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S&P Global’s acquisition of Panjiva may give shippers new predictive analytics for risk mitigation
The value of granular supply chain market intelligence to mainstream investors was made infinitely clear with today’s announcement that S&P Global (NYSE: SPGI) will acquire Panjiva, Inc. to enhance its prominent role in the world’s economy.
IAM, IoT and the Connected Supply Chain
There are three primary models of Identity and Access Management (IAM) technology that CTOs, CSOs, and Supply Chain executives are using to enhance their trading partner communities. While each leverages IAM and the IoT as core components only an “Outside-in” approach truly connects people, systems and things reliably and securely across the supply chain.
New shipper survey reveals that small businesses face “import overhead”
While importing continues to grow across both small and enterprise companies, almost 50% of the 300,000-plus American businesses who import still use spreadsheets to manage their international supply chain.
Happy 100th Birthday, New England Motor Freight! What a ride, chairman says
In an era of cutthroat competition and profit measured in pennies on the dollar, if a trucking company lasts ten years it’s worth celebrating. Only a handful of carriers operating today have ever logged 50 years in existence. Then there is Elizabeth, N.J.-based New England Motor Freight. NEMF, whose maroon colored trucks and trailers are ubiquitous in the Boston-New York-Washington “Acela Corridor,” hits the century mark this year as the company celebrates 100 years of operating during its year-long centennial celebration.
U.S. rail carload and intermodal volumes are mixed for week ending February 10
Carloads slipped 0.5% annually to 251,058, and intermodal containers and trailers, at 268,487, saw a 3.7% annual gain.
Memo to Washington D.C.: Stop talking about raising the gas tax, go do it
Time can be defined in many different ways. A year can be viewed as a long time for certain things, as can five years or an even decade. But you know what’s a really long time? 25 years i.e. a quarter century. Why is 25 years significant? Let me tie it to transportation infrastructure, specifically the Highway Trust Fund and its key funding mechanism, the federal gasoline tax, which has not been increased in, wait for it….25 years? As a quick reminder, the gas tax is 18.4 cents on gasoline and 24.4 cents on diesel.
Panjiva points to strong import growth to start 2018
January shipments, at 1,006,861, were up 7.7% annually compared to 934,447 in January 2017. Panjiva said this marks the fastest rate of growth in a month going back to April 2017, as well as outpacing the cumulative 4.1% growth rate for all of 2017, which it noted was a record year for U.S.-bound shipments in aggregate.
Ryder opens up new Laredo, Texas cross-border facility
This new 109,000 square-foot facility, said Ryder, is less than five miles from the World Trade Bridge and is comprised of 6,400 square-feet of office space, 51 dock doors, two ramps, and 114 trailer spaces.
Port of Oakland reports another significant jump in export volume
The Port of Oakland today reported that containerized export volume in January increased 2.1 percent from the same month a year ago.
XPO takes steps to expand European last mile delivery services
The European markets XPO will expand into include UK, Ireland, the Netherlands, Spain and France, and XPO said it expects to manage more than 750,000 last mile deliveries from retailers and e-commerce companies in Europe in 2018.