Freightos

JANUARY 15, 2024

The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began.

Negotiating Skills 290

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 290

Logistics Viewpoints

DECEMBER 1, 2023

And now on to this week’s logistics news. Walmart shipped one quarter of its U.S. million km) using battery-electric vehicles hauling customer freight. Schneider says it began running the trucks to haul customer freight in January. That compared with just 2 percent in 2018. It also operates two electric yard tractors.

Logistics Network Optimization Software 231

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Logistics Viewpoints

FEBRUARY 7, 2024

However, sustainability in logistics goes well beyond these initiatives, especially when we begin to look at energy transition. Logistics providers contribute to the total picture of sustainability for many organizations, and they are clearly falling short. Ocean shipping can play a big role in sustainability and energy transition.

Waste Reduction 263

Waste Reduction Supply Chain Design Software Optimal Sourcing Supply Chain Optimization 263

Freightos

DECEMBER 2, 2021

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. Starting in July 2020, the impact of this trend became obvious when ocean freight prices shot up, and have continued rising. What’s changed in a year?

Price Reduction 177

Price Reduction Cost Reduction Strategies Freight Supply Chain Disruption 177

Logistics Viewpoints

FEBRUARY 17, 2023

And now on to this week’s logistics news. Descartes Systems Group , a global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired GroundCloud, the creator of a cloud-hosted final-mile automation platform, for $138 million. The average contract cost of shipping a container from China to the U.S.

Logistics Network Optimization Software 201

Logistics Network Optimization Software Waste Reduction Cost Reduction Strategies Resource Reduction 201

GlobalTranz

DECEMBER 5, 2018

Black swans in the supply chain refer to unexpected, unusual disruptions within the supply chain, reports Melanie Nuce of Inbound Logistics. 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.

Price Reduction 168

Price Reduction Resource Reduction Cost Reduction Strategies Inventory Reduction 168

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels.

Optimal Sourcing 130

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GlobalTranz

AUGUST 11, 2021

The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. Shippers should consider the following as indicators for when to add an outsourced managed logistics transportation services provider. Take an example.

Logistics Network Optimization Software 294

Logistics Network Optimization Software Transportation Supply Chain Software Supply Chain Planning Software 294

Logistics Viewpoints

JANUARY 21, 2021

Large swings in supply and demand for different product categories and changes in distribution patterns left logistics managers grappling with the biggest challenge of their careers. Challenges that were made all the more difficult by one of the most basic yet complex questions in logistics, “How long will it take to get there?”

Predictive Analytics Software 344

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The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. In this article, we explore the pros and cons of the alliance model in the shipping industry, compare the solo strategy versus alliance strategy, and provide tips on how shippers can prepare for market swings.

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

Freightos

APRIL 27, 2023

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

Freight Data Prescriptive Analytics Software Negotiating Skills 156

Operations and Supply Chain Management

JANUARY 25, 2021

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. Compared with last March’s low prices, freight rates from China to the U.S. KEY POINTS.

Examples 59

Examples Shipping Singapore Asia 59

GlobalTranz

FEBRUARY 25, 2021

What is reverse Logistics? Before we dive in the nuances of reverse logistics, otherwise known as return logistics, integration, let's briefly recap what reverse logistics is. Reverse logistics refers to all operations related to the reuse of products and materials. Managing return logistic can be challenging.

Reverse Logistics 210

Reverse Logistics Logistics Network Optimization Software Material Savings Logistics 210

Logistics Viewpoints

NOVEMBER 8, 2023

The dashboard is part of a broader Sustainability Hub, which allows companies to collaborate and access freight emissions from FourKites tracked freight. Companies can accurately calculate shipping level emissions and compare them across specific time intervals. It is also the best play for long term sustainability.

Benchmarking 217

Benchmarking Sustainability Optimal Sourcing Sourcing Strategies 217

Freightos

JUNE 15, 2021

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. Container shipping costs are usually shockingly low.

Global 396

Global Supply Chain Price Reduction Supply and Demand 396

20Cube Logistics

DECEMBER 16, 2021

Examples of common perishable goods include fresh meat, frozen food, pharmaceutical drugs, and flowers. Different perishable goods have different requirements for storage and handling, which makes things complicated for air freight transporters. These considerations include: Preparing perishable goods for air freight shipment.

Freight 54

Freight Shipping Australia Pharmaceutical 54

Logistics Viewpoints

NOVEMBER 2, 2021

When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. It’s an apt metaphor for ocean shipping these past many months. And the list goes on.

Supply Chain Planning Software 184

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The Logistics & Supply Chain Management Society

APRIL 26, 2022

Greener Shopping and Shipping: The Rise of Carbon Neutral e-Commerce Delivery. There is a long way to go, particularly for brands whose products are shipped thousands of miles to reach overseas customers, requiring air freight transportation to keep within acceptable delivery times.

Shipping 243

Shipping Material Savings Procurement Analytics Waste Reduction 243

Zipline Logistics

APRIL 4, 2023

Freight Market California’s AB5 AB5 has the potential to destabilize the trucking market in California, which can create a variety of issues for shippers moving freight in and out of the state. Large impacts on the freight market remain to be seen. In just one category – we’ll use juice as an example – that equates to $50.17

Freight 76

Freight Price Reduction Expense Reduction Cost Reduction Strategies 76

Ware2Go

JUNE 20, 2023

See the latest insights on ocean freight rates and other trends that fast-growing businesses should know about to plan for 2023 peak season. In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates?

Negotiating Skills 98

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Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. The two U.S.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Shipchain

MARCH 13, 2019

While there is much truth to the hype, it is important to stay practical and understand the logistics applications of blockchain and what they mean for you and your organization. Logistics Applications of Blockchain Maintain Data for All Parties. Payment Management Forms Another Key Freight-Use for Blockchain-Based Systems.

Supply Chain Planning Software 119

Supply Chain Planning Software Analytics Software Logistics Network Optimization Software Freight 119

Supply Chain Game Changer

OCTOBER 13, 2022

Featuring Our Top 16 Articles on Freight and Logistics! In shipping and logistics, building strong relationships with your freight or carrier company is often underestimated. Moreover, finding a reputable freight company that ticks all the boxes of what you’re looking for can often be a considerable challenge.

Freight 106

Freight Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software 106

Freightos

JANUARY 4, 2018

The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Bringing Freight Online In The Carrier Space. By Zvi Schreiber, CEO, Freightos.

Freight 137

Freight Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software 137

Logistics Viewpoints

MAY 20, 2022

We are seeing it now in terms of truck drivers and warehouse workers, and Walmart is an example of a company that has been trying to get ahead of these shortages by offering higher wages and on-the-job perks. And now on to this week’s logistics news. Autonomous cargo ship completes 500-mile voyage.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 197

Freightos

JANUARY 8, 2019

The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. It should come as no surprise that we are running out the clock until Amazon competes with more aspects of the logistics industry. Four Core Themes Shaping Logistics. Online freight booking.

Freight 150

Freight Pricing Training Negotiating Skills Purchasing Training 150

GlobalTranz

DECEMBER 5, 2014

Shippers are often challenged when dealing with the freight classification system from the National Motor Freight Classifications (NMFC) book, the code numbers assigned to all products that determine the correct freight class for shipments. A Brief on Freight Classification.

Freight 244

Freight Negotiating Skills Third Party Logistics Expense Reduction 244

GlobalTranz

APRIL 13, 2017

Most shippers have existing vendor compliance programs in place within their vendor inbound logistics guide. Unfortunately, the traditional logistics of sending out paper guides and even keeping updated online versions has grown complex and difficult to control.

Vendor Strategies 123

Vendor Strategies Cost Reduction Strategies Expense Reduction Material Savings 123

Supply Chain Game Changer

FEBRUARY 1, 2022

Featuring Our Top 16 Articles on Freight and Logistics! Logistics has been in the news a lot lately, and it will continue to be for some time to come. In March of 2021 we heard about Logistics when a ship blocked passage through the Suez Canal. What is Logistics exactly? Definition of Logistics.

Logistics Network Optimization Software 89

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Talking Logistics

AUGUST 13, 2018

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” Rising Freight Spend . One area that can quickly yield benefits is in parcel shipping.

Negotiating Skills 103

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Freightos

JANUARY 4, 2018

The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online. In the first part of this article , Dr. Schreiber observed that freight is still largely offline and examined why freight digitalization has been so complicated. . Bringing Freight Online In The Carrier Space. By Zvi Schreiber, CEO, Freightos.

Freight 120

Freight Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software 120

Logility

JULY 5, 2023

Here are 3 examples: Enhanced Demand Forecasting Accurate demand forecasting is the cornerstone of effective supply chain planning. Take for example, a leading consumer electronics company utilizing generative AI to predict demand for its products during the holiday season. Generative AI can help you navigate your data better.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Planning Modeling Scenario Planning 191

Supply Chain Game Changer

APRIL 15, 2022

Featuring Our Top 16 Articles on Freight and Logistics! Freight forecasting is a method of predicting what the freight market will do in the days, months, and years to come. If you want to understand the significance of freight demand modeling, you should understand a bit about the job of a freight forecaster.

Modeling 90

Modeling Modeling Software Demand Planning Software Supply and Demand 90

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. Navigating an Increasingly Challenging Logistics Landscape. It’s challenging for logistics providers to keep up, even in perfect supply chain conditions. due to the higher costs associated with online selling.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

Talking Logistics

JANUARY 16, 2018

Assuming current trends hold, and NAFTA remains largely intact, here are five things to consider when managing cross-border logistics between the United States and Mexico: 1. Understand the 3-Legged Freight Movements at the Border. Companies carrying freight across the U.S.-Mexico For example, a U.S.

Mexico 205

Mexico Logistics Network Optimization Software Optimal Sourcing Logistics 205

ShipBob

APRIL 18, 2024

This concept plays a crucial role in global shipping and customs, significantly impacting ecommerce businesses and consumers who purchase products internationally. For businesses involved in cross-border ecommerce, understanding the de minimis threshold is vital for calculating the total cost of shipping goods internationally.

Price Reduction 98

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 98

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68