BlogSimpliship Updates for Shippers, NVOCCs, and Freight Forwarders

 

Supply Chain Digitization: What's Coming in the Industry

Supply chain management professionals are being asked to do more than ever before: more accuracy, more speed, more customization, and all for less money. To respond to these demands, supply chain digitization has emerged as a main method by which supply chains can be optimized.

Automation technology must be integrated throughout the supply chain to prevent hiccups and slow-down moments. For instance, when Amazon can keep the customer updated on delivery information as it happens, there has to be an integrated system that automatically sends updates or changes the tracking status of a shipment every time it passes a new checkpoint. If they were working with dated technology or multiple non-integrated tools, millions of shipments would be affected and they would not have the reputation for accuracy that has made them industry leaders.

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The Potential Of Tesla's Semi Truck

In late November, Tesla CEO Elon Musk revealed plans for his new all-electric truck, the aptly named Semi, slated to hit markets in 2019. Though smaller, short-range electric delivery trucks have been in operation for some time, this is one of the first big endeavors into battery-operated long-haul trucking. Anheuser-Busch, Pepsi, and Sysco are among the companies to preorder Semis to date.

Tesla aims to attract customers based on its claims of estimated long-term fuel savings as compared to diesel-powered trucks. The truck has self-driving capabilities and maintains a range of 500 miles on one 30 minute charge. The Semi's sleek, modern exterior is coupled with a unique interior design, with a center-mounted driver's seat and screens framing the steering wheel, facilitating navigation and visibility. Appealing to more than just revolutionary technology, Tesla's Semi boasts maximum safety and comfort.

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FMC Licensing and Its Role in International Shipping

The Federal Maritime Commission (FMC) regulates the U.S. international ocean shipping system. They audit contracts among international ocean carriers serving the United States for unfair practices or any arrangements that would adversely affect the cost of shipping. By instituting tariffs, the FMC helps to regulate shipping costs, so Non-Vessel-Operating Common Carriers (NVOCC) set prices fairly. The FMC intercedes when foreign governments or private businesses create undesirable conditions on U.S. shipping trades. They provide a place where they resolve shipping disputes by investigating and making rulings on legitimate complaints.

Freight forwarders and NVOCC's should obtain a FMC license.

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How Will Blockchain Impact the Future of Logistics Technology?

Recently, there has been a lot of speculation around the future affect of Blockchain technology on the logistics industry

What is Blockchain?

Blockchain is a new, ingenious technology that is a digital leader that helps make transactions in Bitcoin or another type of cryptocurrency. Blockchain helps record the results of those transactions both publicly and privately. Blockchain is the technology behind bitcoin that helps it run more smoothly.

Wall Street, for one, is in favor of simplifying how the blockchain technology professes transactions to make it run more smoothly. Ideally, one day, many people see bitchain running the process of making virtually all online transactions for businesses.

What Would Be the Positive Effects of Blockchain for Logistics Companies?

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