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Ken Adamo and Joe Lynch discuss a trillion dollars in freight transactions. Ken is the Chief of Analytics at DAT Freight & Analytics. DAT operates the largest truckload freight marketplace in North America. About Ken Adamo Ken Adamo serves as the Chief of Analytics at DAT Freight & Analytics.
Erika Voss and Joe Lynch discuss taking the uncertainty and risk out of freight. Erika is Vice President of Information Security at DAT Freight & Analytics, the largest truckload freight marketplace in North America. Erika holds a Ph.D.
Autonomous Vehicles: Autonomous ground vehicles, such as self-driving trucks, address long-haul and heavy freight logistics. Payload Limitations: Drones have low payload capacities, restricting them to lightweight packages, while autonomous vehicles can transport larger loads.
When it comes to TMS and digital freight, there is a lot of interest. As the supply chain world continues down its digital transformation path, digital brokers can play an integral role in easing capacity constraints, opening up new lanes, and providing a benchmarking tool for shippers.
CVSA-certified inspectors will commit a blitz of inspections across North America, creating a sudden strain on resources for both domestic and cross-border freight. The best way to avoid disruption is to source and have readily available resources to expand capacity at a moment’s notice. The overwhelming answer is “yes.”
Emerge has an interesting new platform to deal with the problems shippers are having procuring truck capacity. Carriers move shippers’ freight. If loads are not accepted by carriers the shipper is already working with, shippers can tap into the marketplace to access new capacity. Scale is Necessary for Freight Benchmarking.
Ultimately it comes down to whether shippers want to manage their freight spend in-house or outsource it. A TMS offers optimization capabilities across multiple modes to improve service levels and reduce freight spend. This means not having extra capacity that is going to waste. Secondly, there is the environmental impact.
Not only were factories shut down, but ocean ports were congested, vessels sat offshore for weeks waiting to unload, capacity on ships and planes. Read more The post Solving the New Imperatives for Freight Forwarders appeared first on Talking Logistics with Adrian Gonzalez.
Cold storage and processing facilities are increasing inventory capacity, anticipating prolonged trade disputes. Freight rates have surged due to increased demand for ocean and rail transport, particularly for industries like consumer goods and industrial manufacturing. Conclusion: A New Reality for Global Trade?
Redefining Freight Brokerage with Nick Jensen. Nick Jensen and Joe Lynch discuss redefining freight brokerage. Nick is the Director of National Accounts at Loadsmart , a freight technology company that is removing the barriers between shippers and carriers so freight can move in the most efficient, transparent and automated way.
Procuring transportation for freight is much different than any other procurement category. The freight market is mercurial. It can move quickly from a situation where there is too much capacity in the market and buyers having the whip hand, to a situation where shippers are begging carriers to take their loads at almost any price.
More Resources Home Empowering Freight Forwarders with AI: Insights from Industry Leaders AI Popup #2 Gaurav Bajaj July 8, 2024 Dive deeper into freight data that matters Learn More Empowering Freight Forwarders with AI: Insights from Industry Leaders For years, technology has been cast as a threat to freight forwarders.
Autonomous Freight Trucks. Shortages of drivers is just one of the contributors to the difficulties shippers are having in securing the truck capacity they need. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. It is a brutal job.
Robert Bain and Joe Lynch discuss the 3 pillars of freight operations. He has been a leader in the freight tech movement with companies like Uber Freight, Shipwell, and CDL 1000, and his passion is combining great solutions with exceptional people to service clients. The Greenscreens.ai
More Resources Home Empowering Freight Forwarders with AI: Insights from Industry Leaders AI Popup #2 Gaurav Bajaj July 8, 2024 Dive deeper into freight data that matters Learn More Empowering Freight Forwarders with AI: Insights from Industry Leaders For years, technology has been cast as a threat to freight forwarders.
The Freight Market Place with Dave Maddox. Dave Maddox and Joe Lynch discuss the freight market place. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Other past employers that Maddox has worked for are nVision Global, Transplace, National Freight, Inc.,
Joe Lynch and Chris Pickett discuss what’s next for the freight market. Chris is the Chief Operating Officer at Flock Freight , a technology company that is on a mission to solve the US trucking industry’s wasted capacity problem. in Industrial & Systems Engineering from Virginia Tech, an M.Eng.
Tis the season to be jolly – unless you are overwhelmed with the many tasks traditionally associated with the annual freight Request for Proposal ( RFP ) season. However, the reality is that contracted freight is actually a promise – not a binding agreement. Flexibility to schedule rate bid events based on business needs.
OTR freight represents a long-standing aspect of supply chain operations and transportation management. Th is blog post covers the critical ways strategic partnerships can help supply chain managers achieve optimal OTR management for their freight. Carrier Vetting for OTR Freight . Remote Tendering and Shipment Execution .
The past two years of volatility have many logistics leaders evolving from an annual Request for Proposal or freight (RFP) event to quarterly or more frequently to accommodate the changing supply chain landscape. 10 Freight RFP Components for Success. Capacity strategy. Company background. Use data to drive the RFP.
Jordan Graft and Joe Lynch discuss freight has an identity crisis, which refers to rampant fraud and double brokering in the transportation business. Highway provides brokers with comprehensive data on carrier equipment to supercharge their capacity sourcing and vetting efforts.
Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. More freight costs, higher consumer costs. 13, 2021.
And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing USD4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Was it profiteering? And it can be fixed.
Nick Dangles and Joe Lynch discuss winning in a down freight market. Nick is a tenured veteran of full truckload freight brokerage who has firsthand knowledge of technology’s power in the freight industry. About Kinetic Kinetic helps freight tech companies get their products to market faster and with better adoption.
Ryan Schreiber and Joe Lynch discuss 3 freight trends to watch. Prior to joining Metafora, Ryan worked at a variety of logistics companies and even started and exited a few tech-enabled freight brokerage start-ups. Key Takeaways: 3 Freight Trends to Watch . About Ryan Schreiber. Welcome to the new way forward.
The Freight RFP Process is Broken – Let’s Fix It with Maggie Petrovic. Maggie Petrovic and Joe Lynch discuss the freight RFP process is broken – let’s fix it. Maggie is the Vice President of Strategic Initiatives at Emerge , a company that is Reinventing Freight Procurement. Rethinking the Freight RFP Process.
More Resources Home September 13, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. China – N. Europe weekly prices increased 1% to $3.07/kg.
Road freight alone accounts for approximately 7% of global CO2 emissions, with maritime and air transport further amplifying the environmental burden. Key strategies include: Electrification of Transport: The use of electric vehicles (EVs) for freight and last-mile delivery reduces emissions and operational costs.
More Resources Home July 23, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 4% to $5.34/kg. China – N.
More Resources Home September 26, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 4% to $4.41/kg
Schedules were quickly disrupted and capacity shifted to China – Europe and North America lanes to accommodate the longer voyages. These changes made ocean capacity (and empty containers) scarce, sending container rates out of India spiking. Since January, the ocean freight shakeup has pushed many shippers to the air.
More Resources Home Navigating the Waves: Exploring Digital Booking in Ocean Logistics at TPM 2024 Judah Levine The sessions at this year’s TPM, the preeminent North American ocean freight conference, was more focused on the role of technology in ocean logistics than ever.
Capacity Constraints Continue to Arise. Capacity constraints continue to come under microscope as shippers look for a better understanding to the state of the market. Top causes of capacity constraints include: . High freight volumes across all industries in the trucking market are expected to continue into 2022.?
More Resources Home July 30, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. China – N. Europe weekly prices stayed level at $3.39/kg.
Despite these efforts, to date the attacks continue, pushing most major carriers representing over 60% of global container capacity, to alter their routes. The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates.
Air cargo for example, though continuing to make digital strides, is still behind – and is often compared to – passenger travel where digitized capacity, pricing and online bookings have been around for decades and is in some ways the digitalization template air cargo is referencing.
Blog " * " indicates required fields Email * More Resources Home September 6, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
Companies of all sizes engage with 3PLs and 4PLs to ensure access to technology, capacity and strategic insights. During the pandemic, companies found it difficult to access and manage capacity on their own. Pricing may vary significantly based on carriers, lanes and capacity constraints. 3PL vs. 4PL. Multi-modal Expertise.
More Resources Home August 6, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe weekly prices increased 7% to $3.63/kg. Europe – N.
In 2019, digital freight isn’t a vision; it’s a reality. Land travel restrictions in Asia extended Chinese New Year, dropping ocean freight demand, which, just weeks later, spiked when the shutdown ended. Meanwhile, massive passenger airline restrictions dramatically reduced air cargo capacity, sending rates through the roof.
GlobalTranz’s main service lines are freight brokerage – less-than-truckload and truckload – and managed transportation services. What the heck is going on in this freight brokerage/managed transportation sector? A truck broker helps companies find trucks to carry their freight on lanes they are having difficulty covering.
“the past 13 months of sustained rising freight demand and widespread shortage of labor up-and-down supply chains has brought the LTL trucking sector, and the shippers that depend on it to move palletized shipments, to a turning point.”. freight and delivery needs. How Can a 3PL Help Shippers Manage LTL Transportation Proactively.
Show us the best way to fix the freight delays!” It might highlight logistics jams, manufacturing capacity, quality issues, or procurement cost trends. This allowed us to plan our manufacturing capacity more effectively. For example, we’re working on telling the solution that it has a budget. So why do it yourself?
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