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From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.
We have made it to the end of the "Most Popular Blog Posts of 2015.So We've already featured all the other popular blog posts from logistics , manufacturing , supply chain , and freight over this week. The most popular blogs are centered around Infographics, reports, facts, and trends.as Top Transportation Blog Posts from 2014.
This begs the question: Even if the industry gets more truck drivers, just how much is enough to relieve the strain on trucking capacity? The answer is not simple and involves research and analysis across a number of factors. How many more truck drivers are needed to balance demand for truck transportation with the supply of capacity?
We take a look at these questions and more in this blog post. Despite increasing their capacity, U.S. chemical and plastics manufacturers struggled to reach overseas markets last year due to rising shipping costs, port congestion, equipment shortages, and capacity constraints. The Logistical Position.
In this article, you learn what are the various reefer freight data indices available in SONAR, who in the freight market relies on these indices, what the indices tell freight market participants, and real-world scenario analysis of using SONAR refrigerated shipping indices to better understand the freight market.
Recent research across 50+ procurement professionals found them most concerned with the impact of external factors on operations, with rising costs ( 55% ), geopolitical disruptions ( 45% ) and capacity constraints ( 38% ) at the top concerns. Why Rate Refresh?
Doing so helps organizations detect market shifts and makes supply chain decisions more forward-looking than an analysis of the past, present, and at best, a tactical view of the future. Supply chain design can help identify and flag such capacity and capability gaps. <br>- Organize sourcing events to address gaps.
Brokerages must think of an alternative data source outside of tribal knowledge to procure high quality and profitable carrier capacity. However, to find carriers that are the best margin, lowest risk, and most likely to accept your freight, requires analysis across multiple data sets and systems.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. A recent analysis suggests that some spending growth is on the types of goods , like video games, that don’t ship by ocean container – another factor in the relative disconnect between spending and freight.
Capacity crunches have different causes. What’s in this article: What is a capacity crunch? What causes a capacity crunch? What can shippers do to prepare for tight capacity? How can a 3PL provider help with capacity crunches? What causes a capacity crunch, and how does it impact your business?
A freight spend analysis can help cut those extra costs. Performing a freight spend analysis reveals extra costs deriving from unforeseen issues. Let’s look at a few best practices and steps to conduct a comprehensive, insightful cost analysis. Know the scope and value of a freight spend analysis.
Shipping managers continue to struggle with capacity procurement during this time of industry-wide disruption . Poor capacity acquisition comes down to poor communication and freight contracts negotiation due to outdated methods. Read on to see how these innovations can help with truckload shipping procurement. Request a SONAR Demo.
Blog " * " indicates required fields Email * More Resources Home August 23, 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.
Network Design tools that are fueled by powerful mathematical optimization in the back end, and intuitive scenario analysis capabilities at the front, empower supply chain professionals with the ability to create flexible plans and expose hidden risks in their network. – Tweet this. Resilient planning in action .
Blog " * " indicates required fields Email * More Resources Home August 29, 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.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Diversions and disruptions leading to tight capacity on the overall network level help explain the elevated rates observed even on non-Suez Canal lanes. Europe – N. America weekly prices fell 2% to $1.77/kg.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Most observers expect rates to remain well above normal levels while diversions continue, as carriers are facing higher costs and the longer routes soak up capacity. America weekly prices increased 3% to $2.15/kg.
To look at what risks will affect the supply chain in 2018, Rob Savitsky of AIR Worldwide ( a member of the MIT Center for Transportation & Logistics Supply Chain Exchange program), wrote a blog for MIT discussing three broad categories of supply chain risk. Natural Catastrophes.
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.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. The port is reactivating an out of use terminal to increase capacity and help get to the more than forty vessels currently waiting as many as seven days for a berth. America and Europe.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. With capacity already tight due to Red Sea diversions, rates last week climbed to $4,151/FEU to N. America and $3.60/kg Europe last week – has been the surge in B2C e-commerce shipment volumes.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. If demand is easing as capacity continues to increase, carriers will face further challenges to keeping rates elevated. Europe – N. America weekly prices fell 1% to $1.68/kg. kg since early August.
Getting costs under control is important for a good return on capital investment and to ensure factory equipment is operating at optimum capacity and profitability. For labor and machinery, it is important that the shop floor is running efficiently and close to capacity and that resources are being used effectively.
Trucking capacity is tight, and deadheading is the precursor of even stricter capacity. Where a supply chain is weak, analysis and advisory teams can fill in the gaps – seeing the correlations between data points and real-time load operations and profits highlights potential problem areas. Think about it.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. This decrease in pressure is likely partially due to major carriers and new, smaller entrants adding capacity to transpacific and Asia – Europe services as demand and spot rates surged in the last two months.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Europe – N. America weekly increased 4% to $2.08/kg.
Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Asia – N. America weekly prices increased 5% to $2.10/kg.
FreightWaves SONAR is releasing new indices – Capacity Trend Market Scores and Capacity Trend Market Direction – to help shippers, carriers and brokers prioritize specific routes daily. Capacity Trend Market Scores Capacity Trend Market Scores are divided into two perspectives – shipper/broker and carrier.
Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Peak season demand coinciding with Red Sea-driven capacity constraints and congestion has now pushed Asia – N. Europe and $7,900/FEU to the Mediterranean. days compared to more than a week in late May.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. With peak season now behind us, transpacific rates nonetheless continued to climb moderately from their October lows last week as carriers seek to keep vessels full by reducing capacity. Europe – N.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. The Port of Chittagong, Bangladesh’s major container hub, closed briefly and then operated below capacity for much of the week. Asia-Mediterranean prices (FBX13 Weekly) fell 6% to $7,493/FEU.
Among enterprise companies, one critical aspect of successful negotiation and capacity procurement is a better predictive outlook of both spot and contract truckload rates. Tracking market trends within truckload rates relies heavily on data and analysis. The key to avoiding this kind of situation is predictive planning and analysis.
However, inconsistencies in service levels, including the use of inaccurate data, an economy that hinges on the state of foreign markets (think China), and changes to regulations and labor requirements are continuing to impact the capacity of the shipping industry. Capacity Is Tight, Not Impossible. Capacity of today’s fleets is tight.
Blog More Resources Home September 3, 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 stayed level at $1.66/kg.
Now more than ever, shippers need to find innovative ways to make the most of real-time freight data and analysis. Today, logistics strategies rely on accurate and up-to-date data for everything from capacity planning to invoicing. Sometimes data analysis needs to be refocused and fine-tuned.
Intro Email Newsletters News Sites Social Media Influencers Blogs Unexpected Places. So much so that it is split into seven topics – aircrafts, airports, capacity and demand, carriers, freight trends, traffic and viewpoints. Experts’ Choice: Logistics and Supply Chain Blogs. Air Cargo World. ACWmagazine. milesahead.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Asia and Africa lanes, which may likewise indicate that more capacity is becoming available across networks as a result of easing conditions on the main trade lanes. Europe – N.
Access to data and proper analysis are both essential to maximize profits and reduce costs. There are many ways for shippers to take advantage of technology and advancements within the industry, but three key methods are essential for utilizing trucking data to source capacity. trillion in 2010 to more than $6.7 trillion in 2018.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Red Sea-driven congestion and decreases in ocean capacity out of India have pushed air cargo demand up and export rates to twice as high as at the beginning of the year. America rates climbing 14% to $2.88/kg
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. With demand stable in those months carriers had just enough capacity and equipment to keep the market balanced and rates elevated but level. Europe – N. America weekly prices fell 1% to $1.73/kg.
Brokerages must think of an alternative data source outside of tribal knowledge to procure high quality and profitable carrier capacity. However, to find carriers that are the best margin, lowest risk, and most likely to accept your freight, requires analysis across multiple data sets and systems.
Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. While high demand and spot rates are driving some carriers to re-enter or add services to the transpacific, others are canceling services to reallocate capacity to Red Sea lanes.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. The degree to which December’s rate increases will stick though, will depend on the carriers’ ability to reduce capacity to current demand levels. Europe – N. America weekly prices rose 2% to $2.14/kg.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Some observers anticipate that the strike will still lead to some capacity and equipment shortages at Asian origins in early November.
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