The giant logistics company DHL, recently released a report entitled “Big Data in Logistics.” The report concludes that someday logistics companies could become the go-to search engines for information on almost all other industries. Logistics companies gather a tremendous amount of information (big data) during the course of their normal operations. Information on the routes…
Santa is not to blame for the lack of video games this holiday season, it’s the people. Both Sony and Microsoft have released new gaming consoles this year, making it hard for stores to keep their shelves stocked.
For years, the U.S. military has operated drone aircraft in countries such as Afghanistan and Pakistan for the purpose of seeking out and eliminating terrorists in these countries. As of now, operating unmanned aircraft on U.S. soil is prohibited except under strict circumstances, primarily because these craft could potentially crash any of the 70,000 manned…
The spot freight market, freight that needs to be delivered but falls outside a regular contract, is showing strong signs of growth as the year 2013 draws to a close. Though the overall numbers were down slightly from the month of October, November had fewer work days. If the growth is adjusted for the same…
The Baltic Dry Index keeps track of the costs of overseas shipping of bulk dry goods. A rising index indicates growth in the market, as prices go up when demand is high. Conversely, a lowering index means overseas shipping trade is down. This quarter looks to be the best gain in the overseas shipping industry…
Beijing based CEO Wang Jing has made the Nicaraguan government a proposal that could bring intense competition to traffic along the Panama Canal, as well as drastically change the landscape of the South American country. The plan involves Jing’s company building a $40 to $50 billion canal from the Atlantic coast to the Pacific coast…
In the latest of a long line of astounding announcements, Amazon has unveiled its latest intent: to begin chipping away at the market shares of bulk stores like Sam’s Club and Costco by targeting consumers of bulk items known as “center isle items.” This includes items such as toilet paper, paper towels, and dog food,…
Until now, companies and their executives have operated under the assumption that those suppliers with which they spend the most money are those which would impact their business the most if the supplies were disrupted. However, a new study conducted by MIT found no correlation between how much a company spends with any given supplier…
In an attempt to make the supply chains for those bidding on certain projects with the Department of Defense more secure, the Department has issued a new rule. The rule, howeverm, makes it completely unclear what bidders are expected to do, and if a bidder is found to be lacking in regards to supply chain security, they…
As the world’s three largest shipping companies proceed with their plans for an operative alliance as if they had already received regulatory approval (though they have not), the existing G6 alliance is gearing up their operations in preparation to compete with the newly grouped competitors. The big three, known as P3, are moving ahead with…