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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. Going forward, it is vital that shippers analyze their freight spend and if required renegotiate their rates regularly to remain competitive.

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The Data Behind Amazon’s Logistics and Fulfillment Play

Freightos

Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services.

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Have Spot Market Rates Bottomed Out?

DAT Solutions

Yet the freight surges that many of us have been accustomed to seeing at this time have been noticeably absent. For multiple reasons, spot market freight volumes and rates have been trending down for most of 2015 -- van rates since March, and flatbed and reefer rates since June. and Canada, for vans, reefers and flatbeds.

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The Upswing of Chinese Logistics Companies

Elementum

Logistics, the complex operation involving the movements of people, facilities, and supplies, is applied in every industry from manufacturing to retail to trade. in 2015 to US $15.5T In 2015, the Asian-Pacific region dominated the industry with significant impact from China, India, Singapore, Indonesia, Japan, and Malaysia.

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23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

A shift to manufacturing critical goods like pharmaceuticals in the United States would lead to higher production costs, for instance. Review haulers and expediters for: Cost comparison — Make sure you know who gives you the best value. billion, while transportation costs increased by 10.4% trillion and motor carrier costs rose 10.1%

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How Building Materials Manufacturers Can Address Rising Material Costs

USC Consulting Group

Firms in the building materials manufacturing space are, of course, among the numerous industrial businesses dealing with the repercussions of these duties. For comparison, the average price per thousand feet of Canadian fir, pine or spruce wood hovered near the $500 mark for most of 2017. Operational optimization.

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Doing Business in the United States

QAD

For comparison, this makes the country about half the size of Russia or South America, and more than twice the size of the European Union. Manufacturing in the U.S. Manufacturing averaged about $1.98 Supply Chain Infrastructure for Manufacturing. Annual freight traffic equaled about 37.22 billion mt-km in 2015.