In our continuing series of discussions with top supply-chain company executives, Paul Jensen, senior vice president supply chain solutions for Ruan, discusses the logistics industry, labor issues, and the post-pandemic market.
David Maloney has been a journalist for more than 35 years and is currently the group editorial director for DC Velocity and Supply Chain Quarterly magazines. In this role, he is responsible for the editorial content of both brands of Agile Business Media. Dave joined DC Velocity in April of 2004. Prior to that, he was a senior editor for Modern Materials Handling magazine. Dave also has extensive experience as a broadcast journalist. Before writing for supply chain publications, he was a journalist, television producer and director in Pittsburgh. Dave combines a background of reporting on logistics with his video production experience to bring new opportunities to DC Velocity readers, including web videos highlighting top distribution and logistics facilities, webcasts and other cross-media projects. He continues to live and work in the Pittsburgh area.
Paul Jensen leads the Supply Chain Solutions Division for Ruan, a multifaceted supply chain company that provides dedicated contract transportation, managed transportation, value-added warehousing, and brokerage support services. Jensen joined the Des Moines, Iowa-based company in 2016 as vice president of logistics. Prior to that, he worked in logistics management positions for DuPont Pioneer and the Jacobson Companies. Jensen additionally served in the U.S. Navy as a submarine officer and nuclear engineer, retiring from the Navy Reserves in 2010 with the rank of commander. He is a graduate of Iowa State University with a Bachelor of Science degree in physics.
Q: How do you view the current state of the logistics market?
A: The overall logistics market is capacity-constrained in almost every area of the supply chain. Challenges with equipment and technology availability, labor tightness, facility availability, driver capacity, and container capacity are all creating bottlenecks in the nation’s supply chain. Each of these factors is creating cost pressures and delays in sourcing, manufacturing, and distribution.
Q: What are customers’ greatest needs as we emerge from the pandemic?
A: The capacity constraints throughout supply chains have shown the value of strategic planning, end-to-end visibility, and innovation. Our customers need the ability to quickly adapt to the changing supply chain landscape. Ruan can provide dynamic optimization based on the availability of material, capacity, or any other constrained resource in the supply chain to help our customers beat their competition to market. Delivering visibility to material flows—from raw materials to finished goods—enables proactive planning.
Q: What are the advantages of being a company that offers both transportation and warehousing services to its clients?
A: Understanding what it takes to run a world-class warehouse makes Ruan a better transportation provider. Understanding what it takes to run a world-class transportation operation makes Ruan a better warehouse operator. In addition, when Ruan operates a customer’s warehouse and transportation network, we utilize our visibility tools to be more responsive to impending disruptions and to mitigate their impacts.
An integrated warehouse and transportation solution also eliminates process hand-offs between third parties or between our operations and the customer’s operations because we control the end-to-end processes, resulting in a smoothing effect to their supply chains. End-to-end management of a customer’s distribution also results in a lower overall cost of operation.
Q: Are there any initiatives that Ruan is undertaking to better serve its clients?
A: Ruan has undertaken an organization-wide freight visibility initiative that integrates data from the various operations’ platforms to create a single point of visibility for our customers. We provide real-time ETAs based on shipment tracking and positioning at the shipment, stop, order, line, or part-number level. Visibility can be auto-triggered based on event management criteria or displayed on demand using a secure URL.
Q: Labor seems to be an issue with everyone in the industry. What do you do to attract and retain good people?
A: Labor is a challenge throughout our economy as we begin to emerge from the pandemic. Ruan is driven by our “People First” Guiding Principle and our strong desire to be a great place to work, beginning with the solution design process. Ensuring that we meet customer objectives while creating attractive positions for our truck-driving team members and warehouse associates drives satisfaction and long-term success for all parties.
Q: Are there particular technologies that Ruan is looking at to enhance operations?
A: Ruan has a team of information technology professionals that support our robotic process automation (RPA) platform. Using state-of-the-art technology, our team develops bots that perform routine data entry, manipulation, management, and auditing so that our team members can focus on the exceptions and add value. RPA technology also touches the day-to-day operations in back-office functions like payroll and invoicing. Operationally, our customers benefit from enhanced speed of information delivery and improvements in the quality and consistency of data used to optimize and manage the business.
Q: What do you think Ruan brings as a company that differentiates it from its competitors?
A: One of Ruan’s biggest differentiators is our skill at fully executing an end-to-end solution, integrating each aspect of the logistics network that supports our customers’ supply chains. Our ability to “think like a shipper”—whether operating a warehouse, managing a dedicated fleet, or executing a customer’s transportation network—positions us to create significant value within our customers’ operations.
Cowan is a dedicated contract carrier that also provides brokerage, drayage, and warehousing services. The company operates approximately 1,800 trucks and 7,500 trailers across more than 40 locations throughout the Eastern and Mid-Atlantic regions, serving the retail and consumer goods, food and beverage products, industrials, and building materials sectors.
After the deal, Schneider will operate over 8,400 tractors in its dedicated arm – approximately 70% of its total Truckload fleet – cementing its place as one of the largest dedicated providers in the transportation industry, Green Bay, Wisconsin-based Schneider said.
The latest move follows earlier acquisitions by Schneider of the dedicated contract carriers Midwest Logistics Systems and M&M Transport Services LLC in 2023.
The new funding brings Amazon's total investment in Anthropic to $8 billion, while maintaining the e-commerce giant’s position as a minority investor, according to Anthropic. The partnership was launched in 2023, when Amazon invested its first $4 billion round in the firm.
Anthropic’s “Claude” family of AI assistant models is available on AWS’s Amazon Bedrock, which is a cloud-based managed service that lets companies build specialized generative AI applications by choosing from an array of foundation models (FMs) developed by AI providers like AI21 Labs, Anthropic, Cohere, Meta, Mistral AI, Stability AI, and Amazon itself.
According to Amazon, tens of thousands of customers, from startups to enterprises and government institutions, are currently running their generative AI workloads using Anthropic’s models in the AWS cloud. Those GenAI tools are powering tasks such as customer service chatbots, coding assistants, translation applications, drug discovery, engineering design, and complex business processes.
"The response from AWS customers who are developing generative AI applications powered by Anthropic in Amazon Bedrock has been remarkable," Matt Garman, AWS CEO, said in a release. "By continuing to deploy Anthropic models in Amazon Bedrock and collaborating with Anthropic on the development of our custom Trainium chips, we’ll keep pushing the boundaries of what customers can achieve with generative AI technologies. We’ve been impressed by Anthropic’s pace of innovation and commitment to responsible development of generative AI, and look forward to deepening our collaboration."
The Dutch ship building company Concordia Damen has worked with four partner firms to build two specialized vessels that will serve the offshore wind industry by transporting large, and ever growing, wind turbine components, the company said today.
The first ship, Rotra Horizon, launched yesterday at Jiangsu Zhenjiang Shipyard, and its sister ship, Rotra Futura, is expected to be delivered to client Amasus in 2025. The project involved a five-way collaboration between Concordia Damen and Amasus, deugro Danmark, Siemens Gamesa, and DEKC Maritime.
The design of the 550-foot Rotra Futura and Rotra Horizon builds on the previous vessels Rotra Mare and Rotra Vente, which were also developed by Concordia Damen, and have been operating since 2016. However, the new vessels are equipped for the latest generation of wind turbine components, which are becoming larger and heavier. They can handle that increased load with a Roll-On/Roll-Off (RO/RO) design, specialized ramps, and three Liebherr cranes, allowing turbine blades to be stowed in three tiers, providing greater flexibility in loading methods and cargo configurations.
“For the Rotra Futura and Rotra Horizon, we, along with our partners, have focused extensively on energy savings and an environmentally friendly design,” Concordia Damen Managing Director Chris Kornet said in a release. “The aerodynamic and hydro-optimized hull design, combined with a special low-resistance coating, contributes to lower fuel consumption. Furthermore, the vessels are equipped with an advanced Wärtsilä main engine, which consumes 15 percent less fuel and has a smaller CO₂ emission footprint than current standards.”
A growing number of organizations are identifying ways to use GenAI to streamline their operations and accelerate innovation, using that new automation and efficiency to cut costs, carry out tasks faster and more accurately, and foster the creation of new products and services for additional revenue streams. That was the conclusion from ISG’s “2024 ISG Provider Lens global Generative AI Services” report.
The most rapid development of enterprise GenAI projects today is happening on text-based applications, primarily due to relatively simple interfaces, rapid ROI, and broad usefulness. Companies have been especially aggressive in implementing chatbots powered by large language models (LLMs), which can provide personalized assistance, customer support, and automated communication on a massive scale, ISG said.
However, most organizations have yet to tap GenAI’s potential for applications based on images, audio, video and data, the report says. Multimodal GenAI is still evolving toward mainstream adoption, but use cases are rapidly emerging, and with ongoing advances in neural networks and deep learning, they are expected to become highly integrated and sophisticated soon.
Future GenAI projects will also be more customized, as the sector sees a major shift from fine-tuning of LLMs to smaller models that serve specific industries, such as healthcare, finance, and manufacturing, ISG says. Enterprises and service providers increasingly recognize that customized, domain-specific AI models offer significant advantages in terms of cost, scalability, and performance. Customized GenAI can also deliver on demands like the need for privacy and security, specialization of tasks, and integration of AI into existing operations.
The Port of Oakland has been awarded $50 million from the U.S. Department of Transportation’s Maritime Administration (MARAD) to modernize wharves and terminal infrastructure at its Outer Harbor facility, the port said today.
Those upgrades would enable the Outer Harbor to accommodate Ultra Large Container Vessels (ULCVs), which are now a regular part of the shipping fleet calling on West Coast ports. Each of these ships has a handling capacity of up to 24,000 TEUs (20-foot containers) but are currently restricted at portions of Oakland’s Outer Harbor by aging wharves which were originally designed for smaller ships.
According to the port, those changes will let it handle newer, larger vessels, which are more efficient, cost effective, and environmentally cleaner to operate than older ships. Specific investments for the project will include: wharf strengthening, structural repairs, replacing container crane rails, adding support piles, strengthening support beams, and replacing electrical bus bar system to accommodate larger ship-to-shore cranes.