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Make Freight Sourcing More Efficient!

Supply Chain Game Changer

Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right. Use of Freight Rate Benchmarking.

Digital Procurement Improves Supply Chain!

Supply Chain Game Changer

Digital Procurement article and permission to publish here provided by Katherine Barrios of The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy.

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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. Panalpina has procured extra flights for its charter operation while DHL Global Forwarding announced earlier this year that it would deploy a second dedicated Boeing 747-400F — ACMI-leased through Atlas Air — to connect the US, Europe and Asia. Air Cargo air freight airfreight

Ocean Freight Procurement and Going with the Stream


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. Fixing a price is almost futile in a volatile market, and ocean freight now has much more volatility (both frequency and magnitude) than most other commodities. But Does Fixed Ocean Price Procurement Need Fixing?

Letter from the CEO: Coronavirus Market Update


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.

Letter from the CEO: Market Update April 23, 2020


Volume has been down year-over-year by as much as 20%, with one of the railroads reporting it being down by as much as 26%. Most of the equipment providers are reporting an improvement in availability and they have lifted embargos on westbound traffic. Carriers have reported very low cases of COVID-19 within their driver fleet. Transpacific Eastbound ocean freight spot market remains relatively stable to both U.S. Intra-European road freight is still flowing.

Experts Choice Of Top Online Logistics Resources


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. This American based niche news site specialises in air cargo. With reporters across the world, no region is neglected.

The Data Behind Amazon’s Logistics and Fulfillment Play


Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s page on June 28th turned out to be nothing more than a franchise model for courier delivery services. According to their 2017 annual report, over a quarter of Amazon’s third-party sales (which represent half of Amazon’s sales) are cross-border.

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The Coronavirus Is Shattering Traditional Supply Chains


A March 11 analysis by trading platform claimed that nearly 75% of all companies had already reported supply-chain disruptions, with more than 80% believing that at some point they would experience impacts as a result of COVID-19 disruptions. And even if an order from an overseas supplier were to be filled, delivery issues would be compounded by the declining number of air and ocean freight options to move products into the U.S.

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. Within two years, it expects to have 40 similar used cargo jets connecting its package fulfillment centers across the U.S. And we have more than enough package supply to utilize the 40 planes we’ve procured.”.

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


Freight/Container Loading: Augmented reality could replace the need for a physical cargo list and load instructions. The display would show the driver critical information including cargo temperature (especially important when transporting medical devices or other fragile goods), gasoline efficiency (which changes based on the weight of the truck!), 2016 Supply Chain Trend #6: Procurement’s New (read Bigger) Role in the Supply Chain.

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The state of supply chains: Aerospace


Mads Ravn is the US-based head of global air freight procurement at DSV Air & Sea, with 25 years career experience at the fast-growing freight forwarder. Aerospace supply chains stalled in March when Covid-19 saw airlines ground most of the world’s passenger aircraft.

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. As reported by CCJ: Powerloop at its core is a trailer leasing program, in which trailers are rented to participating carriers at $25 per day. The system will initially be focused only on intrastate loads in Texas, but the company plans to expand beyond Texas in the coming months, says Max Pike, strategy lead at Uber Freight.

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. EIPC is responsible for procuring the SUBWAY® brand’s food, packaging, equipment, utilities and services for over 4,000 SUBWAY® stores across Europe – by negotiating price, supply and distribution terms.

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


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.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

As detailed in a 2017 report by Agility Logistics subsidiary Shipa Freight, businesses in the SME category—which comprises 95% of all the world’s companies and generates more than 50% of the gross domestic product in many countries—face considerable difficulties when trying to compete globally with their larger counterparts. No longer do the large, beneficial cargo owners have an overwhelming advantage in global supply chain operations. It’s time to start looking ahead again.

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

Talking Logistics

Freight Operators Dismiss Threat of Digital Startups (WSJ – sub. Meanwhile, as reported by Bloomberg, “a who’s who of technology and aviation companies won U.S. Robinson launching a trans-Eurasian rail freight service between China and Europe. It is for freight that requires faster transit times than ocean, at twice the speed, with substantial savings over air,” said Mike Short, president, Global Forwarding at C.H.

10 things eft’s been reading this week


Should procurement break up with Excel? Walmart launches ‘world’s largest’ blockchain-based freight-and-payment network. Lufthansa, Etihad leverage digital interface to capture more cargo reservations. To hear from CIOs and software leaders from brands including Maersk, Lufthansa Cargo and DHL, book your ticket to the Logistics CIO: Europe.

The Top Logistics and Supply Chain Journalists & Thought Leaders to Know for 2020


He has personally conducted analyses of supply chain applications, benchmarking and best practice reports, as well as working with vast supply chain networks to uncover the issues and unlock the secrets to their success. . His works remain expansive—from procurement through reverse logistics and even facilities management for the supply chain itself. . Emma Cosgrove is a reporter for Supply Chain Dive and frequently covers topics relating to specific businesses.

Letter from the CEO: Market Update March 26, 2020


Please feel free to give me, your account team, or sales representative feedback on the report and what you want to see more of or less of going forward. Spot market freight has seen an increase up to $2.13 Health questionnaires, temperature screening, and other preventative measures are resulting in some excessive delays and buildup of freight at cross-docks. LTL carriers are starting to have some backlog of undeliverable freight due to consignee closures.

This Week in Logistics News (December 14-18, 2015)

Talking Logistics

In this week’s supply chain and logistics news… Amazon in talks to lease 20 jets to launch air-cargo business (The Seattle Times). This week, as reported in The Seattle Times, Amazon is negotiating to lease 20 Boeing 767 jets for its own air-delivery service. A cargo-industry source said Amazon expects to make a decision to go beyond the trial run and pull the trigger on a larger air-cargo operation by the end of January. “I It’s warm outside.