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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. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.

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4 Challenges in Global Transportation Management

3rdwave

There are 4 fundamental areas where global transportation is challenged. Three of these challenges are variants on traditional transportation challenges and the last is relatively new but growing in importance. Transportation Cost Management. It is an important part of an effective and efficient global supply chain.

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Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

In a prior published commentary, we provided highlights of March and Q1-2022 global production indices along with their implications. We now add highlights of March and Q1-2022 key global transportation and logistics indices. Trucking disruptions in these areas threaten the flow of inbound and outbound inventory. .

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FedEx Hikes Rates On Top of Cost and Capacity Cutbacks

Supply Chain Matters

The announced rate hike was justified by executives by a need to boost revenues amid an estimated 11 percent decline in daily package volumes and acknowledgement that the company now has more capacity than current transport demand. The dynamics of the market are such that something has to give. Bob Ferrari. All rights reserved.

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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. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.

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Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

As we noted in our specific 2023 prediction focused on the global transportation industry sector , entering 2023, industry perspectives were on the ability to be able to maintain higher rates by basis of multi-year signed contracts executed at the height of shipping rates. percent decline in global trade.

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Are Global Supply Chains Recovering- One Perspective

Supply Chain Matters

Supply chain logistics B2B platform provider project44 produces a series termed Supply Chain Insights by project44 which extracts select data from the provider’s tracking of global transportation and logistics flows. A July edition provided two reports that responded to the question- Are Global Supply Chains Recovering ?