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23 Reasons the Ideal TMS is best for LTL Freight Shipping

GlobalTranz

Using less-than-truckload for medium-sized shipments is one of the great innovations in shipping. It produces results at a fraction of the cost of full truckload (FT) or small package shipping. However, the needs of the modern shipping industry have reached an optimal point, and the only way to further push the envelope is by using a dedicated transportation management system (TMS). Freight Consolidation. Contract negotiation is becoming a major factor in shipping.

Fed up with cargo congestion, freight forwarders flee O’Hare airport

The Supply Chain Journal

The problem stems from the rush of ad hoc all-cargo aircraft being substituted for grounded passenger jets amid the travel downturn combined with the surge in e-commerce orders, inventory replenishment and ocean shipping backlogs that have companies turning to air to move their goods.

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Freight Visibility and Control: Introducing the Freightos Baltic Index (FBX)

Freightos

Freight Visibility and Control: Introducing the Freightos Baltic Index (FBX). Today, the go-to metric for that question is typically Standard & Poor’s 500, the Nikkei, or the Dow Jones Industrial Average (a shockingly poor indicator , if you look closer). The underlying premise dates back further, even for freight. By 1985, the Baltic Exchange published its first daily dry bulk freight index. A New Freight Index.

The Digital Freight Ecosystem Part 2: What’s Bringing Freight Online

Freightos

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. Carriers literally do the heavy lifting in international freight. Customer management can be expensive and hands-on, especially in an error-prone industry like freight.

The Digital Freight Ecosystem Part 2: What’s Bringing Freight Online

Freightos

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. Carriers literally do the heavy lifting in international freight. Customer management can be expensive and hands-on, especially in an error-prone industry like freight.

How to Optimize Global Demand Fulfillment

3rdwave

Global transportation is the nexus through which all related international transportation information flows. Capturing, aggregating, and analyzing all the global supply chain transportation and product/SKU level detail is foundational to having end-to-end supply chain visibility.

Connect Big Data with Predictive Analytics for Increased Visibility and Control Over Global Supply Chains

Supply Chain Network

percent per year, over 90% of the world’s trade is carried by sea for a total of 23 million tonnes of cargo traveling by ship every day. Global supply chains are one of the longest and most complex of business process systems due to the many moving parts, multiple transfer points, diverse company types/players involved and the sheer length of these supply chains. Spire Global has worked with Odyn.ai

13 Reasons Why You Need a Global Transportation Management System (TMS)

3rdwave

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. From optimizing freight movements and controlling freight costs, to supply chain SKU transparency and optimal inventory management, the value proposition for global transportation management is substantial and significant. Complexity in the global supply chain has increased dramatically since that time.

C.H. Robinson’s profits soar on higher truckload and ocean rates

The Supply Chain Journal

As global shipping markets remain disrupted, our team around the globe stayed focused on serving the needs of our customers and delivering innovative solutions to keep global supply chains moving. Robinson freight brokerage freight forwarding Q1 2021 earnings

Wanted: Supply Chain Architects!

Supply Chain Shaman

The flows are typically linear and the analysis is on alternate modes and best shipping lanes. This work is typically periodic to accompany a freight bid or an end-to-end project. While executive leadership teams will often use these terms interchangeably, seeing the impact on a geographical map for a global network stimulates a different level of dialogue. Forty years ago as a chemical engineering student, I learned the tedious craft of chemical plant design.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

By contrast, the third-party logistics model is where a manufacturer retains oversight of its supply chain but outsources such processes as warehousing, shipping, packing, and distribution to a 3PL provider. Unloading of local freight and de-stuffing and palletising of international freight.

Inbound Parcel Freight: What Are the Top Considerations for a Shipper?

GlobalTranz

Managing inbound parcel freight has increased in complexity with the global rise of e-commerce. Amazon has mastered inbound parcel freight management as part of its third-party marketplace, and small and mid-sized shippers are struggling to keep up. While part of the larger scheme for global economic growth, inbound parcel freight has become a top priority for shippers. What’s Causing Problems With Inbound Parcel Freight Management?

The Global Supply Chain is Evolving – Are you ready?

MAVES

The global supply chain is evolving every day, adding complexity to the roles of shippers and their third-party logistics providers (3PLs). Their concerns include: infrastructure, economic stability, freight and supply chain transparency, tax regulations, security, and cross border shipping details. The following is a list of the most influential new requirements driving the modern supply chain to adopt change: Globalization of Business. Advanced Analytics / Metrics.

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Supply Chain Goals: Gracefully Overcoming the Hurdles of Global Sports Events

BluJay Solutions

million shipped items and 60 metric tons of air freight.*. Large global events like the World Cup underscore the requirements involved in the daily work of logistics and supply chain. Companies are confronted with an ever-more challenging, multifaceted environment, and a global economy. With an end-to-end supply chain platform and Global Trade Network, organizations get competitive advantage to deliver on their goals and win more customers.

Tips for Retailers (And All Shippers) to Overcome the Amazon Effect

GlobalTranz

Whether you are a retailer, carrier, cloud services provider, or eCommerce merchant, Amazon not only effected the landscape of e-tail but the landscape of shipping and logistics as a whole. The Growth of Parcel Shipping on the Rise Thanks to the Amazon Effect Overall, parcel shipping is growing at a robust 10-percent clip as all other freight modes are basically flat, growing at a very modest 1 percent. Freight Logistics Omnichannel Small Package amazon effect

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A ‘Beached Whale’ in the Suez Canal: Stuck Working Capital

NC State SCRC

By now many of you have heard about the “Ever Given”, which has been stuck in the Suez Canal since Tuesday, and is blocking all container ships trying to get through with their cargo. For many years, as we moved to low cost countries, the shipping industry benefited.

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IMO 2020 is Here. Are You Ready?

Supply Chain Game Changer

The IMO’s (International Maritime Organization) new Sulphur regulations, IMO 2020, will have far-reaching consequences for the global trade community. The ships now have to reduce their Sulphur emission by over 80% – 85% by switching to Lower Sulphur Fuel. Subscribe Here!

This Week in Logistics News (January 28 – February 1, 2019)

Talking Logistics

Uber Freight: Transportation Facility Brand Managers. As reported by Transport Topics , “Truck drivers using the Uber Freight load-booking app can now rate shippers’ and receivers’ facilities and share feedback on factors such as wait times and amenities.” The same ratings and reviews also are available to shippers within Uber Freight’s shipper platform. The growing uncertainty and risks in global trade management (e.g.,

How to Dispute Walmart OTIF Chargebacks

SupplyPike

Prepaid orders are shipped to Walmart by you. One of two situations need to occur: Walmart didn’t pick the shipment up on time Walmart Freight didn’t drop the shipment off on time. Freight Shipping chargebacks disputes high radius otif Walmart OTIF

Upcoming Changes to Walmart On Time in Full (OTIF) Program: What You Need to Know

CH Robinson Transportfolio

The current requirements differ according to the freight characteristics listed below. As of September 15, 2020, the OTIF requirements will increase to 98% for all freight characteristics. As both a provider and supplier into large, global retailers, C.H.

The Better Goal: More Fuel Efficient Trucks or Using Fewer Trucks?

Talking Logistics

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 Back in 2012, for example, Walmart highlighted in its 2012 Global Responsibility Report how it improved the efficiency of its private fleet by almost 69 percent in 2011 compared to its 2005 baseline. Why aren’t more shippers engaged in collaborative shipping?

The Story Continues…. Let’s Don’t Sugar Coat the Real Issue

Supply Chain Shaman

The people on the ground–my contacts in the 3PL, freight forwarding and transportation industry–know that the labor strife is only a part of the larger story. As a country, I think that we need to rethink supply chain flows for chassis, drayage and the unloading of larger ships. I don’t think that the ports are up to the challenge of moving the high-levels of freight with larger ships without rethinking unloading space, equipment and flows.

Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

The Covid-19 pandemic tested the global supply chain. More and more cargo shifted to ocean transport until the container imbalances resulted in issues with “rolling the freight” from ship to ship despite confirmed bookings. What are functional metrics?

Countdown to Black Friday: It’s the Final Countdown, So Get Your Shipments Up in the Air

CH Robinson Transportfolio

Understand the metrics of air cargo: time and money. When you’re evaluating the costs of air cargo , freight is only one component of the equation. Inventory carrying costs and the opportunity to capture market share—especially relevant during Black Friday, when consumers are ready to spend and expect to get their hands on the products on their shopping lists—can offset freight costs. Global Transportation Air Black Friday Shipping

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This Week in Logistics News (August 13-17, 2018)

Talking Logistics

Here are the ones that caught my attention: Maersk and IBM Introduce TradeLens Blockchain Shipping Solution. project44 Launches Global Parcel Visibility. Blockchain in Global Trade: Maersk, IBM, and CBP. Back in January, IBM and Maersk announced plans to form a joint venture focused on “applying blockchain to improve global trade and digitize supply chains.” This is self-contradictory,” said Jansen at the [Global Liner Shipping Conference].

[PODCAST] How Shippers Can Compete Against Rising Transportation Costs & Competition Using Data

GlobalTranz

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode we welcome Hannah Testani, Chief Operating Officer of Intelligent Audit , a global logistics and freight audit company. We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute. We hope you enjoy this very first episode of The Freight project podcast!

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What Is Retail Consolidation?

CH Robinson Transportfolio

If you’re currently shipping less than truckload (LTL) or underutilized truckload freight, a retail consolidation program might be the answer you need. Most programs include a consistent shipping schedule and alignment with lead time and retailer delivery expectations.

Is Your TMS Technology Ready to Drive Supply Chain Excellence?

CH Robinson Logistics

How to Use Freight Attributes to Your Greatest Shipping Advantage”. And in reality, it’s extremely difficult to achieve proper carrier alignment, a strong execution strategy, and sufficient internal collaboration without the data a TMS can provide—domestically and globally. For example, when a transportation provider questions a change in their freight awards, being able to explain the situation with performance metrics can make the conversation go more smoothly.

Launching the Freightos Baltic Index (FBX) for Daily Rates

Freightos

As a result, nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and to power intelligent decisions. But despite its size, containerized freight’s poor visibility persisted. Freight is somewhat notorious for price opacity.

Global Logistics Is No Longer Human Scale

Haven

With nearly ten trillion metric tons transported by sea in 2014, the global shipping industry is more than massive—it’s gargantuan. The sheer number of shipping choices presents a complex challenge for any company looking for cost effective, efficient options for transporting their goods. Every day, thousands of logistics firms utilize dozens of ocean carriers loading and unloading cargo in myriad ports for clients around the world.

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Free Donuts or Freight Cost Savings?

Supply Chain Collaborator

Everyone likes free stuff; especially freight carriers who haul for organizations without TMS and the rules-based tendering such software delivers. Wherever possible, particularly when expedited shipping was required, Chris tendered the offer to Doughboy National. Without TMS, a shipper cannot enforce rates, routing guide compliance and a host of other metrics critical to efficient transportation planning and spend. The post Free Donuts or Freight Cost Savings?

This Week in Logistics News (July 15-19, 2013)

Talking Logistics

Con-way Freight Raises the Bar on Mexico Service, Adds Door-to-Door Tracking, 24-Hour Customer Resource Center, Enhanced Web Tools. Con-way Freight announced this week that it has enhanced its Mexico service offering with the introduction of real-time, door-to-door online tracking, a 24-hour Customer Resource Center and new web tools for tendering and managing shipments moving to and from Mexico.

Global Logistics Is No Longer Human Scale

Haven

With nearly ten trillion metric tons transported by sea in 2014, the global shipping industry is more than massive—it’s gargantuan. The sheer number of shipping choices presents a complex challenge for any company looking for cost effective, efficient options for transporting their goods. Every day, thousands of logistics firms utilize dozens of ocean carriers loading and unloading cargo in myriad ports for clients around the world.

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4 Ways to Optimize Your Transportation Network Strategy

Intelligent Audit

As noted by Deloitte, “Global supply chains can be planned with great precision. Of course, that’s possible only if a company can visualize the full movement of freight and know when it makes sense, financially and strategically, to take those steps. Track the Right Performance Metrics.

Borderlands: Why does innovation stop at the Mexico border?

The Supply Chain Journal

While working at Coyote Logistics, Matt Silver said one of the most important things he learned about United States-Mexico trade was that there wasn’t a transportation management system (TMS) that could handle cross-border freight. “It This helps carriers who are bidding on freight.