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SUPPLY CHAIN
Accenture, Ripjar, Shell | March 23, 2021
Ripjar, a UK-based data intelligence company announced that it is set for a joint-venture with Royal Dutch Shell to further develop risk screening for its global supply chain with the help of modern tech- Artificial Intelligence (AI). Leveraging on the vast industry experience and risk expertise of Accenture, Shell has started configuring Ripjar’s Artificial Intelligence technology to analyse and eliminate shortcomings of its supply chain. This application will offer further...
FREIGHT
LaneAxis | December 02, 2020
Riding a strong tailwind of demand and discontent, LaneAxis, Inc., a supply chain-centered SaaS organization, is seeing fast and eager extension of the LaneAxis Direct Network following its ongoing launch. This eagerly awaited broker-free network isn't simply disturbing, however reinventing the manner in which goods are moved from A to B. The Network's essential mission: interfacing shippers directly to carriers, and in the process disposing of the freight industry’s most problemat...
LOGISTICS
Penske Logistics | June 18, 2021
Gartner, a global research and consultancy organization, has placed Penske Logistics in the Visionary category in the 2021 Gartner Magic Quadrant for Third-Party Logistics, North America report. "Being named as an industry Visionary reaffirms our commitment to innovation and the use of technology to deliver industry-leading services to our clients," said Marc Althen, president of Penske Logistics. "Penske can provide a heightened level of end-to-end visibility and t...
Supply Chain Dive | January 27, 2020
The ocean freight contracting season is upon us, and carriers and shippers will soon head to the negotiating table to lock in annual rates. An X-factor this year could complicate matters: the International Maritime Organization's low-sulfur regulations, which required container lines to comply with a sulfur emissions limit of no more than 0.5% mass by mass starting Jan. 1. In turn, refiners had to boost production of compliant fuels and shippers had to ready their budgets for freight price h...
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