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Keeping shipping costs under control is no small task — and unpredictable freight fuel surcharges make it even tougher. In this blog, we'll walk you through how to calculate fuel surcharges on freight, track pricing trends, audit your shipping bills, and work with the right 3PL partner to keep your costs under control.
The quote is by Lior Ron, CEO of Uber Freight, from his. Read more Uber Freight Deliver 2022: “A World We No Longer Live In” The post Uber Freight Deliver 2022: “A World We No Longer Live In” appeared first on Talking Logistics with Adrian Gonzalez.
In our recent GlobalTranz 2022 Logistics and Supply Chain Trends and Outlook white paper, our experts review some of the factors that will shape logistics in the coming year and beyond. Experts predict LTL rates will continue on the upward trend through the first quarter of 2022, reaching a new high on a per-pound basis. Consolidation.
The FreightTech 100 2022 award recipients have officially been released. As an industry leader in 3PL solutions, including managed services, GlobalTranz is proud and honored to secure a spot in the 2022 FreightWaves FreightTech 100 , marking the fourth consecutive year of inclusion. What Are the FreightTech 100 Awards?
For international shippers, ocean freight visibility has evolved from optional to essential and satisfaction with visibility varies greatly depending on how it is obtained and delivered. Key findings of the survey include: 80% feel that better visibility would have helped with COVID-19 disruptions.
While we’re happy to leave 2021 in the rearview mirror, many of the same trends will impact the truckload market in 2022. In our white paper, 2022 Logistics and Supply Chain Trends and Outlook , we cover many of the lingering effects of the past two years, and the newest challenges truckload shippers can expect to face in the year ahead.
Jake Hoffman and Joe Lynch discuss the container payment portal and the rise of AI in freight. Jake is the Chief Technology Officer of Gnosis Freight, a logistics tech company focused on the lifecycle of a shipping container as it moves around the world.
So, I want to take this opportunity to reflect on the top 15 most popular logistics stories from 2022 and see what our readers found to be the most interesting. So, let’s take a look now at the 15 most popular logistics stories of 2022. 2022 Supply Chain Predictions ; Chris Cunnane, Steve Banker, and Clint Reiser. Clint Reiser.
Trucking Boom Is Hitting the Brakes as Freight Demand Slows (WSJ – sub. Read more Above the Fold: Supply Chain Logistics News (April 15, 2022). The post Above the Fold: Supply Chain Logistics News (April 15, 2022) appeared first on Talking Logistics with Adrian Gonzalez.
Pulling from our own network and the broader industry, Uber Freight is releasing a biannual report that examines dynamic retail and spending imbalances, unprecedented nationwide driver supply shifts, and digital brokerage trends that emerged in H2 2021.
To be successful in 2022, supply chains must continue to negotiate a very volatile and uncertain environment. How can technology help address challenges like tight capacity in freight transportation? Read more 2022 Technology Trends. The post 2022 Technology Trends appeared first on Talking Logistics with Adrian Gonzalez.
Amazon launches same-day delivery from some brick-and-mortar retail brands (CNBC) Aurora and Schneider to Autonomously Haul Freight in Texas Self-Driving Truck Accident Draws Attention to Safety. Read more Above the Fold: Supply Chain Logistics News (August 5, 2022).
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.
Market volatility from the ongoing labor shortage on top of increasing consumer demand, rising fuel prices, and port and terminal congestion will continue to challenge supply chains through 2022 and beyond. 10 Freight RFP Components for Success. Company background. Introduce your company and your unique shipping needs.
Read more It’s Now 2022: Are Consumers Growing Tired of Supply Chain Shortages and Rising Costs? The post It’s Now 2022: Are Consumers Growing Tired of Supply Chain Shortages and Rising Costs? Consumers adapted and anticipated a return to more typical conditions for purchasing CPG items.
As we look forward to 2022 and beyond, the overall guidance must be “prepare for anything.” IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022.
But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. With the other major carriers also rerouting now, it is likely freight rates will rise for Asia – N. Shipping through the Suez Canal will take more time.
Read more Key Takeaways From SAP Logistics Info Days 2022. The post Key Takeaways From SAP Logistics Info Days 2022 appeared first on Talking Logistics with Adrian Gonzalez. This was one of.
It’s been an eventful first quarter of 2022, and the outlook for the rest of the year remains risky and uncertain (just like it’s been the past two years). Read more Top Talking Logistics Posts & Episodes – Plus Indago Highlights (Q1 2022). Could the Russia-Ukraine War turn nuclear? I pray that it doesn’t.
Redefining Freight Brokerage with Nick Jensen. Nick Jensen and Joe Lynch discuss redefining freight brokerage. Nick is the Director of National Accounts at Loadsmart , a freight technology company that is removing the barriers between shippers and carriers so freight can move in the most efficient, transparent and automated way.
The Container Payment Portal will serve as the primary interface for Hapag-Lloyd customers to manage compliance with the Ocean Shipping Reform Act of 2022 (OSRA) and facilitate the payment of import line demurrage charges for U.S. imports from any country. With this portal, Hapag-Lloyd customers in the U.S.
When the ball drops on Times Square to welcome in 2022, the employees at the Port of Long Beach will celebrate moving 9 M TEUs in imports: a 26% increase year-over-year. Freight Rates 2019-2021. As a result, companies plug along planning based on historic lead times and freight rates which as you can imagine is doomed for failure.
Read more Above the Fold: Supply Chain Logistics News (May 6, 2022). The post Above the Fold: Supply Chain Logistics News (May 6, 2022) appeared first on Talking Logistics with Adrian Gonzalez. .” – Rick Warren The quote above is especially true for supply chain and logistics professionals.
Kevin Hill and Joe Lynch disucss 4 trends in freight brokerage. Kevin is the Owner of Brush Pass Research , a sales and marketing research firm that helps companies sell to freight brokerages across North America. Previously, Kevin founded CarrierLists, a carrier sourcing platform that was acquired by Highway in 2022.
Read more Above the Fold: Supply Chain Logistics News (June 17, 2022). The post Above the Fold: Supply Chain Logistics News (June 17, 2022) appeared first on Talking Logistics with Adrian Gonzalez. I finally got to see Midnight Oil last night, my first concert since.
Gary Nemmers , Martyn Verhaegen and Joe Lynch discuss digital freight forwarding – and the importance of a modern, data-driven logistics software platform to optimize every step of the freight forwarding process. Freight forwarding is one of the most difficult services within the logistics industry.
Is your freight invoice accurate? Download the latest LogiSYM Supply Chain Magazine now! DOWNLOAD NOW. RETURN TO THE ARCHIVE. Featured articles from this issue: h6. Addressing the Talent Gap in Logistics and Supply Chain. Packing for the Future. A new study claims it might not be.
The post Above the Fold: Supply Chain Logistics News (December 16, 2022) appeared first on Talking Logistics with Adrian Gonzalez. Maybe it’s the cold rain outside, or the sound of water gushing down the gutters that… […blink, blink, blink, blink, blink…] The Greenhouse Gas Import Tax It’s official: As reported.
As we begin 2022, it is clear that we’re still operating in a very volatile and uncertain environment. How can technology help address challenges like tight capacity in freight transportation? Read more [Video] 2022 Technology Trends. Read more [Video] 2022 Technology Trends. Read more[Video] 2022 Technology Trends
Logistics tech in 2022 has been unavoidably shaped by the two years that preceded it. The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. The Weekly Freight Update.
In September 2022, Macy’s rolled out its first-ever wood-sourcing policy for its furniture sales after more than 150 years in business. The policy follows Macy’s $5 billion commitment announced in March 2022 to become more sustainable in its policies and practices. Household items were the most stolen commodity in 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.
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. This was terrible news for a company now on the hook to ship to kids who were suddenly cooped up and hankering for a fort.
Following the post-COVID slump in 2022, global air cargo demand saw a recovery starting early 2023 with a notable 11% year-over-year increase in volumes from December 2023 through February 2024, according to IATA, with much of this rebound attributed to B2C e-commerce volumes. From Q3 2021 to early 2022, Freightos Air Index China-U.S.
Furthermore, 2022 peaked out with values above 5, indicating extremely high levels of supply chain volatility. Most notably, item shortages (purple) and stockpiling (red) were large contributors to 2021-2022 volatility. In reality, 2021 and 2022 rates increased by multiples of the average over the four prior years.
This follows a series of incidents in which Flex drivers, who use their own cars for deliveries, have reportedly been met with violence or threat by residents: since 2022, five Flex drivers have been shot in four different incidents and five others said they have had guns drawn on them. Bank Freight Payment Index.
maritime regulator said stretched global supply chains pushing ocean-freight rates to record highs may stay strained into 2022, raising concerns about whether small American companies can weather another year of a tangled transport system and much higher costs. The top U.S.
Supply chains have experienced significant disruptions in the first half of 2022, from a global pandemic to wars, rising fuel costs, and a potential recession. Shippers, despite all obstacles, are expected to reduce freight spending, drive efficiency, and improve customer service every year with incremental improvements year-over-year.
About Nicole Glenn Nicole Glenn founded Candor Expedite in 2017 after more than two decades in the transportation brokerage business, with a vision to build the smartest and most efficient freight business that delivers on its client’s promises. and in 2016 became head of Cherry Logistics Corporation.
percent of the nation’s freight by weight. And just how much is that freight weight? billion tons of freight (primary shipments only) was transported by trucks in 2022. million people were employed throughout the economy in jobs that relate to trucking activity in 2022, excluding the self-employed.
As we say goodbye to 2021, I’d like to leave you with predictions of some quietly developing green trends that we should start noticing in 2022. We can expect to see a change in how liquids, such as laundry detergent and hair care products, sold by Unilever companies are packaged in 2022. TRANSPORTATION. Garbage Trucks. Courier Fleets.
” Nevertheless, he reports, “For all the talk of a supply chain meltdown, the season brought strong sales, and hefty profits for many despite spiraling freight and supply chain costs, thanks to higher prices and fewer discounts in an inventory-constrained environment.” ” Footnotes. [1] ” Footnotes. [1]
So, we figured it was time to dust off the old Chainalytics crystal ball and throw our hat into … The post 2022 Transportation Market Forecasting & Your 2022 US Trucking Outlook appeared first on Chainalytics.
On August 13, the DOT announced that Ports in Oakland, Seattle and Tacoma have all been added to its Freight Logistics Optimization Works (FLOW) network, joining the Port of Los Angeles and the Port of Long Beach to round out the five largest West Coast shipping hubs. Hurricane Ian, in 2022, caused $180-210 billion. from May’s 2.24
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