Transparency and Overcapacity: Where Freight is Going in 2017

Freightos

Where Freight is Going in 2017. For decades, international freight’s mantra was a simple bigger is better. Sluggish global trade, reduced import volumes and record overcapacity showed that the global freight industry is in dire need of change. Freight Insights LogTech

10 Controversial Freight Predictions for 2016

Freightos

10 Controversial Freight Predictions For 2016. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. Freight Industry Is Finally Online. Freight Insights

Trending Sources

The Future of Freight and How Brokers Fit In

Cerasis

Cerasis is by legal definition a freight broker. As a shipper, you must understand how changes to the freight broker world might affect your rates and understand the transparency of the freight broker you use to see how it impacts them. Autonomous Technology and Freight Brokers.

Freight Classification Errors, Re-Weighs, & Other Common Freight Adjustments Are Eating Your Bottom Line’s Lunch

Cerasis

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.

What Is Free or Freight on Board (FOB), and Why Should Shippers Understand This Term?

Cerasis

One of these terms, free or freight on board, also has irony within its name. What Exactly Is Freight on Board? Freight on board, also known as free on board, refers to a set of Incoterms that govern who owns and pays for a shipment when traveling overseas. Freight prepaid.

Freight Rates News October 2015

Freightos

Since we live and breath freight, we constantly come across information that’s critical for our customers – logistic providers, shippers and carriers. And as freight innovators ourselves, we love seeing more innovation. Freight index jitters.

New Research: Assessing Inbound Freight Management

PLS Logistics

Transportation Spend Inbound FreightTransportation is coming to the forefront of shippers’ cost reduction, efficiency and operational strategies due to its oversized contribution to supply chain costs. Inbound transportation is particularly inefficient and costly, eating up 3.6% to 5.2%

Improving Global Freight Process Management

Talking Logistics

Many companies operating in the United States have achieved an inclusive look into their transportation spend, but unfortunately many companies that do business on a global level have struggled to achieve full freight process management. State-of-the-art transportation management systems (TMS) certainly help with planning and execution, but advanced freight audit and payment processes are also vital toward obtaining complete process management results.

Everything You Need to Know: Spot Market Freight

PLS Logistics

The complexities of a supply chain and the steps for moving freight to its end location are often overlooked. Accurately planning for efficient transportation routes and potential delays comes with many challenges, which is why many shippers turn to a freight broker to ship goods.

Five Technology Trends That Will Change Global Freight

Freightos

Five Tech Trends That Will Change Freight. VC ❤️ Freight Startups. In a decade’s time, freight will likely still be moved in containers and boxes on airplanes and ships. Moving data better means moving freight better. A whopping $13.92

Air Freight: Accelerating Supply Chains

Supply Chain Link

This year has been challenging for air freight. Global Supply Chain 3pl Air Freight Cross-Border Export Freight Forwarding OptimizationDecember 17 th marks 112 years since the first airplane took flight 1.

The Rebirth of Transportation Marketplaces (UberCARGO, Cargomatic, and Freight Friend)

Talking Logistics

It is a relationship-based business where trusted relationships matter — because it impacts customer service and satisfaction, and by extension, the shipper’s brand and reputation — which is why the vast majority of freight is moved via contracted carriers, not the spot market.

Winds of change in freight transportation supply chain: Platooning technology

The 21st Century Supply Chain

I found it interesting to discover that one of their current projects has direct impact on supply chains; more specifically, on freight transportation. tons of freight in 2015, accounting for 70.1% of domestic freight tonnage.

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.

COP21 – Freight and Climate Change

Freightos

The broader climate issue.and freight’s role. The emissions from freighting Shawn’s TV is a miniscule percentage of this year’s 33 billion ton cube. Finding freight’s contribution to GHG took a lot of digging. . and Green Freight Europe. Freight Insight

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.

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

Bringing Freight Online with WebCargoNet and Freightos

Freightos

Bringing Freight Online With WebCargoNet And Freightos. But this story is more about a vision for a better future of freight, than just another acquisition. WebCargoNet’s focus has been more on the carrier-forwarder relationship and has also placed more focus on air freight.

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The 3 Main Obstacles Manufacturers Face with Inbound Freight Management

PLS Logistics

Transportation Manufacturing Inbound FreightIndustrial manufacturers are being hit hard by the current economic conditions. Overall demand for manufacturing is down, profit margins are shrinking and manufacturers are looking for any way to reduce operating costs.

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.

Top Freight Blogs of 2016… So Far

Cerasis

We will feature our 5 main categories all week: Logistics , Manufacturing , Supply Chain , Transportation , and Freight. Our goal is and will always be with the Cerasis blog to provide as much value through informative and education blog posts in several categories that are pertinent to those in the manufacturing, supply chain, logistics, and freight industries. 5 Most Popular Freight Blog Posts of 2016.So 9 KPIs to Track for Proper Freight Management.

Freight Gathers Strength in Early November, Led by Western Region

DAT Solutions

The graph below depicts 24 region-to-region pairs, showing changes in rates for freight movements that originated in four Western regions, heading to destinations in six East Coast regions. These results are atypical , so they may surprise longtime freight trend watchers. Freight Rate

Ocean Freight Routing Terms Explained

Material Handling & Logistics

The ocean freight industry uses many acronyms to describe a shipment’s routing. Here are some of the most common ocean freight routing terms that are important to know. . At first glance, this freight forwarding term might seem interchangeable with IPI.

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.

8 Freight Shipping Trends Shippers Must Know for 2017

Cerasis

The freight industry of today is evolving rapidly. It is no longer bound by the traditional constraints of the economy, and Amazon is gearing up to begin expanding to be the best of the global freight shipping providers. As a result, your company needs to think about these freight shipping trends and how you can prepare to respond to them as soon as possible. 8 Freight Shipping Trends Shippers Must Know for 2017. Hours of Service Will Become Core to Freight Operations.

Freight Rate News November 2015

Freightos

Wouldn’t it be amazing if someone could cut through the hype and summarize the key freight and logistics trends every month? Short Term Medium Term Special Feature Carriers & Cargo Innovation Freightos focus November 2015 freight and logistics trends that rate.

How to Plan for Common Disruptors in Ocean Freight

Talking Logistics

Peak season for ocean freight shipping is underway. 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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The iPhone 6s Freight Shipping Costs

Freightos

Yesterday Freightos announced a private beta version of its online instant freight quote marketplace. So obviously, being freight rate nerds, we got to wondering: How much would the logistics of shipping the iPhone 6s from China to the U.S. Freight Insights General News

Current State of the Logistics and Freight Economy

Cerasis

Although an initial view of the logistics and freight industry seems stale, it represents how the flow of goods and services are sprouting and delivering more with fewer resources. However, recent years have seen more shippers turn to less-than-truckload (LTL) and freight consolidation with full truckload (FT) to reduce the number of trucks on the road. Logistics and Freight Economy: Putting It All Together. Freight Logistics freight logistics

Emergency Freight: What Harvey Tells Us About Irma

DAT Solutions

Less than ten days after Hurricane Harvey, trucks are already moving freight out of Houston, with almost the same volume as before the storm. Outbound freight has picked up by now, and rates have declined in both directions after the initial, post-storm peak.

How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Declining Freight Rates.

[INFOGRAPHIC] Will APIs Replace Freight EDI? The Transportation Industry Moves Technology Forward

Cerasis

Why does Freight EDI still exist? Freight EDI is costly to set up and maintain, leads to more headcount, and frequently breaks. Now, going further, what is EDI in freight? IS Freight EDI Dead?”. Is Freight EDI Dead? Alternatives to Freight EDI.

2 Signs That the Freight Recession Really Is Over

DAT Solutions

Together, the ratio and rates offer strong evidence yet that the freight recession is over. Reefer freight is in transition. Meanwhile, the bulk of California freight has yet to hit the spot market.

Value-adding Features of a Great Freight Rating System Within a TMS

Cerasis

Freight rating software is a necessity for shippers and 3PLs. There is more at stake in the choice of a freight rating system. When shopping for a Freight Rating Software System with TMS, look for key points that will add value and provide additional benefits for shippers.

50 Most Read Articles of All Time in Manufacturing, Supply Chain, Logistics, Transportation, & Freight

Cerasis

Since today is the last day of the year before we all get ramped up towards a productive 2016 and after finishing out top 10 most read articles in each of our five main categories ( Manufacturing , Supply Chain , Logistics , Transportation , & Freight ) we wanted to give you all a treat and list the top 50 most read articles of all time from the Cerasis blog. 8 Most Common Reasons Why You May Receive a Freight Claim Declination Letter. Happy New Year!

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.

Gap Widens Between Contract and Spot Market Freight Rates

DAT Solutions

Spot market freight was stuck in neutral for most of the third quarter , with some pockets of seasonal activity. Recognizing that 2014 was extraordinary in many ways, the past month looks anemic even when compared to the more typical freight movement of September 2013. Freight Rates

Top Freight Articles of 2015

Cerasis

Today we finalize our most viewed articles from the Cerasis blog by featuring the most read freight articles published in 2015. We have published now over 650 articles, and so you should almost find anything related to manufacturing, supply chain, logistics, transportation, and freight. . Top Freight Articles of 2015. However, this is expected as freight is much more tactical than say a broad look at manufacturing or even transportation management.

Keep Your Truckload Freight Moving

Talking Logistics

The post Keep Your Truckload Freight Moving appeared first on Talking Logistics with Adrian Gonzalez. Live Episode: Thursday, September 4, 2014 at 12:00 ET. There are many moving parts that can impact a shipper’s supply chain.

How to find a great freight forwarder

The Logistics of Logistics

I often hear from novice shippers: “How can I find a great freight forwarder?”. The truth is that finding a great freight forwarder is actually rather easy. Here are nine items to look for when searching for the best freight forwarder for your company: Research, Research, Research.