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How to Calculate Your Cost Per Hour Not Just Per Mile

Freight Waves

Everyone in trucking talks about cost per mile. Cost per hour gives you a real-world, down-to-the-minute view of how productive your operation actually is. And too many small carriers are watching the clock but not calculating its cost. And it starts with calculating your cost per hour. What Is the Cost Per Hour?

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Best practices for working with 3PLs

DC Velocity

And that not only has to do with addressing problems, but also being fair with [issues such as] rent negotiations and addressing various costs so that both parties come away with a win.” Cost optimization is another benefit 3PLs bring to the table. The key is being able to have open dialogue—conversations,” adds Holland.

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Upcoming Port Strike in India After Unsuccessful Negotiations

MTS Logistics

Dockworkers at India’s 12 major ports have resolved to commence an indefinite strike starting August 28th due to unsuccessful prolonged pay negotiations. For example, labor stoppages have recently impacted ports in Germany and Belgium. A strike could disrupt these supplies, possibly resulting in higher prices and shortages.

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7 Cost Saving Tips Every Supply Chain Manager Should Know

3PL Links

Image source: Pexels | 7 Cost-Saving Tips Every Supply Chain Manager Should Know Managing costs effectively is crucial for success in the competitive supply chain world. With logistics, labor, and inventory costs on the rise, finding targeted ways to reduce expenses can have a significant impact on your bottom line.

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SONAR releases lane-level seasonality comparison tool

Freight Waves

This visibility supports better negotiation with carriers and helps avoid overpaying. This new feature strengthens procurement and negotiation strategies by helping users understand when rates are likely to dip or spike, allowing for more effective timing of negotiations with carriers.

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Analysis: Why Upcoming ILWU Contract Negotiations are Making Importers Uneasy

MTS Logistics

For example, for a small container ship between 0 and 4,000 TEUs, the unloading and loading time is three times higher than the most-efficient port. The main motivation of automation as I gave in the example above is productivity gains and lower handling costs. To give one example of the labor cost on the U.S.

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Factory Gate Pricing and Primary Freight Strategies

Logistics Bureau

The Factory Gate Pricing (FGP) and Primary Freight (PF) strategies, as adopted by major grocery retailers, are causing a shudder up the spine of many retail suppliers. What are Factory Gate Pricing and Primary Freight strategies? The product pricing therefore becomes ex works. Now, the issue.