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UPS | August 20, 2020
A combination of tight capacity and rising volume means logistics costs will continue to "improve" in UPS' favor, according to a research note from UBS, penned after a meeting between analysts at the bank and UPS' investor relations team."UPS is transitioning to a slower pace of capacity addition in 2021 and we believe broader package industry capacity expansion is also likely to be modest," the research note reads. "Assuming a backdrop of economic growth i...
Quantzig | March 30, 2020
Quantzig, a leading analytics advisory firm that delivers customized analytics solutions, has announced the completion of its free resource on how cognitive analytics is helping businesses to reshape supply chain. Modern-day supply chains are multifaceted with numerous interconnected logistics networks. All these logistics networks must work in synchronization to ensure OTIF deliveries. The latest technological disruptions have paved the way for new and advance business models for collecting and...
DHL | August 14, 2020
DHL is deploying an AI-based software called IDEA in some of its warehouse locations to improve pick routing and staff utilization, the company announced Wednesday.The tool clusters orders "logically," optimizes picking routes and distributes workload among warehouse staff, according to Dietmar Steins, EVP of solutions design at DHL Supply Chain. The software "help[s] prioritize more time-critical shipments," Steins said in a statement.In its first deployments, th...
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Freightview | March 19, 2021
FedEx recognizes Freightview, the transportation management system, as the 2021 compatible solution of the year. Designed specifically for small and medium businesses (SMBs), Freightview got selected as it has the most innovative approach to freight automation and parcel connectivity as per FedEx authorities. Freightview platform offers its top-notch services to e-commerce customers and small and medium businesses historically deprived segment in the transportation management system (TMS) market...
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