stephendayhouston

Supercars vs Hypercars

Stephen Day is the president and CEO of Logistics Group International (LGI) in Houston, Texas. Outside of his responsibilities at LGI, Stephen Patrick Day enjoys drag racing and fast cars. Fast cars have different levels of performance, which are classified according to simple terms. The two main classes are Super Cars & Hyper Cars.

When you hear the term Supercar, you know that the vehicle is special, a rarity, perhaps an exotic model; when you hear the term Hypercar, you know that the vehicle is one of the top performers on the planet. The big Supercar/Hypercar differences are design, performance, and rarity — a Supercar is a world-class vehicle, but a Hypercar pushes the boundaries of the possible while generally being produced in more limited quantities.

Supercars typically range in price from $100,000 to $750,000 where as Hypercars usually start at $1 million and go as high as $5 million.

How AI Can Change the Face of Logistics

Stephen Day, the CEO and president of Logistics Group International (LGI), has been working in the transportation and logistics sector for more than two decades. The previous partner at RLS International Transport, Stephen Patrick Day offers numerous transport and logistics services through LGI in Houston, Texas.

As with any industry, the supply chain and logistics sector is heavily impacted by continuing technological advancements, one of which is artificial intelligence (AI). AI solutions have been steadily implemented by many logistics companies over the past few years and are capable of generating anywhere from $1.3 trillion to $2 trillion a year by saving companies money and automating time-consuming actions. In fact, as trends toward AI adoption continue through 2020, the technology is expected to benefit many involved in the logistics sector, such as shippers and carriers, along with consumers.

In the logistics field, AI can be utilized to automate many warehouse operations, such as inventory processes and data collection. This improves the accuracy of demand predictions and helps with advanced logistics planning. The sector can also benefit from the increasing prevalence of autonomous vehicles, smart roads with solar-powered LED lights, and back-office assistance all made possible via AI technology.

How Logistics Companies Can Streamline Operations to Boost Efficiency

An accomplished Houston, Texas logistics expert, Stephen Day guides Logistics Group International (LGI), a third-party logistics company, in facilitating cargo movement across the United States, Mexico, and Canada. As president and CEO of LGI, Stephen Day has worked extensively on ensuring that the company adopts the best logistics practices to maximize efficiency.

The logistics industry has undergone major changes to adapt to the modern business landscape. With the demand for logistics and transportation rising across the globe, companies are seeking best practices to increase efficiency and shorten supply chain cycles as well as source for affordable materials thus reducing business costs. Rapidly changing logistics requirements call for the establishment of an efficient logistics management system to closely monitor the execution of processes within the estimated budgets and time limits.

To achieve this, companies should determine the optimum logistics management model which should specify which aspects of logistics and supply chain a firm can perform in-house and what should be outsourced. Doing this enables businesses to evaluate various models and choose the most appropriate model that can be easily implemented into business operations.

In addition, companies should establish strategic relations with logistics service providers (LSPs). LSP friendly programs are being formulated to help raise the standards of collaboration on issues such as rate negotiation, bidding processes, customs clearance processes, and develop packaging protocols to facilitate easier handling.

A Look at Rimac’s New C-Two Electric Supercar

An accomplished logistics and transportation professional, Stephen Patrick Day has served as CEO of Logistics Group International (LGI) since 2002. LGI is a Houston, Texas-based logistics company that specializes in managing heavy haul transportation, particularly with the oil and gas, manufacturing, power generation, and petrochemical industries. Outside of his professional pursuits, Stephen Day enjoys auto racing and boating, particularly fast cars and boats, like offshore powerboats and super or hypercars.

A newer company on the hypercar scene is Rimac, a Croatian car manufacturer that has been around since 2009. The company’s first vehicle, known as the Concept One, is known for being the fastest production electric vehicle on the market. Next from Rimac is the latest creation known as the C-Two.

Rimac’s C-Two has a claimed 1,914 horsepower and around 1696 lb-ft of torque. Though most electric vehicles have issues with a drop-off in acceleration at high speeds, the Rimac C-Two can go from 0-60 mph in just 1.85 seconds and reach a top speed of around 258 mph.

The battery for the C-Two also has a capacity of 120kWh, and it can be recharged on a fast charger to 80% of the battery capacity in under 30 minutes. A range of 402 miles is also claimed by the company, while liquid cooling allows the battery to stay at an optimum temperature, even when accelerating. Perhaps because other electric vehicle makers like Tesla are incorporating autonomous features, the C-Two also has an AI-enabled driving system installed, which can assess current road and weather conditions and change its responses accordingly.

LGI’s Logistical Planning Process

Houston, Texas-based heavy freight services provider, Logistics Group International (LGI) is led by Stephen Patrick Day, a certified transportation broker. Stephen Day is the president and CEO of LGI which is one of the premier transportation providers for the oil and gas and mining industries in the United States.

Logistics Group International makes it a priority to execute flawless planning for their clients to ensure the safe and timely transport of equipment. The first step is to survey the site and decide on what lifting and hauling equipment will be necessary for the project. The experts at LGI work with their contracted service providers to map out the best possible route for the equipment and what permits are necessary to safely transport.

With access to a network of over 20,000 carriers, LGI sources the best possible equipment for the job and secures support services such as escorts and pole trucks. If necessary, they also can outsource any customs documentation needed and work with customs brokers to expedite shipments across borders. The entire process is tracked and monitored end to end and you can always know exactly where your shipment is and the estimated time of arrival.

Recourse Versus Non-Recourse Factoring for Logistics Brokers

tephen Patrick Day is president and CEO of Logistics Group International (LGI) in Houston. Drawing on decades of experience in the transportation industry, Stephen Day founded LGI in 2002 with the goal of becoming a top logistics provider to the oil and gas, petrochemical, manufacturing, power generation, mining, and construction industries.

A problem many logistics brokers face is balancing a client’s credit needs with their own cash flow. To solve that, many choose to use invoice factoring, a common practice in the logistics brokerage industry. Invoice factoring basically involves selling invoices to factoring companies to get cash immediately rather than wait for a payout.

There are two kinds of invoice factoring. In a recourse agreement, when a client files for bankruptcy, the logistics broker is still responsible for the money advanced by the factoring company, so it tends to have fewer associated fees than the alternative.

In a non-recourse agreement, the company is not liable for the payment if its client goes bankrupt. This gives the logistics broker added protection when dealing with riskier clients, but also carries a larger service fee.

A Look at the SCRA’s Crane and Rigging Workshop

Stephen Patrick Day is an accomplished business executive and transportation industry expert who has served as the president and CEO of Houston-based Logistics Group International (LGI) since 2002. Outside of his work at LGI, Stephen Day holds memberships with professional organizations such as the Transportation Intermediaries Association and the Specialized Carriers & Rigging Association (SCRA).

An international trade association, the SCRA represents the interests of over 1,400 specialized transportation professionals from 46 countries. The organization was formed in 1947 as the Local Cartage National Conference, and currently includes members that work in areas ranging from machinery transport and industrial maintenance to rigging operations and crane manufacturing.

SCRA members benefit from the organization’s networking platform and advocacy work, in addition to professional education programs. One such program, the Crane and Rigging Workshop, brings together hundreds of industry professionals who enjoy focused workshops and an exhibit center with over 90 booths.

Held each September, the Crane and Rigging Workshop offers specialized safety education and governing committee meetings, in addition to The Leadership Forum. The forum is an inclusive initiative that fosters the development of young professionals and future industry leaders. For additional information on the Crane and Rigging Workshop, which is next scheduled for September 16, 2020, visit www.scranet.org.

Koenigsegg Gemera – The Fastest Four-Seater in the World

Stephen Day, LGI’s founder, is one of Houston’s most successful entrepreneurs. With Stephen Patrick Day at the helm, Logistics Group International operates in the United States, Canada, and Mexico. Heavy and oversized loads are the company’s specialty. Stephen Day, LGI’s president, is also an enthusiast of supercars and hypercars.

Koenigsegg Gemera is an upcoming hypercar from Sweden’s exclusive carmaker Koenigsegg. The two-door, four-seat vehicle offers 1,700 brake horsepower, around 100 more than the Bugatti Chiron. But, unlike the Bugatti, the Gemera comes with a hybrid drivetrain. What’s perhaps even more impressive is that the car can cover 621 miles on a full tank and with fully charged batteries.

Around 1,100 brake horsepower comes from a trio of electric motors. On electric motors alone, the car can go about 30 miles. The remainder is provided by a two-liter, three-cylinder, twin-turbo engine. Koenigsegg plans to make 300 vehicles, which is the largest production run in the company’s history.

Performance-wise, the Koenigsegg Gemera can reach 62 mph (100 kmh) in slightly under 2 seconds. Also, the car can reach 186 mph (300 kmh) running on electric motors alone. The top speed of the high-performer is estimated to be over 300 mph.

Challenges Facing the Logistics Industry

Stephen Patrick Day, CEO of Logistics Group International (LGI), is an experienced leader in the logistics industry. For almost twenty years, Stephen Day has led Houston-based LGI, and he has seen the logistics industry evolve significantly during that time. However, many of the same challenges are seen today that were present years ago.

Fuel costs are the perennial bane of transportation. Fuel costs affect the price of just about every good imaginable. They are one of the highest operational expenses in the logistics industry, and rising fuel prices in the US are a growing concern.

Leaders in the logistics industry are setting expectations with e-commerce customers that are very difficult for smaller players to meet. Customers are increasingly expecting full transparency, and want to know where their shipments are at all times to streamline their own operations. Logistics companies that can’t keep up are set to lose business.

And, of course, environmental issues are a growing challenge. Virtually all environmental regulations add to operational costs, and the logistics industry is poorly positioned to implement large scale overhauls to conform to regulatory changes should they be brought on too rapidly.

Weight and Dimension Considerations for Oversize Shipments

A resident of Houston, Texas, Stephen Patrick Day is the CEO of Logistics Group International (LGI). With a network of over 20,000 carriers across North America, Stephen Day company, LGI, specializes in the freight arrangement of over-dimensional and over-weight cargo.

Typically, there are many considerations to be made before transporting oversize loads. The most important is the actual size of the load (weight) and its dimensions (length, width, and height). These parameters will determine what permits the carrier will need to safely transport the load from origin to destination. In the United States, every state has a different threshold for oversize shipments but the standard is about 48-53 feet long, 8.5 feet wide, and 8.5 feet high. That means a shipment is oversize if it’s longer, wider, or higher than the above dimensions. Such shipments will require special permits.

Weight is another important factor. Weight restrictions apply per vehicle axle. That means a shipment may be below a road’s weight limit but exceed the limit per axle. Making adjustments to the load can bring the shipment to within legal limits, eliminating the need for special permits.

In general, the state of an oversize shipment’s dimensions and weight may necessitate new permits. In addition to permits, they could also affect route and cost. For example, shipments over 12 feet wide require pilot vehicles at the front and back and, in many states, are only allowed on the road at certain times.