Talking Logistics

JUNE 30, 2015

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. It is easy to understand why strategy is often set aside to meet immediate needs of getting product shipped out the door. Be demand driven.

Negotiating Skills 100

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Elementum

OCTOBER 3, 2018

But issues surrounding labor and rising fuel prices pose real threats to the freight industry. According to Seaport Global Securities LLC analyst Kevin Sterling, between 60,000 and 100,000 drivers are needed to meet the demand for trucking services. For comparison, in 2016, diesel fuel prices were just US $2.14 per gallon.

Freight 68

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3GTMS

JUNE 14, 2017

In Making the Case , we’ll explain how a modern, feature-rich and user-friendly TMS can reduce your freight spend, improve service levels, streamline your logistics functions and give you more control over your end-to-end supply chains.

Supply Chain Design Software 124

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Intelligent Audit

NOVEMBER 3, 2021

The implications of reduced cost in just this one area of processing and freight payment management can have a significant impact on profits. But freight payment remains a very complex and often error-prone process. What Are Freight Payment Services. Freight payment service may also be known as freight audit and payment.

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Logistics Viewpoints

AUGUST 12, 2022

I read earlier this week that pressure on the supply of critical materials will continue to mount as road transport electrification expands to meet net-zero ambitions. In a recent report, IEA indicated that global battery and mineral supply chains need to expand ten-fold to meet projected critical minerals needs by 2030.

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Elementum

OCTOBER 3, 2018

But issues surrounding labor and rising fuel prices pose real threats to the freight industry. According to Seaport Global Securities LLC analyst Kevin Sterling, between 60,000 and 100,000 drivers are needed to meet the demand for trucking services. For comparison, in 2016, diesel fuel prices were just US $2.14 per gallon.

Freight 60

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The Logistics & Supply Chain Management Society

APRIL 19, 2023

According to the IHS Markit 2022 Automotive Market Outlook, the European car production forecast for 2022 decreased by 2 million in comparison with the forecast predicted only eleven months prior. As post-pandemic maritime export volumes soar, global ocean freight transportation is in a critical position. million cars.

Agile and Lean Supply Chain 130

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Zipline Logistics

MAY 19, 2020

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. That is e specially the case for outbound freight in southern states and California where produce season is in full swing. . Logistics? ? .

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ToolsGroup

AUGUST 1, 2022

Reports indicate that returns are higher when products are sold online, with an average return rate of 30% for ecommerce purchases, in comparison with 10% for brick-and-mortar sales. Find out how MFP can help you more accurately forecast purchasing needs, meet financial goals, and drive optimal inventory levels.

Retail 296

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20Cube Logistics

FEBRUARY 11, 2022

Additionally, when the ports are facing capacity crunch or the tariffs of ocean freight and container skyrockets, it iis airfreight that comes as the savior. With the current business scenario changing at a rapid pace, the freight forwarding industry is shifting its focus towards airfreight. Capacity Crunch of Ocean Freight.

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EC Sourcing Group

MARCH 12, 2023

Some key metrics for this category can include non-conformance and invoice errors. Non-conformance occurs when the product or the service does not meet the agreed-upon requirements or specifications.

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Turvo

OCTOBER 21, 2021

Reason for the drastic increase in freight prices . Probable events that will lead to a downfall in freight prices. In recent months, businesses and shippers have been plagued with abnormally high freight rates. For comparison, the prices stood at just under $11,000 for a similar container in the last week of July 2021.

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Intelligent Audit

MAY 6, 2021

Of course, that’s possible only if a company can visualize the full movement of freight and know when it makes sense, financially and strategically, to take those steps. Further, data normalization has the ability to cut down on all the noise to uncover a true comparison between carriers, services lanes, and related fees.

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Intelligent Audit

SEPTEMBER 1, 2022

Technology has moved businesses forward in creating efficient processes and gaining improved insights into transportation management and freight spend , but are you using these to your fullest advantage? An important part of logistics network optimization is creating a carrier network established to meet a shipper’s performance goals.

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CH Robinson Transportfolio

JULY 19, 2020

What freight qualifies for LCL shipping. Only freight that can account for added transport time is a good fit for expedited LCL shipping. Only freight that can account for added transport time is a good fit for expedited LCL shipping. LCL shipping vs. full container load (FCL) or air freight. Reduced costs.

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Talking Logistics

JULY 29, 2016

Freightos Launches First International Freight Marketplace to Power $2 Trillion Worth of U.S. In other technology news, Freightos announced “the launch of the world’s first online marketplace for international freight, providing instant comparison, booking, and management of freight services from multiple logistics providers.”

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GlobalTranz

JULY 28, 2015

The transportation mode LTL, or Less Than Truckload, has grown to become the predominant, preferred means of freight transportation across the US. But, absolute gains in LTL freight volumes have been decent, such that tonnage in 2014 passed the pre-recession highs. 3% annual growth after that. LTL Providers Reach Capacity.

Purchasing Skills 120

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Intelligent Audit

SEPTEMBER 16, 2021

Freight invoice auditing and payment processing form a major revenue opportunity for shippers looking to cut costs. However, in-house versus outsourced freight audit and payment can have a significant effect on ROI. ” Still, it can be hard to understand what a freight audit entails and how it adds value.

Freight 52

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ThroughPut

FEBRUARY 23, 2024

In short, AI for demand forecasting facilitates the creation of an agile ecosystem where companies can predict demand in real-time and can quickly adapt to meet the changing demands of their customers. You need to balance between meeting demands optimally and adopting cost-effective production means. You can read more about it here.

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GlobalTranz

JANUARY 30, 2015

If portions are supplied from other parties, it is vital to expose possible exceptions or differences in interpretations of the data provided in comparison to what you control. LinkedIn The post 3 Requirements for Meaningful & Useful Data in Transportation & Business appeared first on Freight Logistics Company | Cerasis.

Transportation 120

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Supply Chain Game Changer

NOVEMBER 19, 2018

Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. The Supply Chain team must always meet the demands and pressures that the organization demands. And the reality is that Supply Chain must be cost-effective.

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Zipline Logistics

SEPTEMBER 29, 2020

The past three quarters have been anything but typical for the freight market and the domestic economy at-large. The arrival of COVID-19 sent freight volumes skyrocketing to keep up with panic buying at retailers nationwide. Following the short downturn , the freight market began a rapid recovery that has yet to cool off fully.

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Freight Center

OCTOBER 17, 2019

Bringing in the right amount of goods at the right time helps retailers and manufacturers alike meet consumer demands and maintain customer satisfaction. This is where shippers everywhere benefit from a transportation management system (TMS) to centralize all available carriers, lanes and rates side by side for comparison.

Shipping 47

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Supply Chain Game Changer

AUGUST 13, 2021

In comparison, the external dimension refers to the outside size. There are different types of boxes that meet every shipping need. There are two types of sizes that you have to consider. The first one is the internal dimensions and the other is the external dimensions. The internal dimension refers to the space inside the box.

Shipping 111

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AFFLINK

JUNE 14, 2016

We've suggested four of the most valuable key performance indicators (KPIs) to determine whether or not your sustainable supply chain management strategy is meeting your intended outcomes. Once you know your energy usage rates, you can start making comparisons, and find ways that you’re losing money or energy. You're not alone.

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Logistics Viewpoints

SEPTEMBER 1, 2023

Flight activity in May and June, by comparison, was relatively stable. One of the major agreements includes the country’s National Guard meeting monthly with AMOTAC officials to create enhanced safety measures on the country’s roadways to combat cargo theft. year-over-year decline, processing 684,290 20-foot-equivalent containers.

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Ware2Go

APRIL 18, 2022

The Amazon distribution network may not always meet the needs of third-party sellers. By comparison, Walmart has over 5,000 retail stores. This guide contains tips for merchants looking to build their own Amazon fulfillment network to support growth on Amazon and beyond. About the Amazon Distribution Network.

Network Optimization 59

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MIT Supply Chain

SEPTEMBER 11, 2014

In the freight transportation industry economies of scale can be achieved by aggregating similar loads in geographic areas that are in close proximity to each other. Key to determining the viability of shipments is whether they meet the firm’s profitability requirements. Optimizing private fleet load selections. Pathways to a verdict.

Modeling 61

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Elementum

AUGUST 9, 2022

I was sitting in a product development meeting recently with Elementum’s Head of Product Management, Jon. Constraint-based design: converting risks into opportunities I’d like to kick this conversation off with a quick story about how design-constraints can lead to breakthroughs.

Supply Chain Design Software 78

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FLEXE

OCTOBER 20, 2016

She identified which model she wanted and then comparison shopped online. Meeting customers’ demand for flexible shopping options is more complicated than ever before. Supply chain managers are feeling the pressure to add flexibility and agility to their network to meet these new customer expectations. Pop-up Distribution.

Logistics Network Optimization Software 66

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BR Williams Supply Chain Management

JULY 7, 2023

After being in this industry for the past year or so, if you were to ask me to explain what “logistics” truly means, the best comparison I can articulate would be to the sport of parkour. We use these principles, along with some creativity, to service our customers by moving their freight as efficiently as possible. Meet Our Team!

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GlobalTranz

JULY 14, 2017

Freight Damage. Freight damage occurs, but it should not be occurring frequently and without reason. Shippers tracking damage need to also track average costs associated with damaged freight, including returned items, refused shipments, insurance claims and changes in insurance premiums using Less-than-Truckload data.

Data 151

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Turvo

FEBRUARY 9, 2021

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. Best Practices in Using Freight Data.

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Elementum

APRIL 22, 2015

Furthermore, the permissions the FAA grants with its Section 333 exemptions are very limited by comparison. Last year Rolls-Royce unveiled a virtual prototype for unmanned freight cargo ships, showing that the future of drones isn't exclusively airborne. Red Tape Will Delay But Not Discourage the Future of Autonomous Vehicles.

Cost Reduction Strategies 60

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Logistics Viewpoints

OCTOBER 6, 2023

The moves come one day before senior administration officials are set to visit Mexico, whose cartels are part of the global trafficking network, for meetings expected to involve discussion of the drug threat. The decline in flights appears to be near the bottom of the cycle after dropping 30% at FedEx and 20% at UPS at the start of the year.

Logistics Network Optimization Software 246

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FLEXE

OCTOBER 20, 2016

She identified which model she wanted and then comparison shopped online. Meeting customers’ demand for flexible shopping options is more complicated than ever before. Supply chain managers are feeling the pressure to add flexibility and agility to their network to meet these new customer expectations. Pop-up Distribution.

Supply Chain Software 38

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Talking Logistics

JULY 17, 2018

Below is a comparison of 2017 vs. 2018 parameters for oversize shipments: Source: enVista. Shippers of specialized goods that meet the first and any of the other following conditions will be most affected: Have long or large packages. Have lightweight/low density freight (e.g., What Has Changed? Who is Most Affected?

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