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Peak Shipping Season Update: What’s Driving Change in the Industry?

GlobalTranz

The long and unpredictable peak shipping season continues to challenge supply chains. A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Higher freight volumes.

Shipping 232
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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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Why Strategic Partnerships Enable OTR Freight Management

GlobalTranz

OTR freight represents a long-standing aspect of supply chain operations and transportation management. Th is blog post covers the critical ways strategic partnerships can help supply chain managers achieve optimal OTR management for their freight. Carrier Vetting for OTR Freight . Remote Tendering and Shipment Execution .

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Are Ocean Freight Prices Absolutely Broken?

Freightos

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. Is ocean freight pricing broken? As ocean carriers were just signing checks to build massive ships, the global financial crises hit and shipment volumes sunk like a Led Zeppelin.

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

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Are Ocean Freight Prices Absolutely Broken?

The Logistics & Supply Chain Management Society

But decisions about how many barrels to produce or how many ships to sail have to be made in advance. Is ocean freight pricing broken? The more likely explanation is that a combination of prudent capacity management and poor demand visibility led to these prices and the resulting profits. Was it profiteering? Enter COVID-19.

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LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

GlobalTranz

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. As a result, carriers will have less capacity and availability to handle unexpected surges in demand. DOWNLOAD THE FREE RESOURCE HERE.