From the Ecosystem

Digitization makes Just in Time work for automotive logistics

The automotive supply chain has changed rapidly over the past few years and its digital transformation has only accelerated as economic pressures from outside the industry spur modernization. Platforms and joint ventures are changing production models. We talked with two of our experts about new and persistent challenges faced in the automotive vertical. We also discussed the evolution of parts procurement and streamlined inventories — the new normal of Just in Time (JIT) and digital logistics platforms which are helping meet these challenges head on.

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When should firms use intermodal transportation — and why?

While intermodal transportation is a vast category that can include many methods of shipment, rail and trucking are the means most commonly associated within the industry. Assessing the benefits of intermodal transportation for any one business will depend on metrics collected by the industry. TradeLens provides secure and consistent access to unprecedented levels of event data including first and last mile, published directly from its source.

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What are the differences between 3PL and 4PL?

In recent years, there has been a consolidated effort to nail down precise definitions of Third-Party Logistics (3PL) and Fourth-Party Logistics (4PL). Given this history, many in the shipping industry, to say nothing of their clients across the global supply chain, have sometimes struggled to differentiate between 3PL vs 4PL logistics. Here’s what you need to know to better understand the differences and determine which one is right for you.

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Asian ecosystem grows and businesses benefit

Ecosystems emerge as a result of digitization when businesses seize the opportunity to create and deliver new customer solutions. Unlike traditional product businesses, which focus on costs, revenues and profits, platforms focus on interactions: exchanges of value between producers and consumers on the platform.

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New members set stage for next wave of TradeLens growth

The addition of leading carriers will bolster what is already an extensive and diverse ecosystem of supply chain partners using TradeLens today. On this occasion, we thought it would be a great time to highlight a number of new and recent additions.

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