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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. To thrive in this ever-evolving landscape, shippers must embrace a flexible and responsive approach.

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Make Freight Sourcing More Efficient!

Supply Chain Game Changer

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. Use of Freight Rate Benchmarking.

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2021 Logistics Outlook: Truckload Freight Market Forecast

GlobalTranz

To help shippers prepare, we will examine contributing factors that will play a significant role in the 2021 truckload freight market. Consumer Spending Shifts Will Continue To Impact The Truckload Freight Market. Rapid shifts in sourcing increased shipping spend and left routing guides useless for meeting demands.

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Retailers receiving inventories any which way they can

Cathy Roberson

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

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This Week in Logistics News (May 21 – 27)

Logistics Viewpoints

North American Transborder Freight up 23.8% The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. The excess capacity includes warehouses in New York, New Jersey, Southern California and Atlanta, according to an article in Bloomberg.com that referenced anonymous sources.

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What’s going on with global supply chains: A primer for the casual consumer

Freightos

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. More freight costs, higher consumer costs.

Global 395
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COVID’s Supply Chain Ripples: the SME Business Perspective

Freightos

This article provides an overview, based on a survey of over 1,200 small businesses, of how small and midsize businesses have weathered the storm, and how a changing – and potentially recessionary – market is impacting their outlook. But then global freight kicked in. . It’s suddenly about the economy.