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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

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2022: A Look in the Rearview Mirror–Part I

American Global Logistics

Cargo planes could not fly out of or into Russia or Ukraine. That exacerbated food shortages with Russia and Ukraine among the top five grain exporters. This metric, referred to as a “Frankenstat” due to its grand scope, has many critics. Cargo capacity exacerbated inventory shortages in the first half of 2023.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Retailers like Amazon are chartering private cargo ships, making their own containers, and leasing planes to bypass supply chain disruptions like long wait times for dock space and workers.

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3 Technology Companies Disrupting Shipping

FLEXE

I’m Nerijus Poskus — Director of Pricing and Procurement at Flexport. So today and yesterday, there was not enough capacity, cargo was rolled, prices spiked. So I wanted to tell you, why does your cargo get bumped. Why does your cargo get rolled? Until the last minute, your cargo is not confirmed.