article thumbnail

Freight Market Intelligence: Data is crucial, but context is king

Freightos

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

Freight 156
article thumbnail

?Best Practices to Improve OTR Transportation

GlobalTranz

Capturing carrier data gives you more visibility into your freight spend and enables you to make data-driven decisions that positively impact your business. Leverage TMS technology platforms to source OTR transportation capacity in tight markets, keep information in context, and stay informed with real time visibility.? a shipment?doesn’t

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

GlobalTranz

For freight, managing black swan events, like risk mitigation , means finding problems that are on the verge of causing disruption and taking advantage of resources to minimize their impact. For shippers, this means finding a way to handle changes in inventory and replenishment, as well as managing outbound freight and reverse logistics.

article thumbnail

How Regional Networks Create Trucking Efficiency

GlobalTranz

While large national networks comprise a significant percentage of transportation service providers' shipping options, several challenges present if these are the only OTR freight transportation sources considered, including. Download the White Paper: Over the Road Freight Management Trends. current LTL transportation ?rates

article thumbnail

When to Switch From In-House to Managed Logistics Transportation Services

GlobalTranz

Indicator 2: Freight Spend Seems to Be Spiraling Out of Control. Another indicator of switching from in-house to managed logistics transportation services is expanding freight spend. During times of high market volatility, freight spend will inevitably grow faster than anticipated. This can be a confounding issue.

article thumbnail

LTL Capacity Best Practices in Times of Tight Freight Capacity

GlobalTranz

LTL capacity has routinely been used as a source of added capacity when full truckload becomes unavailable. LTL capacity is quickly becoming harder to find, and full truckload carriers have already started to turn away freight. Download White Paper. Schultz of Logistics Management, benefits for LTL drivers may also be higher.

Capacity 151
article thumbnail

Strategic Priorities for Post Pandemic Supply Chains

The Logistics & Supply Chain Management Society

Many companies will reconfigure their supply chains to a much more regional approach, whereby production and sourcing are relocated closer to the final consumption markets, i.e. more local and less global. Digitalization Digital disruption is impacting most industries and people.