The global third party logistics (3PL) market is expected to be worth $925.31bn by 2020 and will be partially driven by the outsourcing of secondary business activities, according to a new report.
Carriers are widely viewed as having an easy task: pick up and deliver on time. Piece of cake, right? Wrong. During the next few minutes of reading you will learn not only the challenges carriers face behind the scenes, but also what they aren't telling you that can reduce your transportation and distribution costs!
Lithium Technologies released findings from its State of Social Engagement 2016 study that uncovers how well Fortune 1000 retail brands are engaging with consumers across social platforms. The study showed that retailers are prioritizing engagement, collaboration with influencers and online communities in order to bolster customer satisfaction, and ultimately, sales.
Amcor Rigid Plastics, a division of Australia-based packaging company Amcor, has announced the release of an RFID-integrated pill-dispensing solution. The battery-powered system, known as the S.M.R.T bottle (the initials stand for separate, monitor, release and track), has a clock-calendar function that registers and stores the time, date and number of each dose taken. Smartphones equipped with near field communication (NFC) functionality can then read, display and transmit the information
Automated material handling market is growing with a CAGR of around 8 percent - attributed to increasing demand for the automated solution from various applications like manufacturing, automotive and electrical, according to a new report by Occams Business Research & Consulting.
If you shop at Wal-Mart, you might be buying packaged produce unlike any ever sold in a U.S. store. The sliced apples or cut broccoli - the merchant won't say what's involved exactly - are being used to test blockchain, a new database technology. If successful, the trial could change how Wal-Mart Stores Inc., which serves some 260 million customers a week, monitors food and takes action when something goes wrong. That could spur big leaps in food safety, cut costs and save lives.
SAP says it's establishing a global network of 3D printing co-innovation labs to educate and enable customers, employees and partners on the adoption of additive manufacturing as an integral part of the manufacturing production line.
Apple has big plans to outfit its next iPhone with vibrant, energy-sipping organic LED displays, seeking to entice consumers with new technology that's already been embraced by other high-end smartphone makers. The trouble is that the four main suppliers for such components say they won't have enough production capacity to make screens for all new iPhones next year, with constraints continuing into 2018, presenting a potential challenge for the Cupertino, Calif.-based company.
MacroPoint, creator of a multimodal freight tracking network that provides shippers, logistics service providers and carriers real-time visibility into load status, has received a $44m investment from Susquehanna Growth Equity, LLC (SGE). The company says it plans to accelerate investment in product and network expansion, both in the U.S. and internationally.
A tire-industry working group led by Chinese rubber manufacturing equipment company Mesnac is striving to standardize the way in which the industry uses radio frequency identification tags. This includes how those tags are attached in tires, as well as how they are tested and encoded with data.