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Predictive Analytics is Critical in the Logistics and Supply Chain

Posted by Land Link Traffic Systems on Sep 23, 2020 10:13:21 AM

In todays Logistics business time and performance are key to success. Now more than ever analytics, metrics and key performance indicators are critical components in planning and execution protocols. Today’s logistics market is more demanding than it’s ever been. Businesses across the supply chain are now expected to easily adjust to shipment patterns, predict customers’ buying behaviors, provide on-time deliveries through the most efficient routes possible, and reduce the risks of cargo inventory errors and miscalculations. Predictive analysis allows for advanced planning for future demand based upon historical data. This movement towards anticipatory logistics is already widely accepted among industry decision-makers: A study by the Council of Supply Chain Management Professionals revealed that 93% of shippers and 98% of third-party logistics firms feel like data-driven decision-making is crucial to supply chain activities, and 71% of them believe that big data improves quality and performance. 

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Topics: Intermodal Freight, Logistics News

Final Mile Demand Increasing During Pandemic

Posted by Land Link Traffic Systems on Sep 17, 2020 8:10:49 AM

The eCommerce revolution has transformed the traditional supply chain. From speed of delivery, to increased consumer expectations, this transformation has mostly been driven by a more empowered consumer. However, this change doesn’t come without challenges, mostly in the final mile of delivery.

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Topics: Logistics News

A Look Ahead At The Future Of The Trucking Industry

Posted by Land Link Traffic Systems on Sep 9, 2020 11:59:28 AM

As we slowly emerge from the Corona Virus the industry is experiencing a myriad of changes. Over the past year, the trucking industry has had to react to unprecedented changes in operational and management procedure. Remote personnel present operational challenges. Customer service and sales staff have been reduced significantly. Most everyone in any trucking or logistics company has had to adapt to the new normal. So, what is the new normal today and what can we expect in the coming months and years. There have been numerous things that have impacted the manner in which the industry has functioned and there have been numerous elements that have changed the way work is received within this industry. Let’s examine some trends and try to make some predictions for 2021.

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Topics: Intermodal Freight, Maximizing Routing Efficiencies, Logistics News

The Origins Of The Labor Day Holiday

Posted by Land Link Traffic Systems on Sep 3, 2020 5:47:52 AM

Labor Day pays tribute to the contributions and achievements of American workers and is traditionally observed on the first Monday in September. It was created by the labor movement in the late 19th century and became a federal holiday in 1894.

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Topics: Freight Bill Auditing, Intermodal Freight, Logistics News

Autonomous Vehicles Set To Dominate The Road And Warehouse

Posted by Land Link Traffic Systems on Aug 26, 2020 12:08:39 PM

It is expected the logistics industry will adopt self-driving vehicles much faster than most other industries. The primary concern for automated motorized vehicles is personnel and property damage liability. Secure areas and minimal personnel mitigate liability risks creating ideal conditions for an automated environment. Also, the grid design of a typical warehouse makes for generally simplified navigation of an automated forklift, for example. The limited and repetitive tasks required to stack and transport pallets does not require complicated programming and sophisticated hardware. With these considerations in mind, it’s possible that a warehouse may be the ideal environment for a completely automated storage and distribution facility. Most high volume warehouse facilities today have some degree of autonomous technology in use. It may require a leap of faith to go to 100% automation. 

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Topics: Intermodal Freight, Reducing Freight Rates, Maximizing Routing Efficiencies, Logistics News

Supply Chain Recovery Strategies Post Corona Virus

Posted by Land Link Traffic Systems on Aug 20, 2020 9:17:07 AM

The effects of the Covid-19 virus are yet to be accurately measured in terms of human life and global economic impact.  Although the numbers continue to climb in parts of the country, it is the universal expectation that the industry and the world will slowly recover from this pandemic.  Now is the time to formulate your organizations recovery plan. 

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Topics: Third Party Logistics, Intermodal Freight, Transportation News, Reducing Freight Rates, Maximizing Routing Efficiencies, Logistics News

Amazon Looking to Transform Empty Mall Space Into Fulfillment Centers

Posted by Land Link Traffic Systems on Aug 13, 2020 9:17:47 AM

One of the largest owners of shopping mall real estate in the United States, Simon Property Group, has been talking to Amazon about transforming its anchor department stores into Amazon distribution hubs, according to the Wall Street Journal. This sounds like good news for Amazon, property owners and local tax and employment opportunities. But is there a downside?

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Topics: Supply Chain Management, Intermodal Freight, Reducing Freight Rates, 3D Printing, Big Data

How Efficient Is Your Freight Expenditure?

Posted by Land Link Traffic Systems on Aug 6, 2020 9:20:08 AM

When your focusing on your logistics and transportation spend, the very first thing that you need is freight and transportation data. Without hard data, you can’t take action. What doesn’t get measured cannot be fixed. When enterprises try to act in the absence of data, they are usually guessing and won’t get the results they need. Data is the new precious metal and it is becoming more essential than ever before. Technological leaps like blockchain, artificial intelligence and machine learning run on data. They’re already beginning to transform supply chain operations across many sectors.

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Topics: Intermodal Freight, Transportation News, Maximizing Routing Efficiencies, Logistics News, Industry Trends, Technology

Technology Is Reshaping Logistics

Posted by Land Link Traffic Systems on Jul 30, 2020 9:16:25 AM

Technology is disrupting the supply chain industry at a rapid pace. During this decade, e-commerce and IoT have irreversibly altered every aspect of logistics management. To remain successful, supply chain managers are increasing their adoption of cloud and technology platforms and applications. Innovative technologies, such as blockchain and machine learning, are being implemented today with the potential of significantly reshaping existing supply chain operating models. By 2023, at least 50% of large global companies will be using AI, advanced analytics and IoT in supply chain operations. That same year, over 30% of operational warehouse workers will be supplemented, not replaced, by collaborative robots. In the digital transformation age, logistics is once again undergoing a major shift. Logistics technologies, such as robotic warehouse systems, make automation a reality, while drones improve last-mile delivery capabilities and better tracking with tools like RFID tags, which improve visibility throughout the supply chain. These technologies also contribute to a rise in big data and analytics in the logistics field. RFID tags and robotic warehouse systems generate and transmit data that, when combined with other data sources, allow companies to optimize the supply chain and make better predictions and forecasts to improve efficiency and boost the bottom line.

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Topics: Third Party Logistics, Intermodal Freight, Transportation News, Reducing Freight Rates, Logistics Business, Logistics News, Technology

Corona Virus is Spurring Autonomous Vehicle Applications

Posted by Land Link Traffic Systems on Jul 23, 2020 7:37:40 AM

In the months since the corona virus prompted shelter-in-place orders around the world, entire companies, industries, and economies have been decimated. One market that appeared poised to escape the impact was autonomous vehicles, particularly in the case of companies whose cars can be used to transport supplies to health care workers. But it seems even they are not immune. While limited continued testing of autonomous vehicles will still be possible via virtual simulation tools, AV technology, within the context of the corona virus pandemic, may still present the possibility of addressing critical needs and providing essential services through the use of driver-less delivery vehicles.   The combination of the need to minimize health risks presented to and by human drivers who deliver vital supplies and materials to the public, and the ability of AVs, equipped with disinfection tools, to deliver such items, may incentivize public authorities to authorize expanded testing and use of AV throughout the U.S.

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Topics: Third Party Logistics, Intermodal Freight, Transportation News, Reducing Freight Rates, Maximizing Routing Efficiencies, Logistics News, Industry Trends, Technology