […]

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Applying The Hard Lessons of COVID-19 to Build a More Resilient Supply Chain

The COVID-19 pandemic has forced us to reexamine so much of what society took for granted before the virus outbreak. What lessons have we learned to date that will prepare us when the next crisis hits? It’s a critical question for those of us in the industry. The pandemic completely exposed the world’s dependence upon a highly complex, fragmented and inefficient global supply chain. As we look past the current pandemic, it’s clear that we need a more resilient supply chain – one that can easily flex and adapt during future times of crisis and stress (which, invariably, will come). How do we go about turning that into a reality?

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Editor’s Choice: BluJay Solutions Freight Market Index

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This week, we look at BluJay Solutions’ Freight Market Index. As we all find ourselves in uncharted territory with the COVID-19 pandemic, data is as critical as ever to making smart decisions. Even more important is data in context. Our April 2020 Freight Market Index report will show America’s […]

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Transportation Risk Management: Keep Your Cargo Out of Danger

Omni-channel business models often lead to more complicated global supply chains. With the main focus on maximizing time and cost efficiencies, cargo risk management is often skipped over despite being a critical step in protecting your company. Due to the global outbreak of the coronavirus, many global shippers are recognizing the value in a risk management plan to best prepare themselves for the current situation and others like it in the future. The risk of […]

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How to Mitigate the COVID-19 Impact on Your Supply Chain Operations

We’ve been receiving a number of questions from customers asking how to mitigate the impact of COVID-19 (aka coronavirus) on their operations, employees, customers and carriers. The good news is there is a lot that can be done now with your existing logistics and supply chain solutions. You could also quickly take advantage of new ones to be safe and mitigate the financial impact on your business. Here are a few ways you can help […]

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Coronavirus and the Automotive and Pharmaceutical Supply Chains

Earlier this week, the death toll from the Wuhan coronavirus rose to over 1,000 people, invoking memories of the 2003 SARS outbreak. While the human aspect of this outbreak is clearly the biggest story, the virus is causing major disruptions in global supply chains as well. As my colleague Steve Banker pointed out yesterday, the global high-tech supply chain has been hit particularly hard. But other industries are feeling the impact as well.

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Savings Through Container Transport Planning

The use of standardized steel shipping containers, or intermodal containers, started late in the 1940s as commercial shipping operators started employing them for ocean carrier, truck, and rail transport. It wasn’t until 2005 when the International Maritime Office (IMO) established industry standards for more consistent loading, transporting, and unloading of goods in ports throughout the world, saving time and resources. Regular, dry freight containers typically cost between $1750 and $2000 and are owned by either […]

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Prepare Your Supply Chain to Overcome Capacity Challenges

Increased demand and customer expectations continue to put pressure on shippers to deliver on-time-and-in-full without comprising their bottom line. This was especially difficult in 2018 as capacity constraints caused freight rates to skyrocket. While conditions have certainly improved over the last year, no one knows when the market will shift again. And with the number of factors that could affect capacity in the short-term and long-term, including legislation, the driver shortage, supplier requirements from large […]

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Why Transportation Needs to be Included in Supply Chain Collaboration

Just how collaborative are your internal departments? If you’re running into issues when one department makes a decision that unintentionally affects one or more aspects of your supply chain, your answer is probably along the lines of “not very.” And it may be holding back your transportation team’s effectiveness due to a lack of supply chain collaboration. In many organizations, transportation is simply the recipient of collaboration that happens in other supply chain functions. Under that model, […]

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