Global Supply Chains

OceanWaves: Managing supply chains during hazardous weather events

This fireside chat recap is from FreightWaves’ OceanWaves Summit on Wednesday.

TOPIC: How to manage global supply chains throughout hazardous weather conditions

DETAILS: According to a recent United Nations report on climate change, rising temperatures will continue to amplify extreme weather events, affecting operations and capacity of global trade. FourKites’ Glenn Koepke discusses how technology combined with different capacity strategies can help supply chains stay resilient during these...

https://www.freightwaves.com/news/oceanwaves-managing-supply-chains-during-hazardous-weather-events

Bezos invests in overseas supply chain platforms Beacon and Ula

Digital supply chain platform Beacon announced on Monday it has raised over $50 million in an oversubscribed Series B round led by Northstar.vc with participation from Upper90 and existing investors 8VC, Expa, Amazon founder and Executive Chair Jeff Bezos, and founder, Chairman and CEO of Salesforce Marc Benioff. 

“At Northstar, we back technologies that have the potential to alter the trajectory of their respective industries, and Beacon’s game-changing platform has the potential to transform...

https://www.freightwaves.com/news/bezos-invests-in-overseas-supply-chain-platforms-beacon-and-ula

Why are supply chains so messed up?

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This is the question that I am asked on a daily basis. The issue is very complex, so I usually quip with a surprising response, “They’ve always had issues, but no one was really paying attention.” Turns out, unless the person works in freight, they are very unsatisfied with this answer. After all, freight and products just seemed to automatically show up before, but that is no longer the case. 

Craig Fuller, FreightWaves founder and CEO, explains a SONAR feature.Craig Fuller, FreightWaves founder and CEO, explains a SONAR feature.

Anyone that has been around...

https://www.freightwaves.com/news/why-are-supply-chains-so-messed-up

Vizion raises $3.25M, delivers on promise to track containerized freight

With a mission to provide global logistics providers with fluid, systemized data, Vizion co-founders CEO Kyle Henderson and CTO Tyler Hughes combined their extensive history in technology product development to develop a single application programming interface to not only track shipments but anticipate potential bottlenecks.

“My co-founder and I were previously at [supply chain planning software company] ClearMetal and that’s actually where I learned about logistics,” Henderson told...

https://www.freightwaves.com/news/vizion-raises-325m-delivers-on-promise-to-track-containerized-freight

A closer look at Maersk’s budding e-commerce operations

Looking at the ins and outs of Maersk's latest e-commerce moves and acquisitions

It’s no secret that the global supply chain is a little … congested. The whole business world found that out firsthand back in March through the infinitely memeable Suez Canal blockage, but based on this laughably extensive string of status reports, there probably aren’t many companies that were hit harder by the backup than A.P. Moller – Maersk.

The Denmark-based international shipping colossus hangs its hat on its immense network of shipping routes, but the company was forced to scramble when...

https://www.freightwaves.com/news/a-closer-look-at-maersks-budding-e-commerce-operations

Flexport, Convoy partnership designed for ‘full end-to-end visibility’

The logistics industry has increasingly become focused on providing customers with shipment visibility. On Tuesday, Convoy, a digital freight network, and Flexport, a global logistics platform, showed their commitment to that by announcing a long-term partnership that will enable Flexport’s international customer base to leverage Convoy’s carrier network to provide shipment automation for global shippers.

Convoy President and COO Mark Okerstrom told FreightWaves the two phases of the partnership...

https://www.freightwaves.com/news/flexport-convoy-partnership-designed-for-full-end-to-end-visibility

Exceptionally Strong Start To The Year for Maersk

A.P. Moller – Maersk had an exceptionally strong start to the year, with strong earnings and growth momentum across all our businesses in ocean, port services and logistics. The company benefitted from strong demand in a market still influenced by the pandemic and significant disruptions in global supply chains, says a press release published on their website.

Significant Operational Challenges

Strong demand coupled with significant operational challenges such as bottlenecks, lack of capacity and...

https://mfame.guru/exceptionally-strong-start-to-the-year-for-maersk/

Mercado helps importers nail the first mile — supply chain’s longest mile

A product that arrives on your doorstep in four days takes four months to get to the United States.

Bridging that gap between analog supply and digital demand will create the biggest competitive advantage in the supply chain. Customers have spent years adapting to the model pioneered by Amazon in the final mile.

Now the company to model is Zara. Zara turns over its entire store inventory on average every eight weeks. It has connected its store POS to the design team, and the designers are...

https://www.freightwaves.com/news/mercado-helps-importers-nail-the-first-mile-supply-chains-longest-mile

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