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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.
Transportation metrics saw little change in May as capacity, utilization and pricing remained in expansion territory, according to a monthly survey of supply chain professionals. reading for transportation capacity during May, which was roughly in line with April. SONAR: Logistics Managers’ Index (Transportation Prices).
The company dynamically positions inventory within its fulfillment network using projected demand heat maps and transportation cost models. Notable Incidents and Sector Implications In 2022, Toyota suspended operations at multiple plants following a supplier-side breach. Recent events have underscored this risk.
The decrease from 2022 to 2023 was 8.3%. The biggest contributor to the increase in the total figure last year was the cost of water transportation, up 93.1% The USBLC compiled by the report’s authors said full truckload transportation costs fell to $387 billion in 2024 from $408.7 billion in 2022. of nominal GDP.
This swift recovery has raised questions about the potential impact on supply chains and surface transportation as a new wave of imports makes its way to U.S. However, the extent of inland freight movement will depend largely on inventory levels, many of which were already elevated in anticipation of the tariffs. While direct U.S.-bound
Scott Cornell, Vice President of Transportation at Travelers Insurance , sat down with FreightWaves’ Timothy Dooner on the May 19 th episode of What the Truck?!? to discuss the evolving landscape of cargo theft that continues to plague the freight industry. I don’t think you can ever eliminate the human part of it,” Cornell said.
Capacity Constraints in Warehousing and Transportation Warehousing capacities are often pushed to their limits. Similarly, transportation networks face increased strain due to higher shipping volumes, which can result in delays and rising freight costs. Pearson Education, 2022. ” IoSCM Blog. Accessed December 2024.
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.
Government laws, increased transportation costs, and worldwide calamities like pandemics are just a few factors contributing to the complexity of the global supply chain. Directing them to the appropriate locations at the appropriate times lowers the number of vehicles required for transportation.
Blue Yonder said its purchase of the remaining 51% of IPPS adds to Doddle’s previously owned 49% of the company since March 2022. According to the release, FedEx Easy Returns is currently available at around 3,000 drop-off locations in FedEx offices and Kohl’s stores across the U.S. with plans for rapid growth.
Acquisition of 3GTMS On March 24, 2025, Descartes acquired all of the shares of 3GTMS, a leading provider of transportation management solutions. Mr. Roszko was appointed EVP Global Sales in February 2019 and appointed Chief Commercial Officer in June 2022. Additions to property and equipment (1.9) Net change in cash (59.7)
Blue Yonder , through its subsidiary Doddle , has now purchased the remaining 51 percent of IPPS , adding to the 49 percent that Doddle previously owned as of March 2022. Blue Yonder Acquisition of Inmar Post Purchase Solutions Supply chain planning and execution software systems provider Blue Yonder , through its subsidiary Doddle Inc.
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. Sustainability: Stock balancing plays a key role in reducing waste by minimizing overstock and optimizing transportation routes.
In addition to this, Walmart announced it would begin charging some suppliers new pickup and fuel fees in August 2022. If you are a Walmart supplier relying on Walmart to arrange transportation, it’s time to get in touch,” said Zipline Logistics President and Co-Founder, Andrew Lynch. What would you do with one million extra dollars?
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.”
of freight by weight in the country. The business vertical is thriving, with 592,286 long-distance freight trucking businesses operating in the US as of 2023. Statistics show that 4,768 fatal truck accidents occurred on American roads in 2022. You may need extra coverage with hazmat insurance when transporting hazardous freight.
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.
Haifa port, which was privatized in 2022, is owned 70% by Indias Adani Ports while the remaining 30% is held by Israels Gadot Group. RELATED CONTENT RELATED VIDEOS Global Gateways Ocean Transportation Global Trade & Economics Related Articles Maersk Billionaires Offer to Take Over Svitzer, Valued at $1.3B
Link: Transport Topics: Rail Theft Surge High-End Audio Theft Location: San Bernardino, CA, USA Date: Q3 2024 Value: $400,000 Details: A theft ring used stolen identities to steal audio systems from a warehouse. Context: Rail theft, up 40% in 2024, exposes intermodal vulnerabilities. Context: Last-mile thefts spiked 13% during holiday season.
As an example, Gartner cites the 94% of supply chain logistics leaders that either currently have a supply chain management transportation system or plan to deploy one in the next one or two years. ( link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! I am sending this to my colleagues who work with me.
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. In regular times, coordinating these operations is already a difficult undertaking.
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.
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. That reversal sent a clear message to Beijing: the U.S. While India maintains strong ties with the U.S.,
link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! They bring a level playing field to the transportation world that in the past was rigid but looked good on spreadsheets. In order to help companies decide objectively to reshore manufacturing back to the U.S. We have to keep this in mind.
link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! They bring a level playing field to the transportation world that in the past was rigid but looked good on spreadsheets. In order to help companies decide objectively to reshore manufacturing back to the U.S. We have to keep this in mind.
link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! They bring a level playing field to the transportation world that in the past was rigid but looked good on spreadsheets. In order to help companies decide objectively to reshore manufacturing back to the U.S. We have to keep this in mind.
link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! They bring a level playing field to the transportation world that in the past was rigid but looked good on spreadsheets. In order to help companies decide objectively to reshore manufacturing back to the U.S. We have to keep this in mind.
Legislation introduced in 2022 and 2023 in the House and Senate did not advance out of committee. Department of Transportation Office of Inspector General report. The group cited a 2022 DOT Supply Chain Report that included repealing the overtime exemption as a Biden administration policy goal. Mark Takano, D-Calif.,
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.
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. What do you say? We have to keep this in mind.
link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! They bring a level playing field to the transportation world that in the past was rigid but looked good on spreadsheets. In order to help companies decide objectively to reshore manufacturing back to the U.S. We have to keep this in mind.
Ongoing disruptions in the Middle East are driving up supply chain costs across energy, transportation, insurance, inventory, and technology. Assess and mitigate exposure to new global transportation bottlenecks 2. link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! Supply Chain Digest Says.
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.”
link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article! They bring a level playing field to the transportation world that in the past was rigid but looked good on spreadsheets. In order to help companies decide objectively to reshore manufacturing back to the U.S. We have to keep this in mind.
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.
Transportation Secretary Sean Duffy made the announcement with Tim Dooner on Friday on FreightWaves WHAT THE TRUCK?!? But FMCSA’s notice in April 2022 merely announcing its intention to issue the supplemental NPRM generated over 16,000 comments – mostly negative and mostly from owner operators.
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%
Meanwhile, our supply chain and logistics stock index, which is made up of more than 20 stocks across freight carriers, logistics service providers, and supply chain hardware and software vendors, lagged the S&P, with a gain of just 10.3% link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article!
The US thus spent about $131 billion more in parcel shipping than it did in rail transport last year - a bit more than a delta of $127.4 of total transport costs and 38.5% of total transport costs and 38.5% of total transport costs and 8.9% of transportation spend – down from 6.1% Gilmore Says. billion in 2023.
New year, new freight market?! We’ll see… Let’s talk about the current state of the freight market and what CPG shippers are up against heading into 2025. What Could Impact My Freight in Q1? in June 2022. Click here for more information on how to protect your freight from freezing this winter.
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