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LaneAxis Champions Eco-Friendly Practices

Supply chain leaders are increasingly aware of the importance of sustainability performance. With over 90% of an organisation's greenhouse gas emissions and 50% to 70% of operating expenses linked to supply chains, concentrating on supply chains is crucial to overall environmental, social, and governance (ESG).

Supply Chains Harmful Effects on the Environment

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Supply chains contribute to high levels of carbon emissions and the depletion of natural resources. The carbon emissions from these supply chains can be attributed to factors such as long transportation distances, inefficient use of energy, and reliance on fossil fuels.

This leads to increased greenhouse gas emissions and contributes to climate change. Specific examples of environmental costs associated with these unsustainable practices include air and water pollution, habitat destruction, soil erosion, and biodiversity loss.

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LaneAxis Provides a Supplier Diverse Network

Supplier diversity also plays a crucial role in responsible supply chains. By diversifying their supplier base, companies can promote inclusivity and support underrepresented communities.

Supplier diversity initiatives help to create economic opportunities for minority-owned, women-owned, and small businesses. This fosters a more equitable business environment and enhances innovation and competitiveness.

Reducing Empty Miles

Full truckload freight is responsible for 252 million metric tons of carbon emissions every year, and 87 million tons of that is attributed to empty miles. Carriers bear the brunt of the hardship that empty miles create, but the issue burdens the industry across the board. Because carriers consider fuel costs, capacity demands and expected waste, all those involved in the supply chain feel the financial and environmental impact of empty miles.

In addition to negative climate impacts, heavy-duty trucks are a primary source of dangerous tailpipe pollution that contributes to a variety of serious public health issues, including increased asthma rates, heart and lung disease, and certain types of cancer.

Ethical and Sustainable Standards
BreadCrumb Trail on all Shipments

Companies can start by conducting thorough due diligence on their suppliers to implement responsible practices, ensuring they meet ethical and sustainability standards. This includes assessing suppliers' labour practices, environmental performance, and adherence to human rights regulations. Companies can create a more sustainable and responsible supply chain by engaging with suppliers who share these values.

Optimize Shipment Capacity

One strategy for reducing environmental costs is optimising shipment capacity. By maximising the utilisation of transportation vehicles, companies can reduce the number of trips needed to transport goods, resulting in lower fuel consumption and greenhouse gas emissions. This can be achieved through better planning and coordination of shipments, ensuring that vehicles are fully loaded and minimising empty trucks.

Risk Assessment

“Risk Assessment” is a process shippers use to make decisions for carriers in their network. Similar to credit score which you need to verify for accuracy, Risk Assessment is equally important to verify because it directly affects your freight access. Verify your score and be visible in the network.

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