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Are Ocean Freight Prices Absolutely Broken?

Freightos

Special thanks to Lars Jensen, CEO at Sea Intelligence Consulting and Zvi Schreiber, CEO of Freightos Group for their input and insights for this report. . Is ocean freight pricing broken? Businesses whose inventories ran down slowly since March started restocking.

[e-Book] The Essential Guide to Inbound Freight Management

Cerasis

How Big Is the Problem Of Inbound Freight Management? Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. Depending on the industry and size of the company, a business can spend more than 40% of its annual freight budget on inbound shipping, according to the Aberdeen Group, a research firm in Boston. Download the Inbound Freight Management E-Book: Fill out the Form Below.

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The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

Cerasis

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model.

Vendor Managed Inventory Model for Supply Chain Cost Reductions

Cerasis

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. A means of optimizing Supply Chain performance in which the manufacturer is responsible for maintaining the distributor’s inventory levels. The distributor maintains the inventory plan. Now the group analyzes each idea.

This Week in Logistics News (September 29 – October 3, 2014)

Talking Logistics

The MetaPack Group Acquires U.S. Con-way Announces Enhancements to Driver Pay Package at Con-way Freight. Menlo Logistics Announces Launch of New Brand and Website. North American Freight Numbers July 2014. Moving on to omnichannel fulfillment, Manhattan Associates introduced Available to Commerce™ , which gives retailers “the power to offer specific units of inventory available for sale in the most appropriate channel (online, store, same-day delivery, etc.)

What’s new in the automotive supply chain? (Hint: Inventory Replenishment Policies)

The Network Effect

Today I want to explore how automobile suppliers are improving their operations via inventory replenishment policies. Effective inventory replenishment policies in use today include the 830/862 converted to a delivery release, KanBan, Min/Max, and Sequencing. Improved technologies now provide the ability to optimize truckloads simultaneously with inventory using pull policies. Typical measurements include inventory turns, truck utilization, and premium freight reduction.

Experts Choice Of Top Online Logistics Resources

Freightos

The Experts’ Choice of the Top Online Logistics Resources. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Experts’ Choice: Supply Chain and Logistics Email Newsletters. This is the experts’ selection – but if we had to choose just one, our go-to read is the fast-rising WSJ Daily Logistics Report. Ti Logistics Briefing.

The Top 6 Trends in Logistics Impacting Shippers in 2017

Cerasis

The election is over, but the race is just starting for logistics providers. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. Autonomous Trucks Will Drive Logistics Forward. Logistics

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This Week in Logistics News (September 26-30, 2016)

Talking Logistics

Another Friday where I have limited time, so let’s go straight to this week’s supply chain and logistics news that caught my attention: Uber to move freight, target trucking for the long haul (Reuters). Elementum Expands Supply Chain Management Suite with New Inventory App Powered by World’s Product Graph™. is plotting its entry into the long-haul trucking business, aiming to establish itself as a freight hauler and a technology partner for the industry.

This Week in Logistics News (March 4-8, 2019)

Talking Logistics

And with that, here’s the supply chain and logistics news that caught my attention this week: Walmart Toughens Delivery Demands for Suppliers (WSJ – sub. The thing that makes supply chain and logistics so exciting and frustrating and challenging is that just when you think you’ve figured something out or have it under control, the world changes on you. Providers of real-time freight visibility solutions.

A Holistic Approach to Freight Savings with Mike Eberl

The Logistics of Logistics

02:44] What was your first job in logistics? My first logistics job was at an airport. I was hired as an accountant for an on-demand air charter operator that moved executives and high priority freight. We were primarily in the expedite business, targeting manufacturers of all sizes who were running just-in-time inventory systems that made an intermediary component in someone else’s just-in-time system. From my experience in air freight, trucking, brokerage, etc.,

Too Much Focus on E-Commerce Shipping Practices? The Important Reminder That Logistics Fundamentals Still Matter

Cerasis

Supply chain leaders need to understand why logistics fundamentals will continue to shape e-commerce shipping strategy. In other words, filling more orders is great, but it still requires significant use of logistics resources. How can a company offer the best deal without taking advantage of the lowest logistics costs? As explained by Disney Investment Group , this includes selecting a location that has a necessity-based anchor, like a grocery store.

Digitalisation of Logistics Industry and its Impact

20Cube Logistics

With rapid growth in technology, the logistics industry across the globe is experiencing a paradigm shift with fast track development driven by unique innovation and sturdy growth in the evolution of technology. The new technologies are not only re-shaping the marketplace but also offering collaborative operation models for seamless logistics maneuver. Implementing technologies like IoT, data analytics, sensors and robotics is changing the complete roadmap of logistics.

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Top 5 Roadblocks to Effective Inbound Logistics Management

Cerasis

With the added pressure to lower costs to end-users, your customers, it’s no surprise that the need for increased scrutiny and cost reductions among inbound logistics partners, your vendors, has gone rogue. Some cite a lack of visibility or lack of control for reasons to not manage inbound logistics, and while proponents of “increased visibility” argue more information begets more effective inbound logistics strategy, its meaning gets lost in the murky waters of the internet.

Ten Steps to Managing Inbound Freight: A Coordinated Dance between Shippers and Suppliers

Material Handling and Logistics

There is a profound difference between inbound and outbound logistics—inbound deals with the delivery of raw materials or goods coming into a business while outbound logistics refers to goods going out. Implement a dynamic rate allowance program for freight costs.

This Week in Logistics News (October 8-12, 2018)

Talking Logistics

The VP of Supply Chain and Logistics at our house (aka my wife) has been out of the country this week. I have to go to the grocery store again today to replenish our inventory (yeah, I don’t shop for groceries online; as the son of a bodegero, I’m old fashioned that way.).

Pool Distribution: The Speed of Parcel at the Cost of LTL/Truckload

Talking Logistics

If you look at the challenges many retailers face today as they move to omni-channel retailing and the impact of online competitors, their margins are really getting squeezed,” explained Chris Jones, Executive Vice President, Marketing and Services at Descartes in a recent episode of Talking Logistics. “At So, I would describe less sophisticated pool distribution as ‘Hey, send me your goods, I’ll group them with other shippers, and I’ll tell you when they show up.’

This Week in Logistics News (September 12-16, 2016)

Talking Logistics

Speakers: Sharon Perry, Vice President of Logistics, Carhartt; Gregg Lanyard, Director, Product Management, Manhattan Associates; Adrian Gonzalez, President, Adelante SCM. In the meantime, here’s the supply chain and logistics news that caught my attention this week: Hanjin says U.S.-bound New Transport Mode to Redefine Freight Movement. Keeping track of warehouse inventories with an army of fully autonomous drones (TechCrunch).

Countering the Bullwhip Effect in a COVID-19 World

PINC

A distribution channel phenomenon in which inaccurate forecasts quickly turn into supply chain inefficiencies, the “bullwhip effect” refers to increasing swings in inventory in response to shifts in customer demand as one moves further up the supply chain. Suffering a glut in “green” cars at the time, Volvo’s sales and marketing developed a program to move its excess inventory. How long can this boom in freight volumes last?”

This Week in Logistics News (January 5-9, 2015)

Talking Logistics

Uber’s Latest Experiment Is Uber Cargo, A Logistics Service In Hong Kong. ABF Logistics Acquires Smart Lines Transportation Group. UPS Worldwide Express Freight Expands. October 2014 North American Freight Numbers. With PMA and ILWU turning to federal mediation, eventual outcome is far from certain (Logistics Management). The post This Week in Logistics News (January 5-9, 2015) appeared first on Talking Logistics with Adrian Gonzalez.

What’s the ROI Of Transport and Logistics Providers & A TMS?

Cerasis

Much talk about sales, automation and improved processes dominate the conversation when considering outsourcing logistics processes to a transport and logistics providers or using a 3PL-based transportation management system (TMS). Often, the transport and logistics providers' reps claim initial returns may be as high as 25 percent, if not greater. In reality, the actual savings and return tend to be closer to 10 percent, reports Inbound Logistics.

Logistics, Data, and Cognitive Computing

Enterra Insights

Logistics have always been data driven. Historically, logistics data can be found on cuneiform tablets, pieces of parchment, and paper. Blockchain will certainly help logistics operations in a number of ways; but, digital data already available can also help. These can include freight costs that are too high, transit times that are too long or not charging enough for freight.”[1] Complexity adds another layer of difficulty to the logistics picture.

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This Week in Logistics News (July 4-8, 2016)

Talking Logistics

It was a relatively quiet week for supply chain and logistics news, with robots and weak freight demand dominating the headlines. Air cargo firms feel the pressure from plunge in freight prices (Reuters). More data points this week confirming what we already know: demand for freight transportation is weak, which is leading carriers to cut back on capacity. They pull data from both sides and communicate any surges in orders or depleted inventory.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. In the digital transformation age, logistics is once again undergoing a major shift. These technologies also contribute to a rise in big data and analytics in the logistics field. ” Meet Our Panel of Logistics Pros: Brian Jessup.

This Week in Logistics News (August 3-7, 2015)

Talking Logistics

This was a relatively quiet week for supply chain and logistics news, which is typical for August, so let’s go straight to it: Macy’s expands same day delivery to 17 cities as it challenges Amazon ( Reuters ). Freight Startups Attract Silicon Valley’s Attention ( WSJ – sub. XPO Logistics Announces Second Quarter 2015 Results. But the ripple effect of same-day delivery on inventory management, store operations, and IT is anything but trivial.

This Week in Logistics News (June 6-10, 2016)

Talking Logistics

But there’s also something exhilarating about watching a group of kids, over the course of a few short weeks, come together as friends and as a team, overcoming adversity together, celebrating achievements together, and just having plain old fun together regardless of the score. Now, on to the supply chain and logistics news that caught my attention this week: Thoma Bravo Announces Acquisition of Elemica. Target charges suppliers more to help offload unsold inventory (Reuters).

This Week in Logistics News (October 12-16, 2015)

Talking Logistics

— In this week’s supply chain and logistics news… DSV agrees to acquire UTi Worldwide Inc. Cosco, China Shipping Group in Advanced Merger Talks (WSJ – sub. SMC³ Acquires Transportation Costing Group. August 2015 Freight Transportation Services Index (TSI). Furthermore, DSV will now be truly global within contract logistics and expand into road freight activities outside Europe. Inventory Management.

This Week in Logistics News (May 11-15, 2015)

Talking Logistics

In this week’s supply chain and logistics news… Alibaba Group Announces Strategic Investment in Chinese Logistics Company (MarketWatch). March 2015 Freight Transportation Services Index (TSI). Cass Freight Index – April 2015. Shipping Line CMA CGM Signs Deal for Cuba Logistics Hub (WSJ – sub. E-commerce without logistics is like a bicycle with no wheels: it won’t go anywhere. Ltd, one of China’s leading logistics companies.

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This Week in Logistics News (April 4-8, 2016)

Talking Logistics

Moving on, here’s the supply chain and logistics news that caught my attention this week: Trucking Stocks Tumble on Downgrade, Pricing Outlook (WSJ- sub. Descartes Showcases Logistics Technology Platform Innovations at Global User and Partner Conference. MercuryGate Launches Global, Omni-modal Freight Procurement Solution. McLeod Software Unveils New Business Process Automation Solutions for Logistics Companies. Hub Group Inc.,

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6 Tips for Improving Warehouse and Distribution Center Efficiency

Supply Chain Game Changer

You can group packages by their contents, destination or point of origin. Go over your inventory and rate your products based on how often your employees need to retrieve them. Digital technology can take the guesswork out of inventory and warehouse management with employees scanning products every step of the way. Use Inventory Management Software. distribution #logistics #warehouse #productivity #lean #supplychainmanagement. Subscribe Here! Email Address.

Top Logistics Terms to Know—A Supply Chain Glossary

Zipline Logistics

Logistics is no exception. There are hundreds of logistics terms that make up the industry’s language. Here is our glossary of top logistics terms to know. Logistics Terms for Pros to Know. Accessibility — The ability of a carrier to provide service for a freight order. Accessorial Charges — Fees added to a freight bill for additional services that the carrier might provide. Air Freight — Transportation of products via air transportation methods.

This Week in Logistics News (July 6-10, 2015)

Talking Logistics

Now, for this week’s supply chain and logistics news that caught my attention: JDA Unleashes Powerful New Capabilities to Enable the Seamless Supply Chain. May 2015 Freight Transportation Services Index (TSI). The other interesting technology news came not from a software vendor, but from a $26 billion manufacturing and logistics services company: Flextronics. Note: JDA Software is a Talking Logistics sponsor. Friday, July 10, 2015.

This Week in Logistics News (April 18-22, 2016)

Talking Logistics

But let’s not let the elevator bring us down, let’s go crazy…after this week’s supply chain and logistics news. But I have to wonder: what will happen when a droid encounters a group of mischievous teenagers? Moving on, in another example of how the business models of technology companies and third-party logistics providers are merging, eBay Enterprise and Innotrac have joined forces to become Radial, “the largest omnichannel commerce technology and operations provider.”

When to Call for LTL Trucking!

Supply Chain Game Changer

Your items are usually grouped together on pallets or in containers. Using this method requires you to be very accurate with inventory records. Freight and Logistics Guest Blog Post Transportation Freight Management logistics managementSubscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Thank a Trucker! LTL Trucking article and permission to publish here provided by Saeed Darwish.

2013 Third-Party Logistics Study

Supply Chain Movement

The success of the third-party logistics industry is evident in the generally high marks given to 3PLs by respondents to a survey as part of the 2013 17th Annual Third Party Logistics Study, which identifies trends and explores how both 3PLs and shippers are using these relationships to improve and enhance their businesses and supply chains. Shippers report spending an average 12% of revenues on logistics, and an average 39% of that figure is spent on outsourced logistics services.