Transportation in the Americas: A Cross-Country Comparison

MIT Supply Chain

Truck transportation comprises 75% of all freight in Latin America. Mendonça, Villena, and Ruiz interviewed professionals from three distinct areas of the freight world: trade associations, multinational companies, and carriers?—?including

Shipments up, freight spend way up — Cass reports

The Supply Chain Journal

Freight expenditures surged with another step higher in volumes, according to March data released by Cass Information Systems ( NASDAQ: CASS ) on Friday. The Cass Freight Index posted cycle highs with the expenditures’ subindex displaying a new record.

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April freight trends jump, 2021 to be ‘extraordinarily strong year’

The Supply Chain Journal

The Cass Freight Index returned a 27.6% The comparisons to the prior year reflect widespread quarantine mandates that brought the economy to a temporary halt. With much of the annual contract freight market repriced at this point, we expect these increases to begin to slow near-term.

Freight Audit: 10 Freight Invoice Considerations Impacting Spend

Intelligent Audit

While traditionally these programs are called freight audits, it isn’t solely about LTL or FT. Freight Invoice Error Rates Remain a Constant Threat. But how often does a freight invoice contain errors? Freight Payment Processing Is Rife With Risk Too.

May retail sales supportive of freight flows

The Supply Chain Journal

The data showed that on a year-over-year comparison, May sales were 28.1% The comparison to the year-ago number reflects demand weakness at retail stores (notably apparel), many of which were closed due to COVID protocols in 2020. Retail sales in May fell 1.3%

The 7 Freight Audit and Payment Best Practices

Intelligent Audit

One critical but often overlooked component of successful shipping and logistics management remains freight audit and payment processes. Create a Clear Strategy for Freight Audit and Payment. Freight audit and payment protocols can benefit significantly from automation.

Freight continues to flow in, capacity does not

The Supply Chain Journal

Expectations around future freight flows continue to grow with each passing week. The combination appears likely to keep the upside of the freight cycle on track even as the year-over-year comparisons become more formidable in the back half of the year.

Shipping Less-Than-Truckload Freight in E-Commerce: Shipping Online Is More Than Just Parcel Shipments

GlobalTranz

According to Logistics Management, more parcel carriers are moving heavier parcel shipments to less-than-truckload freight in e-commerce because they’re overwhelmed. This creates a wonderful opportunity for shippers to eliminate the middleman costs by considering the use of less-than-truckload freight options for e-commerce. Why Are Shippers Looking to Less-Than-Truckload Freight in E-Commerce? Apply Standard Shipping and Handling Costs to Freight Quotes.

Expeditors paying more to move freight but has solid quarter

The Supply Chain Journal

The increase in tonnage handled by Expeditors was relatively consistent across the board, with the exception of ocean freight rising 54% in March. A breakdown of expenses at Expeditors shows just how much costs to move freight have risen.

Why Logistics Service Providers & Shippers Use Freight Data to Gain Market Share

Turvo

This is where freight data recording and analysis can help with the supply chain’s internal adding value. . The Costs of Not Using Freight Data in Managing Logistics. Freight Data Increases Market Share. This becomes best accomplished by taking advantage of freight data analysis.

Data 52

Supply Chains (And Freight Rates) Crank Up Again: Freight Rate Update W1

Freightos

Supply Chains (And Freight Rates) Crank Up Again: Freight Rate Update Wk 1. As supply chains crank back into action following the vacation, the January ocean freight GRI (General Rate Increase) stuck, with China-US rates increasing by 27%. It seems oversupply will keep ocean freight prices low for the foreseeable future, as evidenced by a lackluster peak season. The situation is better for air freight. Air Freight Pricing. Ocean Freight Pricing.

Freight continues to flow in, capacity does not

The Supply Chain Journal

Expectations around future freight flows continue to grow with each passing week. The combination appears likely to keep the upside of the freight cycle on track even as the year-over-year comparisons become more formidable in the back half of the year.

Expeditors paying more to move freight but has solid quarter

The Supply Chain Journal

The increase in tonnage handled by Expeditors was relatively consistent across the board, with the exception of ocean freight rising 54% in March. A breakdown of expenses at Expeditors shows just how much costs to move freight have risen.

10 Controversial Freight Predictions for 2016

Freightos

10 Controversial Freight Predictions For 2016. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. Freight Industry Is Finally Online. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. We Start Thinking Of Freight As Big Parcels.

10 Controversial Freight Predictions for 2016

Freightos

10 Controversial Freight Predictions For 2016. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. Freight Industry Is Finally Online. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. We Start Thinking Of Freight As Big Parcels.

The Holidays and The Logistics Crunch: It’s all about the Planning & a Fun Comparison of Logistics & A Successful Turkey Day!

GlobalTranz

As we see this year, there are more cars on the road (meaning carriers want that attractive freight), and we are also seeing tight capacity. Don't let the bird not be the star of the show, make sure your freight is ready to go! That’s not just good news for consumers; capacity is opening up for freight carriers. Do you know your freight classes ? Have you started planning your Thanksgiving meal yet?

Trucking Market Q1 Update and 2021 Freight Outlook

Zipline Logistics

It was a tale of two freight markets during the past year due to the global pandemic that reshuffled consumption and commerce. We saw historic freight lows in the winter and early spring, followed by landmark highs in the summer and the remainder of the year.

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

GlobalTranz

Furthermore, some data may be of minimal use without comparison to and identification of trends and collaborations between data from other transactions within a given warehouse or transportation system. Twitter Facebook Google+ LinkedIn The post [e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs appeared first on Transportation Management Company | Cerasis.

Why Are My Freight Rates Increasing? Produce Season Can Strain Capacity

Zipline Logistics

Freight rates continue to remain elevated in year-over-year comparisons. Produce season is a yearly occurrence and, for its duration, it can widely affect capacity and freight rates. Produce Season and Freight Rates. This drives up freight rates across the board.

Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

But issues surrounding labor and rising fuel prices pose real threats to the freight industry. For comparison, in 2016, diesel fuel prices were just US $2.14 Technology Comes to the Aid of Freight Companies. truck drivers transportation freight truckingTransportation is one of the world's largest industries and deeply influences how efficiently global supply chains are able to run.

Why Shipping Lead Time Matters in a Tight Freight Market

Zipline Logistics

But with freight conditions like those we have seen throughout most of 2020, building in additional lead time is an even more essential piece of your logistics operational puzzle. Building-in additional lead time in a tight freight market is crucial.

Freight boom barrels through May, Cass reports

The Supply Chain Journal

Data released Friday from Cass Information Systems ( NASDAQ: CASS ) shows the freight industry advanced at a blistering pace during May. The Cass Freight Index logged the highest-ever growth rates in the shipments and expenditures components of the dataset’s more than 30-year history.

Modest inventory bump not likely to slow freight’s flow anytime soon

The Supply Chain Journal

The latest quarterly reports from retailers appear to show progress in rebuilding merchandise levels even as manufacturing has been disrupted, freight is still delayed at the ports and transportation capacity remains historically constrained. More freight on the way to US ports.

Freight Volume Rebounds to Pre-Pandemic Levels

Zipline Logistics

As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Th ese conditions have caused a more favorable freight environment. Regional Freight Volume Update ? . California r efrigerated freight has recovered.

Worker Shortages and More Pose a Challenge to Freight Companies

Elementum

But issues surrounding labor and rising fuel prices pose real threats to the freight industry. For comparison, in 2016, diesel fuel prices were just US $2.14 Technology Comes to the Aid of Freight Companies. truck drivers transportation freight truckingTransportation is one of the world's largest industries and deeply influences how efficiently global supply chains are able to run.

Daily Infographic: Q1 2021 Earnings Comparison

The Supply Chain Journal

FreightWaves Infographics Infographics Covenant Transport earnings Earnings reports Forward Air Infographic infographics Old Dominion Freight Line Saia Schneider National USA Truck USXpress Werner EnterprisesTo view more FreightWaves infographics, click here.

What’s Next for a Bubbling Freight Market?

Zipline Logistics

Despite a pandemic that has disrupted many parts of the global supply chain, the freight market has been on a recent tear. Current outbound tender volume is up 34 percent over 2019 and 38 percent over 2018 in year-over-year comparisons. What’s Causing Upward Freight Market Trends?

Traditional Vs Digital Freight Forwarders – What would you prefer?

20Cube Logistics

With all industries understanding its importance have moved ahead with digital and online platforms, the freight forwarders have also embraced the technology. Traditional freight forwarders. Digital freight forwarders. Digital transformation is the need of the hour.

Big Data, Dynamic Freight Pricing and Bid Savings (maybe)

GlobalTranz

Editor's Note: This is a blog from our friend Augie Grasis who shows us how big data can work to our advantage with dynamic freight pricing. Such is the case in the LTL freight industry as well. . The most progressive carriers are tracking their every move by collecting data about every aspect of their business and every piece of freight they move. One example of the utilization of Big Data is dynamic pricing of LTL freight. Data Freight

E-Commerce Disrupts Freight Seasons, Boosts Spot Market Volume

DAT Solutions

One result has been a transformation of seasonal freight trends, and transportation spending, especially in the fourth quarter of each year. Before 2013, October was the busiest month for freight transportation, as merchandise had to be on store shelves in advance of the Thanksgiving weekend. In recent years, however, as e-commerce volume has doubled, holiday freight continues to move throughout the fourth quarter.

Use Air Freight to Meet Consumer Demands as Supply Chains Accelerate

CH Robinson Transportfolio

And bringing air freight services into the spotlight. . Because consumers use technology to do on-the-spot price comparisons, they can order from any company in the world that has their desired product. That’s where air freight and third party logistics providers (3PLs)—like C.H. The state of today’s air freight market. Air freight’s unique advantages. What comes to mind when you think about air freight? That’s not all air freight has to offer.

Use Air Freight to Meet Consumer Demands as Supply Chains Accelerate

CH Robinson Transportfolio

And bringing air freight services into the spotlight. . Because consumers use technology to do on-the-spot price comparisons, they can order from any company in the world that has their desired product. That’s where air freight and third party logistics providers (3PLs)—like C.H. The state of today’s air freight market. Air freight’s unique advantages. What comes to mind when you think about air freight? That’s not all air freight has to offer.

Wolves and ships

Supply Chain Movement

Are logistics matching platforms a wolf in sheep’s clothing for freight forwarders? Uber Freight. That’s the question posed by Rob Zuidwijk, Professor of Global Supply Chains & Ports at Erasmus University in Rotterdam, in a recently published report.

9 General but Important Tips and Guidelines for Better & Sustainable Freight Management

GlobalTranz

Are you looking forward to becoming a master of logistics, handling freight management with increased efficiency? Freight Management will be a far easier task when you know how it all fits in the grand scheme of things. There are plenty of mobile apps capable of helping you with freight management in the long run, becoming an invaluable tool to help with your business analysis. This is even more so if your freight has any special needs.

Evaluating Shipper Needs & Carrier Options: LTL Freight Shipping vs. Parcel Hundredweight Programs

GlobalTranz

An effective logistics management program takes all factors into account to make the best freight shipping decision. Shippers may consider dimensional pricing models versus freight weight package rates before choosing parcel shipping. However, parcel hundredweight programs can appear to be a saving-grace for shippers trying to expand use of parcel and keep freight spend in check. The Programs Handle Freight Along the Same “Line” as Normal Shipping.