Ocean Freight Procurement and Going with the Stream

Freightos

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. Searching for Ocean Freight’s Spotify.

Chainalytics and Drewry partner to create Ocean Buying Group for small and medium sized shippers

CHAINalytics

Atlanta, GA, 02 March 2018 – Chainalytics, a global leader in supply chain consulting, and Drewry, the global shipping consultancy, have partnered to launch an innovative ocean freight procurement solution for shippers.

Airfreight Forwarders and Carriers Prepare for Holiday Season

Logistics Trends and Insights

Robinson, air freight pricing has increased between China and the U.S. Panalpina, DHL Global Forwarding and Flexport are among forwarders that have added additional air freight capacity this year. In its latest report, IATA notes that available freight ton kilometers (AFTKs) grew by 3.8%

How to Plan for Common Disruptors in Ocean Freight

Talking Logistics

Peak season for ocean freight shipping is underway. This blog examines the “red” times, like the roughly three-month period we have just entered that is historically one of the regular disruptors in the ocean freight market. Robinson offices, procurement teams, and customers.

Multimodal 2015 – Advanced Supply Chain Management and Logistics for Cargo Owners

Supply Chain Movement

Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. It is this ability to present the entire freight transport and logistics supply chain under one roof that makes Multimodal the go-to event for shippers, importers, exporters, manufacturers, wholesalers, retailers – all seeking ways to run a slicker supply chain. Multimodal 2015. Date: 28 – 30 April 2014. Venue: NEC Birmingham. Organiser: Clarion Events.

Pricing Power in a Cargo Bazaar: Does Revenue Management Add Value?

Supply Chain Nation

Logistics Service Providers (LSPs) were the center of the cargo transportation universe and the shippers were fully reliant on them for all their logistics needs. A true cargo pricing bazaar was the result. Those were the good old days.

Cargo 71

The Data Behind Amazon’s Logistics and Fulfillment Play

Freightos

Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). There’s been less progress though with ocean freight, since Amazon registered as a freight forwarder several years ago. And As For Global Freight….

Data 223

How Blockchain Could Create the 'Autonomous Container'

Supply Chain Brain

The technology features chips that monitor temperature and humidity within a 500-meter range of an air-freight container. Smart Containers is preparing an initial coin offering (ICO) to support its use of blockchain for air-freight container monitoring. The data could be made available to shippers, airlines, freight forwarders and customs brokers, all sharing an accurate and immutable ledger of activity.

Insights for Procuring a TMS in a Large Company

TMC

Insights for Procuring a TMS in a Large Company. Having a centralized corporate procurement function already in place is valuable. Having a team that understands the unique demands of freight management enables them to make more informed TMS buying decisions.

Experts Choice Of Top Online Logistics Resources

Freightos

Air Cargo World. This American based niche news site specialises in air cargo. So much so that it is split into seven topics – aircrafts, airports, capacity and demand, carriers, freight trends, traffic and viewpoints. Ocean freight is split into 14! Freight Dawg.

Insights for Procuring a TMS in a Large Company

TMC

Having a centralized corporate procurement function already in place is valuable. But, to be most effective, the team must have transportation expertise and its buying practices should be aligned with the company’s culture as well as the demands of its freight network.

The Pros and Cons of Air Charter Service

CH Robinson Transportfolio

However, that may not be the case when shipping your cargo. When it comes to quickly getting what you want, when you want it, there is no service better than air charter for your cargo. Although not well known, it is possible to procure a partial air charter.

Cargo 76

5 Podcasts for Supply Chain and Logistics Professionals

Cerasis

Each episode features a different special guest, who brings his/her unique opinions regarding topics such as logistics, supply chain, cargo, freight, transportation, and education. Editor's Bonus Pick: Talking Freight by Cerasis.

The Legal Implications of Transport Visibility is NOT Good News for Truckers

NC State SCRC

The biggest issue today that shippers have to worry about is freight loss claims, personal injury, and of course, liability! GPS shipment trackers can track freight over the globe, helping to avoid cargo theft, understanding where it takes place and seeking advice of areas to avoid.

Supplier Risk Management: 4 Things To Look Out for During On-Site Evaluations

Cerasis

” In the process of business procurement and especially in the supply chain, supplier risk management is a skill set that needs focus day in and day out. In addition to securing cargo, also evaluate how well your carrier’s equipment is being maintained.

Using Blockchain to Better Understand the Total Cost of Transportation

Shipchain

Were any shipments damaged or otherwise subject to cargo insurance claims? A product changes hands approximately 30 times between the procurement of raw materials and its final destination. Blockchain Provides Unmatched Traceability in Freight and Logistics.

This Week in Logistics News (October 15-19, 2018)

Talking Logistics

Intel partners with Rolls-Royce to develop autonomous cargo ships (VentureBeat). This week, Uber Freight announced a similar solution called Powerloop. How cold does it have to get inside your house before you accept reality and turn on the heat?

Top Logistics & Supply Chain Blogs We Followed in 2018 & Suggest You Follow in 2019

Shipchain

The More Than Shipping blog is a comprehensive resource for shipping trends, supply chain planning, project and specialized cargo and more. The blog reports on recent changes to policies, best practices in supply chain management, whitepapers detailing procurement through reverse logistics and much more. Freight Hub. In addition, Freight Hub publishes a stream of blogs focused on the use of blockchain to drive interest in its blockchain-based Bill of Lading solution.

Cloud Computing: Aspirin for Supply Chain Headaches

Murano Corporation

Common supply chain challenges faced by business today include order processing, fulfilment, and invoicing errors when dealing with customers and suppliers. This leads to unhappy customers and lost sales, manual and duplicate processes, and poor employee morale eventually resulting in high turnover.

Cargo 52

Top 8 Online Logistics Tools For Logistics Professionals

Cerasis

Mobile phones can offer incredible services in any business from inventory tracking and shipments to the execution of procurement transactions. Most logistics prefer integrating the use of this app to automate procurement and replenish other processes to raise the profit margins. Choose carriers based on rate, transit time, and limit of liability to ensure your cargo and your peace of mind are covered.

Tools 175

2016 Supply Chain Trends: 7 of 12 Trends that Will Drive Supply Chain Management in 2016

Cerasis

Freight/Container Loading: Augmented reality could replace the need for a physical cargo list and load instructions. 2016 Supply Chain Trend #6: Procurement’s New (read Bigger) Role in the Supply Chain.

Trends 249

5 Ways a TMS Can Help You “Go Green”

Talking Logistics

Regardless of whether your freight is moving on your assets or someone else’s, strategic route planning can result in fewer miles driven and less emissions. Last Saturday, we celebrated Earth Day, making this an excellent time for each of us to examine our own commitment to the environment.

This Week in Logistics News (August 1-5, 2016)

Talking Logistics

As reported by The Seattle Times , “Amazon will fly its latest Boeing 767 widebody jet freighter, publicly revealing the new ‘Prime Air’ branded livery of its fast-growing fleet of used cargo planes” at today’s Seafair aerial display over Lake Washington near Seattle.

This Week in Logistics News (May 7-11, 2018)

Talking Logistics

Freight Operators Dismiss Threat of Digital Startups (WSJ – sub. Robinson launching a trans-Eurasian rail freight service between China and Europe. Full block train, single or multiple containers, LCL shipments and oversized cargo are available options.

How Green Shipping Can Enhance Your Business’s Sustainability Quotient

Freightera

First and foremost, sustainable shipping is the key to securing procurement contracts at some of the world’s largest retailers. Ensure you have maximized on your freight space and weight to reduce the overall cost and emission rate. Green FreightBy Kevin Hill.

[INFOGRAPHIC] Interesting Facts & Financial Breakdown of the Global Logistics Market

Cerasis

It is also defined as the procurement, maintenance, distribution, and replacement of personnel and material. Examples of this fundamental progress include the invention of the sea cargo container and the creation of novel service systems during the 20th century. For example, a manufacturing partner might be able to buy materials at a bulk rate or a 3PL provider could access reliable truckload freight contractors you cannot.

Global 263

Transpacific Air and Ocean Shipping Space Is Already Tight

CH Robinson Transportfolio

Unfortunately, it’s the best way to describe what is happening right now in the air and ocean freight markets. Usually, this is roughly how a typical busy season goes: Air freight. Ocean freight. Ocean volumes gathered momentum starting the last week in June, and air freight volumes started increasing in mid-July. What it looks like now in Transpacific air freight. Since July, air freight pricing has increased between China and the United States.

Cargo 34

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Global 280

Improve Supply Chain Spend Management through Advanced Fleet Tracking

Jaggaer

Moving freight is becoming more profitable than ever. Advanced fleet tracking isn’t just about monitoring the location and ETA of precious cargo. Tracking software not only reduces downtime but also assists fleet managers in staying on top of schedules from procurement to delivery—all processes involved in supply chain management. With automation support, managers can oversee operations more effectively even when there’s a high volume of cargo to move around.

Cargo 40

Brokers "Mind the Gap" Between Spot and Contract Rates

DAT Solutions

Rates stayed low for truckload freight in Q1, and seasonal cargo is not giving rates much of a lift. That gap represents opportunity for freight brokers and 3PLs, who can procure capacity on the spot market and price it competitively. Freight Rates

3PL 99

Hanjin Shipping Bankruptcy

3PL Insights

The company represents almost 8% of trans-Pacific trade shipments for the United States market, and now they have stopped accepting new cargo. If your cargo is stuck due to the Hanjin Shipping Bankruptcy, send us an email or give us a call, and we will help you get it moving again.

Omnichannel is another Word for Complexity

Enterra Insights

” Burnson goes to note that e-commerce is having an impact on air freight hubs, maritime cargo, middlemen, and intermodal operations. Re-orienting the company to embrace omnichannel retailing requires integration with IT, sales and marketing, and procurement as well as transportation.”[7] Omnichannel retail operations are well on their way to becoming the norm.

How to Become a Supply Chain Jedi

BluJay Solutions

If companies are not careful they can succumb to the dark force of not being prepared to manage each step of the way – from procurement to manufacturing to distribution. The integration capabilities they require, including yard management, cargo, freight, storage, break bulk, etc.

How to Become a Supply Chain Jedi

BluJay Solutions

If companies are not careful they can succumb to the dark force of not being prepared to manage each step of the way – from procurement to manufacturing to distribution. The integration capabilities they require, including yard management, cargo, freight, storage, break bulk, etc.

Is It Time to Bring Your TMS Back to the Future?

BluJay Solutions

Today’s supply chains are growing increasingly complex as companies expand their geographic footprint, procuring and selling goods all around the globe. Remember the 1980s? If you lived through them, the answer is probably “how could I forget?” It was an interesting time.

Cargo 78