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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. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.

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Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. During 2022, as consumers shifted their physical goods buying patterns away from products and into travel and services, global shipping volumes steadily declined and so did spot rates.

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3 Best Practices to Improve Your Flatbed Shipping Performance

CH Robinson Transportfolio

Flatbed shipping is an important contributor to the overall economy as several key industries leverage this solution for the movement of their critical freight. When it comes to flatbed shipping, each industry faces unique challenges in seasonality, regulation, competition, and scalability. wind, solar, utilities).

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Hanjin Shipping Bankruptcy

3PL Insights

Global Shipping Effects of the Hanjin Bankruptcy. Hanjin Shipping, a South Korean company and the seventh largest container shipper in the world, filed for bankruptcy on Wednesday, August 31, 2016, which has prompted significant questions and confusion around the world as to how this will affect global shipping.

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Supply Chain Transformation, Part One: The Transformation Imperative

Enterra Insights

He writes, “Global supply chains were clearly in trouble before COVID-19 arrived on the scene, but when it did, the weakness of our time-honored strategies for procurement, production and delivery became shockingly evident. … Transport isn’t the only thing impacted by recent crises. ”[5]. ” Concluding Thoughts.

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How China’s zero-Covid policy is affecting global supply chains

Proxima

From technology to retail, there is a high chance that many of the consumer goods to be found in the average household have come from or through a Chinese port. The threat of sudden lockdowns continues to loom over procurement teams. China’s lockdowns have been a contributing factor to us hurtling towards a global recession.

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Are Global Supply Chains Recovering- One Perspective

Supply Chain Matters

We indicated in our commentary that August usually represents the global supply chain ramp-up for supporting Q3 and Q 4 holiday spending on consumer goods, gifts and seasonal merchandise. The second half of the year has traditionally been the busiest period in material, transportation and logistics flows. and Europe.