Convinced that blockchain is on the brink of transforming the package-delivery business, FedEx Corp. is testing the technology to track large, higher-value cargo.
President Donald Trump’s long-anticipated decision to pull the U.S. out of the Iran nuclear deal and reimpose sanctions on the Islamic Republic will have a swift effect on some big companies.
“Autonomous vehicle” tends to conjure images of flying drones and quadcopters. But autonomous trucks will have a far more immediate and lasting impact on cargo, says Dan Murray, vice president of the American Transportation Research Institute (ATRI) — although it may be some time before such vehicles are embraced globally.
One year ago it was the WannaCry ransomware attack. Less than a year ago, the NotPetya cyberattack cost organizations like Merck & Co., FedEx, the port of Rotterdam and a whole host of others billions of dollars in total. Today geopolitical tensions are increasing and with them, the threat of more, and more-devastating, cyberattacks.
Established U.S. logistics firms say digital-friendly freight startups that are drawing growing interest in Silicon Valley still lack the scale and customer relationships to threaten their share of the market.
When people say, “Incoterms are simple, pick one and use it in all your contracts,” it should be clear they really don’t understand them, and can’t use them to the advantage of their company.
Freight-hauling firms slowed their roll in ordering new trucks last month, as backlogs at equipment factories spiked following record demand for new vehicles in the first quarter.
The latest news, analysis, services and systems regarding truckload and less-than-truckload (LTL) services and their impact on supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through truckload and LTL solutions. New technologies that provide information during ground shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using truckload and LTL solutions to power their supply chains.
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