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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.
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.
Digital infrastructure is now integral to logistics execution. Among Tier 1 retailers and logistics service providers, AI is embedded in planning, inventory control, and exception resolution. Logistics IT environments, spanning cloud platforms, control systems, and third-party APIs, face a growing set of threat vectors.
Moody’s has weighed in on two logistics providers in recent days, and the word from the influential provider of debt ratings was positive both times. freight brokerage market will continue to drive solid and consistent results despite a difficult operating environment, including flat volumes and weak pricing dynamics.”
on logistics rose in both absolute dollar terms and as a percentage of GDP, and it isn’t likely to go down anytime soon. That was one of the primary conclusions of the annual logistics report released last week by the Council of Supply Chain Management Professionals (CSCMP) at a media briefing in New York. New York–Spending in the U.S.
The Top 5 Impacts of Artificial Intelligence (AI) in Logistics! Better inventory management, intelligent manufacturing, flexible logistical systems, and real-time delivery controls have all been made possible by the use of artificial intelligence (AI) in the supply chain and logistics.
Similarly, transportation networks face increased strain due to higher shipping volumes, which can result in delays and rising freight costs. Additionally, higher sales volumes often result in increased returns, stressing reverse logistics systems. Pearson Education, 2022. Logistics and Supply Chain Management.
Out at sea, weather can impede progress and even lead to rerouting, which puts freight in port well past its expected arrival. As technology advances and big data is increasingly utilized to augment logistics practices, innovative solutions to the problems plaguing the industry have come to light.
The Logistics Managers’ Index – a diffusion index in which a reading above 50 indicates expansion while one below 50 signals contraction – had a 54.7 The dynamic could represent an improving freight market, but it also reflects transportation companies offsetting higher operating costs through rate increases. Inventory costs (78.4)
So it is appropriate that in 2022 we look back at the last 40 years. I worked in Materials Handling, Warehouse Management, Resource Planning, Industrial Engineering, I/T, Procurement, Manufacturing, Operations, Executive Leadership, Distribution, Freight Management, Reverse Logistics, Customer Experience and Order Management, and much more.
to discuss the evolving landscape of cargo theft that continues to plague the freight industry. Strategic theft,” which involves deception and trickery to gain possession of freight, has skyrocketed by 1,475% between Q1 2022 and Q4 2024, according to CargoNet data. The scammer couldn’t answer.
The spectre of inflation reared its ugly head in 2022, just as the world was climbing out of the pandemic and looking forward to getting back to normal. Logistics Fourth, there will be pressure on logistics companies, also impacted by higher borrowing costs, to pass those costs along. Short term costs will certainly fluctuate.
This is a challenging and uncertain economic and trade environment for shippers, carriers and logistics services providers. We remain committed to growing our business with prudent investments and cost discipline to build the premier network and technology for logistics-intensive businesses." Ryan, Descartes' CEO.
Blue Yonder said its purchase of the remaining 51% of IPPS adds to Doddle’s previously owned 49% of the company since March 2022. The volume of consumer returns is growing exponentially, but the disparate elements of the reverse logistics process make it hard to keep up. with plans for rapid growth.
Billion Acquisition of e2open Australia based logistics software provider WiseTech, developer of logistics execution software CargoWise , announced an agreement to acquire U.S. listed B2B logistics platform provider e2open Parent Holdings for a reported $2.1 WiseTech Announces $2.1 million in total revenues, a decline of 4.8
strategy in 2022 during its investor conference. "I Dynamic Pricing and Peak Season During FedEx’s investor meeting in 2022, Carere announced that a "more granular peak surcharge" would be rolled out in August of 2022 "to manage customers in an automated way if they [customers] are not hitting the requirements that they are giving us."
According to a study , there were 268 million digital buyers in the United States in the year 2022 alone. As retailers, you need a robust logistics solution that helps in aligning your capacity with customers’ delivery preferences. This number is said to climb up to almost 285 million in 2025. Failed deliveries.
In addition to this, Walmart announced it would begin charging some suppliers new pickup and fuel fees in August 2022. Switching to delivered pricing with Zipline Logistics as your partner will be the lowest effort and highest return adjustment you make this year.” What would you do with one million extra dollars?
In a 2022 ASHP survey, 99.7% To meet this moment, health systems must adopt a more resilient, transparent, and data-driven approach, powered by digital transformation. A System Under Strain The fragility of the medication supply chain isn’t theoretical; it’s happening in real time.
A lack of seamless communication, logistical bottlenecks, such as transportation delays or warehouse capacity constraints, and differing priorities between these key nodes in the supply chain can create friction. This can lead to delays in replenishment, exacerbating stockouts in high-demand locations and contributing to overstock in others.
Originally written for Supply Chain Game Changer and published on December 9, 2022. Grow and thrive until you create a legacy. Delivery Business article and permission to publish here provided by Petar Bekarovski. The post The Final Link in Supply Chain: Start Your Own Delivery Business! appeared first on Supply Chain Game Changer™.
The last big geopolitical shock to the price and availability of crop nutrients — the start of the Ukraine-Russia war in 2022 — was followed by runaway food inflation and a severe strain on farmers. We seem to be getting these reminders on a yearly basis.”
Haifa port, which was privatized in 2022, is owned 70% by Indias Adani Ports while the remaining 30% is held by Israels Gadot Group. We have taken this proactive measure to safeguard our people, assets, and customers’ cargo in light of increased regional instability." Timely, incisive articles delivered directly to your inbox.
Trillion in 2021, but Likely to Be Subdued in 2022.” 2022, [link]. Trillion in 2021, but Likely to Be Subdued in 2022.” Essentially the sole purpose of a supply chain is to make the most efficient process possible for companies to deal with. Bibliography UNCTAD Editors. Global Trade Hits Record High of $28.5 UNCTAD , 17 Feb.
However, in my opinion, FedEx is doing not great but ok as it marches forward with its strategic network redo, plans to spin off FedEx Freight, combine Ground and Express and other cost-cutting measures. population, but it began scaling back its coverage in 2022 before eventually whittling down its coverage scope further in 2023.
Colorado’s growing logistics activity and lack of truck stop monitoring enabled this felony theft, likely an inside job exploiting shipment data. Context: Glendale’s proximity to Los Angeles, a logistics hub, attracts crime, with strategic theft up 430% in 2024. Context: Atlanta’s logistics hub status makes it a theft target.
So say the analysts at Gartner in a new blog post on logistics technology. Gartner says that, with the exception of high-performing organizations, 40% of logistics leaders cite the struggle to realize value from existing technology investments What do you say? Supply Chain Digest Says. Supply Chain Digest Says.
While the IEA notes that this number is “more than the cumulative number of electric trucks sold in the country between 2015 and 2022” it is below even Canada, where almost 2,000 vehicles were handed over to customers last year. stalls The U.S. in contrast experienced similar sales to 2023 in 2024, reaching over 1,700.
Sourcing raw materials from Asia, coordinating freight with European logistics providers, or navigating distribution networks in the Americas cross-border operations rely on effective communication to make them happen. Logistics coordinators will need to reroute deliveries. Procurement staff must send alternate sourcing orders.
Global supply chains are facing fresh disruptions as trade tensions escalate, digital innovation transforms logistics, and energy partnerships reshape infrastructure. Song of the week: The post Supply Chain and Logistic News March 3rd – 6th 2025 appeared first on Logistics Viewpoints.
India India has significantly increased its Russian oil imports since 2022, capitalizing on discounted prices. Freight forwarders and customs brokers will face more pressure to verify the true origin of goods. For shippers, importers, and logistics providers, the key is informed, proactive action.
trade, particularly affecting exports and the freight industry. billion CAD in 2022. Effects on the Freight Industry The freight industry serves as the backbone of Canada-U.S. The post Trump’s New Tariffs: Impact On Canada-USA Trade and Freight appeared first on Freightera Blog. Impact on Canada-U.S.
Najma logistics, threelineshipping Posted on: Aug, 23 2017 Very informational article. The major focus of logistics is on e-commerce. There is a need to optimize every component of logistics by following the latest trends and technologies. 3PLs just adjust to the climate and the areas of movement of Logistics.
Najma logistics, threelineshipping Posted on: Aug, 23 2017 Very informational article. The major focus of logistics is on e-commerce. There is a need to optimize every component of logistics by following the latest trends and technologies. 3PLs just adjust to the climate and the areas of movement of Logistics.
Najma logistics, threelineshipping Posted on: Aug, 23 2017 Very informational article. The major focus of logistics is on e-commerce. There is a need to optimize every component of logistics by following the latest trends and technologies. 3PLs just adjust to the climate and the areas of movement of Logistics.
As a result, Mexico’s role in North American supply chains is becoming increasingly strategic,” the Uber Freight report, released June 6, said. trade partners due to its deep integration with the American market, Uber Freight said. tariffs on non-originating goods. “As However, the picture is not all roses. In parallel, the U.S.A.
Click here to send us your comments In response, the National Motor Freight Traffic Association (NMFTA) has just released a framework it says can help shippers, carriers and brokers fight back against the growing and increasingly sophisticated threat of digitally enabled cargo theft. The major focus of logistics is on e-commerce.
Eurasian Rail Freight: Demand for rail freight between Asia and Europe has surged, leading to congestion and longer booking times. Najma logistics, threelineshipping Posted on: Aug, 23 2017 Very informational article. The major focus of logistics is on e-commerce. Contingency planning for alternative ports is essential.
Click here to send us your comments That according to a recent blog post by the maritime analysts at Drewry, which noted that “More than five years have passed since the huge shipping disruptions, damaging port congestion, and cost spikes of the Covid period, but one feature has remained: freight rate volatility.”
Najma logistics, threelineshipping Posted on: Aug, 23 2017 Very informational article. The major focus of logistics is on e-commerce. There is a need to optimize every component of logistics by following the latest trends and technologies. 3PLs just adjust to the climate and the areas of movement of Logistics.
That vote, which occurred in 2022 at an FC in Staten Island, New York, has to date not led to a contract between Amazon and the workers there, as Amazon continues to fight the outcome. All that is distant memory now, as the maker of freight trucks powered by hydrogen fuel cells announced it had begun selling off its assets.
It was too expensive for their customers When Plufl co-founders Yuki Kinoshita and Noah Silverman pitched their "dog beds for humans" prototype to Shark Tank in 2022, they envisioned making the plush, snuggly, memory foam beds in China and selling them at retail in the U.S. They tried Made in the USA.
The monthly report from Cass and partner Tim Denoyer of ACT Research is based on data from the billions of dollars of freight bills that Cass pays for its shipper clients. in 2022, the shipments index declined 5.5% in 2022, the shipments index declined 5.5% Supply Chain Digest Says. After rising 13% in 2021 and 0.6%
of GDP The Council of Supply Chain Management Professionals (CSCMP) and partners Kearney and Penske Logistics are out last week with the 2025 State of Logistics Report, looking primarily at 2024 data. Again this year, Penske Logistics funded the report development. of the total cost logistics number (versus 7.2%
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