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Technology: Page 902
All Together Now: Collaborative Sourcing Helps Save Money
Increasingly, the supply chain and procurement departments are turning to digital solutions, rather than traditional manual systems, to maximize results. Recent research points to a substantial potential upside.
SmartDrive Debuts Video Program for Trucking Safety
SmartDrive Systems, a provider of tools for improving driving performance, reducing accidents and saving fuel, has released the SmartDrive Assurance product line.
Supplier Software Is Spun Off, Changes Name to Xeeva
Supplier Software Inc., a provider of procurement applications, has changed its name to Xeeva Inc.
Kane Is Able Picks Up Two Regional Hubs of Nexus Distribution
Kane Is Able Inc., a third-party logistics provider, has acquired the Southeast and Northwest regional hubs of Nexus Distribution Corp., a 3PL headquartered in Bloomingdale, Ill.
Manufacturers Must Adapt to Customers Who Can Now Demand, Design Products
A new industrial revolution is upon us, characterized by "smart devices", which are part of an "Internet of Things" or IoT that can actually direct machines on the shop floor by communicating autonomously "device-to-device" to man-age manufacturing operations and distribution.
CargoSmart Debuts Three Shipment-Planning Services
CargoSmart Limited, a vendor of software for global shipment management, is offering three new services to improve shipment planning.
UPS Expands 'My Choice' and Access Point Services
UPS is expanding its My Choice service and Access Point Network.
Growing U.S. Population Demands Better Transportation, Delivery Infrastructure
For all of our activities, the average American requires the movement of 57 tons of cargo per year.
Mega Alliances, Declining Unit Costs Will Spark Recovery in Ocean Container Business in 2016-2017, Report Says
The recovery of the ocean container industry – possibly by late 2016 or 2017 – is to be based around the formation of the new mega alliances and the continued reduction of unit costs, rather than the matching of supply and demand at the individual trade route level, according to Drewry's Container Annual Review & Forecast 2014/15. A different recovery is taking shape, which is unlikely to be built on any improvement in freight rates.
August's Figures Show Airfreight Volumes Maintain Steady Growth Course
Global airfreight volumes continued with robust growth in August, according to the International Air Transport Association. Measured by freight tonne kilometers (FTKs), volumes rose 5.1 percent compared to August 2013. Capacity grew at a slower pace of 3.4 percent from the previous year. This is the second strong month for cargo volumes in a row, following the 6.1 percent year-on-year rise recorded in July.
Air Cargo Predicted to Grow 4.7 Percent Annually Over Next 20 Years
After two years of either flat or slightly negative traffic growth, demand for air cargo transport began to grow slowly and steadily during the second quarter of 2013. The uptick in traffic continued into the second half of 2013 to end the year 0.9 percent above the 2012 traffic total. Growth has continued to gather strength in 2014, nearly recovering the long-term trend rate. World air cargo traffic is forecast to grow an average 4.7 percent per year over the next 20 years to reach a total of more than twice the number of revenue tonne-kilometers (RTK) logged in 2013. The number of airplanes in the freighter fleet will increase by more than half by the end of the forecast period.
I.T. and Merger Mania: Keeping the Ship Afloat
Think of the typical corporate merger as the meeting of two ocean liners. It's tough enough to combine the crews. But how do you mash together two engine rooms?
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