Transportation TIP List: Week of February 28th, 2016
As we enter the third month of 2016, the old saying, “March comes in like a lion and goes out like a lamb,” is definitely fitting if you’re located in the Midwest. And we’re sure folks on the East Coast are also ready for some more spring-like weather. As we’re counting down the days until spring, this week’s TIP List is helping us pass the time – featuring trends across a variety of domestic and international regions. Check out what topics are heating up below!
- IoT Visibility Comes to Ocean Shipping: The Internet of Things (IoT) is nothing new in logistics, and IoT data that has long existed in ocean shipping. However, it was not being leveraged to improve visibility and carrier scheduling until now. A new solution has emerged that leverages near real-time vessel tracking data to improve shipment planning and tracking.
- Commerce Expands the List of Cuba Exportable Products and Services: The U.S. Department of Commerce (DOC) has expanded the list of products and services that U.S. companies can export to Cuba. The new rules will allow U.S. companies to sell products related to disaster preparedness, education, public transportation and “artistic endeavors,” among others.
- Vancouver Port’s Drayage Initiative Cuts Truck Turn Times: Port Metro Vancouver’s 14-point action plan to reduce truck wait times, improve terminal fluidity and ensure compensatory earnings for the approximately 1,700 drayage truck drivers that serve Canada’s largest container port is celebrating its two-year milestone with dramatically reduced turn times.
- Non-container Ports in Texas Reaping Gains From New Plants: Texas’ non-container ports are in the middle of multiyear boom brought on by the construction of massive industrial plants that are being built around the ports of Brownsville and Corpus Christi. These plants take advantage of the abundance of shale oil and gas flowing out of the Eagle Ford oil shale field in South Texas.
- Ready For A Rebound: The Midwest region was one of the hardest hit in the economy’s downturn, and it’s also been one of the slowest to recover. The same challenges that plague the logistics industry nationwide – container shortages, lack of rail capacity and truck driver shortages – continue to hurt the Midwest too. However, the landscape is about to change.
- Omni-Channel Fulfillment Growth Drivers: E-Commerce, Customer Demand, and the Cloud: These market studies include a deep analysis of the transportation management system, warehouse management system, supply chain visibility, supply chain collaboration, managed transportation services, warehouse automation and global trade management markets.
- Signs of Manufacturing Recovery Emerge: The U.S. manufacturing sector could be on the mend after struggling for the past year with a strong dollar, weak global demand and plunging commodity prices. New orders for durable goods – manufactured products designed to last at least three years – rose in January following their worst annual performance since the recession.
What regional transportation trends do you have your eye on this week?