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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. The freight market is mercurial. One master of freight procurement is Kyle Masters. Mr. Master’s experience at Simmons Foods illustrates many of the distinct characteristics and challenges related to freight procurement.

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Who Is Actually Hauling Your Freight? (Another Supply Chain Visibility Blind Spot)

Talking Logistics

End-to-end supply chain visibility also involves, for example: Knowing where the manufacturing/production facilities of your suppliers (and their suppliers) are physically located, and which parts or materials are. Read more Who Is Actually Hauling Your Freight? The post Who Is Actually Hauling Your Freight?

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Editor’s Choice: Air Freight Forwarders Must Increase Air Cargo Visibility

Logistics Viewpoints

Today’s article is from Blume Global and highlights why air freight forwarders must help industry increase air cargo visibility. With the rapid growth in e-commerce, a growth only accelerated by the pandemic, retailers and manufacturers cite lack of supply chain visibility as one of their largest challenges today.

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High freight costs for importers means higher price tags for consumers

Freightos

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. However, since buying goods manufactured primarily in Asia increased so significantly, demand quickly outpaced supply. But elevated freight rates have pushed costs to $4-5 per unit.

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The Impact of Fast Fashion Giants On Air Cargo

Freightos

Both are exploring efforts that include shifting to ocean freight and establishing warehouses in the U.S., Expanding ocean freight efforts or scaling up domestic fulfillment centers may reduce air cargo demand and, as an extension, rates. Going forward, it’s hard to imagine that anything dramatically changes on this front.

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Ocean Freight: Key Trends & Planning For Peak Season 2023

Ware2Go

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?

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2021 Logistics Outlook: Truckload Freight Market Forecast

GlobalTranz

For example, online shopping will grow faster than expected, and consumer behavior may shift in response to ongoing pandemic-related challenges. To help shippers prepare, we will examine contributing factors that will play a significant role in the 2021 truckload freight market. Tips for Controlling Truckload Freight Costs in 2021.