Supply chains are an integral part of any business. They harness what the product is as well as the company’s vision while adhering to the demands of the consumers and business partners. There are, however, risks associated with a supply chain, especially if the supply chain is global.
As much of the country battles extreme cold and snow, trucking companies, port operators, freight train managers, and air cargo transporters struggle with delays and severe operating conditions. Much of the Midwest, particularly the Chicago area, and New England have battled snow and ice, as well as below normal temperatures. This is delaying freight shipped…
Formerly known as Yellow Freight, YRC Worldwide was formed in the 2000s when the less than truckload carrier began gobbling up smaller trucking companies, such as Roadway Express, Holland, USF and others. All of these purchases were made with borrowed funds, and when the economy took a sharp downward turn in 2008, YRC Worldwide was left with…
Last week, President Obama delivered his State of the Union address. In it, he mentioned a number of things, including his intentions to move forward to fix the deteriorating condition of the nation’s infrastructure, particularly when it comes to the roadways, bridges, and passageways that the nation’s truckers depend on to make a living. Some…
TGW has capitalized on a deal prompted by Swiss Coop Group. Swiss Coop Group is looking to significantly reduce their carbon footprint while maximizing profits and they have awarded the task of creating a fully automated system to TGW.
The world’s three largest shipping companies are planning to move ahead with their proposed alliance. They also expect approval by the three governing bodies assessing the situation by late into the second quarter of this year. Denmark’s Maersk Line, France’s CMA CGM, and Switzerland’s Mediterranean Shipping Co. (MCS) are organizing a separate company, which will act as…
A joint two-year study conducted by four of the world’s largest air cargo and freight organizations has concluded the industry most needs more focused courses emphasizing high level skills currently lacking in the industry. These skills are crucial for ensuring that the next generation of air cargo managers have the skills necessary to take the…
As the economy plods on at a sluggish pace, online retailers are seeking to prompt people to part with their money more readily by dangling incentives such as cheap same day delivery services. Most of the major online giants are in on the action, each seeking to outdo the others with their services, convenience, and…
Information management is at the top of the supply chain. Big data, and the innovative algorithms that drive it represent the future of supply chain management and the way companies will interpret bottom-line figures. As new technologies abound, companies are becoming even more creative with the way they analyze and store their data. If you’re…
The U.S. Manufacturing Purchasing Managers Index released by Markit, a financial data and analysis firm, indicates a slight dip in the manufacturing sector for January. However, analysts and economists do not fear it is cause for concern. According to reports, the manufacturing sector remains strong and growing, and the latest numbers indicated some temporary blips in the areas…