Logistics Viewpoints

MAY 25, 2021

The global supply chain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation. That’s starting to change. More and more large U.S.

Supply Chain Planning Software 321

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GlobalTranz

NOVEMBER 17, 2021

Higher freight volumes. Stronger freight volumes are expected as pent-up demand from consumers, retailers, and manufacturers reaches an apex. Shrinking capacity from higher freight volumes results in higher rates throughout peak season and beyond. Download the Report: 2021 Peak Shipping Season Survey. Download Report.

Shipping 232

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Logistics Viewpoints

MAY 26, 2023

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. Inventories at U.S. Last month, the company released its third annual “Brand Protection Report” and said it disposed of over 6 million counterfeit goods in 2022.

Negotiating Skills 202

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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. The April report commentary took note that European and U.S.

Negotiating Skills 52

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Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

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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. The results tell a mixed story. .

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Supply Chain Game Changer

OCTOBER 29, 2020

Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Use of Freight Rate Benchmarking. GET our EBOOK HERE.

Sourcing Strategies 75

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Freightos

NOVEMBER 11, 2021

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight.

Price Reduction 177

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Intelligent Audit

MAY 26, 2022

In an industry that has become so essential and dominant, it would make sense to assume all carriers and truckers follow a shipping freight costs standard for bill payment. However, there is no all-encompassing standard; freight costs can vary significantly based on several factors. What Affects Shipping Freight Costs ?

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Supply Chain Matters

SEPTEMBER 6, 2022

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period.

Report 52

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Freightos

JANUARY 30, 2024

More Resources Home January 30, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America air cargo rates climbed 11% last week to $5.33/kg,

Negotiating Skills 274

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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.

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Supply Chain Game Changer

MAY 20, 2020

Freight market article and permission to publish here provided by Kevin Jessop at cerasis.com. Meanwhile, the global air cargo volume has dropped significantly, explains Greg Knowler, JOC Senior Editor , “up to 5,000 tons of cargo in air freight from China to the U.S. Subscribe Here! Email Address.

Freight 56

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Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

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Freightos

FEBRUARY 28, 2022

Which brings us to international freight. It’s challenging to get fixed prices for global freight. Conversely in 2021 when rates were sky high, suddenly companies that had negotiated fixed rates couldn’t get their cargo on the ship without paying an extra premium surcharge. Hedging for freight price volatility.

Negotiating Skills 177

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Enterra Insights

JUNE 28, 2023

Just 14 years later, the first air cargo flight took place in 1910. The staff at Holiday Calendar reports, “This special day was established to recognize and honor the contributions of logistics professionals. His detailed written record paved the way for future traders and merchants traveling between Europe and China.

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CH Robinson Transportfolio

JUNE 17, 2014

Before a Cargo Claim Happens, Prepare a Plan: Part 1. Want more effective and efficient resolution of cargo claims? The first thing to know is that when freight is damaged or lost in transit, the initial burden is on the claimant to file a cargo claim with the carrier. Next: What to do once a claim happens.

Cargo 56

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3rdwave

JULY 20, 2020

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. When we talk about global supply chain visibility we are referring to: .

3PL 54

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Freightos

AUGUST 29, 2023

Blog " * " indicates required fields Email * More Resources Home August 29, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Price Reduction 258

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Intelligent Audit

SEPTEMBER 28, 2022

According to FreightWaves, the FreightTech 100 2023 is “[…] a selection of the most innovative companies in the freight technology space.” UPS is not alone in announcing lofty peak-season hiring ambitions; according to recent reporting from SupplyChainDive , “ the U.S. Freight Rail and Union Members Reach Tentative Agreement.

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Logistics Viewpoints

DECEMBER 5, 2022

Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. There was no air freight possible then into Europe,” added Gerald van den Eijnden. Molex Realizes it Needs Better Visibility.

Agile and Lean Supply Chain 196

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Intelligent Audit

JULY 5, 2022

Time will tell if these efforts will be enough as daily revenue averages for FedEx Express, FedEx Freight, and FedEx Ground display negative year-over-year KPIs. . Supply Chain Dive reported that the company’s buying binge has not been exclusive to the U.S., Massive Inventory Levels Are Crashing Against Signs of an Economic Recession.

Quality 52

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Supply Chain Matters

OCTOBER 10, 2023

Amazon Invests $4 Billion in Generative AI Online retail and Cloud services infrastructure platform provider Amazon has announced a $4 billion investment in Anthropic in a reported effort to become a major player in Generative AI. Google is noted as a $400 million investor in the start-up.

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Talking Logistics

JULY 8, 2016

It was a relatively quiet week for supply chain and logistics news, with robots and weak freight demand dominating the headlines. Air cargo firms feel the pressure from plunge in freight prices (Reuters). Finally, in software-related news, the Wall Street Journal reports that Nordstrom Inc. percent from 3 percent.

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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

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Cathy Roberson

MARCH 31, 2023

Retailers and brands are wringing out as much revenue as they can from costly inventories and returned merchandise. Throughout 2022 and into the holiday season, promotions were used to offload as much as possible of the front-end inventory to make way for new seasonal inventory. Thanks for reading Rethinking supply chains!

Retail 52

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American Global Logistics

DECEMBER 7, 2022

We had a hangover from the pandemic: Which led to continued inventory shortages, closures of manufacturing plants in China, congested ports, and underemployment. Cargo planes could not fly out of or into Russia or Ukraine. This was evident with the creation of a new report from the New York Federal Reserve.

Russia 52

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CH Robinson Transportfolio

NOVEMBER 4, 2021

In a recent global survey conducted by our team, shippers reported congestion and capacity as their main pain points in today’s ocean environment. One way is diversifying freight through different modes like LCL. While expedited LCL shipping is not as fast as air, it is an alternative to consider for some of your freight.

Shipping 61

Shipping Inventory Reduction Cost Reduction Strategies Global 61

Cathy Roberson

AUGUST 1, 2022

Consumers couldn’t get enough of buying goods since the pandemic occurred in 2020, and shippers struggled to keep enough inventory on hand once pre-pandemic inventories were depleted. As a result, many retailers are sitting on excess inventory. This year, everything seems to have changed again.

Inventory Reduction 96

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Supply Chain Matters

JUNE 13, 2023

freight and logistics industry continues to mitigate recessionary conditions and that was reinforced by the April 2023 Logistics Manager Index (LMI) reaching its lowest level lowest level in six and one-half years. The May report narrative reinforced that that “the negatives seem to outweigh the positives in the logistics industry.”

Survey 52

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Freightos

AUGUST 26, 2015

So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. This is the experts’ selection – but if we had to choose just one, our go-to read is the fast-rising WSJ Daily Logistics Report. Air Cargo World.

Resource Reduction 120

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ShipBob

MARCH 28, 2024

This method is key for businesses looking to manage inventory flexibly and save on upfront costs. Timely reporting: Businesses must report the movements of in-bond goods to customs authorities at every stage, from arrival to departure or final importation. port destination.

Inventory Reduction 52

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TMC

JANUARY 5, 2017

Rising container volumes, fluctuations in demand, and the constant need for just in time inventory have increased the impact of dwell time over recent years. Here are three ways that shippers and beneficial cargo owners can mitigate the risk of excessive dwell time in any port. Proactive moves. West Coast. Navigate around the problem.

Freight 48

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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. Final Thoughts.

Sourcing Strategies 64

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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. These two ports will continue to research the feasibility of lower emissions from freight and equipment going forward. 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

20Cube Logistics

SEPTEMBER 17, 2021

20Cube specialises in digital logistics and freight forwarding through our platform called MyHub. MyHub automatically adjusts your forecast if there are any changes at any point with your inventory, production, or shipping. 20Cube has an extensive network of freight forwarding partners across the globe. Route Optimisation.

Forecasting 52

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Intelligent Audit

NOVEMBER 22, 2022

Recent inventory corrections have caused carrier volumes to stagnate, frustrating carriers and highlighting hopes for volume normaliza t ion in 2023. YoY Volume Lapses Worry Air Cargo Companies. A step away from a normal holiday peak season , air cargo volumes and rates have continued to fall. Roughly 2.5% Roughly 2.5%

Turkey 52

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