Remove Cargo Remove Freight Remove Inventory Remove Metrics

Importer/Exporters vs Freight Forwarders/3PL – Levelling the Playing Field

3rdwave

Too often – make that almost always – importers and exporters (BCOs – Benefiticcial Cargo Owners) are dependent on their NVOCC, Freight Forwarder or 3PL (3PL) to provide them with visibility into their global supply chains.

3PL 52

The Story Continues…. Let’s Don’t Sugar Coat the Real Issue

Supply Chain Shaman

The people on the ground–my contacts in the 3PL, freight forwarding and transportation industry–know that the labor strife is only a part of the larger story. I don’t think that the ports are up to the challenge of moving the high-levels of freight with larger ships without rethinking unloading space, equipment and flows. Today, this is not a valid assumption, and most manufacturers lack the inventory buffers for inconsistent flows.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Letter from the CEO: Coronavirus Market Update

Transplace

Spot market rates are increasing for freight going from Mexico to the California, Washington, and Oregon areas. Cargo flows and ship calls are rebounding in China. The reopening of factories in China would see a gradual return of demand, but Alphaliner noted in a recent newsletter that cargo volume recovery was expected to take a few weeks, and until normal volume is reached, carriers would continue to selectively implement blank sailings, likely until the end of March.

4 Long Term Ways to Save with Less Than Truckload Freight Shipping

Cerasis

So, your organization has decided to explore the benefits and perks of less than truckload freight shipping. The dedicated TMS can further eliminate the frustrations that occur with typical full-truckload (FT) shipments and small package freight by combining all KPIs and available options into a single, comprehensive tool. Overall Costs of Less Than Truckload Freight Shipping. Few shipping processes can be more complicated than managing Less than truckload freight shipping.

Top Logistics Terms to Know—A Supply Chain Glossary

Zipline Logistics

Accessibility — The ability of a carrier to provide service for a freight order. Accessorial Charges — Fees added to a freight bill for additional services that the carrier might provide. Air Freight — Transportation of products via air transportation methods. Audit — In logistics, an audit refers to the process of examining, adjusting, and verifying freight bills for accuracy. Cargo — Product carried during transportation.

Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery.

7 Incredible Benefits of Cloud-Based Logistics Management

Cerasis

More findings on the cloud cargo transportation and warehouse management systems you may discover on the web. The cloud-based supply chain software can be customized to suit your industry, your transportation , freight-forwarding and warehousing specialty, import-export regulations. The ability to administer your cloud supply chain in the real time makes your order processing, warehousing, inventory management, transportation and overall pricing more scalable and thus cheaper.

What is the FMSCA’s Unified Registration System (URS) And What is the Impact on Transportation & Logistics Management?

Cerasis

Transportation managers must keep up with the ship dates of inventory, where inventory is currently located in the transportation process, what insurance information is being used and appropriated for each shipment, and many more factors. For small to medium-sized shippers, this is another metric that is going to be required to be obtained, but may simplify the overall process. Freight Logistics Transportation Transportation Management Unified Registration System

System 170

5 Crucial Software Every 3PL Company Needs To Have

Abivin

A Transportation Management System also helps in effective management of shipping units, transportation mode selection, freight bill auditing, outbound and inbound shipment scheduling, payment and processing of loss and damage claims etc. Monitoring inventory well can prevent wasted costs and time as small business owners spend 30% more operating excess inventory. Second is start-to-end tracking: the software follows inventory from the initial order to the final delivery.

3PL 61

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Top 10 Supply Chain Innovations of 2016 : robot pickers, bridge-inspecting drones, autonomous freight shuttles, and more. Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. The retail giant plans to take out 50 million metric tons (MMT) by 2030, which is equivalent to the emissions associated with the average annual electricity consumption of 40 million Chinese households.

50 expert warehouse optimization tips and techniques

6 River Systems

Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. “The overall amount of time it takes for raw materials or parts to make their way through your warehouse and onto store shelves is another key metric in determining your success as a warehouse supervisor. ” – Emma Sturgis, 10 Great Warehouse Optimization Tips for Small Businesses , Fishbowl Inventory 4.

This Week in Logistics News (March 4-8, 2019)

Talking Logistics

Providers of real-time freight visibility solutions. Here’s an excerpt from the post I wrote: “The reason real-time freight visibility is a hot topic now is that with today’s technology it’s no longer accepted as a black hole,” said Adelson. The market is now at the point where providing real-time visibility to your customers, whether you’re a shipper, freight broker, or 3PL, is now table stakes to be in this industry.”

The Logistics Linchpin with Andrew Clark

Aborn and Co.

Sell more with less stock - How inventory planning holds the key to improved profitability. There was a huge impact on the global supply chain as far as air freight goes. Air freight became super premium and prices tripped because a lot of air freight travels in the belly of passenger air crafts and people were no longer flying. Air freight capacity was restricted to those businesses that had their own dedicated cargo fleet.

Top 5 features to look for in a Transportation Management System (TMS)

Abivin

Strategic Freight Management: Arrange bids by carriers for long-standing contracts based on Risk, Capacity and Cost.Selection of Carrier: Arrange carriers for each shipment considering allocations, business shares, and costs. By incorporating TMS information with other inner sources of data, such as ERP and WMS or OMS, the businesses can attain approximately real-time visibility into products from purchase through inventory and transportation.

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Zara also works with Air France, KLM Cargo and Emirates Air in order that they can coordinate directly with the airlines to make the outbound shipments to its stores and bring back some raw materials and semi-finished materials with return legs. In order to compensate a long waiting time, Adidas uses air freight or courier service. The answer is that they use the multi-echelon inventory model to solve the problem.

A Quick Glance Into The Logistics Market - March 2016

EFT

Manufacturing & Trade Inventory: Total value of inventory on hand is estimated at $1.812 trillion in January, up 0.1% MULTIMODAL: Cass Freight Index: The February shipments index increased 8.3% billion of cargo, decreasing 1.6% billion of cargo, decreasing 3.3% Freight Rail Traffic: Originations of carloads in February 2016 totaled 979,042, a decrease of 10.1% TRUCKING: Truckload Freight: The spot market for truckload freight in February decreased 2.4%

India 44

A Quick Glance Into The Logistics Market - January 2016

EFT

Manufacturing & Trade Inventory: Total value of inventory on hand is estimated at $1.814 trillion in October, virtually unchanged from September and up 2.0% Cass Freight Index: The December shipments index decreased 4.9% billion of cargo, decreasing 1.97% from October 2015 and the lowest level since February 2011. billion of cargo, decreasing 1.13% from October 2015 and the lowest level since June 2011. AIR FREIGHT: . OCEAN FREIGHT: . .

A Quick Glance Into The Logistics Market - January 2016

EFT

Manufacturing & Trade Inventory: Total value of inventory on hand is estimated at $1.814 trillion in October, virtually unchanged from September and up 2.0% Cass Freight Index: The December shipments index decreased 4.9% billion of cargo, decreasing 1.97% from October 2015 and the lowest level since February 2011. billion of cargo, decreasing 1.13% from October 2015 and the lowest level since June 2011. AIR FREIGHT: . OCEAN FREIGHT: . .

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

AI will be able to survey an area or room and create an accurate inventory in seconds, including weights and volumes, and determine damage on items. Mobile apps can generate reports and monitor performance metrics. “Tightening capacity requires a more ‘connected’ broker…” While freight growth is forecast to slow in 2019, truckload capacity will remain tight, largely driven by a tight labor market, new regulations and other factors.

Doing Business in Belgium

QAD

In fact, 23 percent of its GDP in 2017 went to investments in fixed capital and inventories. Belgium has 41 airports, 26 of which have paved runways and six of which can handle large cargo aircraft. The seven registered air freight carriers in Belgium carried 1.4 billion metric tons of goods in 2015. Coupled with its prime location and healthy multimodal freight system, Belgium has the ability to move goods quickly around Europe and the rest of the world.

3 Technology Companies Disrupting Shipping

FLEXE

The speakers cover everything from air and ocean freight to trucking and warehousing. Basically, responsible for ocean freight carriers, ocean ships that rely on truck companies. Nerijus: Flexport is a technology-enabled freight forwarder. It’s important to mention that our company is the first freight forward to invent a platform that allows our clients to make better decisions. Flexport is a freight forwarder that allows clients to make better decisions.