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Transforming Freight Benchmarking

Logistics Viewpoints

The vocabulary used in transportation can be confusing. Shippers” are companies that have goods that need to be transported. Carriers move shippers’ freight. Shippers can utilize their own network of carriers that is kept in their transportation management system. Scale is Necessary for Freight Benchmarking.

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The Importance of Sustainability Benchmarking

Logistics Viewpoints

The answer is to invest in sustainability benchmarking tools. Sustainability benchmarking is important for a number of reasons. Ultimately, sustainability benchmarking can help companies to understand whether their initiatives are effective and give guidance on how to make improvements.

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Benchmarking your Freight Rates for Maximum Supply Chain Efficiency

Logistics Viewpoints

Why are shippers interested in benchmarking and why are we hearing more about it lately? Benchmarking helps ensure they are getting the most out of their supply chain and also provides a platform for further optimization. What is Benchmarking? Currently residing in Mesa, Arizona.

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What Is Transportation Optimization and What Does It Have to Do With Managed Transportation

GlobalTranz

Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. It's important to understand how transportation optimization can work well with managed transportation service providers to attain that goal. Defining Transportation Optimization.

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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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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. It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport.

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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. The freight market is mercurial. One master of freight procurement is Kyle Masters.