Brokers cannot afford to put technology on back burner during pandemic

The logistics industry has always been colored by both seasonal volume shifts and whiplash capacity changes due to natural disasters and trade squabbles. Still, the coronavirus pandemic caught the world off guard, and it has ratcheted up the pressure on 3PLs and brokers to quickly adapt and employ new technologies as shippers demand even faster responses and more accurate information. 

Demands for real-time information and constant visibility are more frequent and complex than ever before. To...

https://s29755.pcdn.co/news/brokers-cannot-afford-to-put-technology-on-back-burner-during-pandemic

Convoy’s Goodale: shippers will demand responsive digital solutions as volatility becomes the norm

On Wednesday morning, May 6,Convoy co-founder and chief technology officer Grant Goodale joined FreightWaves chief strategy officer JT Engstrom for a conversation about the future of freight and supply chain innovation.

The conversation centered on how Convoy’s technology first drove automation in its own operations, which then allowed the company to deploy resources to make the entire supply chain more efficient. Broadly conceived, those initiatives seem to come in two large buckets. Strategic...

https://s29755.pcdn.co/news/convoys-goodale-shippers-will-demand-responsive-digital-solutions-as-volatility-becomes-the-norm

K+N restructures Asia Pacific operations for ‘a new dimension of growth’

Kuehne + Nagel has consolidated its Asia Pacific operations into one regional headquarters, in Singapore.
The Swiss forwarding giant said the restructuring would “accelerate” its growth across the region and allow it to “target an even stronger role in logistics all over Asia”.
It added: “With immediate effect, the new Asia Pacific region, with about 10,000 professionals, will be headquartered in Singapore. The two regional managers, Jens Drewes and Siew Loong Wong, will …

The post K+N...

https://theloadstar.com/kn-restructures-asia-pacific-operations-for-a-new-dimension-of-growth/

3PLs needn’t fear etailers doing logistics, but to prosper, they must add value

Freight forwarders have nothing to fear from the in-sourcing of transport by etailers – but they must invest in technology and add value for their customers, if they want to participate in an expected doubling of growth over the next decade. 
“The only limit on 3PLs is what is between their CEOs’ ears,” said Robert Voltmann, secretary general of Fiata and president of the Transportation Intermediaries Association.  
“We see the 3PL industry doubling in size over …

The post 3PLs needn’t fear...

https://theloadstar.com/3pls-neednt-fear-etailers-doing-logistics-but-to-prosper-they-must-add-value/

Ocean and overland growth compensates for air volatility as K+N reports ‘solid’ results

Strong sea freight volumes helped Kuehne + Nagel hit “solid” results for the first nine months of 2019, despite the poor air freight market and “non-existent” peak season.
The Swiss forwarding giant increased its nine-month group net turnover by 3.1% year on year, to Sfr15.8bn (US$15.9bn), generating a 6.6% upturn in profit (ebit) which hit Sfr794m.
The company’s sea freight business “grew significantly in a stagnating overall market,” K+N said, with volumes …

The post Ocean and overland growth...

https://theloadstar.com/ocean-and-overland-growth-compensates-for-air-volatility-as-kn-reports-solid-results/

Introducing El Dorado: A TPM20 Tech Experience

Introducing El Dorado: A TPM20 Tech Experience

Introducing El Dorado

The mythical city of El Dorado has come to represent a place that promises untold fortunes to those who find it. But that’s the challenge – it’s not easy to determine where El Dorado is or exactly what it represents. Technology buyers in the logistics space face a similarly quixotic quest, with people searching for more answers than there are solutions even if they know they need to set out on such a quest.

El Dorado will be...

http://www.allaboutshipping.co.uk/2019/10/17/introducing-el-dorado-a-tpm20-tech-experience/