Locus

JUNE 3, 2022

Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes. The latter was so severe that cargo ships had to run at half their usual capacity. Transportation is an energy-intensive activity in logistics. Fighting climate change with green logistics.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

The Logistics of Logistics

NOVEMBER 17, 2023

Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. About Brian Kempisty Brian Kempisty is the Founder of Port X Logistics, a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada.

Resource Reduction 235

Resource Reduction Supply Chain Strategy Price Mitigation Strategies Strategy 235

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

While GSAs can provide benefits such as cost savings and increased efficiency, they also introduce new risks and challenges for shippers. GSAs should allow shipping companies to offer more frequent and reliable services to their customers, while also reducing costs and improving efficiency in a highly competitive industry.

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

Supply Chain Shaman

FEBRUARY 18, 2021

Re-implement demand planning, trade promotion management, and revenue/price management together to improve the baseline demand signal. Initially, the output was published to procurement to design strategic buying strategies. The focus of the transportation suites was on cost mitigation and price negotiation.

Supply Chain Planning Software 292

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 292

GlobalTranz

SEPTEMBER 23, 2021

Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logistics Viewpoints

MARCH 29, 2024

In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long million vehicles cross the bridge annually, or about 30,000 per day, according to the Maryland Department of Transportation. mile-long span.

Prescriptive Analytics Software 251

Prescriptive Analytics Software Logistics Network Optimization Software Supply Chain Software Logistics 251

Supply Chain Game Changer

SEPTEMBER 21, 2022

The terms freight broker and freight agent are often confused in the cargo and shipping sector. For instance, when you become an independent freight agent , it means you’re responsible for facilitating the movement of goods and cargo in the most efficient way. And it’s easy to see why.

Negotiating Skills 96

Negotiating Skills Freight Purchasing Skills Optimal Sourcing 96

Logistics Viewpoints

FEBRUARY 17, 2023

Expanding the smart package initiative will help UPS strengthen its network efficiency as it seeks to reduce costs in a cooling demand environment. hope to slash shipping costs and save millions of dollars when they sit down later this month to negotiate long-term contracts with ocean carriers following last year’s surge in rates.

Logistics Network Optimization Software 202

Logistics Network Optimization Software Waste Reduction Cost Reduction Strategies Resource Reduction 202

Supply Chain Matters

JULY 21, 2023

UPS Labor Contract Negotiations to Resume After labor contract renewal negotiations stalled earlier this month , parcel carrier and logistics services provider UPS and the International Brotherhood of Teamsters representing upwards of 330,000 workers, are planning to return to the bargaining table next week to hash out the remaining issue of wages.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Transportation 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport. By crafting a well-defined strategy, businesses can mitigate transportation costs, mitigate supply chain disruptions, and uphold customer satisfaction. Local Charges – Agreement and Tenure.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Supply Chain Game Changer

OCTOBER 29, 2020

Do You Have Hidden Freight Costs? Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right. Market Knowledge. Your freight sourcing team should have a sound knowledge of these suppliers in order to be aware of who to contact for which activity.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

BR Williams Supply Chain Management

AUGUST 6, 2020

Integrating intermodal shipping into your supply chain can bring significant cost-savings, increased levels of security, improved safety, and make shipments flexible. Intermodal shipping refers to using more than one mode of transportation, such as truck, rail, or ship, to transport goods from a shipper to consignee.

Negotiating Skills 98

Negotiating Skills Shipping Cost Reduction Strategies Price Reduction 98

Logistics Viewpoints

DECEMBER 7, 2021

The unprecedented cargo logjams off the southern California coast wreaking havoc on supply chains show no signs of waning. They face higher costs. In some cases, those same caps bring even higher costs. They have less negotiation power with carriers and partners. The net effect creates a difficult reality for shippers.

Capacity 191

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 191

CH Robinson Transportfolio

APRIL 9, 2018

5 Things to Know Before Negotiating Ocean Shipping Contracts This Year | Transportfolio. The 2018-19 contract season for ocean shipping is here, and it’s time to think about the best way to approach negotiations. The fact remains that the cargo can still move with the carrier you are trying to avoid under a different bill of lading.

Negotiating Skills 34

Negotiating Skills Shipping Price Reduction Cost Reduction Strategies 34

Supply Chain Game Changer

APRIL 29, 2020

Do You Have Hidden Freight Costs? Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins. The cheapest quote may not always provide overall cost savings. Here are 15 tips for lowering ocean freight costs.

Negotiating Skills 69

Negotiating Skills Cost Reduction Strategies Optimal Sourcing Freight 69

CH Robinson Transportfolio

APRIL 12, 2017

As you evaluate your budget and ponder the best way to approach negotiations, you will want to keep costs down, consider options, and mitigate risks. After this experience, some companies feel they need to consider their carriers’ financials and do all they can to avoid putting their cargo on carriers that they perceive to be at risk.

Negotiating Skills 34

Negotiating Skills Shipping Price Reduction Cost Reduction Strategies 34

Supply Chain Game Changer

NOVEMBER 19, 2020

Many businesses today, such as those that specialize in importing and exporting goods, seek the help of a skilled freight forwarder in order to ensure a seamless and hassle-free transportation process. Some businesses that transport goods in lower quantities often choose LCL because it is way cheaper than FCL.

Negotiating Skills 92

Negotiating Skills Freight Buyer Training eBook 92

MIT Supply Chain

APRIL 23, 2013

Is ocean transportation a commodity? If so, how can carriers and shippers improve the mode outside of negotiating more competitive freight rates? In trucking, for example, shippers and core carriers enter into strategic relationships to increase efficiency on a number of fronts. Ocean shipping more than a commodity?

Negotiating Skills 45

Negotiating Skills Price Reduction Transportation Expense Reduction 45

Logistics Viewpoints

SEPTEMBER 22, 2023

We have been planning early and leveraging investments in our people, infrastructure, transportation and technology made possible by the Delivering for America plan. Cargo volumes at the Port of Los Angeles rose 3 percent year-over-year to 828,016 TEUs in August, marking the first increase in 13 months, port officials said.

Los Angeles 222

Los Angeles Material Savings Logistics Network Optimization Software Waste Reduction 222

Intelligent Audit

AUGUST 16, 2022

Despite optimistic changes in air travel in 2022, air cargo availability remains slim amidst continued disruptions, revealing the need for continued surcharges and fees that complicate freight billing. Time will tell if UPS sees more peak season returns due to its continued price rates compared to their other parcel giant competitors.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Negotiating Skills Purchasing Skills Demand Planning Software 98

Intelligent Audit

JANUARY 9, 2023

As the transportation industry waves goodbye (and good riddance) to 2022, innovative logistics professionals are already working hard to make 2023 a banner year for the global transportation industry. FedEx Launches Consolidated Returns Service. 12 statement from FedEx. “ 12 statement from FedEx. “ 15 press release.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Negotiating Skills Transportation Purchasing Skills 52

The Logistics of Logistics

OCTOBER 9, 2012

Check the terms and conditions (boilerplate) of the contract with your lawyer or a Transportation Consultant or both. There will be cost savings after the carrier has experience hauling your cargo from city to city and finds the optimum routes, loads and modes of transportation. About The Author. CPIM, and Value Engineer.

Negotiating Skills 100

Negotiating Skills Purchasing Skills Third Party Logistics 3PL 100

Enterra Insights

JUNE 28, 2023

The staff at the Transportation Intermediaries Association (TIA) note, however, that the logistics industry plays an “out-sized — and often underappreciated — role … within the greater transportation ecosystem.”[1] Just 14 years later, the first air cargo flight took place in 1910. million people in the U.S.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Supply Chain Design Software 130

Supply Chain Matters

MAY 22, 2023

Transportation prices reportedly contracted for the tenth consecutive month, but authors pointed to a lessened rate in the April data. surveys both indicated that businesses are reluctant to place new orders amid higher material prices and continued economic uncertainty. percent drop in cargo volumes. remains unclear.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

ToolsGroup

DECEMBER 20, 2021

I’ve worked in the supply chain for 30+ years, working for major retailers including Kmart, Michaels and Five Below, as well as on the 3PL and logistics side with companies including FedEx, where I was Vice President of Global Transportation, and UPS, where I worked as Vice President of Supply Chain Design.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

Logistics Viewpoints

FEBRUARY 18, 2022

What Berglund is referring to is the advantage that shipping lines hold for negotiations with cargo shippers for 2022 and beyond. Xeneta currently puts the Asia-West Coast spot rate at just under $10,000 per FEU, with some cargoes paying additional priority shipment fees of $1,400-$7,500.

Logistics Network Optimization Software 201

Logistics Network Optimization Software Pricing Training Indiana Logistics 201

Freightos

JANUARY 29, 2020

A key to efficiency and profitability in commerce is the ability to match supply with demand at its optimal, market-based price, and make that pricing available to customers – all in real time. . There has been growth in revenue of airlines, a reduction in price to consumer, and an increase in utilization.

Cargo 234

Cargo Optimization Software Modeling Software Demand Planning Software 234

American Global Logistics

MARCH 5, 2024

Shipping delays and increased costs have led to higher prices for goods. has been working to negotiate a ceasefire in Yemen. As of late February 2024, CMA CGM is now shipping cargo through the Red Sea trade route. Delays have led to higher costs for goods. That has led to higher prices for goods and services.

Supply Chain Planning Software 52

Supply Chain Planning Software Purchasing Skills Negotiating Skills Supply Chain Strategy 52

CH Robinson Transportfolio

AUGUST 15, 2014

In the transportation industry, there are many moving parts that can impact your day-to-day operations. The Market Update, a new monthly post highlighting key factors that impact the transportation industry in North America, will keep you up to speed on the latest news and topics that matter to your business. Diesel Pricing.

Negotiating Skills 54

Negotiating Skills Transportation Industrial Industry 54

Turvo

OCTOBER 5, 2021

The global transportation system in 2021 is experiencing a unique and unexpected crisis. Market participants state that the cost of transportation has increased from approximately $1,500 to $6,000 – $9,000 per container in February this year. Delays and container shortages have driven up prices.

Capacity 66

Capacity Negotiating Skills Asia Price Reduction 66

Supply Chain Matters

JANUARY 17, 2023

Part Three of this series shared our fourth 2023 prediction that was focused on different priorities for supply chain talent, skills retention and employee retention strategies. In this update, we focus on our fifth prediction which is focused on global transportation and logistics services sectors. Prediction Background.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 52

GlobalTranz

APRIL 17, 2018

These giants have deep pockets, capable of offering low-cost, if not free, parcel shipping. Unfortunately, the volume of small packages shipped , as well as the variety of carriers used, can make keeping costs in check sound like a dream, inaccessible. Negotiate Shipping Rates Like a Pro. Purchase Insurance.

Material Savings 151

Material Savings Shipping Cost Reduction Strategies Negotiating Skills 151

Intelligent Audit

OCTOBER 12, 2021

Everything costs money, including the operating costs involved with moving goods from Point A to Point B in the supply chain. Regardless of what they are called, these fees are added to the already listed base price for the shipment that has been calculated and paid for. Why Shipping Surcharges Exist in the First Place.

Negotiating Skills 52

Negotiating Skills Shipping Supply Chain Planning Software Supply Chain Design Software 52

Intelligent Audit

JULY 14, 2022

Cargo vessels, planes, and semi-trucks portray freight transportation as they cross great distances to get loads to their final destination. While apparent damage is an obvious reason to file a cargo claim, few know where to start. Loss of Cargo Due to Inaccurate Drop Off and Delivery.

Logistics Network Optimization Software 52

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

CH Robinson Transportfolio

SEPTEMBER 12, 2014

In the transportation industry, there are many moving parts that can impact your day-to-day operations. From monitoring driver shortages to tracking diesel pricing, staying current on the events in transportation means you will be better equipped to make knowledgeable business decisions and drive growth and efficiency into your supply chain.

Negotiating Skills 49

Negotiating Skills Purchasing Skills Transportation Industrial 49

Talking Logistics

JULY 5, 2018

For most individuals, surprises can be wonderful—but, as a shipper, you try to avoid them at all costs. Discuss with your strategic suppliers what is most attractive to them. If you can provide what they seek, you will receive attractive pricing, capacity commitments, and top route guide performance. Risk control.

Price Reduction 101

Price Reduction Expense Reduction Waste Reduction Cost Reduction Strategies 101

Talking Logistics

OCTOBER 29, 2013

What is this going to cost? Besides providing fast, thorough answers to customers, today’s ERP, cloud-based SaaS, or 3PL-operated systems enable companies to manage the order lifecycle, control information and cargo flows, and reduce the total cost of goods. Total order lifecycle and related cost of ownership decrease.

Pricing Training 142

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 142