Logistics Viewpoints

MARCH 30, 2023

In this article, we will discuss why benchmarking is so important, how it works, and how you can use it to maximize your efficiency when shipping goods. Final Thought Benchmarking your freight rates is an essential part of running a successful business in today’s increasingly competitive environment. What is Benchmarking?

Supply Chain Design Software 133

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 133

Shipping and Freight Resource

NOVEMBER 23, 2021

That legislation is meant to regulate the flow of Chinese data overseas and ensure the gathering of such data is minimized, according to state-run media. That legislation is meant to regulate the flow of Chinese data overseas and ensure the gathering of such data is minimized, according to state-run media.

Maritime 98

Maritime Data Military Security 98

Trinity Logistics

SEPTEMBER 28, 2022

From social media, public opinion, company-specific data, and political forums, there’s an unlimited number of news sources available, so finding trusted information is as important as ever. Is this article relevant to what you need? Why was the article written? Each week, Trinity’s Freight Agents receive a Weekly Update email.

Sourcing 112

Sourcing Freight Tips Article 112

FreightWaves SONAR

DECEMBER 15, 2020

What are the biggest contributors to freight spend? Is it freight pricing models, capacity constraints, lackluster carrier density or something else? And while leveraging a freight rate index or ocean import data to lower detention risk , the sheer size of the supply chain makes management difficult at best.

Scenario Planning 105

Scenario Planning Freight Supply Chain Planning Software Supply Chain Software 105

Logistics Bureau

NOVEMBER 1, 2021

Does your supply chain depend on container freight shipping? At Logistics Bureau, we have supply chain consultants available to help you improve volume forecasting and attain the most favourable container freight rates possible, even during this period of pandemic-induced turmoil. Adjust to a Carrier-centric Freight Market.

Negotiating Skills 108

Negotiating Skills Cost Reduction Freight Optimal Sourcing 108

The Logistics of Logistics

MARCH 14, 2023

Original article: PODCAST: Modern Courier Delivery Compliance Considerations: Understanding SOX and SOC Compliance Logistics and supply chain are some of the world’s most complex and regulated industries, which has been further compounded by increasing reliance on data and technology in both fields. What Is SOC Compliance?

Compliance 195

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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 95

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Logistics Viewpoints

AUGUST 19, 2021

Today’s article is from GlobalTranz and looks at the difficult decision of transitioning in-house logistics to managed services. The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. To read the full article, click HERE.

Logistics Network Optimization Software 155

Logistics Network Optimization Software Inventory Reduction Expense Reduction Cost Reduction 155

Trinity Logistics

SEPTEMBER 1, 2021

That data is pretty staggering! From our seats, we’ve noticed that our most successful freight agents have developed certain habits that propel them to success. So, what ARE the habits of successful freight agents? Being a good listener is a vital habit for an independent freight agent’s success. BE A GOOD LISTENER.

Freight 97

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Trinity Logistics

OCTOBER 27, 2022

Do you ever think about what would happen if your very best customer for whatever reason stopped moving freight with you? Many Freight Agents found the first several months of the Covid-19 pandemic a cold reminder of why they should always be sales prospecting for new business. Some Freight Agents’ businesses completely failed.

Freight 102

Freight After-sales Sourcing Strategies Examples 102

Blue Grace Logistics

JULY 17, 2023

from their November 2022 peak of $930 million according to non-seasonally adjusted US Census Bureau data released on Monday. from April, the unadjusted Census Bureau data showed, but no more than expected when accounting for seasonality in the late spring. READ THE FULL ARTICLE HERE Wholesale retailers reduced inventories 1.4%

Inventory Reduction 90

Inventory Reduction Inventory Manufacturing Procurement Resource Reduction 90

Logistics Viewpoints

AUGUST 18, 2022

Today’s article comes from Emerge, and looks at how to create full truckload budgets in a volatile market. Whether it’s for ocean freight, air, rail or truck, the fundamental issue with budgeting is that folks are called upon to assign accurate costs to transportation services that will be provided in the future.

Purchasing Skills 144

Purchasing Skills Scenario Planning Exercises Purchasing 144

Blue Grace Logistics

NOVEMBER 3, 2023

The index correlates growth or shrinkage to overall industry volume of freight shipments and product prices. “We Ultimately, the index is built to provide shippers with relevant data that they can use to improve customer experience, logistics capacity management and budgeting. READ THE FULL ARTICLE In fact, 65.8

Inventory Reduction 97

Inventory Reduction Inventory Ordering Freight 97

Blue Grace Logistics

APRIL 1, 2024

Three technologies have emerged as game-changers for third-party logistics (3PL) and supply chain experts: large language models (LLMs), freight optimization platforms and no-code automation. The answer lies in data. In the ever-evolving world of logistics, data reigns supreme.

Optimal Sourcing 117

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The Logistics of Logistics

MAY 27, 2019

Having the data in the first place is important, and that doesn’t happen overnight. I hope that the ability to integrate different data systems gets better. [30:05] 30:05] Who do you think will be successful among the digital freight brokers? . NEXT Trucking is an emerging player with a lot of cap to freight.

Supply Chain Planning Software 186

Supply Chain Planning Software 3PL Supply Chain Software Logistics Network Optimization Software 186

Logistics Viewpoints

MARCH 9, 2022

A few weeks ago, I wrote an article on the benefits of time slot management. In that article, I highlighted the importance of the network effect on time slot management and related technologies, as well as the main benefits of a time slot management application. This is important for reducing carbon emissions.

Supply Chain Planning Software 171

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Blue Grace Logistics

NOVEMBER 10, 2023

Expedited Freight Questions Answered Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 10, 2023 Whether your organization uses expedited freight shipping every day or occasionally, it pays to understand how to use these services as effectively as possible.

Logistics Network Optimization Software 91

Logistics Network Optimization Software Freight Supply Chain Planning Software Inventory Reduction 91

Blue Grace Logistics

MAY 22, 2024

Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - May 22, 2024 Brian Straight | Supply Chain Management Review May 21, 2024 More shippers are optimistic the market is stabilizing, even as new data suggests freight shipments continue to decline on a year-over-year basis.

Case Study 94

Case Study Inventory Optimization Data 94

Freightos

NOVEMBER 7, 2023

Here at Freightos, our vision is to digitalize international freight–air and ocean. But so far air freight and ocean freight have gone in different directions. There is progress in digitalizing ocean freight, but its been slow and inconsistent.

eBook 116

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Blue Grace Logistics

OCTOBER 9, 2023

Cassidy | JOC.com September 25, 2023 US shippers uncertain about sales and order volumes this holiday season are likely to increase less-than-truckload (LTL) shipments despite lower truckload rates, data from an industry survey suggests. Seasonally adjusted data for merchant wholesalers showed a 1.39 31 earnings call. a year ago.

Inventory Reduction 62

Inventory Reduction Price Reduction Resource Reduction Cost Reduction 62

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. A famous 2010 HBR article, “Roaring Out of Recession,” studied how 4,700 public companies fared during the recessions of 1980, 1990, and 2000. 17% went bankrupt, went private, or were acquired. Reduced working capital.

Waste Reduction 138

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Freightos

AUGUST 19, 2024

This is a huge step in our journey to digitalize global freight and build a more modern foundation for world trade. Crossing one million bookings annually in 2023, we’ve made significant headway in digitizing spot freight pricing and bookings, especially in air cargo.

Optimal Sourcing 105

Optimal Sourcing Logistics Network Optimization Software Optimization Software Procurement 105

3PL Insights

SEPTEMBER 20, 2021

In 1973, the ATA introduced the Truck Tonnage Index, a monthly estimation of the total weight of freight transported by truck in the United States. This article shares details on the Truck Tonnage Index, how the data reflects the overall economy, and other ways to interpret the data. Data Collection.

Trucking 92

Trucking White Paper Procurement Analytics Trends 92

Trinity Logistics

OCTOBER 27, 2023

Currently, we are seeing interest rates above seven percent , and the future freight market is not clear. As a Freight Agent, what should you be doing in this uncertain freight market? 1: Have Access to Data and Know It The first part of this tip should be simple. Like a warm blanket on a cold night.

Tips 62

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Shipping and Freight Resource

NOVEMBER 23, 2020

Carriers struggle to cope with equipment shortages as transshipment ports see an increase in October cargo rollovers, reveals the latest Ocean Insights data. in October 2019, according to Ocean Insights, the world’s leading real-time and predictive ocean container tracking data provider to forwarders and shippers. from 30.4%

Cargo 111

Cargo Optimal Sourcing Data Supply Chains 111

Logistics Viewpoints

AUGUST 29, 2022

In the case of network-based risk management solutions, a network of users is connected to carefully curated real-time alerts generated by connections to a huge number of online publications, social media feeds, and third-party purchased data. One of the players in this market, Resilinc, is monitoring 105 million data sources.

Supply Chain Planning Software 132

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Software 132

FreightWaves SONAR

NOVEMBER 16, 2020

Each week, you’ll learn about another index found within SONAR, the freight forecasting platform from FreightWaves. This week, learn how freight market participants, especially those freight parties who are executing refrigerated shipping moves, rely on SONAR indices that show reefer freight data and activity.

Refrigeration 105

Refrigeration Capacity Outbound Inbound 105

Blue Grace Logistics

MARCH 12, 2024

Expert support is ready to assist with your freight programs. In this article, we will uncover the secrets behind the most popular slots of the year at Yukon Gold Casino and why they have become the go-to choices for players far and wide. Don’t let lack of freight integration stop your progress! Freight Stuck In The Past?

Logistics Network Optimization Software 102

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Blue Grace Logistics

NOVEMBER 15, 2024

It adds that by analyzing revenue forecasts, inventory levels, and order volumes, the index provides industry stakeholders with valuable insights into what to expect in the next quarter and how these trends reflect the freight market. The Q1 2025 data presents a mixed outlook across key metrics,” said BlueGrace. Lockard said the 6.1%

Inventory Reduction 97

Inventory Reduction Price Reduction Resource Reduction Logistics Network Optimization Software 97

Logistics Viewpoints

JUNE 2, 2021

From a historical perspective, transportation management systems are all about freight savings. The new solution no longer requires data to be passed between WM and TM as the two run as a unified application on Manhattan Active technology. The cloud architecture also means access to more data, faster, for better planning execution.

Supply Chain Design Software 31

Supply Chain Design Software Supply Chain Planning Software Optimization Software Transportation 31

Blue Grace Logistics

OCTOBER 11, 2024

The days leading up to Hurricane Milton saw Florida-bound freight diverted elsewhere, with food and beverage and produce customers being the most prominent to send their freight to alternate destinations. If issues persist longer than a week, other parts of the retailer’s network will absorb that freight.”

Supply Chains 102

Supply Chains Optimal Sourcing 3PL Freight 102

Logistics Viewpoints

SEPTEMBER 8, 2021

Billions of venture capital dollars of investment are being poured into companies that can integrate real-time visibility data with transportation to provide a more informed ETA for shippers and carriers. For a truer ETA, companies are using IoT to use sensor data from containers to know when and where a shipment will arrive.

Logistics Network Optimization Software 136

Logistics Network Optimization Software Document Supply Chain Software Scenario Planning 136

Trinity Logistics

AUGUST 3, 2021

If you’re reading this article, more than likely you’re interested in a TMS but are hesitant. A TMS can often end up saving you money in the long term by helping you better manage your freight spend and performance. As mentioned above, most often all your freight is not hauled by the same carrier. No business is too small!

Supply Chain Design Software 138

Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software Procurement Solutions 138

Turvo

AUGUST 24, 2021

Getting a better shipping experience is easy with an optimized supply chain and a robust freight brokerage setup. Creating the perfect supply chain can be a challenge, but freight managers can do some simple yet practical things. Real-time data is critical to the supply chain’s smooth operations day in and day out.

Optimization Software 98

Optimization Software Supply Chain Software Logistics Network Optimization Software Supply Chains 98

Logistics Viewpoints

JANUARY 11, 2023

In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. One of my predictions within that article is that inflation will hinder supply chain resiliency efforts. Inventory Management in a High Inflation Environment ; Clint Reiser. Steve Banker and Chris Cunnane.

Supply Chain Planning Software 152

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 152

Logistics Viewpoints

MARCH 31, 2022

For logistics teams seeking to manage volatility and deliver more predictable, profitable results, five advanced technologies should be in their toolkits: digital control towers, warehouse task automation, warehouse robotics, dynamic price discovery and digital freight bidding. Digital Freight Bidding. Digital Control Towers.

Logistics Network Optimization Software 145

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Modeling Software 145

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It would be folly not to take advantage of data availability and accessibility.

Supply Chain Design Software 104

Supply Chain Design Software Supply Chain Design Distribution Networks 104