Spot truckload freight volume and available capacity both fell during the week ending May 21, according to DAT Solutions, which operates the DAT network of load boards. However, load-to-truck ratios increased and diesel prices have been rising sharply - an indication that spot rates may pick up soon.
The total cost of having a vehicle fleet fell by 14 percent from 2014 to 2015 due primarily lower fuel prices, according to the inaugural Element Fleet Total Cost of Ownership Index.
Anyone managing a supply chain has to have a good head for logistics, coordinating a number of sources in manufacturing or procurement, negotiating for the best supplies at the best prices, and navigating a maze of partners on all levels. This means an extensive amount of time taken for inventory and cataloguing.
More and more drug makers are giving continuous manufacturing a try, seeing it as the future in small molecule drug production, in part, because the plants for the process are much smaller than those for batch processing. Now, scientists at MIT have a prototype of a continuous manufacturing device so small it might be used by pharmacies to produce their own generic drugs.
For more than 60 years, freight and parcel shippers have used service companies to audit their shipping invoices and to make accurate payments to their carriers. However, due to the desire to maintain control of the process, some shippers would rather not outsource this function. In recent years, some audit and payment providers have developed software tools that allow shippers to bring these controls in-house.
TrackX Inc., a provider of radio frequency identification-enabled asset tracking and supply-chain management technology, has announced a partnership with Quest Solution Inc., an integrator of mobility systems for hardware manufacturers.
The latest supply-chain news, analysis, trends and tools for executives in the pharmaceutical and biotech industries. Learn how pharmaceutical and biotech companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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