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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. The freight market is mercurial. It can move quickly from a situation where there is too much capacity in the market and buyers having the whip hand, to a situation where shippers are begging carriers to take their loads at almost any price.

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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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Logistics Procurement – Performance Management

The Logistics & Supply Chain Management Society

With constrained and somewhat erratic demand and supply – not just of products and materials but also capacity with carriers of all modes – rates have been extremely volatile. Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels.

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10 Controversial Freight Predictions for 2016

Freightos

10 Controversial Freight Predictions For 2016. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. A (short-term at least) solution for large forwarders to sustain growth path by acquiring assets, reach or just size.

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10 Controversial Freight Predictions for 2016

Freightos

10 Controversial Freight Predictions For 2016. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. A (short-term at least) solution for large forwarders to sustain growth path by acquiring assets, reach or just size.

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5 Reasons Why You Should Benchmark Your Carriers

Freight Plus

Freight is a rapidly evolving market that is seeing changes in capacity, growth, routing, service, and technology. That's why we benchmark. Here are 5 reasons you should be benchmarking your carriers: Growth. How has your company grown since the last time you sat down at the table to look at numbers?

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How the best shippers manage capacity challenges

DAT Solutions

What can shippers do to make their freight attractive to carriers? Especially with the ELD mandate, we need to inform our suppliers and distribution centers that their receiving hour window may no longer be conducive to transporting freight. Now we're creating loads that don't take as much time to break down.