The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

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.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Freightos

OCTOBER 18, 2017

What’s Holding Back Customer-Centric Air Cargo? . As the cream of air cargo’s innovators held turns on the floor, this question came up time and again. The industry’s mindset is holding customer-centric air cargo back. That was my big take from Elevate , presented by Air Cargo World earlier this month.

Cargo 125

Cargo Logistics Network Optimization Software Demand Planning Software Supply Chain Software 125

Freightos

APRIL 12, 2016

Which is why we’re taking our hats off to SpaceX for delivering 7,000 lbs of cargo to the International Space Station (ISS) this week using a reusable rocket – the Falcon 9. Check out how you might have booked this shipment as a freight quote on Freightos. A Space cargo ship sounds like science fiction.

Cargo 120

Cargo Logistics Network Optimization Software Supply Chain Design Software Freight 120

Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year.

Negotiating Skills 290

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Freightos

APRIL 6, 2020

In 2019, digital freight isn’t a vision; it’s a reality. Land travel restrictions in Asia extended Chinese New Year, dropping ocean freight demand, which, just weeks later, spiked when the shutdown ended. Meanwhile, massive passenger airline restrictions dramatically reduced air cargo capacity, sending rates through the roof.

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Freightos

AUGUST 29, 2019

Open up LinkedIn and check out the profile of senior salesperson at a freight forwarder or carrier and you’ll probably see several top-tier providers as previous employers. The best of them accumulated books of business contacts, which moved companies with them. This holds for freight. Freight digitalization reduces cost.

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Logistics Network Optimization Software Real-time Visibility Price Reduction Cost Reduction Strategies 202

Freightos

JANUARY 16, 2018

Prices Set To Ramp Up For Chinese New Year: Freight Rate Update Wk 2. Weekly update article on the Freightos International Freight Index exploring rate trends and their driving forces. 2018 started with China-US ocean freight prices increasing by 27% as supply chains came back into full swing. Air Freight Pricing.

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Freight South America Europe China 192

Freightos

AUGUST 31, 2016

Bringing Freight Online With WebCargoNet And Freightos. But this story is more about a vision for a better future of freight, than just another acquisition. WebCargoNet’s focus has been more on the carrier-forwarder relationship and has also placed more focus on air freight. An Industry On The Verge Of Change.

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Logistics Viewpoints

FEBRUARY 9, 2024

In a strange twist, all the parking spaces for private planes in Las Vegas are currently booked, according to the Associated Press. The industry added jobs at a time when logistics companies have been coping with a faltering freight market for the past 20 months. Bank Freight Payment Index. Bureau of Labor Statistics.

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Freightos

MARCH 19, 2024

More Resources Home Navigating the Waves: Exploring Digital Booking in Ocean Logistics at TPM 2024 Judah Levine The sessions at this year’s TPM, the preeminent North American ocean freight conference, was more focused on the role of technology in ocean logistics than ever.

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Supply Chain Game Changer

NOVEMBER 19, 2020

What’s the Difference Between a Freight Forwarder and a Customs Broker? Freight forwarder rates article and permission to publish here provided by Victor at excelsior.ph. If you are a business owner looking for a freight forwarding service, the first thing you must consider is your preferred budget. Get Our EBOOK HERE.

Negotiating Skills 92

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Freightos

NOVEMBER 11, 2021

Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. More on Maersk’s transition to an end-to-end provider can be found in this 2020 report.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Supply Chain Game Changer

JUNE 23, 2021

Do you have a Freight Management Strategy or are you Spinning your Wheels? The emergence of COVID-19 changed many things in the world of business, and transporting cargo is no exception. This article summarizes the top five benefits of using air charter for cargo and the products and industries that need it the most.

Cargo 57

Cargo Industrial Industry Expense Reduction 57

Freightos

MAY 10, 2015

There are tens of thousands of books about logistics and supply chains. Amazon has 31,817 books about supply chain and 24,934 about logistics. That’s 56,751 supply chain and logistics books. All those books would weigh 49,000 kilograms – half the cargo mass of a Boeing 747-200F. Empire State Buildings.

Agile and Lean Supply Chain 120

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Freightos

NOVEMBER 11, 2015

Wouldn’t it be amazing if someone could cut through the hype and summarize the key freight and logistics trends every month? Short Term Medium Term Special Feature Carriers & Cargo Innovation Freightos focus November 2015 freight and logistics trends that rate. CARRIERS & CARGO BRAVE NEW ROUTES.

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Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Tenders can take BCOs (Beneficial Cargo Owners) three to five months of preparation, but despite this, the fixed price often breaks down during peak season. This, of course, requires a reputable global freight index. We never looked back.

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Optimal Sourcing Procurement Freight Price Reduction 120

GlobalTranz

JUNE 23, 2021

the past 13 months of sustained rising freight demand and widespread shortage of labor up-and-down supply chains has brought the LTL trucking sector, and the shippers that depend on it to move palletized shipments, to a turning point.”. freight and delivery needs. State of the LTL Market. As reported by the? Journal of Commerce ,?

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Freightos

MARCH 29, 2017

Round extension led by GE Ventures, after 600% order growth in six months following the Freightos Marketplace launch and adoption of Freightos software by 1,000 freight forwarders. In August 2016, Freightos acquired WebCargoNet , a Barcelona-based technology provider of air cargo rate management and eBookings. Jonathan Pulitzer.

Logistics Network Optimization Software 120

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Freightos

MARCH 12, 2024

More Resources Home March 12, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices fell 20% to $3.97/kg kg China – N.

Negotiating Skills 286

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Freightos

JANUARY 30, 2024

More Resources Home January 30, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America air cargo rates climbed 11% last week to $5.33/kg,

Negotiating Skills 275

Negotiating Skills Optimal Sourcing Asia Europe 275

Freightos

JANUARY 29, 2020

Market-optimized pricing and capacity will finally become the standard in air cargo – if the industry is able to follow the lead of other industries, including passenger air travel, that have leveraged digitization to reach this goal. Air cargo is a different story. Other industries have leveraged this digital shift.

Cargo 235

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Freightos

MARCH 19, 2024

More Resources Home March 19, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. China – N. Europe weekly prices increased 32% to $3.93/kg.

Asia 262

Asia Europe America China 262

Talking Logistics

SEPTEMBER 20, 2017

Peak season for ocean freight shipping is underway. There may be instances where you will have to work more closely with carriers and book further in advance to ensure you can meet critical deliveries. If you fail to book in time, you may miss your delivery deadlines, or will have to use an expedited shipping method to meet them.

Scenario Planning 106

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Freightos

DECEMBER 4, 2015

The broader climate issue.and freight’s role. The emissions from freighting Shawn’s TV is a miniscule percentage of this year’s 33 billion ton cube. The emissions from freighting Shawn’s TV is a miniscule percentage of this year’s 33 billion ton cube. kg of carbon emissions. This is a big deal.

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Freightos

OCTOBER 31, 2022

But then global freight kicked in. . It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted. Take Conner, the manufacturer of FORT, a magnetic pillow fort. It’s suddenly about the economy.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

Freightos

NOVEMBER 7, 2023

Here at Freightos, our vision is to digitalize international freight–air and ocean. But so far air freight and ocean freight have gone in different directions. Looking beyond digital waybills to digitalizing business processes, we always like to focus on bookings as the bellwether of digitalization.

eBook 217

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Freightos

JANUARY 28, 2016

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. Freight Industry Is Finally Online. We Start Thinking Of Freight As Big Parcels. Ocean carriers are reeling.

Predictive Analytics Software 120

Predictive Analytics Software Freight Purchasing Skills Price Reduction 120

Freightos

JANUARY 28, 2016

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. Freight Industry Is Finally Online. We Start Thinking Of Freight As Big Parcels. Ocean carriers are reeling.

Predictive Analytics Software 120

Predictive Analytics Software Freight Purchasing Skills Price Reduction 120

Zipline Logistics

SEPTEMBER 7, 2021

If you have an order that needs to get to its destination in a hurry, expedited freight options could be your best choice for delivery. Though often a result of an unexpected need, there is still a way to control costs and ensure quality performance when arranging expedited freight services. What Is Expedited Freight?

Freight 52

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Freightos

APRIL 2, 2024

More Resources Home April 2, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. China – N. Europe weekly prices fell 6% to $3.31/kg.

Baltimore 266

Baltimore Asia Europe New York 266

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.

Freight 56

Freight 3PL Third Party Logistics Shipping 56

Freightos

FEBRUARY 7, 2024

More Resources Home February 7, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America air cargo rates climbed 14% last week to $6.06/kg,

Negotiating Skills 177

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Freightos

FEBRUARY 22, 2024

More Resources Home February 22, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 7% to $3.65/kg

Price Reduction 177

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 177

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all. What tools we can use to benchmark ocean freight and carriers’ service reliability?

Optimal Sourcing 130

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Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 21% to $5.72/kg

Negotiating Skills 287

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction Strategies 287

Freightos

MARCH 27, 2024

More Resources Home March 27, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. China – N. Europe weekly prices fell 10% to $3.52/kg.

Baltimore 275

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NC State SCRC

JUNE 22, 2023

logistics managers should be cancelling bookings with Hanjin Shipping” Rick Bridges, Roanoke Trade Insurance Hanjin operates 98 container ships totalling 600,000 twenty-foot equivalent units (TEUs), 11 port terminals and 74 deployments.

Cargo 40

Cargo Risk Management Shipping Course 40