The Ultimate Guide to Cold Chain Logistics
In recent years, the expansion of global trade has fueled major advancements in business practices, with entrepreneurs consistently upgrading their logistical infrastructure and tools to optimize product storage and transportation. According to a study by KPMG, the logistics industry is evolving rapidly, evidenced by the increasing adoption of IoT (Internet of Things), AI, machine learning, […]
Five Advantages of Foreign Trade Zones
Supply chain companies constantly search for ways to reduce costs and optimize operational efficiency. The global trade industry, particularly, is growing every day with high customer expectations. Hence, many companies in the sector are taking advantage of using foreign trade zones (FTZ). The demand for foreign trade zones is evident in the solar manufacturing market […]
The Ins and Outs of DDP Shipping (Delivery Duty Paid Shipping)
There are billions of consumers worldwide, providing an excellent opportunity to expand your firm. However, in cross-border transactions, the two main concerns for consumers are exorbitant shipping costs (51%) and long delivery times (47%). Interestingly, these issues are among the top three reasons customers abandon their carts. Several factors must be considered to overcome these […]
Five Reasons to Invest in Logistics Technology
Transportation and logistics companies continually pursue innovative strategies to enhance flexibility, sustainability, and transparency. These elements are crucial for supply chain operations as they expand globally. Embracing emerging technologies such as logistics technology is vital for supporting businesses financially and operationally. These cutting-edge tech solutions enhance supply chain efficiency, productivity, and cost-effectiveness, impacting everything from […]
The Fusion of Transportation Modes: Exploring Intermodal Transportation
The recent trajectory of commerce has seen increasing global demand for goods and services. Intermodal transportation, the use of multiple modes of transportation (such as rail, truck, ship, or plane) to move goods or passengers from origin to destination, is becoming popular for businesses that ship their goods worldwide. It has become crucial for more […]
Harnessing AI Predictive Maintenance in Logistics
If the engine doesn’t run, the work’s not done. Manufacturing technologies that go through unexpected failures can cause companies serious problems, and one of the leading causes of lost productivity and money in the supply chain is downtime. Your products must keep moving and are replenished regularly. You don’t want downtime, as these disastrous incidents […]
Machine Learning in Logistics: Use Cases
Due to the high demand of global industries, the growth of international logistics has never been more crucial. As reliance on international freight transportation increases, efficient supply chain management backed by technology is essential to remain competitive. Dependability and speed heavily influence consumer and partner decisions to buy from a brand. The increasing pressure to […]