The California assembly voted in favor of a bill to ban driverless autonomous trucks, which now goes on to the state senate and then to the governor. It seeks a pause that would require a human onboard for at least five years while safety data is compiled, according to The Los Angeles Times and other media.
All signs point to a muted retail peak outlook for 2023, with many shippers booking later sailings than in the past as they continue to burn through inventory, figure out demand signals and determine what new products to introduce for end-of-year holidays, Seko Logistics executives said on a media day call. The company’s CEO still sees “green shoots” of optimism with ordering picking up.
Ryder is expanding a nationwide B2B network called Coop that matches available trucks from fleet owners in a variety of modes, Uber-like, with shippers with a temporary need for capacity to meet demand in a tight market for assets. New locations are being added in New York, New Jersey, Pennsylvania and Illinois.
Due to the complexity of freight shipping operations, many businesses that move large quantities of goods may have preconceived notions about LTL or believe common myths about why LTL isn’t right for them. By and large, these myths may be exactly the opposite of the how a well-organized and prepared 3PL handles LTL shipments.
A study by Georgia Tech commissioned by Ryder found a regional autonomous middle mile hub network, based on data from Ryder’s dedicated transportation network in the Southeast, could reduce costs 29% to 40%. Researchers used optimization models for routing and dispatching, comparing the model with existing operations
Parcels are small, but have a big bottom-line impact for subscription box businesses. Whether you’re sending curated boxes, doing replenishment or ecommerce orders, shipping puts pressure on limited transportation budgets. If cost are getting proportionately higher, it’s time to reevaluate your parcel management approach.
In this MCM CommerceChat podcast, we talk to Matthew Cowan, general partner of Next47, a Siemens-backed venture firm that has invested in startups including last mile platform Bringg and on-demand transportation mapping service provider rideOS, about the critical need for real-time data sharing across supply chain partners.
While it may vary by industry, every supply chain has its own set of pain points. When left to fester, they can create permanent damage. Working to identify and immediately triage these pain points should be a top priority for all companies. This 3-step process has proven to be an effective way to get to supply chain optimization.
Despite public pronouncements from FedEx Chairman and CEO Fred Smith that he is unconcerned about Amazon as a logistics competitor, the company used that term in its recently released annual report for the first time in connection with the ecommerce giant. Further actions by Amazon will “reduce our revenue” FedEx stated.
A growth in intermodal transportation by rail from coastal ports is leading to increased development of distribution facilities near so-called inland ports in locations like Chicago, Atlanta, Dallas, Salt Lake City, eastern Pennsylvania and Kansas City, according to a new report from commercial real estate firm JLL.