Not long before Don Holman's son Garrett died from an overdose in February, he learned his 20-year-old had his drugs delivered directly to their Virginia home in the mail, in packages from foreign countries.
Logistics technology provider Teknowlogi has launched its Logistics Expert System (LES) - a logistics supply chain analytics platform that uses artificial intelligence (AI) decision-making technology. The same technology has already been deployed in medical diagnosis and stock trading.
Challenge: Transit delays and increased inspections by U.S. Customs and Border Protection (CBP) caused supply chain disruptions for a leading essential oils wholesaler. CBP requests for information and action had been received, and there were documentation errors. Customs brokerage fees were costly.
Logistics providers discuss how they're adjusting to major changes brought about by concerns over the economy, shifts in trade policy, the complexities of the omnichannel, rising customer service demands, and the arrival of a new generation of supply-chain managers.
Challenge: The Liebherr LR11350 is one of the most powerful cranes in existence. To ship this 1,488 ton load from the factory door in Germany, through the Port of Hamburg and to the Port of Mobile, Alabama, every piece had to move together - which ultimately meant a heavy-haul ocean transport.
Uber Technologies inched closer to becoming a logistics company last week with the launch of Uber Freight, an on-demand freight service for trucking carriers.
Shipping goods across borders with reusable containers and tracking systems is better for the environment, consumers and companies, yet differential treatment by customs authorities can be detrimental for business, says the International Chamber of Commerce.
The gap between the top-performing airfreight forwarders and those at the bottom, in terms of profit margins, appears to be growing wider, and may continue doing so for the next few years, according to results of a recent poll by Descartes Software and the U.S. Airforwarders Association (AfA).