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Key Takeaways: An Alternative to UPS and FedEx Mark Lavelle is the Chief Executive Officer at Maergo, a first-of-its-kind parcel delivery platform, purpose-built for branded direct-to-consumer delivery using modern technology and advanced data capabilities. In the podcast interview, Mark and Joe discuss alternatives to UPS and FedEx.
A massive underutilization of capacity that lead him to start Onward! Described as the OpenTable of the box truck industry, Onward leverages a series of final mile TMS integrations to understand the real-time driving direction, capacity and performance of the big and bulky providers in their network.
We follow an exhaustive list of supply chain and logistics blogs to make this possible. If you want to start learning, we suggest you check out these top logistics and supply chain blogs. Top Logistics and Supply Chain Blogs We Love. The site highlights trucking concerns, such as the capacity shortage, the talent gap, and more.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Some observers anticipate that the strike will still lead to some capacity and equipment shortages at Asian origins in early November. Freightos Air index data shows Middle East – N.
The SONAR Lane Score is now available in Descartes Macropoint Capacity. Direct access to SONAR Lane Score within MacroPoint Capacity helps brokers maximize efficiency by bringing in useful data into one platform. Descartes’ MacroPoint Capacity allows a broker to see assets throughout the U.S. freight markets by lane.
Before we close the curtains on 2021, we thought we’d revisit ten of our most popular blog posts that resonated with our readers, capturing the challenges and opportunities of an unparalleled year of disruption across the supply chain. Without further ado, here are GlobalTranz’s top posts of 2021: #1.
Some areas in Florida have shelter-in-place orders, likely limiting available trucking capacity and shipper operations throughout the end of the week. Since more out-of-state carriers are providing services and taking routes outside of their standard area, that takes capacity out of the market and can drive up prices, according to Williford.
This begs the question: Even if the industry gets more truck drivers, just how much is enough to relieve the strain on trucking capacity? 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.
Together, they break down the latest shifts in rates, the current state of capacity, and how unexpected weather events , like the rare snowstorm in North Florida, are affecting shipments across the country. The Role of Technology : How data, AI, and visibility tools are helping companies stay agile in an ever-evolving environment.
This is further processed into even more intricate calculations for a computer to understand, which is all data. Data is raw facts, figures and statistics that is further processed to produce useful output, known as information. The exponential growth of data. Data-driven manufacturing and distribution.
If drayage and warehousing teams are aligned on schedules, volumes, and receiving capacity, they can plan for efficient handoffs. Your drayage partner has visibility into warehouse capacity and congestion , so trucks arent dispatched into logjams. When a truck is forced to wait at the warehouse gate, detention charges follow.
To reduce the risk of supply chain disruption , shippers need to know what it means for their operation going into the start of May and how to use the right services to find available capacity before the CVSA roadcheck storm arrives. Consolidate parcel and LTL freight to reduce wasted space and tap additional capacity.
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. The reasons for a carrier to reject the load tender are: 1) lack of trucking capacity; and 2) the rate is too low.
With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. The incredible insights that accurate data has to offer combats volatility and unearths a clear understanding of what’s actually happening in the market. Those are the founding principles behind SONAR SCI Lane Acuity.
Supply chain intelligence and actionable insights must apply the most accessible, near real-time data available. Analytic data resources for brokers are great, but it’s equally important to realize that FreightWaves SONAR is much more than a broker-exclusive resource. Market dynamics of freight management can turn on a dime.
To reap the rewards of a data-driven e-commerce returns strategy, logistics leaders should follow these steps: Keep all stakeholders working together and sharing the right information with related communications via API-integrated systems. Continuously measure performance with returns key performance indicators.
Mexico trade is presenting both opportunities and challenges in infrastructure and capacity. This session dives into the tools, strategies, and market shifts that are transforming cross-border logistics, offering valuable insights into the future of the industry. Navigate the Growth in Nearshoring: Understand how the growth in U.S.-Mexico
(Graphics created by Emily Ricks) There are ample opportunities to take advantage of spot versus contract freight data insights. Spot freight provides a short-term way to source capacity and boost procurement outside of contracted rates whether TL or LTL. And as mentioned, that TMS data becomes a key SONAR data source.
Global trade data and shipping demand management are not just things that high-tech companies and international investors need to worry about. This focus makes proper use of global trade data and analytics so vital for continued recovery and growth throughout the supply chain network. Streamline data collection and analysis.
Goods for the holiday shopping season are largely already stateside, which has led to a decline in our forward-looking ocean bookings data. Both factors highlight the very tight capacity environment heading into peak season, which will likely get even tighter during the next two months. Request a SONAR Demo. Request a SONAR SCI Demo.
Here are 10 shipper of choice tips to help enterprises secure capacity and improve relationships with carriers, not to mention transportation brokers. Respond to issues, deviations and problems with data. Apply these shipper of choice tips to increase eligibility for this status with freight data at your fingertips.
Navigate Operational Challenges: Gain a clearer understanding of drop trailer capacity, commodity trends, and lessons learned from recent market disruptions. Key Takeaways: Optimize Your LTL Experience: Discover actionable insights on adapting to evolving trends and improving efficiency based on expert advice and market shifts.
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.
This is seen exceptionally well when looking at rail capacity and transportation rates for the modern supply chain. Data access and analysis continue to be essential to competitive operations within the process of monitoring rates and expenses in intermodal shipping lanes.
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.
Maintaining good compliance to these informational guides is critical to supply chain management and relies heavily on current data and automation. Missing data amounts to inevitable routing guide failures Data is king in today’s ever-changing market, and it is only becoming more vital for supply chain operations and management.
“What’s the best way to use data to beat your competition as a freight brokerage business?” That’s regardless of whether it’s an asset-based broker or just someone who works with a company to source capacity. Nevertheless, it all adds up to a greater demand for integrated systems and real-time data. Download the White Paper.
Reaching mutually beneficial service level agreements (SLA) or trade agreements depends on the access and utilization of current logistics data and a decent amount of preparation. Far too often, there is a severe lack of real-time logistics data to work with during this process. Download the White Paper.
A great deal of the cost that goes into shipping gets tied up in securing load capacity and budgeting for fees and expenses incurred along the way. Understanding why rate forecasting is so vital and how accurate data and analysis can help improve predictions are essential. Download the White Paper.
Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Many were expecting rates on these lanes to have spiked, possibly to extreme highs, by now given the demand strength and strain on capacity seen even during the typical slow season this year. Europe – N.
Big data and predictive freight rates in the digital supply chain are nothing new. Nearly all shippers, brokers and carriers collect and use data to derive insights, including predictive rates. Unfortunately, the most robust applications of that data will quickly diminish in value as data ages. Download the White Paper.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Diversions and disruptions leading to tight capacity on the overall network level help explain the elevated rates observed even on non-Suez Canal lanes. Europe prices (FBX11 Weekly) increased 6% to $3,550/FEU.
In this edition of “SONAR Indices & Insights,” readers will learn about FreightWaves SONAR’s Weighted Rejection Index (WRI) to monitor trucking capacity in the freight market and the impact rejections have on shipping rates. What does WRI say about capacity and shipping rates? What is the Weighted Rejection Index (WRI)?
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. The port is reactivating an out of use terminal to increase capacity and help get to the more than forty vessels currently waiting as many as seven days for a berth. Europe – N. America and Europe.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. With capacity already tight due to Red Sea diversions, rates last week climbed to $4,151/FEU to N. Asia-US East Coast prices (FBX03 Weekly) climbed 8% to $5,093/FEU. China – N. Europe – N.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Carriers will blank even more capacity – about 20% announced so far – in October to try and push rates back up even as volumes likely decline on this lane too. Freightos Air Index data show Asia – N.
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. This decrease in pressure is likely partially due to major carriers and new, smaller entrants adding capacity to transpacific and Asia – Europe services as demand and spot rates surged in the last two months.
Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. If demand is easing as capacity continues to increase, carriers will face further challenges to keeping rates elevated. Judah Levine September 13, 2023 Unbox your Freight knowledge. China – N.
Data for the BlueGrace Logistics Confidence Index is aggregated through a survey of shippers and reflects all freight transportation modes, while correlating growth or shrinkage to the overall industry volume of shipments and the price of products, according to BlueGrace. BlueGrace SVP of Managed Services Jason Lockard said that the 5.9%
Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. The Port of Chittagong, Bangladesh’s major container hub, closed briefly and then operated below capacity for much of the week. Asia-US East Coast prices (FBX03 Weekly) fell 2% to $9,480/FEU.
Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Peak season demand coinciding with Red Sea-driven capacity constraints and congestion has now pushed Asia – N. Asia-US East Coast prices(FBX03 Weekly) climbed 6% to $8,787/FEU. kg China – N.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Most observers expect rates to remain well above normal levels while diversions continue, as carriers are facing higher costs and the longer routes soak up capacity. Europe weekly prices increased 32% to $3.93/kg.
Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. With peak season now behind us, transpacific rates nonetheless continued to climb moderately from their October lows last week as carriers seek to keep vessels full by reducing capacity. kg China – N.
Blockchain’s tamper-proof nature eliminates any concerns over data validation, costs of managing data, time delays, and human errors. Decentralized data in blockchain also enables real-time visibility into the supply, applicable to optimized supply chain management. Instead of isolating data, shared data empowers all parties.
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