Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

Los Angeles 156

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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. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

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Freightos

DECEMBER 2, 2021

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. Starting in July 2020, the impact of this trend became obvious when ocean freight prices shot up, and have continued rising. What’s changed in a year?

Price Reduction 177

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Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. A significant majority – 70% – reported a return to normalcy in logistics operations, with 40% experiencing conditions that were even better than those they experienced pre-pandemic.

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Logistics Bureau

DECEMBER 6, 2021

However, freight shipping is the one activity that presents significant barriers to overseas-market entry, as you may have discovered if your business is starting to look across international borders for its next step in expansion. Container Shipping Can be Tough for SMEs. Challenge #1: High Costs and Confusing Pricing.

Freight 76

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Freightos

JUNE 15, 2021

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. Container shipping costs are usually shockingly low.

Global 397

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The Logistics of Logistics

JANUARY 6, 2023

Doug is the CEO of Echo Global Logistics , a leading provider of technology-enabled transportation and supply chain management services. Doug Waggoner has served as Chief Executive Officer of Echo Global Logistics since December 2006 and was a Board member from 2008-2021. About Echo Global Logistics. About Doug Waggoner.

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Freightos

FEBRUARY 28, 2022

Which brings us to international freight. It’s challenging to get fixed prices for global freight. Conversely in 2021 when rates were sky high, suddenly companies that had negotiated fixed rates couldn’t get their cargo on the ship without paying an extra premium surcharge. Hedging for freight price volatility.

Negotiating Skills 177

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The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels.

Optimal Sourcing 130

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GlobalTranz

DECEMBER 5, 2018

Black swans in the supply chain refer to unexpected, unusual disruptions within the supply chain, reports Melanie Nuce of Inbound Logistics. For freight, managing black swan events, like risk mitigation , means finding problems that are on the verge of causing disruption and taking advantage of resources to minimize their impact.

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GlobalTranz

MAY 12, 2016

Take a look at how a business can use technology, metrics, and services to improve transportation processes, which range from supplier shipping to route optimization. Download the KPIs E-Book by Filling out the Form Below!

Metrics 120

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Freightos

SEPTEMBER 8, 2020

Shipping containers are like scotch. . But decisions about how many barrels to produce or how many ships to sail have to be made in advance. But spiking rates led many ocean carriers to skyrocketing profits while the drop in trade volumes led to bankruptcies, bailouts, and financial pain for most other parts of the logistics industry.

Purchasing Skills 218

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Freightos

MARCH 8, 2021

With customer expectations continuously on the rise and as technological progress continues, logistics companies need to explore new ways of innovation. There’s a line that is taken out, dusted, and used far more often than any line should be in logistics – it takes a lot longer to turn around a container ship than it does a speedboat.

Logistics Network Optimization Software 177

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The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

But decisions about how many barrels to produce or how many ships to sail have to be made in advance. But spiking rates led many ocean carriers to skyrocketing profits while the drop in trade volumes led to bankruptcies, bailouts, and financial pain for most other parts of the logistics industry. Is ocean freight pricing broken?

Purchasing Skills 217

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GlobalTranz

SEPTEMBER 17, 2018

E-commerce growth has become part of the record books. Unfortunately, e-commerce shipping practices, although different from traditional retail shipping, still fall short. Supply chain leaders need to understand why logistics fundamentals will continue to shape e-commerce shipping strategy.

Resource Reduction 185

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The Logistics of Logistics

NOVEMBER 9, 2022

Oren is the Founder and CEO of Flock Freight , a Certified B Corporation that’s been reinventing freight shipping since 2015. Raised by parents who worked for a van line and later started their own freight forwarders, Oren has deep-seated roots in logistics and entrepreneurship. About Flock Freight.

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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.

Agile and Lean Supply Chain 120

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The Logistics of Logistics

APRIL 15, 2024

Ed Burns and Joe Lynch discuss getting good shipper freight. Ed is the CEO of Burns Logistics , a transportation sales agency that connects shippers and carriers in a way that helps both to achieve their goals. He grew up around the freight world and is fascinated by big trucks. About Ed Burns Ed Burns loves to connect people.

Freight 215

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GlobalTranz

OCTOBER 5, 2017

It can be hard to wrap your mind around how encompassing last mile Logistics can be. Last mile e-commerce, last mile technology, last mile metrics and white glove services make standard shipping conversations seem like child’s play, and the new focus on the last mile is anything but. E-Commerce Logistics Will Continue to Evolve.

Logistics Network Optimization Software 142

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Supply Chain Movement

FEBRUARY 25, 2021

Are logistics matching platforms a wolf in sheep’s clothing for freight forwarders? He writes that digital forwarders like Flexport, Shypple and Cogoport are winning market share from traditional forwarders with their online booking platforms. Uber Freight. Martijn Lofvers, Chief Trendwatcher Supply Chain Media.

Shipping 78

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GlobalTranz

NOVEMBER 5, 2018

Shipping rates will continue to soar, and demand for more capacity will push the stretched industry to its breaking point, says Michael Angell of Freight Waves. As consumers take to their favorite retailers, also due in part to the strong economy, volume shipped will increase. Get Your Free Copy Here. Download eBook.

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GlobalTranz

AUGUST 14, 2018

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. We hope you enjoy this very first episode of The Freight project podcast! Download the E-Book.

Cost Reduction Strategies 120

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The Logistics of Logistics

FEBRUARY 25, 2022

Jacob is the President at EXO Freight, the first managed marketplace built for open deck shippers and carriers. Jacob Mcleod , Graduate of University of Michigan, began a logistics career at Con-way Multimodal learning the industry from the floor. About EXO Freight. Open Deck shipping accounts for over 20% of the $700B U.S.

Optimization Software 198

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The Logistics of Logistics

AUGUST 20, 2020

Transforming the Shipper, Freight Forwarder Relationship with Sarah Barnes-Humphrey. Sarah Barnes-Humphrey and Joe Lynch discuss transforming the shipper, freight forwarder relationship. Shipz is an online transportation booking platform for international freight movements and a supply chain ecosystem.

Supply Chain Design Software 130

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Freightos

JANUARY 4, 2018

The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Bringing Freight Online In The Carrier Space. By Zvi Schreiber, CEO, Freightos.

Freight 137

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GlobalTranz

OCTOBER 29, 2018

Less-than-truckload (LTL) freight is in the midst of a boom. The state of LTL freight offers a grand opportunity to overcome the significant obstacles created through economic growth, e-commerce, and global markets. Expected increases in LTL freight costs. LTL and intermodal shipping. LTL shipping apps and their benefits.

Freight 186

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GlobalTranz

DECEMBER 5, 2014

Shippers are often challenged when dealing with the freight classification system from the National Motor Freight Classifications (NMFC) book, the code numbers assigned to all products that determine the correct freight class for shipments. A Brief on Freight Classification.

Freight 244

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Logistics Viewpoints

AUGUST 12, 2022

And now on to this week’s logistics news. Earlier this week, the company announced that it will acquire Italy’s Bomi Group, which provides global healthcare logistics services. On the shipping side, companies seeking fully electrified fleets will need a place to charge up. From a shipping perspective, time is critical.

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Freightos

JANUARY 8, 2019

The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. It should come as no surprise that we are running out the clock until Amazon competes with more aspects of the logistics industry. Four Core Themes Shaping Logistics. Online freight booking.

Freight 150

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Freightos

JANUARY 4, 2018

The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Bringing Freight Online In The Carrier Space. By Zvi Schreiber, CEO, Freightos.

Freight 120

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Freightos

JUNE 6, 2023

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. This was terrible news for a company now on the hook to ship to kids who were suddenly cooped up and hankering for a fort.

Manufacturing Procurement 248

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Logistics Bureau

NOVEMBER 1, 2021

Does your supply chain depend on container freight shipping? At Logistics Bureau, we have supply chain consultants available to help you improve volume forecasting and attain the most favourable container freight rates possible, even during this period of pandemic-induced turmoil. Sky-high shipping fees.

Forecasting 78

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SCMDOJO

APRIL 15, 2024

The inner workings of logistics at Amazon are a marvel of efficiency, precision, and constant innovation. We’ll explore their logistics empire, from warehouse robots to futuristic visions, and discover how they manage millions of packages daily. Ever wonder how Amazon gets your package to your door so quickly?

Logistics Network Optimization Software 79

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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. You can hear the full interview with Conor in our podcast series, Ship Happens. .

Supply Chain Planning Software 156

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GlobalTranz

FEBRUARY 18, 2022

In our recent GlobalTranz 2022 Logistics and Supply Chain Trends and Outlook white paper, our experts review some of the factors that will shape logistics in the coming year and beyond. Monitoring your invoiced accessorials and surcharges will help identify freight optimization opportunities to reduce shipping costs significantly.

Trends 227

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Zipline Logistics

DECEMBER 22, 2020

Providing your logistics partner with additional lead time can be critical in ensuring better rates and securing capacity in any market. But with freight conditions like those we have seen throughout most of 2020, building in additional lead time is an even more essential piece of your logistics operational puzzle.

Freight 52

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Freightos

MAY 13, 2019

In itself, that’s a big deal, but its significance is compounded when you consider the trucking shipment volumes such a move will require; it’s essentially jet fuel for their new freight brokerage business. Regulating Amazon…Because Freight. From a logistics perspective, I think she’s on to something.

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