Friday, - GlobalTranz



Friday, January 12, 2018GlobalTranz NewsGlobalTranz Announces Acquisition of AJR , Jan 10GlobalTranz Enterprises, Inc., a leading technology-driven freight management solution provider, today announced it has acquired AJR Transportation, a Texas-based freight brokerage, and logistics company. The acquisition further solidifies GlobalTranz’s position as a top freight brokerage firm and validates the continued strength of the freight agent business model.Logistics IndustryForget Uberization, trucking is due for its Airbnb momentFreightWaves, Jan 8Uberization has received a lot of attention over the past couple of years. They have been a significant number of investments in the space, most of which have or will fail. We have described these companies as “Groupons” in past articles, a phenomenon to describe a number of the digital brokerage startups that were pursuing revenue for the sake of revenue and not building traction in a sustainable business model.3PL strategic planning and alignment for future is keyLogistics Management, Jan 9Managing shipment visibility, coordinating transit and delivery details, and enabling efficient management of administrative activities will be key objectives for both shippers and 3PLs this year. According to the consultancy Armstrong & Associates, global third-party logistics revenues are on track to exceed $962 billion in 2020. Analysts add that the complexity of logistics management intensifies at the same pace as the double-digit growth of e-commerce. As a consequence, supply chain managers must continue to evaluate a growing list of integrated services, IT enhancements and value-added solutions concurrent with this trend.Want to boost profits? Start by building the right lanesFreightWaves, Jan 9A lot has been spoken about how the freight industry is sluggish on the uptake with regard to adopting technology, but the truth is, the industry needs a better understanding of demographics than it does technology. Making a company profitable inevitably boils down to two main factors - fixed and variable costs. The fixed costs don’t change the equation since they rely little on the variances of the market, the seasonal changes, or a market meltdown.How to predict and solve supply chain problems before they happenSupplyChainDive, Jan 10Predictive analytics and machine learning are helping supply chain managers become more savvy and proactive. Sure, supply chain analytics are all the rage, but can they truly predict the future? Yes, says Monte Zweben, CEO of Splice Machine — a San Francisco-based company that has created a platform for predictive applications that uses analytical processing and machine learning to improve over time. Online Predictive Processing (OLPP) can help manage operational processes and large-scale IoT infrastructures.2018 Outlook: Rates up, capacity tight—time to get smarterLogistics Management, Jan 10As we have since 2005, we charge into the New Year with our annual “Rate Outlook” cover story and corresponding Webcast where we round up the top analysts in each mode—trucking, air, ocean, rail/intermodal, parcel—to offer the most comprehensive snapshot available of what shippers can expect in terms of freight rates and capacity.Transportation MarketsLoad-to-Truck Ratios Hit Record HighsDec 31 - Jan 6 - The combination of extreme weather, plus tightened capacity as a result of the recently implemented ELD mandate, drove rates higher during the first week of 2018. The national average van rate, reefer rate and flatbed rate all moved higher last week. The demand for trucks pushed load-to-truck ratios to record highs, including an all-time record-high of 14.7 loads per truck for vans. National average spot market rates for the past four weeks, including fuel surcharges. Weekly rate snapshots reflect averages for the month to-date, from DAT RateView. ?Source: DAT Trendlines? ?Spot Truckload Rates Surge to Start New , Jan10Amid extreme weather and tight capacity, national average spot truckload rates saw double-digit increases during the week ending Jan. 6, according to DAT Solutions and its network of load boards. The number of available loads increased 27%, in line with expectations when a full workweek follows a holiday-shortened one. However, the number of trucks posted to DAT load boards was up just 7.4% and the imbalance pushed load-to-truck ratios up for all three equipment types: The van load-to-truck ratio jumped 19% to 14.7 to 1, the highest van ratio ever recorded by DAT. The flatbed ratio surged 22% to 63.5 to 1 while the reefer ratio increased 6% to 25.2 to 1.Have Van Rates Hit Their Peak?DAT, Jan 10The national average van rate has soared in the new year, hitting a whopping $2.30/mile on January 6th. That's a new record high, breaking the one that was set just a week prior, and rates on a majority of the top 100 van lanes continued to climb last week. As expected, the electronic logging device (ELD) mandate has made trucks harder to find, while winter storms and truckers taking time off for New Year's Day made capacity even tighter last week. All of that has put pressure on prices to go up, but there were also the first signs of moderating trends.For-Hire Freight Index Hits Another Record , Jan10The amount of freight moved by the U.S. for-hire transportation industry hit a second consecutive all-time high in November, according to new Transportation Department figures. Its Freight Transportation Services Index (TSI) rose 0.2% from October to a reading of 130.8. When November is compared to the same time a year earlier, the index posted a 5.8% gain.IATA says global airfreight on track for best year since 2010DC Velocity, Jan 10Global airfreight volumes rose in November by 8.8 percent over year-earlier totals, putting the transport mode on track to have its best year since 2010, the International Air Transport Association (IATA), the leading global airline trade group, said today. Final December figures are not in. However, the month is seasonally strong for airfreight as demand picks up for rush shipments near the holidays.Ten trends trucking should watch in , Jan 9One of John Larkin’s annual “top ten” industry trend listings suggests automation may not arrive soon enough to stave off a major labor crunch. There’s a lot of change going on in trucking right now, with the contentious imposition of electronic logging devices (ELDs) but one of the more salient examples. So, what should motor carrier executives keep their eyes upon as the New Year starts shifting into high gear?Economy & Supply ChainCrowdsourcing for Last Mile SuccessLogistics Viewpoints, Jan 10Last mile deliveries continue to be costly and headache-inducing for retailers. A lot of this is due to consumers constantly evolving and tough to meet demands of fast, reliable, and cheap (or free) service. Many retailers have turned to crowdsourced delivery options to alleviate the stress of last mile deliveries, and in turn, have turned their stores into mini-warehouses. However, the problems associated with last mile deliveries are not just felt by traditional retailers.Reverse logistics season is in full post-holidays bloomLogistics Management, Jan 10While the 2017 holidays are in the rear view mirror, that does not mean that it has gotten up and gone away. How? Well, in the supply chain management world we live in, it really comes down to two simple words: reverse logistics. While the 2017 holidays are in the rearview mirror, it does not mean that it has gotten up and gone away. How? Well, in the supply chain management world we live in, it really comes down to two simple words: reverse logistics.Solving the ‘Final 50 Feet’ Delivery ChallengeTransport Topics, Jan 10Researchers are joining major retailers, logistics firms, city transportation offices and others in the freight industry to reconsider last-mile delivery systems, even reviewing the way they get packages the “final 50 feet” in congested urban downtowns.Will high freight rates destroy the bull market for everyone?FreightWaves, Jan 9Investors are betting that carriers and 3PLs will ride the wave through 2018. If high TL rates cause inflation, the Fed might raise rates and end the party. Right now we are already 3,226 days into the second-longest bull market since the 1920s—only the 4,494 day bull market from 1987-2000 was longer. The Dow Jones Industrial Average rose 25% in value during 2017 alone. The New York Times created a graph that compares the relative lengths of these up-cycles.The Amazon Supply Chain: The Most Innovative in the World?Logistics Viewpoints, Jan 8Is the Amazon supply chain the most innovative in the world? A very strong argument can be made that they are despite some announcements that were pie in the sky – like the patent they won in January for floating warehouses that use drones for deliveries and replenishment. Or for that matter, Jeff Bezos’ drone prediction made five years ago on 60 Minutes. Drones for home delivery are still too dangerous, as opposed to using drones for inventory management.Technology & InnovationWhy technology is being deployed to change truckingFleetowner, Jan 10Improving efficiency and profitability is only part of it; making the freight industry more human-friendly is the other goal. You’d be forgiven for thinking the rapid imposition of electronic logging devices (ELDs), mobile freight applications, Uber for trucking services, and the still-in-development autonomous truck is part of a “master plan” to remove humans from the business of moving cargo.Artificial Intelligence Will Transform the Global Logistics Network in Three Key AreasInbound Logistics, Jan 9Two of the world’s most influential research and advisory firms predict major acceleration in artificial intelligence (AI) use as more businesses look to make the digital transformation leap. Forrester projects AI investment tripled in 2017, and Gartner expects AI to be pervasive in almost every new software product and service by 2020. With its cognitive interfaces, in-depth analytics, and machine-learning technology, AI provides business users operating within complex systems and dynamic networks with powerful, actionable intelligence that drives faster decision-making.California Startup Plans Fully Autonomous Last-Mile Delivery Vehicle , Jan 11The next big thing in package delivery by autonomous vehicle could be purpose-built vans loaded with fashions from shops at the local mall, electronics from e-retailers around the globe and groceries from neighborhood purveyors. That’s the kind of proposition Northern California startup Udelv plans to unveil Jan. 30. Its self-driving van will bring consumers food and kitchen goods from the high-end Draeger’s Market chain in the Bay Area city of San Mateo.ShipChain Raises $30 Million While Building A Decentralized Blockchain Based Freight And Logistics PlatformInfluencive, Jan 8The amount of money raised through initial coin offerings in 2017 reached over $3.6 Billion which was more than all early-stage venture capital fundraising last year. That is no small accomplishment or amount of money and it isn’t showing any signs of slowing down.Gartner: AI and B2B marketplaces will dominate procurementSupplyChainDive, Jan 9AI and e-commerce sites such as Amazon and Alibaba are creating big, evolving trends for supply chains, but this new report suggests those trends are changing procurement as well. Gartner's predictions, if they play out in 2018, will have an acute effect on procurement and ripple throughout the supply ernment, Regulation & SafetyTrump Infrastructure Plan Will Limit Regulations, DOT Exec SaysTransport Topics, Jan 10President Donald Trump’s infrastructure plan will include a concerted effort to limit the regulatory checkpoints projects must pass through, according to a leading U.S. Department of Transportation official. James Ray, special adviser to Transportation Secretary Elaine Chao on infrastructure matters, said one of the White House’s goals is to reduce the amount of regulations that can sometimes stymie initiatives.Is NAFTA dead?SupplyChainDive, Jan 11We're only 11 days into 2018, but any hope the new year would bring smoother sailing in terms of trade has already dissipated. In the first week, rumors emerged that the U.K. is looking to join the new Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) block, the U.S. began renegotiating its bilateral trade deal with Korea and the future of the NAFTA appears as uncertain as it was when Trump was first elected.Trump Signs Anti-Human Trafficking Bills Into LawTransport Topics, Jan 10Commercial drivers found guilty of human trafficking will be disqualified from the industry under legislation President Donald Trump signed into law this month. The bipartisan No Human Trafficking on Our Roads Act, sponsored by Rep. John Katko (R-N.Y.), requires the U.S. Department of Transportation to issue bans on professional drivers who are issued felonies for using commercial motor vehicles for trafficking.SupplementsNovember 2017 Freight Transportation Services Index (TSI) – Posted Jan 10DAT?Trendlines? Cass Freight Index – (November Report Attached)Cass Truckload Linehaul Index??Cass Intermodal Price Index???Quick Links to Top News Outlets:Supply Chain DiveLogistics ManagementFreightWavesTransport TopicsThe Journal of CommerceDigital Commerce DC CCJ WSJ Logistics ReportDAT Industry Trends___________________Comments & SuggestionsWe are very much interested in receiving your comments, suggestions and ideas regarding the value and content provided in the Weekly Industry News Update. Simply reply to this email or contact marketing@. The GlobalTranz Marketing Team appreciates your feedback!??? ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download