GlobalTranz

DECEMBER 5, 2018

For freight, managing black swan events, like risk mitigation , means finding problems that are on the verge of causing disruption and taking advantage of resources to minimize their impact. For shippers, this means finding a way to handle changes in inventory and replenishment, as well as managing outbound freight and reverse logistics.

Price Reduction 168

Price Reduction Resource Reduction Cost Reduction Strategies Inventory Reduction 168

Freightos

APRIL 27, 2023

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

Logistics Viewpoints

NOVEMBER 8, 2023

The dashboard is part of a broader Sustainability Hub, which allows companies to collaborate and access freight emissions from FourKites tracked freight. Companies can accurately calculate shipping level emissions and compare them across specific time intervals. It is also the best play for long term sustainability.

Benchmarking 250

Benchmarking Sustainability Optimal Sourcing Sourcing Strategies 250

GlobalTranz

DECEMBER 22, 2020

That trend also plays into an extended peak shipping season and ongoing tightened capacity in all modes. To help shippers prepare, we will examine contributing factors that will play a significant role in the 2021 truckload freight market. Consumer Spending Shifts Will Continue To Impact The Truckload Freight Market.

Forecasting 156

Forecasting Forecasting Software Freight Inventory Reduction 156

GlobalTranz

FEBRUARY 28, 2017

The freight industry of today is evolving rapidly. It is no longer bound by the traditional constraints of the economy, and Amazon is gearing up to begin expanding to be the best of the global freight shipping providers. 8 Freight Shipping Trends Shippers Must Know for 2017. Freight Rates Will Increase.

Freight 120

Freight Trends Shipping Price Reduction 120

Freightos

APRIL 25, 2024

e-commerce customers’ love for free shipping. ‘de minimis’ rule, which exempts imports under $800 from customs and makes brokerage fees minimal, they have shipped massive volumes via air cargo. Source: Freightos Air Index The Commercial and Ethical Impact Beyond the underlying costs, U.S. Utilizing the U.S.

Cargo 284

Cargo Cost Reduction Strategies Price Reduction Material Savings 284

3PL Insights

NOVEMBER 15, 2021

Amidst all of these stories of shortages and bottlenecks, we thought it would be helpful to explain the basics of shipping ocean freight. In this article, we will explain the shipping process, identify the different types of cargo, and show the benefits of ocean freight shipping. What is Ocean Freight?

Freight 98

Freight Manufacturing Procurement Cargo Shipping 98

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. In this article, we explore the pros and cons of the alliance model in the shipping industry, compare the solo strategy versus alliance strategy, and provide tips on how shippers can prepare for market swings.

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

The Logistics of Logistics

MARCH 25, 2022

The Air Freight Market with Eric Kulisch . Eric Kulisch and Joe Lynch discuss the air freight market. Eric is the Air Cargo Editor at FreightWaves, the leading FreightIntel provider, offering current digital intelligence and context to the freight community on a central platform. Key Takeaways: The Air Freight Market.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Analytics Software Freight Cargo 130

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. Container shipping costs are usually shockingly low.

Global 411

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Freightos

JUNE 6, 2023

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. This was terrible news for a company now on the hook to ship to kids who were suddenly cooped up and hankering for a fort.

Manufacturing Procurement 305

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 305

Logistics Viewpoints

NOVEMBER 2, 2021

When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. It’s an apt metaphor for ocean shipping these past many months. And the list goes on.

Supply Chain Planning Software 205

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Modeling Software 205

Logistics Viewpoints

FEBRUARY 7, 2024

On top of that, some retailers are developing sustainability scorecards for items, allowing consumers to see hoe sustainably sourced and delivered their order is. Too often, warehouses use boxes to ship items that require a lot of additional packaging. Ocean shipping can play a big role in sustainability and energy transition.

Waste Reduction 294

Waste Reduction Supply Chain Design Software Optimal Sourcing Supply Chain Optimization 294

Supply Chain Matters

JUNE 14, 2024

Supply Chain Matters highlights for readers indications that ocean container shipping spot rates involving routings from China and Asian ports to the U.S. We further call attention to a published report indicating that container freight rates might surpass $20,000 per 40 foot container by 2025. are exploding.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Shipping Price Reduction 52

Supply Chain Matters

JULY 29, 2024

Current published reports and available industry data reinforce indications that the peak both in volume and in ocean container shipping rates may have been reached. Once more, current longer term industry trends imply a period of excess global container vessel ship capacity by 2026. The authors indicated that 478 ships, totaling 3.1

Shipping 52

Shipping Global Los Angeles Long Beach 52

Intelligent Audit

MARCH 30, 2022

With the continued advancements in shipping logistics and services, the rise of freight visibility is among the most critical points management must consider. Poor Freight Visibility Results in Inefficiencies. Poor Freight Visibility Results in Inefficiencies.

Network Optimization Software 52

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GlobalTranz

NOVEMBER 27, 2018

LTL capacity has routinely been used as a source of added capacity when full truckload becomes unavailable. LTL capacity is quickly becoming harder to find, and full truckload carriers have already started to turn away freight. In a Nutshell The shipping surge will continue. Get Your Free Copy Here. Download White Paper.

Capacity 151

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Intelligent Audit

MAY 23, 2022

Many shipping companies ask this question to lament the current containerized logistics situation. On March 14, 2022, McKinsey and Company proposed four future recovery scenarios, summarizing that, “Container freight rates will remain elevated throughout most of 2022 while the containerized logistics disruption persists.”

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Freight Logistics Network Optimization Software 52

Unleashed

JUNE 27, 2023

One wrong decision and freight costs can skyrocket, greatly impacting your profit margins. If you’re sending goods internationally, third-party freight forwarding services offer a frictionless solution. Here we explore what freight forwarders do, the benefits and risks of working with one, and how the freight forwarding process works.

Negotiating Skills 52

Negotiating Skills Freight Optimal Sourcing 3PL 52

Intelligent Audit

MARCH 21, 2022

Of all the details shippers and businesses have to manage and track, transportation costs and freight audits can be the most overlooked and impactful. Optimizing freight transport and hauling services with freight contracts can be done by taking the following steps to ensure accuracy in auditing and management. ?Unify

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Optimization Network Optimization 52

EC Sourcing Group

DECEMBER 1, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

Talking Logistics

AUGUST 13, 2018

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . One area that can quickly yield benefits is in parcel shipping.

Negotiating Skills 104

Negotiating Skills Optimal Sourcing Optimization Software Price Mitigation Strategies 104

The Logistics of Logistics

DECEMBER 1, 2023

Mark’s 35 years in transportation and logistics includes 17 years of experience with Transplace (now Uber Freight), where he held the position of Sr. An experience that was built by freight practitioners for freight practitioners. Freight Settlement Automation: Simplify and streamline freight payment process.

Optimal Sourcing 219

Optimal Sourcing Supply Chain Planning Software Optimization Software Analytics Software 219

EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

GlobalTranz

NOVEMBER 30, 2021

Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Leverage TMS technology platforms to source OTR transportation capacity in tight markets, keep information in context, and stay informed with real time visibility.? a shipment?doesn’t

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

Logistics Viewpoints

FEBRUARY 15, 2022

True resiliency is achieved when supply chain leaders can predict issues and dynamically respond – from sourcing and manufacturing to final delivery – with agile solutions. To cultivate true supply chain resiliency, the concept of end-to-end supply chain visibility should not be limited to freight shipment transparency.

Agile and Lean Supply Chain 301

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Optimal Sourcing 301

Intelligent Audit

MARCH 10, 2022

Freight invoice audit services can make a huge difference in recovery for shipping and transportation companies of all sizes, especially as disruption continues. freight invoice audit data hinges on ensuring all documentations are accurate. Freight Class. Bill of Lading. Fuel Surcharges. Through Rates.

Freight 52

Freight Negotiating Skills Shipping Analytics Software 52

The Logistics of Logistics

JULY 14, 2023

Faced with the challenge of limited data availability, he co-founded Vizion, an API-first solution empowering cargo owners, freight forwarders, and software providers to achieve true supply chain visibility by tracking ocean freight in near real-time. Vizon provides multiple data sources for tracking containers across ocean and rail.

Container Tracking 198

Container Tracking Rail Software Real-time Visibility Supply Chain Design Software 198

QAD

JULY 18, 2024

This cost includes the per-unit price of the product itself, freight charges, taxes, import and export duties, insurance premiums, payment processing fees, currency exchange rates and other expenses. Shipping Strategy Optimization – Monitoring landed cost over time can help identify opportunities to reduce shipping expenses.

Purchasing Skills 98

Purchasing Skills Cost Reduction Strategies Expense Reduction Material Savings 98

Intelligent Audit

JULY 6, 2022

Shippers understand this feeling well, sometimes regularly dealing with damaged in-transit freight. So when damaged freight happens, what’s next? Common Causes for Damaged Shipments and Freight Claims. Carriers and shippers understand that the fingers start pointing as soon as a load of damaged freight arrives at the dock.

Shipping 52

Shipping Purchasing Skills Expense Reduction Freight 52

Intelligent Audit

JULY 21, 2022

of the nation’s freight by weight.” And that number is growing as e-commerce expands and more companies look to leverage ground versus air transportation to save on shipping spend. However, that complexity means an added degree of importance in all freight in accounting processes. . What Is Freight-in Accounting?

Freight 52

Freight Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software 52

Intelligent Audit

JUNE 2, 2022

While freight accounting may have looked simple in the past, varying strategies have flooded today’s market. As the complex and costly transportation landscape dictates that each shipment might require a different method, it’s easy for freight invoice errors to fall through the cracks. What Are Freight Invoice Errors ?

Freight 52

Freight Analytics Software Supply Chain Software Demand Planning Software 52

Intelligent Audit

APRIL 1, 2021

While traditionally these programs are called freight audits, it isn’t solely about LTL or FT. While each shipping mode presents more complexity for managing the freight audit , having a single validated source of truth across your supply chain opens up endless possibilities for shipment and cost optimization.

Freight 52

Freight Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 52

Intelligent Audit

OCTOBER 19, 2022

Recent trends, from rate fluctuations to tight capacity, have underscored the need look deeper at shipping networks, whether plumbing for more efficient routes or revisiting carrier contracts. The focus on visibility has generated an onslaught of transportation data — often from numerous sources. What is Shipping Data?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Network Optimization Price Mitigation Strategies 52

20Cube Logistics

FEBRUARY 17, 2022

The rapid rate of technological change and faster access to a greater amount of data are resulting in a transformation of the freight forwarding process. According to several recent studies on the subject, there will be a significant reduction in the processing times involved in activities like shipping and customs. Working with Data.

Freight 75

Freight Resource Reduction Cost Reduction Strategies Inventory Reduction 75

Supply Chain Collaborator

AUGUST 5, 2015

More than a year ago, the Supply Chain Collaborator blog examined the trend toward crowd sourcing and wondered aloud whether an “Uber for commercial shipping” was imminent. Yet, as an op-ed in the Wall Street Journal concludes, we are still nowhere near developing a killer app for crowd sourced commercial shipping.

Sourcing Strategies 60

Sourcing Strategies Optimal Sourcing Sourcing Shipping 60

ModusLink Corporation

NOVEMBER 23, 2022

Top View Cargo containers ship logistics transportation Container Ship Vessel Cargo Carrier. Managing cloud-based e-commerce platforms and global shipping logistics is a vital part of the process of overcoming cross-border challenges for online retailers. The Importance of E-Commerce Shipping and Logistics in EU Transportation.

Purchasing Skills 78

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