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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 xeneta.com. 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.

How to Protect Your Freight From Cargo Thieves

GTG Technology Group

5 Tips for Protecting Your Freight Against Cargo Thieves. Protecting freight is one of the responsibilities you have to your clients. In 2018, motor carriers reported almost 600 incidents of cargo theft nationwide. Cargo thieves can take advantage of opportunities for crime, such as low security at a cargo hold, to steal thousands of dollars worth of cargo. Thieves stealing cargo can cause disaster along the supply chain.

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Bringing Freight Online with WebCargoNet and Freightos

Freightos

Bringing Freight Online With WebCargoNet And Freightos. But this story is more about a vision for a better future of freight, than just another acquisition. There’s unprecedented volumes of global shipments , growing international trade, more flexible supply chains, and easier sourcing than ever before (Alibaba, anyone?). WebCargoNet’s focus has been more on the carrier-forwarder relationship and has also placed more focus on air freight. Freight Insights News

US Spending Cuts to Create Issues for Freight Forwarders Through Cargo Processing Delays

BluJay Solutions

As the US Federal Government begins to implement a Sequestration program of mandatory spending cuts to address its budget deficit, effective March 1, the Department of Homeland Security is warning of potential delays to the processing of inbound air and sea freight shipments. And the resulting delays in processing cargo imports are set to impact heavily on the logistics industry, with logistics services providers of all types affected, in particular freight forwarders.

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How to Improve Freight Labeling for Transport and Logistics Management

Cerasis

Lost labels and mislabelled freight result in delays, loss of customer confidence and damage to your business reputation. To combat the problem here’s a way to improve freight labeling for transport and logistics management. Lost labels and mislabelled freight are irritating. Incorrect or missing labels are a source of frustration for packers, handlers, freight forwarders, customs officers, haulers and those receiving the goods. Freight Logistics

Blockchain in freight forwarding – Is it the next big thing?

20Cube Logistics

Well, with so much complexity, one would certainly require a reliable and transparent source to carry such enormous data and activities. How will blockchain impact freight forwarding? Each time cargo is shipped, the transaction is documented, creating a permanent history of the shipment from order to delivery. Transparent & secure. 20Cube Logistics is a global freight forwarding, Customs clearance, and warehousing service provider.

Connect Big Data with Predictive Analytics for Increased Visibility and Control Over Global Supply Chains

Supply Chain Network

percent per year, over 90% of the world’s trade is carried by sea for a total of 23 million tonnes of cargo traveling by ship every day. Shippers, carriers, freight forwarders and third party logistic firms are currently spending millions of dollars in resources on ‘estimating’ important metrics such as container Estimated Time of Arrival (ETAs). And relative to emerging data sources of relevant Big Data on global supply chains, one very interesting new player is Spire Global.

Mexico Back in the Supply Chain Spotlight

Talking Logistics

A lot of companies set up operations and sourced from Mexico back in the 90s, then the focus shifted to China and other Asian countries, and now Mexico is back in the spotlight. We’ve seen, for example, instability in ocean freight, cost, and issues with [Los Angeles] ports in past years. has a surplus of natural gas; it’s a cheap energy source that helps Mexico continue to be competitive. . Finally, I asked Troy about security, if it’s as bad as we read in the papers.

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Technology Fuels Freight Logistics: Jeff Tucker in Wall Street Journal

DAT Solutions

Jeff Tucker 's guest column in yesterday's Wall Street Journal pointed to the pivotal role of technology, including DAT Load Boards , in freight logistics today. Jeff also highlighted the contribution of freight brokers to the efficient movement of cargo. Jeff has been a leader in freight logistics since 1992; he is president and CEO of Tucker Company Worldwide and Chairman of the Transportation Intermediaries Association. domestic freight transportation and logistics.

Current State of International Transportation Industry – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

Our vision at TRAMES, is to reduce global trade barriers through digitalizing international freight and transportation. TRAMES is all about International Freight Orchestration (IFO). c) Digital Freight Forwarders. What TRAMES Aims to Tackle.

The Ultimate List of Top Logistics Startups – Blog

Freightos

And it’s about to get hit by a freight train of innovation. How much do we love freight innovation? Enough to go through every single article published in the top tech blogs – Techcrunch, Verge, Mashable and Recode – since 2007 to count how often articles about logistics startups, freight or cargo were published. And we found that freight innovation is hot. Freight Forwarder comparator for shippers, with upcoming online freight sales platform.

Security and TMS: What Intermodal Carriers Should Know

GTG Technology Group

Many companies shy away from adopting new technology solutions because they fear security risks. With appropriate security measures, cloud TMS products will contribute to business efficiency. Security Risks in the Intermodal Transportation Industry. In freight transportation, a cyber security threat can cause delays, contribute to a cargo-stealing conspiracy, compromise sensitive data , or put digital systems at risk. Sources: [link].

What is Cargo Insurance and Why Is It Important?

CH Robinson Transportfolio

That’s where cargo insurance comes in. Protecting freight against loss. You can’t always protect your freight from loss. To clear up these confusions, this post will explain key cargo insurance information and how it can help mitigate your shipping risks. What is cargo insurance? Marine cargo insurance is the most common method used to protect the value of your goods from physical damage, theft, or general average. Is cargo insurance a requirement?

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Transparency and integrity for your supply chain

Global Trade Management

Tracing of freight – reduce search times Logistics manager often complain high search time for lost goods. With the deployment of the right monitoring technology you have your freight better under control. With sensors container conditions including door security can be monitored in real time and door opening alarm messages can be sent to the involved persons. Clarify liability issues Especially with liability issues the source related documentation is crucial.

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Risks exist in land, air and ocean freight. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value. Capacity fell by 3 percent, and up to $14 billion in cargo was unable to dock. Extreme weather represents one of the most significant risks to ocean freight on the globe. Source raw materials from reclamation centers where possible. Ensure system connectivity is on a secure network. Subscribe Here! Email Address.

Logistics Trends to Watch!

Supply Chain Game Changer

After reviewing several industry sources most Logistics professionals are in agreement with all of these trends. Small to midsize importers and exporters stand to gain the most from new technology since they do not have the resources to create a safe supply chain but will be able to rely on freight companies that provide big data capabilities to customers. It has become difficult to survive as an independent shipper with a fleet of cargo ships. Subscribe Here! Email Address.

Launching the Freightos Baltic Index (FBX) for Daily Rates

Freightos

But despite its size, containerized freight’s poor visibility persisted. As containerized freight has been slow to digitize in general, a reliable, data-driven, and actionable index has eluded the industry as well. Prices for everything and anything are subject to change and freight rates for containers are no different. In fact, containerized freight is one of the most volatile industries in the world. Sources: FBX and SGX.

European Commission Questions Quality of Customs Data Provided by Logistics Services Providers for ICS

BluJay Solutions

In its recent communication on Customs Risk Management and Security of the Supply Chain (8 January 2013), the European Commission raised concerns around the robustness of the current risk management process for goods entering the EU under the Import Control System (ICS). ICS, an electronic customs procedure designed to improve security by providing advance visibility of shipments into Europe, became mandatory in January 2011.

5 Things to Know About U.S.-Mexico Logistics

Talking Logistics

Understand the 3-Legged Freight Movements at the Border. Companies carrying freight across the U.S.-Mexico The Free and Secure Trade (FAST) program, as part of the Customs-Trade Partnership Against Terrorism (C-TPAT) program of U.S. At a minimum, companies will need to be familiar with these most common documents: Bill of Lading (BOL) – A bill of lading is an essential document for any freight shipment. It can help increase overall capacity and reduce freight costs.

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6 Digitization Steps to Overcome Supply Chain Disruptions & Build Resiliency

Turvo

Few areas of the supply chain are more susceptible than sourcing strategies. In the global economy, manufacturers may source raw materials from affected regions. Of course, a more diverse supply chain contains this protective effect—enabling multi-sourcing capabilities for all needed resources from cargo space to drivers and beyond. Divert your cargo at Port, Transload, and expedite to the destination while having complete visibility on the Turvo Inc.

Pillars to a Successful Transportation Experience: Carrier Management

CH Robinson Logistics

Complex routes or freight may require a specialized or dedicated provider. Peak season is generally between August and the end of October, which means securing capacity during that time requires additional planning. According to Boeing , world air cargo traffic is predicted to more than double from 2015-2035, with an average growth of 4.2% Time truly equals money when it comes to air freight. Sources: * IANA.

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. TMD Security GMBH.

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. Managers can control the operation efficiently as the relevant information comes from different sources, timely and all the members have access to its current updates.

Can Blockchain Really Make Supply Chains More Transparent and Ethical?

Enterra Insights

Hence, the ability to trace each product to its source (product lineage) is critical for companies. For example, Christopher Tang reports blockchain solutions are being developed for ocean cargo to help make operations more efficient.[3] Besides the potential of saving billions of dollars, the private blockchain solution can improve workflow and better visibility and security.

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Top 10 Supply Chain Innovations of 2017

Material Handling & Logistics

Click the links below to compare this year's innovations to those from previous years: Top 10 Supply Chain Innovations of 2016 : robot pickers, bridge-inspecting drones, autonomous freight shuttles, and more. Source ID. cities across the United States, Amazon Key allows Amazon Prime members to grant secure home access for guests and, Amazon promises, eventually tens of thousands of service providers, such as home cleaners and pet sitters. Source ID. Source ID.

Expect the Unexpected: Planning Supply Chain Contingencies for Unpredictable Events

TMC

The responses can be very expensive since, in many cases, the last recourse is to expedite via air freight. In these cases, it is critically important that the shipper has accurate, timely information on the status of their freight and the nature of the disruption. This functionality also helps the shipper make effective decisions on very tight deadlines, because they are securing the most competitive market rates available.

Pillars to a Successful Transportation Experience: Carrier Management

TMC

Complex routes or freight may require a specialized or dedicated provider. Peak season is generally between August and the end of October, which means securing capacity during that time requires additional planning. According to Boeing , world air cargo traffic is predicted to more than double from 2015-2035, with an average growth of 4.2% Time truly equals money when it comes to air freight. Sources: * IANA.

Pillars to a Successful Transportation Experience: Carrier Management

TMC

Complex routes or freight may require a specialized or dedicated provider. Peak season is generally between August and the end of October, which means securing capacity during that time requires additional planning. According to Boeing , world air cargo traffic is predicted to more than double from 2015-2035, with an average growth of 4.2% Time truly equals money when it comes to air freight. Sources: * IANA.

Top Transportation Management and Transportation Articles of 2015

Cerasis

We will then conclude the 5 main categories by featuring the top 10 freight articles of 2015. As a TMS provider, Cerasis also provides the services related to transport management: freight claims, freight accounting, carrier relations, and more. WHITE PAPER] The Complete Guide to Freight & Transportation Accounting. As you grow, so should freight costs. Above average increases in freight costs could indicate your expenses are cutting into your bottom line.

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations

ThroughPut

You can’t just turn around a giant cargo ship. Once cargo has shipped, there are no “backsies.” Anyone who has shipped freight by air or sea can attest to the fact that international shipping is complex — in no small part because of the rules and regulations around certain goods. Everything from custom duties to cargo inspections can create bottlenecks within the supply chain. This isn’t to say you should avoid international sources for goods.

Blockchain and the Law of Unintended Consequences

Enterra Insights

Matt Higginson, a partner at McKinsey & Company, explains blockchain is simply “a database which is [securely] shared across a number of participants.”[1] ”[1] He goes on to note there are three parts to the database sharing framework: “The first is that this is a cryptographically secure database or distributed ledger. It’s secure data. Freight Tracking. “Cargo Volume often defines the cost of shipping freight.

6 Costly Transportation Management Software Mistakes Technology Can Correct

GTG Technology Group

It is a fast and secure transfer of information, which saves resources. A major challenge in transportation is ensuring that freight is always packed and shipped in the most efficient way. New technology can assess the best possible arrangement of cargo and routes. Failing to Trace Freight. Transparency is a key element of efficient freight management. Underdeveloped Security. Both cyber and physical security are hazards of the trade.

The state of supply chains: Aerospace

EFT

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.

Delivery Drones are Taking Off! (Infographic)

Supply Chain Game Changer

The speed of drones is a major selling point for customers, of which 79% say they would be “very likely” or “somewhat likely” to request drone delivery if their package could be delivered within an hour (Source: Walker Sands Future of Retail 2016 Study ). What’s more, whereas cargo drones typically have a very limited capacity of only 5kg, delivery trucks can carry hundreds of packages at a time. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

How to Pack and Ship for Temperature Controlled Shipping

Freight Center

Temperature controlled freight shipping anything that needs to remain at a specific temperature. This type of freight requires special handling, which begins with packaging. Set your freight up for success by packing your items with care. It is powered by an internal power source. Common Packaging for Temperature Controlled Freight. You may need several of the following items when shipping temperature controlled freight: New corrugated box.