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Ken Adamo and Joe Lynch discuss a trillion dollars in freight transactions. Ken is the Chief of Analytics at DAT Freight & Analytics. DAT operates the largest truckload freight marketplace in North America. About Ken Adamo Ken Adamo serves as the Chief of Analytics at DAT Freight & Analytics.
Kevin Coomes and Joe Lynch discuss navigating the freight downturn in the logistics and transportation space. About Kevin Coomes Kevin Coomes , the Vice President of Sales at Greenscreens.ai, is an accomplished freight tech professional with over 15 years of sales, business development, and start-up experience spanning two countries.
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 Industrial & Systems Engineering from Virginia Tech, an M.Eng.
About Felipe Capella Felipe Capella Co-founder and CEO of Loadsmart , a leading digital freight technology company. Previously advised companies on corporate strategy and M&A in Brazil and New York for 8 years. AI freight management analyzes data, provides ranked insights and recommendations.
Anthony transitioned to a Corporate Economist & Consultant, advising CXO leaders and Fortune 500 companies on economic analysis, industry trends, and internal strategy. He led analysis around M&A, pricing sensitivity, competitive intelligence, and annual sales forecast for the executive team. About FreightWaves.
Applying the strategies and methodologies he learned while serving Fortune 1000 brands as a strategist, Adam brings both creative and practical strategies that move the needle for the mid-market companies he serves. Adam is also an entrepreneur.
Predict and Prevent Freight Damage with Ilya Preston. Ilya Preston and Joe Lynch discuss ways to predict and prevent freight damage. Freight damage is not only expensive and upsetting to customers, but it is also ridiculously hard to figure out where, when, and how it occurred. Key Takeaways: Predict and Prevent Freight Damage.
An efficient supply chain strategy is one that takes every aspect of your supply chain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Inventory Management The key starting point is implementing proper ABC analysis, and you need to look at it from multiple angles.
Chris Pickett is the Lead Market Analyst and Founder of Pickett Research, LLC – an independent market research firm focused exclusively on the dynamics that drive US truckload freight rates. He earned a B.S. in Industrial & Systems Engineering from Virginia Tech, an M.Eng. in Logistics from MIT, and an MBA from Georgia Tech.
Felipe Capella is President, COO and Co-founder of Loadsmart , a leading digital freight technology company. Previously advised companies on corporate strategy and M&A in Brazil and New York for 8 years. While, Loadsmart is one of the leaders in Freight Tech, don’t be surprised if automated shipments become commonplace.
Throughout his tenure, David was instrumental in developing go-to-market strategies, forging strategic partnerships, and defining the company’s visionary roadmap. offers a customizable, AI-powered software solution that revolutionizes how companies manage freight brokerage and logistics. About CloneOps CloneOps.ai
Throughout her career, Sarah has been recognized for developing and executing sales strategies that help clients choose the best products for their needs. It was founded in 1978 and has since become one of the leading platforms for freight matching and load board services. The Greenscreens.ai
and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Mark McEntire is the Senior Vice President of Operations at Emerge , a freight technology firm that is reinventing freight procurement. About Mark McEntire . Mark earned a B.S. About Emerge.
Adjusting current logistics strategies demonstrated the second great challenge of the pandemic. As 2021 begins, new growth and adjustments need freight managers’ attention to start the recovery process. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond.
For companies involved in shipping freight, the combination of order-level management and cost to serve analysis can be a game-changer. Accurate order fulfillment is the foundation of a successful logistics strategy , and it forms the basis for reliable cost to serve calculations. #2.
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.
Lauren is a seasoned maritime attorney and the founder of Squall Strategies , a boutique maritime consulting and legal solutions company and offers a wide range of consulting services to serve a variety of businesses and clients. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC. About Squall Strategies.
His mission is to help craft the firm’s growth strategy while assisting with deal sourcing, capital raising, and the creation of value within portfolio companies. Brown and Sons’ transportation team, AVP – Planning and Analysis at CSX Transportation, Inc., Systems Engineering Consultant with Day & Zimmermann, Inc.,
His mission is to help craft the firm’s growth strategy while assisting with deal sourcing, capital raising, and the creation of value within portfolio companies. Brown and Sons’ transportation team, AVP – Planning and Analysis at CSX Transportation, Inc., Systems Engineering Consultant with Day & Zimmermann, Inc.,
However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. Freight transport cost per shipment.
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? That’s where SONAR SCI Lane Acuity can add the most value and prepare enterprise shippers for true, future-ready bidding strategies. Request a SONAR Demo.
PIB small fleet panel at GATS: Substantial profit can be hard-won in the trucking business, though with diligence around business analysis and cash flow, cost control, freight market wisdom and customer relationships, an independent owner-operator or small fleet owner can set themselves up for long-term success.
That is why the Shanghai Containerized Freight Index (SCFI) recently recorded the highest spot rates in history. The average spot rates and contract rates are continuing to rise according to Alan Murphy of Sea-Intelligence Maritime Analysis. The post Analysis on 2021 Container Shipping Delays appeared first on ShipLilly.
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 strategyanalysis and can identify new market opportunities with little to none native, historical data. It has been recognized by Inc.,
Felipe Capella is President, COO and Co-founder of Loadsmart , a leading digital freight technology company. Previously advised companies on corporate strategy and M&A in Brazil and New York for 8 years. While, Loadsmart is one of the leaders in Freight Tech, don’t be surprised if automated shipments become commonplace.
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.
Transportation Networks and Modal Shifts A good transportation strategy is one of the best ways to reduce emissions. For example, switching from air to ocean freight for non-time sensitive shipments can reduce carbon emissions by up to 95% per unit shipped. Through network optimization. How can we help?
Chris Pickett is the Lead Market Analyst and Founder of Pickett Research, LLC – an independent market research firm focused exclusively on the dynamics that drive US truckload freight rates. He earned a B.S. in Industrial & Systems Engineering from Virginia Tech, an M.Eng. in Logistics from MIT, and an MBA from Georgia Tech.
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.
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. There must be efficient strategies deployed to reduce the spread of pests and different stakeholders must contribute in some way. According to U.S.
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.
Do month-end or quarter-end freight surges affect your transportation costs? Those familiar with transportation know that month-end or quarter-end freight surges commonly occur, and that your routing guide may not work as well as it usually does during those times. What is your strategy for quarter end? Before earning his Ph.D.,
With that in mind, the trucking RFP has come into play as a more significant undertaking for 2021 contracts as the freight market saw volatility in 2020 on the spot market due to historic tender rejections and volumes adding to increased prices. A confident, data-driven trucking RFP undertaking can make a big difference in freight spend.
In the video below, I offer an explanation of the current market landscape and strategies you can implement to help ensure your shipping to Mexico goes smoothly. Robinson account manager for more insights and strategies for shipping in Mexico. Click below to watch the video in English or watch the video in Spanish here.
Freight Transportation Forecast to 2026. Take a look at some of the specifics of the Freight Forecast and how shippers may adapt to the coming increases. Vitals of the Freight Forecast. Some of the highlights of the Freight Forecast include a dramatic increase of 28.6 percent in freight volume within the next 11 years.
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?
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.
The ocean freight contract season is a critical time for businesses involved in global shipping and trade to negotiate advantageous terms and rates for delivering products across international borders. Let’s examine the details of the ocean freight contract season and how companies can successfully manage it.
More Resources Home October 15, 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. Europe – N. America weekly increased 2% to $1.82/kg.
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?
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 .
The good news is there are strategies you can implement to succeed, no matter what condition the market is in. Be sure to visit our North American Freight Market Insights often for in-depth information and analysis about current market conditions—and ways you can prepare for what the market has in store.
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.
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.
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