Remove 2021 Remove Freight Remove Logistics Remove Manufacturing Procurement
article thumbnail

Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. The freight market is mercurial. One master of freight procurement is Kyle Masters.

article thumbnail

2021 Logistics Outlook: Truckload Freight Market Forecast

GlobalTranz

The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data. To help shippers prepare, we will examine contributing factors that will play a significant role in the 2021 truckload freight market. The Truckload Capacity Crunch Will Continue Into 2021.

Insiders

Sign Up for our Newsletter

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

article thumbnail

This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

And now on to this week’s logistics news. UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure.

article thumbnail

2021: Manufacturing, a Year in Review

QAD

The Oxford Languages and Merriam-Webster dictionary folks have advanced “Vax/vaccine” as 2021’s word of the year, but we think it really should be “disruption.” 2021: A Year of Continued Disruption…for All Industries. Rise in ocean freight rates. Manufacturing Challenges and Best Practices. Automotive.

article thumbnail

Modernizing MRO using AI with Paul Noble

The Logistics of Logistics

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. For manufacturers: Optimizes inventory and harmonizes data to reduce costs, improve visibility, and make better sourcing decisions.

article thumbnail

This Week in Logistics News (January 13 – 19)

Logistics Viewpoints

And now on to this week’s logistics news. Red Sea news: Air freight rates could spike as Red Sea attacks disrupt shipments Global trade drops 1.3% Red Sea news: Air freight rates could spike as Red Sea attacks disrupt shipments Global trade drops 1.3% Uber purchased Drizly in a cash-and-stock deal back in 2021.

article thumbnail

Supply Chain Normalcy? Think Again.

Supply Chain Shaman

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. The peak disruption was in December 2021. Build in-market sourcing.