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Transforming Freight Benchmarking

Logistics Viewpoints

Emerge has an interesting new platform to deal with the problems shippers are having procuring truck capacity. Carriers move shippers’ freight. For example, if a shipper needs to ship goods from Chicago to Detroit, the TMS will have a record that on this lane, the transportation planner should contact Carrier A first.

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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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For Many, the Annual Freight Bid Season is Not “The Most Wonderful Time of the Year”

Logistics Viewpoints

Tis the season to be jolly – unless you are overwhelmed with the many tasks traditionally associated with the annual freight Request for Proposal ( RFP ) season. However, the reality is that contracted freight is actually a promise – not a binding agreement. Flexibility to schedule rate bid events based on business needs.

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The Impact of Fast Fashion Giants On Air Cargo

Freightos

This shift, which relies on the de minimis US customs regulation that waives direct to consumer packages worth under $800 dollars, is pushing air cargo rates up, and has significant implications for capacity, and regulatory landscapes. rates soared to about $13/kg due to pandemic-driven demand and reduced capacity.

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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

Despite these efforts, to date the attacks continue, pushing most major carriers representing over 60% of global container capacity, to alter their routes. The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates.

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Freight Truck Shortages Are Changing The Face Of Logistics

The Logistics of Logistics

Freight Truck Shortages Are Changing The Face Of Logistics. Original article: Freight Truck Shortages Are Changing The Face Of Logistics. Shortages of drivers is just one of the contributors to the difficulties shippers are having in securing the truck capacity they need. However, freight procurement is changing.

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2021 Logistics Outlook: Truckload Freight Market Forecast

GlobalTranz

In the first half of the year, panic buying drove supply and demand imbalance across the supply chain and caused truckload capacity to tighten. The e-commerce surge tightened truckload, LTL , and small parcel capacity, delaying deliveries, and driving up rates. Home baking was another trend that tightened capacity.