The Logistics of Logistics

MAY 24, 2021

FreightWaves provides the ability to benchmark, analyze, monitor & forecast the $9.6T To reduce cost, risk, and carbon, you need good data which is hard to come by because: The truckload market is huge, lots of different carriers, and lots of different equipment. global logistics industry. . Data is dirty and old – out of context.

Cost Reduction Strategies 130

Cost Reduction Strategies Analytics Software Forecasting Software Logistics Network Optimization Software 130

Unleashed

JUNE 27, 2023

Freight forwarders are not the same as carriers or 3PL providers as they only manage a portion of the order fulfilment process. Think of a freight forwarder as a broker with benefits: charged with the management of the shipment process, controlling costs, and improving the quality of delivery. Organising the customs process.

Negotiating Skills 52

Negotiating Skills Freight Optimal Sourcing 3PL 52

Logistics Viewpoints

APRIL 22, 2021

We are now seeing an increase in the use of automation, not just within a TMS or WMS, but the digital coordination across all phases of logistics, from shipper to broker to carrier to warehouse.

Supply Chain Disruption 327

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Sustainability 327

Intelligent Audit

JANUARY 28, 2021

Here are some key areas that transportation leaders can benefit from monitoring: On-time delivery measurements— The number one metric to track and record is how many orders overall are delivered on time and without issue. Optimizal Carrier Usage – Mode selection is another tricky KPI.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Logistics KPI Optimization Software 59

Supply Chain Game Changer

SEPTEMBER 23, 2020

The ability to unlock freight optimization and gain meaningful insights to monitor, measure and improve supply chain management is more critical than ever. The carrier is already looking out for us and offering the best price. Carriers are focused on their business, meaning they want the most lucrative tenders first.

Supply Chain Optimization 91

Supply Chain Optimization Optimization Software Price Mitigation Strategies Freight 91

GlobalTranz

SEPTEMBER 22, 2015

Cerasis is by legal definition a freight broker. Although our claim to fame is our web based TMS freight rating technology, the Cerasis Rater , which includes a technology suite of products and integrated managed transportation services , it is in our interest to understand the future of freight and how we as freight brokers fit in.

Freight 120

Freight Price Reduction Predictive Analytics Software Resource Reduction 120

Turvo

FEBRUARY 24, 2022

Collaborative Transport Management Systems (CTMS), Warehouse Management Systems, freight monitoring, and customer service will help eliminate operational inefficiencies and delays and enhance ROI with the more innovative, reliable 3PL offering. Turvo is based in the San Francisco Bay Area with offices in Dallas, Texas, and Hyderabad, India.

3PL 87

3PL Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 87

Talking Logistics

JULY 5, 2018

In this post, I will outline how to select reliable core carriers and find the right third party logistics provider (3PL) for your business. An important factor to keep in mind: The volume of shipments you offer carriers needs to be meaningful to their network. Size and diversity of carrier pool. Financial stability.

Price Reduction 101

Price Reduction Expense Reduction Waste Reduction Cost Reduction Strategies 101

DAT Solutions

APRIL 3, 2017

(This is a guest blog post by Steve Hausman (right), president and CEO of Triumph Business Capital, DAT's exclusive provider of factoring services for carriers and brokers. What does that mean for freight brokers? Factoring - While there are dozens of factoring options for carriers, there are relatively few for freight brokers.

Expense Reduction 70

Expense Reduction Price Reduction Cost Reduction Strategies Vendor Strategies 70

3rdwave

SEPTEMBER 30, 2020

As such, we’re not just talking about off-loading containers from a ship, but coordination between entities that include carriers, terminal operators, U.S. CBP, Partner Government Agencies, customs brokers and drayage companies. At its core, terminal operations represent the transition from international to domestic shipping.

Container Tracking 74

Container Tracking Supply Chain Software Inventory Management Software Los Angeles 74

ShipBob

MARCH 28, 2024

It serves as a contract between the shipper and the carrier, outlining the terms for transporting the goods to their in-bond destination. A bonded carrier is a transportation company authorized to move goods under bond from the port of entry to another customs-controlled area or bonded warehouse.

Inventory Reduction 52

Inventory Reduction Supply Chain Design Software Inventory Management Software Cost Reduction Strategies 52

Intelligent Audit

NOVEMBER 3, 2021

Payment and financial service providers serve as an intermediary between shippers and carriers, managing the actions to receive, process, and pay invoices. These often occur when there is a lack of freight auditing, poor documentation, and lax monitoring of the transportation network.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Freight Vendor Strategies Expense Reduction 52

3rdwave

AUGUST 7, 2019

Access to shipment tracking details, from origin to destination, is readily available through carrier and 3PL self-serve websites. The same is true for carrier performance, invoice details, and basic reports. When the carrier or 3PL takes title to the shipment visibility improves…somewhat. Freight Management. Soft Costs.

Global Transportation 75

Global Transportation Transportation Management Purchasing Skills Negotiating Skills 75

Intelligent Audit

NOVEMBER 10, 2021

The high priority focus on RFPs and carrier network optimization will continue to impact services and shipping protocols well into 2022 and beyond. What Is Carrier Contract Optimization? The heart and soul of a successful transportation company is its ability to master carrier network optimization across the board.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Network Software 52

DAT Solutions

OCTOBER 22, 2015

Contract carriers bought a record number of trucks last year and boosted driver pay, to regain capacity and market share that they lost to spot market providers in 2015. The gap has widened between shipper-to-carrier contract rates and the spot market rates that freight brokers pay to the carrier.

Freight 70

Freight Capacity Trends Predictive Analytics 70

Turvo

FEBRUARY 10, 2022

Carriers, shippers, and customers alike will have a better experience when shipment visibility and logistics collaboration become integrated into every step of the process. Freight brokers, shipment managers, and others can help ensure a better experience and maximize the benefits of supply chain transparency. .

Supply Chain Design Software 74

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Optimization 74

Supply Chain Matters

OCTOBER 10, 2023

The technology aims to accelerate the movement of money between shippers, carriers, and brokers. To date, Certa has reportedly helped its customers to onboard and monitor millions of companies across 120 countries supporting 41 languages. The technology start-up secured $30 million in Series A funding in 2022.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 52

Supply Chain Collaborator

MAY 27, 2016

Software-as-a-Service Solutions Provider Enables MacroPoint Load Position Monitoring Capability for More Effective Transportation Execution. For shippers with private fleet vehicles or using larger common carriers, EDI is already in widespread use. However, many smaller to mid-sized carriers are not equipped with EDI.

Real-time Visibility 60

Real-time Visibility Logistics Network Optimization Software Cost Reduction Strategies Supply Chain Software 60

CH Robinson Transportfolio

SEPTEMBER 28, 2021

Since the low point of May 2020 through May 2021, carriers added just 1,700 employees per month, well below the average addition of approximately 4,000 employees per month we witnessed in Q1 through Q3 2018 during the prior bull market. However, in June and July 2021, carriers were able to add an average of 6,200 workers each month.

Michigan 82

Michigan Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 82

Intelligent Audit

FEBRUARY 9, 2021

Analyzing and Applying Data Opens the Door to More Strategic Carrier Sourcing. Analytics Help Shippers Measure Carrier and Broker Performance. ” Analytics and data monitoring can help managers detect performance issues and offer insight into addressing problems quickly.

Analytics Software 52

Analytics Software Predictive Analytics Supply Chain Software Supply Chain Planning Software 52

Turvo

SEPTEMBER 16, 2021

Turvo brings together shippers, 3PLs, freight brokers, and carriers onto one real-time, interactive network for streamlined operations through collaboration. Analytics platforms monitor data generated by day-to-day logistics activities. Through real-time visibility between shippers and carriers, customers are informed of delays.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Analytics Software Supply Chain Network Software 70

ShipBob

JANUARY 6, 2023

Manage multiple carriers in one place. They can digitally tender loads based on the routing guide to the right carriers, so you don’t have to go through this process manually. By automatically dispatching carriers, you can significantly expedite steps such as booking and tendering of freight. Fleet/carrier management.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

GlobalTranz

MARCH 16, 2018

Electronic Logging Devices (ELDs) were introduced by the Federal Motor Carrier Safety Administration in 2017. ELDs should be used by motor carriers as of December 18, 2017 , but there is a transitional period. The new devices monitor trucks’ movement via GPS signal, records engine time and speed, and logs hours of service.

Freight 180

Freight eBook Capacity Transportation 180

Intelligent Audit

DECEMBER 13, 2021

General rate increases are expected to be higher than in the past as shippers and carriers attempt to balance costs and expenses during ongoing recovery as we saw just last week with Central Freight Lines going bankrupt after 96 years and laying off over 2,100 employees. Diversify a vetted carrier base.

Shipping 52

Shipping Cost Reduction Strategies Modeling Supply Chain Planning Software 52

TMC

SEPTEMBER 27, 2018

They found that common attributes of Leader groups include: A rationalized truckload carrier base. Leaders receive better performance and price from carriers when that number is reduced to a finite amount. It all starts with having visibility and quality data around your freight operations and carrier performance.

Optimal Sourcing 62

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 62

3rdwave

DECEMBER 21, 2018

Constrained Oversight and Monitoring Capability. Oversight and monitoring are major responsibilities for trade compliance. Monitoring is focused on 3rd party auditing and management. Transportation may be missing information that affects product acceptance by carriers, i.e. Hazmat control. Ineffective document management.

Optimal Sourcing 66

Optimal Sourcing Optimization Software Supply Chain Optimization Supply Chain Design Software 66

Talking Logistics

JUNE 28, 2017

There is no additional cost for the carrier storing the goods for a typical 72-hour “free” period. Complicating matters even further are carrier, port, regional, and government variances in how Free Time is measured around the world. Technically, Free Time is not free; you pay for it in your transportation costs.

Supply Chain Design Software 114

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 114

Freight Plus

NOVEMBER 16, 2018

Refrigerated trucks, also known as reefer trucks or reefers, are a cold chain solution that has sent chills down the spine of brokers the world over. Since refrigerated trucks are such an important part of US commerce and cold chain solutions it should be easy to find a carrier, right? (. Listen to this article. ). Temperature.

Cargo 40

Cargo Fresno Just-in-Time Supply Chain Optimization 40

Intelligent Audit

DECEMBER 20, 2021

Shippers, carriers, brokers, forwarders, and transporters need to make going green a higher priority, be mindful of green decisions and options, and integrate as sustainable a business model as possible. Shippers Will Look to Increase Carrier and Driver Retention. That’s the simple reality of the industry.

Supply Chain Planning Software 52

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Supply Chain Network Software 52

Supply Chain Matters

SEPTEMBER 12, 2022

The National Railway Labor Conference which represents rail carriers maintains that workers already receive generous time-off benefits and that rail operators need the ability to plan for maximum availability of labor pools. . Current Situation. If a strike action is initiated, the U.S.

Purchasing Training 52

Purchasing Training Negotiating Skills Agile and Lean Supply Chain Supply Chain Planning 52

NC State SCRC

NOVEMBER 21, 2017

Prasad Collapalli began by discussing how the tracking and monitoring of freight and assets to optimize asset utilization and operations is typically viewed as a great tool to have. Note that the goal of visibility is NOT to monitor where the trucker stops, etc…but should just be about tracking freight.

Real-time Visibility 40

Real-time Visibility Transportation Predictive Analytics Software Supply Chain Planning Software 40

GlobalTranz

APRIL 9, 2015

In some instances, a broken law will carry hefty financial penalties on shippers, motor carriers, as well as logistics operator. These regulation infractions possibly could add cost by revoking operating authority of the freight brokers, forwarders, and carriers. Let us know in the comments below.

Capacity 120

Capacity Transportation Cost Reduction Strategies Resource Reduction 120

Supply Chain Game Changer

NOVEMBER 19, 2018

You can also manage relationships with carriers, suppliers and customers while improving processes. With track & trace, you will get deep visibility to SKU-level information from first-mile to last-mile, including the tracking of costs to better monitor transport spend.

Predictive Analytics 45

Predictive Analytics Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 45

BlueYonder

JANUARY 3, 2023

We have to consider the logistics carriers and the networks, brokers and internal distribution. Linzell Harris, Senior Vice President of Global Supply Chain and Strategy at AstraZeneca, describes end-to-end visibility as “10 times more important” in today’s volatile supply chain landscape.

Supply Chain Planning Software 92

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 92

CH Robinson Transportfolio

MAY 17, 2021

Over the past couple of years, we’ve seen the DAT contract (shipper pay to carrier) and spot pricing (broker pay to carrier) bounce slightly up and down from each other. How are market dynamics different between dry van and temperature controlled assets and carriers? Brokerage is defined differently from motor carriers.

Freight 44

Freight Forecasting Los Angeles Supply and Demand 44

TMC

SEPTEMBER 27, 2018

They found that common attributes of Leader groups include: A rationalized truckload carrier base. Leaders receive better performance and price from carriers when that number is reduced to a finite amount. It all starts with having visibility and quality data around your freight operations and carrier performance.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 48

TMC

SEPTEMBER 27, 2018

They found that common attributes of Leader groups include: A rationalized truckload carrier base. Leaders receive better performance and price from carriers when that number is reduced to a finite amount. It all starts with having visibility and quality data around your freight operations and carrier performance.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Negotiate Pricing Price Reduction 48