Third Party Risk: Too Close for Comfort
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.
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.
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.
The Federal Maritime Commission (FMC) took an important step in its regulatory reform efforts this week when it voted to advance a Notice of Proposed Rulemaking (NPRM) that simplifies and streamlines its Non-Vessel-Operating Common Carrier (NVOCC) Service Arrangements (NSA) and Negotiated Rate Arrangements (NRA) rules and procedures.
Port Commissioners have given initial approval to a landmark deal with CenterPoint Properties for a logistics center at the former decommissioned Army base.
Rail carloads dropped 1.7% annually to 266,652, and intermodal containers and trailers eked out a 0.01% annual increase to 272,087.
XVELA, a cloud collaboration platform for ocean carriers and terminal operators, recently announced that Ocean Network Express Pte. Ltd. (“ONE”) has selected XVELA’s next-generation Collaborative Stowage solution to meet its stowage planning needs.
Following two straight months of record-breaking imports at United States-based retail container ports in July and August, things slowed down a tad in September, with ample inventory levels in place for the holiday shopping season, according to the most recent edition of the Port Tracker report issued today by the National Retail Federation (NRF) and…
For September, the most recent month for which data is available, the Freight TSI topped August by 0.2% at 129.2. August’s 129 (downwardly revised from 130.7) was the previous all-time high. And July’s 128.8 was the previous all-time high before August.
A group of leading ports from around the globe wrapped up a two-day meeting in Los Angeles this week as part of a maritime collaboration called chainPORT, a global initiative established in 2015 to digitally connect ports worldwide and boost efficiency within the global maritime supply chain.
XPO Logistics is taking further steps to cement its position as the largest last mile logistics services provider in North America, with today’s announcement that it has completed the opening of eight last mile logistics hubs in advance of Black Friday on November 24.