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Technology is playing a critical role in shaping the future of logistics and this blog series “Innovative Logistics Technology & Trends” will explore the technologies with the potential of shifting...
Cargo theft continues to cause considerable losses across supply chains. In past July 4th weekends, over $2,795,000 in cargo was stolen from major ports in the state of Florida alone. Holidays see a...
Logistics technology is going through a fundamental shift influenced by the need to operate more efficiently and the emergenceof new technologies. The future of logistics technologies likeIoT...
A bad employee can have serious consequences in any company, but especially for logistics businesses. From low productivity to inefficiencies, communication issues, loss of cargo and more. The...
An Uber Trucking supply chain model seems like the perfect answer to increase efficiency, maximize truck utilization, and reduce costs. Shippers connect directly with truckers removing freight brokers from the transaction. Truckers maximize utilization by making sure that no truck drives empty – all resulting in increased transportation efficiency. According to Business Insider, the U.S trucking industry is hovering around $650 billion net worth (and growing). This, combined withthe need...
Every month I meet with 25+ Logistics leaders and decision makers. I always have one question for them: What is impacting your bottom line? They all agree that one of the biggest impacts on their profit line is the fact that new entrants and major companies are using price reduction to gain new business and retain customers – the race to the bottom. So, what can you do to counteract this? According to a study by the Harvard Business Review, customers who had the best past experiences spend...
Technology has made it easier to start a new business by lowering barrier to entries, also known as startup costs. As a result, industries with already low barriers to entry have been saturated with...
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