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Freight Costs: 5 tips to get the biggest bang for your buck

FreightWaves SONAR

In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.” Measuring performance with transportation KPIs and freight data is getting easier. Budgeting and managing freight costs are critical to overcoming any disruptions and increasing profitability. Think about this.

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Nearshoring & Reshoring Will Continue to Increase Thanks to these Main Benefits

GlobalTranz

Overseas markets are becoming volatile, and the cost of labor in foreign countries is rising steadily. However, many countries still continue to have lower labor costs than the US, and so we still see offshoring by companies who are in the proverbial pursuit to the lowest cost model.