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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. The freight market is mercurial. One master of freight procurement is Kyle Masters. Mr. Master’s experience at Simmons Foods illustrates many of the distinct characteristics and challenges related to freight procurement.

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2022 Realities vs 2023 Predictions

The Logistics & Supply Chain Management Society

2022 Realities vs 2023 Predictions. 2022 was, undoubtedly, another tough year with many disruptions happening outside the four walls of enterprise – extreme weather, natural disasters blocking access to resources, port or border congestion delaying transit, panic buying artificially inflating demand, suppliers going out of business.

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Logistics Procurement – Performance Management

The Logistics & Supply Chain Management Society

Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all. What tools we can use to benchmark ocean freight and carriers’ service reliability?

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With New Year Underway, Key Players Look Back On 2022

Intelligent Audit

With 2022 now in the past, key players in the transportation industry are reflecting on the wins, losses, and toss-ups of 2022. For UPS , the end-of-year peak season shipping boom gave them a chance to strut their stuff, while for FedEx CEO Raj Subramaniam, 2022 held challenge after challenge. 24, UPS delivered 97.5%

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This Week in Logistics News (April15 – 20)

Logistics Viewpoints

But I believe that more efficient packaging is the area with the greatest potential to improve sustainability metrics within the warehouse. Xeneta’s data analysis shows that containerized imports from the far east to the US increased substantially from 2017 to 2022.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Wildfires, mudslides, and flooding delayed lumber shipments, leading to a shortage that saw the cash market price for lumber reach $1,111 per thousand board feet in 2022 – almost triple its bottom price in August.

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Sustainable Logistics: A Differentiator for CPG Brands in 2023 

Zipline Logistics

At the end of 2022, Tesla delivered its first semis to PepsiCo. Finding Freight Consolidation Opportunities . Freight consolidation offers a multitude of benefits to CPG brands. Tracking Key Metrics to Drive Sustainable Logistics Performance Improvement . Electric Vehicles . million cars from U.S.