supply chain

Business, Logistics

CIT Group Plans to Expand Capital Equipment Finance Team

In an effort to expand its leasing and financing solutions to all stages of the supply chain, CIT Group Inc. said July 19 it is creating a Logistics Finance unit within its existing Capital Finance Business division.

July 24, 2018
Business, Technology, Equipment, Logistics, Autonomous

Carriers Led Logistics Industry Higher in 2017, Report Says

CSCMP panel Joe Ruddy (left), Cheryl Capps, Joe Carlier and Sean Monahan. (Burney Simpson/Transport Topics)

The logistics supply chain had a strong 2017 with a healthy economy revving up demand that led to tight capacity that gave carriers the authority to raise prices with shippers, according to the 29th Annual Council of Supply Chain Management Professionals State of Logistics Report.

Burney Simpson | Staff Reporter
June 21, 2018
Business, Logistics

Supply Chain Survey Shows Job Satisfaction High, but Women Earn Less

Warehouse Getty Images

The average salary for supply chain professionals in 2017 was $85,210, and nearly all say they are highly satisfied with their jobs, according to a salary survey by APICS, the association for supply chain management.

May 18, 2018
Business, Technology, Logistics

Where’s That Shipment? Shippers Demand Precise Load Tracking to Improve Supply Chain Operations

Descartes Systems Group load-tracking technology Load-tracking technology photo by Descartes Systems Group

Shippers are demanding more precise information about the location and status of their shipments, and transportation and logistics providers said they are using multiple load-tracking platforms to collect and share that information.

Mindy Long | Special to Transport Topics
April 20, 2018
Business, Technology, Logistics, Top 100, Top 50

Schneider, 8VC Partner to Boost Digital Supply Chain

Schneider truck MoDOT/Flickr

Venture capital firm 8VC and diversified truckload carrier Schneider announced a partnership to leverage technology on trucks to create a pathway to a fully digital supply chain.

April 11, 2018
Business, Technology, Perspective

Opinion: Four Reasons Why Freight Visibility Should Be a Top Focus

Despite the immediate benefits to the supply chain, there is still a lack of knowledge about the competitive advantages of real-time freight visibility. As the supply chain becomes exponentially more complicated, the importance of freight visibility increases due to its ability to provide real-time insight into the location and status of freight.

Dan Cicerchi | Vice President, Commercial Operations, Descartes MacroPoint
April 9, 2018

Disruption Swoops Down on Trucking Industry, Truck Maker Executive Says

Navistar's Persio Lisboa Lisboa by John Sommers II for Transport Topics

ATLANTA — Disruptions of supply chain operations are coming and will shake up the trucking industry from fleets to suppliers, an executive with one truck maker said, adding it was time for the industry to get “paranoid.”

Roger Gilroy | Senior Reporter
September 27, 2017
Business, Equipment, Logistics

Steady Growth Seen for Transloading, Supply Chain Experts Say

IANA panel IANA panelists (from left), Peter Wolff of TTX, Leachman of the University of California-Berkeley, Tuthill of CMA CGM, Jonathan Wahba of Canadian Pacific Railway and Boyle of Quik Pick Express. (Ari Ashe/Transport Topics)

LONG BEACH, Calif. — Since 2007, transloading has grown at double the rate of U.S. imports, and supply chain experts believe it will become more popular because of the benefits to the entire supply chain.

Ari Ashe | Staff Reporter
September 26, 2017
Business, Technology, Logistics

German Firm Körber to Acquire U.S. Supply Chain Software Company HighJump

U.S.-based supply chain software firm HighJump is being acquired by Körber AG in Hamburg, Germany, for an undisclosed amount from Accellos Holdings and its primary investor, Accel-KKR, in Menlo Park, Calif.

Daniel P. Bearth | Staff Writer
August 30, 2017
Business, Technology, Logistics

Returns of Online Purchases a Key Factor in E-Commerce Boom

UPS shopping Jin Lee/Bloomberg News

While the growth of e-commerce is widely viewed as a boon for last-mile deliveries, customer returns of the merchandise that’s delivered also are forcing change across carriers’ and shippers’ supply chains, industry experts said.

August 17, 2017