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Keeping shipping costs under control is no small task — and unpredictable freight fuel surcharges make it even tougher. In this blog, we'll walk you through how to calculate fuel surcharges on freight, track pricing trends, audit your shipping bills, and work with the right 3PL partner to keep your costs under control.
Kristina is the Director of Operations at Bettaway, a privately held, family-owned SupplyChain Services company headquartered in South Plainfield, New Jersey. About Bettaway Bettaway is a privately held, family-owned SupplyChain Services company headquartered in South Plainfield, New Jersey. Bettaway West, Inc.:
Blythe is t he Founder of both Digital Dispatch (logistics marketing services) and most recently CargoRex, a technology platform designed to unify and empower the logistics ecosystem.
Twenty twenty-five is starkly different: the next global war has already begun, and it’s unfolding not on distant battlefields, but right through the supplychains that you rely on. Your supplychain is already directly in the line of fire. Worse, we lack a coherent strategy to counter this "long war" already underway.
year-on-year in June, after higher tariffs on goods from the country's top ocean trade partner extended a steep drop that began in May , supplychaintechnology provider Descartes (DSG.TO) said on Tuesday. Donald Trump’s tariff scattergun will miss target A good tradesperson picks the right tool for the job.
Global supplychainautomation analysts at Interact Analysis have lowered their projected growth for the mobile robot market by $800 million, citing shifts in global supplychains and heightened uncertainty, largely due to tariffs.
freight railroad operator, is exploring a possible acquisition of Norfolk Southern (NSC.N) Apple in $500 million rare earth magnet deal with MP to expand US supplychain Apple (AAPL.O) Union Pacific, Norfolk Southern explore cross-continental railroad merger, source says Union Pacific (UNP.N) , the largest U.S. trade deal.
It first ran in December 2008. Click here to send us your comments Original Column Starts Below: I’ve done projects before and since, but nothing was quite like the year I spent at totes Isotoner putting in an automated distribution system in a new DC in Cincinnati 10 years ago. It was a helluva year and heck of a story. Gilmore Says.
The deal was reworked to raise the price floor in both 2002 and 2008, before a new agreement that separated pricing categories for different types of tomatoes was signed in 2013. agreed to pause its investigation that same year after Mexico agreed to sell tomatoes at a set minimum price. border entries for bulk tomatoes.
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The global supplychain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global SupplyChain Pressure Index fell to the lowest level since November 2008. The ride is uphill, but the visibility is low. What is normalcy?
Seventy-one percent of the surface of our “blue planet” is covered by oceans which is also reflected in the fact that 80% of goods are moved via sea transportation within the global supplychain [1]. Marine optimization technologies help address all these issues. Operational Considerations. Cargo transfer requirements.
There are tens of thousands of books about logistics and supplychains. Amazon has 31,817 books about supplychain and 24,934 about logistics. That’s 56,751 supplychain and logistics books. But we got it down to ten logistics and supplychain books you’ll actually want to read.
Bringing Freight Online With WebCargoNet And Freightos. We have exciting news at Freightos – we’re proud to announce that we’ve acquired WebCargoNet , a leading logistics technology provider. But this story is more about a vision for a better future of freight, than just another acquisition.
That will be in 2015, after the peak of oil [supply].”. made that prediction in 2008 (see the Barron’s article What $300-a-Barrel Oil Will Mean for You ). I use this example to illustrate the challenges (or, perhaps, the futility) of making supplychain and logistics predictions. The Google TMS?
And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing $4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? It starts back in 2008. .
And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing USD4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? It starts back in 2008.
Doug is the CEO of Echo Global Logistics , a leading provider of technology-enabled transportation and supplychain management services. Doug Waggoner has served as Chief Executive Officer of Echo Global Logistics since December 2006 and was a Board member from 2008-2021. About Doug Waggoner.
For the past few years I’ve been using that phrase, which you typically find in investment literature, when making the case for innovation in supplychain management. As the table below shows, back in 2008, the U.S. These new participants frequently have less experience executing the development of efficient supplychains.
Approximately 60 percent of today's unfilled manufacturing jobs are due to a shortage of applicants with sufficient proficiency in science, technology, engineering, and math ( STEM ) skills. Nationally, the health care and technology industries have been especially hard hit by the staffing deficits. Filling the Skills Gap.
<strong><em>If you think the price of fuel is the only element driving freight costs higher – </em><em>Think again! </em></strong> Introduction. Ground freight was then followed by 8.7% The best indicator of ground freight cost is the US Freight Rate Index, CPM (cost per mile).
In 2019, digital freight isn’t a vision; it’s a reality. Whether by air, land, or ocean, supplychains over the last few months paint a picture of rapid fluctuations. Land travel restrictions in Asia extended Chinese New Year, dropping ocean freight demand, which, just weeks later, spiked when the shutdown ended.
We will feature our 5 main categories all week: Logistics , Manufacturing , SupplyChain , Transportation , and Freight. 5 Most Popular Freight Blog Posts of 2016.So We display the most popular freight blog posts in the order of #5 to #1. 9 KPIs to Track for Proper Freight Management. We hope you enjoy!
More Resources Home Innovative Synergies: Logistics Tech Lessons from Other Industries Judah Levine May 23, 2024 Though the logistics and supplychain industry has made and continues to make a lot of progress in its digital transformation, it has a reputation for being part of the late majority or even a laggard in terms of digitalization.
A Freightos survey of 300+ companies sheds light on how importers have been navigating supplychain disruptions. You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. What’s changed in a year?
In the wake of the financial crisis of 2008–2010, CSR again became a focus for evaluating corporate behavior. CSR in Your SupplyChain. CSR opportunities can be found across the entire supplychain in many different forms, including vendor compliance, quality management and sustainability as a whole.
The broader climate issue.and freight’s role. The emissions from freighting Shawn’s TV is a miniscule percentage of this year’s 33 billion ton cube. The emissions from freighting Shawn’s TV is a miniscule percentage of this year’s 33 billion ton cube. kg of carbon emissions. This is a big deal.
About Nicole Glenn Nicole Glenn founded Candor Expedite in 2017 after more than two decades in the transportation brokerage business, with a vision to build the smartest and most efficient freight business that delivers on its client’s promises. and in 2016 became head of Cherry Logistics Corporation.
John Gillespie and Joe Lynch discuss the grocery & produce supplychain. John is the Chief Technology Officer at MegaCorp Logistics , an award-winning logistics firm with remarkable growth based on their superior service. Starting in 2008, John was in the healthcare industry providing network and security support.
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
Since we live and breath freight, we constantly come across information that’s critical for our customers – logistic providers, shippers and carriers. And as freight innovators ourselves, we love seeing more innovation. Looking for broader news or supplychain social media influencers? Freight index jitters.
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. It’s out of sight of the commentators and activists, and none of the supplychain stakeholders will realize a financial gain by solving it.
Blockchain technology is revolutionizing the way businesses manage their supplychains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supplychain can help increase efficiency, reduce costs, and improve trust between suppliers and customers.
Disrupted Logistics in SupplyChain Over the last four to five years, we have experienced disrupted logistics—broadly defined here as the interruption or complete breakdown of the supplychain functions at one or multiple levels. Similar behavior was seen across road transport and air cargo.
We've already listed the top 10 manufacturing articles, the top 10 supplychain articles, and yesterday, the top 10 logistics articles. We will then conclude the 5 main categories by featuring the top 10 freight articles of 2015. WHITE PAPER] The Complete Guide to Freight & Transportation Accounting.
They talk about the growing popularity of podcasts in the logistics industry and how podcasting can be a helpful tool for professionals to stay up-to-date on industry trends and insights. That’s why Digital Dispatch is on a mission to help every freight company build a better website that connects your digital sales dots.
For most companies with supplychains to manage, the holiday season from Halloween through New Year’s Eve is an incredibly busy time. Following the Great Recession of 2008, unemployment rates have been steadily decreasing, currently resting at 3.7% in September 2018 according to the U.S. Bureau of Labor Statistics.
I thought I understood all the major supplychain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and SupplyChain Strategy beyond Covid-19. The potential supplychain impacts of this conflict dwarf any other supplychain news that might be reported.
A beautiful woman passed away this morning, my wife’s aunt who we all loved, so I will be brief with my comments about this week’s supplychain and logistics news. HighJump Adds SupplyChain Analytics to Enterprise Software Suite. April 2016 North American Freight Numbers. Logistics in Transition: U.S.
As part of LogiSYM Asia Pacific 2022, we had the opportunity to chat with Vittorio Favati, Chief Executive Officer – TVS SupplyChain Solutions GFS. He also went on to share what he sees as the five key changes making a global impact to supplychains today and gave advice for those working in or considering a career in our industry.
The value of peer-to-peer learning and networking was evident at last month’s Ryder Innovate conference — “an exclusive gathering of senior leaders in transportation, logistics, and supplychain seeking strategic insight, new ideas, and thought leadership to improve their supplychain and fleet operations.”
Accellos, a leading provider of supplychain execution software solutions, has named Bill Ashburn General Manager of its line of transportation software solutions. Since its founding in 2006, Accellos has successfully completed six acquisitions, enabling an end-to-end supply-chain product offering. “All
Lots of supplychain and logistics news this week, so let’s get started… Transplace Introduces Preferred Shipper Checklist. Rockfarm SupplyChain Solutions Announces Acquisition of Global Distribution & Logistics. Kuebix Announces New Name and Disruptive Technology.
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