Expert insights. Personalized for you.
Fewer loads, better driver utilization, mode shifting, and minimizing miles through better routing not only reduce your freight costs, these measures also result in less fossil fuel consumption, fewer emissions, and reduced environmental impact. Blog Feature Supply Chain Consulting Transportation dedicated fleet analysis mode analysis transportation mode analysis Transportation Modeling transportation network modeling transportation network optimization Transportation Optimization MORE
Either way, a surfeit of data can gum up the decision-making process and make it more difficult to pinpoint the root causes of problems that are undermining the efficiency of your freight network. Setting unrealistic or unsuitable performance targets can easily put you on the road to analysis paralysis. The post Five Causes of Analysis Paralysis You Can Avoid appeared first on Connect Blog by TMC, a division of C.H. How often do you feel like you’re drowning in data? MORE
Consistent growth and higher rates are two common factors in any LTL market analysis today. To conduct a full LTL market analysis, let’s take a closer look at what to expect in the coming months. Few New Entrants Affect the LTL Market Analysis There have been dozens of new carriers to offer Full Truckload (FT) services over the past year. An analysis of the trends in LTL reveals the reach of Amazon and Walmart to be much more influential than first believed. MORE
If you have shipped before, then you know how important it is to understand how freight billing works. Freight billing is an unavoidable part of the process for every shipper. Without the knowledge of best practices for freight billing, it can be easy for small businesses to get caught up in freight billing mayhem. Knowing how freight billing works helps avoid costly shipping mistakes and gives you more time to spend running your business. MORE
Aside from causing unrest in the money markets, this volatility in oil prices is also affecting the entire dynamic of supply chain analysis and execution. A supply chain analysis on frequent oil price changes shows that this phenomenon is forcing businesses to re-evaluate many of their strategies that have been implemented in the last few decades. As oil prices go up, eco-friendly supply chain analysis and strategies agree with economically effective business policies. MORE
At Haven, we have heard from customers how painful and frustrating auditing freight invoices can be. When our team began to analyze the issue and crunch the numbers, we quickly realized that the scale of the problem, with respect to billing errors in freight invoices, is large. MORE
Discrepancies and errors with invoices, records, communications, and processes represent the biggest issues facing companies today regarding freight management. Simple Freight Audits Have Evolved Into Much More Meaningful Value-Props. Freight Audit and Payment freight audit MORE
The current outlook for the rail freight industry is, at best, mixed. Where rail freight once was the price-competitive transport mode of choice, low fuel prices and increased availability of trucks in the spot market have resulted in low freight rates that are expected to remain low¹. It is becoming increasingly difficult under current circumstances for rail freight operators to earn sustainable margins and create returns for shareholders. MORE
Having come from a company wherein we were selling Freight management services I was curious about Freight spend at this new company. “How much were we spending on Freight?” Hidden Freight Costs. The reality is that there are freight and logistics costs in every step of the Supply Chain. Part of the problem was that no one had taken, or was responsible and accountable for, a holistic view of freight costs. The total freight bill was huge. MORE
Guest commentary by Mike Mulqueen, JBF Consulting – as provided for the October 2020 Freight Market Index report. It is always with great anticipation that I await the arrival of the BluJay Freight Market Insight report. MORE
Headquartered in Germany, Ocean Insights is a leading ocean supply chain visibility and market intelligence provider that supplies real-time tracking data and market analysis to large shippers from a broad range of industries, including automotive, manufacturing, food & beverage, commodity trading, chemical and freight forwarding. Ocean Freight Visibility Spells new Opportunities for Supply Chains – LogiSYM September 2020. Ocean Insights. MORE
Do You Have Hidden Freight Costs? Freight Budget article and permission to publish here provided by Adam Robinson at Freightwaves. Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. Subscribe Here! MORE
What’s the Difference Between Freight Management and Logistics Management? Freight mode optimization article and permission to publish here provided by Adam Robinson at FreightWaves.com. LEADING MISCONCEPTIONS AND CHALLENGES OF FREIGHT OPTIMIZATION. Subscribe Here! MORE
Blog Freight Market Intelligence Consortium Supply Chain Intelligence Transportation carrier management COVID-19 dedicated fleet dedicated fleet analysis Fleet management Fleet OperationsIn the latest episode of the Freightvine, Bridgestone’s Brad Blizzard joins host Chris Caplice to discuss how the company is dealing with slumping demand by offsetting the cost of their private and dedicated fleets. MORE
The Department of Transportation (DOT) turned to Cerasis, a 3PL with expertise in transportation management by way of technology through their transportation management system (TMS) and managed transportation services, due to their extensive experience in working with shippers and carriers in the rapidly growing sector of freight shipments derived from sales generated through the e-commerce channel. Department of Transportation appeared first on Freight Logistics Company | Cerasis. MORE
This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. Lackluster insight into freight spend and poor freight management controls. Data Analysis Enhances E-Commerce Forecasts and More Take a moment to consider what goes into managing e-commerce fulfillment. According to Conveyco , KPIs should be established through data analysis to measure these key areas: Warehouse capacity. MORE
Freight tons moving on the nation’s transportation network will grow 40 percent in the next three decades while the value of the freight will almost double, increasing by 92 percent, according to the latest projections by the U.S. Not surprising, considering the ongoing growth of e-commerce, freight moves in tons by “Multiple Modes and Mail” — which includes shipments by parcel delivery services, U.S. MORE
The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. Shippers need to consider how the freight data trends will affect dropshipping, omnichannel shipping, reporting capabilities, and much more. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel. MORE
Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Benchmarking as a Hard Rule within Transportation Cost Analysis Can Be Damaging. Outbound freight costs as percentage of net sales. Inbound freight costs as percentage of purchases. MORE
This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. Lackluster insight into freight spend and poor freight management controls. Data Analysis Enhances E-Commerce Forecasts and More Take a moment to consider what goes into managing e-commerce fulfillment. According to Conveyco , KPIs should be established through data analysis to measure these key areas: Warehouse capacity. MORE
BluJay unveils solution that puts configurable, visual data at the fingertips of any user for faster insights, easy analysis, and better decision-making . May 14, 2020 – BluJay Solutions , a leading provider of global supply chain software and services, announces the launch of BluIQ by BluJay, a data and insight analysis tool that offers real-time, actionable supply chain data in a configurable visual dashboard. MORE
Either way, a surfeit of data can gum up the decision-making process and make it more difficult to pinpoint the root causes of problems that are undermining the efficiency of your freight network. Setting unrealistic or unsuitable performance targets can easily put you on the road to analysis paralysis. The post Five Causes of Analysis Paralysis You Can Avoid appeared first on Connect Blog by TMC, a division of C.H. Performance Management Technology Analysis Data Performanc MORE
A well-thought-out freight analytics plan can make all the difference in maximizing profits, reducing costs, and staying ahead of the competition. Several other factors can play into the growing shift toward data-driven freight management. MORE
Maintaining a freight broker business and helping it stand out from the crowd is more difficult than ever. Unfortunately, that does not always amount to spending money reasonably and maintaining control over freight spend. For those operating a freight broker business, the challenges are greater. These forecasts can also help brokers, shippers and fleets take a lot of the guesswork out of a proposal to move freight, say, a year from now. Analytics Freight Broker MORE
The last four months have been tough on freight transportation. Blog Feature Supply Chain Consulting Transportation APAC Fleet Analysis fleet modeling Fleet Modelling India Transport Modelling Transport Network Optimization transport optimization Transportation Modeling transportation network optimization Transportation OptimizationSpecifically in India, we witnessed a combined surge in demand for essential products with a shortage of trucks – and, most critically, drivers. MORE
If your company has decided to tender its freight to secure new contract rates for 2021, you’ve got your work cut out for you. This is especially true when it comes to figuring out the lanes and volumes to include in the bid. MORE
Intercontinental freight travelling between China and Europe has increased dramatically as a result of COVID-19 disruptions. Blank sailings by major cargo lines to support fragile shipping rates and a mass cull of air freight capacity, as commercial airlines stopped flying, created major headaches for many supply chains, particularly for those trying to ship time-sensitive loads. MORE
And it relates to a range of issues within the freight payment process. On top of that, there’s a need for tracking information and accurate freight billing. Freight bill payment is a separate and distinct transaction usually still done by matching of documents.”. MORE
Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right. These are the must-haves for any effective freight sourcing team. MORE
When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Accurate freight and transportation data is particularly important. Seizing control of freight and transportation spend can improve operating income by five to 10 percent, and boost stock prices by 10 to 20 percent, according to an Accenture study, From a Shipper’s Market to a Carrier’s Market. Freight Invoicing Reports. MORE
Poor visibility in freight allocation is a leading reason shippers experience difficulty in managing freight, and this problem is evidence of a disconnect between the person managing freight and company stakeholders. Goodwill notes shipment data granularity and analysis are linked with better freight allocation , which means making use of the full spectrum of available shipping options, including full truckloads. Yesteryear, freight allocation was simpler. MORE
Guest commentary by Mike Mulqueen, JBF Consulting – as provided for the April 2020 Freight Market Index report. Analysis. The impact of COVID-19 was not felt until March and initially, the result was a surge in freight volumes as consumers stocked up in preparation for quarantine. The consensus opinion was that after two very tumultuous years, 2020 would be rather unremarkable with freight volumes and carrier capacity relatively well aligned. MORE
Sometimes I think I’m Going Crazy Shipping freight is critical to your business and you should not be surprised that freight and logistics costs could be one of the largest expenses for your business, as they are for most companies. When you consider your freight costs, it is not only the hard cost of shipping the freight, or the freight rate, but other costs as well, like labor and technology. MORE
Are you up-to-date with the latest events in freight shipping and logistics? As you know, the atmosphere for freight brokers is only getting more competitive. Staying current in the world of shipping and freight also takes strong networking and communication. Conferences and expos are a chance for you to hear from the industry’s top players, and most importantly, build relationships with other freight shipping professionals. Freight freight shipping MORE
A common conundrum for companies is how to reduce their freight costs, which due to a recovery in demand following the Covid-19 pandemic have skyrocketed. Putting a lid on escalating freight costs has now become more important than ever. Make an in-depth cost analysis. MORE
This week’s Freightvine podcast episode examines the challenges facing freight transportation in the effort to reduce its environmental impact. Sustainability can … The post Sustainable Freight Transportation – Finding a Balance with MIT’s Alexis Bateman and Suzanne Greene [Podcast] appeared first on Chainalytics. Joining host Chris Caplice to discuss their work on the Sustainable Supply Chain Initiative are his MIT colleagues Alexis Bateman and Suzanne Greene. MORE
CHAINalytics
NOVEMBER 23, 2020
If your company has decided to tender its freight to secure new contract rates for 2021, you’ve got your work cut out for you. This is especially true when it comes to figuring out the lanes and volumes to include in the bid.
Cerasis
NOVEMBER 8, 2018
This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. Lackluster insight into freight spend and poor freight management controls. Data Analysis Enhances E-Commerce Forecasts and More Take a moment to consider what goes into managing e-commerce fulfillment. According to Conveyco , KPIs should be established through data analysis to measure these key areas: Warehouse capacity.
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Supply Chain Game Changer
SEPTEMBER 23, 2020
What’s the Difference Between Freight Management and Logistics Management? Freight mode optimization article and permission to publish here provided by Adam Robinson at FreightWaves.com. LEADING MISCONCEPTIONS AND CHALLENGES OF FREIGHT OPTIMIZATION. Subscribe Here!
Intelligent Audit
JANUARY 14, 2021
And it relates to a range of issues within the freight payment process. On top of that, there’s a need for tracking information and accurate freight billing. Freight bill payment is a separate and distinct transaction usually still done by matching of documents.”.
Intelligent Audit
JANUARY 12, 2021
Discrepancies and errors with invoices, records, communications, and processes represent the biggest issues facing companies today regarding freight management. Simple Freight Audits Have Evolved Into Much More Meaningful Value-Props. Freight Audit and Payment freight audit
CHAINalytics
APRIL 16, 2020
This week’s Freightvine podcast episode examines the challenges facing freight transportation in the effort to reduce its environmental impact. Sustainability can … The post Sustainable Freight Transportation – Finding a Balance with MIT’s Alexis Bateman and Suzanne Greene [Podcast] appeared first on Chainalytics. Joining host Chris Caplice to discuss their work on the Sustainable Supply Chain Initiative are his MIT colleagues Alexis Bateman and Suzanne Greene.
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Talking Logistics
MARCH 7, 2016
Freight tons moving on the nation’s transportation network will grow 40 percent in the next three decades while the value of the freight will almost double, increasing by 92 percent, according to the latest projections by the U.S. Not surprising, considering the ongoing growth of e-commerce, freight moves in tons by “Multiple Modes and Mail” — which includes shipments by parcel delivery services, U.S.
BluJay Solutions
MAY 14, 2020
BluJay unveils solution that puts configurable, visual data at the fingertips of any user for faster insights, easy analysis, and better decision-making . May 14, 2020 – BluJay Solutions , a leading provider of global supply chain software and services, announces the launch of BluIQ by BluJay, a data and insight analysis tool that offers real-time, actionable supply chain data in a configurable visual dashboard.
Cerasis
JUNE 12, 2018
Poor visibility in freight allocation is a leading reason shippers experience difficulty in managing freight, and this problem is evidence of a disconnect between the person managing freight and company stakeholders. Goodwill notes shipment data granularity and analysis are linked with better freight allocation , which means making use of the full spectrum of available shipping options, including full truckloads. Yesteryear, freight allocation was simpler.
Supply Chain Game Changer
OCTOBER 29, 2020
Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right. These are the must-haves for any effective freight sourcing team.
Veridian Solutions
OCTOBER 2, 2018
This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. Lackluster insight into freight spend and poor freight management controls. Data Analysis Enhances E-Commerce Forecasts and More Take a moment to consider what goes into managing e-commerce fulfillment. According to Conveyco , KPIs should be established through data analysis to measure these key areas: Warehouse capacity.
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Supply Chain Game Changer
NOVEMBER 26, 2020
Do You Have Hidden Freight Costs? Freight Budget article and permission to publish here provided by Adam Robinson at Freightwaves. Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. Subscribe Here!
Logistics Bureau
NOVEMBER 30, 2020
A common conundrum for companies is how to reduce their freight costs, which due to a recovery in demand following the Covid-19 pandemic have skyrocketed. Putting a lid on escalating freight costs has now become more important than ever. Make an in-depth cost analysis.
TMC
SEPTEMBER 1, 2016
Either way, a surfeit of data can gum up the decision-making process and make it more difficult to pinpoint the root causes of problems that are undermining the efficiency of your freight network. Setting unrealistic or unsuitable performance targets can easily put you on the road to analysis paralysis. The post Five Causes of Analysis Paralysis You Can Avoid appeared first on Connect Blog by TMC, a division of C.H. Performance Management Technology Analysis Data Performanc
The Logistics & Supply Chain Management Society
SEPTEMBER 24, 2020
Headquartered in Germany, Ocean Insights is a leading ocean supply chain visibility and market intelligence provider that supplies real-time tracking data and market analysis to large shippers from a broad range of industries, including automotive, manufacturing, food & beverage, commodity trading, chemical and freight forwarding. Ocean Freight Visibility Spells new Opportunities for Supply Chains – LogiSYM September 2020. Ocean Insights.
CHAINalytics
APRIL 21, 2020
Fewer loads, better driver utilization, mode shifting, and minimizing miles through better routing not only reduce your freight costs, these measures also result in less fossil fuel consumption, fewer emissions, and reduced environmental impact. Blog Feature Supply Chain Consulting Transportation dedicated fleet analysis mode analysis transportation mode analysis Transportation Modeling transportation network modeling transportation network optimization Transportation Optimization
Cerasis
OCTOBER 30, 2018
Consistent growth and higher rates are two common factors in any LTL market analysis today. To conduct a full LTL market analysis, let’s take a closer look at what to expect in the coming months. Few New Entrants Affect the LTL Market Analysis There have been dozens of new carriers to offer Full Truckload (FT) services over the past year. An analysis of the trends in LTL reveals the reach of Amazon and Walmart to be much more influential than first believed.
Cerasis
FEBRUARY 4, 2019
The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. Shippers need to consider how the freight data trends will affect dropshipping, omnichannel shipping, reporting capabilities, and much more. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.
Freight Center
FEBRUARY 13, 2020
If you have shipped before, then you know how important it is to understand how freight billing works. Freight billing is an unavoidable part of the process for every shipper. Without the knowledge of best practices for freight billing, it can be easy for small businesses to get caught up in freight billing mayhem. Knowing how freight billing works helps avoid costly shipping mistakes and gives you more time to spend running your business.
Cerasis
MARCH 24, 2015
Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Benchmarking as a Hard Rule within Transportation Cost Analysis Can Be Damaging. Outbound freight costs as percentage of net sales. Inbound freight costs as percentage of purchases.
Supply Chain Game Changer
NOVEMBER 20, 2018
Having come from a company wherein we were selling Freight management services I was curious about Freight spend at this new company. “How much were we spending on Freight?” Hidden Freight Costs. The reality is that there are freight and logistics costs in every step of the Supply Chain. Part of the problem was that no one had taken, or was responsible and accountable for, a holistic view of freight costs. The total freight bill was huge.
AFFLINK
OCTOBER 27, 2016
Aside from causing unrest in the money markets, this volatility in oil prices is also affecting the entire dynamic of supply chain analysis and execution. A supply chain analysis on frequent oil price changes shows that this phenomenon is forcing businesses to re-evaluate many of their strategies that have been implemented in the last few decades. As oil prices go up, eco-friendly supply chain analysis and strategies agree with economically effective business policies.
TMC
JANUARY 14, 2016
Either way, a surfeit of data can gum up the decision-making process and make it more difficult to pinpoint the root causes of problems that are undermining the efficiency of your freight network. Setting unrealistic or unsuitable performance targets can easily put you on the road to analysis paralysis. The post Five Causes of Analysis Paralysis You Can Avoid appeared first on Connect Blog by TMC, a division of C.H. How often do you feel like you’re drowning in data?
Cerasis
FEBRUARY 24, 2015
When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Accurate freight and transportation data is particularly important. Seizing control of freight and transportation spend can improve operating income by five to 10 percent, and boost stock prices by 10 to 20 percent, according to an Accenture study, From a Shipper’s Market to a Carrier’s Market. Freight Invoicing Reports.
Turvo
JUNE 12, 2020
Maintaining a freight broker business and helping it stand out from the crowd is more difficult than ever. Unfortunately, that does not always amount to spending money reasonably and maintaining control over freight spend. For those operating a freight broker business, the challenges are greater. These forecasts can also help brokers, shippers and fleets take a lot of the guesswork out of a proposal to move freight, say, a year from now. Analytics Freight Broker
Intelligent Audit
NOVEMBER 5, 2020
A well-thought-out freight analytics plan can make all the difference in maximizing profits, reducing costs, and staying ahead of the competition. Several other factors can play into the growing shift toward data-driven freight management.
Haven
AUGUST 26, 2020
At Haven, we have heard from customers how painful and frustrating auditing freight invoices can be. When our team began to analyze the issue and crunch the numbers, we quickly realized that the scale of the problem, with respect to billing errors in freight invoices, is large.
CHAINalytics
MAY 28, 2020
Blog Freight Market Intelligence Consortium Supply Chain Intelligence Transportation carrier management COVID-19 dedicated fleet dedicated fleet analysis Fleet management Fleet OperationsIn the latest episode of the Freightvine, Bridgestone’s Brad Blizzard joins host Chris Caplice to discuss how the company is dealing with slumping demand by offsetting the cost of their private and dedicated fleets.
Cerasis
JANUARY 29, 2015
The Department of Transportation (DOT) turned to Cerasis, a 3PL with expertise in transportation management by way of technology through their transportation management system (TMS) and managed transportation services, due to their extensive experience in working with shippers and carriers in the rapidly growing sector of freight shipments derived from sales generated through the e-commerce channel. Department of Transportation appeared first on Freight Logistics Company | Cerasis.
BluJay Solutions
OCTOBER 30, 2020
Guest commentary by Mike Mulqueen, JBF Consulting – as provided for the October 2020 Freight Market Index report. It is always with great anticipation that I await the arrival of the BluJay Freight Market Insight report.
4WL Consulting
MAY 5, 2015
Sometimes I think I’m Going Crazy Shipping freight is critical to your business and you should not be surprised that freight and logistics costs could be one of the largest expenses for your business, as they are for most companies. When you consider your freight costs, it is not only the hard cost of shipping the freight, or the freight rate, but other costs as well, like labor and technology.
BluJay Solutions
APRIL 20, 2020
Guest commentary by Mike Mulqueen, JBF Consulting – as provided for the April 2020 Freight Market Index report. Analysis. The impact of COVID-19 was not felt until March and initially, the result was a surge in freight volumes as consumers stocked up in preparation for quarantine. The consensus opinion was that after two very tumultuous years, 2020 would be rather unremarkable with freight volumes and carrier capacity relatively well aligned.
Talking Logistics
FEBRUARY 23, 2016
The current outlook for the rail freight industry is, at best, mixed. Where rail freight once was the price-competitive transport mode of choice, low fuel prices and increased availability of trucks in the spot market have resulted in low freight rates that are expected to remain low¹. It is becoming increasingly difficult under current circumstances for rail freight operators to earn sustainable margins and create returns for shareholders.
EFT
JULY 16, 2020
Intercontinental freight travelling between China and Europe has increased dramatically as a result of COVID-19 disruptions. Blank sailings by major cargo lines to support fragile shipping rates and a mass cull of air freight capacity, as commercial airlines stopped flying, created major headaches for many supply chains, particularly for those trying to ship time-sensitive loads.
CHAINalytics
JUNE 30, 2020
The last four months have been tough on freight transportation. Blog Feature Supply Chain Consulting Transportation APAC Fleet Analysis fleet modeling Fleet Modelling India Transport Modelling Transport Network Optimization transport optimization Transportation Modeling transportation network optimization Transportation OptimizationSpecifically in India, we witnessed a combined surge in demand for essential products with a shortage of trucks – and, most critically, drivers.
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