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Innovation in Tranportation Risk Management

Transportation risk in the supply chain is ever present. Losses incurred in this space often impact the bottom line, and at their worst are catastrophic. While federal oversight of the transportation industry, led by the FMCSA, has made strides in improving overall safety on the road, there still are many risks that shippers are exposed to and must manage themselves -especially in the absence of a strong national hiring standard.
June 01, 2019
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Innovative Strategies and Spot Quote Tools in TMS

Most shippers regard the spot quote functionality of their TMS solution as a tactical device for booking expedited shipments when capacity is tight and carriers in the routing guide decline tenders - a costly means of covering loads but a necessary evil. Don't look at expedited shipping as a cost center and a necessary evil.
February 01, 2019
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Navigating Trade Tariffs

The global tariff environment is constantly changing, creating a high risk impact for companies affecting their international supply chains, financial exposure, long standing business relationships and sourcing strategies. These changes can also result in trade compliance consequences.
November 18, 2019
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On-Demand Freight and How It Will Transform Logistics

Moving large amounts of spot freight is challenging for enterprise shippers. The average spot load can take hours to manage, taxing limited resources with intensive manual work for everything from pricing and booking to load acceptance, planning, and scheduling.
May 14, 2019
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Paving the Way to Safer Roads with a Digital Freight Network

Convoy recently announced their new predictive crash capability that uses machine learning and automation to qualify safe drivers into their freight network, yielding 16% fewer accidents vs. the industry average. This not only helps keep the roads safer, but it also increases on-time deliveries and cost savings for shippers, with lower claim rates and fewer cargo incidents. Commercial crashes are one of the major contributors to cargo loss, which is estimated to exceed $50 billion globally every year. Today, Convoy experiences a cargo claim less than once per 2,000 loads, whereas the industry experiences a cargo claim about once per 100 loads.
July 16, 2020
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Product Information Transparency

In our current age of transparency, brands need to constantly prove they are worthy of the consumer's dollar and demonstrate outright that they are keeping the consumer and their values top of mind, not hiding anything that would contradict their ideals.
October 12, 2018
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Six Reasons Why I am Forecasting a Recession for 2020

Are we headed for a recession? Many leading indicators point to 'yes'. In this article, Truckstop.com Chief Economist, Noel Perry, looks at six of the reason a recession is likely, some potential good news, and what happens if there is no recession.
September 17, 2019
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Smarter Supply Chain Control Towers: An IBM Point of View

Supply chains are an essential service to our daily lives, the backbone of the global economy, and a true source of differentiation and innovation for enterprises. When they run smoothly, customers get the products and services they need at the right price, place and time. But pressure to deliver better customer experiences and continuously optimize operations and costs — coupled with unpredictable disruptions to demand, supply and logistics — have exposed the vulnerabilities and fragility of supply chains.
December 09, 2020
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Smarter Supply Chains for an Unpredictable World

The COVID-19 pandemic has exposed supply chain vulnerabilities that exist in virtually every sector industry. It has demonstrated that even a small disruption in the intertwined, multifaceted modern supply chain can have dramatic effects.
October 15, 2020
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Supplier Onboarding and Collaboration: An IBM Point of View

A company’s value rests, in large part, with its suppliers. For example, over 50% of the value creation in manufactured products comes from suppliers. Your ability to collaborate effectively with the suppliers you have, while quickly onboarding new suppliers, is essential to driving competitive advantage in good times and being resilient when times are tough. But there are challenges. The global pandemic is the ultimate example of what happens when companies in certain industries don’t have visibility beyond tier 1 suppliers and can’t quickly onboard new suppliers to address unpredictable but urgent business needs. This new reality is spurring many companies to reassess the balance between globalization and localization across their supply chain ecosystem.
November 13, 2020
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