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What’s the Difference Between a Freight Broker and Freight Agent?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. 10 Tips To Be A Successful Freight Broker! The Supply Chain industry provides vast employment opportunities, from procurement to warehouse inventory, management, and shipping. The terms freight broker and freight agent are often confused in the cargo and shipping sector.

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Back to Logistics Tech School, 2022: the Lost Peak Season, the lingering COVID impact and more

Freightos

The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages. Signup Now.

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Supply Chains (And Freight Rates) Crank Up Again: Freight Rate Update W1

Freightos

Supply Chains (And Freight Rates) Crank Up Again: Freight Rate Update Wk 1. As supply chains crank back into action following the vacation, the January ocean freight GRI (General Rate Increase) stuck, with China-US rates increasing by 27%. The situation is better for air freight. TRADE LANE.

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The Green Corridor: Catching the Sun Light! – How Logistics is Harnessing the Power of the Sun

The Logistics & Supply Chain Management Society

In a NASA comparison , if a large power plant generated 1 billion watts of power in a year, it would take 44 million of these power plants to equal the power that our Earth receives from the sun. He crafted delivery solutions for e-commerce clients and managed supply chains for several chemical and freight forwarding companies.

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National Logistics Day 2023

Enterra Insights

Just 14 years later, the first air cargo flight took place in 1910. The third-party logistics (3PL) industry — those that help businesses efficiently manage logistics across their supply chains (from 3PLs to truckers to warehouse managers) — represents an $800 billion industry on its own.” Logistics helps to create value.

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Using Freight Auditing and Payment to Improve Working Capital & Cash Flow

Intelligent Audit

For several reasons, working capital management and freight auditing remain vital for achieving growth and success in the modern supply chain. Margins are tight for shippers, especially in light of the current economic recovery and ongoing disruptions within many areas of the supply chain network.

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E-Commerce Disrupts Freight Seasons, Boosts Spot Market Volume

DAT Solutions

The rapid growth of e-commerce has led major online retailers to re-design their supply chain models, according to Mark Montague, DAT senior pricing analyst. Major e-commerce and "big box" retailers have established multi-tiered supply chain networks. ” superimposed over a photo of a supernova.

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