Day: May 13, 2020

Investor conference highlights trucking headwinds, tailwinds as economic restart looms

Article written by Todd Maiden Bank of America Transportation and Industrials Conference has some calling April the trough The outlook from management teams of several truckload (TL) and transportation companies participating virtually in the Bank of America Transportation and Industrials Conference this week hasn’t changed dramatically from their earnings reports a couple of weeks ago. …

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3 Fundamentals for Building a Resilient Supply Chain

Article written by Nadar Mikhail By focusing on the fundamentals, even in crisis mode, organizational leaders can put the right people, processes and technology in place to tackle the most critical needs. The global health crisis has exposed widespread vulnerabilities in supply chains. Although toilet paper shortages have become the most talked-about issue, long-term demand and supply shock ripples …

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COVID-19 sends ripples through top public LTL carriers in first quarter

Article written by John D. Schulz The first economic shock waves of the COVID-19 pandemic have started to wash across the first quarter earnings reports of the leading publicly held less-than-truckload (LTL) carriers, with more bad news coming later in the year. The first economic shock waves of the COVID-19 pandemic have started to wash …

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Carriers must diversify product to survive the impact of COVID-19

Article written by Corrie White The convulsions that COVID-19 has sent through the economy and supply chain have made it imperative for carriers to diversify their customer base, shed weak areas of their business and adapt to changing retailer behavior. “What COVID-19 is doing is stress testing by default every country’s supply chain and every …

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New tools toward broker transaction transparency, truck stop amenities status

Article written by Todd Dills Two things, today, that I think bear mentioning in the current climate. 1) Trimble’s new interactive ‘COVID-19 Safe Havens’ status map for truck-stop locations The Trimble company (the well-known purveyor of in-cab technology like the formerly-known-as PeopleNet systems for driver-to-back-office and back communications, electronic logs and more) is out with …

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Circle Logistics Starts Bulk Division Focused on Ethanol

Article written by Roger Gilroy Automakers shut down in mid-March as the novel coronavirus threatened employees’ health, then disrupted vehicle production and supply chains. Many freight companies were suddenly without key customers. Circle Logistics, a freight broker, was one of those companies — but it countered the stress by eventually creating a bulk division to …

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Transport Management System Market 2020 Advanced Technology in- Depth Market Overview will boost considerable development prospects by -2026

May 13, 2020 (CDN Newswire via Comtex) — The Transport Management System Market is forecast to grow from USD 82.40 billion in 2018 to USD 206.30 billion by 2026, at a CAGR of 11.24%, during the forecast period. The Transport Management System Market is forecast to show significant growth due to the increase in implementation …

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How Technologies Are Converging To Enable Intelligent And Resilient Supply Chains

Article written by Richard Howells Automatic warehouse with robotic arms, 3D rendering GETTY “Many organizations are focused on applying intelligent technologies like automation, machine learning, and AI to streamline processes, automate routine tasks, and assist in the effectiveness of Internet of Things (IoT), blockchain, augmented and virtual reality, and drones”. That was one of the …

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