Market Update: Seasonal Freight Surge and Consumer Forecast

PLS Logistics

Freight 3PL CarriersAdobe Digital Intelligence says that 31% of consumers start shopping before November 1, and 27% will start before Thanksgiving, so the supply chain plans for the holiday season for months and months in advance.

Digital Freight in 2019: The Next Chapter

Freightos

Old forecasts are like old news – soon forgotten – and pundits are almost never asked to reconcile what they said with what actually happened. In 2019, digital freight isn’t a vision; it’s a reality. So where will freight be in 2019?

Trucking & Freight Management Trends to Know in 2019

Cerasis

Freight management is crucial for companies around the globe. Effective freight management reduces delays for consumers, helps companies offer Amazonesque shipping benefits and much more. Shippers that wish to succeed in 2019 need to know the top trucking and freight management trends for 2019 and how they will affect shipping practices, global trade, last-mile , and even drivers. How To Determine Freight Class: Density Calculator & Printable Resource.

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What Freight Brokers Should Expect in 2015

Cerasis

As a freight broker , you know the importance of staying ahead of trends in your business. 2014 was a dynamic year for shipping and freight, and 2015 might present us with some surprising changes as well. What does this mean for freight? Freight Broker Info freight broker 2015

The 7 Best Events For Freight Shipping in 2015

Cerasis

Are you up-to-date with the latest events in freight shipping and logistics? As you know, the atmosphere for freight brokers is only getting more competitive. Staying current in the world of shipping and freight also takes strong networking and communication.

Freight Data Trends for 2019 and How a TMS Will Grow in Value

Cerasis

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. Data Freight Omnichannel Transportation Management Trends

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Strong Freight Forecast Expected Thru 2026, What It Means for Shippers & 5 Things to Get Prepared

Cerasis

Freight Transportation Forecast to 2026. Take a look at some of the specifics of the Freight Forecast and how shippers may adapt to the coming increases. Vitals of the Freight Forecast. Some of the highlights of the Freight Forecast include a dramatic increase of 28.6 percent in freight volume within the next 11 years. US trucking freight will experience a slight decrease in total market share from 68.4

What You Need to Know About Demand Forecasting

Unleashed

Demand forecasting is the process of estimating the number of products that customers will be willing to purchase in the future. It’s a crucial aspect for many companies and inherent in more reliable demand forecasting is demand planning. Demand planning refers to the use of forecasts and experiences in estimating demand for different items at different points in the supply chain. Business Tips demand forecasting inventory control inventory planning

Freight Forecast: Is the worst yet to come?

DAT Solutions

It’s natural to prefer predictability over surprise in many parts of your life, but as the axiom says, “change is inevitable.” That is especially true in the factors affecting the transportation industry, whether it’s the daily truckload rate for St.

Managing Freight Spend and LTL Shipping Process to Attain “Best In Class” Shipper Status

Cerasis

We continue our series on what makes up a "Best in Class" shipper by taking a deeper dive into #4 and #5 of the 10 areas that "Best in Class" Shippers must master : Freight Spend Management and a focus on LTL Shipping Process. Managing Freight Spend and LTL Shipping Process. Let’s take a look at how freight spending management and managed processes can prevent these issues from occurring. What Is Freight Spend Management? Management of Incoming Freight.

Freight Rates News December 2015

Freightos

Freight Rates News. Freight and logistics trends that rate in the news. OUR TAKE There is a lot more flexibility with parcel delivery, but some aspects of this change also applies to freight. Overcapacity has plunged freight rates, profit, and prompted mergers.

6 Benefits of Transportation Consolidation Programs & How They Reduce Freight Spend

Cerasis

For manufacturers and shippers, freight spend represents one of the largest costs to the respective company. However, freight rates are continuing to increase , yet the end users continue to demand lower shipping rates. How Do Transportation Consolidation Programs Reduce Freight Spend?

6 Trends Affecting Inbound Freight Management!

Supply Chain Game Changer

Successful inbound freight management depends on a strong logistics management program. Shippers need to have a robust set of controls in place, a high-quality inbound freight routing guide , automated tracking technology, reporting capabilities, and much more. Shippers need to understand the trends throughout the industry affecting inbound freight management and how to plan accordingly. Congress Will Affect Successful Inbound Freight Management. Subscribe Here!

Hurricane Harvey - Effects, Forecasts, and Operational Best Practices

Elementum

Catch up on the effects and forecasts of Tropical Storm Harvey below: EFFECTS. Authorities forecast the winds brought by the storm to reach 185 kph or higher. FORECASTS.

7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. Smaller companies have lean shipping departments and are often focused on moving product with little time and energy remaining to negotiate contracts and analyze freight spend. Disaggregate freight spend data. When analyzing freight spend, the devil is in the details.

Today’s Freight Capacity Crisis: Where Do We Go from Here?

Talking Logistics

More than a year into a freight capacity crisis that shows little sign of weakening, it’s time for all parties involved in logistics and freight transportation to meet this issue head on. Freight Capacity Crisis: How Did We Get Here So Quickly?

What Value Are You Getting From Planning?

Supply Chain Shaman

2) Forecast Value Added. Forecast Value-Added (FVA) is a measurement of demand management improvement. This measurement adds discipline to the forecasting process by comparing the error and bias of the forecast as compared to the Naïve Forecast.

Ten Business Reasons Why Demand Forecasts Matter

Creating Supply Chain Excellence

Many people who work in supply chains are familiar with the old saying, “The forecast is always wrong.”. In fact, accurately forecasting customer demand—neither over-forecasting nor under-forecasting—matters in many ways for every manufacturer, wholesale distributor, and retailer. Reasons related to under-forecasting: Customers count on on-time shipments. In the worst case, under-forecasting may cause customers to lose business.

How to Plan for Common Disruptors in Ocean Freight

Talking Logistics

Peak season for ocean freight shipping is underway. Red: Space is extremely tight and forecasting is imperative. This blog examines the “red” times, like the roughly three-month period we have just entered that is historically one of the regular disruptors in the ocean freight market.

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Revenue Management for Rail Freight Profitability

Talking Logistics

The current outlook for the rail freight industry is, at best, mixed. Where rail freight once was the price-competitive transport mode of choice, low fuel prices and increased availability of trucks in the spot market have resulted in low freight rates that are expected to remain low¹.

Supply Chain looks to Weather Forecasts to Predict Retail Channel Performance

BluJay Solutions

However this does have a fairly big impact on demand forecasting and stock availability as well as demand for fulfillment, as the weather starts to become an unpredictable yet reliable indicator of the preferred retail channel. We’re also keeping an eye on the weather forecast….

The National Truck Driver Shortage is Threatening the Freight Industry

Elementum

The trucking industry, which moves 70% of US freight, has been facing a driver shortage for the past 15 years. The hour-of-service regulation has affected the industry’s productivity, hence the need for more trucks and drivers to move the same amount of freight.

23 Reasons the Ideal TMS is best for LTL Freight Shipping

Cerasis

The ideal TMS allows you to see where your resources currently are, and forecasting abilities give you the ability to determine what resources are available to train new hires. Freight Consolidation. Sometimes, the lines between FT and LTL are blurred, especially when all LTL shipments are compiled into FT via freight consolidation. LinkedIn The post 23 Reasons the Ideal TMS is best for LTL Freight Shipping appeared first on Transportation Management Company | Cerasis.

Overcoming Ocean Freight Procurement Hurdles in 2019

CHAINalytics

Many organizations are consistently missing the mark with their transportation spend due to contract rate increases and fluctuating spot rates on ocean freight lanes.

Transportation TIP List: Week of February 24th, 2019

Transplace

State of the Economy is Sound” and Forecasts Retail Sales Will Grow : The NRF recently forecasted that retail sales during 2019 will increase between 3.8% annual increase in containerized freight, which “will do little to alleviate the congestion being felt at U.S.

Logistics in 2020: The Future of Air & Sea Freight

BluJay Solutions

Globalization has meant that air and sea freight play a major role in getting consumer goods on the shelves in stores (online and virtual). In a recent white paper , Kewill has looked at the issues facing the global supply chain , especially logistics services providers and freight forwarders , and how it may look in 2020, including the future picture for air and sea freight. as the world’s largest trading nation by 2016, (according to a 2012 forecast HSBC Holdings Plc).

Why Thinking “Global, Yet Local” Makes Sense in Your Air Freight Strategy

CH Robinson Transportfolio

Why Thinking “Global, Yet Local” Makes Sense in Your Air Freight Strategy | C.H. If you utilize air freight to the Oceania region (Australia and New Zealand), you can certainly use our expertise to minimize the impact of market forces and streamline the flow of air-cargo to work in your favor.

How to Plan for Common Disruptors in Ocean Freight

CH Robinson Transportfolio

Peak season for ocean freight shipping is underway. Space is extremely tight and forecasting is imperative. This blog examines the “red” times, like the roughly three-month period we have just entered that is historically one of the regular disruptors in the ocean freight market.

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4 Seasons of Freight

PLS Logistics

Still the beginning of the year, and we are all looking forward to the upcoming months and forecasting what 2018 will bring us in transportation industry. According to this pattern, we forecast and plan for the whole year. Freight Volume Demand transportation topics seasonalWinter Olympics, Valentine’s Day. it’s February 2018!

How Can Transport Management Systems Help The Freight Industry?

Cerasis

For a Freight Forwarding Company , the benefits of TMS are endless. TMS helps companies manage the transportation operations of their business, and so it’s no wonder that these systems are making their way into the Freight industry.

Moving Up The Corporate Ladder, Does Your Freight Spend Have A Seat At The Table?

4WL Consulting

There’s been a shift from executing daily freight transactions to integrating top-level corporate planning and procurement strategies. Seperate Your Freight Spend Data When running an analysis on freight spend, ensure no hidden charges are left out.

Metrics that Matter: Customer Service

QAD

Forecast Accuracy. This is defined as the ratio of forecast to actual demand in a period. Unreimbursed Freight. A high level of unreimbursed freight shows that the team is taking extraordinary measures to satisfy customers. Forecast Accuracy. Unreimbursed Freight.

Weather-Proofing Your Freight Network with a TMS

TMC

Weather-Proofing Your Freight Network with a TMS.Connect. No one knows exactly what weather the impending winter season has in store, but there’s one thing we can be sure about: Some freight networks will be hit by weather-related disruptions over the next few months.

Expectations in Freight Transportation (2017 Edition)

PLS Logistics

The latest American Trucking Association (ATA) report predicts freight volumes and the amount of goods moved by truck will grow. In the US Freight Transportation Forecast to 2027 , between 2016 and 2027, overall freight tonnage will grow a total of 35%.

Does Rail Freight Transportation Really ‘Suck’ that Much?

Logistics Bureau

Why aren’t we using more rail freight in Australia? According to logistics theory, rail freight comes into its own over greater geographical distances. I seem to recall learning back in my Cranfield days that 600 km was the magic number above which rail freight made economic sense.