ShipLilly

FEBRUARY 12, 2021

That is why the Shanghai Containerized Freight Index (SCFI) recently recorded the highest spot rates in history. Take for example the increased emphasis on the purchase of household goods via e-Commerce platforms. For example, recently the SCFI rate from Shanghai to the East Coast of South America exceeded $8,000 per TEU.

Analysis 105

Analysis Manufacturing Procurement Purchasing Skills Price Reduction 105

MTS Logistics

OCTOBER 31, 2024

Several ways to increase cleanliness of your shipments and lessen the migration of pests via cargo and containers have been brought to light by worldwide freight transport. The emerald ash borer, a devastating wood-boring insect found in China and eastern Asia, is an example of a pest that is expensive to eradicate. According to U.S.

Expense Reduction 101

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MTS Logistics

MARCH 30, 2022

Many of those employed in logistics understand that the industry has a certain level of complexity with day to day movement of freight. Collectively, we hope that these examples and explanations will serve to educate as you venture into the crazy world of project logistics. This project was loading from Galveston, TX to Virginia.

Freight 111

Freight Cargo Examples Scenario Planning 111

Freightos

DECEMBER 20, 2022

The sheer influx in demand, combined with the variety of supply chain stressors, also catapulted global freight to new levels of infamy (although none perhaps as famous as the Suez Canal blockage). Freight rates as a forward looking indicator of CPI. Let’s start by taking a look at global ocean freight prices.

Purchasing Skills 62

Purchasing Skills Analysis Cost Reduction Freight 62

Logistics Viewpoints

SEPTEMBER 4, 2023

Procuring transportation for freight is much different than any other procurement category. The freight market is mercurial. One master of freight procurement is Kyle Masters. Mr. Master’s experience at Simmons Foods illustrates many of the distinct characteristics and challenges related to freight procurement.

Procurement Solutions 110

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 110

MTS Logistics

FEBRUARY 26, 2024

Let’s start with some definitions of what a freight forwarder is. A freight forwarder is a person or company that coordinates and organizes the movement of shipments on behalf of a shipper by partnering with carriers who transport cargo by ships, airplanes, trucks, and railroads.

Freight forwarding 111

Freight forwarding Negotiating Skills Freight Negotiate Pricing 111

FreightWaves SONAR

JULY 24, 2023

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. As a result, freight cost changes go unnoticed and surpass budget limitations.

Cost Reduction 105

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Logistics Bureau

DECEMBER 7, 2024

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.

Cost Reduction 97

Cost Reduction Expense Reduction Price Reduction Negotiating Skills 97

Logistics Viewpoints

AUGUST 14, 2024

Vehicle-to-Vehicle (V2V) communication systems are revolutionizing road safety, especially in the freight, trucking, and logistics industry. Processing and Analysis: Each vehicle processes received data to assess potential collision risks. This creates a network of interconnected vehicles sharing essential information with low latency.

Modeling Software 117

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Dedola Global Logistics

JANUARY 14, 2023

Transloading: A Comprehensive Guide With Client Examples . For example, a shipment of heavy machinery may be transferred from a cargo ship to a truck using a break-bulk method, with the machinery being stored temporarily in a warehouse before being loaded onto the truck for the final leg of the journey. Contact Us. 562) 594-8988.

Examples 66

Examples Cost Reduction Expense Reduction Inventory Reduction 66

ShipLilly

OCTOBER 12, 2022

Personal shippers and businesses should be taking advantage of the opportunities presented by the existence of freight forwarders. For example, a recent survey of 100 randomly selected people showed that many are not conversant with shipping industry terminologies, let alone the services. So, what is freight forwarding?

Freight forwarding 98

Freight forwarding Freight Negotiating Skills Logistics Network Optimization Software 98

Logistics Bureau

JANUARY 3, 2025

Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

Negotiating Skills 96

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Logistics Bureau

DECEMBER 28, 2024

For example, switching from air to ocean freight for non-time sensitive shipments can reduce carbon emissions by up to 95% per unit shipped. This means consolidating shipments to max out load factors, using route optimization algorithms to minimize distance travelled, and shifting to lower emission transport modes. How can we help?

Resource Reduction 75

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MTS Logistics

FEBRUARY 16, 2024

There are many variables affecting ocean freight rate fluctuations. Carriers will want freight rates at higher levels to maximize the profits per-vessel, while BCOs will want to ship with the best possible cost out there. Consumer Demand and Vessel Supply Consumer demand and vessel supply have the biggest impact on freight rates.

Freight 109

Freight Cost Reduction Inventory Reduction Scenario Planning 109

FreightWaves SONAR

DECEMBER 3, 2020

Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. For example, just-in-time fulfillment models, drop-shipping, and cross-docking avoid wasted space.

Supply Chain Planning Software 76

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GlobalTranz

MARCH 20, 2015

Are you looking forward to becoming a master of logistics, handling freight management with increased efficiency? Freight Management will be a far easier task when you know how it all fits in the grand scheme of things. Such a plan will make sure you have better business opportunities in the long run. Be proactive.

Tips 98

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The Logistics of Logistics

OCTOBER 3, 2020

provides transportation management system software to help make freight brokers more profitable – both by helping them bring in more revenue and helping them to operate more efficiently. BrokerWare is a transportation management system (TMS) for Non-Asset Based Freight Brokers. About 3PL Systems. 3PL Systems, Inc.

3PL 221

3PL Logistics Network Optimization Software Transportation Supply Chain Design Software 221

Logistics Viewpoints

MARCH 28, 2022

Autonomous Freight Trucks. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. Not all experts on freight logistics are quite so optimistic that we will have fully autonomous trucks on the road by 2024 like TuSimple is claiming.

Security 21

Security Logistics Network Optimization Software Freight Trucking 21

Freightos

JANUARY 17, 2017

Where Freight is Going in 2017. For decades, international freight’s mantra was a simple bigger is better. Sluggish global trade, reduced import volumes and record overcapacity showed that the global freight industry is in dire need of change. “the global freight industry is in dire need of change.”

Freight 18

Freight Price Reduction Supply Chain Design Software Cost Reduction 18

FreightWaves SONAR

DECEMBER 10, 2020

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.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 95

Dedola Global Logistics

JANUARY 14, 2023

Transloading: A Comprehensive Guide With Client Examples Transloading is a process that involves transferring cargo from one mode of transportation to another during the shipping process. We conducted a cost analysis of truck vs. rail shipping from Long Beach to Chicago. This could have had a significant impact on their profits.

Examples 52

Examples Cost Reduction Expense Reduction Inventory Reduction 52

Shipping and Freight Resource

OCTOBER 21, 2020

Over the years, I have received several queries from readers around the world asking for my opinion and advice on situations relating to shipping and freight fraud. Here are six safeguards to follow against some of these shipping and freight fraud. 1) Know your trading terms. It is NOT a one size fits all solution.

Freight 81

Freight Freight forwarding Case Study Tips 81

FreightWaves SONAR

MARCH 9, 2021

That’s the onus of electronic freight tender trucking data when compared to lagging submitted data that may take 7 to 14 days to come in. The freight market makes real-time decisions, and when it comes to navigating the freight market, they need near-real time data to proactively plan. But that’s not the full picture.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

Trinity Logistics

OCTOBER 31, 2021

A TMS is best suited for companies that spend more than $1 million in freight, use an array of transportation modes, have several locations, get a majority of your freight via the spot market, or manage most of your data through Excel spreadsheets. A TMS has multiple options and breakdowns to give you the best analysis of your data.

Optimization Software 126

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 126

FreightWaves SONAR

MARCH 15, 2021

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. .

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

GlobalTranz

JULY 28, 2021

For instance, managed transportation includes value-added logistics capabilities, including: Logistics consulting and analysis to understand current needs, costs, savings opportunities by mode, benchmarking and implementation or training of new systems. Another Thing to Consider: Network Versus Execution-Level Optimization.

Optimal Sourcing 126

Optimal Sourcing Optimization Software Optimization Supply Chain Design Software 126

Now, That's Logistics

DECEMBER 1, 2020

Securing capacity for global air shipments has become more difficult this year as total freight volumes receded and as carriers reduced their flights as a way to offset that drop in volume. The latter is a particular concern for shippers that rely heavily on air freight. What’s Driving the Trend? Total volume fell by 12.6%

Capacity 78

Capacity Freight Cargo Scenario Planning 78

Logistics Bureau

NOVEMBER 30, 2020

A common conundrum for companies is how to reduce their freight costs, which due to a recovery in demand following the Covid-19 pandemic have skyrocketed. Putting a lid on escalating freight costs has now become more important than ever. Here, in brief, are 12 of them: Define your freight profile. Make an in-depth cost analysis.

Cost Reduction 69

Cost Reduction Negotiating Skills Price Reduction Material Savings 69

WorkWave

OCTOBER 17, 2024

same-day delivery, logistics, courier services, freight) Your mission statement Business objectives and key milestones A snapshot of the market opportunity and how your service fills a need Remember, the goal is to capture attention and make it clear as to why your business will succeed. Competitive Analysis : Who are your competitors?

Cost Reduction 52

Cost Reduction Logistics Network Optimization Software Transportation Purchasing Skills 52

MTS Logistics

AUGUST 21, 2023

The freight forwarding and project cargo sectors, always at the heart of global commerce, are adapting and evolving. Example: Consider the Suez Canal obstruction. But how does this translate to freight forwarding? Deep Dive: The rise of drone deliveries for last-mile connectivity is revolutionizing air freight.

Freight forwarding 97

Freight forwarding Cargo Freight Optimization Software 97

Trinity Logistics

AUGUST 4, 2020

Managed Services is when you outsource your freight and logistics processes to a third-party logistics (3PL) provider, such as Trinity Logistics. Freight spend visibility has many benefits within itself. By analyzing freight spend by lane, companies can learn which of their lanes are not profitable based on transportation costs.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 90

Now, That's Logistics

MARCH 30, 2021

Here are five trends that all shippers should be keeping an eye on as they plan their ocean freight movement in 2021: The container shortage is still in full force, but it may be easing somewhat. Comparing that to March 2020’s prices, CNBC says freight rates from China to the U.S. For the route from Asia to the West Coast of the U.S.,

Trends 148

Trends Supply Chain Planning Software Scenario Planning Logistics Network Optimization Software 148

CH Robinson Logistics

AUGUST 17, 2021

For global freight shippers, managing disruption comes with the job. Instead of having weekly passenger flights that move cargo volume to a wider network of airports in smaller quantities, most freight is now consolidated at larger terminals in bigger quantities via freighters or charter flights. For example, for one C.H.

Supply Chain Software 133

Supply Chain Software Cargo Supply Chains Logistics Network Optimization Software 133

CH Robinson Logistics

SEPTEMBER 28, 2021

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.

Trucking 116

Trucking Blog Supply Chain Planning Software Supply Chain Design Software 116

FreightWaves SONAR

FEBRUARY 16, 2021

Truck fleet management has always been intensely focused on knowledge of the freight market. By using strong management and analysis processes, supply chains can maximize value and stay competitive. And freight KPIs can serve as a valuable tool for freight market intelligence. Streamline data capture and analysis.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

CH Robinson Logistics

MAY 10, 2022

With access to a wide range of loads and valuable information on that freight, it becomes much easier to maximize revenue generating miles. Robinson work with many “shippers of choice” on live load freight to help ensure processes are optimized for minimal dwell time. For example, C.H. Minimize dwell time.

Price Reduction 115

Price Reduction Cost Reduction Survey Availability 115