7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. The 7 Core Competencies for Optimal Global Transportation and Freight Spend Management.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. The 7 Core Competencies for Optimal Global Transportation and Freight Spend Management.

Brexit: China and the changing world of trade

BluJay Solutions

The development of global trade networks, supported by real-time data exchange and cloud-based software, allow potential partners worldwide to develop closer relationships than ever. For this reason, rail must exist as part of a global multimodal ecosystem.

China 101

Why Thinking “Global, Yet Local” Makes Sense in Your Air Freight Strategy

Transportfolio

Why Thinking “Global, Yet Local” Makes Sense in Your Air Freight Strategy | C.H. In 2009, the global financial crisis hit the freight community hard, and consumers reduced spending and importers tightened their belts. Capacity can be difficult to find.

Market Update: Transportation Industry News

Transportfolio

Market Update: Transportation Industry News. In the transportation industry, there are many moving parts that can impact your day-to-day operations. Carrier Capacity. The Hours of Service (HOS) change provides some relief for tight capacity.

Market Update: Transportation Industry News

Transportfolio

In the transportation industry, there are many moving parts that can impact your day-to-day operations. The environment for fleets is very positive with plenty of freight, tight capacity, dropping diesel prices, and increasing profits.”. Carrier Capacity.

Market Update: Transportation Industry News

Transportfolio

In the transportation industry, there are many moving parts that can impact your day-to-day operations. Carrier Capacity. Which transportation indicators or topics are most relevant to your interests?

What’s Happening in the Transatlantic’s Ocean Shipping Lane

Transportfolio

Certain trends in capacity, rates, and tariff activity have conspired to create an especially dynamic holiday season for ocean shipping in the Transatlantic lane. Unfortunately, removing capacity alone doesn’t have much impact on carriers’ bottom lines.

3 Air Freight Trends to Watch for in 2018

Transportfolio

In fact, those events seem likely to produce some headwinds for air freight shippers in 2018 in locating available air capacity, especially during peak seasons. Airlines routinely use their data and technology to balance available air capacity against customer demands.

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Air Freight: Learning the Basics to Optimize Your Global Supply Chain

Transportfolio

What’s probably the number one reason shippers avoid transporting their cargo by air? Air freight is often more expensive than any other mode of transportation. Expedited air requires a provider with the resources to locate capacity at the last minute to ensure your timelines are met.

The Pros and Cons of Air Charter Service

Transportfolio

In the right circumstances, air charter service can be a fast, flexible option that connects your supply chain to the capacity you need. You can also find capacity in tough situations with a charter.

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Supply Chain Trends in 2016: A Year of Defining Change

Transportfolio

It’s been a big year for the transportation industry. They continue to span beyond an organization’s transportation professionals. Year of Global Revolution. This year was a strong reminder of the power of growth and risk in the global supply chain.

5 Things to Know Before Negotiating Ocean Shipping Contracts This Year

Transportfolio

But while some say the injection of capacity is good for customers and budgets, equipment alone isn’t the answer. And as you navigate this process, our global supply chain experts are ready to help. Global Forwarding Global Transportation Ocean Carriers Ocean Shipping

Conducting Business in India? Chances Are that You Could Be by 2025

Transportfolio

Congested ports, complicated regulations, less than optimal modal capacity, undesirable taxation regimes, dilapidated roads, and overall operational inefficiencies are constant sources of anxiety within the business community. Global Transportation Logistics Supply Chain India Trade

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New Panama Canal Options: Running the Numbers with a TMS

TMC

A transportation management system (TMS) can help shippers weigh the pros and cons of each option. The waterway’s increased capacity provides more routing options for shipments into the United States. Global TMS Technology Global Transportation Panama Canal

How to Expand Your Global Shipping to Meet Growing Indian Markets

Transportfolio

Congested ports, complicated regulations, less than optimal modal capacity, undesirable taxation regimes, dilapidated roads, and overall operational inefficiencies are constant sources of anxiety within the business community. How is Global Shipping Growing in India?

Moving into 2015 with Reflections on the Top Posts from 2014

Transportfolio

You’re familiar with the fast paced environment and fluctuating circumstances in the logistics and transportation industry, so it’s no surprise that 2014 was full of change. Now, you are likely keeping close tabs on government regulations and capacity issues.

Supply Chain Solutions: What You Can Learn From the Semiconductor Industry

Transportfolio

It helps to have a reliable, global logistics provider that understands what’s at stake—a provider that works closely with the organization to meet special industrial logistics requirements. Working closely together, we help them transport tools to our joint customers.

What if Your Supply Chain was Your Competitive Advantage?

Transportfolio

The global marketplace gives customers a plethora of choices, and that means that the competition is fierce. It can seem that supply chains face obstacles from every angle, from service options to capacity issues, trade compliance to unexpected or unavoidable events.

Los Angeles and Long Beach Terminal Congestions

Transportfolio

This is the primary mode of transportation inland throughout the United States and will continue to compete for capacity with the oil and gas industry and truck-intermodal conversion moves into the interior of the United States. Global Transportation Supply Chain

Guest Post: Supply Chain Growing Pains? 4 Lessons for Your Business

Transportfolio

I recognized that we needed a global third party logistics provider (3PL) to help us add efficiency to our shipping processes. What we wanted from our 3PL was pretty simple: A large enough organization to secure us the capacity we need and offer it at a consistent price.

6 Things to Consider as You Plan Your 2016 Budget

Transportfolio

In my opinion, there will be more than one way to procure capacity, rates, and services for the 2016-2017 season. Freight Services Global Transportation Logistics Supply Chain Supply Chain ConsultingThe start of a new year means budget planning is likely back on your agenda.

What’s Your Plan if There’s a West Coast Port Strike?

Transportfolio

While this is an option, Halifax only utilizes the Canadian National Railway (CN), with limited capacity. Prince Rupert is a viable IPI gateway but is only serviced with the CN, so capacity will be tight and stack trains will be limited.

How Does the Chinese New Year Impact Rate Volatility?

Transportfolio

The overall effectiveness of GRIs mainly stem from carrier utilization and market capacity. Carrier utilization ran high in early 2015, and although volumes remained relatively strong year over year, the addition of capacity into the marketplace led to falling utilization levels.

The Panama Canal Expansion: Time Versus Cost Trade-Off

Transportfolio

These cost reductions are expected to be passed along to shippers because the industry is competitive and capacity is abundant. Global Transportation Supply Chain Panama Canal

3 Ways El Niño Could Impact Your Supply Chain and What You Can Do about It

Transportfolio

Mode of Transportation. These types of events also lead to capacity shortages. Often we see a snowball effect by mode of transportation. When truck capacity gets tight, shippers switch to less than truckload (LTL), and when that fails they move to air freight and charters.

Transpacific Air and Ocean Shipping Space Is Already Tight

Transportfolio

If you’ve heard the term “perfect storm” applied more to transportation lately than you have since the book by Sebastian Junger came out in 1997, you’re not alone. This has reduced capacity dramatically in the Transpacific. To sum it up, high load factors and reduced air freight capacity are driving air rates up. million TEUs were to be injected into the global marketplace. To this end, 7% of the capacity has been pulled from U.S.

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3 Major Japanese Container Shipping Lines to Consolidate by July 2017

Transportfolio

The consolidation will increase the Japanese carriers’ global capacity—ranking number six in the world and only preceded by Maersk, Mediterranean Shipping Company, CMA+APL, COSCO+China Shipping Container Lines, and Hapag-Lloyd+United Arab Shipping Company.

4 Keys for Successful Transportation Budgeting

Transportfolio

A common theme this year has been trying to explain to business leaders exactly why transportation budgets are woefully under estimated. 4 steps to simplify your transportation budget. Understand transportation freight rates. What’s Led to Tight Freight Capacity in 2018?

Market Update: Transportation Industry News

Transportfolio

This month’s Market Update highlights some of the key factors that impact the transportation industry in North America, including the most recent Shippers Conditions Index (SCI) reading, which shows signs of improvement in overall market conditions.

Global Shipping Trends: What to expect in 2017

Transportfolio

Global Shipping Trends: What to expect in 2017. The global transportation industry was dealt a year full of surprises in 2016, and with that came challenges. Over Capacity and Vessel Scrapping. Global Forwarding Global Transportation Global Shipping Ocean Carriers

Outlook on U.S. Exports: Forecasting the “Perfect Storm” or Something Else?

Transportfolio

As carriers grapple with capacity adjustments, exporters can benefit from the surplus space available on export ships to Asia and Europe. Carrier alliance adjustments and ocean carrier consolidation seek to optimize routing options and right-size available capacity. Outlook on U.S.

FMCSA Expands Program: Mexico Trucks in the United States

Transportfolio

Overall, don’t count on a great deal of additional direct capacity into the United States from Mexico. Carriers Global Transportation Mexico North American Border Crossing Over the Road Border Crossing Government Regulations Transportation Industry Trucking Industry

Global TMS: An Always-Evolving Roadmap

Talking Logistics

This complexity is certainly evident in global logistics and ocean shipping, where shippers encounter many barriers to enabling a streamlined process, including: Inefficient Processes : A lot of shippers resort to manual processes to procure capacity and communicate shipment details with the many parties involved in ocean movements. A Global TMS must have the functionality to help shippers improve productivity and reduce the bottom line.

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Last Mile Programs Deliver for Seasonal Surges

Talking Logistics

Do you know which commodities can be coupled and transported together? Do you have dedicated surge capacity programs and teams? As Vice President of Transportation for Robinson Fresh , Mark Petersen oversees all surface transportation regions for Robinson Fresh.

This Week in Logistics News (December 3-7, 2018)

Talking Logistics

While you think about it (the answer is posted below), here’s the supply chain and logistics news that caught my attention this week: project44 Acquires GateHouse Logistics, Creating World’s Most Comprehensive Global Transportation Visibility Platform.

Top Blog Posts of 2018

Logistics Trends and Insights

As Toby notes in the article, “Whether you are an ordinary individual seller of small items on eBay or a large-scale exporter, you are dependent on the global transportation network that include airplanes, merchant ships, trucks and delivery vans.