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Economic Indicators Give Reason For Optimism

Posted by Land Link Traffic Systems on May 6, 2021 7:15:06 AM

The U.S. economy is improving after the destruction caused by the COVID-19 pandemic. This cautiously positive outlook is based on experts' reviews of the key economic indicators, including gross domestic product (GDP), unemployment, and inflation. Analysts also have taken a hard look at interest rates, oil and gas prices, jobs, and the impact of climate change.

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Topics: Third Party Logistics, Freight Bill Auditing, Logistics News

The Digital Supply Chain. Doing Away With The Paper Trail

Posted by Land Link Traffic Systems on Apr 13, 2021 10:44:34 AM

We have written about the emerging technologies affecting worldwide business and financial transactions for years now. Increasing technology innovations are making big waves across industries. Logistics and the supply chain may be one of the most impacted sectors. Notorious for its heavy use of manual processes and large amounts of data stored in different ways and in different places, the logistics industry has perhaps the most to gain from implementing new technologies and following the most innovative Supply Chain and Logistics technology trends. Enter the digital supply chain.

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Topics: Third Party Logistics, Freight Bill Auditing, Logistics News

Dissecting the Biden Infrastructure Bill

Posted by Land Link Traffic Systems on Apr 7, 2021 12:41:22 PM

President Biden introduced a $2 trillion plan on Wednesday to overhaul and upgrade the nation’s infrastructure, calling it a transformational effort that could create the “most resilient and innovative economy in the world”.

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Topics: Supply Chain Management, Third Party Logistics, Intermodal Freight, Reducing Freight Rates, Logistics News, Industry Trends

Cargo Ship "Ever Given" Freed From The Beach

Posted by Land Link Traffic Systems on Mar 31, 2021 8:24:42 AM

The massive cargo ship Ever Given has been freed from the shores of the Suez Canal after 6 days of complete traffic blockage. Over the weekend, 14 tugboats pulled and pushed the Ever Given at high tide to try to dislodge it and were able to move the ship "30 degrees from left and right".

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Topics: Third Party Logistics, Intermodal Freight, Transportation News, Maximizing Routing Efficiencies, Shipping News, Logistics News, Technology

What Freight Transportation Will Look Like Beyond 2021

Posted by Land Link Traffic Systems on Mar 11, 2021 8:48:47 AM

Technology is affecting transportation modes through the roads, sky and water. Advancements in speed and efficiency , however may come at some cost.

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

What To Expect From Our 2021 Economy

Posted by Land Link Traffic Systems on Jan 27, 2021 5:34:22 AM

Given the turmoil of 2020, with the pandemic, the tense election cycle and public protests, we are all clamoring for a surer sense of what is to come. The real issue is not whether the economy will be strong, but rather how strong. We’re all cautiously optimistic that things are going to return to some semblance of normal some time In 2021. We may be wearing masks and social distancing for some time to come but the American economy is resilient. We will find a way to adapt and prosper in our new environment.

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Topics: Supply Chain Management, Third Party Logistics, Freight Bill Auditing, Transportation News, Logistics News

Analytics Are More Relevant Than Ever

Posted by Land Link Traffic Systems on Jan 20, 2021 10:09:19 AM

In today’s 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: Third Party Logistics, Freight Bill Auditing, Transportation News, Reducing Freight Rates, Logistics News, Industry Trends

Some Supply Chain Issues To Be Aware Of In 2021

Posted by Land Link Traffic Systems on Jan 13, 2021 11:38:33 AM

As we struggle to combat Covid-19 and other mutant strains of the virus, through this year and beyond, logistics planners may want to keep their eye on some key factors affecting the supply chain. You may find some of these topics affecting your logistics planning in the coming years.

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

Can The Biden Administration Fix Our Infrastructure?

Posted by Land Link Traffic Systems on Jan 7, 2021 8:19:16 AM

America’s roads, bridges and tunnels are crumbling at an alarming rate. Every 4 years the American Society of Civil Engineers (ASCE), an organization made up of over 150,000 civil engineers, gives the United States an “infrastructure report card". The organization gave the U.S. a grade of “D+ in its most recent evaluation. This grade is an improvement from the previous one. The effects of failing infrastructure and the need for the federal government to improve it are obvious, yet why isn’t the government doing anything? There is little disagreement in Washington that repairs are critically needed. The slow response is mostly a combination of trying to secure funding and the snail’s pace at which our federal government moves.

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Topics: Third Party Logistics, Intermodal Freight, Reducing Freight Rates, Logistics News

2020, a Look Back

Posted by Land Link Traffic Systems on Dec 30, 2020 10:24:27 AM

Everyone is anxious to turn the calendar page next month. Industries have transformed dramatically as companies across the world rethink business models, restructure organizations, and adapt to ever-changing rules and regulations.

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Topics: Third Party Logistics, Transportation News, Maximizing Routing Efficiencies, Logistics News, Industry Trends, Technology