GlobalTranz

APRIL 30, 2021

The Commercial Vehicle Safety Alliance (CSVA) International Roadcheck is set for May 4-6, 2021. CVSA-certified inspectors will commit a blitz of inspections across North America, creating a sudden strain on resources for both domestic and cross-border freight. Also known as the CVSA roadcheck, it spans three days.

Resource Reduction 348

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Logistics Viewpoints

MAY 27, 2022

North American Transborder Freight up 23.8% in March 2022 from March 2021. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. The US Department of Transportation reported that transborder freight between the U.S. compared to March 2021. billion, up 23.8%

Logistics Network Optimization Software 307

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Freightos

JUNE 6, 2023

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. to 0.85 (Source: ShipBob ). One of the most prominent shifts has been sourcing patterns.

Manufacturing Procurement 332

Manufacturing Procurement Optimal Sourcing Inventory Reduction Supply and Demand 332

ToolsGroup

JANUARY 13, 2021

We’ve found our customers are urgently seeking ways to better plan around supply chain demand volatility and improve how they source materials and products from suppliers. Supply chains will get more regional and focus more on alternate sourcing/ substitution options. Companies will also look to shorten and localize supply chains.

Supply Chain Planning Software 272

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Supply Chain Shaman

DECEMBER 30, 2021

The volume of ocean shipments grew two-fold in the past decade, and the price of an ocean shipment increased 9-10X from 2020-2021. Ocean carriers, struggling to make a profit for the past ten years, collectively will post 200 billion in profitability in 2021. Freight Rates 2019-2021. jump in apparel costs and 5.5%

Supply Chain Design Software 467

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Freightos

DECEMBER 20, 2022

The sheer influx in demand, combined with the variety of supply chain stressors, also catapulted global freight to new levels of infamy (although none perhaps as famous as the Suez Canal blockage). Freight rates as a forward looking indicator of CPI. Let’s start by taking a look at global ocean freight prices. Sources: U.S.

Purchasing Skills 156

Purchasing Skills Analysis Cost Reduction Strategies Freight 156

GlobalTranz

FEBRUARY 1, 2021

Source: CNN. FreightWaves anticipates the heavy snowfall and strong winds will delay freight flows in the northeast throughout the week, impacting key freight markets like Harrisburg, PA, Allentown, PA, and Elizabeth, NJ. The post Winter Weather Alert: First Nor’easter of 2021 appeared first on GlobalTranz Enterprises, LLC.

Rhode Island 156

Rhode Island New Jersey Massachusetts Pennsylvania 156

Logistics Viewpoints

DECEMBER 6, 2023

Media sources are filled with prognostication. Most notably, item shortages (purple) and stockpiling (red) were large contributors to 2021-2022 volatility. However, if one pans out and takes a longer-term look at container shipping rates, it becomes evident that rates are really more “normal” now than they were over 2021 and 2022.

Predictive Analytics Software 332

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Logistics Viewpoints

JANUARY 20, 2023

It was priced at $12 a year for some time, though the company increased its pricing to $18 in December 2021. In September 2022, Macy’s rolled out its first-ever wood-sourcing policy for its furniture sales after more than 150 years in business. It requires the use of responsibly sourced wood or recycled or reclaimed materials.

Logistics Network Optimization Software 280

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Supply Chain Shaman

NOVEMBER 15, 2021

Hazardous freight is the most likely to get “rolled” at the dock. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019. Never in the history of supply chain has the financial budget been so out of sync with the market as in 2021.

Supply Chain Design Software 355

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CHAINalytics

NOVEMBER 23, 2020

If your company has decided to tender its freight to secure new contract rates for 2021, you’ve got your work cut out for you. And, what should you do about those COVID-related swings in your historical … The post Freight Procurement in a Pandemic: Preparing for the Bid appeared first on Chainalytics.

Procurement 148

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Supply Chain Shaman

APRIL 18, 2023

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. Rationalize global strategies to focus on building markets based on in-market sourcing. However, variability and global unrest is rising.

Supply Chain Planning Software 417

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GlobalTranz

APRIL 6, 2021

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the resiliency test. Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. What do we mean by that?

Supply Chain Planning Software 285

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Zipline Logistics

JUNE 29, 2021

The freight market has been on the receiving end of several systemic shocks that continue to affect industry providers and shippers alike. And when you add in the current labor and commodity shortages along with an inflationary environment, it is apparent why freight rates have been steadily climbing.

Freight 98

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ToolsGroup

APRIL 1, 2022

In 2021, 87% of Americans were negatively impacted by the supply chain. In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Source: Consultancy.UK.

Material Savings 207

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The Logistics & Supply Chain Management Society

MARCH 16, 2021

Visibility into Tier I, II and III suppliers, de-risk by developing alternates, build practical BCPs (business continuity plans) and China + 1 sourcing strategy. Logistics hubs will re-emerge at the local/mega city level, and sub-system suppliers and component suppliers will source, assemble and deliver from their own backyards.

Pharmaceutical 246

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Freightos

APRIL 25, 2024

From Q3 2021 to early 2022, Freightos Air Index China-U.S. Source: Freightos Air Index The Commercial and Ethical Impact Beyond the underlying costs, U.S. Both are exploring efforts that include shifting to ocean freight and establishing warehouses in the U.S., This influx of e-commerce goods has kept air cargo rates elevated.

Cargo 293

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The Logistics of Logistics

JANUARY 14, 2022

SwanLeap was acquired by Transportation Insight HoldCo in November, 2021. Transportation Insight HoldCo serves customers through logistics provider Transportation Insight, LLC, and freight brokerage Nolan Transportation Group. SwanLeap was acquired by Transportation Insight HoldCo in November, 2021. Combined, the $4.3

Price Reduction 245

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The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Identifying sources of Carbon emissions. These are classified into sources of emissions as Scope 1, Scope 2 and Scope 3. These are considered “indirect” greenhouse gas sources. Scope 3 emissions are the amount of carbon emitted by vendors and suppliers in your value chain, another indirect source.

Vendor Strategies 246

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The Logistics of Logistics

SEPTEMBER 11, 2024

About Felipe Capella Felipe Capella Co-founder and CEO of Loadsmart , a leading digital freight technology company. From digital freight brokerage and consultancy to software tools, they empower shippers, carriers, and warehouses to move more with less—increasing efficiency, reducing costs, and enhancing service quality.

Logistics Network Optimization Software 244

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The Logistics of Logistics

SEPTEMBER 25, 2023

He has extensive experience in the industrial supply chain and distribution space, as he was recognized as a Supply Chain Pros to Know by Supply and Demand Chain Executive in 2021, 2022, & 2023. For manufacturers: Optimizes inventory and harmonizes data to reduce costs, improve visibility, and make better sourcing decisions.

Optimal Sourcing 299

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Supply Chain Matters

DECEMBER 20, 2024

Transportation and logistics services provider FedEx announced this week that it has decided to spin off its FedEx Freight business unit. The freight unit was established in 2001, when FedEx Corporation acquired and merged the assets of American Freightways , Viking Freight and Watkins Motor Lines. All rights reserved.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Sourcing Strategies Freight 52

Logistics Viewpoints

MARCH 3, 2021

GlobalTranz’s main service lines are freight brokerage – less-than-truckload and truckload – and managed transportation services. What the heck is going on in this freight brokerage/managed transportation sector? A truck broker helps companies find trucks to carry their freight on lanes they are having difficulty covering.

Logistics Network Optimization Software 284

Logistics Network Optimization Software Negotiating Skills Negotiate Pricing Report 284

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

To help our customers keep track and make informed decisions about their freight transportation options, we have developed “ a logistics eco-calculator” hosted on our website. LogiSYM Supply Chain Magazine – September 2021. Synopsis: GeTS Webinar 9th Sept 2021. Photo Credit: United Airlines. Load More.

Supply Chain Planning Software 242

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Logistics Viewpoints

NOVEMBER 11, 2022

The impact of the COVID-19 pandemic followed by supply chain disruptions around the world has sparked a resurgence of companies bringing sourcing and manufacturing back to the United States or closer to U.S. Companies are coping with rising costs to source and produce goods in China and other Asian locales. trade with Asia.

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Enterra Insights

JUNE 22, 2021

Science writer John Schwartz ( @jswatz ) reports, “Federal scientists forecast that 2021 could see in the range of 13 to 20 named storms, six to 10 hurricanes, and three to five major hurricanes of Category 3 or higher in the Atlantic.”[1] Are there any single-sourced components that we need to diversify in case of an event?

Supply Chain Planning Software 130

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Logistics Viewpoints

SEPTEMBER 16, 2021

For instance, the capacity that is needed per shipment like the 2021 produce season transportation capacity outlook. Therefore, it is easier to increase the volume of freight moving across both inbound and outbound channels. Exceptions are the one-off issues that arise that may require human intervention to resolve.

Supply Chain Risk Management 274

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3PL Insights

NOVEMBER 15, 2021

Amidst all of these stories of shortages and bottlenecks, we thought it would be helpful to explain the basics of shipping ocean freight. In this article, we will explain the shipping process, identify the different types of cargo, and show the benefits of ocean freight shipping. What is Ocean Freight? Benefits of Ocean Freight.

Freight 98

Freight Manufacturing Procurement Cargo Shipping 98

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

We are pleased to continue our 2021 series our fire-side chat column with key people in the supply chain industry. Katie welcome to another of LogiSYM’s fire-side chats for 2021 & thank you for making the time to speak to us in what can imagine your very busy schedule”. The key is in the quality of our collaboration.

Supply Chain Design Software 246

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Freightos

NOVEMBER 11, 2021

The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. Accelerating the shift. Image via StarAir.dk). Enter Big Tech.

Price Reduction 177

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The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs. Dynamic routing has empowered logistics providers to consider plans B, C and D, offering alternative options of ocean and air freight cargo.

Supply Chain Planning Software 223

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Logistics Viewpoints

FEBRUARY 24, 2023

In October 2021, Amazon adopted a flexible approach to let managers of individual teams decide how many days corporate employees would work in the office. Speaking of electric semis, Uber Freight , WattEV and CHEP have announced a strategic, joint effort to deploy electric trucks on select routes in Southern California.

Logistics Network Optimization Software 284

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The Logistics of Logistics

FEBRUARY 1, 2023

Founded in 2021 by a team of seasoned logistics and transportation professionals, FreightVana has quickly become a key partner to many Fortune 500 Shippers and is one of the nation’s fastest growing logistics providers.

Logistics Network Optimization Software 243

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Freightos

OCTOBER 31, 2022

His Kickstarter campaign launched in January of 2021 and raised over $3 million dollars. . But then global freight kicked in. . It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted.

Supply Chain Planning Software 156

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Logistics Viewpoints

FEBRUARY 26, 2024

While getting personal protection equipment was difficult, 2021 was an even more challenging time for the supply chain team. But in 2021, “all of a sudden there were just completely random shortages that occurred with no warning.” But in 2021, “all of a sudden there were just completely random shortages that occurred with no warning.”

Supply Chain Planning Software 307

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Logistics Viewpoints

NOVEMBER 14, 2022

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. E2open became a public company (NYSE: ETWO) in February 2021. E2open acquired BluJay Solutions in May of 2021 for $1.7

Agile and Lean Supply Chain 293

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The Logistics of Logistics

APRIL 13, 2022

In April of 2021, Mr. Larkin became Strategic Advisor at Clarendon, and was named Chair of the firm’s Advisory Board. His mission is to help craft the firm’s growth strategy while assisting with deal sourcing, capital raising, and the creation of value within portfolio companies. market share could grow to have 3.0%

Logistics Network Optimization Software 246

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