Blockchain! The new hip and technical term everyone is hearing more about; what is it exactly and how will it affect your Supply Chain in the very near future? Throughout modern history, the majority of anything involving the sale/transfer of goods and services between two or more parties was recorded on some form of a […]
The commercial trucking industry is integral to our daily lives. In the United States approximately 70% of all freight is moved by commercial trucks; the figures are higher for food, agricultural and pharmaceutical products. Essentially, nearly everything you come in contact with on a daily basis has at some point, been on a commercial truck. Interestingly […]
Ever heard the expression, “If you can’t beat them, join them.” Well that’s exactly what is happening at large grocery firms, Wal-Mart, Kroger and Meijers. Each of these grocery giants are feeling the pinch of the large dollar volume of on-line grocery sales that is currently “owned” by Amazon; and they’re “not going to take […]
We’ve all heard how UPS drivers’ routes are scheduled so they avoid making left hand turns wherever possible as a fuel saving initiative. Saving fuel and continually looking for reductions in operating costs for UPS, as well as for all of their competitors, is an ongoing critical step in UPS’ business operations plans. This week, […]
In an article on chiefexecutive(dot)net, ICC’s own Tony Nuzio explains how shippers can ‘vary your logistics costs downward’ and that logistics costs are variable, not fixed. Tony shares 7 tactics that have helped Clients reduce freight and shipping costs for over four decades, including: Eliminate supply-chain bottlenecks. Price out your logistics choices. Create shipping alliances. […]
For ports to survive in today’s volatile shipping market, what changes should be made? According to an article published by the Journal of Commerce on April 14, 2016, “ports should invest, consolidate and rationalize” to cope up with the rapid changes seen in the shipping industry over the last several years. During the Global Liner […]
