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Flexibility in a Volatile Market: As pricing and freight capacity fluctuate, procurement professionals need to adjust rates quickly without lengthy RFP processes. This innovation is part of Freightos’ vision for comprehensive freight digitization, bolstered by its acquisition of Shipsta. Why Rate Refresh?
April 23, 2025 Blog Today, we’re excited to announce the launch of Freightos Enterprise our comprehensive solution designed specifically for large enterprises that import and export, who need to bring control, visibility, and efficiency to their global logistics operations.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Freight news travels faster than cargo Get industry-leading insights in your inbox. Europe weekly prices were level at $3.81/kg. Europe – N. America weekly prices increased 2% to $1.85/kg.
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 take a look at these questions and more in this blog post. At this point, it is very important for exporters to work with freight forwarding companies, both to get competitive prices and rid themselves of operational difficulties to manage the process faster. The Logistical Position. Despite increasing their capacity, U.S.
The answer is not simple and involves research and analysis across a number of factors. Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains. Analysis of employment data. for Q2 2021, relative to Q2 2018.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Similarly, fifteen years ago K+N’s homepage didn’t even mention tech: Today, it’s the core focus, offering complete self-service control across freight quoting, instant bookings and shipment tracking from any device.
You didnt expect freight to take this much time. Thats when most businesses realize the value of a freight broker. But heres the hard truth: not all freight broker services are created equal. What Is a Freight Broker, Really? Why Use a Freight Broker? Anyone can say theyre a great freight broker.
For companies involved in shipping freight, the combination of order-level management and cost to serve analysis can be a game-changer. By combining order-level management with cost to serve analysis, businesses gain unparalleled transparency into their operational costs.
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.
A freight claim is a legal claim that gets sent from a shipper or consignee to a carrier after an issue with an order shipment. The purpose of freight and logistics claims is to bring about an in-depth analysis of the issue and to seek financial reimbursement for the loss or damage that has been […].
Relying solely on manual shipping data analysis continues to yield poor results. And even the freight management analytics of five years ago do not necessarily respond well to today’s shifting and changing market. By using descriptive and diagnostic analytics, freight management parties begin to see not only what happened, but why.
Ian Arroyo April 29, 2025 Blog As Freightos’ Chief Strategy Officer, I’ve had the privilege of witnessing firsthand how the logistics industry has transformed since COVID-19 disrupted supply chains worldwide. Unify, Automate, Thrive Automate tendering, benchmark rates instantly, and book freight in one solution.
How effective are you at lane-by-lane planning and getting deep insights to aid in freight spend planning, mini-bids, and other long-term contracts in your organization? The post [WHITE PAPER] How lane by lane analysis at scale promotes strategic and tactical transportation management appeared first on SONAR. Request a SONAR Demo.
And one of the easiest ways to keep up-to-date with the latest news and trends is to follow the available top freight podcasts. Managers, team members, and anyone involved in freight tracking, shipping, logistics or management can benefit from the information and insight provided in these great freight, logistics, and supply chain podcasts.
Optimizing truckload freight spend is essential in today’s freight market. Track truckload freight accessorial costs As reported by Inbound Logistics , “Carriers price accessorials, such as liftgate or non-commercial delivery, at a premium. Choose the right carrier based on landed freight spend. Download the White Paper.
Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. Measuring performance with transportation KPIs and freight data is getting easier. Budgeting and managing freight costs are critical to overcoming any disruptions and increasing profitability.
The freight audit, an important aspect of effective freight management, involves examining, adjusting, and verifying […]. The post Ready to Conduct A Freight Audit & Analysis of 2020 Freight Claims? appeared first on MercuryGate International.
As freight transportation costs continue to rise year-on-year, manufacturers, wholesalers, retailers and any other organisations that are part of a supply chain must think smarter about pushing down the cost of moving goods from A to B. Many companies use air freight more for reliability than speed.
Co-hosts Kyle Taylor and Luke Falasca focused on freight forecasting during COVID-19 on this episode of #WithSONAR. Subscribers receive near-time market intelligence to improve pre-RFP strategy analysis and can identify new market opportunities with little to none native, historical data. It has been recognized by Inc.,
Blog " * " indicates required fields Email * Name 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 Hurricane Milton battered the west coast of Florida last week.
Fortunately, digital technology has evolved to mitigate most of these risks, from inbound freight to return authorizations. Freight Shipping Whether you’re shipping goods to your own warehouse, a third-party logistics company (3PL), or a retailer or marketplace, look for a freight shipper that embraces digital technology.
One of the most popular tools that drives the supply chain to new heights is the process of intermodal freight shipping. Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes.
East Asia – April 29, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. April 29, 2025 Blog Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $2,328/FEU.
Freight claims processing is often completed by employees using traditional, inefficient methods, such as spreadsheets. However, freight claims management is important and merits more attention, especially when trend analysis shows factors leading to recurring claims.
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 . Enabling Data-Driven Decision-Making .
April 23, 2025 Blog Today, we’re excited to announce the launch of Freightos Enterprise our comprehensive solution designed specifically for large enterprises that import and export, who need to bring control, visibility, and efficiency to their global logistics operations.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Judah Levine September 26, 2023 Unbox your Freight knowledge. Freight news travels faster than cargo Get industry-leading insights in your inbox. Europe prices (FBX11 Weekly) fell 34% to $996/FEU.
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. Ocean freight is split into 14! The Experts’ Choice of the Top Online Logistics Resources.
If youve followed our blog over the years, youll know that weve shared lots of information about distribution network design, why its vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.
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 * 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.
Many asset-based carriers utilize freight broker and data technology to recruit truck drivers and reel in new talent. It is considerably more important to find talent quickly to fill the ever-growing needs of the freight and shipping industry. In turn, that slows down contract freight and reduces how much contracted truckers earn.
Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Freight news travels faster than cargo Get industry-leading insights in your inbox. Europe weekly prices increased 5% to $4.03/kg. Europe – N. America weekly prices increased 9% to $2.60/kg.
Today, freight load management is a major trouble area for carriers and logistics managers within the shipping industry. For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. Within the freight load management area of the network, data is essential.
Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Freight news travels faster than cargo Get industry-leading insights in your inbox. Europe weekly prices increased 11% to $4.00/kg. Europe – N. America weekly prices increased 1% to $1.75/kg.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Freight news travels faster than cargo Get industry-leading insights in your inbox. Europe weekly prices increased 25% to $4.23/kg. Europe – N. America weekly prices increased 9% to $2.00/kg.
The introduction of this first application within SONAR SCI was built with leaders at companies that spend millions of dollars on freight shipping. SONAR Lane Acuity Plus provides lane-level insight into market stability and rate benchmarking , helping participants identify freight rate and capacity risk on a lane. .
New types of freight tech are rising to the forefront of the industry. The sum of that freight tech volume is somewhat ironic – data overload and an inability to manage due to the inefficient use of several systems. However, application programming interfaces (APIs) are bringing insights and freight tech together.
Some of the most cost-effective software and methods supply chain professionals and the best freight brokers can adopt are supply chain predictive analytics programs. Some of the challenges with the supply chain will and already do accurately predict freight’s future. Request a SONAR Demo.
Control over trucking freight rating remains a blip for many carriers, particularly owner-operators and those trying to manage the chaos of a pandemic-stressed industry. Quite simply, freight rating challenges are not a problem limited to trucking carriers. Now, the industry is changing yet again.
The freight market continues to swing upward. It would seem to come down to tracking these truckload freight rate index values. . It would seem to come down to tracking these truckload freight rate index values. . Many enterprises have built unique real-time freight data indices. Defining the freight rate index.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Judah Levine September 13, 2023 Unbox your Freight knowledge. Freight news travels faster than cargo Get industry-leading insights in your inbox. Europe weekly prices increased 1% to $3.07/kg.
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.
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