Remove Columbus Remove Freight Remove Inventory Remove Sourcing

New Panama Canal Options: Running the Numbers with a TMS

TMC

These enterprises are no longer reliant on the Suez Canal route for shipping freight on Post-Panamax container vessels to the United States. Modern TMS solutions are designed to help shippers make such trade-offs, with analytics platforms that take data from multiple sources and present the shipper with a single access point for calculating total landed cost. The preferred amount of inventory held on ships and trucks depends on constraints such as the value of the cargo.

7-Week Streak of Higher Rates Ends – For Now

DAT Solutions

While inbound rates were generally up in Buffalo, the lane from Columbus to Buffalo dropped 33¢ to $3.09/mile. It could be a case of Columbus being out of inventory, given the extra activity that happened out of there following Hurricanes Harvey and Irma, which meant freight going into Buffalo had to be sourced elsewhere. Van spot market rates moderated last week, especially on the backhaul lanes where rates spiked two weeks ago.