Think back. When you implemented your transportation management system (TMS), it changed your logistics function and became an integral part of your business. Today, companies are beginning to realize that TMS technology can impact business beyond logistics; it can impact sales and contract management.
Categories:
Business Intelligence, TMS Technology
Tags: Analytics, TMS Technology
The global logistics industry was dealt a year full of surprises in 2016, and with that came challenges. For most ocean carriers, the first three quarters were extremely challenging financially. While these financial pressures have been ongoing since 2009 due to several factors, overcapacity was certainly one of the most prevalent. Ocean carriers continue to see their average operating margin dip below zero as rates fell to their lowest levels since 2009. All of this mounted to the Hanjin bankruptcy, one of the largest container shipping bankruptcies in history. This action will continue to accelerate the carrier acquisition activities in 2017. Read More…
Categories:
Global, Market Trends
Tags: Global Logistics, Global Supply Chain
From the Panama Canal expansion to the continuous advancement of disruptive technologies, 2016 was another eventful year in the global logistics and supply chain industry. Navigating the opportunities and challenges from an increasingly complex marketplace can be difficult. We’re here to help by delivering insights, solutions, and strategies that address your exact needs for today and tomorrow.
As we kick off the new year, here’s a quick look at our top three blog posts from 2016. While they are the most viewed posts from last year, the topics will continue to have an impact in 2017 and beyond.
Categories:
Business Intelligence, Market Trends
Tags: Global Supply Chain, Logistics, Supply Chain Technology
Even containers don’t like to wait in line. Dwell time—the amount of time a container remains parked in a marine terminal waiting to be picked up after it’s been offloaded from a vessel—is a drag on supply chain efficiency, especially when it becomes excessive. Rising container volumes, fluctuations in demand, and the constant need for just in time inventory have increased the impact of dwell time over recent years.
It’s unlikely that the problem will disappear or even improve markedly any time soon, but there are ways to minimize the instances where a container outstays its welcome at a port.