6 River Systems

OCTOBER 12, 2020

Rising costs mean that companies must continue to innovate and implement strategies that can help reduce logistics costs and boost the bottom line. billion, while transportation costs increased by 10.4% trillion and motor carrier costs rose 10.1% billion, while transportation costs increased by 10.4%

Cost Reduction Strategies 98

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Stord

APRIL 26, 2022

After 2+ years of out-of-stock messages, low inventory levels, and sky-high costs, brands are exploring a wide range of strategies to resolve these issues and strengthen their inventory throughput in 2022 and beyond. Unfortunately, not all supply chain strategies are created equal. Which of These Strategies is the Most Feasible?

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Strategies Expense Reduction 78

GlobalTranz

SEPTEMBER 15, 2017

Editor's Note: Today's blog is from Cindy Banker with ProCorr Display and Packaging who is bringing us some great insight on how to reduce product damage. Packaging and product damage during shipping is extremely common. Packaging Selection Helps Reduce Product Damage. Trucking Logistics. Environmental Impacts.

Material Savings 201

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Logistics Viewpoints

MARCH 3, 2023

A central part of Amazon’s ultrafast delivery strategy is its network of warehouses that the company calls same-day sites. The result is a reduction in pre-assembly from 30 to 10 days, in delivery times by up to 10 weeks, and overall production costs by 20 to 25 percent. And now on to this week’s logistics news.

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Supply Chain Game Changer

APRIL 29, 2020

Do You Have Hidden Freight Costs? Ocean freight article and permission to publish here provided by Katherine Barrios at xeneta.com. Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins.

Negotiating Skills 69

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Intelligent Audit

DECEMBER 13, 2022

With old solutions quickly becoming obsolete, big-time transportation industry players like FedEx, USPS, and Amazon are eyeing new strategies to stay competitive in a difficult time for global logistics. Facing Falling Volumes, FedEx Freight Furloughs Drivers. FedEx Freight, the largest LTL carrier currently operating in the U.S.,

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Logistics Viewpoints

MAY 26, 2023

The trouble today is finding authentic pairs which also do not cost an arm and a leg. Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. This resulted in meaningful cost savings for our last mile delivery program overall,” he added.

Negotiating Skills 205

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Freightos

JANUARY 12, 2017

International Air Freight Shipping: Definition. Air cargo is used by global importers and exporters when they need to get goods somewhere rapidly and reliably. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo.

Purchasing Skills 120

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Intelligent Audit

APRIL 22, 2022

In years past, sustainable logistics companies have been outliers among the broader freight transportation industry. Paper and packaging industry considerations have gained popularity over the past few years, and businesses are seeing eco-friendly requests coming from consumers of all ages. .

Waste Reduction 52

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Logistics Viewpoints

FEBRUARY 9, 2024

That’s exactly what Amazon is doing as it with its “Ships in Product Packaging” (SIPP) program, which, as the name suggests, allows products to ship in their original box or bag without any added Amazon packaging. At this time, the company does not provide customers with any information about who is delivering their packages.

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Logistics Viewpoints

OCTOBER 21, 2022

McCormick plans to eliminate $100M in costs and inefficiencies. Warehouse rents near cargo airports skyrocket. Together [with IKEA] we can enhance safety, improve working conditions for drivers, and create a more sustainable freight transportation system.”. Amazon workers reject union vote in NY.

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Logistics Viewpoints

DECEMBER 2, 2022

Amazon is shuttering some India businesses amid global cuts. Earlier this week, Amazon Web Services (AWS), the cloud computing arm of Amazon, launched a supply chain management application it said will eliminate the need for businesses to use multiple systems and vendors to access critical network data. s Flipkart.

Logistics Network Optimization Software 191

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The Logistics & Supply Chain Management Society

AUGUST 14, 2023

While GSAs can provide benefits such as cost savings and increased efficiency, they also introduce new risks and challenges for shippers. GSAs should allow shipping companies to offer more frequent and reliable services to their customers, while also reducing costs and improving efficiency in a highly competitive industry.

Risk Management 130

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Logistics Viewpoints

OCTOBER 27, 2023

To improve their margins, retailers are putting pressure on suppliers to pare back costs. Over the past two years, product suppliers have been jacking up prices to deal with inflation — essentially passing the cost to consumers. While inflation is still persisting, the cost of commodities has significantly improved.

South Korea 221

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The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

From its peak, 97% flight capacity was reduced from Singapore Airlines. Typically, 45% to 50% of cargo is carried in belly holds of aircraft. With such dramatic reductions in flights, Singapore’s status of a logistics hub was put severely at risk. However Singapore has managed to preserve it position as a global trade hub.

Singapore 246

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Zipline Logistics

JANUARY 3, 2023

What a whirlwind the 2022 Freight Market was – we saw inflation, fuel prices, and freight rates hit record highs. According to Forbes , many inflated costs finally began declining in November 2022 like the price of energy, medical costs, airfares, and used cars. Freight Market . Economic Factors . Inflation .

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Zipline Logistics

JANUARY 17, 2023

When you think of sustainability, you might think of CPG brands practicing ethical sourcing or using recyclable packaging. Elon Musk revealed that one of Tesla’s battery powered class 8 semi-trucks completed a 500-mile trip fully loaded with 81,000 pounds of cargo – all off a single charge. . Electric Vehicles .

Resource Reduction 78

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GlobalTranz

APRIL 17, 2018

These giants have deep pockets, capable of offering low-cost, if not free, parcel shipping. Rather than giving up, shippers need to consider what Amazon and the big box giants have done right and apply these concepts as part of a robust parcel shipping strategy. If shippers charge to ship parcel, customers will simply go to Amazon.

Material Savings 151

Material Savings Shipping Cost Reduction Strategies Negotiating Skills 151

SCMDOJO

APRIL 15, 2024

Ever wonder how Amazon gets your package to your door so quickly? We’ll explore their logistics empire, from warehouse robots to futuristic visions, and discover how they manage millions of packages daily. Amazon’s Mission Its unwavering commitment to customer satisfaction is at the heart of Amazon’s logistics strategy.

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Logistics Viewpoints

MARCH 18, 2022

The 3D-printing construction method offers versatility, range, speed and lower costs than traditional construction, according to the company. Amazon joins consortium to create upcycling strategies. Russian forces are cutting off shipping routes, logistics firms are suspending services, and air freight rates are skyrocketing.

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Intelligent Audit

MAY 19, 2022

Many expenses arise from these disruptions that impact the bottom line profits for shippers today; one of the most volatile and impactful is freight bill financing. Managing freight costs and freight payments , whether per mile, per load, or truckload is vital to overcoming the obstacles and disruptions currently plaguing the industry.

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Intelligent Audit

JANUARY 26, 2021

Freight managers have a lot to track and keep up with when it comes to logistical planning for shipments within the supply chain. Of all these, freight fee considerations are among the important but most overlooked. All shippers provide clients with two important documents: the bill of lading and the freight bill. “All

Freight 59

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The Logistics of Logistics

OCTOBER 3, 2020

provides transportation management system software to help make freight brokers more profitable – both by helping them bring in more revenue and helping them to operate more efficiently. BrokerWare is a transportation management system (TMS) for Non-Asset Based Freight Brokers. Transportation Service #1 – Small Package.

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Cathy Roberson

FEBRUARY 2, 2024

(Photo 58159433 | Packages © Daniel Kaesler | Dreamstime.com ) The success of UPS’ ‘Better and Bolder’ strategy is in doubt as the company faces lower volumes and higher costs. small package market, excluding Amazon, is expected to grow by less than 1%. of total volumes, up slightly from 35.3%

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GlobalTranz

MARCH 29, 2017

When you’re looking for ways to benefit your company’s supply chain, you probably look for ways to reduce time or costs in various departments. But what about the way you package those products? Package optimization of your products for supply chain management can actually save your companies both time and money.

Supply Chain Optimization 120

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Logistics Viewpoints

SEPTEMBER 12, 2022

From a transportation standpoint, the network effect relies on communication between applications to make freight moves more efficient. Sustainability is a byproduct of the network effect, as load consolidation and route optimization mean less trucks on the road to deliver the same freight, which is important for reducing carbon emissions.

Trends 245

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Resilinc

NOVEMBER 2, 2021

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

Retail 62

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Intelligent Audit

JULY 14, 2022

Cargo vessels, planes, and semi-trucks portray freight transportation as they cross great distances to get loads to their final destination. However, without the correct paperwork, freight can’t leave the ground. It would follow that an increase in packages and parcels will increase freight damage. dollars in 2021.

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Supply Chain Game Changer

FEBRUARY 2, 2022

5 Ways to Reduce Fleet Management Costs! Fleet management technology involves using technological tools to monitor and control fleets in charge of cargo transportation. The mandate seeks to replace paper logging with automated ELD technology to reduce dangerous driving instances occasioned by fatigued drivers.

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Logistics Viewpoints

JUNE 3, 2022

And this doesn’t just apply to how long can a vehicle go on a single charge; it also applies to the actual life of a battery, as a new battery can cost upwards of $25,000. Cargo losses escalate as thieves target cars, electronics. With the reduction in cargo coming out of Shanghai, some carriers aren’t able to fully load a vessel.

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Supply Chain Game Changer

SEPTEMBER 20, 2022

transportation networks alone, according to the Bureau of Transportation Statistics, shippers are reevaluating their shipping strategies in dealing with large-scale shipping to take better advantage of a thriving global logistics marketplace. One fast, easy way to save big on fuel is to implement smart consolidation strategies.

Shipping 93

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Logistics Bureau

NOVEMBER 22, 2021

Shipping air inside expensive freight containers has never been a cost-effective approach to transportation. Today though, in the wake of the COVID-19 pandemic, it’s even more critical to try and improve capacity utilisation , given the skyrocketing costs of container freight shipping. Products and Packaging.

Freight 82

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Logistics Viewpoints

NOVEMBER 12, 2021

Freight rates to stay high into 2022. When FedEx, UPS, US Postal Service packages should be shipped for upcoming holiday season. However, Walmart announced earlier this week that it has started using fully driverless trucks in its online grocery business, aiming to increase capacity and reduce inefficiencies.

Price Reduction 224

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DELMIA Quintiq

OCTOBER 13, 2015

TPPA will eliminate over 11,000 tariffs, and remove or substantially lower barriers to trading of goods, services, and investment. A number of express packages, the medium most frequently associated with online purchases, is expected to skyrocket. It all depends on the price differences, delivery time, and cost of shipping.

Price Reduction 120

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Cathy Roberson

JANUARY 2, 2023

E-commerce sales are higher than in the pre-pandemic period, as are shipping costs. But, retailers are mitigating these costs in several ways, resulting in volume declines for FedEx and UPS. domestic package business," FedEx CEO Raj Subramaniam told analysts during the company's earnings call in December.

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Logistics Viewpoints

MARCH 24, 2021

The end goal is to reduce or eliminate its reliance on UPS, FedEx, and the USPS to make deliveries, thus becoming more profitable while controlling the customer experience. While Amazon has rolled out its own digital freight matching marketplace named Amazon Freight, the company is always looking at new opportunities in this area.

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Kanban Logistics

FEBRUARY 23, 2024

This shift is driven by increasing awareness of environmental impacts, customer demand for green products and services, and the potential for operational efficiencies and cost savings linked to more sustainable freight shipping. Enhanced Efficiency and Reduced Waste. Consistent Quality and Reduced Errors.

Sustainability 52

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