Logistics Publications

How One App Can Help Driver Shortage

Posted on September 10, 2019. Category: Logistics Publications

Everyone knows about Uber and how it has transformed the Taxi business. Now Uber Freight is on the rise and is about to transform the transportation business. Think of it as Uber, but for Truck Drivers. Although that may not sound ideal, there is an increasing problem in the supply chain industry, the problem being driver shortage.  Driver shortage is starting to significantly impact our economy in a subtle yet harmful way. It has caused inflation in our economy to the point where it has disrupted many companies' earnings per share. In Corporate America, if you look at our...

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Fyre Festival - A Logistical Nightmare

Posted on September 10, 2019. Category: Logistics Publications

Background StoryIn 2017, a viral social media campaigned was launched by Fyre Media about an immersive music festival on the island of Great Exuma (previously owned by Pablo Escobar) in the Bahamas that was to be thrown in spectacular fashion. Millions of young individuals wanted nothing more than to party with the A-List celebrities promised to attend, as well as to dine with gourmet food and rest in what seemed to be, luxury eco-friendly villas.Tickets were starting at $500 and went up to $12,000 for a VIP experience and private airfare. However, the event didn’t quite go as planned....

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Heathrow Airport Strike

Posted on August 20, 2019. Category: Logistics Publications

Heathrow Airport in the United Kingdom, the 19th busiest airport in the world, has been engaging in discussions to avoid a strike by its workers. With pending strikes, cancelled strikes, and several negotiations of various contingency plans ongoing since June of 2019, it is difficult to tell what actions will or will not occur at the Heathrow Airport.  The only thing certain right now is that there are flights that have been cancelled due to the potential for uncertainty, and this number may continue to rise.The potential could prove to drive financial losses against shippers and carriers, as...

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Waste Classification Plan in China

Posted on August 15, 2019. Category: Logistics Publications

On July 1, 2019, Shanghai, China formally implemented a garbage classification plan. Citizens are still learning the definition and requirements of dry, wet and recyclable garbage. In China, sanitary landfill or even simple landfill are main ways to dispose garbage. However, these disposal methods occupy substantial land and pollute the environment by producing sewage and raising the insect breeding such as mosquitos. Also, the plastic waste beneath the ground is harmful to the quality of soil and might reduce crop production or even poison plants. Furthermore, if these plants are eaten by animals, it would cause massive death.   In order...

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Blockchain – The Future of Supply Chain

Posted on July 31, 2019. Category: Logistics Publications

In today’s world, managing the supply chain has become extremely complex. Most of the companies still use paper-based systems or traditional database management tools to manage trade and supply chain activities. Several individuals and entities are involved, but the same transaction might be available in multiple versions in different systems. Due to the lack of visibility and complexity in current supply chains, there is interest in how blockchains might transform the supply chain and logistics industry.Blockchain-based digital ledger enables faster transaction with a lower fee and helps to eliminate fraud. Blockchain operates as a distributed ledger, storing...

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Dubai’s DP World Acquires Canadian Terminal Fraser Surrey Docks

Posted on July 30, 2019. Category: Logistics Publications

A great project is in the making with steady steps towards evolution and practical implementation.DP World, one of the world’s largest port operators, said on May 9th, 2019 it has agreed to buy Canadian marine terminal Fraser Surrey Docks from a Macquarie Group fund.Fraser Surrey Docks is located in Greater Vancouver and is one of the city’s major steel import terminals. The terminal has 1,200 meters of berth and 189 acres of yard and in 2018 handled over 1 million tons of grain and 250,000 twenty-foot equivalent shipping containers. The marine terminal is being acquired through Canadian subsidiary...

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Internal Audit to Meet New AEO Regulations

Posted on July 24, 2019. Category: Logistics Publications

China Customs Authorized Economic Operator (AEO) is a concept under the World Customs Organization (WCO) SAFE Framework of Standards to Secure and Facilitate Global Trade (SAFE Framework). It represents a Customs-to-Business partnership to enhance international supply chain security and facilitate movement of legitimate goods.In November 2018, China Customs published no. 177 and no.178 in order to update related requirements on AEO application. In March 2019, China Customs identified the financial index requirements. Therefore, enterprise needs meet some new or changed requirements to keep AEO certificate.Customs new focus items for Advanced AEO enterprise contain:1. Enhance requirements on  process execution effective.2. Add...

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IOT - Transforming the Logistics Industry

Posted on July 03, 2019. Category: Logistics Publications

In today’s fast-paced economy, the revolutionization of technology is a vital component of the logistics industry. The Internet of Things (IOT) is a device that allows for collaboration with other devices via the internet to transfer data without the need for human-to-human interaction. IOT aids in the ability to connect all individuals involved in the shipment process to the end consumer. The implementation of IOT can offer full-spectrum visibility to supply chain operations that may need improvements. IOT also unites informational and operational technology to reduce operating costs perform predictive maintenance to reduce inconsistencies within the infrastructure. IOT...

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What's Next for LTL?

Posted on June 16, 2019. Category: Logistics Publications

There are pros and cons when using LTL as a shipping mode. Perhaps the simplest way to look at it is from a time vs. money perspective. Shipping via LTL is much cheaper than the full-truckload (FTL) alternative, but you sacrifice visibility and timeliness. Several indicators show that LTL is trending up in a big way in 2019.The first contributing factor to LTL’s predicted success in 2019 is the growth of E-Commerce. As we all know, more and more people are doing their shopping online instead of in person. This means that an increased amount of pressure will...

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What the IMO 2020 Entails

Posted on June 15, 2019. Category: Logistics Publications

The shipping industry has 11 months until the International Maritime Organization's Sulfur Regulations, commonly referred to as IMO 2020, takes effect.  The shipping industry is one of the greatest contributors to pollution and carbon emissions on the planet. IMO 2020 will limit the sulfur content of ships’ oil and have far-reaching consequences throughout the environment and global economy. Starting Jan. 1, 2020, all carrier’s globally will have to reduce emissions from vessels with the use of bunker fuel with a sulfur content of 0.5%, compared with 3.5% sulfur in the high-sulfur fuel. Shipper’s will not need to make...

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