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

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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.

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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

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Logistics Bureau

NOVEMBER 22, 2021

Shipping air inside expensive freight containers has never been a cost-effective approach to transportation. Today though, in the wake of the COVID-19 pandemic, it’s even more critical to try and improve capacity utilisation , given the skyrocketing costs of container freight shipping.

Freight 111

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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. Indicator 2: Freight Spend Seems to Be Spiraling Out of Control. Another indicator of switching from in-house to managed logistics transportation services is expanding freight spend. Take an example.

Logistics Network Optimization Software 155

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ShipLilly

SEPTEMBER 30, 2021

As customers and shippers search for ways of sidestepping the minefield of logistical problems that are so commonplace in the industry today, the freight forwarder is more essential than ever before. This article explores some of the benefits of working with a freight forwarder.

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ShipLilly

AUGUST 24, 2021

The complexity of shipping schedules means that there is an increasing number of businesses that are reliant on the freight forwarding sector. It is beneficial to use freight forwarders in certain circumstances. For a new or small business, it can be a daunting task to take on a freight forwarder for the first time.

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Trinity Logistics

OCTOBER 16, 2023

Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. An example can be seen the Los Angeles market. Imports on the Rebound? For the past 14 months, much of the conversation around U.S. container import volume has been gloomy.

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Turvo

OCTOBER 21, 2021

What’s in the article: This blog covers the following topics : How the price rise has impacted businesses during the pandemic . Reason for the drastic increase in freight prices . Probable events that will lead to a downfall in freight prices. Freight prices have climbed over 500% in the last year. .

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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?

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Bulk Connection

JUNE 15, 2023

Some people in the trucking and freight industry even see load boards as a prime example of modern technology that helps people work more efficiently and intelligently. In this article, we’ll examine load boards in detail and tell you why we have such trepidation about recommending them to shippers and carriers.

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FreightWaves SONAR

MARCH 22, 2021

Big data and predictive freight rates in the digital supply chain are nothing new. Regardless of segment, the need for technology and insight via real-time predictive freight rates that can explore the specifics are critical to success. Even worse, predictive freight rates using outdated data may do more harm than good. .

Data 98

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Kanban Logistics

OCTOBER 22, 2020

Fortunately, third-party logistics (3PL) companies that offer cross dock freight solutions can help you keep your product moving throughout peak season and beyond. In this article, we’ll examine some of the key benefits of 3PL cross docking. What are 3PL cross dock freight solutions? Cross docking helps with late appointments.

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Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally.

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Trinity Logistics

JUNE 20, 2023

Freight is always on the move, every single day, seven days a week, 24/7. There are different types of ways to move freight, whether it’s shipping international, drayage, truckload, or intermodal, all have different paths to the same destination. But what about those last-minute shipments or freight that has a quick turnaround?

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FreightWaves SONAR

DECEMBER 21, 2020

In this edition of “SONAR Indices & Insights,” the SONAR team will explain another index found within SONAR, the freight forecasting platform from FreightWaves. In this article, you learn what the RESL Index is, what it may tell various freight market participants, and what the RESL Index can do for each freight market participant.

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Trinity Logistics

MARCH 27, 2024

If you’re considering a flatbed trailer for your shipment, how do you know which one is best for your freight? This article will help you answer just that. Read on to better understand the different kinds of flatbed trailers that are available so you can make an informed decision on which one your freight needs.

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Freightos

JUNE 15, 2021

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. More freight costs, higher consumer costs.

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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.

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ShipLilly

OCTOBER 10, 2020

This article explores some of the tips that you can use to effectively ship furniture. For example, UPS and FedEx have a policy of accepting packages that weigh as much as 150lbs. For example, USPS can ship boxes that are as long as 108 inches, as long as the combined length and girth do not exceed 130 inches.

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Blue Grace Logistics

APRIL 20, 2023

Freight Claims 101 Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - April 20, 2023 Freight claims are an inevitable aspect of shipping cargo. What’s in the article: What is a freight claim?

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Logistics Viewpoints

JUNE 17, 2021

Today’s article is from GlobalTranz and explores white glove services in transportation management. There are tiers for rates, mode, and freight class, but there’s another layer of logistics. Refrigerators, large household appliances, furniture, and expensive electronics are examples. To read the full article, click HERE.

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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.

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Trinity Logistics

FEBRUARY 23, 2024

Successful goal-setting is a necessity for Freight Agents to run prosperous businesses. If you perform a web search on the “ Fresh Start Effect ”, you’ll find a lot of articles and studies on the impact that a Fresh Start Date has on goal setting. This is a designation set aside for Agents that hit production goals in a calendar year.

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Turvo

NOVEMBER 16, 2021

During the holiday shopping season, sky-high ocean freight rates are major contributors that will strain the industry and shoppers alike. Other intermittent bottlenecks such as port shutdowns and freight policy changes will add to the shipping industry’s woes. The Rippling Effect of the Covid-19 Pandemic and Other Shipping Challenges.

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MTS Logistics

SEPTEMBER 8, 2023

For example: The global GDP growth rate for 2021 was 6.02%, a 9.1% According to a recent article, Maersk Line is expecting container volumes to drop by 4% in 2023 globally, while their previous forecast was 2.5%. increase from 2020. The global GDP growth rate for 2022 was 3.08%, a 2.94% decline from 2021.

Analysis 99

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Turvo

DECEMBER 7, 2021

Why is freight pricing reaching historical records? According to the Shanghai index (SCFI) , freight is around $2,900 for twenty-foot containers (TEUs), almost three times the $1,000 registered in the first week of January 2020 and 3.6 In essence, all these factors add up to increased pressure on short-term freight rates.

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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.

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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? As a Freight Agent, this is where you can come in as a valuable resource for your shipper and carrier relationships.

Tips 62

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Logistics Bureau

MAY 8, 2023

Is your company one of the many that take a minimalist approach to freight management? Yes… I did say minimalist, not lean. When I say minimalist, I’m talking about the many companies which, while reliant on freight to keep supplies coming in and products going out, don’t see freight management as a core competency.

Negotiating Skills 62

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Trinity Logistics

JUNE 20, 2023

Freight is always on the move, every single day, seven days a week, 24/7. There are different types of ways to move freight, whether it’s shipping international, drayage, truckload, or intermodal, all have different paths to the same destination. But what about those last-minute shipments or freight that has a quick turnaround?

Freight 62

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Freightos

APRIL 27, 2023

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

Data 62

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Logistics Bureau

OCTOBER 10, 2022

Those are the precise questions we’ve set out to answer in this article. For example, you can optimise for cost, profit, or service, but not for all of them. In that case, please read on, as the rest of this article is dedicated to explaining the nine fundamental factors typically contributing to suboptimal inventory levels.

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FreightWaves SONAR

FEBRUARY 8, 2021

In this edition of “SONAR Indices & Insights,” the SONAR team describes how freight market participants can view a leading indicator of incoming ocean shipments before they leave the port of origin. This is possible using the new Ocean TEUs indices found in SONAR, the freight forecasting platform from FreightWaves. .

Outbound 98

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3PL Links

DECEMBER 10, 2024

LTL ( Less than truckload ) S hipping is one of the best flexible and cost-effective ways to start your freight delivery in logistics. This article will provide a detailed reference to LTL shipping, including the definition of LTL, shipping prices, delivery method, and how to manage your LTL shipment to the fullest. How does it work?

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Shipping and Freight Resource

DECEMBER 30, 2020

Welcome to the last article of “annus horribilis” = 2020. For example, if the quote is requested by the buyer/consignee of the goods from FOB Durban, they would be expecting the shipping line to be quoting only from the time the goods are on board the ship in Durban. Article republished after critical updates.

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IoT World Today

MAY 24, 2021

Key takewways in this article are the following: As technology and geopolitical risks converge, cyberthreats of all kinds become more prevalent and costly, from ransomware to trade-and-tariff wars. The global supply chain, for example, has been hit hard over the past 15 months, creating supply shortages and imbalanced demand.

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