Diesel average dips 2 cents, reports EIA
The average price per gallon of diesel gasoline fell 2 cents to $2.992 per gallon, according to the Department of Energy’s Energy Information Administration (EIA). This snaps a streak of seven stra
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Convey introduces updated carrier scorecard and exception management tools
Convey, an Austin, Texas-based provider of cloud-based technology that helps shippers connect disparate data and processes from parcel to freight and first to last mile, announced today it has rolled out new carrier scorecards and exception management tools for its shipper customers. The company said these new capabilities provide shippers a comprehensive analysis of carrier…
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Logistics Management’s Viewpoint on E-commerce: Leveraging available tools
It’s safe to say that nearly every logistics professional reading this issue is feeling the pressures that digital commerce has introduced into their operations. Indeed, e-commerce has brought with it both increased opportunity and complexity.
Reverse Logistics in the “Age of Entitlement”
As e-commerce flourishes, product returns have become even peskier. At the same time, those in the third-party logistics space who aren’t afraid to get their hands dirty are helping shippers create new revenue streams by accommodating the booming demand.
Evolution of E-commerce: The possibilities of tomorrow
We know e-commerce is reshaping logistics, but what are the technologies savvy managers can leverage to meet evolving requirements and shifting operational constraints? We’ve rounded up insights from leading analysts to share tools that are available now as well as what’s on the horizon.
Top U.S. logistics companies lead in brand recognition and value, new report says
UPS and FedEx again placed 1-2 in a prestigious new international survey of the most trusted and important brands in worldwide logistics. In the fourth year of London-based Brand Finance’s valuation of logistics brands, American-based companies filled out four of the top six slots and seven in the Top 25
Non-manufacturing activity remains in growth mode in February, reports ISM
The index ISM uses to measure non-manufacturing growth—known as the NMI––dipped 0.4% to 59.5 in February (a reading above 50 indicates growth), which is slightly below January’s all-time high NMI reading.
INTTRA adds ocean carriers to its digitized platform
Executives for the neutral electronic transaction platform, INTTRA , announced that the software and information provider has expanded its ocean carrier network recently.
Shippers should anticipate a “pivot” in M&A activity this year
Mergers and acquisitions activities for ocean cargo carriers are likely to slow down in 2018, say industry analyts, as trend is likely to “pivot” to freight forwarders.
Chainalytics and Drewry team up to create ocean buying group
A new partnership forged between two prominent global supply chain consultancies was announced today by Chainalytics and Drewry Supply Chain Advisors.