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RFID is synonymous with track-and-trace solutions, and has a critical role to play in supply chains. RFID is a code-carrying technology, and can be used in place of a barcode to enable non-line of sight-reading. Deployment of RFID was earlier inhibited by cost limitations but the usage is now increasing.
Tracking packages with stationary bar code reader in a warehouse sorting operation. Package tracking or package logging is the process of localizing shipping containers, mail and parcel post at different points of time during sorting, warehousing, and package delivery to verify their provenance and to predict and aid delivery.
In 2013, it created ABF Logistics. [5] In 2014, Arkansas Best was renamed ArcBest Corporation. [10] This was followed in 2015 by the acquisition of Smart Lines Transportation Group and Bear Transportation Services and in 2016 by the acquisition of Logistics & Distribution Services.
The Logistics Performance Index (LPI) [1] is a analysis tool created by the World Bank. [2] It is the combination of the weighted average of the country scores on six key dimensions: customs performance, infrastructure quality, ease of arranging shipments, logistics services quality, consignments tracking and tracing and timeliness of shipments as well as practical data measuring logistics ...
In 2021 LaserShip acquired west coast delivery service OnTrac Logistics, Inc. for $1.3 billion, equivalent to $1.46 billion in 2023. [6] The two entities merged their delivery networks to form a transcontinental delivery network and rebranded their combined services to OnTrac.
In December 2021, the company acquired the logistics operations in China of rival BEST Inc. for about 6.8 billion yuan (US$ 1.1 billion). [10] In early 2022, J&T expanded into Saudi Arabia and the UAE, [11] then Latin America, with a new facility in Mexico. [12]