Freightos

NOVEMBER 15, 2023

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 3% to $2,421/FEU. Europe prices (FBX11 Weekly) increased 11% to $1,381/FEU. Asia-Mediterranean prices (FBX13 Weekly) climbed 1% to $1,551/FEU.

Price Reduction 118

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 118

FreightWaves SONAR

APRIL 1, 2021

That gave rise to a new time pricing strategy, dimension (DIM) pricing. . Density plays a role in the form of dimensional pricing. DIM pricing considers cubic volume in addition to physical height, width and depth of packages as a factor for price calculations. Capture pricing data for LTL freight.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

FreightWaves SONAR

JANUARY 5, 2021

Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Freight data reduces dwell time and load time. Operational costs continue to increase for carriers year to year.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

FreightWaves SONAR

FEBRUARY 25, 2021

However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. ” This means knowing how a carrier or shipper approaches freight pricing.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

Freightos

NOVEMBER 28, 2023

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $2,362/FEU. Europe prices (FBX11 Weekly) fell 6% to $1,211/FEU. Asia-Mediterranean prices (FBX13 Weekly) were level at $1,492/FEU.

Negotiating Skills 112

Negotiating Skills Price Reduction Vendor Strategies Resource Reduction 112

Locus

JUNE 16, 2023

Fuel costs: Last-mile fuel costs require careful management as they make up 25% of a truck’s operational costs over volatile price fluctuations. Read also: A Study of Unit Economics in Last Mile Delivery Is it essential to reduce last-mile delivery costs for vehicles? These include: 1.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

FreightWaves SONAR

JANUARY 25, 2021

For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption. Remember that carrier pricing is subject to the following: Market conditions can change quickly and shift hour by hour at times. . Click the button below to request a FreightWaves SONAR demo.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

FreightWaves SONAR

MARCH 2, 2021

And if shippers know more about how carriers price freight, they are better able to identify those trends based on market signals and pre-empt carrier pricing changes. . Generate stronger, more proactive carrier pricing strategies based on near-real-time data insights . Request a SONAR Demo. Consider this fact.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Freightos

DECEMBER 6, 2023

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) were also level at $2,367/FEU. Europe prices (FBX11 Weekly) increased 3% to $1,243/FEU. Asia-Mediterranean prices (FBX13 Weekly) rose 12% to $1,670/FEU.

Negotiating Skills 118

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 118

Freightos

JANUARY 15, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. It may be off a lower-than-normal base price but for importers and exporters suffering from lower sales, it’s almost certainly troubling news. The regression in pricing wasn’t just due to lower demand.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 127

WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. What Is Order Management?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Ordering 52

FreightWaves SONAR

MARCH 4, 2021

Yes, the need for shipping demand analytics is not new and was echoed in 2013 by Industry Week , “Relying on traditional supply chain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures and ever-increasing customer expectations. Request a SONAR Demo.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

Freightos

NOVEMBER 19, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Judah Levine November 19, 2024 Get Started Weekly highlights Ocean Rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $5,345/FEU. kg China – N. Europe – N.

Negotiating Skills 62

Negotiating Skills Price Reduction Data Resource Reduction 62

FreightWaves SONAR

FEBRUARY 5, 2021

(Graphics created by Emily Ricks) Carriers frequently find themselves frustrated when costs eat away at their profits and they have limited pricing visibility. Financial losses or declining profitability certainly make cost-cutting a priority. Using freight indices assists significantly in finding the most appropriate pricing ranges.

Expense Reduction 105

Expense Reduction Cost Reduction Price Reduction Waste Reduction 105

Freightos

FEBRUARY 28, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Traditional fixed-price contracts, once the bedrock of stability, are yielding to the pressures of market dynamism, unable to keep up with the factors impacting the markets. Get Your Custom Report Now!

Negotiating Skills 62

Negotiating Skills Price Reduction Vendor Strategies Optimal Sourcing 62

Freightos

DECEMBER 13, 2023

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) climbed 5% to $2,497/FEU. Europe prices (FBX11 Weekly) climbed 18% to $1,466/FEU. Asia-Mediterranean prices (FBX13 Weekly) increased 29% to $2,161/FEU.

Negotiating Skills 117

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 117

Freightos

APRIL 16, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Judah Levine April 16, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $3,288/FEU. America weekly prices increased 69% to $6.17/kg

Price Reduction 126

Price Reduction Resource Reduction Data Logistics Network Optimization Software 126

FreightWaves SONAR

FEBRUARY 4, 2021

There’s a broad range of options to reduce rates and increase carrier revenue. Track truckload freight accessorial costs As reported by Inbound Logistics , “Carriers price accessorials, such as liftgate or non-commercial delivery, at a premium. Review transportation pricing and contracts regularly.

Optimization Software 98

Optimization Software Negotiate Pricing Negotiating Skills Optimization Modeling 98

FreightWaves SONAR

MARCH 16, 2021

This means that companies with access to near-real-time data could potentially save by the elimination of lagging data. Spot data and contract data, including paid invoice rates, come together to fuel your strategy. Fuel and energy data also provide useful information in preparing a strategy. Request a SONAR Demo.

Expense Reduction 93

Expense Reduction Price Reduction Data Capacity 93

FreightWaves SONAR

FEBRUARY 22, 2021

They tend to follow similar lines and influence services and prices throughout transportation networks. According to Supply Chain 24/7 , “ truckload service optimizes trailer space and moves freight [without extra stops that will] eliminate wasted trips, reducing greenhouse gas emissions by up to 40%.”

Price Reduction 75

Price Reduction Supply Chain Planning Software Waste Reduction White Paper 75

FreightWaves SONAR

DECEMBER 22, 2020

Shippers want a significant reduction in the stress of logistics. 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. Request a SONAR Demo.

Optimization Software 105

Optimization Software Optimization Tips Price Reduction 105

FreightWaves SONAR

FEBRUARY 10, 2021

How carriers create data-driven pricing strategies. Request a SONAR Demo. To help carriers learn how to apply and deploy data more effectively, this white paper will explore: The uses of data to allocate and manage assets. The applications of analytics to navigate market volatility.

White Paper 98

White Paper Optimization Software Data Price Reduction 98

FreightWaves SONAR

FEBRUARY 8, 2021

Figuring out the best strategy for managing fleet assets can be difficult at best. Unlike contracted rates, the spot freight market is full of wild price swings and uncertainty. Even with the big decline last year, spot prices have averaged 2%. Consideration of backhaul opportunities to eliminate deadheading in trucking.

Price Reduction 94

Price Reduction Freight Resource Reduction White Paper 94

Freightos

MAY 28, 2024

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. May 28, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 13% to $4,917/FEU. Europe prices (FBX11 Weekly) climbed 6% to $4,876/FEU.

Price Reduction 118

Price Reduction Expense Reduction Resource Reduction Data 118

Freightos

JUNE 11, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. Europe prices (FBX11 Weekly) increased 23% to $6,163/FEU. Asia-Mediterranean prices (FBX13 Weekly) climbed 24% to $6,971/FEU. America weekly prices increased 3% to $5.57/kg. Prices from Asia to N.

Price Reduction 118

Price Reduction Data Logistics Network Optimization Software Freight 118

FreightWaves SONAR

MARCH 1, 2021

Awareness of these challenges can ensure that shippers and LSPs remain prepared for market deviations and overall freight pricing changes. Pricing alignment. Pricing alignment makes for one of the more complicated challenges for asset-based trucking. The volatility makes it difficult to assess pricing. Think about it.

Expense Reduction 98

Expense Reduction Price Reduction Trucking Cost Reduction 98

Freightos

JULY 30, 2024

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Judah Levine July 30, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $7,628/FEU. Europe prices (FBX11 Weekly) fell 1% to $8,369/FEU.

Price Reduction 118

Price Reduction Supply Chain Software Data Freight 118

FreightWaves SONAR

FEBRUARY 26, 2021

Without clear insight into current activity, carriers cannot price loads effectively and will see declines in overall profitability. According to Trucks.com , “But reducing the number of miles that carriers drive empty – also known as deadhead miles – has proven to be a more elusive challenge. Request a SONAR Demo.

Trucking 96

Trucking Freight Price Reduction Cost Reduction 96

Freightos

MAY 15, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Judah Levine May 15, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 14% to $3,873/FEU. America weekly prices increased 8% to $5.86/kg.

Negotiating Skills 116

Negotiating Skills Price Reduction Data Capacity 116

Freightos

JANUARY 10, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Asia-US East Coast prices (FBX03 Weekly) increased 58% to $3,980/FEU. Europe prices (FBX11 Weekly) increased 176% to $4,391/FEU. Asia-Mediterranean prices (FBX13 Weekly) increased 115% to $5,169/FEU.

Negotiating Skills 117

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 117

FreightWaves SONAR

FEBRUARY 2, 2021

Improve end-to-end visibility to reduce idle time and wasted resources. Analytics-driven processes must continue to remain the primary strategy for all managers today to improve profitability and increase revenue per driver and per load. Idle and dwell time during loading and unloading can get reduced. Price per mile driven.

Tips 98

Tips Waste Reduction Cost Reduction Operations 98

FreightWaves SONAR

JANUARY 26, 2021

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. When the freight market meets expectations and is less volatile, it is easy for shippers and carriers to not look at inefficient processes or their transportation procurement strategy.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

Freightos

OCTOBER 8, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Europe prices (FBX11 Weekly) fell 20% to $4,075/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 13% to $4,476/FEU. America weekly prices increased 20% to $7.07/kg. China – N.

Negotiating Skills 112

Negotiating Skills Price Reduction Inventory Reduction Resource Reduction 112

Shipchain

MARCH 13, 2019

Supply chain leaders can validate payments for goods through blockchain, thereby reducing fraud. Eliminating an intermediary for managing pay means truckers rest assured knowing their payment for work performed is processed, minimizing the risk of disputes, says Mark Castellani via Medium. Trucks in the U.S.

Supply Chain Planning Software 119

Supply Chain Planning Software Waste Reduction Logistics Network Optimization Software Freight 119

Freightos

JANUARY 3, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. The US has indicated that the naval force will use a defensive strategy to secure the waterway, while the Houthis have threatened to attack US Navy ships if Houthi positions in Yemen are targeted.

Negotiating Skills 139

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 139

FreightWaves SONAR

APRIL 5, 2021

Increasingly, however, it is also critical for shippers, brokers, and carriers to know when rates ebb and flow allowing freight market participants to adjust budget forecasts, know how a carrier prices freight rates, and understand the services offered to justify the rates carriers are offering. Request a SONAR Demo.

Negotiating Skills 94

Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94