According to the Pew Research Center, one-third of U.S. adults own a smartphone. With smartphones dominating the consumer market, it is more possible now than ever to conduct business while on the move. What does this mean for the transportation industry? It means drivers can have the increased ability to communicate transit information to agents and carriers, while agents can have a snapshot of every load they've brokered in their pocket. In essence, mobile applications provide the opportunity to take a streamlined approach to operational efficiency in the transportation industry.
The major expansion of internet retailing is expected to be the biggest driver of activity in the European logistics market - and the need for distribution space - in the coming three years, according to a survey conducted by global real estate advisor CBRE.
Recycled Energy Development (RED) has acquired the combined heat and power (CHP) projects at Dean Foods' facilities in City of Industry, Calif., and Franklin, Mass. Each project will produce approximately 2.0 megawatts of electricity and 4.5 MMBtu/hr of thermal energy from clean natural gas.
With all of the advances in forecasting technology and software, it's tempting to conclude that people don't need to play a direct role in the process anymore. But the opposite is true, says Jonathon Karelse, vice president of corporate development and strategic planning with Wholesale Tire Distributors.
Strength is returning to the market for mid-sized warehouses, though vacancies remain high for facilities of 100,000 to 200,000 square feet, says Rob Wheeler, vice president for industrial services at Cresa Chicago. Cresa Chicago is a real estate firm that works only with tenants. With 55 offices in North America, it is "the biggest real estate firm you've never heard of," Wheeler says.
Once a new technology tool becomes embedded in the business world, one tends to forget the doubt and confusion that marked its debut. As anyone over the age of 30 will recall, companies once debated the value of having websites. Early users of the internet were actively hostile to the notion of a network that was created for the defense and academic communities being co-opted by the commercial sector. Now, of course, any business that isn't on the internet is either utterly clueless or not serious about being a success. Yet we seem to be having the same debate all over again, this time centering on the proper role of social media.
More than 60 percent of surveyed companies view logistics as non-strategic, yet expectations for near-perfect performance are placing increasing stress on global logistics organizations, according to research and advisory firm Gartner Inc.
There are two major challenges that companies face today in forecasting, says Bob Leonard, vice president of sales with Forecast Pro. One is the push to drive down to more detail, including smaller time buckets. The other is the need to treat forecasting as an analytical task, instead of just clerical work.
More than 60 percent of respondents to a recent Tompkins Supply Chain Consortium survey say manufacturing is still on the rise in China. The report, China Supply Chain Perspectives: Operations and Future Investments, reveals the results of a survey completed by nearly 100 North American supply chain executives across all major industry segments that have supply chain operations in China.
Six mega trends have been identified that will significantly impact the revenues, costs and profitability of the commercial vehicle industry as demand for trucks and buses evolves with globalization, technology development, regulation and emerging market growth, according to a report from Ernst + Young.