Freightos

APRIL 25, 2024

e-commerce customers’ love for free shipping. ‘de minimis’ rule, which exempts imports under $800 from customs and makes brokerage fees minimal, they have shipped massive volumes via air cargo. Source: Freightos Air Index The Commercial and Ethical Impact Beyond the underlying costs, U.S. Utilizing the U.S.

Cargo 165

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Freightos

APRIL 27, 2023

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

GlobalTranz

DECEMBER 5, 2018

For freight, managing black swan events, like risk mitigation , means finding problems that are on the verge of causing disruption and taking advantage of resources to minimize their impact. For shippers, this means finding a way to handle changes in inventory and replenishment, as well as managing outbound freight and reverse logistics.

Price Reduction 168

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Logistics Viewpoints

NOVEMBER 8, 2023

The dashboard is part of a broader Sustainability Hub, which allows companies to collaborate and access freight emissions from FourKites tracked freight. Companies can accurately calculate shipping level emissions and compare them across specific time intervals. It is also the best play for long term sustainability.

Benchmarking 217

Benchmarking Sustainability Optimal Sourcing Sourcing Strategies 217

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. In this article, we explore the pros and cons of the alliance model in the shipping industry, compare the solo strategy versus alliance strategy, and provide tips on how shippers can prepare for market swings.

Risk Management 130

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GlobalTranz

DECEMBER 22, 2020

That trend also plays into an extended peak shipping season and ongoing tightened capacity in all modes. To help shippers prepare, we will examine contributing factors that will play a significant role in the 2021 truckload freight market. Consumer Spending Shifts Will Continue To Impact The Truckload Freight Market.

Forecasting 156

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Logistics Viewpoints

FEBRUARY 7, 2024

On top of that, some retailers are developing sustainability scorecards for items, allowing consumers to see hoe sustainably sourced and delivered their order is. Too often, warehouses use boxes to ship items that require a lot of additional packaging. Ocean shipping can play a big role in sustainability and energy transition.

Waste Reduction 263

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GlobalTranz

FEBRUARY 28, 2017

The freight industry of today is evolving rapidly. It is no longer bound by the traditional constraints of the economy, and Amazon is gearing up to begin expanding to be the best of the global freight shipping providers. 8 Freight Shipping Trends Shippers Must Know for 2017. Freight Rates Will Increase.

Freight 120

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Logistics Viewpoints

APRIL 19, 2024

cargo imports in May could hit highest level since last October Transloading is heating up again Hundreds of cargo ships lost propulsion in U.S. waters in recent years Ocean freight rates expected to jump after Iran seizes containership Walmart Canada is launching a national pilot program for customers to recycle their reusable shopping bags.

Logistics Network Optimization Software 201

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3PL Insights

NOVEMBER 15, 2021

Amidst all of these stories of shortages and bottlenecks, we thought it would be helpful to explain the basics of shipping ocean freight. In this article, we will explain the shipping process, identify the different types of cargo, and show the benefits of ocean freight shipping. What is Ocean Freight?

Freight 98

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The Logistics of Logistics

MARCH 25, 2022

The Air Freight Market with Eric Kulisch . Eric Kulisch and Joe Lynch discuss the air freight market. Eric is the Air Cargo Editor at FreightWaves, the leading FreightIntel provider, offering current digital intelligence and context to the freight community on a central platform. Key Takeaways: The Air Freight Market.

Logistics Network Optimization Software 130

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Freightos

JUNE 15, 2021

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. Container shipping costs are usually shockingly low.

Global 397

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Freightos

JUNE 6, 2023

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. This was terrible news for a company now on the hook to ship to kids who were suddenly cooped up and hankering for a fort.

Manufacturing Procurement 248

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Logistics Viewpoints

NOVEMBER 2, 2021

When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. It’s an apt metaphor for ocean shipping these past many months. And the list goes on.

Supply Chain Planning Software 185

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Intelligent Audit

MARCH 30, 2022

With the continued advancements in shipping logistics and services, the rise of freight visibility is among the most critical points management must consider. Poor Freight Visibility Results in Inefficiencies. Poor Freight Visibility Results in Inefficiencies.

Network Optimization Software 52

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Supply Chain Game Changer

JANUARY 18, 2022

For many years the predominant priority in sourcing has been finding the lowest cost possible. What is the appropriate sourcing strategy going forward? Should you keep work in low cost geographies, establish sources in multiple geographies, or on-shore work into high cost domestic countries? Geographic Sourcing History.

Manufacturing Procurement 93

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Logistics Viewpoints

MARCH 15, 2024

The tolls that ships pay are now around eight times more expensive than normal. Ship operators fear that their crews could be imperiled on the journeys through the Red Sea by missile or drone attacks from a Yemen-based rebel group. One source said that the strategy could be announced Tuesday.

Expense Reduction 230

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The Logistics of Logistics

DECEMBER 1, 2023

Mark’s 35 years in transportation and logistics includes 17 years of experience with Transplace (now Uber Freight), where he held the position of Sr. An experience that was built by freight practitioners for freight practitioners. Freight Settlement Automation: Simplify and streamline freight payment process.

Optimal Sourcing 217

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ShipBob

FEBRUARY 12, 2024

At a time when cross-border commerce and shipping are booming, using multiple means of transport can complicate your operations and require the implementation of sophisticated shipping processes. That’s why many businesses outsource shipping to third-party logistics ( 3PL ) providers like ShipBob.

Rail Software 52

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Unleashed

JUNE 27, 2023

One wrong decision and freight costs can skyrocket, greatly impacting your profit margins. If you’re sending goods internationally, third-party freight forwarding services offer a frictionless solution. Here we explore what freight forwarders do, the benefits and risks of working with one, and how the freight forwarding process works.

Negotiating Skills 52

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Resilinc

DECEMBER 21, 2023

Understand how the recent Red Sea ship attacks are impacting global supply chains and how to mitigate potential risks. Ships are avoiding Egypt’s Suez Canal, the shortest maritime route from Europe to Asia and one of the world’s most important waterways, which accounts for about 12% of the world’s shipping traffic.

Supply Chain Planning Software 61

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Intelligent Audit

MAY 23, 2022

Many shipping companies ask this question to lament the current containerized logistics situation. On March 14, 2022, McKinsey and Company proposed four future recovery scenarios, summarizing that, “Container freight rates will remain elevated throughout most of 2022 while the containerized logistics disruption persists.”

Optimal Sourcing 52

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GlobalTranz

NOVEMBER 27, 2018

LTL capacity has routinely been used as a source of added capacity when full truckload becomes unavailable. LTL capacity is quickly becoming harder to find, and full truckload carriers have already started to turn away freight. In a Nutshell The shipping surge will continue. Get Your Free Copy Here. Download White Paper.

Capacity 151

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Intelligent Audit

MARCH 21, 2022

Of all the details shippers and businesses have to manage and track, transportation costs and freight audits can be the most overlooked and impactful. Optimizing freight transport and hauling services with freight contracts can be done by taking the following steps to ensure accuracy in auditing and management. ?Unify

Optimal Sourcing 52

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EC Sourcing Group

DECEMBER 1, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Optimal Sourcing 52

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The Logistics of Logistics

JULY 14, 2023

Faced with the challenge of limited data availability, he co-founded Vizion, an API-first solution empowering cargo owners, freight forwarders, and software providers to achieve true supply chain visibility by tracking ocean freight in near real-time. Vizon provides multiple data sources for tracking containers across ocean and rail.

Container Tracking 195

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EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

Talking Logistics

AUGUST 13, 2018

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . One area that can quickly yield benefits is in parcel shipping.

Negotiating Skills 103

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GlobalTranz

NOVEMBER 30, 2021

Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Leverage TMS technology platforms to source OTR transportation capacity in tight markets, keep information in context, and stay informed with real time visibility.? a shipment?doesn’t

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

Intelligent Audit

MARCH 10, 2022

Freight invoice audit services can make a huge difference in recovery for shipping and transportation companies of all sizes, especially as disruption continues. freight invoice audit data hinges on ensuring all documentations are accurate. Freight Class. Bill of Lading. Fuel Surcharges. Through Rates.

Freight 52

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Logistics Viewpoints

FEBRUARY 15, 2022

True resiliency is achieved when supply chain leaders can predict issues and dynamically respond – from sourcing and manufacturing to final delivery – with agile solutions. To cultivate true supply chain resiliency, the concept of end-to-end supply chain visibility should not be limited to freight shipment transparency.

Agile and Lean Supply Chain 281

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Optimal Sourcing 281

Freightos

DECEMBER 4, 2015

COP21, the Paris Climate change conference taking place this week got us thinking what the carbon cost was for shipping the TV. A quick check showed that shipping the TV from Taiwan to Nashville (ocean & trucking) led to about 6.7 The broader climate issue.and freight’s role. kg of carbon emissions.

Freight 120

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Freightos

OCTOBER 31, 2022

But then global freight kicked in. . It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted. You can hear the full interview with Conor in our podcast series, Ship Happens. .

Supply Chain Planning Software 156

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Intelligent Audit

JULY 6, 2022

Shippers understand this feeling well, sometimes regularly dealing with damaged in-transit freight. So when damaged freight happens, what’s next? Common Causes for Damaged Shipments and Freight Claims. Carriers and shippers understand that the fingers start pointing as soon as a load of damaged freight arrives at the dock.

Shipping 52

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Intelligent Audit

JULY 21, 2022

of the nation’s freight by weight.” And that number is growing as e-commerce expands and more companies look to leverage ground versus air transportation to save on shipping spend. However, that complexity means an added degree of importance in all freight in accounting processes. . What Is Freight-in Accounting?

Freight 52

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The Logistics of Logistics

AUGUST 28, 2023

About DAT DAT Freight & Analytics, a subsidiary of Roper Technologies (NYSE: ROP), boasts the largest North American truckload freight marketplace, with data representing over 400 million freight matches and $150B+ in annual transaction data. Tusk save Shippers 40% or more on small parcel shipping. The Greenscreens.ai

Logistics Network Optimization Software 240

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