On the Track to Profitability: The Power of Pricing Analytics in Rail Freight

Talking Logistics

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 low.

Trucking & Freight Management Trends to Know in 2019

Cerasis

Freight management is crucial for companies around the globe. Effective freight management reduces delays for consumers, helps companies offer Amazonesque shipping benefits and much more. Shippers that wish to succeed in 2019 need to know the top trucking and freight management trends for 2019 and how they will affect shipping practices, global trade, last-mile , and even drivers. How To Determine Freight Class: Density Calculator & Printable Resource.

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[PODCAST] Increasing Parcel Volumes Requiring Shippers to Implement Technology for Parcel Freight Optimization Yielding Reduced Costs

Cerasis

Hello and welcome back to another episode of “The Freight Project Podcast!” We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute.

Minimizing Supply Chain Disruption Through Analytics: A Brief Guide

Cerasis

Using analytics in the supply chain has the most potential to dramatically reduce costs of supply chain management, as well as minimizing supply chain disruption. Unfortunately, the upfront investment costs for deploying the technology necessary to use analytics can be difficult to justify, so Warehouse Managers need to know a few things about house analytics to enable the minimization of supply chain disruptions. This is where analytics come into play.

End to End Supply Chain Visibility - Solving The Data Problem

when booking freight, and how to staff. analytics via a cloud-based application that. 1DIGITAL TRANSFORMATION, END-TO-END VISIBILITY, AND. THE "DATA PROBLEM". Given the macroeconomic cl imate and the. Amazon effect," many companies are. looking to digital ly transform their. businesses.

Start Managing Your Inbound Freight More Effectively Today

Talking Logistics

It’s time to make inbound freight a priority and begin reaping the benefits of a program that creates win-win rewards for all supply chain partners. Unfortunately, few shippers make inbound freight a priority, and even fewer consider it a strategic supply chain initiative.

Blockchain and Supply Chain Analytics: Impact of Small to Large Supply Chains

Cerasis

The value of blockchain and supply chain Analytics is Undisputed, and the capabilities of blockchain Technology are starting to become available two small and midsize businesses, as well as large corporations, such as Walmart.

10 Tips To Be A Successful Freight Broker!

Supply Chain Game Changer

3 Most Common Freight Forwarding Scams (and How to Avoid Them)! Licensed freight brokers operate around the country in various markets, helping make the transport of goods a reality for their customers. Freight brokers who are successful also use technology to their advantage.

What You Need to Know About Full Truckload Freight Allocation

Cerasis

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.

How TMS Analytics Can Lead to Actionable Insights & Continuous Improvement

Cerasis

Modern, cloud-based analytics systems within transportation management systems ( TMSs ) have redefined how you strive for continuous improvement. The goal of seeing your freight’s location 24/7/365 is well underway, and TMS analytics are providing insights beyond knowing the shipment’s location. Your opportunities will grow, but how do a dedicated TMS and analytics make this possible? But, this is only the surface of analytics.

Removing the 3 Barriers to Building a Predictive Supply Chain

Growing Challenges Shippers, carriers, terminal operators, freight forwarders and 3PLs spend millions of dollars and. such as cloud, analytics and big data. This data can provide proactive, predictive analytics. ocean carriers, freight forwarders, 3PLs, terminal operators.

The State of Digital Freight: The 4×4 Blueprint for Freight 2020

Freightos

The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player.

Freight Data Trends for 2019 and How a TMS Will Grow in Value

Cerasis

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. Data Freight Omnichannel Transportation Management Trends

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Full Truckload Technology: The Various Technology Involved in Full Truckload Freight Shipping Management

Cerasis

In full truckload freight management, technology will make or break plans for keeping freight spend in check. Demand for record-breaking speed of delivery and free shipping are only making the case for greater use of technology in full truckload freight shipping management, and shippers need to understand why. Amazon continues to push its own fleet forward, and the Big Box giants are willing to pay premium prices to get freight to market. Big Data Analytics.

Freight Brokers Continue to Show Their Value

Logistics Trends and Insights

Definitely benefiting from a healthy economic climate; however, it was their freight brokerage divisions that really shined. In fact, freight brokerage in general continue to shine bright thanks to capacity constraints within the trucking industry. freight brokerage firm, C.H.

What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. What is Freight Management? But what activities are thus considered to be a part of Freight Management? Subscribe Here!

Current State of the Logistics and Freight Economy

Cerasis

Although an initial view of the logistics and freight industry seems stale, it represents how the flow of goods and services are sprouting and delivering more with fewer resources. However, recent years have seen more shippers turn to less-than-truckload (LTL) and freight consolidation with full truckload (FT) to reduce the number of trucks on the road. We know Big Data and analytics are game-changers, asserts Russel Reynolds Associates , but what are they actually changing?

Revenue Management for Rail Freight Profitability

Talking Logistics

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.

[INFOGRAPHIC] Will APIs Replace Freight EDI? The Transportation Industry Moves Technology Forward

Cerasis

Why does Freight EDI still exist? Freight EDI is costly to set up and maintain, leads to more headcount, and frequently breaks. Now, going further, what is EDI in freight? IS Freight EDI Dead?”. Is Freight EDI Dead? Alternatives to Freight EDI.

Operational Analytics and A Modern Data Hub Help Suppliers Meet Walmart’s OTIF Standards

Silvon Software

Using Operational Analytics and a Modern Data Hub to Drive The Supply Chain. And from this data platform, stakeholders like account teams, corporate demand planners and others to view the data in the context they require using operational analytics. Intelligent Analytics

Is The Freight Capacity Crunch in Trucking a Myth?

Cerasis

The freight capacity crunch has dominated supply chain and logistics since 2014, and many shippers fear it will arrive sooner than many experts believe. The Freight Capacity Crunch Has Not Yet Reared Its Head. The freight capacity crunch remains an object of speculation in among logistics providers and shippers. The most influential aspect of a freight capacity crunch is its impact on rail and intermodal shipping options. Capacity Crunch Freight

How Analytics Can Help Shippers Combat Rising Intermodal Transportation Costs

Savi

Trucker Shortage Amplifies Freight Price Increase Low unemployment rates and an economic upswing coupled with high transportation demand have made it difficult to find the number of truck drivers needed for the volume of shipments going out, The Washington Post reports. Diminishing truck supply, high freight demand, and an ongoing driver shortage all contribute to rising rates in intermodal transportation. Big Data & Analytics Featured Supply Chain

Freight Rates News December 2015

Freightos

Freight Rates News. Freight and logistics trends that rate in the news. OUR TAKE There is a lot more flexibility with parcel delivery, but some aspects of this change also applies to freight. Overcapacity has plunged freight rates, profit, and prompted mergers.

Chainalytics Partners with Mexico-based Consulting Firm Tsol to Launch Intra-Mexico Freight Benchmarking Service

CHAINalytics

Atlanta, GA (March 11, 2019) — Chainalytics, a global leader in supply chain consulting, analytics, and market intelligence has entered into a strategic alliance with Tsol, a Mexico-based consulting firm and logistics technology provider, to deliver its freight rate benchmarking service within Mexico.

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I visited the BVL Kongress in Berlin, and also attended the International Institute for Analytics ”Chief Analytics Officer” meeting last summer. We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics. Not surprisingly, analytics is at the top of the list. Supply Chain Analytics Will Emerge as a Key Enabler to Performance. 2013 has certainly been an interesting year!

CFO Beating You Up Over Rising Freight Costs? Hit Back with a TMS

Talking Logistics

Freight spend is up 15% year over year and it is eating into the bottom line! Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry.

Top 5 Practical Freight & Logistics Applications of Blockchain-Based Systems

Shipchain

Payment Management Forms Another Key Freight-Use for Blockchain-Based Systems. Scheduling Through Blockchain Increases Freight Planning and Accuracy in Recordkeeping. Increased visibility of freight scheduling through blockchain is one of the ways blockchain may impact and benefit logistics, especially as it relates to wasted capacity. Freight shipped sooner for shippers and carriers. Lower freight rates charged by carriers.

System 102

Using Logistics Technology to Execute a Winning Inbound Freight Strategy & Have Compliant Vendors

Cerasis

Fortunately, today’s logistics technology has the power to execute a winning inbound freight strategy and maintain compliance in the following ways. Using Logistics Technology to Execute a Winning Inbound Freight Strategy & Have Compliant Vendors. If an existing shipment needs re-routing, the Cerasis Freight Desk can complete the change at your request, or you have the option of re-routing the shipment from within the Cerasis Rater. Inbound Freight Logistics

Combat Rising Transportation Costs and Driver Shortage With Supply Chain Analytics

Savi

Supply Chain Challenges: Freight Volume Rising, Driver Shortage Growing The shipping industry plays a critical role in world economics. Most notably, earlier this year when freight volumes hit records levels while at the same time, the number of available drivers fell by more than 50,000.

Gap Widens Between Contract and Spot Market Freight Rates

DAT Solutions

Spot market freight was stuck in neutral for most of the third quarter , with some pockets of seasonal activity. Recognizing that 2014 was extraordinary in many ways, the past month looks anemic even when compared to the more typical freight movement of September 2013. Freight Rates

Connect Big Data with Predictive Analytics for Increased Visibility and Control Over Global Supply Chains

Supply Chain Network

Shippers, carriers, freight forwarders and third party logistic firms are currently spending millions of dollars in resources on ‘estimating’ important metrics such as container Estimated Time of Arrival (ETAs). Going forward, competitive advantage in digital age will come from harnessing as many sources of relevant big data as possible and then utilizing advanced Predictive Analytics and AI tools to make the best use of these sources.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. The 7 Core Competencies for Optimal Global Transportation and Freight Spend Management.

7 Challenges Facing Supply Chain Leaders in 2019

CHAINalytics

Blog Feature Integrated Demand & Supply Planning Managed Analytics S&OP Supply Chain Design Supply Chain Operations Transportation Cost-to-Serve E-Commerce ELD Freight Capacity freight transportation IBP macroeconomic trends make or buy network optimization Omni-channel risk management segmented planning supply chain alignment supply chain innovation Supply Chain Network Design supply chain segmentation supply chain technology talent management

Harvey’s Impact on the Global Supply Chain: The Role of Analytics

NC State SCRC

What is the role of analytics in creating managerial insights into such events? ” The challenge for analytics is to be able to map supply chains that are dependent on a single geography, and this would be important to prepare for risk.

Tapping into Big Data to Enable Actionable Supply Chain Visibility and Predictive Analytics

Supply Chain Nation

This results in lower customer service levels, increased expedited freight, lower margins and the need for more buffer stock. TransVoyant is at the forefront of the predictive analytics space. The partnership between JDA and TransVoyant combines best in class supply chain planning and execution with real-time visibility and predictive analytics. Supply Chain predictive analytics TransVoyantSupply chain disruptions are inevitable.

SCRC Meeting Part 2: DHL’s Advanced Analytical Team Models Logistics Challenges

NC State SCRC

in Germany, and millions of shipments. The organization includes their Express business, Global Forwarding Freight of Air freight, ocean, and road, and Supply Chain, that is focused on Contract Logistics and Industry Solutions. Omer Rashid is a senior director of analytics, having worked about 20 years or more with DHL. Analytics Big Data Inventory Management Logistics Supply Chain Management Transportation Planning

The Benefits of Maintaining Transportation Sourcing Analytics through a Platform Dashboard

CHAINalytics

However, this article will focus primarily on the tools aspect of the sourcing … The post The Benefits of Maintaining Transportation Sourcing Analytics through a Platform Dashboard appeared first on Chainalytics.