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4 Practical Ways To Reduce Freight Costs in Logistics

4WL Consulting

An interesting fact to start us offdid you know that transportation costs account for about 50% of total logistics costs ? It’s a significant chunk of change, making the task to reduce freight costs an absolute priority for any logistics and supply chain management firm.

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The Importance of Freight Bill Audit with Richard Perry

The Logistics of Logistics

Richard Perry and Joe Lynch and discuss the importance of freight bill audit. Richard is Vice President of Strategic Accounts at Intelligent Audit , a cutting-edge logistics and supply chain technology company, dedicated to revolutionizing how businesses manage their shipping and transportation processes.

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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. The freight market is mercurial. One master of freight procurement is Kyle Masters. They are vertically integrated.

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This Week in Logistics News (February 3 – 9)

Logistics Viewpoints

My youngest daughter just yells for them to throw the ball to Travis Kelce on every play so she can see Taylor Swift celebrate. We have all seen the math, and even with her concert in Tokyo on February 10, she still has time to get to Las Vegas for kickoff thanks to the magic of the international date line. and Canada. and Canada.

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This Week in Logistics News (November 25 – December 1)

Logistics Viewpoints

For the first time, personal care or beauty items also cracked into the top five most popular gifts. And now on to this week’s logistics news. The company is boasting its quickest delivery time yet, saying that packages are being prepared for dispatch within 11 minutes of an order placement at same-day facilities.

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Just-in-Time vs. Just-in-Case Procurement During Supply Chain Disruption

Ware2Go

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . In a November survey , 87% of merchants shared that they already were affected by increased freight costs.

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Doing Our Part To Help Logistics Companies Adapt to COVID-19

Freightos

Announcing free access to the Freightos Baltic Index Daily , WebCargo Sky, and Airline Updates to support impacted companies. In 2019, digital freight isn’t a vision; it’s a reality. Land travel restrictions in Asia extended Chinese New Year, dropping ocean freight demand, which, just weeks later, spiked when the shutdown ended.