7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. As a strategic process, transportation procurement may still seem very tedious and challenging. Smaller companies have lean shipping departments and are often focused on moving product with little time and energy remaining to negotiate contracts and analyze freight spend.

[e-Book] The Essential Guide to Inbound Freight Management

Cerasis

How Big Is the Problem Of Inbound Freight Management? Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. Depending on the industry and size of the company, a business can spend more than 40% of its annual freight budget on inbound shipping, according to the Aberdeen Group, a research firm in Boston. Download the Inbound Freight Management E-Book: Fill out the Form Below.

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This Week in Logistics News (July 13-17, 2015)

Talking Logistics

Now, this week’s supply chain and logistics news, which was dominated by transportation-related items: Are Imports Moving to the East Coast? Cass Freight Index June 2015 Report. When it comes to transportation infrastructure funding, it’s the same old story.

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Above the Fold: Supply Chain Logistics News (July 19, 2019)

Talking Logistics

We’re getting ready for a heat wave here in Boston. News This Week in News Transportation Management Systems Death Valley Descartes MacroPoint drones ELD mandate JDRF Manhattan Associates Merck Newmine Nippon Express real-time freight visibility TMS Transplace transportation management systemsTemperatures are supposed to reach 100F tomorrow and Sunday.

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Teamsters and UPS Freight Union Members Move to Strike, UPS Freight to Shut Down in the Interim

Cerasis

UPS Freight, has started to empty its network of freight and is refusing inbound shipments with delivery dates after November 8, 2018, reports William B. What Happened With UPS Freight and the Teamsters Union? What’s Happening With UPS Freight Between Now and November 7?

This Week in Logistics News (January 28 – February 1, 2019)

Talking Logistics

I was hoping for 70F+ weather, but even Florida fell victim to the Polar Vortex, with temperatures only in the 50s (which felt tropical, nonetheless, compared to Chicago and Boston). Uber Freight: Transportation Facility Brand Managers.

This Week in Logistics News (April 11-15, 2016)

Talking Logistics

Today marks the three-year anniversary of the Boston Marathon bombings, a sad and scary day, especially those of us living in the Boston area. February 2016 Freight Transportation Services Index (TSI). Finally, if you’re keeping a pulse on freight activity in the U.S.,

Going Beyond Brokerage: How North American Capacity Solutions Can Go to Work for You

Talking Logistics

While these approaches can certainly deliver a significant return on investment (ROI), other strategies that can positively impact their transportation network are often overlooked – for example, thinking more strategically about capacity. It may be time to evaluate your transportation network and approach to procurement and make the move from simply fixing logistics problems as they present themselves to a more strategic, scalable model derived from analytics and not simply rates.

This Week in Logistics News (April 3-7, 2017)

Talking Logistics

Rapid temperature cycling due to crazy Boston weather. It didn’t take long for the recently rebranded BluJay Solutions to make its first acquisition: Blackbay , “a leading provider of mobility-enabled solutions for the transport and logistics industry.” My garage door is crumpled.

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How to Move Forward with Reverse Logistics

Talking Logistics

The critical difference is that transportation is the last step in forward logistics and the first with reverse, which can cause problems. Mr. Bentz has more than four decades in supply chain consulting, transportation and logistics, and currently leads Transplace Consulting Services.

Shoveling Snow with a Dustpan (Takeaways from BluJay Solutions’ SOAR 2017 Conference)

Talking Logistics

This past April 1st, it snowed over 6 inches here in Boston. The library currently includes services such as Rating, Fuel Index, Denied Party Screening, Currency Conversion, Duty Calculation, License Determination, and other services related to transportation and global trade management.

This Week in Logistics News (September 8-12, 2014)

Talking Logistics

Roadnet Transportation Suite 3.6.7 July 2014 Freight Transportation Services Index (TSI). Cass Freight Index Report for August 2014. Moving on to software news, Roadnet Technologies launched Roadnet Transportation Suite version 3.6.

This Week in Logistics News (April 4-8, 2016)

Talking Logistics

MercuryGate Launches Global, Omni-modal Freight Procurement Solution. Marten Transport Ltd. Shippers are under enormous pressure to cut transportation costs and seem not to be satisfied with the massive fuel surcharge reductions racked up over the past year and a half.”.

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6 Things to Consider as You Plan Your 2016 Budget

Talking Logistics

You can read more on the topic in our recent white paper, Wide Open: How the Panama Canal Expansion Is Redrawing the Logistics Map [DK1] , which was written collaboratively with Boston Consulting Group. It becomes imperative that your service provider has the ability to effectively load every import container with domestic freight or exports to help ensure efficiencies, reduce carbon footprint, and create collaborative value to the ocean carriers.

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6 Things to Consider as You Plan Your 2016 Budget

CH Robinson Transportfolio

You can read more on the topic in our recent white paper, Wide Open: How the Panama Canal Expansion Is Redrawing the Logistics Map , which was written collaboratively with Boston Consulting Group. Freight Services Global Transportation Logistics Supply Chain Supply Chain Consulting

Freight Rates Drop as Overcapacity Continues to Rise

GTG Technology Group

If there are not enough ships to accommodate freight, it is viewed as under capacity. Overcapacity is the opposite, with more available ships than freight. The Boston Consulting Group points to increasing container capacity and projects the gap between the demand for goods and the oversupply in vessels will be 2 million to 3.3 The post Freight Rates Drop as Overcapacity Continues to Rise appeared first on GTG Technology Group.

This Week in Logistics News (July 27-31, 2015)

Talking Logistics

I’m taking the day off from work today, heading to Boston with my mom and my wife and kids, and we’re just going to pass the day in the city. May 2015 North American Freight Numbers. Regulations Robots This Week in News Transportation Management Systems Amazon C.H.

Speed Bumps on the Road to Vehicle Automation

Supply Chain @ MIT

Will road transportation follow a similar trajectory? However, manually driven cars routinely run red lights, as can be seen in busy cities such as Boston. Unmanned cockpits a long way off?

31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

Cerasis

And, according to a Boston Consulting Group (BCG) study, 54% of companies with above one billion in revenues are now considering reshoring. Transportation and freight costs are reduced. Excessive time-to-market delays due to overseas transportation issues are eliminated.

How IoT Improves Consumer Packaged Goods Value Chain

Savi

The pivot point has moved from production to customer delivery, and the primary constraint has moved from manufacturing to transportation. This shift is hard to handle because the CPG industry spends at least 5% of revenue on transportation. Plagued with driver shortages, theft, and delays, transportation undermines results from all other cost initiatives. Given that most freight is transported over the road, this is a serious concern.

Logistics, Data, and Cognitive Computing

Enterra Insights

These can include freight costs that are too high, transit times that are too long or not charging enough for freight.”[1] Boston Consulting Group (BCG) analysts assert, “Logistics networks have never been more complex. He writes: “A shipper needs four datasets to be integrated, cleansed, and standardized: 1) shipment data; 2) freight invoice data; 3) track & trace data; 4) order & item level data. Logistics have always been data driven.

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Intermodal Appeal Grows as Truckload Capacity Tightens

DAT Solutions

Prince believes ELDs extend the single-driver transit time for a run from Bakersfield, CA, to Boston from a pre-ELD average of 101 hours to at least 145 hours. Of course, team drivers would continue to run faster than intermodal, but teams also add to transportation costs.

Advantages of Basing Your Distribution Center in North Carolina

Kanban Logistics

North Carolina sits smack in the middle of the East Coast, midway between Miami and Boston, with access to several vital interstate highways like I-95, I-85, and I-40. Quicker transportation times result in lower freight costs. North Carolina, the Tar Heel State.

This Week in Logistics News (January 19-23, 2015)

Talking Logistics

Deflategate has consumed the airwaves, headlines, and social media conversations all week, especially here in Boston. LLamasoft and CHAINalytics Partner to Provide Integrated Access to Freight Market Intelligence. Teamsters lose another vote at FedEx Freight facility (Reuters).

The Hanjin Effect: The end of shipping as we know it

BluJay Solutions

Industry analysts expect these freight hikes to be temporal as an onslaught of new capacity comes on board. Bigger ships cost more to build, maintain, transport and handle at the ports. Industry Coverage Transportation Management (TMS

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This Week in Logistics News (September 7-11, 2015)

Talking Logistics

I was in a meeting with folks from Manugistics (now part of JDA) getting an update on the company and its transportation management system. Roadnet® Transportation Suite 3.7.2 DAT Solutions Launches Freight Market Analytics Service. Today is September 11. I never forget.

Smart Mobility Projects: Shaping the Future of Logistics

TMC

Commonly called “smart mobility” projects, the work aims to improve both the safety and efficiency of transportation, balanced with improved environmental sustainability. The state will test a new communications system in the busy I-80 freight corridor.

This Week in Logistics News (February 19-23, 2018)

Talking Logistics

Transplace Joins Blockchain in Transport Alliance. For another case study example, see The Boston Globe: A Home Delivery and Outsourcing Failure.). It seems like every week a new transportation and logistics company joins the Blockchain in Transport Alliance (BiTA).

Smart Mobility Projects: Shaping the Future of Logistics

TMC

Commonly called “smart mobility” projects, the work aims to improve both the safety and efficiency of transportation, balanced with improved environmental sustainability. The state will test a new communications system in the busy I-80 freight corridor.

Commerical Air Cancellations Quarantine Ebola Supplies

Supply Chain @ MIT

UPS collected the pallets on August 18 for Air Freight Consolidated service. By consolidating cargo from various shippers, freight forwarders reduce the cost of air shipment significantly from express services, which is important when shipping multiple pallets.

The end of just-in-time?

EFT

The reality is that legacy transportation technology and the limitation of traditional supply chain practices are no longer enough to keep pace with the market,” says Bill Driegert, Head of Operations, Uber Freight.

Top Digital Supply Chain Cities in the U.S.

Material Handling & Logistics

Content Summary: Chicago ranks number 1 among the seven metro areas in projected supply chain management and technology employment growth; in net job creation for supply chain-related industries; in freight flow; and in inventory holding.

Reefer rates hit lull between holidays

DAT Solutions

Reefer activity picked up after Thanksgiving, but not nearly as much as dry van freight. Right now, retail and e-commerce are driving trends in the transportation industry, which has lifted van rates, but prices fell on a lot of the major reefer lanes.

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. As if this wasn’t enough, transportation costs are rising and forcing companies to constantly adjust and optimize.

50 expert tips on supply chain management

6 River Systems

One is time to recover (TTR), the time it would take for a particular node in the supply chain — a supplier facility, a distribution center, or a transportation hub — to be restored to full functionality after a disruption.

Next-Gen Supply Chain Management

Talking Logistics

But, if we are to truly transform supply chain management, we do need the ability to envision, design, and blueprint a solution for operationalizing e-2-e transportation management, if not for the entire supply chain. Transportation now accounts for about 63% of total supply chain cost, so it is vital to get right. Mr. Bentz has more than four decades in supply chain consulting, transportation and logistics, and currently leads Transplace Consulting Services.

The Future Is Now for Logistics

Material Handling & Logistics

But some Class 1 railroads, CSX in particular, are cutting back on intermodal service to favor more profitable freight. Shippers said freight damages were a major challenge in 2016 but in 2017 damages declined by 10%, according to a survey conducted by Averitt Express.