GlobalTranz

FEBRUARY 24, 2021

Among these, an integrated return management strategy can make or break successful operations. Use Real-Time Data to Inform Your Returns Management Strategy. Of course, more data amounts to increased visibility and, therefore, actionability to prevent disruptions from contributing to higher freight spend.

Cost Reduction 110

Cost Reduction Inventory Reduction Resource Reduction Supply Chain Planning Software 110

FreightWaves SONAR

FEBRUARY 11, 2021

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.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

Trinity Logistics

OCTOBER 19, 2021

Trinity Logistics takes pride in being a leading name among independent freight agents. We have many benefits to offer through our freight agent program, but the one we’d like to talk about today is education. WHY CONTINUED EDUCATION IS IMPORTANT IN A FREIGHT AGENT PROGRAM. CONTINUED EDUCATION OPPORTUNITIES. TECHNOLOGY TRAINING.

Buyer Training 118

Buyer Training Freight Logistics Network Optimization Software Resource Reduction 118

Trinity Logistics

MAY 17, 2024

As a Freight Agent, you might think proof of your business growth is solely measured based on your revenue size. Choosing to look beyond the numbers for growth and instead embracing a growth mindset can revolutionize your approach as a Freight Agent. A curious Freight Agent isn’t afraid to ask why certain routes may be preferred.

Freight 118

Freight Buyer Training Logistics Network Optimization Software Resource Reduction 118

FreightWaves SONAR

FEBRUARY 26, 2021

(Graphics created by Emily Ricks) Successful freight trucking depends on the joining of profitable loads with timely delivery. Of course, measuring revenue through the growing demands for both contract and spot freight transportation is never simple addition and subtraction.

Trucking 96

Trucking Freight Price Reduction Cost Reduction 96

Freightos

JULY 23, 2019

This year alone, Maersk has accelerated its direct-to-shipper strategy, digital forwarders have raised massive rounds (like Flexport’s billion-dollar injection), and platforms for forwarders and carriers – big and small – have continued to pop up almost daily, at least that’s how it seems. Freight Marketplaces: Threat Or Opportunity?

Digital 103

Digital Logistics Network Optimization Software Freight Sourcing Strategies 103

FreightWaves SONAR

APRIL 13, 2021

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. Moreover, Supply & Demand Chain Executive explains , “Developing a point-of-departure strategy for partial and LTL shipments can give small and medium-size businesses delivery costs comparable to the mega shippers.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

GlobalTranz

AUGUST 25, 2015

Freight costs are eminently controllable, however, efficiently managing this major budget item requires expertise. Here are just some of the typical issues that businesses encounter in undertaking self-management of freight transportation management. Skill Set Development. Shipping costs impact all departments' budgets.

Negotiating Skills 109

Negotiating Skills Cost Reduction Optimal Sourcing Resource Reduction 109

FreightWaves SONAR

NOVEMBER 19, 2020

Global supply chains suffer from limited visibility and a general want for supply chain intelligence in carrier sourcing , freight tendering and all other processes. Of course, no disruption comes close to those that have been experienced to date in 2020. Poor supply chain visibility remains a top problem for most supply chains.

Supply Chain Software 105

Supply Chain Software Supply Chains Scenario Planning Sourcing Strategies 105

FreightWaves SONAR

MARCH 12, 2021

Monitoring freight market activity is an integral part of supply chains. Industry-wide and granular freight market data capture capabilities When capturing data from the freight market, carriers need to collect it from every available market and use this information to make improvements for their companies.

Supply Chain Software 97

Supply Chain Software Optimization Software Logistics Network Optimization Software Tools 97

FreightWaves SONAR

FEBRUARY 18, 2021

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.

Waste Reduction 97

Waste Reduction Trucking Freight Optimization Software 97

Logistics Bureau

JANUARY 13, 2025

Well, B2B freight is actually much more complex than that. Transportation Modes in B2B Freight When you’re moving goods between businesses, you’ve got several options in your toolkit. Ocean Freight: This is your global connector. Air Freight: Think of this as your premium express option.

Purchasing Skills 40

Purchasing Skills Negotiating Skills Negotiate Pricing Freight 40

FreightWaves SONAR

FEBRUARY 25, 2021

A certain level of fees and freight rating expenses are standard in shipping and transportation. However, the sheer amount of fees applied in the process to price freight for a load can amount to quite a hefty sum. . ” This means knowing how a carrier or shipper approaches freight pricing. .”

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

FreightWaves SONAR

JANUARY 5, 2021

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.

Data 88

Data Price Reduction Freight Resource Reduction 88

Logistics Bureau

JANUARY 3, 2025

Transportation costs: Freight rates, fuel and labour costs, and other transportation expenses. Competitor intelligence: Distribution strategies and network designs of your competitors. Inventory levels: Current or expected inventory levels at various locations. Inventory turnover: Inventory turns for each SKU.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Design Distribution Networks 75

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 96

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Supply Chain Planning Software 96

GoShip Blog

JANUARY 19, 2021

And while uncertainty still hangs over many businesses, others are adopting new practices to shore up their shipping strategies in a post-COVID marketplace. 2020 proved that there are still steps to be made if businesses are going to build shipping strategies designed to withstand any storms that come over the horizon. .

Strategy 59

Strategy Tips Supply Chain Design Software Supply Chain Planning Software 59

Talking Logistics

SEPTEMBER 20, 2017

Peak season for ocean freight shipping is underway. Here’s an easy way to think about the regular and potential future disruptions that could impact your ocean shipping strategy, and what you can do to prepare for what comes next. At these times of the year, you should see less risk to your standard ocean shipping strategy.

Scenario Planning 92

Scenario Planning Freight How To Negotiating Skills 92

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. Key Features: Basic Auditing.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

GlobalTranz

DECEMBER 28, 2018

That then allows us to create more of that kind of content for our award-winning blog This year we will feature the top blog posts by page views in the following categories: Manufacturing , Logistics , Freight , and the Supply Chain. We will also feature our top white papers of the year, Talking Freight. Share This: Read More.

Blog 74

Blog Freight Optimization Software Network Optimization Software 74

GlobalTranz

NOVEMBER 17, 2015

Editor's Note: This is a blog post about the state of the freight brokering business in 2015. Cerasis is a freight broker and holds a $250,000 TIA Broker Bond. Many shippers have been burned by freight brokers who work on behalf of the shipper for transportation procurement, accounting services , freight claims management , and more.

Freight 84

Freight Price Reduction Sourcing Strategies Resource Reduction 84

FLS Transport

APRIL 22, 2021

The Top 6 Stories in Freight. The hottest stories in freight can be found here, in the Weekly Freight Report: 1. Freight expenditures surge off the charts . March Cass Freight Index data is in. As volumes surged after February weather holdups, freight payments hit a new record- 27.5% higher year over year.

Freight 16

Freight Cost Reduction Supply Chains Course 16

GlobalTranz

AUGUST 10, 2015

As we round out the 5 categories, we come to the place of our expertise: Freight and Transportation Management. As a third party logistics provider squarely focused on freight and transportation management, we also understand that if we only talk about those two categories, we are not thinking well rounded enough. We hope you enjoy!

Blog 86

Blog Freight Price Reduction Cost Reduction 86

GlobalTranz

SEPTEMBER 11, 2015

We continue our series on what makes up a "Best in Class" shipper by taking a deeper dive into #4 and #5 of the 10 areas that "Best in Class" Shippers must master : Freight Spend Management and a focus on LTL Shipping Process. Managing Freight Spend and LTL Shipping Process. What Is Freight Spend Management? Process Management.

Material Savings 94

Material Savings Cost Reduction Freight Resource Reduction 94

GlobalTranz

SEPTEMBER 7, 2017

In the course of international trade, compliance with international trade laws and cultural differences can lead to confusion when interpreting contractual terms and obligations. One of these terms, free or freight on board, also has irony within its name. What Exactly Is Freight on Board? Who Pays the Freight Cost for FOB?

Freight 82

Freight Cost Reduction Purchasing Skills Expense Reduction 82

GlobalTranz

APRIL 27, 2015

As the world becomes hyperconnected , the demand for rapid response for concealed freight damage, general freight damage or missing items from shipments has changed. On April 18, 2015, the National Motor Freight Traffic Assocation® has amended the NMFC rules regarding the required time frames for reporting concealed freight damage.

Freight 92

Freight Document Material Savings After-sales 92

Freightos

OCTOBER 26, 2020

As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . The Post-2016 Strategy: End-to-end Shipping. The Freight Game of Thrones.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Price Reduction 134

GlobalTranz

MARCH 27, 2017

Meanwhile, are freight costs going to rise or decrease? Will Mother Nature throw a wrench into a shipment, causing extra delays or even freight damage? To help your organization thrive, you need to understand why proper packing and packaging keeps freight loss at bay, explains Lou Cortese of Inbound Logistics. The Big Picture.

Freight 79

Freight Material Savings Packaging Packing 79

Shipchain

OCTOBER 20, 2020

In 2018, trucking had its best year in modern times as per the ATA American Trucking Trends 2019 report , with massive increases in freight volume, strong customer demand and spending, new technological advancements, and the overall industry revenue up approximately $96 billion from the previous year. .

Industry 128

Industry Trucking Freight Course 128

GoShip Blog

MAY 25, 2021

What is freight damage? . Damaged freight can affect your customer’s perception of your brand and ultimately, your profits. While many business owners are aware of the negative effects of damaged goods and packages, many still struggle to understand what freight damage is, how it occurs, and how to mitigate risks.

Freight 59

Freight Cost Reduction Document Packaging 59

GoShip Blog

MAY 11, 2021

Regardless of the fluctuations in the freight market, there is a relatively stable pattern when it comes to freight shipping seasons. In freight shipping, the year is divided into four parts and is mainly determined by the demand and the business of freight carriers and shippers. Use information to plan.

Inventory Reduction 89

Inventory Reduction Expense Reduction Price Reduction Freight 89

FreightWaves SONAR

JANUARY 21, 2021

And of course, it hinges on the ability to understand and maintain consistency in your metrics. . Staying focused on goal-oriented freight KPIs can go a long way to help. The biggest barrier to efficiency in supply chain agility rests with an inability to see, capture or analyze freight data.

Data 98

Data Sourcing Strategies Tips Optimal Sourcing 98

CH Robinson Logistics

JULY 8, 2021

Having the right balance of shipping cost and performance to meet customer expectations while preserving margins requires a supply chain strategy that considers your company, markets, and customers. Developing the right strategy and executing it well has numerous benefits for both you and your customers.

Cost Reduction 62

Cost Reduction Sourcing Strategies Meeting Optimal Sourcing 62

Talking Logistics

OCTOBER 9, 2018

More than a year into a freight capacity crisis that shows little sign of weakening, it’s time for all parties involved in logistics and freight transportation to meet this issue head on. Of course, all of this is easier said than done, but new challenges tend to require new strategies and new innovation.

Capacity 79

Capacity Freight Logistics Network Optimization Software Supply Chain Software 79

Freightos

SEPTEMBER 26, 2016

Overcapacity Could Be Maersk’s Salvation … and Strategy. And it seems pretty clear that this strategy will continue to be their path forward. Not maliciously of course, Maersk Line’s profitability grew from -$482 million in 2011 to $2.5 This isn’t a new strategy. billion in 2014. Driven by Technology.

Cost Reduction 102

Cost Reduction Price Reduction Purchasing Skills Logistics Network Optimization Software 102

FreightWaves SONAR

FEBRUARY 16, 2021

Truck fleet management has always been intensely focused on knowledge of the freight market. Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. And freight KPIs can serve as a valuable tool for freight market intelligence.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

GlobalTranz

SEPTEMBER 26, 2018

According to Logistics Management, more parcel carriers are moving heavier parcel shipments to less-than-truckload freight in e-commerce because they’re overwhelmed. This creates a wonderful opportunity for shippers to eliminate the middleman costs by considering the use of less-than-truckload freight options for e-commerce.

Cost Reduction 67

Cost Reduction Expense Reduction Inventory Reduction Resource Reduction 67