Are Ocean Freight Prices Absolutely Broken?

Freightos

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing $4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken?

5 Ways to Make Your Manufacturing Plant More Sustainable in the Age of COVID-19

DELMIA Quintiq

This classification extends to the manufacturing facilities and personnel keeping us fed and supplied. Doing more with less is more critical in manufacturing than ever. They might even find themselves conscripted into manufacturing essential products under the Defense Production Act.

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Reweigh & Reclassify: How Freight Bill Auditing Saves Money

Cerasis

Traditional linear supply chains were relatively simple in execution: moving products from the manufacturer to end-user. The post Reweigh & Reclassify: How Freight Bill Auditing Saves Money appeared first on Transportation Management Company | Cerasis. Freight Freight Accounting TMS Freight Bill AuditingModern supply chains are under increasing pressure to cut costs and improve customer service levels.

An Industrial Manufacturer Blends Dedicated and Contract Carriage to Balance Freight Market Instability

CHAINalytics

A driver shortage and increased federal regulations make it increasingly difficult for companies to deliver products on time. With instability in the freight market, one global industrial manufacturing company looked to Chainalytics to help them create an optimal transportation strategy that balanced contract and dedicated fleets to improve service and reduce costs.

How Automation in the Supply Chain Will Make Employees More Strategic & Improve the Overall Supply Chain

Speaker: Adam Robinson, Director of Marketing, Cerasis

In this educational webinar, Adam Robinson from Cerasis, a leading North American Transportation Management Solutions Company, will address how automation in the supply chain is allowing companies to empower their employees with a more strategic work flow aiding in overall collaboration with peers across departments, improved business operations, more efficient manufacturing, a healthier corporate culture, and more visibility to data and processes providing the ability to gain actionable insights that lead towards actions that impact the company’s bottom line.

The 3 Main Obstacles Manufacturers Face with Inbound Freight Management

PLS Logistics

Industrial manufacturers are being hit hard by the current economic conditions. Overall demand for manufacturing is down, profit margins are shrinking and manufacturers are looking for any way to reduce operating costs. Take steel manufacturers, for example, a wealth of low priced Chinese imports are driving the price of steel down, at a time when steel prices are already low and demand is shrinking rapidly. Transportation Manufacturing Inbound Freight

The Top 5 Manufacturing Blogs of the 2018

Cerasis

That then allows us to create more of that kind of content so our award winning blog This year we will feature the top blog posts by page views in the following categories: Manufacturing , Logistics , Freight , and the Supply Chain. We will also feature our top white papers of the year, Talking Freight. and top episodes from “ The Freight Project Podcast.” ” Today’s post will cover the top 5 manufacturing blogs from 2018. Manufacturing

Trucking & Freight Management Trends to Know in 2019

Cerasis

Freight management is crucial for companies around the globe. Effective freight management reduces delays for consumers, helps companies offer Amazonesque shipping benefits and much more. Shippers that wish to succeed in 2019 need to know the top trucking and freight management trends for 2019 and how they will affect shipping practices, global trade, last-mile , and even drivers. How To Determine Freight Class: Density Calculator & Printable Resource.

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Skillfully Managing Manufacturing Reshoring Projects

Cerasis

There’s more involved in successfully reshoring a foreign manufacturing operation back to the U.S. So where should a company begin? Reshoring is a hot topic in manufacturing. Many companies are already doing it, and according to a recent BCG study, 54 percent of companies with over billion in revenues are now considering it. made goods to be sold in their stores, and this will drive even more companies to reshore. So where should a company begin?

What Freight Brokers Should Expect in 2015

Cerasis

As a freight broker , you know the importance of staying ahead of trends in your business. 2014 was a dynamic year for shipping and freight, and 2015 might present us with some surprising changes as well. One month in, here are our predictions for freight brokers in 2015: Manufacturing Comes Home. Companies have shifted manufacturing outside of North America , and shipping has been consolidated to large, central import locations.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains.

Overcome Manufacturing Supply Chain Challenges with Digital Planning

ToolsGroup

The manufacturing industry has a strong heritage of adopting game-changing technologies to deliver higher quality products more efficiently. But Rome wasn’t built in a day, and digital roadmaps that align with company goals do not take shape overnight.

Freight Classification Errors, Re-Weighs, & Other Common Freight Adjustments Are Eating Your Bottom Line’s Lunch

Cerasis

Shippers are often challenged when dealing with the freight classification system from the National Motor Freight Classifications (NMFC) book, the code numbers assigned to all products that determine the correct freight class for shipments. Logistics and transportation professionals at third party logistics companies have the necessary expertise to help shippers avoid re-classes and re-weighs when it comes to NMFC codes to help reduce unplanned expenses.

[e-Book] The Essential Guide to Inbound Freight Management

Cerasis

How Big Is the Problem Of Inbound Freight Management? Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. Depending on the industry and size of the company, a business can spend more than 40% of its annual freight budget on inbound shipping, according to the Aberdeen Group, a research firm in Boston. of surveyed companies’ total sales, according to Aberdeen’s results.

Innovations in Inflatable Dunnage Bag Design Dramatically Reduce Damage Rates of Freight Shipments

Cerasis

North American supply chains for manufactured goods depend heavily on trucking. Bureau of Transportation, trucking was the #1 mode of transport for shipments of freight between the U.S. The post Innovations in Inflatable Dunnage Bag Design Dramatically Reduce Damage Rates of Freight Shipments appeared first on Transportation Management Company | Cerasis. Freight Claims dunnage bag design

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[e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs

Cerasis

However, most of today’s data goes unused and represents a lost opportunity to the company. We hope you enjoy this comprehensive look into data, business intelligence, metrics, and the CORE KPIs every shipper and manufacturing or supply chain professional should know in order to continually improve business practices and reduce overall costs. Business practices have become synonymous with the application and collection of data for continuous improvement.

50 Most Read Articles of All Time in Manufacturing, Supply Chain, Logistics, Transportation, & Freight

Cerasis

Since today is the last day of the year before we all get ramped up towards a productive 2016 and after finishing out top 10 most read articles in each of our five main categories ( Manufacturing , Supply Chain , Logistics , Transportation , & Freight ) we wanted to give you all a treat and list the top 50 most read articles of all time from the Cerasis blog. 8 Most Common Reasons Why You May Receive a Freight Claim Declination Letter. Happy New Year!

Steel Fabrication and General Manufacturing Tips and Tricks for 2015

Cerasis

All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. Now is the Time for Manufacturing to Look at Logistics Efficiency. For a company with sales of $10,000,000, that’s a contribution to corporate profitability of $500,000 to $700,000. And we have also written a comprehensive guide to why you should outsource to a third party logistics company.

Top Freight Blogs of 2016… So Far

Cerasis

We will feature our 5 main categories all week: Logistics , Manufacturing , Supply Chain , Transportation , and Freight. Our goal is and will always be with the Cerasis blog to provide as much value through informative and education blog posts in several categories that are pertinent to those in the manufacturing, supply chain, logistics, and freight industries. We are laser focused on not being just another company blog, but a destination of quality content.

The 12 Most Popular Freight Blog Posts of 2014

Cerasis

We first featured the most popular manufacturing blog posts followed by the top Supply Chain blog posts, then logistics, transportation, business, 3PL, and then finally we round out our series today featuring the most popular blog posts focused on freight and freight management. We figure, if we give value to these categories, it’s an extension of our core values of continous improvement of not only our own company, but improvement for our shipper customers.

The Road to Freight Management Hell!

Supply Chain Game Changer

Do you have a Freight Management Strategy or are you Spinning your Wheels? Freight Management Hell article originally published by, and permission to publish here provided by, Adam Robinson at cerasis.com. The Causes of Poor Freight Data Visibility. Subscribe Here! Email Address.

The 7 Best Events For Freight Shipping in 2015

Cerasis

Are you up-to-date with the latest events in freight shipping and logistics? As you know, the atmosphere for freight brokers is only getting more competitive. Staying current in the world of shipping and freight also takes strong networking and communication. Conferences and expos are a chance for you to hear from the industry’s top players, and most importantly, build relationships with other freight shipping professionals. Freight freight shipping

8 Freight Shipping Trends Shippers Must Know for 2017

Cerasis

The freight industry of today is evolving rapidly. It is no longer bound by the traditional constraints of the economy, and Amazon is gearing up to begin expanding to be the best of the global freight shipping providers. As a result, your company needs to think about these freight shipping trends and how you can prepare to respond to them as soon as possible. 8 Freight Shipping Trends Shippers Must Know for 2017. Freight Rates Will Increase. Freight

5 Most Popular Freight Blog Posts of 2015…So Far

Cerasis

We've already hit 3 of our 5 main categories by featuring the most popular blogs for the logistics blog posts, manufacturing blog posts, and supply chain blog posts. As we round out the 5 categories, we come to the place of our expertise: Freight and Transportation Management. As a third party logistics provider squarely focused on freight and transportation management, we also understand that if we only talk about those two categories, we are not thinking well rounded enough.

These Top Manufacturing Technology Trends will Fuel a Focus on Customer Experience in 2018

Cerasis

Going back to the Industrial Internet of things (IIoT), the use of Internet-connected technology increases risk in manufacturing. billion in 2018 alone, reports Michael Kotelec of Manufacturing.net , and this will bring a strong, robust boost to efficiency and productivity in manufacturing. Artificial intelligence (AI) tools will reduce delays and simplify customer service across all changes in manufacturing throughout 2018. Manufacturing Technology Trends

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The Exploding Use of Robotics in Logistics and Manufacturing

Cerasis

The world has changed from the oil days of machine assisted assembly lines and manufacturing processes as more robots have entered the workforce. Robotics is not just a way to help companies, but many manufacturers have recognized how robots can improve their supply chain processes, benefit the company, and drive their future success. Driving Forces Behind Robotics in Logistics in Manufacturing. Benefits of Robotics in Logistics and Manufacturing.

The 3 Myths & Current State of American Manufacturing

Cerasis

manufacturers, supply chain, logistics, transportation, and freight management. Today we focus on the realities that we face with American manufacturing. The argument for American manufacturing is clear, and the topic has graced the stages of all political candidates. closely follows China’s lead in manufacturing, and in fact, the U.S. is on track to surpass Chinese manufacturers by 2020, reports Chris Mathews of Fortune magazine. Manufacturers.

31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

Cerasis

Many off-shore manufacturers have returned to the U.S., And, according to a Boston Consulting Group (BCG) study, 54% of companies with above one billion in revenues are now considering reshoring. Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. Transportation and freight costs are reduced.

3PL Logistics Companies Up Services to Continue to Meet the Needs of Shippers

Cerasis

Although 3PL Logistics Companies or 3PLs were around before the recession, companies realized the short-term savings of outsourcing logistics, transportation, and freight management to 3PLs quickly, and the age of the rise of the logistics provider was born. However, the economy is on the mend, and the need for immediate cost savings and lean solutions is starting to take the backburner to how 3PL Logistics Companies could benefit shippers through long-term relationships.

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Two Million Vacant Manufacturing Jobs by 2025…How Can We Tackle the Skills Gap?

Cerasis

Approximately 60 percent of today's unfilled manufacturing jobs are due to a shortage of applicants with sufficient proficiency in science, technology, engineering, and math ( STEM ) skills. This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. capacity to keep pace with needs of manufacturing.

Lean Manufacturing: Is it Really Worth It? 16 Big Benefits Say, “Yes.”

Cerasis

Customer expectations of reliable quality and rapid delivery forces today’s manufacturers to either shorten cycle times or lose business. There are multiple good models for lean manufacturing operations. Who Needs Lean Manufacturing? A company in need of lean manufacturing practices tends to be easy to identify, typically displaying multiple of the following symptoms of operational deficiency: Inventory amasses in buffer stocks.

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Manufacturing ERP Plays a Key Role for Sustainability

QAD

While consumer products manufacturers previously led the way for sustainable manufacturing practices, a growing number of manufacturers in other sectors are treating sustainability as an important operational objective to increase global competitiveness. The Sustainability Movement in Business and Manufacturing. Many manufacturers now publish separate sustainability reports or incorporate the information in their annual report including Nexteer, Tesla, Ball Corp.,

7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. Disaggregate freight spend data.

The Top 5 Manufacturing Blogs of 2016 …So Far

Cerasis

We continue our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Today's post will cover the top 5 manufacturing blogs from 2016 so far. Top Manufacturing Blogs from the First Half of 2016 So Far. The manufacturing blogs category most top viewed blog posts from the first half of 2016 included several elements of manufacturing. 6 Manufacturing Trends to Watch Out for in 2016.

Managing Freight Spend and LTL Shipping Process to Attain “Best In Class” Shipper Status

Cerasis

We continue our series on what makes up a "Best in Class" shipper by taking a deeper dive into #4 and #5 of the 10 areas that "Best in Class" Shippers must master : Freight Spend Management and a focus on LTL Shipping Process. Managing Freight Spend and LTL Shipping Process. Let’s take a look at how freight spending management and managed processes can prevent these issues from occurring. What Is Freight Spend Management? Management of Incoming Freight.