Remove 2009 Remove Company Remove Freight Remove Sourcing
article thumbnail

Ocean Freight Procurement and Going with the Stream

Freightos

Not that long ago, they were the only way people listened to music, peaking at 23 million units sold in Q1 2009. The annual fixed-price contract is the current go-to for ocean freight procurement. Source: SGX, Freightos Baltic Index. This, of course, requires a reputable global freight index. We never looked back.

article thumbnail

Guest Viewpoint: What’s Driving Freight Costs Higher?

The Logistics of Logistics

<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).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Using Digital Supply Chain Planning to Respond to Market-Changing Disruptions like COVID-19

ToolsGroup

Gartner research shows that companies that continued to increase earnings while others declined in 2009 and 2010 were those that were able to keep their foot on the gas through the downturn because they had planned responses in advance. Will your company merely survive it, or will you keep your foot on the gas and surpass expectations?

article thumbnail

Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030

Arkieva

Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030. The Sustainable Freight Action plan released by California governor Jerry Brown outlines a long-term 2050 vision and guiding principles for California’s future freight transportation system. Source: Commerce Dept.

article thumbnail

The Free TMS with Tim Higham

The Logistics of Logistics

Prior to starting AscendTMS, Tim co-founded and ran a national 3PL, where he invited Palm Beach Capital LLC to become minority equity shareholder in July, 2009 in order to speed both internal growth and outside acquisitions. After selling his company, IRC, Inc., AscendTMS is also profitable and totally debt free.

article thumbnail

Stories of Supply Chain Leadership: An Interview with Joan Motsinger of Seagate

Supply Chain Shaman

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. In our work on the Supply Chains to Admire report , we tracked the progress of manufacturing, retailing and distribution companies for the period of 2006 to 2013 and 2009-2013. As a goal, it is easier to say than to define. His reasoning?

article thumbnail

Time to Squeeze Carriers for Better Rates?

Talking Logistics

There was a deceleration in freight volumes during the second half of 2015 which continued into the first month of 2016. So, that tells me that the inventory situation continues to weigh on truck freight volumes. percent in December from November , with December 2015 freight shipments down 2.0 percent from December 2014.