Transportation management system (TMS) technology helps companies to manage a host of performance metrics – including working capital. The link between freight transportation and this financial metric might not be obvious, but working capital is a key measure of a company’s efficiency and a number of the logistics metrics that are monitored by TMS solutions impact its performance. High-value metric. Is Working Capital on Your Logistics Dashboard? Connect. MORE

WorldShipping.org cites data from The Network for Transit and the Environment that shows that measured by grams/kg/km air freight as the largest carbon footprint impact and steamships as the lowest. According to the American Trucking Association, in the USA trucks move 11 billion tons of freight each year; deliver 100 percent of all consumer products and 70 percent of all freight tonnage ; and deliver to the 80 percent of U.S. MORE

Starts for single-family homes were an annualized 768,000 in November 2015, the highest level since January 2008. Cass Freight Index: The December shipments index decreased 4.9% Freight Rail: Traffic Originations of carloads in December 2015 totaled 1,219,443, a decrease of 15.6% Source: AAR.org) (Average monthly price for gallons purchased by freight railroads; Includes federal excise taxes, transportation, and handling expenses). . AIR FREIGHT: . MARKET: . MORE

Starts for single-family homes were an annualized 768,000 in November 2015, the highest level since January 2008. Cass Freight Index: The December shipments index decreased 4.9% Freight Rail: Traffic Originations of carloads in December 2015 totaled 1,219,443, a decrease of 15.6% Source: AAR.org) (Average monthly price for gallons purchased by freight railroads; Includes federal excise taxes, transportation, and handling expenses). . AIR FREIGHT: . MARKET: . MORE

Ed Barriball, Partner at McKinsey & Company, takes a similar position and suggests looking at internal systems and metrics first, with an emphasis on keeping it simple, followed by building out into easily available data sources. “I MORE

in February 2016, the lowest level since February 2008. MULTIMODAL: Cass Freight Index: The February shipments index increased 8.3% Freight Rail Traffic: Originations of carloads in February 2016 totaled 979,042, a decrease of 10.1% Source: AAR.org) (Average monthly price for gallons purchased by freight railroads; Includes federal excise taxes, transportation, and handling expenses). Air Freight News Clips: Worldwide sales of semiconductors reached $26.9 MORE

Even as the industry is becoming more data driven than ever before and cutting-edge software is increasingly used to manage freight from start to finish, the development of your sales team is still important. According to Supply Chain Quarterly , Quarter 4, 2011 issue: “Supply chain scorecards typically focus on operational metrics. Holm MS PCC CPCC is a Professional Certified Coach since 2008, focusing on executive and career development along with personal branding. MORE

One popular metric – a country’s logistics costs as a percentage of GDP – has China at 18% and the US at only 8.5%. Supply and demand on US-China exports, combined with historically low freight prices, meant that, shipping a 40′ foot container from the Port of Long Beach to the Port of Shenzhen costs less than the price of a mid-range MacBook. Freight Insights LogTechWhy Singles Day Will Become A US Sales Festival. By Zvi Schreiber, CEO of Freightos. MORE

While reliable service and low prices are still important, these metrics have become prerequisites for commercial success. One reason is the increased focus on cost control in the aftermath of the financial meltdown of 2008. “We In the ocean mode, for instance, the consolidation of steamship lines means that more than ever shippers and 3PLs need the leverage that comes from high freight volumes when negotiating with carriers. Logistics on the move. MORE

WorldShipping.org cites data from The Network for Transit and the Environment that shows that measured by grams/kg/km air freight as the largest carbon footprint impact and steamships as the lowest. According to the American Trucking Association, in the USA trucks move 11 billion tons of freight each year; deliver 100 percent of all consumer products and 70 percent of all freight tonnage; and deliver to the 80 percent of U.S. MORE

2009 was an exception due to the 2008–2009 recession.) Preferred shippers maintain complete, detailed communications about each freight load with carriers. Implement a Transportation Management System (TMS) to comprehensively manage logistics surrounding and including the shipping function as well as related performance metrics. 10 Strategies for Shippers to Fight the Capacity and Trucker Shortage appeared first on Freight Logistics Company | Cerasis. MORE

Under this regime, the primary responsible party in the freight market will be the vessel owner or operator. m/m in 2020 was taken way back in 2008 and it got ratified in 2016 in the 17th session of MEPC meeting. Reducing sulphur emissions by utilizing low sulphur fuel oils in shipping vessels will help reduce greenhouse gas emissions by at least 50% by 2050 compared to 2008 requirements. million metric tons annually. Preparing for a New Marine Freight World. MORE