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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Need For What-If Analysis. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. The lack of chassis and the need to return empty containers to Asia paralyzes North American ocean freight. Next Steps.

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How a 3PL Empowers Shippers With LTL Transportation Stability

GlobalTranz

the past 13 months of sustained rising freight demand and widespread shortage of labor up-and-down supply chains has brought the LTL trucking sector, and the shippers that depend on it to move palletized shipments, to a turning point.”. freight and delivery needs. State of the LTL Market. As reported by the? Journal of Commerce ,?

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

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March 12, 2024 Update

Freightos

More Resources Home March 12, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe weekly prices increased 35% to $2.97/kg.

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January 30, 2024 Update

Freightos

More Resources Home January 30, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe weekly prices fell 5% to $3.16/kg. Europe – N.

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How Connecting Your TMS Saves Time and Money

CH Robinson Transportfolio

In fact, today you can procure freight rates from your transportation providers right in your TMS. There are many reasons to supplement your spot freight procurement with automated processes sooner rather than later. Freight in new lanes out of bid cycle. Freight in new lanes out of bid cycle. Save money.