GlobalTranz

NOVEMBER 17, 2021

Higher freight volumes. Stronger freight volumes are expected as pent-up demand from consumers, retailers, and manufacturers reaches an apex. Shrinking capacity from higher freight volumes results in higher rates throughout peak season and beyond. Fuel costs are rising, and the infrastructure bill has finally passed.

Shipping 232

Shipping Cost Reduction Strategies Industry Industrial 232

GlobalTranz

DECEMBER 8, 2021

The past two years of volatility have many logistics leaders evolving from an annual Request for Proposal or freight (RFP) event to quarterly or more frequently to accommodate the changing supply chain landscape. 10 Freight RFP Components for Success. Also, ask for payment and billing terms, deadlines and length of commitments.

Freight 226

Freight Network Optimization Software Modeling Logistics Network Optimization Software 226

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. contract, bill of ladings).

Supply Chain Software 148

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Freightos

NOVEMBER 7, 2023

Blog " * " indicates required fields Email * Email This field is for validation purposes and should be left unchanged. In this blog post, I describe the different paths these modes took and where things stand at the close of 2023. Here at Freightos, our vision is to digitalize international freight–air and ocean.

eBook 278

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NC State SCRC

JUNE 19, 2024

Today’s blog is written by a guest writer, Graham Perry, a writer at Business Tech Innovations specializing in logistics supply chain optimization. In recent times, the integration of road freight technologies has emerged as a potential catalyst for disrupting maritime shipping operations. billion in direct costs.

Container Tracking 52

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Supply Chain Matters

OCTOBER 19, 2023

Bloomberg, The Wall Street Journal and other industry specific media are reporting that Seattle based digital freight start-up services provider Convoy is preparing for a possible sale or other action. Both reports cite declining freight industry demand and increased competition among start-ups in this digital freight and logistics segment.

Logistics Network Optimization Software 59

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Intelligent Audit

AUGUST 17, 2022

This blog will help you reduce the number of OS&D claims that cost your organization time, money, and reputational damage. We will explore OS&D meaning, tips to follow when filing OS&D freight claims, and how Intelligent Audit can help you leverage your organization’s data to prevent OS&D claims.

Expense Reduction 52

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NC State SCRC

DECEMBER 4, 2017

Today’s guest blog is from John Stuart of the International Logistics Center. He shares some interesting information about freight forwarding, that anyone in logistics should be aware of. Freight forwarding is one of the most widely used methods of international transport for both business and personal use.

Negotiating Skills 45

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GlobalTranz

DECEMBER 21, 2020

For 2021, expect the Less Than Truckload (LTL) freight market to remain volatile due to the impact of COVID-19. The fourth quarter of 2020 gives us a glimpse into the freight market forecast for 2021. LTL shippers should start 2021 prepared for higher freight rates due to LTL capacity constraints. Analyze your freight profile.

Trends 156

Trends Logistics Network Optimization Software Industry Industrial 156

Supply Chain Matters

AUGUST 25, 2023

Supply Chain Matters This Week in Supply Chain Tech updates readers on reports indicating that innovative digital freight brokerage start-up Convoy is exploring strategic options. In turn, that has put pressure on traditional and digital freight brokers who typically sell their logistics services to shippers on a contract rate basis.

Report 52

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BlueYonder

JANUARY 25, 2022

This blog is co-authored by Redwood Logistics and Blue Yonder. With tightening freight capacity, shippers need more carrier coverage to make an informed decision about the right price to be paid to transport freight. Shipping freight and the costs that come with it are often seen as fixed. The Problem with the Status-Quo.

Freight 84

Freight Supply Chain Planning Software Supply Chain Software Price Reduction 84

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. contract, bill of ladings).

Supply Chain Software 78

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 78

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. This post is part of a , series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. contract, bill of ladings).

Supply Chain Software 78

Supply Chain Software Resource Reduction Waste Reduction Cost Reduction Strategies 78

MercuryGate

MARCH 7, 2022

The post Freight Invoice Processing: How to Save Time With Carrier Self-Billing appeared first on MercuryGate International. Carbon emissions have risen in recent years, but as social media has grown and politics have evolved, ESG initiatives have become more commonplace.

Freight 52

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Supply Chain Collaborator

OCTOBER 14, 2020

For a truly contactless process, logistics operations must also focus on all the literal touchpoints occurring upstream and at every juncture from inbound freight delivery and freight yard activity to the manufacturing process and then the outbound freight delivery to the warehouse/DC and ultimately to the point of sale.

Supply Chain Planning Software 144

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The Logistics of Logistics

APRIL 16, 2014

While, in the truest form, dimensional weight is typically only applicable when dealing with parcel carriers and freight forwarders. Thus, we have the National Motor Freight Classification TM system. The NMFC®assigns freight classes to commodities, which will be a factor in determining the transportation cost. Keep reading.

Freight 100

Freight Groups Just-in-Time 3PL 100

Zipline Logistics

JUNE 29, 2021

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. And when you add in the current labor and commodity shortages along with an inflationary environment, it is apparent why freight rates have been steadily climbing.

Freight 91

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Supply Chain Game Changer

SEPTEMBER 10, 2020

What is a Bill of Entry (BOE)? Over the course of history, this system of validation in the form of receipt has played a major role in the modern world of commerce and is now widely known as a bill of lading or BOL. But what exactly is a Bill of Lading? What is a Bill of Lading? The Purpose of Bill of Lading.

Cargo 54

Cargo Freight Transportation Course 54

BlueYonder

SEPTEMBER 13, 2021

This blog is co-authored by Raj Patel, Senior Director Global Industry Strategy 3PL, and Terence Leung, Senior Product Marketing Director. The trucking industry hauled 73% of all freight transported in the U.S. billion tons of freight, according to the American Trucking Associations (ATA). in 2019, equating to 11.84

Supply Chain Design Software 70

Supply Chain Design Software Supply Chain Planning Software Network Optimization Supply Chain Design 70

GlobalTranz

AUGUST 4, 2016

Why does Freight EDI still exist? Freight EDI is costly to set up and maintain, leads to more headcount, and frequently breaks. Now, going further, what is EDI in freight? One of the main advantages of EDI is that it eliminates a dispatcher from having to manually key information into the dispatch operational and billing system.

Analytics Software 120

Analytics Software Supply Chain Software Freight Transportation 120

Freight Center

DECEMBER 19, 2019

But logistics is a tricky industry and there are easy ways to waste money when shipping freight. We’ve put together the 3 most common ways to waste money when it comes to freight shipping and what your business can do to stay ahead of the game. Getting Blindsided by Billing Adjustments. Bad Packaging.

Shipping 44

Shipping Freight Material Savings Third Party Logistics 44

Talking Logistics

MAY 23, 2018

“Freight spend is up 15% year over year and it is eating into the bottom line! Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. Combating Rising Freight Costs with a TMS.

Negotiating Skills 100

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Shipchain

NOVEMBER 15, 2018

Blockchain Provides Unmatched Traceability in Freight and Logistics. According to TechCrunch.com , the freight and logistics industry in the U.S. Knowing exactly what is occurring in every part of the supply chain and transportation network is the only way to accurately understand freight spend. is valued at $1.5

Cost Reduction Strategies 90

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Supply Chain Game Changer

OCTOBER 14, 2021

Rising fuel and freight costs. Crude oil prices are a simple litmus test for economic performance—namely in how they affect the cost of fuel prices, which affect freight rates. Fuel rates have responded in kind, with spot rates for freight hauling reaching decade-plus highs in 2021. bbl to $68.50. bbl to $68.50.

Negotiating Skills 76

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Enterra Insights

NOVEMBER 22, 2021

… Examples of supply chain fraud include overbilling from third-party vendors, suppliers not complying with contract terms, and suppliers overstating hours worked or billing for material that was not delivered”[4]. 2] Trevor Miles, “ VUCA, a useful acronym for today’s supply chain ,” Kinaxis Blog, 9 June 2011. [3]

Supply Chain Planning Software 130

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NC State SCRC

JUNE 22, 2023

Evergreen Line, as the Carrier to issue the Bill of Lading for the shipment under Evergreen Line’s custody, will not prejudice to cargo owner’s rights,” added spokesmen.

Cargo 40

Cargo Risk Management Shipping Course 40

OptiProERP

APRIL 25, 2023

This blog post will outline the most critical logistics KPIs manufacturers and distributors should track. Freight Payment Accuracy The percentage of freight bills paid accurately and on time. However, with so many metrics to track, it can be overwhelming to know where to start. Order Management KPIs 1.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Inventory Reduction Expense Reduction Manufacturing 52

Herlitz Inventory Management

MAY 26, 2021

Introducing a new and improved Freight Module in HIMPACT that will help you overcome new and rising shipping challenges. Many distributors who have predominantly relied on prepaid freight from vendors are also increasing their use of carriers who charge freight simply to get more supply more often. Bill Backs.

Shipping 52

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CH Robinson Transportfolio

AUGUST 14, 2020

In this blog, I’ll cover four things for you to consider when building out an effective emergency response plan for your supply chain. It’s important to consider if your freight’s origins and destinations are likely to be impacted by a hurricane. Define billing expectations and standard operation procedures (SOPs).

Scenario Planning 72

Scenario Planning North America Minnesota Supply Chain Planning 72

Supply Chain Collaborator

MAY 6, 2020

For organizations taking steps toward paperless shipping documents – bills of lading and other manual logistics documentation – the push toward digitizing these and other paper-based logistics processes should be viewed as a necessary advancement.

Supply Chain Software 108

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SYSPRO Smarter ERP

NOVEMBER 3, 2021

Freight bill accuracy : Whether shipping from factory to warehouse, or to the customer, this metric helps identify problems in billing operations. Carrying Cost of Inventory records the costs associated with purchasing and holding inventory, including labour, insurance, warehousing, and freight. Outbound KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Talking Logistics

JULY 28, 2017

Moving on, here’s the rest of this week’s supply chain and logistics news: Freight-Booking Startup Convoy Raises $62 Million (WSJ – sub. A crippling, long-term cyberattack. A massive asteroid hitting the Earth. View Results. Total Answers 11. Total Votes 11. Which brings us to Shyp, the latest entrant in the “currently losing” category.

Logistics Network Optimization Software 0

Logistics Network Optimization Software San Francisco Los Angeles Logistics 0

Locus

JUNE 9, 2023

Freight transportation costs Freight transportation costs are incurred from the large-scale movement of products and goods. It is the actual shipping costs calculated for delivery, pickup, handling, billing, insurance, and collecting. A software service company must only transport a few sales reps or technicians. They are: 1.

Cost Reduction Strategies 52

Cost Reduction Strategies Transportation Logistics Network Optimization Software Optimization Software 52

Locus

JUNE 9, 2023

Freight transportation costs Freight transportation costs are incurred from the large-scale movement of products and goods. It is the actual shipping costs calculated for delivery, pickup, handling, billing, insurance, and collecting. A software service company must only transport a few sales reps or technicians. They are: 1.

Cost Reduction Strategies 52

Cost Reduction Strategies Transportation Logistics Network Optimization Software Optimization Software 52

GlobalTranz

SEPTEMBER 16, 2016

Editor's Note: Today's blog is a guest blog by our friends at 2 Flow. In this blog, they discuss everything you need to know about a 3PL business. These types of services include distribution and transportation management, public warehousing, contract warehousing and freight consolidation. What is 3PL? These include: .

3PL 120

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Talking Logistics

JULY 17, 2015

Cass Freight Index June 2015 Report. Here is an excerpt from the company’s blog post: Zepol found that a hefty chunk of businesses have switched from using Pacific to Atlantic and Gulf ports this year. The 34th time in a decade that Congress has “kicked the can” down the road in passing a long-term funding bill.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Logistics Sourcing Strategies Boston 100

Supply Chain Matters

MARCH 29, 2023

The Supply Chain Matters blog provides perspectives on an emerging supply chain management focused lesson occurring at Rivian Automotive. When a product is billed as providing breakthrough technology and performance, the stakes are even higher, since the price point is premium on the auto side. All rights reserved.

Automotive 52

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