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Leveraging Digital Applications To Open New Markets

Posted by Land Link on May 15, 2019 11:12:14 AM

Digitize Your Communication

In this era of rapid digital transformation, new technologies have opened up opportunities and created challenges, fundamentally transforming customer experiences, operating models and the work environment. Today's transportation providers need to explore their value added viability features to attract new customers and instill confidence in shippers. It has never been more important to provide real time tracking and tracing options for domestic and international shipments.  Shippers basically expect it in this market. Doing it at digital speed is the key. Digitalization is about leveraging technology to create, enable or transform a business process. The basic advantage of digital applications is data compression to improve the speed of transactions. Speed is king in today's logistics world in all facets of execution. Data automation also provides enhanced communication between shipper, consignee and any other interested party. All technologies aside, there is still a strong personal aspect to our business in terms of negotiating contracts, customer service and the commitment of everyone in the organization to be mistake free.

Cloud Technology

Cloud computing is really the internet as we know it today on a commercial scale. Cloud technologies help mitigate the need for physical IT infrastructure, and on-premise support personnel to manage computing capabilities, by running operations across server farms or data centers. Using cloud-based services providers, businesses can leverage IT assets as programmable resources, which are global and scalable on demand. This allows a business to access or lease computing resources and storage power far greater than what it may have been able to access on local infrastructure, while still being able to scale up or down in a cost-efficient manner. Simplicity, affordability and ease of expansion are all enhanced with cloud computing. Enterprise IT is among the fastest growing segment of computing easily set to replace on site systems.

Be Sure Of Your Needs

Everyone wants to utilize the latest technology to remain competitive. The race is on to define the industry’s future. With an estimated US$4.6 trillion of revenues at stake, companies can’t afford to sit back and watch; they need to adapt to changing markets proactively. Before rushing in, consult an industry export to provide the direction and pace of technology applications to stay on point and within budget. Like most other industries, transportation and logistics is currently confronting immense change; and like all change, this brings both risk and opportunity. New technology, new market entrants, new customer expectations, and new business models. There are many ways the sector could develop to meet these challenges, some evolutionary, others more revolutionary. These are indeed interesting times. And its in these times that the council of an expert is vital. For a consultation regarding your current supply chain protocols, please contact us today. To keep informed on these emerging topics and more subscribe to our weekly blog on our site.

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Topics: Logistics Business, Logistics News, Industry Trends, Technology

Warehouses Are Experiencing a Metamorphosis In Operational Procedures

Posted by Land Link on Mar 20, 2019 9:30:00 AM

Warehouses and distribution centers around the world are coping with massive change and investment to stay competitive. Challenged by the demands of e-commerce and omni-channel fulfillment, smaller orders, ever-shrinking delivery timeframes, and a persistent labor shortage, operations are in perpetual need of tools that can help them tackle these and other ongoing productivity issues. Technology is the driving force in the warehouse and DC transformation. With automation, robotics, artificial intelligence and other advanced technologies making their way into the world’s distribution facilities, the warehouse management system has become a vital component to manage the increased amount of information. And because it collects valuable information along the way, WMS also provides actionable data analytics that companies can use for good decision-making.

Let's take a look at some industry trends for 2019.

Software and Equipment Vendors Offer Creative Financing

In an effort to convince warehouse and DC managers to take the next leap in automation implementation, equipment suppliers are coming up with creative finance plans to make it easier to upgrade. One approach that more companies are adopting is that assets can be rented versus purchased or leased. In other instances, the WMS vendors which sell the systems that run the automated equipment are now working more closely with their end users to help make it more affordable for a wider swath of customers.

A Focus On a more User Friendly WMS Interface

Perhaps the biggest turn off to any computer program is a complicated user interface.  Logistics managers don’t have the time to sift through reams of data to find what they’re looking for. Pertinent data needs to be a mouse click away. WMS vendors are focusing on their user interfaces and coming up with ways to present data in a more logical format to users. The focus is on making systems more engaging and easier to use, and particularly in a same-day-shipping environment, where a field service technician or retail clerk can use the system with little or no training.

More Improved Inventory Return System

In the online ordering world returns are a major line item in the profit and loss statement. Managing those returns more accurately will mitigate the return allowance figure in the financial statements. Returns management systems have made a sizable impact on the distribution environment, and are pushing technology vendors to add better precision management capabilities into their systems. Companies have to be able to manage precision, while more economically managing individual items. While WMS systems certainly help companies pick, pack, and stage, they are also inventory systems. As items get returned, shippers need to be able to return those goods to either inventory, vendor, wholesale or scrap to accurately determine their value.

These are just a few trends to watch for in 2019. Form more information on how technology can benefit your organization contact us today.

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Topics: Logistics Business, Logistics News, Industry Trends

How the Trump Tariffs May Affect Shippers

Posted by Land Link on Jun 20, 2018 10:46:47 AM

The Trump administration on Friday escalated a trade war between the world’s two largest economies, moving ahead with tariffs on $50 billion of Chinese goods and provoking an immediate response from Beijing. Today Trump suggested possibly moving forward with additional tariffs which may exceed $200 million. The shipping community has been on edge about the impact the tariffs may have on the logistics market since the tariffs were proposed some 18 months ago. Before we examine the potential fallout lets outline precisely what industries will be affected.

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Topics: Transportation News, Logistics Business, Shipping News

Diesel Prices at a 3 Year High

Posted by Land Link on Apr 18, 2018 12:39:49 PM

Just as the domestic manufacturing sector is enjoying a strong and steady growth a 6.1-cent jump in diesel fuel prices across the country, during the week ending April 16, have diesel at its highest point of 2018, and its highest since the beginning of 2015. The U.S.’ average price for a gallon of on-highway diesel now stands at $3.104, the highest since the week ending Jan. 5, 2015, when diesel averaged out at $3.137. The increase was spurred by significant increases in all regions across the country, with the most significant increases being seen in the West Coast, which saw a 7-10 cent jump.

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Topics: Logistics Business, Shipping News, Logistics News, Industry Trends

LTL Market in High Gear Early 2018

Posted by Land Link on Mar 22, 2018 9:46:21 AM

Buoyed by surging demand, LTL carriers are revving up for a strong 2018, warning that tightening capacity means sharply higher rates in what is anticipated to be possibly the highest demand market in a dozen years. It is a generally unanimous feeling among Logistics market analysts that the current environment of consistently steady industrial and retail demand, the tightening of overall trucking capacity throughout the industry, and LTL’s special operational niche all are factors in creating the perfect storm of premium price points and strong demand.

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Topics: Third Party Logistics, Logistics Business, Logistics News

Logistics Evolution: Some Interesting Trends

Posted by Land Link on Mar 14, 2018 1:52:28 PM

The exponential growth of e-commerce is fueling significant changes in Logistics from order fulfillment to packaging protocol, line haul and final mile delivery. And the demand will only go one direction...directly north. To be prepared for what is to come, logistics managers need to think in terms of systems that they can leverage today to make processes more efficient, while also anticipating the longer-term developments that will reshape tomorrow’s possibilities. It's an exciting, yet challenging, time to be in the logistics business. There is much planning to be done. Keeping up with the trends will help logistics professionals keep pace with current demand while making informed decisions on everything involved in your organizations e-commerce supply chain strategy to meet future demand.

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Topics: Logistics Business, Logistics News, Industry Trends

Robots in Logistics and The Warehouse

Posted by Land Link on Mar 7, 2018 4:50:27 PM

The robotics market serving logistics and transportation companies is primed for rapid growth over the next five years. There is a myriad of routine, repetitive tasks common to warehouse and distribution systems that are well suited to robotic technology. Much of today's warehouses are manually operated, meaning they have little or no automation support. 

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Topics: Logistics Business, Shipping News, Logistics News, Technology

Managing Rising Transportation Costs

Posted by Land Link on Feb 9, 2018 10:09:47 AM

We Can All Agree

Industry experts agree that costs across all sectors worldwide will continue to rise in 2018, and the most successful shippers will be those that are able to mitigate their impact on profitability. The right technology will play an increasingly vital role in driving efficiencies across the global logistics network.

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Topics: Supply Chain Management, Logistics Business, Shipping News, Technology

Transportation at Digital Speed

Posted by Land Link on Jan 31, 2018 2:55:12 PM

Today's marketplace has generated a paradigm shift in customer demand and expectations. I would argue the millennial started all this "gotta have it now" pattern but it makes no difference from where the demand was generated. There is no going back. I just wonder if it can get any worse. As the saying goes, “adapt or die”, and that is what most companies are doing now. The findings from the “26th Annual Study of Logistics and Transportation Trends” suggest that more companies are realizing that competitors and new business models are shifting customer requirements. Firms like Amazon are departing from traditional business practices, using true supply chain management thinking to blur the boundary between days and think more in hours.

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Topics: Supply Chain Management, Transportation News, Logistics Business, Industry Trends

LTL Rates Expected to Rise More Than 5% This Year

Posted by Land Link on Jan 24, 2018 3:18:07 PM

Well, it is finally here. The day truckers will be able to get the rates they need without the haggling, so shippers need to be prepared. The trifecta of tightening capacity, increased demand and the ongoing surge on e-commerce deliveries has come in and it will pay big benefits for the trucking industry. Adding to the issue further is the increased cost of trucking equipment. Tractor costs are up sharply due to emission and safety standards. Trailer costs are up due to increased material and labor costs. So, buckle up if you’re an LTL shipper. Truckload shippers won’t fare much better.  If that’s not enough, mandatory logging devices are costing large carriers millions of dollars to install and manage. 

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Topics: Transportation News, Reducing Freight Rates, Logistics Business, Logistics News