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visibility solutions
Daily Infographic: Uncertainty around shipment visibility advantages
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Not all logistics providers walk the visibility and tailored-solutions talk
Considering COVID-19’s revolutionizing effect on consumer buying habits, it’s no surprise that e-commerce sales between the second quarter of 2019 and the second quarter of 2020 jumped from 10.8% to 16.1% of total national retail sales. For decades, e-commerce spending has shown about 1% growth each year, according to the U.S. Census Bureau. The significant leap from 2020, whether a new normal or a temporary, pandemic-inspired shift, is causing both shippers and logistics providers to quickly...
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...
Mays Chemical selects Red TMS, saves $100,000 in transportation costs
Several years ago, Mays Chemical, a midsized national distributor of food chemicals and raw materials, found itself at an increasingly common crossroads. Its transportation manager was set to retire, taking with her that hard-earned and hard-to-transfer tribal knowledge about the ins and outs of Mays’ supply chain.
At the crossroads of legacy processes and the digital freight market, Mays had three full-time employees in the transportation department who each managed $1 million in freight spend...
https://www.freightwaves.com/news/mays-chemical-selects-red-tms-saves-100000-in-transportation-costs
New era of shipping: E-commerce, climate change and data analytics
The once-stagnant logistics industry has undergone rapid change in recent years. The 2017 electronic logging device mandate sparked something of a technological revolution within the industry. This focus on tech — coupled with outside forces ranging from consumer demand to climate change — has fostered an environment of innovation. Companies that are slow to adapt to new expectations are likely to be left behind. Shippers are no exception.
E-commerce boom
Between the second quarter of 2019 and...
https://www.freightwaves.com/news/new-era-of-shipping-e-commerce-climate-change-and-data-analytics
FourKites acquires Haven, creates end-to-end platform for international ocean shipping
FourKites, a leader in real-time supply chain visibility, announced on Wednesday it has acquired Haven to create its visibility solution, Dynamic Ocean.
Haven is an international ocean shipping tracking and documentation platform, founded in 2014 to help build software for commodity producers and traders who were looking to save time managing their international logistics. The company has raised $20.3 million in funding since inception.
FourKites’ chief executive officer, Matthew Elenjickal,...
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...
FourKites, Tive enter partnership for mutual customers
Supply chain visibility players Tive and FourKites announced a partnership Tuesday to provide an integrated in-transit data platform for mutual customers.
Tive’s in-transit load-sensing data will be combined with FourKites’ visibility capabilities to deliver real-time data and visibility for supply chain customers.
“Collaboration and open access to visibility data benefits everyone in the supply chain,” Krenar Komoni, CEO and founder at Tive, said in a release.
The Open Visibility Network...
https://s29755.pcdn.co/news/fourkites-tive-enter-partnership-for-mutual-customers
Old-school arts industry embraces tech amid COVID concerns
All shipments – from toilet paper to fragile electronics – deserve to be handled with the utmost respect. Moving high-value works of art and antiquities, however, requires next-level care and precision from everyone involved in the shipment. When goods are both fragile and high-value, visibility and shipment condition insights become even more essential.
Masterpiece International moves fine arts across the globe – serving museums, collectors, galleries and private clients. The company handles...
https://www.freightwaves.com/news/old-school-arts-industry-embraces-tech-amid-covid-concerns