Logistics Viewpoints

OCTOBER 20, 2022

Tis the season to be jolly – unless you are overwhelmed with the many tasks traditionally associated with the annual freight Request for Proposal ( RFP ) season. However, the reality is that contracted freight is actually a promise – not a binding agreement. Flexibility to schedule rate bid events based on business needs.

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Logistics Viewpoints

FEBRUARY 17, 2023

Some companies expect to cut ocean-freight rates by half or more, which in turn could allow retailers to slow or stop price increases for goods. 9, according to Xeneta, a Norway-based transportation data firm, reflecting lower freight demand as retailers cut orders and consumer spending continues to decline.

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Supply Chain Matters

OCTOBER 10, 2023

This start-up was founded by Matt McKinney and Shaosu Liu, both of whom had backgrounds at Uber Freight and decided to tackle the massive problem of building a new structure for the legacy freight payment system that supports the global supply chain. The technology start-up secured $30 million in Series A funding in 2022.

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The Logistics of Logistics

AUGUST 27, 2013

In this situation, the hire money for this deal is known as the “freight” and is the final pay-out to the owner of the ship for the use of the vessel. For instance, for those looking to find a vessel chartering service that ships to the Caribbean, should look at shipping companies based in the Jacksonville, FL area. 40SD , 20FR are 40?

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