Freightos

MARCH 19, 2024

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.

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Logistics Viewpoints

FEBRUARY 22, 2023

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.

Real-time Visibility 268

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Talking Logistics

AUGUST 30, 2023

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.

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Freight Capacity Shipping Global 284

Logistics Viewpoints

AUGUST 8, 2022

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.

Benchmarking 287

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The Logistics of Logistics

OCTOBER 11, 2023

Robert Bain and Joe Lynch discuss the 3 pillars of freight operations. Robert is is the Director of Client Engagement at CDL 1000 , a a technology-driven, third-party logistics (3PL) leader based in Chicago, IL. Robert is a long time logistics professional, who has nearly 2 decades in the space in both asset and non-asset applications.

Logistics Network Optimization Software 279

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Freightos

MAY 23, 2024

More Resources Home Innovative Synergies: Logistics Tech Lessons from Other Industries Judah Levine May 23, 2024 Though the logistics and supply chain industry has made and continues to make a lot of progress in its digital transformation, it has a reputation for being part of the late majority or even a laggard in terms of digitalization.

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The Logistics of Logistics

APRIL 1, 2022

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.

Logistics Network Optimization Software 242

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The Logistics of Logistics

MARCH 28, 2022

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. Key Takeaways: The Freight Market Place. About Dave Maddox. About Emerge.

Supply Chain Network Software 244

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The Logistics of Logistics

APRIL 21, 2023

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 Logistics from MIT, and an MBA from Georgia Tech.

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Logistics Viewpoints

MARCH 3, 2021

GlobalTranz, a logistics service provider, put out a press release on February 23rd where they mentioned that they had achieved 40% growth in revenue, fourth quarter of 2020 compared to the fourth quarter of 2019. GlobalTranz’s main service lines are freight brokerage – less-than-truckload and truckload – and managed transportation services.

Logistics Network Optimization Software 273

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Freightos

JULY 8, 2024

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.

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Freight Price Reduction Industrial Industry 280

GlobalTranz

AUGUST 11, 2021

The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. Shippers should consider the following as indicators for when to add an outsourced managed logistics transportation services provider. This can be a confounding issue.

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Logistics Viewpoints

SEPTEMBER 4, 2023

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.

Procurement Solutions 271

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Logistics Viewpoints

OCTOBER 20, 2022

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.

Freight 256

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Freightos

APRIL 6, 2020

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.

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The Logistics of Logistics

APRIL 24, 2023

Nick Dangles and Joe Lynch discuss winning in a down freight market. Nick is Co-founder of Sync Logistics Training is a joint venture between Metafora + Kinetic, a Learning Management Software that gives brokerages the power to transfer years of industry knowledge to new hire employees in an engaging and effective platform.

Negotiating Skills 246

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Logistics Viewpoints

MARCH 31, 2022

Already upended for two years by the COVID-19 pandemic, the worldwide logistics industry is facing new challenges. If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges.

Logistics Network Optimization Software 277

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Freightos

JULY 8, 2024

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.

Freight 274

Freight Price Reduction Industrial Industry 274

The Logistics of Logistics

MAY 3, 2023

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.

Jordan 240

Jordan Freight Logistics Network Optimization Software Supply Chain Network Software 240

Talking Logistics

JUNE 14, 2022

In the last 20 years, the size of the container ship has doubled – and the largest ships sailing today can haul 24,000 containers (TEU) — equal to the capacity of a freight train 44 miles long. Read more Disruption Denied: How Next-Generation Logistics Create A Resilient Supply Chain. But then again, ships of.

Supply Chain 261

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Logistics Viewpoints

MAY 3, 2024

And now on to this week’s logistics news. in push for freight decarbonization China e-commerce exports, unreliable Red Sea shipping boost air cargo Sephora is expanding its take-back and refillables programs Amazon announced that it delivered to Prime subscribers at its “fastest speed ever” in its quarterly earnings on Tuesday.

Logistics Network Optimization Software 285

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The Logistics of Logistics

SEPTEMBER 16, 2022

Ryan Schreiber and Joe Lynch discuss 3 freight trends to watch. Ryan is the Vice President, Industry and Growth at Metafora , previously “CarrierDirect”, which is the leading business consulting and software development firm that exclusively serves the Transportation, Logistics and Supply Chain space. About Ryan Schreiber.

Trends 229

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The Logistics of Logistics

SEPTEMBER 13, 2021

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. About Maggie Petrovic.

Freight 245

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Freightos

JUNE 15, 2021

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.

Global 411

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Logistics Viewpoints

JULY 26, 2024

And now on to this week’s logistics news. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. Pete Buttigieg, U.S.

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Logistics Viewpoints

JULY 19, 2023

However, sustainability in logistics goes well beyond these initiatives. APQC conducts research on supply chain and logistics to help organizations assess the performance of their own processes and functions compared to their peers. Below are the results from the cross-industry report for environmental sustainability.

Sustainability 246

Sustainability Optimal Sourcing Logistics Material Savings 246

Logistics Viewpoints

NOVEMBER 4, 2022

And now on to this week’s logistics news. Logistics industry growth slowed in October. The improvement is expected to be temporary, given that an aging workforce and freight demand are both projected to grow. However, as September progressed demand cooled and capacity continued to loosen. Tone sours on Q3 trucking calls.

Logistics Network Optimization Software 255

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GlobalTranz

DECEMBER 8, 2021

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.

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Logistics Viewpoints

MAY 26, 2022

Challenges drive dramatic shifts in supply chain and logistics. Across many of our industries, conventional wisdom about best practices for supply chain operations and logistical networks is being challenged. Hallmarks of successful logistics transformation. Automate, automate, automate – This is not a new idea or trend.

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Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 331

Logistics Viewpoints

FEBRUARY 2, 2024

And now on to this week’s logistics news. UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure.

Cost Reduction Strategies 287

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 287

The Logistics & Supply Chain Management Society

FEBRUARY 15, 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?

Purchasing Skills 217

Purchasing Skills Price Reduction Freight Supply Chain Software 217

Logistics Viewpoints

JANUARY 27, 2023

And now on to this week’s logistics news. Amazon has launched Amazon Air , its dedicated air cargo fleet, in India as the e-commerce giant bulks up its logistics infrastructure in the key overseas market where it has deployed more than $6.5 India is the third market where Amazon has launched its freight service.

Logistics Network Optimization Software 272

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Logistics Viewpoints

DECEMBER 2, 2024

Show us the best way to fix the freight delays!” That frees up the logistics team to go work on even more difficult problems. It might highlight logistics jams, manufacturing capacity, quality issues, or procurement cost trends. This allowed us to plan our manufacturing capacity more effectively.

Supply Chain Planning Software 261

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GlobalTranz

OCTOBER 6, 2021

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 .

Prescriptive Analytics Software 216

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Freightos

SEPTEMBER 13, 2023

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.

Asia 334

Asia Europe Freight China 334

Freightos

AUGUST 10, 2024

More Resources Home Is AI Hype or a Truly Revolutionary Technology Set to Transform Logistics? (AI As someone passionate about efficiency and technology in logistics, but not an expert in AI, I was initially very excited about AI’s potential. In logistics, the cost of an error or exception is always where problems start to balloon.

Logistics Network Optimization Software 268

Logistics Network Optimization Software Modeling Software Supply Chain Planning Software Negotiating Skills 268

Freightos

APRIL 2, 2024

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.

Cargo 291

Cargo Real-time Visibility India Shipping 291