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Demo Perez and Joe Lynch discuss Panama: the logistics engine of Latin America. Demo is a Founding Partner and Chief Commercial Officer of IPL Group , a Panama based 3PL that helps companies expand their business into the Latin American market by simplifying order fulfillment and regional distribution.
Dave is the Director of Product Management at Revenova, the industry’s exclusive provider of CRM-powered transportation management systems (TMS) for freight brokers, 3PL/4PLs, carriers and shippers. Serving the industry since 2014, Revenova caters to businesses of all sizes, partnering with leading North American 3PLs.
Sean Smith and Joe Lynch discuss scaling your SMB freight brokerage. Sean is VP of Product at Denim , a trusted freight factoring partner on a mission to advance the supply chain by accelerating the movement of money and data. The role of freight factoring and back-office solutions for managing finances.
Kevin Coomes and Joe Lynch discuss navigating the freight downturn in the logistics and transportation space. About Kevin Coomes Kevin Coomes , the Vice President of Sales at Greenscreens.ai, is an accomplished freight tech professional with over 15 years of sales, business development, and start-up experience spanning two countries.
Corey is the Chief Growth Officer and his team lead enterprise initiatives at PortPro, an innovative technology company that keeps the drayage industry moving efficiently with its operating platform built for drayage trucking companies, brokerages, and those that do both. for more information and to schedule a demo.
Michael is the CMO and Co-founder of Revenova , the industry’s exclusive provider of CRM-powered transportation management systems (TMS) for freight brokers, 3PL/4PLs, carriers and shippers. The company provides CRM-powered transportation management solutions (TMS) for freight brokers, 3PLs, carriers and shippers.
Ed is Co-founder & CEO at Newtrul , a technology company helping increase efficiencies in the trucking industry with a digital freight-aggregation platform. Ed Stockman is the Co-founder & CEO at Newtrul, a technology company helping increase efficiencies in the trucking industry with a digital freight-aggregation platform.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
Flexibility in a Volatile Market: As pricing and freight capacity fluctuate, procurement professionals need to adjust rates quickly without lengthy RFP processes. This innovation is part of Freightos’ vision for comprehensive freight digitization, bolstered by its acquisition of Shipsta. Why Rate Refresh?
More Resources Home October 22, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe weekly prices were level at $3.81/kg. Europe – N.
There have been significantly more mergers and acquisitions in recent years in freight forwarding, including “TFI International’s $800-million acquisition of UPS Freight; Uber Freight’s $2.25-billion Increasing Competition in Freight Forwarding. billion purchase of Transplace; DP World’s $1.2-billion A Talent Shortage.
Ian Arroyo April 29, 2025 Blog As Freightos’ Chief Strategy Officer, I’ve had the privilege of witnessing firsthand how the logistics industry has transformed since COVID-19 disrupted supply chains worldwide. Unify, Automate, Thrive Automate tendering, benchmark rates instantly, and book freight in one solution.
“What’s the best way to use data to beat your competition as a freight brokerage business?” Freight brokers are continually looking for the latest and greatest ways to add value and keep costs under control through new freight brokerage software. SaaS-based freight brokerage software is critical to staying competitive.
And even the freight management analytics of five years ago do not necessarily respond well to today’s shifting and changing market. And that all begins with deploying advanced freight management analytical resources and tools that actively work to lower all risks, ranging from detention through final mile management.
Load capacity limits play a crucial part in a supply chain network organization, logistics metrics management, and procurement in the shipping industry. And freight transportation is increasingly done “on the fly.” Procurement in the shipping industry faces several problems without technology. Download the White Paper.
When it comes to establishing truckload freight quotes for customers, it is essential to use automation to get the most accurate results and offer the most competitive rates. To that end, let’s take a closer look at the value of truckload freight quotes that use automation. Automated truckload freight quotes reduce delays.
Due to the ramifications of the COVID-19 pandemic over the last year, the freight business has experienced marketplace volatility. The logistics industry has taken a bit of a hit as a result of these unprecedented circumstances. Why reefer depends on the balance of freight from other modes, as well as dry van and flatbed.
10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Original Article: 10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Every industry has dealt with the fallout or repercussions caused by COVID-19 -related disruptions to the supply chain.
(Graphics created by Emily Ricks) Responsible freight management parties have a duty to understand how their enterprise goals impact others. These include: Risk of higher freight spend through waiting costs. USA and IMCSIF.USA to prioritize your use of intermodal based on accurate freight market rates. Risk of loss at terminals.
Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success.
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently. Leadership Perspective We’re not just changing a name.
Companies in the over-the-road trucking industry constantly strive to boost efficiency. However, increasing freight management efficiency can come in several different forms and can present a difficult challenge. Empty backhauls result from poor decision-making with regards to the areas that the freights travel.
And one of the easiest ways to keep up-to-date with the latest news and trends is to follow the available top freight podcasts. Managers, team members, and anyone involved in freight tracking, shipping, logistics or management can benefit from the information and insight provided in these great freight, logistics, and supply chain podcasts.
Without adequate data and information on the freight market, shippers can find themselves in the same disadvantageous position as Mr. David. Shippers’ primary operation is not moving freight; it’s processing food, or manufacturing auto parts, or selling office supplies. Request a SONAR Demo. Request a SONAR SCI Demo.
Successful freight brokerages combine networking and business skills to add capacity through carrier sourcing to secure more customers’ loads. Since they act as both carriers and shipper-like entities, the right blend of freight broker resources is essential to maximizing value. Near real-time data. Market intelligence tools.
Lean Solutions Group and Symtrain have formed a partnership that enables transportation and logistics companies to use industry specific simulation training modules that were developed by the Lean Solutions Group. Symtraim Demo. Does role playing work in freight? – Symtraim LinkedIn. EV startup bets big on Tesla Semi – WTT.
On the episode you’ll hear: How should the industry define digital transformation? What’s next for the freightindustry around digital transformation? What does tech adoption look like over the next 12 months and what will the primary focus be for the industry in using technology? Request a SONAR Demo.
And despite freight market volatility, the freight market continues expanding. According to Globe News Wire , “The Freight and Logistics Market are estimated to grow at a CAGR of approximately 5% during the forecast period.” Connect your scorecard resources to freight forecasting platform tools, such as SONAR Lane Scorecard.
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. Driver retention is a growing issue as the industry expands.
With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. Freight consolidation (commonly referred to as retail consolidation, or simply consolidation) is not a new concept. Those are the founding principles behind SONAR SCI Lane Acuity.
Our goal is to make payments faster and simpler for the logistics industry. Using paper can hurt your company’s perception because the industry is undergoing a technology makeover. Many carriers, 3PLs, and digital freight brokers have upgraded to faster, easier payments through technology. I’m Robin Gregg, CEO of RoadSync.
Asset-based carriers have found using predictive freight rates improves their business. According to Transport Topics , the majority (66%) of freight management parties believe analytics will be essential to staying competitive in the near future. Additional uses of predictive freight rates for asset-based carriers.
Introducing new types of data sets (”orthogonal data”) that can disrupt industries, and massive data integration capabilities can break through organizational and technological silos, enabling new insights and models. Request a SONAR Demo. The importance of tracking market signals to manage rates.
(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. Broken down to reefer, dry van and flatbed.
Truckload rates have a significant impact on the industry, whether intermodal or single-lane shipping modes get utilized. The transportation of freight not needing the entire space of a truck is LTL freight. Trucking rates vary depending on the type of freight, load size and destination.
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.
On the episode you’ll hear: How does Ed define the industry question: “what is digital freight matching?”. Is newtrul a digital freight matching platform? Load boards have been around for years, what’s the difference between what newtrul is, or any other digital freight matching platform, and a load board?
Unlike contracted rates, the spot freight market is full of wild price swings and uncertainty. And in freight management, a delay of a day or even hours can amount to significant delays and a poor customer experience. In general, this results in a preference for contract freight among shippers and carriers alike. Consider this.
Understanding freight trends from the beginning of the supply chain all the way through to delivery is important for all parties involved. Current market conditions are among the most difficult that the industry has faced in recent years. Savvy freight managers understand freight trends.
In the current economic climate, characterized by volatile freight rates and limited capacity and equipment, importers face unprecedented challenges. Expedited ocean freight services have emerged as a viable option, offering significant benefits in these turbulent times.
Today’s shipping and transportation industry has changed in several ways, even over just the last few years. One of the most popular tools that drives the supply chain to new heights is the process of intermodal freight shipping. Data accuracy can and does impact freight transportation in a significant way.
Establishing a practical freight routing guide helps outline essential rules of engagement for vendors, clients and supply chain managers. The guides outline the goals and the specific needs of individual carriers, load types, destinations and industry niches. Request a SONAR Demo. Request a SONAR SCI Demo.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
In general, the companies in the meat industry have among the most to gain from improving their freight efficiency, and we estimate that food companies with average margins and an average relative freight spend could save $300 for every $1 million in revenue by improving freight efficiencies by 1%. Request a SONAR Demo.
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