project44, the global leader in real-time supply chain visibility, today announced that it has acquired Austin-based Convey, the last-mile technology leader that powers exceptional direct-to-consumer delivery experiences for more than 200 of the world’s largest brands, including The Home Depot, Nieman Marcus, Ferguson, Ingram-Micro, and others.
Google Selects project44 as First Real-Time Visibility Provider for Google Cloud Supply Chain Twin Solution. This partnership integrates project44 analytics into Google Cloud’s new Supply Chain Twin solution to improve transportation efficiency and inventory management for world’s most progressive supply chains.
Global trade rebounded in Q1 2021, increasing by about 10% YoY and 4% QoQ. It is expected to further rebound in Q2 and projected to grow by 16%. However the outlook remains uncertain as per UNCTAD.
While global trade grows and shipments crisscross across the globe, the documentation for these shipments are still in paper mode even in this digital age.
Dealing with physical printing of paper is a practice that the shipping industry continues to depend on and these paper documents includes insurance policies, invoices and some very important documents like bills of lading.
Disruption, Innovation, Big Data, IoT, SaaS, Digital freight forwarders, Blockchain.. No its not a Thesaurus test..
These are just some of the big fancy words thrown around in the market and media currently in relation to shipping and freight..
These tools are all (or should be) designed to assist the customer, whether you are a buyer, seller, trader, forwarder, NVOCC or shipping line to conduct their business smoothly and efficiently..
Yet with all these advances, innovations, digitization etc customers still have problems with container shipments on a daily basis.. Whether it is with a shipping line, with a forwarder, with customs, with port, with hauliers etc etc etc, there are still many problems on a daily basis..
So my question today is, in spite of such advances in technology, communication, operations, trade documentation and accessibility why are many customers still facing problems with container shipments..??
Shipping Container, Freight Container, Container, Box, TEU, FEU – many of the synonyms and acronyms by which the common shipping container is referred to as, depending on who is talking..
Universally hailed as one of the greatest inventions of the modern world, the ubiquitous shipping container has really and truly made the world a smaller place and in my view, can be termed the one true architect of Globalisation..
The shipping container has evolved from being just a dumb box to being a smart container capable of being tracked anywhere in the world, in some cases even to the bottom of the ocean..
The shipping container comes in different sizes and types.. This is a refresher on the various types of shipping containers including some unusual shipping containers in use today, its dimensions and information relating to its use and purpose..
Two years after launching BOXBAY, a new high bay container storage system, DP World has completed the testing of the high bay storage concept at its first full-size facility in Jebel Ali port in Dubai.
As per a media release from DP World, more than 63,000 container moves have been completed since the facility, which can hold 792 containers at a time, was commissioned beginning this year.
The test is said to have exceeded expectations with BOXBAY working faster and more energy efficient than anticipated.
project44 is the world’s leading advanced visibility platform for shippers and logistics service providers. project44 connects, automates and provides visibility into key transportation processes to accelerate insights and shorten the time it takes to turn those insights into actions.
project44 announced record growth in Q2, including enterprise net dollar retention of 129% and 123% year-over-year growth in ARR.
We caught up with Jett McCandless, CEO and Founder of project44, for some Executive Insights and to find out more details on the progress of the company, its strategy and the secret behind its phenomenal growth.
Cathy Morrow Roberson, Supply Chain Writer & Researcher, sits down with Neil McEvoy, VP Customer Experience at C3 Solutions and Sinead Croke, CX Director at Hermes on the 19th of August 2021 at 10:00 hrs EST in a Webinar to discuss the challenges and opportunities that the last mile brings.
Reserve your space today.
Transnet Port Terminals (TPT), the State Owned Enterprise responsible for the operation of port terminals in South Africa has officially declared Force Majeure at the container terminals of Durban, Ngqura (Coega), Cape town and Port Elizabeth.
This declaration comes on the back of speculation that Transnet was the victim of a cyber-attack, something that was not confirmed by TPT till the 26th of July 2021.
To facilitate implementation of its just-in-time (JIT) port call standards, DCSA has released interface standards and messaging API (application programming interface) specifications for the first 18 event timestamps defined in its JIT port call data definitions.
The activity of Freight Forwarding has been around for many years and there has been a recent resurgence of the forwarder especially in the form of a digital freight forwarder. Unfortunately fraudulent freight forwarders have permeated this industry as well.
Like any industry, freight forwarding has its good and bad sides and it is quite easy to become a victim of fraud and most of the time, freight forwarders are not associated with the crime or fraud and they may be co-victims just like you.
Here are some of the ways of fraudulent freight forwarders and their scams.
Be it any business, success and growth depend on the optimization of every process. Likewise in logistics, order fulfillment in the warehouse plays a critical role in its success. Though this process looks simple it probably isn’t.
A dramatic increase in the prevalence of supply chain pain points has presented an opportunity for innovation and collaboration, whilst underscoring the importance of digital solutions in the timber logistics sector.
Timber companies used the term “pain point” to refer to an inefficient port or a particularly cumbersome customs authority.
These pain points stood out because they were isolated pockets of inefficiency, delaying an otherwise well-functioning network that carried everything from raw materials to finished goods from one corner of the world to the other.
Over the last year, that has all changed. Pain points became endemic.
project44 has announced that it has acquired San Francisco-based ClearMetal, a market leader in international supply chain visibility and predictive analytics for enterprises.
This acquisition places project44 on the cutting edge of logistics AI, enabling customers to improve agility, and resiliency across their global and multi-modal supply chains.
Global trade volume in 2019 was 11.08 billion tons amounting to around $19 trillion in value.. Seaborne trade accounts for around 90% of global trade..
Currently, various cargoes are transported in 24 million+ containers around the world on over 6,218 container vessels..
As you can imagine this leads to a lot of documentation especially with Customs authorities around the world.. When we speak of Customs authorities around the world, you can also imagine the different rules and regulations each country has for the import and export of cargo to/from their country..