8 Freight Shipping Trends Shippers Must Know for 2017

GlobalTranz

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. As a result, your company needs to think about these freight shipping trends and how you can prepare to respond to them as soon as possible. 8 Freight Shipping Trends Shippers Must Know for 2017. Freight Rates Will Increase. Freight

Logistics Technology Q2 2017 Roundup

Freightos

Logistics Technology Q2 2017 Roundup. For enterprise forwarders and carriers, the marching orders for Q2 appeared to be freight visibility, as a number of companies unveiled solutions to enhance cross-supply chain visibility of shipments. Meanwhile, Uber Freight formally launched its product, while continuing to face strong competition from other on-demand trucking startups. The post Logistics Technology Q2 2017 Roundup appeared first on Freightos. Freight Insights

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The Top 6 Trends in Logistics Impacting Shippers in 2017

GlobalTranz

Although rate volatility is expected to stabilize in 2017, organizations must do more with fewer resources to survive. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. This graph shows how quickly the surge begin and rise in 2017. Consumer Demand Will Shape Logistics Services in 2017. Like 2016, logistics providers will be tested for weaknesses in 2017.

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The Top 10 Supply Chain Blog Posts from 2017

GlobalTranz

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. We will feature over the next 4 business days each category's most viewed posts over the course of 2017. These will only contain posts written in 2017. There were approximately 220 blog posts in 2017, and over 360,000 page views on those posts alone.

Winds of change in freight transportation supply chain: Platooning technology

Kinaxis

I found it interesting to discover that one of their current projects has direct impact on supply chains; more specifically, on freight transportation. tons of freight in 2015, accounting for 70.1% of domestic freight tonnage. Therefore, with trucks playing such a dominant role in the freight transportation landscape, reducing fuel consumption could also reduce the carbon footprint of the trucking industry as a whole.

What Is Free or Freight on Board (FOB), and Why Should Shippers Understand This Term?

GlobalTranz

One of these terms, free or freight on board, also has irony within its name. What Exactly Is Freight on Board? Freight on board, also known as free on board, refers to a set of Incoterms that govern who owns and pays for a shipment when traveling overseas. However, the interchanging use of free and freight can lead to some confusion, especially considering the terms abbreviation, FOB. Who Pays the Freight Cost for FOB? Freight prepaid.

[e-Book] The Most Impactful Supply Chain & Logistics Trends in 2017

GlobalTranz

“The problem with trends is that they are like a freight train gaining speed; everyone can see the train, but at what point do you say the train is really moving at speed?” – Steve Banker from a recent Forbes article. Download the all new Cerasis e-book "The Most Impactful Supply Chain & Logistics Trends in 2017" by Filling out the Form Below.

[e-Book] The Essential Guide to Inbound Freight Management

GlobalTranz

How Big Is the Problem Of Inbound Freight Management? Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. Depending on the industry and size of the company, a business can spend more than 40% of its annual freight budget on inbound shipping, according to the Aberdeen Group, a research firm in Boston. A more efficient inbound freight program can minimize delays, save money and even reduce confusion.

Freightos Raises $25 Million Round Solidifying Position As Digital Global Freight Leader

Freightos

Round extension led by GE Ventures, after 600% order growth in six months following the Freightos Marketplace launch and adoption of Freightos software by 1,000 freight forwarders. March 29, 2017) – Freightos ®, the logistics technology company bringing freight online, today announced the completion of a $25 million Series B extension round, led by GE Ventures , with participation by additional investors that bring the company’s total funding to $50 million.

Is The Freight Capacity Crunch in Trucking a Myth?

GlobalTranz

The freight capacity crunch has dominated supply chain and logistics since 2014, and many shippers fear it will arrive sooner than many experts believe. The Freight Capacity Crunch Has Not Yet Reared Its Head. The freight capacity crunch remains an object of speculation in among logistics providers and shippers. In the 2017 State of the North American Supply Chain Survey , only 11 percent, one in nine respondents, expressed issues with capacity over the past year.

Top 10 Supply Chain Innovations of 2017

Material Handling & Logistics

Our salute to the best advancements in supply chain technology, processes and labor management from 2017. With all the natural disasters, political posturings and sexual harassment revelations dominating the news cycle of the past year, we sure could use some good news, and that’s exactly what we’ve got for you—the 2017 MH&L Innovation Awards. Content Summary: Uber Freight Aims to Level the Playing Field for Truck Drivers.

Looking for Freight Broker Tips? Join These 5 Online Communities.

GlobalTranz

Launching your business in the freight broker and logistics fields can be an exciting journey. One of the best ways to get the knowledge you need to excel is to turn for freight broker tips in online groups. Unlike official courses where you get the basics about the trade, online groups provide first-hand freight broker resources. Let’s look at five of the top online communities for freight brokers. #1. Freight Broker Tips and Resources (LinkedIn).

Air Freight Explained: Calculating Costs and Price Trends

Freightos

International Air Freight Shipping: Definition. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo. International air freight and express freight shipments are not the same thing. Express freight is typically handled by one company (like DHL, UPS or FedEx) that handles the entire shipment lifecycle, with shipping from door to door in under five days.

2017 Global Industry Outlook

NFI Industries

Global Supply Chain Export Freight Forwarding Import2016 will go down as one of the most memorable years in international trade. The West Coast ports were still working to gain the trust of shippers after the port strike in 2015. Meanwhile, Hanjin Shipping went bankrupt which left some shippers frantic to find new, reliable carriers. Regulations were also hot topics this past. Read More.

Top 10 Talking Logistics Videos and Posts in 2017

Talking Logistics

As 2017 comes to an end, a quick thank you to all of our readers, followers, and sponsors for another great year of learning and conversation on Talking Logistics. The numbers speak for themselves: 43 episodes produced in 2017, totaling more than 1,200 minutes of conversations with thought leaders and newsmakers in the supply chain and logistics industry. Global Shipping Trends: What to Expect in 2017. The Business Case for Freight Visibility.

This Week in Logistics News (February 20-24, 2017)

Talking Logistics

December 2016 North American Freight Numbers. The kids had off from school this week, so we snuck off for a few days of skiing in VT. How was the skiing? Any ski day that doesn’t end with me in the hospital is a good ski day.

Freightos International Freight Index Update March 5-12 2017 (W10)

Freightos

Freightos Freight Index Update. March 5-12 2017 (W10). Weekly insights from the Freightos International Freight Index. This change is consistent across both higher and lower pricing tiers and may be partially due to market wariness regarding stability as the carriers realign in alliances beginning April 2017. – About the Freightos International Freight Index. Freight Insights Freightos Index Update

Shoveling Snow with a Dustpan (Takeaways from BluJay Solutions’ SOAR 2017 Conference)

Talking Logistics

As I prepared my keynote presentation for the BluJay Solutions’ SOAR 2017 conference , I recalled this experience and saw it as a good metaphor for the difficulties many companies are having today responding effectively to the blizzard of supply chain management. Supply Chain Technology Trends Transportation Management Systems BluJay Solutions global trade network SOAR 2017 supply chain operating networkThis past April 1st, it snowed over 6 inches here in Boston.

Using Logistics Technology to Execute a Winning Inbound Freight Strategy & Have Compliant Vendors

GlobalTranz

Fortunately, today’s logistics technology has the power to execute a winning inbound freight strategy and maintain compliance in the following ways. Using Logistics Technology to Execute a Winning Inbound Freight Strategy & Have Compliant Vendors. If an existing shipment needs re-routing, the Cerasis Freight Desk can complete the change at your request, or you have the option of re-routing the shipment from within the Cerasis Rater. Inbound Freight Logistics

This Week in Logistics News (October 9-13, 2017)

Talking Logistics

I’m on borrowed time this morning, so let’s go straight to the supply chain and logistics news that caught my attention this week: DAT Freight Index Hits All-Time High in September. Here’s some data reported by DAT Solutions this week: The DAT North American Freight Index achieved record highs in September, with a 9 percent gain compared to August. Spot freight availability was 74 percent higher than in September 2016.

Supply chain risks: The knowable unknowns that can hurt your supply chain!

Kinaxis

The new CEO embarked on several cost reduction initiatives in conjunction with a number of changes (some may argue too fast and too soon) on how the company operates its freight-trains. by Dr. Madhav Durbha CSX, one of the only two railroad operators in the USA that handles nearly all the shipments that move by train east of the Mississippi River has been experiencing serious challenges since the month of May.

Behind the $5 billion dollars in logistics technology investments

Freightos

At JOC ’s TPM in Long Beach last month, no less than fifteen sessions featured technology, digitalization, and freight future-proofing. The venture capital industry is a key player in driving freight digitalization. 2: (Freight) Data Is The New Oil. Companies with first-hand global freight experience are investing heavily in the sector – UPS alone has made over 15 investments, according to CB Insights. Freight Insights General LogTech News

The Top 7 Manufacturing Blog Posts from 2017

GlobalTranz

Today, we kick off our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. We will feature over the next 5 business days each category's most viewed posts over the course of 2017. These will only contain posts written in 2017. There were approximately 220 blog posts in 2017, and over 360,000 page views on those posts alone.

Transparency and Overcapacity: Where Freight is Going in 2017

Freightos

Where Freight is Going in 2017. For decades, international freight’s mantra was a simple bigger is better. Sluggish global trade, reduced import volumes and record overcapacity showed that the global freight industry is in dire need of change. “the global freight industry is in dire need of change.” In freight, supply and demand can take years to synchronize. While imports flat-lined in 2016 , freight rates were anything but.

Freightos International Freight Index Update March 13-19 2017 (W11)

Freightos

Freightos Freight Index Update. March 13-19 2017 (W11). China-US Ocean Freight Trends. Widely-reported carrier relief of higher pricing in 2017 may be tempered by the third consecutive week of China-East Coast pricing lower than last year and the first week of China-West Coast pricing lower than last year. The Freightos International Freight Indexes tracks the median of rates, not the mean, in order to reduce the impact of outliers.

6 Key Supply Chain and Logistics Trends to Watch in 2017

Logistics Bureau

At the same time, technological advances such as the Internet of Things, automated transportation and similar futuristic innovations , have been offering the promise of disruption for the last few years without really delivering, although there is little doubt that they will, maybe in 2017, or maybe later. It’s hard to say if that moment will arrive in 2017, but for any business carrying the costs of warehouse labour, robotics developments warrant close attention in the year ahead.

This Week in Logistics News (May 15-19, 2017)

Talking Logistics

Uber Freight launches to connect truck drivers with available shipments (TechCrunch). The Weather Company, an IBM Business, Introduces New Solutions Designed to Help Freight and Logistic Companies Improve Operational Efficiency. The other big news is that Uber Freight (after quietly starting operations late last year) officially launched this week. Here are some excerpts from the company’s FAQ page : What is Uber Freight and how does it work? Where is [our] freight?

How to Reduce Product Damage During Shipping

GlobalTranz

FreightEditor's Note: Today's blog is from Cindy Banker with ProCorr Display and Packaging who is bringing us some great insight on how to reduce product damage. If you are a product manufacturer, you know all too well the perils of shipping products from your factory or warehouse to a DC or retailer. Packaging and product damage during shipping is extremely common. So much so, that a certain percentage of loss is often expected and built into the balance sheet.

The Peak Season Surcharge That Wasn’t

Freightos

September’s Flagging Ocean Freight Rates. But this week, according to the Freightos International Freight Index , prices moved in the wrong direction, dropping to some 80% of last year’s prices at this point. FIG 3: China-US West Coast Freight Index’s downward trajectory. Access freight rate insights from 500+ million price points. Freight Insights Freightos Index Update GeneralThe Peak Season Surcharge That Wasn’t.

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What’s Holding Back Customer-Centric Air Cargo?

Freightos

Harnessing cloud-based software to automate freight pricing. It was clear from the speakers that by and large, air freight technology and signs of innovation already here. The E-commerce Influence On Air Freight. Disruption in supply chain and freight forwarding creates uncertainty when dealing with companies inventories. Those forwarders embracing electronic freight sales, for instance via the Freightos Marketplace. Events Freight Insights General LogTech

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Editor’s Pick: Is it Time to Tackle Inbound Freight?

Talking Logistics

In speaking with customers over the last few months, we have seen a significant increase in transportation teams taking more control of their inbound freight. Historically, most of the return on investment (ROI) for transportation management systems (TMS) was focused on outbound transportation by optimizing across less than truckload (LTL)/truckload (TL) and cutting freight costs while creating increased visibility and customer service.

The Logistics Trend Behind The Latest Trend

Freightos

Can’t keep up with freight pricing? Check live freight prices in seconds. Freight Insights General LogTech NewsThe Logistics Trend Behind The Latest Trend. Contributed Article. About the Author: Founder of ShipStarter, Kenneth is a 25+ year professional of the supply chain industry. He writes content for many of the world’s largest logistics companies, as well as on his own blog site. Are You Up With The Trends? Drinking matcha tea yet?

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What Supply Chain Risks Must Supply Chain Execs Keep Top of Mind?

GlobalTranz

By the end of 2017, cyber crimes’ costs will exceed $5 billion , and their rate of occurrence is increasing. In other words, a freight invoice and contract defines the scope of a given shipment, but natural disasters, resulting in the delay or failure to deliver a product could lead to the addition of other supply chain processes , such as free shipping the shipment, to fulfill the original obligation. Risk permeates supply chains.

This Week in Logistics News (March 13-17, 2017)

Talking Logistics

warehouses from Chinese merchants selling on its site—taking on a role it previously left to global freight-transportation companies.” The site says it offers end-to-end one-stop ocean freight services. 3PL Mergers/Acquisitions Robots This Week in News Transportation Management Amazon CargoSmart driverless cars freight forwarding Intel INTTRA JDRF LL4T1DCure Team Logistics Leaders for Type 1 Diabetes Cure Mobileye natural gas vehicles UPSWho will wear the jersey this year?

Capacity Crunch Factors: What Causes a Capacity Crunch?

GlobalTranz

In April 2017, William B. Capacity Crunch FreightUnbelievably, the capacity crunch is back the shipping headlines. Cassidy of the Journal of commerce (JOC) noted shippers were expecting a forthcoming slight capacity pinch, but that was before hurricane season arrived. Now, the shipping and transportation industry faces unprecedented capacity problems, and the upcoming ELD implementation deadline will exacerbate the issue.

Top 15 Biggest 3PLs in the US - 2017

Material Handling & Logistics

CEVA Logistics provides both freight management and contract logistics services for a range of customers across all sectors. The company provides comprehensive freight forwarding services across all modes, domestic and international, including customs house brokerage and door-to-door ground services. Coyote became a UPS company in August 2015, adding UPS asset utilization, air freight, ocean freight and customs brokerage to its portfolio of services.

This Week in Logistics News (October 23-27, 2017)

Talking Logistics

Ryder Reports Third Quarter 2017 Results. There’s a large addressable market of shippers out there that ship almost exclusively via one mode, either less-than-truckload (LTL) or truckload, that don’t need integration with an ERP, and don’t need optimization or freight consolidation capabilities — that’s the sweet spot for this solution. My daughter and I are heading on a road trip this afternoon to visit a couple of universities. 13 hours of total driving time over two days.

The Digital Supply Chain Demands the Use of Smart Supply Chain Technologies

GlobalTranz

The Uberization of freight, robotics and additive manufacturing are giving supply chains new ways of operating that go beyond automation, redefining the standard operations found in supply chains. Modern supply chains have access to more information and technology than ever before, creating a new, digital supply chain.

Innovative Strategies for Shippers Seeking the Upper Hand in 2017

Supply Chain Collaborator

First, we can develop even tighter controls over freight spend. But there are strategies that yield results way beyond the capture of the “low hanging fruit” like increased tendering automation, improved pickup/delivery scheduling and freight rate management. For example, significantly more savings can be wrung out of transportation logistics by overlaying rate benchmarking strategies upon freight rate management in your TMS.

This Week in Logistics News (March 20-24, 2017)

Talking Logistics

Cass Truckload Linehaul Index (February 2017). January 2017 North American Freight Numbers. NAFTA freight totaled $88.0 billion in current dollars in January 2017, a 6.7 NAFTA freight increased from the same month of the previous year. Mexico freight flows increased by 6.3 billion from January 2016 to January 2017. and Mexico by all modes in January 2017 was electrical machinery, of which $7.4