Data issued today by the United States Department of Commerce and the National Retail Federation (NRF) indicated that retail sales growth remained intact in October.
Rising 3.3 cents, the average price per gallon is now $2.915, topping last week’s $2.882, and is now the new highest weekly price. Last week’s average eclipsed the previous high from the week of June 15, 2015, when it was at $2.87.
Chicago-based project44 said today it has introduced a new truckload visibility offering, which is designed to enable a smarter information flow across shippers’ supply chains.
October shipments rose 3.2% annually to 1,016,892, which was ahead of September’s 976,605, while the annual spread in October was down compared to September’s 4.9%. Panjiva said this represents the eighth consecutive month of growth and 15 of the last 16 months.
This webinar explores how temperature-sensing smart labels and inexpensive NFC tags are being used to extend product safety and efficiency beyond the shipping dock while also building a communication bridge to your customers.
The majority of information exchanged between business partners still travels by fax, email or phone rather than structured, automated methods. Don’t let this digital divide continue to erode your ROI. Get all your partners into one digital ecosystem.
Experts agree that there are thousands of potential uses for the “Internet of Things” (IoT) line of innovative thinking that enterprises will be connecting assets and leveraging predictive analytics and advanced intelligence as part of digital transformation in freight transport.
You’ve got a handle on many of the potential supply chain “disrupters” that can paralyze your business. But the real risk is embedded in areas you may have overlooked.
Brendan McCahill, Senior Vice President of Trade Data Content at Descartes, examines the current state of U.S. port infrastructure.
During the past four years, use of analytics to mitigate third-party supply chain fraud, waste, and abuse risk has jumped to 35 percent in 2017 from 25.2 percent in 2014, according to a Deloitte poll.