multimodal logistics

How Logistically is solving some of the biggest TMS challenges

Almost every business in the transportation industry uses a transportation management system to some degree. 

A cutting-edge TMS can help a business flourish by streamlining shipment planning and execution. On the other hand, poor TMS functionality hinders business processes rather than helps them, which can result in slow workflows, missing information and errors.

The nuanced business needs of brokers, shippers and 3PLs are as intricate as the supply chain itself. Functionality can sometimes get...

https://www.freightwaves.com/news/how-logistically-is-solving-some-of-the-biggest-tms-challenges

Drayage can no longer be considered an afterthought

Before the coronavirus pandemic prompted a serious surge in online shopping — therefore increasing port congestion manifold — companies would typically get away with submitting drayage and transloading work orders with little notice. That has all changed over the past two years. 

While drayage has faced demand surges, they have often been the relatively short-lived consequences of labor strikes or steamship company shutdowns. The impact of the pandemic has been much greater, and it is here to...

https://www.freightwaves.com/news/drayage-can-no-longer-be-considered-an-afterthought

BNSF planning massive intermodal, logistics hub near Phoenix

BNSF Railway Co. has acquired a 3,508-acre piece of land in the Phoenix region with plans to develop it as its Western hub, according to state records.

BNSF purchased the property last week for $49.1 million when it was the winning and sole bidder for land at an Arizona State Land Department auction.

The railway said Arizona is an important area for economic growth and the land is a good long-term investment. 

“This land is adjacent to the BNSF rail line [in Phoenix’s West Valley] and BNSF...

https://www.freightwaves.com/news/bnsf-planning-massive-hub-near-phoenix

FourKites acquires European supply chain visibility provider NIC-place

FourKites acquires NIC-place to create the largest multimodal carrier network in Europe with visibility capabilities

If there’s one thing consumer-facing businesses need these days, it’s options. Amid pandemic-driven supply chain disruptions that have extended into 2022, relying on a single shipper, carrier, sourcing partner or mode of transport is a recipe for failure.

What businesses need is flexibility, and FourKites just created a whole lot of it. The Chicago-based supply chain visibility platform announced Tuesday the acquisition of European supply chain visibility provider NIC-place in a move that will...

https://www.freightwaves.com/news/fourkites-acquires-european-supply-chain-visibility-provider-nic-place

Preview: FreightWaves 3PL Summit, March 24

FreightWaves 3PL Summit

March 24, 2021 – Virtual Event

It’s the pros in the middle that keep the freight moving. After 2-3 years of relative calm in the freight brokerage markets, 2020 took a hard turn. The 2021 3PL Summit will highlight the best technology and practices to guide you to success this year.

Hear discussions on multi-modal optimization, customer relations, sales insights, market insights, pricing strategies and much more. See the leaders who have shaped the industry as it stands today and the innovators...

https://s29755.pcdn.co/news/preview-freightwaves-3pl-summit-march-24

Radiant Logistics benefits from COVID-related freight

Radiant Logistics outpaces expectations

Third-party logistics provider Radiant Logistics (NYSE: RLGT) is seeing “slow and steady improvement” across several of the verticals it serves. Management from the company called specific attention to strength in government freight, which includes COVID-related supplies, on its call with analysts Tuesday after the close.

Company Founder and CEO Bohn Crain is recovering from COVID and was unable to join the call.

The Bellevue, Washington-based company reported adjusted net income of $8.6 million,...

https://www.freightwaves.com/news/radiant-logistics-benefits-from-covid-related-freight

SpaceWaves: What it takes to build a Martian supply chain (with video)

Sydney Do joined SpaceWaves to talk about the Martian Supply Chain.

Sydney Do, systems engineer at the NASA Jet Propulsion Laboratory, hopes to send humans to orbit Mars and come back in the late 2030s. Following a successful orbit and round-trip mission to Mars and back, the next missions would send astronauts to land on the surface of Mars for progressively longer amounts of time. Even though it may be more than a decade before humans set foot on Mars, the logistical planning has already started.

In a SpaceWaves Fireside Chat on Thursday, Do and Andrew Cox,...

https://www.freightwaves.com/news/spacewaves-what-it-takes-to-get-humans-to-mars

Cost reduction offsets COVID impacts for Radiant Logistics in FQ1

Containers moved at port

Third-party logistics provider Radiant Logistics Inc. (NYSE: RLGT) is seeing an “extraordinarily tight” capacity environment as the company’s revenue continues to slowly bounce back from the pandemic.

The Bellevue, Washington-based multimodal transportation company reported Monday after the market close adjusted net income of $6.5 million, or 13 cents per share, for its fiscal first quarter ended Sept. 30. The result was in line with the same quarter in 2019.

“Through a number of cost-saving and...

https://s29755.pcdn.co/news/cost-reduction-offsets-covid-impacts-for-radiant-logistics-in-fq1

Career Tracks: Blume Global hires CFO

Logistics and supply chain solutions provider Blume Global has hired Tom Williams as its new chief financial officer.

Most recently, Williams led the finance team at Steelwedge as CFO and managed its acquisition by E2Open. Prior to Steelwedge, Williams served as CFO for Evestment Inc., the world’s largest institutional investment database. He has more than three decades of experience in finance, including leadership roles at public companies including Manhattan Associates and Sterling Commerce.

“T...

https://www.freightwaves.com/news/career-tracks-blume-global-hires-cfo

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