FreightWaves SONAR

MARCH 15, 2021

This is particularly true for truckload shipping procurement. According to Supply Chain 24/7 , “ In the industry right now, there are 10 orders to ship for every available truck; however, a large portion of private fleets are running their assets with a significant amount of empty backhaul miles. Poor data analytics cause disruptions.

Optimal Sourcing 72

Optimal Sourcing Procurement Negotiating Skills Capacity 72

RPA Labs

APRIL 14, 2022

With minimal capacity at maximum cost, freight forwarders are looking for ways to streamline procurement, and leveraging an integration chatbot is one way to achieve that goal. Boost Procurement With the Integration of Chatbot s in Forwarding Systems. Challenges in Sourcing Transportation Capacity.

Procurement 78

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The Logistics of Logistics

MARCH 18, 2022

Tom earned his Bachelor of Science in Industrial Engineering from Texas A&M University. With SourceDay’s suite of collaborative products, procurement teams can trace a single part from PO issuance to acknowledgment and final delivery, giving organizations unprecedented visibility into the first mile of their supply chain.

Supply Chain Software 195

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Trimble

NOVEMBER 15, 2022

During the event, Rishi Mehra, director of operations and strategy, and Kelly Williams, product manager, had just seven minutes to present a Rapid-Fire Demo of Engage Lane: an agile transportation procurement platform that streamlines the relationship between carriers and shippers and helps them uncover better ways to move freight.

Demo 52

Demo Supply Chain Design Software Freight Cost Reduction 52

Freightos

DECEMBER 3, 2024

Home Shipsta by Freightos Introduces Rate Refresh: The Future of Agile Procurement in 2025 Blog Luxembourg, December 3, 2024 – Shipsta by Freightos (Nasdaq: CRGO) continues to drive freight procurements evolution with the rollout of Rate Refresh, a key addition to its procurement platform. Why Rate Refresh?

Optimal Sourcing 62

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Freightos

DECEMBER 3, 2024

Blog More Resources Home Shipsta by Freightos Introduces Rate Refresh: The Future of Agile Procurement in 2025 Visit Shipsta by Freightos Luxembourg, December 3, 2024 – Shipsta by Freightos (Nasdaq: CRGO) continues to drive freight procurements evolution with the rollout of Rate Refresh, a key addition to its procurement platform.

Optimal Sourcing 62

Optimal Sourcing Procurement Logistics Network Optimization Software Price Reduction 62

FreightWaves SONAR

APRIL 13, 2021

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. Lacking data promotes trouble in annual contract capacity procurement during times of volatility. Together, it promotes continued route optimization and use of strategic transportation procurement practices.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

Freightos

NOVEMBER 21, 2023

Judah Levine November 21, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 8% to $1,573/FEU.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Price Reduction Demo 127

Freightos

MARCH 12, 2024

Judah Levine March 12, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 7% to $4,419/FEU. Asia-US East Coast prices(FBX03 Weekly) fell 8% to $6,107/FEU.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Demo Data 127

FreightWaves SONAR

JANUARY 19, 2021

Successful freight management hinges on effective procurement and insight into current market conditions. As the industry settles following the biggest peak season in history, now is the time when shippers will start rethinking their annual contracts. Those systems are like the individual lanes within the transportation industry.

Supply Chain Planning Software 98

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Freightos

MARCH 6, 2024

Judah Levine March 6, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $4,754/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $6,652/FEU.

Negotiating Skills 127

Negotiating Skills Optimal Sourcing Demo Conference 127

Freightos

JANUARY 30, 2024

Judah Levine January 30, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 38% to $4,099/FEU.

Optimal Sourcing 118

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Freightos

NOVEMBER 15, 2023

Judah Levine November 15, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 6% to $1,711/FEU.

Price Reduction 118

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 118

FreightWaves SONAR

JANUARY 5, 2021

And demands for 2021 already reveal strife in procurement in the shipping industry and visibility through all operations, including carrier troubles. And this year, proactive freight management that combines people and technology will be critical to future-proofing the industry and avoiding carrier losses. Request a SONAR Demo.

Trends 105

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Freightos

NOVEMBER 7, 2023

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Freight news travels faster than cargo Get industry-leading insights in your inbox.

Negotiating Skills 133

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction 133

FreightWaves SONAR

MARCH 18, 2021

Limited insight into inventory demands resulting in problems procuring raw materials The manufacturing supply chain depends on the availability of raw materials to create and distribute goods and products. Knowing when it’s time to revisit bids and renegotiate contracts is critical for procurement and intervention management.

Manufacturing Procurement 91

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Freightos

JANUARY 16, 2024

Judah Levine January 16, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 5% to $2,588/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $4,278/FEU.

Negotiating Skills 117

Negotiating Skills Optimal Sourcing Demo Data 117

FreightWaves SONAR

APRIL 1, 2021

Less-than-truckload shipping, also known as LTL shipping, is nothing new within the transportation and shipping industry, but it has become more of a game-changer in recent years with freight rate prediction. Request a FreightWaves SONAR SCI demo to get started on your next RFP bidding and lane volatility strategy to keep LTL rates in check.

Negotiating Skills 98

Negotiating Skills Price Reduction Trends How To 98

Freightos

DECEMBER 13, 2023

Judah Levine December 13, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $1,603/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 5% to $2,497/FEU.

Negotiating Skills 117

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 117

FreightWaves SONAR

MARCH 26, 2021

That’s where FreightWaves SONAR and SCI’s Lane Acuity can add value by helping organizations learn from the collective data-consciousness of the industry. Request a SONAR Demo. Request a SONAR SCI Demo. And by combining that with the Intermodal Contract Savings Indices, including IMCSI1.USA

Freight 97

Freight Cost Reduction Demo Tracking and Tracing 97

Freightos

NOVEMBER 7, 2023

That is a huge success story for the air cargo industry and as promised it has brought significant efficiencies. Speed and Urgency : Air cargo is used for faster shipping options, and the need for rapid communication and tracking is more critical in this industry. Remember that there was zero airline ebooking at the beginning of 2018.

eBook 116

eBook Optimal Sourcing Negotiating Skills Digital 116

Freightos

DECEMBER 6, 2023

Judah Levine December 6, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $1,620/FEU.

Negotiating Skills 118

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 118

FreightWaves SONAR

FEBRUARY 11, 2021

The effects of the disruptions over the past year have likely forever changed the industry, requiring shippers to scale and evolve operations radically seemingly overnight. With all the pressure for more and faster service among shippers, dropshipping has seen a renewed focus within the industry. Request a SONAR Demo.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

FreightWaves SONAR

JULY 24, 2023

As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success. This sector covers important activities relating to procurement, transport, and storage of goods.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

FreightWaves SONAR

MARCH 22, 2021

Various market participants in the freight industry can rely on the WRI heatmaps in different use cases. Gain more certainty with SONAR’s WRI to quickly see changes in capacity for every market and get a better sense of where shipping rates are headed in addition to how difficult (or easy) it will be to procure space for your freight loads.

Capacity 98

Capacity Price Reduction Demo Cost Reduction 98

Freightos

DECEMBER 19, 2023

Judah Levine December 19, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 3% to $1,556/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $2,509/FEU.

Negotiating Skills 117

Negotiating Skills Optimal Sourcing Logistics Network Optimization Software Demo 117

Freightos

NOVEMBER 28, 2023

Judah Levine November 28, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,613/FEU.

Negotiating Skills 112

Negotiating Skills Price Reduction Vendor Strategies Resource Reduction 112

FreightWaves SONAR

MARCH 30, 2021

The guides outline the goals and the specific needs of individual carriers, load types, destinations and industry niches. This is particularly true when looked at in connection to routing guides and how lane management and contract procurement go. Request a SONAR Demo. Request a SONAR SCI Demo.

Compliance 98

Compliance Supply Chain Software Supply Chain Planning Software Data 98

FreightWaves SONAR

JANUARY 4, 2021

And that will win over carriers, keep them coming back and boost procurement efficacy. Since automation reduces the risk of error, carriers can rest assured that preferred shippers follow industry-leading best practices, including freight management analytics , to hasten management decisions. Request a SONAR Demo.

Tips 111

Tips Security Capacity Supply Chain Software 111

FreightWaves SONAR

DECEMBER 18, 2020

Working with the best of the best in the industry makes your freight a priority. In other words, it’s time to start thinking about looking at industry data trends to find new opportunities for improvement. Request a SONAR Demo. And that means your company needs access to all the freight data available.

Sourcing Strategies 98

Sourcing Strategies Inventory Reduction Cost Reduction Optimal Sourcing 98

Freightos

JANUARY 10, 2024

Judah Levine January 10, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 60% to $2,713/FEU.

Negotiating Skills 117

Negotiating Skills Price Reduction Optimal Sourcing Vendor Strategies 117

FreightWaves SONAR

MARCH 30, 2021

How is technology enabling strategic conversations at the order level to happen faster and for the freight department to work seamlessly with procurement on the inbound side and sales on the outbound side to optimize freight shipping ? And why is digitizing the supply chain network vital moving forward for our industry?

Supply Chain Software 78

Supply Chain Software Collaboration Supply Chains Optimal Sourcing 78

Logistics Viewpoints

FEBRUARY 17, 2025

When new industrial technology emerges, it is large companies that implement them first. I would sit through the demos, and I would think, how are these bots going to handle large orders that we routinely send our stores? Better inventory accuracy also improves procurement. Fleet Feet is a smaller company.

Optimization Software 78

Optimization Software Optimal Sourcing Logistics Network Optimization Software Supply Chain Software 78

Freightos

JANUARY 25, 2024

Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023. Q: What does it mean for the freight industry as a whole?

Logistics Network Optimization Software 127

Logistics Network Optimization Software Optimization Software Digital Buyer Training 127

FreightWaves SONAR

DECEMBER 30, 2020

Now, if that same issue occurs during a heightened period of trouble in procurement in the shipping industry , the total cost of transportation could quickly skyrocket. Request a SONAR Demo. The post Data-Driven Transportation Management and Its Role in Driving Stronger Tech Stack ROI appeared first on SONAR.

Supply Chain Planning Software 98

Supply Chain Planning Software Data Supply Chain Software Transportation 98

FreightWaves SONAR

APRIL 2, 2021

Spot freight provides a short-term way to source capacity and boost procurement outside of contracted rates whether TL or LTL. After all, the industry still relies on trucking, even if only for final mile delivery, for every shipment in some form. Request a FreightWaves SONAR demo to get started today. Request a SONAR Demo.

Purchasing Skills 98

Purchasing Skills Optimal Sourcing Sourcing Data 98

FreightWaves SONAR

MARCH 19, 2021

(Graphics created by Emily Ricks) Enterprise shippers are constantly faced with the challenges of procuring transportation. And change is the ever-lasting factor in transportation procurement. Actionable insights from applied analytics optimize transportation procurement by understanding stability. Request a SONAR Demo.

Negotiating Skills 11

Negotiating Skills Optimal Sourcing Buyer Training Procurement 11