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? The post Are Ocean Freight Prices Absolutely Broken?

National Food Group Selects BluJay’s Transportation Management for Improved Logistics Execution and Customer Experience

BluJay Solutions

Holland, MI – June 24, 2020 – BluJay Solutions , a leading provider of supply chain software and services, announces that National Food Group has deployed BluJay’s Transportation Management platform for improved execution and customer service. National Food Group (NFG) has been partnering with foodservice professionals since 1990 to provide delicious, on-trend menu items, as well as reliable staples every kitchen needs. About National Food Group.

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The Current State of LTL Freight in 2018

Cerasis

Less-than-truckload (LTL) freight is in the midst of a boom. The state of LTL freight offers a grand opportunity to overcome the significant obstacles created through economic growth, e-commerce, and global markets. Average weight per shipment is up for the sixth consecutive quarter, reports Jeff Berman of Logistics Management , and economic growth indicates continued diversion of freight to LTL from full truckload and even parcels to maintain capacity.

FedEx and Freightos – Improving Digital Freight Together

Freightos

Enter FedEx… Recognizing the myriad complexities of the supply chain, FedEx, the express delivery giant founded in the 1970s, continuously added key pieces of the logistics puzzle to the services it provides its customers. In addition to express courier shipping, Fedex added road freight, air and ocean freight forwarding, and customs brokering. The digital transformation of the freight industry marches forward with each year.

[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.

Brewers Supply Group Selects BluJay’s Transportation Management to Deliver Best-in-class Service for Customers

BluJay Solutions

22, 2020 – BluJay Solutions , a leading provider of global supply chain software and services, announces that Brewers Supply Group, Inc., has selected BluJay’s Transportation Management technology and Managed Transportation Services to manage freight for its multiple divisions across North America. BSG estimates savings of about $3 million following implementation, along with efficiency gains due to freight consolidation and dock scheduling in the warehouse.

Looking for Freight Broker Tips? Join These 5 Online Communities.

Cerasis

Launching your business in the freight broker and logistics fields can be an exciting journey. One of the best ways to get the knowledge you need to excel is to turn for freight broker tips in online groups. These are places on social media and other websites where professionals share their know-how, experience and discuss topics of high interest to the logistics community. Let’s look at five of the top online communities for freight brokers. #1.

This Week in Logistics News (December 5-9, 2016)

Talking Logistics

Back here on Earth, this week’s supply chain and logistics news… Nikola One Hydrogen-Electric Truck Revealed. Truckers applaud move to revert to pre-2013 Hours of Service regulations (Logistics Management). billion in Logistics in Mexico (Reuters). E-Commerce Fueled Logistics Hiring in November (WSJ – sub. DAT’s Accelerated Freight Matching Launches with New Load Board App for Carriers and Paperless Onboarding Service for Brokers.

Doing Our Part To Help Logistics Companies Adapt to COVID-19

Freightos

In 2019, digital freight isn’t a vision; it’s a reality. Land travel restrictions in Asia extended Chinese New Year, dropping ocean freight demand, which, just weeks later, spiked when the shutdown ended. And, through it all, logistics providers keep critical goods moving. Email responses are obsolete in just minutes and only digital solutions can keep essential freight moving. Which is where the Freightos Group comes in.

The State of Digital Freight: The 4×4 Blueprint for Freight 2020

Freightos

The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. It should come as no surprise that we are running out the clock until Amazon competes with more aspects of the logistics industry. They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. Four Core Themes Shaping Logistics.

Bringing Freight Online with WebCargoNet and Freightos

Freightos

Bringing Freight Online With WebCargoNet And Freightos. We have exciting news at Freightos – we’re proud to announce that we’ve acquired WebCargoNet , a leading logistics technology provider. But this story is more about a vision for a better future of freight, than just another acquisition. In many respects, this should be a good time for the logistics industry. Two years ago they partnered with ECS Group to offer online freight booking.

This Week in Logistics News (October 13-17, 2014)

Talking Logistics

Spot Market Stays Strong: September DAT Freight Index. Teamsters Make History With First Ever Organizing Victory at FedEx Freight. economy boosts freight (Reuters). If you go back a decade ago, analysts like me urged companies to view logistics as a competitive weapon, but the advice fell mostly on deaf ears. Most companies viewed logistics as a cost center, with little strategic value; unfortunately, many companies still view logistics that way today.

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

Talking Logistics

I was in Orlando, Florida this week moderating workshops for a logistics service provider client. Robinson Reports 2018 Fourth Quarter and Full-Year Results TPG Capital to sell Transporeon Group to Hg BluJay Hires Andrew Kirkwood as Chief Executive Officer Tool Company Claims IPS Worldwide ‘Misappropriated’ Millions (WSJ – sub. Uber Freight: Transportation Facility Brand Managers.

LTL Carrier Profile: UPS Freight

The Logistics of Logistics

LTL Carrier Profile: UPS Freight. UPS Freight is the fourth largest less than truckload (LTL) carrier with approximately $2.4B UPS Freight has 6.9% UPS Freight is based in Richmond, Virginia. UPS Freight is a business segment of United Parcel Service, Inc. Domestic Package, International Package, and Supply Chain and Freight. LTL Carrier Profile: UPS Freight Services. LTL Carrier Profile: UPS Freight History.

Best Logistics Websites 2013

The Logistics of Logistics

I have listed the best logistics websites for 2013. Below is a link to the specific logistics website, along with a brief summary. Logistics Management is wonderful resource for logistics professionals. Logistics management provides their top notch content in online and print versions. Logistics Viewpoints is great logistics website run by logistics professionals, Adrian Gonzalez and Steve Banker. What are your favorite logistics websites?

This Week in Logistics News (June 20-24, 2016)

Talking Logistics

A beautiful woman passed away this morning, my wife’s aunt who we all loved, so I will be brief with my comments about this week’s supply chain and logistics news. Logistics in Transition: U.S. Business Logistics Costs Slow Considerably with 2.6% Triumph Business Capital Provides Instant Cash Funding Via AscendTMS™ Logistics Software. April 2016 North American Freight Numbers. Cass Freight Index Report – May 2016.

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. According to the press release: enVista…has launched a joint venture with Fredman Design Group (Fredman), a nationally recognized interior design firm. Note: Descartes, enVista, Kewill, and Manhattan Associates are Talking Logistics sponsors.

This Week in Logistics News (September 19-23, 2016)

Talking Logistics

Driverless vehicles, drones, and 3D printing — three emerging technologies that will ultimately impact supply chain and logistics processes — are the top headlines this week. PTV Group acquires DPS International Ltd. FedEx to Increase Shipping Rates for Express, Ground and Freight Services. Cass Freight Index August 2016. July 2016 North American Freight Numbers.

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This Week in Logistics News (February 20-24, 2017)

Talking Logistics

Anyway, the net result is that I’m on limited time this morning, so I’ll just highlight this week’s supply chain and logistics news without commentary and catch up next week. December 2016 North American Freight Numbers. XPO Logistics Announces Fourth Quarter and Full Year 2016 Results. 3PL Regulations Robots This Week in News Amazon drones enVista gasoline taxes Kenco Group Trade Facilitation Agreement UPS WTO XPO Logistics

BASF Video Case Study: The Value of Real-Time Freight Visibility

Talking Logistics

A few weeks ago at the Descartes Evolution 2018 User Conference , I had the opportunity to interview William Wehrle, Director of Supply Chain at BASF, and David Bazzetta, Business Advisor – Process Optimization at BASF, about the importance and value of having real-time freight visibility. What were some of the key capabilities BASF was looking for in a real-time freight visibility solution? Benefits of Real-Time Freight Visibility.

How Freight & Transportation Data Can Trim Your Transportation Spend

Cerasis

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Accurate freight and transportation data is particularly important. Seizing control of freight and transportation spend can improve operating income by five to 10 percent, and boost stock prices by 10 to 20 percent, according to an Accenture study, From a Shipper’s Market to a Carrier’s Market.

This Week in Logistics News (July 13-17, 2015)

Talking Logistics

Now, this week’s supply chain and logistics news, which was dominated by transportation-related items: Are Imports Moving to the East Coast? Cass Freight Index June 2015 Report. Robinson and the Boston Consulting Group published a research report on the potential impact the Panama Canal expansion could have on logistics strategies and operations (watch my conversation with two of the authors in a recent episode of Talking Logistics ).

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How Logistics Is Proving that Amazon Needs to Be Regulated

Freightos

In itself, that’s a big deal, but its significance is compounded when you consider the trucking shipment volumes such a move will require; it’s essentially jet fuel for their new freight brokerage business. Take into account their FBA warehouse footprint, NVOCC license, and SEC reports flagging forwarders as competition, and you have a solid reminder that Amazon is coming for global freight. Regulating Amazon…Because Freight. The Logistics of Dominance.

This Week in Logistics News (November 5-9, 2018)

Talking Logistics

Our Logistics Leaders for Type 1 Diabetes Cure Team raised $58,706 this season — a new record! Robinson , Descartes Systems Group , MercuryGate , Transplace , Opus9 , Paragon , and TranzAct Technologies. Simply put, without your support, this audacious dream I had three years ago to form a logistics cycling team to support JDRF wouldn’t have come true. XPO Logistics Announces Four New Technology Initiatives for Less-Than-Truckload Optimization.

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 Platform Economy Powered by Logistics

Logistics Trends and Insights

A platform is a business model that creates value by facilitating exchanges between two or more interdependent groups, usually consumers and producers. But there are others and, like Amazon when goods are exchanged for money, logistics are involved. Logistics and transportation providers are all targeting the elusive e-commerce retailer involved with new service offerings, partnerships, and acquisitions. e-commerce Logistics Supply Chain Platforms supply chain

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 (March 25-29, 2019)

Talking Logistics

Speaking of learning, here’s the supply chain and logistics news that caught my attention this week: Will Truckers Trade Futures? A New Market Seeks to Draw Freight Bets (WSJ – sub. are set to launch on Friday [March 29, 2019], testing whether an old-school industry will embrace a new financial tool designed to protect cargo haulers and shippers against swings in freight rates.”

23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4%

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). Uber made headlines last month when it acquired Otto , a startup launched by a group of former senior Google employees that aims to convert existing trucks into driverless ones.

Is Powerloop Good for the Freight Business with Andrew Kelley

The Logistics of Logistics

Andrew Kelley is a global technology executive focused on logistics and supply chain software. Overall, he has executed $30B of combined M&A and investments mostly with UBS Investment Bank’s Technology, Media & Telecom group. 1:15] How’d you get into the freight business? I spend all my time in supply chain and logistics because I think it’s fascinating and that there are big opportunities. [3:07] Uber launched Uber Freight a few years ago.

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 Transportation Management System or Managed Transportation Services? Why Not Both?

Logistics Viewpoints

Last year the ARC Advisory Group did a study on the ROI a shipper would get by having their transportation managed by a third party logistics firm. Survey results indicate that MTS relationships are generally successful from both freight savings and service level perspectives. Logistics Outsourcing Logistics Service Providers Transportation Management Systems Filtration Group Managed Transportation Redwood Supply Chain Systems TMS

Inbound Freight TMS & Integration: How Shippers Gain Max Efficiency

Cerasis

Inbound freight management remains an afterthought for most shippers, but the average company spends more than 40 percent of its annual freight budget on inbound freight, reports the Aberdeen Group via Logistics Management. The post Inbound Freight TMS & Integration: How Shippers Gain Max Efficiency appeared first on Transportation Management Company | Cerasis. Inbound Freight TMS Inbound Freight TMS

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. 04:25] There’s an approach to freight savings that you use at Customodal, and I was hoping you could describe that to the audience. From my experience in air freight, trucking, brokerage, etc., [00:21] Opening / Introduction. [00:42]