Trinity Logistics

APRIL 20, 2023

Proper carrier selection may be one of the most important tasks for Freight Agents to keep their business safe. It still boggles my mind to think that a shipper, whom I have never met, will entrust thousands of dollars in THEIR freight to a company that will then send a driver, whom they may have never met, to haul it away.

Freight 118

Freight Logistics Network Optimization Software Picking Compliance 118

Turvo

DECEMBER 21, 2021

This year’s increased COVID-19 instances, extreme weather events, and Suez Canal closure increased the difficulties. China enacted rigorous steps to control the spread of COVID-19 in August of this year, putting constraints on its already limited aviation freight capacity out of the country.

Events 82

Events Supply Chain Software Supply Chains Logistics Network Optimization Software 82

Trinity Logistics

JUNE 20, 2023

Freight is always on the move, every single day, seven days a week, 24/7. There are different types of ways to move freight, whether it’s shipping international, drayage, truckload, or intermodal, all have different paths to the same destination. But what about those last-minute shipments or freight that has a quick turnaround?

Freight 117

Freight Cost Reduction 3PL Supply Chain Software 117

MTS Logistics

MARCH 12, 2025

For example, numerous ports are still severely congested today. Weather events will continue to impact in 2025. increase), as shippers front-loaded freight and amid trade uncertainty. Not to base your cost on the lowest ocean freight but to a median freight based on 2-3 different ocean carriers.

Cost Reduction 89

Cost Reduction Reliability Scenario Planning Logistics Network Optimization Software 89

MTS Logistics

FEBRUARY 16, 2024

There are many variables affecting ocean freight rate fluctuations. Carriers will want freight rates at higher levels to maximize the profits per-vessel, while BCOs will want to ship with the best possible cost out there. Consumer Demand and Vessel Supply Consumer demand and vessel supply have the biggest impact on freight rates.

Freight 110

Freight Cost Reduction Inventory Reduction Scenario Planning 110

Logistics Bureau

DECEMBER 6, 2021

However, freight shipping is the one activity that presents significant barriers to overseas-market entry, as you may have discovered if your business is starting to look across international borders for its next step in expansion. Container shortages and sky-high freight rates have spared no enterprise, regardless of its scale.

Freight 98

Freight Buyer Training Freight forwarding Logistics Network Optimization Software 98

Logistics Viewpoints

DECEMBER 2, 2024

An iGPU (integrated graphic processing unit) is a current example. As an example, if we have congested lanes, the system will automatically flag that we have a potential risk of delay based. For example, we’re working on telling the solution that it has a budget. Show us the best way to fix the freight delays!”

Supply Chain Planning Software 117

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 117

FreightWaves SONAR

JULY 24, 2023

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.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

Talking Logistics

MAY 29, 2018

It’s time to make inbound freight a priority and begin reaping the benefits of a program that creates win-win rewards for all supply chain partners. Unfortunately, few shippers make inbound freight a priority, and even fewer consider it a strategic supply chain initiative. Three Steps to Effective Inbound Freight Management.

Inbound 92

Inbound Negotiating Skills Supply Chain Planning Software Vendor Strategies 92

GlobalTranz

SEPTEMBER 9, 2015

In today's ever more complex supply chain riddled with thousands upon thousands of processes, shipping freight has moved beyond tactical prowess for those who execute well and has evolved to now include strategic, innovative, and collaborative efforts to maintain not only a competitive edge but reduce overall transportation cost footprint.

Negotiating Skills 93

Negotiating Skills Collaboration Material Savings Freight 93

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

3PL Links

NOVEMBER 12, 2024

Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically. Example: Amazon’s fulfillment centers are famous for using robotics to streamline order processing and packing. Example: A manufacturing firm faced potential delays when a hurricane disrupted operations at a key supplier.

Cost Reduction 62

Cost Reduction Material Savings Supply Chain Software Supply Chain Planning Software 62

FreightWaves SONAR

MARCH 9, 2021

That’s the onus of electronic freight tender trucking data when compared to lagging submitted data that may take 7 to 14 days to come in. The freight market makes real-time decisions, and when it comes to navigating the freight market, they need near-real time data to proactively plan. But that’s not the full picture.

Data 98

Data Reliability Supply Chain Planning Software Trucking 98

Talking Logistics

SEPTEMBER 20, 2017

Peak season for ocean freight shipping is underway. This blog examines the “red” times, like the roughly three-month period we have just entered that is historically one of the regular disruptors in the ocean freight market. All of this will cause a tightening of space for ocean freight shipping. Regular disruptors. Golden Week.

Scenario Planning 92

Scenario Planning Freight How To Negotiating Skills 92

Freightos

MARCH 27, 2024

More Resources Home TPM24: Key Takeaways on Geopolitics, Technology and Other Drivers of Ocean Freight in 2024 Judah Levine March 27, 2024 S&P Global’s TPM24 is the major annual North American gathering of shippers, forwarders, carriers and logistic technology providers. But Sea Intelligence’s Alan Murphy thinks rates will settle 1.5-2X

Logistics Network Optimization Software 122

Logistics Network Optimization Software Modeling Software Optimization Software Negotiating Skills 122

Turvo

OCTOBER 21, 2021

Reason for the drastic increase in freight prices . Probable events that will lead to a downfall in freight prices. In recent months, businesses and shippers have been plagued with abnormally high freight rates. Freight prices have climbed over 500% in the last year. . Why have freight rates been on the rise?

Freight 81

Freight Price Reduction Scenario Planning Cost Reduction 81

Freightera

FEBRUARY 12, 2025

Blockchain Has Meaningful Impact on Finance as well as Freight Shipping: Heres the How and the Why What Even Is Blockchain? Transparency and Efficiency Freight shipping involves multiple parties at every step of the process. Each handling event from loading to customs clearance, warehousing, etc. Why Should You Care?

Freight 29

Freight Supply Chain Software Tracking and Tracing Document 29

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 Freight Cost Reduction Resource Reduction 94

Dedola Global Logistics

AUGUST 9, 2024

As of mid-2024, importers shipping goods from Thailand, Cambodia, and Indonesia to the United States face significant challenges due to space shortages and rising freight rates. Rising Freight Rates: Freight rates have surged significantly. Increased Costs: The surge in freight rates translates to higher costs for importers.

Inventory Reduction 75

Inventory Reduction Cost Reduction Expense Reduction Freight 75

GlobalTranz

MARCH 20, 2015

Are you looking forward to becoming a master of logistics, handling freight management with increased efficiency? Freight Management will be a far easier task when you know how it all fits in the grand scheme of things. Such a plan will make sure you have better business opportunities in the long run. Be proactive.

Tips 98

Tips Freight Logistics Network Optimization Software Optimization Software 98

FreightWaves SONAR

MARCH 15, 2021

The introduction of this first application within SONAR SCI was built with leaders at companies that spend millions of dollars on freight shipping. SONAR Lane Acuity Plus provides lane-level insight into market stability and rate benchmarking , helping participants identify freight rate and capacity risk on a lane. .

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

The Logistics of Logistics

JULY 29, 2021

For example, if a person buying groceries online chooses to process the transaction via Shipt, the consumer is using the Shipt app, and interacting with Shipt people. Partnering with Via also means retailers can focus on their core business rather than trying ramp up a freight tech development group. It is not an easy choice.

Logistics Network Optimization Software 195

Logistics Network Optimization Software Procurement Solutions Government Efficiency 195

Logistics Viewpoints

JANUARY 21, 2021

ML looks into historical data (for example, transit time statistics of carriers) and data from impactful external factors (such as port congestion, weather or holidays) and uses this information to develop more accurate transit time estimates. These can include traffic conditions, port congestion, storms, and holiday closures.

Supply Chain Planning Software 145

Supply Chain Planning Software Inventory Reduction Logistics Network Optimization Software Cost Reduction 145

Now, That's Logistics

NOVEMBER 16, 2021

Unfortunately, there’s yet one more disruptive event to get through before that can happen: Chinese New Year. For example, East-West came up with this rule to help account for CNY delays: For orders normally received in March, take 50% of the volume and receive it in January. Receive the other 50% of that volume in February.

Supply Chain Design 158

Supply Chain Design Factories Scenario Planning Supply Chains 158

Freightera

FEBRUARY 18, 2025

Looking to Ship Ground Freight? When it comes to transporting cargo, ground freight is one of the most common and cost effective available ways to do it. Below, we explore five key steps that will make your freight shipping experience easy. You can learn more about properly packaging freight right here ! Lets Do it Right!

Freight 29

Freight Handling Document Cargo 29

Trinity Logistics

AUGUST 16, 2024

Severe weather events are the new normal. Severe weather events are becoming more intense and commonplace, causing supply chains to struggle. CASES OF SUPPLY CHAIN DISRUPTION FROM RECENT SEVERE WEATHER Climate change has led to an increase in severe weather events. Can the logistics industry handle more supply chain disruption?

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 118

GlobalTranz

DECEMBER 5, 2018

For example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

Price Reduction 67

Price Reduction Resource Reduction Cost Reduction Inventory Reduction 67

Trinity Logistics

AUGUST 23, 2024

Considering Yellow Corporation was the third largest LTL carrier, what happened to all the freight they handled? I can answer some of those questions and share with you my thoughts, experiences, and observations of this impactful event in LTL history. Because of this, YRC saw a sharp decline in freight volume and tonnage.

Industry 127

Industry Purchasing Skills Negotiating Skills Logistics Network Optimization Software 127

GlobalTranz

SEPTEMBER 7, 2017

One of these terms, free or freight on board, also has irony within its name. If the responsible party does not accept liability , should damage or another event occur that could result in the filing of a claim. What Exactly Is Freight on Board? Who Pays the Freight Cost for FOB? Freight prepaid.

Freight 82

Freight Cost Reduction Purchasing Skills Expense Reduction 82

Freightos

JUNE 4, 2024

More Resources Home Navigating Choppy Waters: Ocean Contracts Under Strain Amidst Red Sea Diversions Ocean freight spot rates spike after Red Sea diversions and rising demand, causing contract instability and challenging shippers to navigate the volatile market. But things started to change dramatically in May.

Groups 116

Groups Capacity Freight Survey 116

Logistics Business Magazine

APRIL 18, 2023

Data analytics innovator Entopy has won a share of the UK government’s new £7 million fund to boost innovation in the freight industry. Now the two companies will explore how Atamai Freight – which is underpinned by Entopy’s software – can be expanded to include other modes of transport.

Supply Chain Planning Software 56

Supply Chain Planning Software Modeling Software Supply Chain Software Freight 56

MTS Logistics

MAY 6, 2024

I used to work with freight forwarders, ocean carriers, and NVOCCs (Non-Vessel Operating Common Carriers). Competitive Rates One of my responsibilities was collecting rates from the market including ocean carriers, freight forwarders, and NVOCCs. For the differences between freight forwarders and NVOCCs, please read this article.

Document 105

Document Freight forwarding Logistics Network Optimization Software Events 105

Trans Global Auto Logistics

MARCH 1, 2021

While this example may seem extreme, this incident happened in late 2020, and there have been several other similar incidents since. We do offer all risk Marine Insurance for peace of mind and coverage in the unlikely event your vehicle is damaged. “Cargo ship ONE Apus loses more than 1,800 containers in Pacific storm.”.

Events 98

Events Packaging Cargo Course 98

FreightWaves SONAR

NOVEMBER 24, 2020

Market dynamics of freight management can turn on a dime. Simultaneously, shippers must realize market volatility and other factors contribute to higher freight spend and uncertainty. Seeing market volatility and conditions at any point will inevitably allow shippers to recognize when freight spend will shift.

Data 105

Data Supply Chain Planning Software Resource Reduction White Paper 105

FreightWaves SONAR

FEBRUARY 26, 2021

When leading a freight sales team, it is critical to recognize the importance of a sales representatives’ time management and where their attention is directed in order to get the best return on their efforts. Many freight sales professionals will tell you they landed a customer because they “called them at the right time”.

Freight 64

Freight Outbound Demo Logistics Network Optimization Software 64

MTS Logistics

JANUARY 19, 2024

Freight insurance is an essential component of risk management, offering various coverage options. Freight insurance, also known as cargo insurance, is a type of coverage that protects the value of goods being transported against loss or damage during transit.

Cargo 111

Cargo Temperature Security Freight 111

Freightos

NOVEMBER 7, 2023

Here at Freightos, our vision is to digitalize international freight–air and ocean. But so far air freight and ocean freight have gone in different directions. There is progress in digitalizing ocean freight, but its been slow and inconsistent. Learn more The post Two Modes, Split Roads appeared first on Freightos.

eBook 116

eBook Optimal Sourcing Negotiating Skills Digital 116