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

Freightos

It took time for the situation to normalize, especially for complex products like semiconductors that require a lot of moving parts in the global supply chain. Just when it seemed that 2024 would be a very welcome year of “normal” supply chains, the Red Sea crisis proved that for global supply chains, there is no such thing.

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LTL Capacity Best Practices in Times of Tight Freight Capacity

GlobalTranz

The capacity crunch has been a core concern of shippers for several years, but as 2018 draws closer to the holiday shopping season, it will become a bigger problem. LTL capacity has routinely been used as a source of added capacity when full truckload becomes unavailable. Get Your Free Copy Here. Download White Paper.

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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. . It’s hard to predict what demand will be like for products like these ahead of time. Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old. But decisions about how many barrels to produce or how many ships to sail have to be made in advance.

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Are Ocean Freight Prices Absolutely Broken?

The Logistics & Supply Chain Management Society

It’s hard to predict what demand will be like for products like these ahead of time. Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old. 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? And it can be fixed.

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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.