The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

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.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

Freightos

DECEMBER 2, 2021

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. Starting in July 2020, the impact of this trend became obvious when ocean freight prices shot up, and have continued rising. What’s changed in a year?

Price Reduction 177

Price Reduction Cost Reduction Strategies Freight Supply Chain Disruption 177

Freightos

SEPTEMBER 14, 2022

The low rates that triggered Hanjin’s bankruptcy in 2017 quickly became a thing of the past, as surging demand, congestion, and a litany of global shipping catastrophes pushed ocean freight rates into the stratosphere. While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages.

Logistics 156

Logistics Cargo Comparison Freight 156

Freightos

OCTOBER 25, 2023

More Resources Home October 25, 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. Judah Levine October 25, 2023 Unbox your Freight knowledge.

Asia 177

Asia Europe Price Reduction Freight 177

Logistics Viewpoints

FEBRUARY 9, 2024

That’s exactly what Amazon is doing as it with its “Ships in Product Packaging” (SIPP) program, which, as the name suggests, allows products to ship in their original box or bag without any added Amazon packaging. truck freight market ended 2023 with further declines in both shipment volume and spending, according to the latest U.S.

Logistics Network Optimization Software 214

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Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue. America East Coast peak of $22k/FEU.

Shipping 303

Shipping Negotiating Skills Asia Yemen 303

Freightos

JANUARY 12, 2017

International Air Freight Shipping: Definition. Air cargo is used by global importers and exporters when they need to get goods somewhere rapidly and reliably. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo.

Purchasing Skills 120

Purchasing Skills Pricing Training Price Reduction Freight 120

Freightos

JANUARY 16, 2018

Prices Set To Ramp Up For Chinese New Year: Freight Rate Update Wk 2. By John Edmonds, Research & Marketing, Freightos. Weekly update article on the Freightos International Freight Index exploring rate trends and their driving forces. Air Freight Pricing. Ocean Freight Pricing. TRADE LANE. WOW CHANGE.

Freight 191

Freight South America Europe China 191

Freightos

APRIL 9, 2024

More Resources Home April 9, 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 weekly prices fell 7% to $1.87/kg. America and N.

Baltimore 277

Baltimore Asia Panama Europe 277

Logistics Viewpoints

MAY 26, 2023

Cargo ships lost 661 containers at sea in 2022, down from the 15-year average of 1,566 lost per year, according to the latest figures from the World Shipping Council (WSC). Some major ocean carriers have also announced new fees for goods shipped on the route as of June 1 in response to the canal restrictions.

Negotiating Skills 202

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Logistics Viewpoints

FEBRUARY 17, 2023

The American and Canadian militaries believe that the balloon was for surveillance, while the Chinese government said it was a civilian meteorological research airship that had blown off course. However, the flight path and structural characteristics made it dissimilar from those which have typically been used for meteorological research.

Logistics Network Optimization Software 202

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The Logistics of Logistics

JANUARY 1, 2015

I often hear from novice shippers: “How can I find a great freight forwarder?”. The truth is that finding a great freight forwarder is actually rather easy. Here are nine items to look for when searching for the best freight forwarder for your company: Research, Research, Research. Modes of Transportation.

Freight 100

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The Logistics of Logistics

JANUARY 1, 2015

I often hear from novice shippers: “How can I find a great freight forwarder?”. The truth is that finding a great freight forwarder is actually rather easy. Here are nine items to look for when searching for the best freight forwarder for your company: Research, Research, Research. Modes of Transportation.

Freight 100

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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 firm’s Maersk Line container shipping business unit reported net profit of $2.3

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Logistics Viewpoints

MAY 20, 2022

Autonomous cargo ship completes 500-mile voyage. Kroger’s foundation is funding food waste research. The Suzaka, a 750 gross-ton vessel, was powered by Orca AI, whose software helped the ship avoid hundreds of collisions autonomously. Uber Eats pilots autonomous delivery with Serve Robotics, Motional.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 197

Freightos

APRIL 2, 2024

More Resources Home April 2, 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. China – N. Europe weekly prices fell 6% to $3.31/kg.

Baltimore 264

Baltimore Asia Europe New York 264

The Logistics of Logistics

JANUARY 1, 2015

I often hear from novice shippers: “How can I find a great freight forwarder?”. The truth is that finding a great freight forwarder is actually rather easy. Here are nine items to look for when searching for the best freight forwarder for your company: Research, Research, Research. Modes of Transportation.

Freight 100

Freight How To Logistics Network Optimization Software Warehousing 100

The Logistics & Supply Chain Management Society

APRIL 26, 2022

For those not familiar with the Energy Observer, she is a one-of-a-kind research vessel dedicated to the science of how to traverse the seven seas carbon free! You can find out on the ship, which are outfitted with three types of solar panels at present. Greener Shopping and Shipping: The Rise of Carbon Neutral e-Commerce Delivery.

Supply Chain Design Software 245

Supply Chain Design Software Singapore Analytics Software Logistics Network Optimization Software 245

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Opinion Editorial by Wolfgang Lehmacher, Operating Partner at Anchor Group and Mikael Lind, Senior Strategic Research Advisor at Research Institutes of Sweden (RISE) and Professor at Chalmers University of Technology. Shipping Routes: Clydebank Declaration. An Update from Sharm El-Sheikh on Decarbonisation of Transport.

Transportation 130

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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. You can hear the full interview with Conor in our podcast series, Ship Happens. .

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain 156

Freightos

DECEMBER 16, 2016

Why Tech Giants Are Focusing on Trucks and Ships. According to Freightos Marketplace research, it could costs as little as $0.22 to ship a 5 lb package the full distance from Shenzhen to Los Angeles. Basically, the 7,236 miles from China to the US may have the same shipping costs as the last mile.

Shipping 120

Shipping Logistics Network Optimization Software Purchasing Skills Los Angeles 120

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

by Wolfgang Lehmacher, Anchor Group & Mikael Lind, Research Institutes of Sweden (RISE). came from trucks carrying cargo. The second Z – Zero emission shipping routes: the Clydebank Declaration. Part 1–Defining the moment. degrees Celsius,” states the Climate Action Tracker. Most of this, 45.1

Supply Chain Design Software 240

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The Logistics & Supply Chain Management Society

MARCH 14, 2023

Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all. What tools we can use to benchmark ocean freight and carriers’ service reliability?

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Operations and Supply Chain Management

JANUARY 25, 2021

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. Compared with last March’s low prices, freight rates from China to the U.S. KEY POINTS.

Examples 59

Examples Shipping Singapore Asia 59

MIT Supply Chain

DECEMBER 15, 2020

The loads may never materialize, or the carrier may not have the capacity in the right place when it is scheduled to haul the cargo. But they do add costs and reduce the efficiency of freight networks. After the shipper broadcasts its freight transportation needs, carriers submit their offers for winning the business.

Freight 52

Freight Optimal Sourcing Modeling Network Optimization 52

Intelligent Audit

JANUARY 5, 2022

By learning about ways to minimize spending on pharmaceutical shipping, companies can better compete in the evolving market. . The State of Shipping Pharmaceuticals in the U.S. The demand for pharmaceuticals in tandem with all e-commerce demand means little available capacity and higher costs for pharmaceutical shipping.

Pharmaceutical 52

Pharmaceutical Material Savings Shipping Cost Reduction Strategies 52

Intelligent Audit

SEPTEMBER 9, 2021

For several reasons, working capital management and freight auditing remain vital for achieving growth and success in the modern supply chain. With the growing focus on and demand for two-day and even same-day shipping, consumers want fast and reliable shipping services, which always come at a price.

Freight 52

Freight Expense Reduction Supply Chain Planning Software Cost Reduction Strategies 52

Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 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. America weekly prices increased 21% to $5.72/kg

Negotiating Skills 285

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction Strategies 285

Freightos

FEBRUARY 22, 2024

More Resources Home February 22, 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 weekly prices decreased 7% to $3.65/kg

Price Reduction 177

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 177

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. Get better deals on shipping rates.

Freight 52

Freight Material Savings Resource Reduction Cost Reduction Strategies 52

Logistics Viewpoints

MARCH 24, 2021

While Amazon has rolled out its own digital freight matching marketplace named Amazon Freight, the company is always looking at new opportunities in this area. The company has ordered more than 700 compressed natural gas class 6 and class 8 trucks so far, as it looks to introduce new sustainable solutions for freight transportation.

Supply Chain Planning Software 165

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 165

Freightos

FEBRUARY 13, 2024

More Resources Home February 13, 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 weekly prices decreased 35% to $3.91/kg

Negotiating Skills 194

Negotiating Skills Optimal Sourcing Asia Europe 194

Freightos

DECEMBER 28, 2023

More Resources Home December 28, 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. China – N. Europe weekly prices fell 17% to $3.97/kg

Negotiating Skills 194

Negotiating Skills Price Reduction Asia Vendor Strategies 194

Cathy Roberson

JANUARY 2, 2023

E-commerce sales are higher than in the pre-pandemic period, as are shipping costs. Retailers with physical storefronts are also encouraging curbside pickups and Buy Online, Pick Up in Stores (BOPIS) to help reduce their shipping costs. Thanks for reading Rethinking supply chains! population lives within 10 miles of a Target store.

Cost Reduction Strategies 136

Cost Reduction Strategies Reverse Logistics Logistics Network Optimization Software Beverage 136

Freightos

NOVEMBER 7, 2023

Here at Freightos, our vision is to digitalize international freight–air and ocean. But so far air freight and ocean freight have gone in different directions. That is a huge success story for the air cargo industry and as promised it has brought significant efficiencies.

eBook 215

eBook Optimal Sourcing Negotiating Skills Cargo 215

Freightos

FEBRUARY 28, 2024

More Resources Home February 28, 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 weekly prices increased 32% to $4.8/kg

Negotiating Skills 177

Negotiating Skills Asia Optimal Sourcing Yemen 177

Freightos

JANUARY 3, 2024

More Resources Home January 3, 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 weekly prices fell 13% to $1.82/kg.

Negotiating Skills 156

Negotiating Skills Asia Optimal Sourcing Europe 156