Pfizer Midwest Deploy’s Five TMS AI As Their Transportation Management System
We are pleased to announce that the Pfizer corporation's midwestern division has joined our team and will utilize Five TMS AI as their transportation management system. Pfizer's primary objective is to implement Five TMS AI in order to live gps track and trace their...
How To Select The Right TMS Provider?
Choosing a TMS provider shouldn't be difficult. When searching for a TMS, there are a number of items that you should consider. Keep in mind that there are numerous TMS softwares on the market, and many of them are carbon copies of one another. Being selective and...
Why Five TMS AI Is Disrupting The Market And More Manufacturers Are Switching To Five TMS AI
The Deployment of Artificial Intelligence-Based Advanced Transportation Management. Meet Five TMS AI the reason big box TMS corporations are becoming to notice a small company with a big bite. With over 36 manufacturers using Five TMS AI prior to market launch, the...
Lane Data To The Science
ARTIFICIAL INTELLIGENCE IN MARKET RATES ANALYSISWhen it comes to market trendlines, it can be challenging to grasp the market as a whole, especially if you are oblivious of the current market rates. The fluctuation of these numbers must be understood initially. If you...
Five TMS AI New Website Revamp & Recent Updates
It is here! The latest Five TMS AI update If you are reading this article, you are on our newly updated website, which features a larger host engine and a new web portal for contracts, agreements, and carrier profiles. The Five TMS AI actual software will continue to...
Freightwaves: New AI software designed to help shippers improve transportation operations
Exploring The Unexplored
Management of transportation services is all about efficiency and availability. The transportation and logistics industry has never been more costly or sophisticated than it is right now. Even though there are new products and corporations entering the market every...
Five TMS AI Freight Sourcing and Visibility
Five TMS AI Newsletter Five TMS AI advanced procurement platform enables shippers to source more rates from carriers, which provides shippers with greater coverage and, as a result, more competitive rates. Making the spot market competitive is a beneficial...
Why Are Shippers Switching From Prehistoric TMS Providers To Five TMS AI?
Five TMS AI Newsletter *CREDITS FROM IMEART AMERICA When it comes to leading TMS, the first word that may come to mind is antiquated; however, you are not alone. With so much competition in the TMS industry, many TMS companies continue to prioritize the...
How To Prevent Detention
Five TMS AI Newsletter Did someone say detention time? To avoid paying a cost that can be avoided, it is necessary to first comprehend why detention exists. Detention occurs when a carrier arrives at their scheduled pick-up or delivery time, but the...
UPS to open sorting facility at Tampa International Airport
The facility will roughly double the space UPS currently uses at the airport, a TPA spokesperson told Supply Chain Dive.
Construction will span across 18 acres on the east side of the airport, and the project includes an aircraft parking ramp and an expanded taxilane to be shared with neighboring FedEx, according to the release. UPS’ complex will also feature truck courts, trailer parking and an employee parking lot.
-Courtesy of Supply Chain Dive
How Chief Operating Officers are Achieving Results with Supply Chain Software
As a former Chief Operating Officer (COO), overseeing Kaizen events, value-stream mapping analysis, upgrading ERP systems, and implementing customer success programs, I recall how easy it was for functional leaders to get bogged down in their own imperatives and lose sight of the big picture.
Individual silo objectives can inadvertently be at cross purposes with others – most commonly between sales and operations. To meet a revenue goal, sales teams may commit to deals that the operations team is unaware of or hasn’t bought into.
Policies might be flexed to drive more short-term volume, making the rest of the company strain on meeting the increased demand. These knee-jerk reactions then ripple throughout the supply base causing consternation.
-Courtesy of Supply Chain 24/7
As oil market braces for higher prices, diesel benchmark drops again
With the benchmark price used for most fuel surcharges dropping for a ninth consecutive week, diesel buyers might want to savor the decline while they can. With the shocking news that hit oil markets over the weekend, the future course is likely to be higher.
The Department of Energy/Energy Information Administration average weekly retail diesel price effective Monday was $4.105 a gallon, a decline of 2.3 cents. The price is now down $1.236 a gallon since its most recent high of $5.341 a gallon on Oct. 24. Prices have declined in 19 of the 23 weeks after that.
The DOE/EIA price also is down $1.705 a gallon from its all-time high of $5.81 on June 20.
But on the same day the decline was posted, futures prices across the oil complex soared on the unexpected news over the weekend that the OPEC+ group, which includes OPEC and a group of non-OPEC oil exporters led by Russia, had agreed to cut output by 1 million barrels a day. The reductions are to go into effect in May and last through the year.
-Courtesy of Freight Waves
Nato’s border with Russia doubles as Finland joins
The Finnish foreign minister handed the accession document to the US secretary of state who declared Finland a member.
Then in bright sunshine in front of Nato’s gleaming new headquarters, Finland’s white-and-blue flag joined a circle of 30 other flags.
Finland’s accession is a setback for Russia’s Vladimir Putin.
He had repeatedly complained of Nato’s expansion before his full-scale invasion of Ukraine.
US Secretary of State Antony Blinken said by attacking his neighbour, the Russian leader had triggered exactly what he had sought to prevent.
Kremlin spokesman Dmitry Peskov warned that Russia would be “watching closely” what happens in Finland, describing Nato’s enlargement as a “violation of our security and our national interests”.
-Courtesy of BBC News
