Logistics sector embraces the Google Cloud and AI-machinery
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Good morning, it’s Sunday Funday!
The logistics industry, from trucking to warehousing, is learning to embrace AI and machine learning in a whole new way. Google Cloud software is being implemented by some of the sector’s largest companies, signaling a trend among competitors.
Check out today’s featured article from DC Velocity to read about the logistics venture into the new age of digital intelligence. ☕️
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Featured Article:
Google Cloud sees rising profile in logistics applications | DC Velocity
“An increasing number of logistics sector heavyweights are deploying their supply chain technology products on Google Cloud, which is one of the three largest cloud computing hosts alongside Microsoft Azure and Amazon Web Services (AWS).’
Water Cooler Topics
💲 The supply chain and economics have always been tightly intertwined. With inflation at 40-year highs, it’s easy to believe that the supply chain is a new victim of the times. Prior to March 2020, supply chain logistics were not exactly part of a dinnertime topic among the general public. However, the pandemic brought supply chain issues squarely to the forefront of most Americans’ minds.
🤖 Hyperautomation is new technology speeding onto the supply chain scene. A business-driven approach to quickly vet any IT processed in the supply chain ensures a rapid flow of information to all segments of the supply chain that need it. Warehousing is particularly diving deep into hyperautomation, hoping to improve transport processes.
🚢 The Port of Long Beach had its strongest month in May, processing 890,989 twenty-foot equivalent units last month. While this is still a 1.8% decline from the month of May 2021, it is the second-busiest month in the port’s 111-year history. The port has been dangling a “Container Dwell Fee” over the heads of trucking carriers working at the ports, withholding implementing the fee as cargo continues to flux.
South Carolina Ports handle record volume in stride
South Carolina ports handled an increase of 11% from last year, managing 255,104 twenty-foot equivalent units (TEUs) at Wando Welch Terminal, North Charleston Terminal, and Leatherman Terminals last month.
The region's ports have handled a 15% increase in year-over-year TEUs in 2022’s fiscal year thus far.
Adopting a TMS will save you loads of time and lots of money
A transportation management system (TMS) serves as a key partner in your systems - showing you the exact locations and specs of all of your equipment. This type of easily-available information typically simplifies manual tasks and clears human error, saving company costs and time required to allocate and arrange challenging freight.
Digitally connected transportation can save a company 65% of costs associated with an integrated system.
Quote of the Day:
“Some people dream of success, while other people get up every morning and make it happen.”
— Wayne Huizenga, prolific American business person, owner of Blockbuster Video and the Miami Dolphins
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