GE 2014 Annual Report

| October 14, 2014

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Companies and leadership teams go through cycles. Sometimes companies play it safe, defend the status quo or manage momentum. Not GE. We have the ambition to lead the next generation of industrial progress. So we have been profoundly changing our company. We have reshaped the portfolio from a broad conglomerate to a more focused infrastructure leader and took important steps in that pivot last year. We invested in enterprise capability that allows GE to win in a volatile world. We lead the merger of machines and analytics through the Industrial Internet to drive new levels of productivity. We positioned our businesses to achieve superior customer outcomes. And, we ran the Company in a simpler, faster and more accountable way. We have rebuilt GE in a volatile economy, one that favors only the most competitive.

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Freight Systems

Freight Systems is an international leading Freight Forwarding Company since 1988. FSL offers direct outbound and inbound services to and from major cargo destinations around the world.

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How AI and automation are reshaping supply chain roles

Article | March 16, 2020

New technologies and AI have the potential to boost collaboration between machines and workers even if some fear the impact it could have on the jobs market. While AI has been heralded in some quarters as the innovation that will bring about a Fourth Industrial Revolution, its impact on future supply chains is still unclear. The two most prominent opinions are that either AI and automation will lead to workplace functions being replaced, or job roles will be bolstered by the technology. The first of these positions assumes that recent advances mean the skills of computers and robots will soon surpass those of workers in numerous tasks.

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Freight Pricing 2020 Trends: What Should Shippers Know?

Article | March 16, 2020

Freight pricing continues to change across the globe. According to Darren Dodson of Material Handling & Logistics, the state of e-commerce will drive the majority of freight rate changes as more than 8.6 billion packages will make their way to U.S. customers in 2020. Traditional demands of the supply chain market, including increased visibility, better efficiency, and faster service, will also force the freight pricing 2020 trends into an upswing. However, the recent events surrounding the coronavirus and potential disruption to the supply chain will serve as a check to keep carriers competitive and help shippers maintain freight spend control.

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In 2020, Supply-Chain Digitization Is No Longer Optional

Article | March 16, 2020

Without a doubt, uncertainty and unpredictability will continue to increase. Whether you‘re a bio pharma company grappling with temperature excursions, or an automaker relying on critical assembly-line components that only China produces, you’re bound to be affected. The amount of disruption in today’s business climate necessitates the ability to respond in real time, which can only be done if the entire supply chain is visible, and updates are current.

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Accenture: digital transformation of freight and logistics

Article | March 16, 2020

One of the biggest disruptors to traditional freight and logistics, is transforming the way in which the industry continues to do business. In a recent research study, Accenture highlights the importance of traditional freight and logistics companies joining new digital entrants on their disruptive journey, or face becoming irrelevant. “If they persist with ‘business as usual’, traditional players can expect to lose both competitiveness and value. If, however, they harness the power of digital technologies and build new, digital business models, they could significantly enhance their competitiveness, boosting earnings before interest and taxes (EBITDA) by approximately 13% annually.”

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Spotlight

Freight Systems

Freight Systems is an international leading Freight Forwarding Company since 1988. FSL offers direct outbound and inbound services to and from major cargo destinations around the world.

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