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Technology: Page 558
Technology, Start-ups Changing Freight Forwarding Market
Forwarders play an important role in obtaining space on airplanes or ocean vessels at the best rate possible for shippers. Long known as a relationship business, much of the forwarders' business traditionally was done by phone, fax machine or in person. Real-time tracking and management of shipments was non-existent, transparent invoices did not exist and neither did electronic document submission. Until now – today thanks to technology and start-ups, the freight forwarding market is changing. -Cathy Morrow Roberson, Founder/Head Analyst, Logistics Trends & Insights LLC
Lost in Translation? GM Plant Shutdown Shocks South Korea
Only weeks into a new job heading General Motors Co's international operations, Barry Engle flew into a frigid South Korea in January and held a series of meetings with government officials to discuss the future of GM's loss-making local unit.
Hundreds of KFCs Remain Closed Because of Chicken Shortage
The fast food chain KFC has been forced to temporarily close most of its U.K. outlets after problems with a new delivery contract led to a chicken shortage.
Funding the Response to Disruption in the Industry
Historic disruption is happening across the food and beverage industries. Changes in consumer preferences and rapid consolidation have created a challenging business environment for many companies. Response to these pressures can't happen fast enough, especially for companies that have historically dominated the market. Shrinking margins and revenue declines mean there is less cash on hand to invest in innovation – and that's driving companies to find new ways to improve cash flow. -Tom Roberts, SVP Global Marketing, PrimeRevenue
Schneider Electric: A Veteran Company at Technology's Cutting Edge
Artificial intelligence and machine learning: When it comes to supply chain processes, there's hype — and there's reality.
Dealing With Intel’s Massive Security Flaw
The huge security flaw discovered in chips made by Intel Corp., AMD and ARM is threatening nearly all computers, servers, TVs, phones and other mobile devices.
Parcel Carriers Manage Revenue and Finance as Disruption Impacts Business
The growth of e-commerce is transforming the last mile at a rapid rate. Start-ups such as Deliv, Roadie and Instacart, along with Amazon’s own logistics network build-out, have caused a shakeup in the traditional hub-and-spoke system that FedEx and UPS spent years building. As a result, the Big Two have become reactive by raising rates and increasing surcharges to maintain market position while investing in infrastructure to meet changing needs. -Paul Steiner, Vice President of Strategic Analysis, Spend Management Experts
Sam's Club, Vying With Costco and Amazon, Offers Free Shipping to Premium Members
Sam's Club is offering free shipping for premium members and simplifying its membership tiers.
Freight Brokers See Profits Surge on Shipping Rush
Freight middlemen are seeing a surge in business as growing economic demand and tight capacity sends companies rushing to find shipping space.
Trump Tells Lawmakers He’s Mulling Limits on Imported Steel
President Trump suggested this week that the United States was likely to impose restrictions on imported metals, reviving the prospects for a continuing investigation whose future has been called into question amid months of pushback and delays.
Let’s Make a Deal: The Essentials of Successful Negotiating
Just how do you make a deal, anyway?
Food Manufacturer Cuts Freight Spend by 10 Percent Using Kuebix TMS
Challenge: A large food manufacturer was using an arduous manual process to manage its freight. The company knew something had to change to eliminate extensive paper chasing, faxing, repetitive work and wasted time. But with the high volume of inbound and outbound freight to manage, a time-consuming implementation of a TMS wasn't feasible.
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