This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Whether you're a small startup or an established business, choosing the right freight shipping service provider can be a game changer. Understanding the key differences between these services can help you make a more informed decision, streamline your operations, reduce shippingcosts and ultimately improve customer satisfaction.
If your business depends on freight shipping, you've likely felt the effects of a world that seems to change overnight. From port congestion and fuel surcharges to weather events and labor shortages, the threats to your shipping network are real and growing. Even businesses that ship only within U.S. The good news?
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. It handles everything from rating and booking to shipment management, invoice auditing, and beyond.
June 10, 2025 Blog Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 98% to $5,488/FEU. Asia-US East Coast prices (FBX03 Weekly) increased 61% to $6,410/FEU. Europe prices (FBX11 Weekly) increased 17% to $2,757/FEU. America weekly prices fell 1% to $5.27/kg.
The 2018-19 contract season for ocean shipping is here, and it’s time to think about the best way to approach negotiations. Of course, you want to control costs, consider options, and mitigate risks, but it will also be important to keep these five factors in mind as you talk to ocean service providers about the year ahead.
The Red Sea crisis demonstrated how quickly shipping routes can be compromised, forcing immediate rerouting decisions. Our data showed that over 90% of enterprise shippers had to reroute shipments during this period, with an average cost increase of 35% per container. This insight wasn’t merely theoretical.
Note: Today’s post is part of our “ Editor’s Pick ” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. The 2017-18 ocean shipping contract season is underway. The Hanjin impact. Read more at C.H.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. It handles everything from rating and booking to shipment management, invoice auditing, and beyond.
Re-implement demand planning, trade promotion management, and revenue/price management together to improve the baseline demand signal. Initially, the output was published to procurement to design strategic buying strategies. The focus of the transportation suites was on cost mitigation and pricenegotiation.
The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. It may be off a lower-than-normal base price but for importers and exporters suffering from lower sales, it’s almost certainly troubling news. Most of these are nearly impossible to plan for.
Like many, I envisioned substantial cost savings and productivity boosts for the logistics industry, which is often hampered by non-standardized formats and requires high adaptability. In logistics, the cost of an error or exception is always where problems start to balloon. Again, this takes careful and meticulous training.
The trouble today is finding authentic pairs which also do not cost an arm and a leg. This resulted in meaningful cost savings for our last mile delivery program overall,” he added. 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.
About FRAYT FRAYT is a nationwide, on-demand, last mile delivery solution that offers businesses an automated web, mobile app, and advanced API platform to efficiently and cost-effectively move their products. Tusk save Shippers 40% or more on small parcel shipping. The Greenscreens.ai
Judah Levine November 21, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 8% to $1,573/FEU. Europe prices (FBX11 Weekly) decreased 7% to $1,291/FEU.
Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. Movies, which combine fun and instruction, have a special ability to teach insightful knowledge about the negotiation process.
Global shipping and transportation present tremendous opportunities for businesses, but they also bring complex challenges, particularly when it comes to compliance. Understanding Global Compliance What is Global Compliance in Shipping? Maintaining compliance is non-negotiable in a world where trade rules are constantly evolving.
Route planning and optimization One of the main aspects of cargo transportation management is route planning and optimization. They take into account factors such as distance, transportation cost, delivery time, and others. A good inventory management system helps reduce storage costs and ensures that goods are delivered on time.
But they ran into a pricing challenge; consumers hate price changes (at least, price increases) and like most commodities, the cost of chicken changes. They drew a blank when looking for a chicken farmer that would commit to a fixed price. And throughout it all, retailers and consumers paid the price.
Amazon in the news: Amazon’s Prime orders are getting delivered faster and faster Hawaiian Airlines slowly adds freighters for Amazon business Walmart in-store AI is giving employees advice on how to sell products USPS delivery unit proposal sparks service, cost concerns for shipping partners White House earmarks $1.5B
These giants have deep pockets, capable of offering low-cost, if not free, parcel shipping. However, that does not mean all shippers must face the challenges to ship parcel at their expense. If shippers charge to ship parcel, customers will simply go to Amazon. NegotiateShipping Rates Like a Pro.
The unprecedented cargo logjams off the southern California coast wreaking havoc on supply chains show no signs of waning. Just two days before Thanksgiving, FreightWaves reported an “all-time-high 93 ships” were waiting there. They face higher costs. In some cases, those same caps bring even higher costs.
The international inbound transportation service is only available to Walmart Fulfillment Services (WFS) sellers that source or manufacture goods in China, and all cargo must be shipped from Yantian, Shanghai, or Ningbo ports. Cargo imported into the U.S. according to the Walmart Marketplace website.
Expanding the smart package initiative will help UPS strengthen its network efficiency as it seeks to reduce costs in a cooling demand environment. hope to slash shippingcosts and save millions of dollars when they sit down later this month to negotiate long-term contracts with ocean carriers following last year’s surge in rates.
Anti-narcotics investigators have uncovered substantial amounts of the disguised drugs in the past two years as smugglers go to ever-more elaborate lengths to get illicit cargoes on board ships. Guffey added that the company is meeting with the agency weekly to ensure a smooth transition before the peak holiday shipping season.
Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. About Brian Kempisty Brian Kempisty is the Founder of Port X Logistics, a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. and Canada.
Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. About Brian Kempisty Brian Kempisty is the Founder of Port X Logistics, a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. and Canada.
Like many, I envisioned substantial cost savings and productivity boosts for the logistics industry, which is often hampered by non-standardized formats and requires high adaptability. In logistics, the cost of an error or exception is always where problems start to balloon. Again, this takes careful and meticulous training.
In the early morning hours of April 26, at approximately 1:35am, a cargoship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long The end result of the loss of propulsion was the ship crashing into the bridge. mile-long span. An estimated 11.5
With supply chain disruptions, low capacity, and skyrocketing fuel costs, manufacturers and shippers are facing monumental hurdles. Fortunately, strategic planning can help you deliver your land cargo on-time , despite the abundant labor shortages. Low Land Cargo Capacity. Solutions for On-Time Land Cargo Delivery.
In a final piece of holiday news, USPS has said will not levy an extra delivery surcharge during the winter peak season, saying the decision makes USPS “the most affordable way to mail and ship this holiday season.” Although port volumes increased in August, demand remains lower as shippers continue to face excess inventory levels.
Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. While GSAs can provide benefits such as cost savings and increased efficiency, they also introduce new risks and challenges for shippers. How alliances in the shipping industry might impact shippers?
Intermodal freight shipping has been around for decades, but it is growing in popularity due to its many benefits. Integrating intermodal shipping into your supply chain can bring significant cost-savings, increased levels of security, improved safety, and make shipments flexible. What is Intermodal Shipping?
It helps professionals enhance clarity, build rapport across cultures, and reduce errors caused by miscommunicationkey skills when operating in high-pressure, multilingual environments. From rerouting products because of a port shutdown to negotiating new terms with a vendor, speed and precision are paramount.
What is this going to cost? Besides providing fast, thorough answers to customers, today’s ERP, cloud-based SaaS, or 3PL-operated systems enable companies to manage the order lifecycle, control information and cargo flows, and reduce the total cost of goods. Total order lifecycle and related cost of ownership decrease.
Ultimately, effective SRM can increase supply chain visibility, improve quality and supply consistency, drive down costs, improve customer service, create a higher mix of strategic versus active suppliers, and make an organization more competitive. Supply chain cost is always flat around the optimal strategy.
A number of companies are looking to woo consumers with low-end devices priced for challenging times. On Monday, Roku announced its 2022 fall product lineup: a revamped version of its entry-level streaming adapter, selling for just $30, and a new, smaller subwoofer priced $50 below its existing model. Let the holiday season begin.
Single boxes of the cookies, which have a crispy raspberry-flavored center coated in chocolate, cost from $4 to $7, but they are selling for as much as $35 on the secondary market. By right-sizing the boxes, the technology minimizes the costs and environmental impact of unneeded corrugated box material, Salt Lake City-based Packsize said.
Do You Have Hidden Freight Costs? Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins. The cheapest quote may not always provide overall cost savings. Here are 15 tips for lowering ocean freight costs.
billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions. It handles everything from rating and booking to shipment management, invoice auditing, and beyond.
Do You Have Hidden Freight Costs? Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right. Market Knowledge. Your freight sourcing team should have a sound knowledge of these suppliers in order to be aware of who to contact for which activity.
The Supply Chain industry provides vast employment opportunities, from procurement to warehouse inventory, management, and shipping. The terms freight broker and freight agent are often confused in the cargo and shipping sector. Freight brokers and agents contribute significantly to optimizing the shipping process.
Initially, shippers were encouraged when both sides declared that the ports would keep operating as they continued contract negotiations. As negotiations wore on though, the situation deteriorated, and the PMA accused the ILWU of engaging in a slowdown that negatively affected the ports.
The Red Sea crisis demonstrated how quickly shipping routes can be compromised, forcing immediate rerouting decisions. Our data showed that over 90% of enterprise shippers had to reroute shipments during this period, with an average cost increase of 35% per container. This insight wasn’t merely theoretical.
Supply chain organizations are now caught in the clutches of a global economy creaking beneath the weight of cargo embargoes, labor shortages, jammed ports and shipping lanes, and a pandemic that continues to evolve. Factories run the risk of closing without advanced notice. Manufacturing capacity is severely diminished.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content