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Transportation
Doubling Down on Inland Waterways: Gigantic Barges Are Anchoring America’s Supply Chain Resilience
To alleviate the pressure on an increasingly burdened supply chain, could gigantic barges on inland waterways offer a way forward? Amidst the backdrop of a rapidly transforming logistics landscape, the U.S. is harnessing the enhanced capabilities of inland waterway gigantic barges to fortify its supply chain. As logistical norms pivot in response to environmental…
Professional AV
Vistacom Tech Expo 2023: Exploring Visionary Solutions’ Latest AV Over IP Offerings
The Vistacom Tech Expo 2023, commemorating its 15th anniversary, once again congregates pioneers in the Audio-Visual (AV) domain, creating a stage for showcasing avant-garde solutions. Through various Vistacom booth interviews, attendees venture into the cusp of AV technology, discovering the fresh innovations set to revolutionize digital communication and content-sharing landscapes. In this spotlight interview,…
Retail
To Balance Customer Satisfaction And Reduce Try-And-Return Purchases, Retailers Need to Sell Consistent Sizing and Analyse Return Data
In a significant policy reversal, fashion retailer H&M recently backtracked on instituting a small return fee on its UK customers who seek to return online purchases in-store. However, this fee still applies for items returned to the warehouse — a move that aligns with industry practices. Many retailers, including Zara and Boohoo, have instituted…
Transportation
Port Everglades steps up its game in the international supply chain
This article originally appeared on Cargomatic.com. Florida’s Port Everglades is fast becoming a center of North American intermodal traffic, and a possible link in new ways of bypassing busy U.S. West Coast gateways. The port averages one million 20-foot equivalent units (TEU) a year, boasts direct access to the interstate highway system and has rail…
Transportation
U.S. imports up in September as West Coast sees return of diverted cargo
This article originally appeared on Cargomatic.com. U.S. containerized imports are projected to have risen month over month from August to September but the outlook for the remainder of the year seems somewhat subdued, according to industry analysts. A close analysis of recent port throughput figures meanwhile suggests that the diversion of cargos from the U.S….
Transportation
Port of Virginia looks east of Suez to grow its market share
This article originally appeared on Cargomatic.com. Stephen Edwards, CEO and Executive Director of the Virginia Port Authority (VPA), is of the firm belief that new trade lanes are opening through the Suez Canal for his facility. Edwards’ remarks came in a conversation with Cargomatic Chief Spokesperson and SVP of Industry Relations Weston LaBar during the recent International Trade…
Transportation
California ports ‘underappreciated and undervalued’ maritime leader says
This article originally appeared on Cargomatic.com. California’s ports are operating at something of a disadvantage when it comes to governance by political leaders, particularly regarding current environmental legislation. That’s the view of John McLaurin, outgoing president of the Pacific Merchant Shipping Association, in an address presented before the Propeller Club of Los Angeles-Long Beach this morning….
Retail
Lower Price Points May Not Be Sustainable for Shein and Forever 21’s Partnership
Over the summer, fast fashion retail giants, Shein and Forever 21, announced a collaborative effort in a move to widen their customer bases. Shein will see its products sold out of the retail company’s hundreds of locations, and in turn Forever 21 gets hold of the online retail giant’s massive global reach and supply…
Transportation
America’s Railways Get Needed Funding. To Compete Globally, Passenger Rail Needs More Attention, Too.
As $1.4 billion in government funding makes its way through America’s Railways, is there enough thought towards the future of passenger rail? The Biden-Harris Administration has earmarked a historic $1.4 billion from the Bipartisan Infrastructure Law, channeled through the Federal Railroad Administration (FRA) of the U.S. Department of Transportation (USDOT), for 70 rail projects…
Energy
Operational Excellence: The Technetics Commitment to Quality and Service
Technetics sets the gold standard in business continuity, operational excellence, and groundbreaking innovation, making it the go-to partner for unparalleled product quality and exceptional customer service across diverse industries. Technetics unveils its core values and operational priorities that make it a leader in multiple sectors such as aerospace, energy and life sciences. One of the…
Retail
Easy Returns Help Retain Customers. Instead of Charging Return Fees, Retailers Should Focus on Optimizing Reverse Logistics.
In 2022, returns cost the retail industry a whopping $816 billion in lost sales across the United States. This data, released by the National Retail Federation, highlighted the importance of optimizing reverse logistics — especially for fast fashion clothing retailers. Recently, H&M announced a return fee for its UK customers — and then…
Retail
Can Businesses Prevent Retail Theft Without Hurting Their Customer Experience? Here’s What’s Working.
Last year, retail theft caused businesses to lose a staggering $112.1 billion. Released by the National Retail Federation, these findings indicate a 19.4% increase compared to the previous year. From brands like H&M announcing enhanced anti-shoplifting measures to Target closing nine stores, retail theft is having serious repercussions on retailers and shoppers. Is there…
Food & Beverage
The FDA is Updating its Food Traceability Rules. AI Food Tracking Technology Can Help Companies Prepare.
Thanks to new regulations in Europe and the United States, a spotlight on food traceability is intensifying. Food traceability systems track food products throughout the supply chain, which reduces waste and helps authorities respond swiftly to safety incidents. How should companies invest in food tracing technology to build consumer trust? The new regulations out…
Optym
Bart De Muynck on Navigating the Supply Chain
How is AI transforming the logistics industry, and what are the key trends shaping its future? Join Chris Torrence, Chief Strategy Officer at Optym, as he welcomes Bart De Muynck, a strategic advisor in logistics and technology. The dynamic conversation between the two industry veterans touches on various macro-level trends in the supply chain,…
Retail
With Return Policies, Retailers Must Strike a Balance Between Customer Satisfaction and Operational Efficiency
Retail return policies were liberal during the pandemic, but those expensive returns come with a price tag to the bottom line. Can retailers find a happy medium? Fashion retailer H&M recently navigated a policy hiccup, where it initially set a £1.99 fee for shoppers wishing to return online purchases, a charge applicable in-store and…
Industrial IoT
As Congress Seeks Feedback on IoT Adoption, IoT Experts Should Seek Opportunities for Cross-Discipline Collaboration
In August 2023, the National Institute of Standards of Technology (NIST) put out a request for comments on the Preliminary Update from the Internet of Things Federal Working Group (IoTFWG), which aims to provide the nation direction on how to improve IoT adoption and expand its use cases for the future of industrial, corporate,…
Retail
Returns Cost Retailers Billions. Making Them Even Easier for Customers Will Turn Returns into Revenue.
Recently, fashion retailer H&M began charging its UK customers a small fee for returning online purchases in-store — and then hurriedly backtracked on this strategy. Meanwhile, the National Retail Federation found that returns resulted in $816 billion in lost sales for retailers in the United States last year. It should be no surprise, then,…
Articles
FlowCast: Aftermarket Services Help Businesses Grow And Keep Customers Satisfied
In today’s rapidly evolving technological landscape, aftermarket services have become a pivotal aspect of customer satisfaction and business growth. As industries continue to innovate, the demand for efficient, reliable, and high-quality services has surged. A recent study indicates that these services are a significant revenue stream and a key differentiator in the market for businesses….
Professional AV
The SOC Landscape is Seeing a Gradual Change as Professionals Pivot from GSOC to CSOC
Professionals from the GSOC environment are moving over to the CSOC landscape, and this is a very noticeable change and sign of the SOC industry’s evolution. The transition unveils an unprecedented layer of similarities and experiences, clarified by the willingness to be the learner in the room. As the world moves toward navigating…
Retail
AI Technology is Revolutionizing Retail By Increasing Inventory Visibility
AI technology is reinventing traditional retail landscapes all over the world, and the need for innovation in inventory management is pivotal. Retailers are at a crossroads, facing the imperative need to synchronize online and offline inventories and enhance the customer shopping experience. However, a key player, Spacee, is driving this transformation by leveraging…