Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Tenders can take BCOs (Beneficial Cargo Owners) three to five months of preparation, but despite this, the fixed price often breaks down during peak season. Source: SGX, Freightos Baltic Index. Source: Freightos Index Linking Survey.

Optimal Sourcing 120

Optimal Sourcing Procurement Freight Price Reduction 120

Freightos

DECEMBER 4, 2015

The broader climate issue.and freight’s role. For example, only 1% of China’s 560 million city residents breathe air that is considered safe by the EU. The emissions from freighting Shawn’s TV is a miniscule percentage of this year’s 33 billion ton cube. Click the button on the right to see our sources.

Freight 120

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Freightos

FEBRUARY 16, 2020

The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. million freight containers each year. But this spike put capacity on container ships at a premium, pushing freight rates way up as well. The Trade War Impact.

Purchasing Skills 177

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The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

For example, some of our warehouses around the world produce more energy than they consume, using solar panels, wind power, LED technology and efficient equipment. To help our customers keep track and make informed decisions about their freight transportation options, we have developed “ a logistics eco-calculator” hosted on our website.

Resource Reduction 242

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Freightos

OCTOBER 31, 2022

But then global freight kicked in. . It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted. Take Conner, the manufacturer of FORT, a magnetic pillow fort. It’s suddenly about the economy.

Supply Chain Planning Software 156

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The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

We can see this most clearly with the example of airline emissions. It allows for better tracking of cargo and people in airports, enhanced security, and enhanced safety – just to name a few. He crafted delivery solutions for e-commerce clients and managed supply chains for several chemical and freight forwarding companies.

Price Reduction 130

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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.

Inventory Reduction 62

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Talking Logistics

MARCH 7, 2016

Freight tons moving on the nation’s transportation network will grow 40 percent in the next three decades while the value of the freight will almost double, increasing by 92 percent, according to the latest projections by the U.S. Take cargo airships, for example. trillion in 2015).

Freight 100

Freight Purchasing Skills Procurement Analytics Cargo 100

Zipline Logistics

SEPTEMBER 7, 2021

If you have an order that needs to get to its destination in a hurry, expedited freight options could be your best choice for delivery. Though often a result of an unexpected need, there is still a way to control costs and ensure quality performance when arranging expedited freight services. What Is Expedited Freight?

Freight 52

Freight Negotiating Skills Manufacturing Procurement Inventory Reduction 52

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all. What tools we can use to benchmark ocean freight and carriers’ service reliability?

Optimal Sourcing 130

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Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. percent drop in cargo volumes.

Negotiating Skills 52

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Logistics Viewpoints

DECEMBER 5, 2022

The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe. There was no air freight possible then into Europe,” added Gerald van den Eijnden. The planners could choose to switch cargo from a slow-moving ship to air, for example. Keys to Success.

Agile and Lean Supply Chain 196

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Intelligent Audit

FEBRUARY 3, 2022

In freight auditing, freight audit advisors work with freight shippers to ensure that all charges are accurate and to prevent wasting money. Shippers can ensure they are getting the best possible rates from their carriers by working with a freight audit consultant. What Freight Auditing Is and Why It’s Important.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

CH Robinson Transportfolio

DECEMBER 15, 2021

For example, while it may not be feasible to transport 100% of your freight via air, air freight continues to be the fastest way to replenish inventory, so prioritizing specific freight can help keep cargo moving. It’s important to consider all areas to keep your cargo moving. In fact, C.H.

Sourcing Strategies 64

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The Logistics & Supply Chain Management Society

APRIL 19, 2023

– How Logistics is Harnessing the Power of the Sun by Timothy Foote , Founder of Susymbio We all know that our sun’s power is the main energy source for life on Earth. Air conditioning, refrigerators, freezers, lift gates, cranes, compactors, bus doors, electric charging outlets, just to list some examples.

Logistics Network Optimization Software 130

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Cathy Roberson

SEPTEMBER 7, 2021

Expanding and shifting sourcing Earlier this year, a number of retailers told analysts that they had expanded their sourcing partners to diversify inventories and mitigate risks. Floor & Decor is one of the latest retailers to diversify its countries of origin by moving a large portion of sourcing out of China.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

DAT Solutions

JULY 30, 2015

Jeff Tucker 's guest column in yesterday's Wall Street Journal pointed to the pivotal role of technology, including DAT Load Boards , in freight logistics today. Jeff also highlighted the contribution of freight brokers to the efficient movement of cargo. domestic freight transportation and logistics.

Logistics Network Optimization Software 70

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Talking Logistics

JANUARY 16, 2018

Understand the 3-Legged Freight Movements at the Border. Companies carrying freight across the U.S.-Mexico For example, a U.S. At a minimum, companies will need to be familiar with these most common documents: Bill of Lading (BOL) – A bill of lading is an essential document for any freight shipment. Likewise, a U.S.

Mexico 205

Mexico Logistics Network Optimization Software Optimal Sourcing Logistics 205

Supply Chain Collaborator

AUGUST 5, 2015

More than a year ago, the Supply Chain Collaborator blog examined the trend toward crowd sourcing and wondered aloud whether an “Uber for commercial shipping” was imminent. Yet, as an op-ed in the Wall Street Journal concludes, we are still nowhere near developing a killer app for crowd sourced commercial shipping.

Sourcing Strategies 60

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Logistics Viewpoints

NOVEMBER 2, 2021

Likewise, labor can’t do its thing when there are severe equipment shortages, and rectifying those shortages requires difficult-to-source raw materials. It was recently reported that one of the world’s biggest container logistics companies, Maersk, will only handle cargo from direct shippers, cutting out freight forwarders.

Supply Chain Planning Software 184

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Cathy Roberson

FEBRUARY 2, 2024

For example, In its third-quarter earnings (period ending Oct 28), Target noted that same-day services led by Drive-Up increased 12% year-over-year. They’re a dual sourcer, and they have diverted some volume, and I suspect they’ll stay dual sourcing.” This diversification cost UPS and FedEx volumes.

Cost Reduction Strategies 70

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Resilinc

AUGUST 30, 2023

Weight limits have also been adjusted, forcing some ships to unload and transport cargo to the other side of the canal via train—increasing transportation costs. Other waterways have also been impacted by climate change The Panama Canal is just the latest example of how climate change can impact logistics in waterways.

Panama 62

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Talking Logistics

APRIL 30, 2014

A lot of companies set up operations and sourced from Mexico back in the 90s, then the focus shifted to China and other Asian countries, and now Mexico is back in the spotlight. We’ve seen, for example, instability in ocean freight, cost, and issues with [Los Angeles] ports in past years. Luckily for Mexico, the U.S.

Mexico 167

Mexico Los Angeles Supply Chain China 167

Talking Logistics

AUGUST 7, 2015

Cargo Chief Cracks the Code on Transportation Capacity. Freight Startups Attract Silicon Valley’s Attention ( WSJ – sub. Finally, the list of startups looking to disrupt the freight brokerage and freight forwarding markets continues to grow. XPO Logistics Announces Second Quarter 2015 Results.

Logistics Network Optimization Software 100

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The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

came from trucks carrying cargo. At the same time the largest container shipping liner, Maersk Line, has ordered eight large ships powered by carbon neutral methanol carrying approximately 16 000 containers each, and made a call for “pit stops” for appropriate infrastructure to source green methanol. Most of this, 45.1

Supply Chain Design Software 240

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GlobalTranz

AUGUST 15, 2018

For example, DHL analyzes 58 different parameters of internal data to create a machine learning model for air freight. Rather than subjective guesswork, this method allows freight forwarders to predict if the average daily transit time is expected to rise or fall up to a week in advance. GET YOUR FREE WHITE PAPER.

Logistics Network Optimization Software 135

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Intelligent Audit

JUNE 30, 2022

A demand surge in the US-led to shortages in cargo space, shipping containers, and other equipment, leading to skyrocketing ocean freight prices.” Retail supply chain management and continued growth and recovery depend on freight analytics and applying data to the modern supply chain network. . billion tons.

Optimal Sourcing 52

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The Logistics & Supply Chain Management Society

AUGUST 14, 2023

History of Alliances in Container Shipping Source: Port Economics, Management and Policy What are Global Shipping Alliances (GSAs) in the shipping industry? For example, a shipping line may offer a weekly sailing frequency, meaning that a vessel departs from a certain port every week. ATBBS (average time between blank sailings).

Risk Management 130

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Stord

APRIL 7, 2019

Rail freight volumes continued to fall at the end of March alongside service outages due to flooding in the Midwest. For example, Kansas City Southern has accepted trains from other lines that it usually wouldn’t have to accommodate. Delta reported a dip in air cargo freight last month compared to March of 2018.

Warehousing 60

Warehousing Kansas City Los Angeles New York City 60

MIT Supply Chain

MAY 12, 2022

The operators contract with the port authority to move cargo through their terminals. The port example is analogous to airlines contracting with airport authorities to run their operations. For example, there are platforms, like Flexe , that provide warehouse space for companies without a long-term commitment.

Supply Chain Design Software 98

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The Logistics & Supply Chain Management Society

JULY 16, 2023

An example of an advanced halal ecosystem is Modern Halal Valley in Banten, Indonesia. This trend is also better known as the evolution of halal or when applied to an organisation: the corporate halal maturity. Hence, there is a need for halal ecosystems to simplify halal for brand owners.

Risk Management 130

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Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . In a November survey , 87% of merchants shared that they already were affected by increased freight costs.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

Cathy Roberson

MAY 31, 2022

Collaborating with its crowd-sourced last-mile delivery subsidiary, Shipt, orders are sorted "hyper-locally down to the neighborhood level, providing a fast, efficient, reliable and low-cost delivery option," Mulligan said. Costco, for example, acquired Innovel Solutions in 2020. I wear a number of hats these days.

Puerto Rico 52

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Multichannel Merchant

JANUARY 3, 2023

Amazon, facing a continued slowdown in its ecommerce business and under pressure to boost flagging sales, is looking to sell excess capacity on its commercial cargo jetliners used to move goods among its network of warehouses here and in Europe, Bloomberg reports. billion, which is $48.6 billion more than in 2019.

Cargo 52

Cargo Texas Sacramento Arizona 52

Talking Logistics

JANUARY 8, 2016

Transervice Announces Launch of Tech-Based Freight Management Company. This live and predictive analytics platform filters through news sources (including Lloyd’s Maritime, CNN, and more), blogs, social media (ex. Twitter), and natural disaster alerting sources to find and disseminate content relevant to global supply chains.

Logistics Network Optimization Software 100

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Freightos

JULY 26, 2018

These examples are from retail, but I sense that the same customer empowerment phenomenon is happening broadly across everything we do at Amazon and most other industries as well. Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). Source: Amazon.com.

Logistics Network Optimization Software 132

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 132

ThroughPut

FEBRUARY 1, 2023

u can’t just turn around a giant cargo ship. Take the Netherlands, for example. Once the cargo has shipped, there is no “backsies.” Everything from custom duties to cargo inspections can create bottleneck operations within the global supply chain strategies. And when shipping to volatile countries, it becomes even harder.

Material Savings 52

Material Savings Price Reduction Expense Reduction Sourcing Strategies 52