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It creates a single source of truth for your rate management, automating RFQs and streamlining the entire procurement process. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
Below, we dive into their key takeaways and explore five practical ways to make your logistics data actionable, with insights grounded in industry trends and high-authority sources. The Logistics Data Challenge The logistics sector is awash with data, from shipment volumes and freight rates to sustainability metrics and supplier performance.
FreightWaves has announced that Leland Miller, CEO of China Beige Book International, will deliver a keynote address at the upcoming Future of Freight Festival (F3) this November. The event, a premier gathering for freight and logistics leaders, promises to equip attendees with forward-looking strategies amid ongoing U.S.-China
It creates a single source of truth for your rate management, automating RFQs and streamlining the entire procurement process. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
Home Container rates surging as shippers rush ahead of deadlines – June 10, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Start your week with the industry insights others miss. "
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently. Leadership Perspective We’re not just changing a name.
Book a Demo T he Inspiration Behind Freightos Enterprise A little over a year ago, my team and I embarked on an extensive listening tour, sitting down with nearly one hundred enterprise shippers and BCO senior executives from the supply chain and logistics sectors. Our approach with Freightos Enterprise is fundamentally different.
About the Chart of the Week The FreightWaves Chart of the Week is a chart selection from SONAR that provides an interesting data point to describe the state of the freight markets. A chart is chosen from thousands of potential charts on SONAR to help participants visualize the freight market in real time.
However, the extent of inland freight movement will depend largely on inventory levels, many of which were already elevated in anticipation of the tariffs. For inland freight demand to surge, inventory levels in interior markets will need to show meaningful reductions. To request a SONAR demo, click here. While direct U.S.-bound
In weaker markets, carriers are generally more willing to accept freight, so rising rejection rates in a down market carry more weight. While much of this decline stems from mode shift—particularly in long-haul freight moving to intermodal—recent trends suggest that overall demand may also be softening.
Health-related absenteeism has resulted in reduced output, while transportation delays are echoing the freight challenges seen during the height of the COVID-19 pandemic. Companies relying on lean inventory models or single-region sourcing are particularly exposed. Chat with our experts and book your demo now.
Enhancing the sourcing process: Identifies optimal suppliers by evaluating pricing, lead times, and risk factors. Optimizing carrier selection: Identifies the most efficient carrier in real time by factoring in freight rates, traffic, weather, and historical performance. Ready to begin your journey with AI in supply chain?
Weak overall demand has kept the truckload market from meaningfully rebounding, but the loss of longer-haul freight is compounding that stagnation. The primary driver behind the declining average is the shift of long-haul freight to intermodal, though demand for regional truckload moves has also softened.
Freight recession gets an extension After what looked like a straightforward path toward a much stronger freight market in 2025, transportation service providers are closing out the first half of the year in no better position than they were 12 months ago. To request a SONAR demo, click here. What’s next?
Recent policies cover sustainable and ethical efforts, such as sustainable sourcing , diversity initiatives, and environmental impact. Unsustainable sourcing. If your company bids on public contracts, sources materials from overseas, or sells products across the country, your procurement process has to meet applicable requirements.
Triple Whale Triple Whale is a data integration platform to help you maintain a single source of truth for all your ecommerce data. Look at reviews and demos, and consider free trials to perform a thorough assessment of each platform before investing in it. million in freight cost savings for Our Place.
Triple Whale Triple Whale is a data integration platform to help you maintain a single source of truth for all your ecommerce data. Look at reviews and demos, and consider free trials to perform a thorough assessment of each platform before investing in it. million in freight cost savings for Our Place.
Both contribute to overall sourcing cost savings. Book a Demo Common Missteps in Achieving Procurement Cost Reduction Cost reduction promises big rewards, but a misstep can lead to greater costs later. Reduce freight and logistics costs. If they prevent an increase in material costs, that’s cost avoidance.
As we look toward the next year of transformation in logistics and sourcing, I invite you to reflect on how your organization is balancing technology innovation with human expertise. Oliver Esch Oliver brings 15+ years of logistics and supply chain expertise to the table.
– May 7, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. In any case, the reduction in US sourcing from China for the last few weeks will start to be felt soon in fewer May container ship arrivals and lower import volumes.
Home TPM25: Key Takeaways on Trade wars, the Red Sea and Tech for 2025 Discover the latest insights on US trade wars, Red Sea shipping disruptions, and freight technology trends from TPM 2025. But panels dedicated to freight tech were a major feature too.
Home April 16, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. For freight, last weeks reciprocal tariff roll out resulted in reports of a widespread drop in container bookings out of Asia.
sourcing (but for now, its only a consideration, with only 6% having shifted production) Screenshot Of course, for many, even the 90 day delay isnt much of a reprieve: As Judah Levine, head of research at Freightos, shared in a recent webinar : Thirty-percent U.S. This could bolster freight rates.
Blog More Resources Home A Volatile Year Ahead: Scenarios for Ocean Freight in 2025 Judah Levine Freightos was delighted to host its seventh annual FreighTech conference recently, bringing together leaders in What does 2025 hold in store for ocean freight ? Stay informed every single week with our free weekly freight update.
Scan the programme early Four forum stages (A1, A2, A3, B1) plus an Exhibitor Stage host topics like Global Supply Chains 2030, Digital Platforms for Road Freight and Ports of the Future. Eytan Buchman CMO, Freightos Group Eytan Buchman loves freight so much he shouts out container sizes while he walks around.
But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. 18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen. Get Your Custom Report Now!
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently. Leadership Perspective We’re not just changing a name.
It creates a single source of truth for your rate management, automating RFQs and streamlining the entire procurement process. billion rate data points monthly to provide the most comprehensive view of the market, helping you identify savings opportunities and make data-driven decisions.
One-third of respondents (33%) paused shipments entirely, while 29% are exploring alternative sourcing options outside of affected regions. Interestingly, while rates from China have declined, prices from Taiwan and Vietnam have remained elevatedlikely reflecting importers’ rapid pivot to alternative sourcing markets.
The catalyst was fairly simple – there are freight conferences and tech conferences, but few that really mesh both very well. There was also some startling consensus on some core ideas: Freight is complex and transformation won’t happen overnight. Freight used to start with a golf game or a phone call. It already has.
The increase in the volume and use of digitized freight data has made the need for – and lack of – industry data standards all the more acute. At Crane, successful integration of disparate data sources is already leading to cost savings by eliminating duplicate work and many errors. are growing too.
Visibility Through Volatility Mitigate supply chain disruption by synchronizing tendering, rate validation, and freight bookings. More concerning, we found that manual processes have an average error rate of 4-6%, which may seem small until you consider the impact on a $50M+ freight spend.
There is no solution to optimize source, make and deliver together or drive bidirectional orchestration to execute trade-offs between functions automatically. Examples include alternate sourcing, bill of material changes or alternate modes/routing between the planning, procurement and transportation.) A supply chain visibility demo.
Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030. The Sustainable Freight Action plan released by California governor Jerry Brown outlines a long-term 2050 vision and guiding principles for California’s future freight transportation system. Source: Commerce Dept.
The comment caught my attention because later that morning I was going to moderate a discussion with Dan Dershem , General Partner at Supply Chain Ventures, about emerging technologies such as blockchain, artificial intelligence and machine learning, autonomous trucks, and digital freight. Digital Freight. Blockchain.
Delivery Connect is designed to manage the movement of freight from the shipper to the end receiver, including scanning, proof of delivery (PoD), exception management, cross dock and in-depot activities through to job dispatch, customer service and reporting. See also news from Onfleet linked above.
Source: Amazon patent. I haven’t seen a demo of the solution, so I can’t comment on its functionality. For related commentary, see The Rebirth of Transportation Marketplaces (UberCARGO, Cargomatic, and Freight Friend).
Turvo offers freight brokers, 3PLs, and shippers the ability to connect with their customers, carriers, and third parties for full order-to-cash shipment execution. Reach out to their team to request a demo today. If you’re looking for a new TMS, Turvo’s connectivity and functionality are worth exploring further.
Furthermore, unifying supply chain data within a single source of truth and applying big data analytics go together. By combining these functions, supply chain leaders can finally create the most up to date freight forecast for the 2020 logistics peak season and better accommodate its changes and needs.
A Request for Proposal (or RFP as it is more commonly known) is one of the most important pieces in sourcing and procurement and the overall supply chain. However, this can be a tedious process if you’re still sourcing using spreadsheets or haven’t made your procurement process digital quite yet. Ocean freight. Office supplies.
” He adds, “Not only do last mile delivery costs make up a substantial portion of the total freight, but most delivery networks aren’t built to handle the increased customer demand for door-to-door white-glove service.
Inflation is a problem in the United States, but it’s also a worldwide problem, which can adversely affect your supply chain , particularly if you practice global sourcing. Deep analytics and spend analysis should give you a thorough understanding of current markets, but many other things can be accomplished with solid sourcing software.
One source of delays and expenses associated with supply chain final delivery is the paperwork involved. One rising trend is the continued focus on pharmaceutical and other temperature-controlled freight transportation. Contact OneRail for a demo and learn more about maximizing last-mile delivery in retail today.
It makes global sourcing in supply chain management more possible and efficient. Logistics and freight movement is more straightforward in these crazy times. To find out more about supply chain management cloud software or to receive a demo, contact us at EC Sourcing Group today at 973-936-9672 to speak with a member of our team.
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