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Editor’s Note: This is a guest article from Laura Jelen with negotiations.com who discusses some useful tips on how companies can negotiatefreight rates a bit better. Shipping costs are a significant part of the supply chain expense.
Keeping shipping costs under control is no small task — and unpredictable freight fuel surcharges make it even tougher. These added charges help carriers deal with fuel price volatility, but they can shift dramatically from week to week. What is a fuel surcharge for freight shipping and why does it change?
As businesses grow, so do the complexities of managing freightlogistics. Whether you're a small startup or an established business, choosing the right freight shipping service provider can be a game changer. A freight broker serves as the intermediary between shippers and carriers.
AI in supply chain automation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics. Key Insight: The use of AI in supply chain automation is producing tangible benefits across procurement, warehousing, and logistics.
The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supply chains. Vehicle production costs in the U.S. Negotiating supplier contracts for localized parts production in the U.S.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
If your business depends on freight shipping, you've likely felt the effects of a world that seems to change overnight. A third-party logistics provider (3PL) can help you anticipate disruption, respond quickly and stay competitive. They offer flexible service and cost-effective pricing, especially for domestic shipments.
Shippers that rely on imports have obviously been among the first to feel the financial strain as rising costs disrupt supply chains and profitability. Companies now must make strategic decisions regarding pricing, shipping, supply chains and overall logistics. The newly implemented 2025 U.S.
(Pledge) , including its global supply chain sustainability solution for beneficial cargo owners (BCOs), enterprise supply chain leaders and logistics service providers (LSPs). In an era where corporate social responsibility and ESG initiatives are non-negotiable, accredited emissions reporting is the gold standard for high-quality data.
Home No More Black Swans: The Age of Supply Chain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. What’s become increasingly clear is that there are no more black swans in global logistics.
Home Container rates surging as shippers rush ahead of deadlines – June 10, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Europe prices (FBX11 Weekly) increased 17% to $2,757/FEU. America weekly prices fell 1% to $5.27/kg.
We welcome Shippers to join Emily Stausbll, Xeneta Senior Shipping Analyst, for a roundtable discussion to unpack: Global market insights and trends for Ocean Freight Impact of the new alliances on capacity, schedule reliability and freight Geopolitics and other on-going global events and their impact on supply chain including how new U.S.
Nick Dangles and Joe Lynch discuss winning in a down freight market. Nick is Co-founder of Sync Logistics Training is a joint venture between Metafora + Kinetic, a Learning Management Software that gives brokerages the power to transfer years of industry knowledge to new hire employees in an engaging and effective platform.
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.
More Resources Home Is AI Hype or a Truly Revolutionary Technology Set to Transform Logistics? (AI As someone passionate about efficiency and technology in logistics, but not an expert in AI, I was initially very excited about AI’s potential. In logistics, the cost of an error or exception is always where problems start to balloon.
Richard Perry and Joe Lynch and discuss the importance of freight bill audit. Richard is Vice President of Strategic Accounts at Intelligent Audit , a cutting-edge logistics and supply chain technology company, dedicated to revolutionizing how businesses manage their shipping and transportation processes.
GlobalTranz, a logistics service provider, put out a press release on February 23rd where they mentioned that they had achieved 40% growth in revenue, fourth quarter of 2020 compared to the fourth quarter of 2019. GlobalTranz’s main service lines are freight brokerage – less-than-truckload and truckload – and managed transportation services.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.
What’s the Difference Between Freight Management and Logistics Management? In today’s world, where globalization and international trade play an increasingly important role, efficient freight management is becoming a key aspect of success for many companies.
But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. In addition to time, the fuel implications add up significantly both from a cost perspective and in terms of carbon emissions.
In logistics, simplification was supported by reducing the number of physical distribution nodes and improving the execution layer by adding a transportation management system and digitization in the form of better electronic connectivity to all partners across warehousing and transportation. In the following years, savings ranged from 4-5%.
Matt Silver and Joe Lynch discuss the power of partnerships in the logistics and transportation space. Matt is the VP of Strategic Partnerships with Greenscreens.ai , a technology that provides predictive pricing recommendations for maximum broker margins. Greenscreens.ai Greenscreens.ai About Greenscreens.ai Greenscreens.ai
The Factory Gate Pricing (FGP) and Primary Freight (PF) strategies, as adopted by major grocery retailers, are causing a shudder up the spine of many retail suppliers. What are Factory Gate Pricing and Primary Freight strategies? The product pricing therefore becomes ex works. Now, the issue.
Kevin Coomes and Joe Lynch discuss navigating the freight downturn in the logistics and transportation space. Kevin is the Vice President of Sales at Greenscreens.ai , a technology that provides predictive pricing recommendations for maximum broker margins. logistics market. and Revenova, LLC. About Greenscreens.ai
Freight management is crucial for companies around the globe. Effective freight management reduces delays for consumers, helps companies offer Amazonesque shipping benefits and much more. For example, Brexit and uncertainty regarding tariffs will contribute to more negotiations and instability. DOWNLOAD THE FREE RESOURCE HERE.
The implication for global freight beyond the now typical uncertainty is predictably elevated operational costs and soaring freight rates. It may be off a lower-than-normal base price but for importers and exporters suffering from lower sales, it’s almost certainly troubling news.
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. If you’re looking to save costs on shipping, take a look at inbound shipping. It is complicated, that’s why.
Re-implement demand planning, trade promotion management, and revenue/price management together to improve the baseline demand signal. The Emergence of Logistics as Constraint. Initially, the output was published to procurement to design strategic buying strategies. Availability of logistics was always assumed.
Blog " * " indicates required fields Email * More Resources Home September 6, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.
Rik Schrader and Joe Lynch discuss logistics and distribution transportation, which is one of the specialties of Rik’s company, Körber Business Area Supply Chain. Key Takeaways: Logistics and Distribution Trans Körber’s Business Area Supply Chain is a division of the Körber Group, a global technology company.
Matt is Chief Technology Officer at Greenscreens.ai , a freight-tech company on a mission to rock the freight world through accurate predictions, actionable insights and cutting-edge technology. Delve into the future of logistics, where AI and accurate data are crucial for navigating market fluctuations. About Greenscreens.ai
And now on to this week’s logistics news. Expanding the smart package initiative will help UPS strengthen its network efficiency as it seeks to reduce costs in a cooling demand environment. By acquiring GroundCloud, which was officially known as Windigo Logistics Inc., Retailers in the U.S. Retailers in the U.S.
After 10+ years of writing the weekly news roundup, as well as a bi-weekly column for Logistics Viewpoints, today is my last day at ARC Advisory Group. Over these 10 years+ I have learned a lot about supply chain and logistics through conversations with end users, suppliers, and my colleagues. from May’s 2.24 reading.
Editor’s Note: This is our second post in a two part series about how to get your logistics and transportation practices in order in time for holiday shipping or peak season crunches. We lose valuable transit days with shipments when carriers aren’t moving freight. Central Freight Holiday Shipping Rates.
The trouble today is finding authentic pairs which also do not cost an arm and a leg. And now on to this week’s logistics news. This resulted in meaningful cost savings for our last mile delivery program overall,” he added. Counterfeiters have gotten a lot better over the years, and the Jordan brand has become a big target.
More Resources Home November 21, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe prices (FBX11 Weekly) decreased 7% to $1,291/FEU.
Brad Young and Joe Lynch discuss BI and AI for logistics. Brad is a Principal at Third Axiom Solutions , a quick and cost-effective solution for delivering AI-based transportation analytics to your company and customers. In the podcast interview, Brad and Joe discuss the use of BI and AI in logistics.
About FRAYT FRAYT is a nationwide, on-demand, last mile delivery solution that offers businesses an automated web, mobile app, and advanced API platform to efficiently and cost-effectively move their products. Greenscreens.ai’s dynamic pricing infrastructure built to grow and protect margins. The Greenscreens.ai
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently. Leadership Perspective We’re not just changing a name.
Without experienced managers in place, truck availability drops, repairs are delayed, and cost control becomes difficult. These individuals are key to maintaining operational efficiency, cost control, and compliance. Strong supplier agreements and pricing structures depend on consistent leadership. Rising costs.
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In addition, shippers were responsible for the whole of their operations, ranging from carrier negotiations through freight settlement and dispute resolution practices like reverse logistics. . 3PLs have more experience in managing logistics and can refine their technologies to accommodate shippers’ needs. .
And now on to this week’s logistics news. in push for freight decarbonization China e-commerce exports, unreliable Red Sea shipping boost air cargo Sephora is expanding its take-back and refillables programs Amazon announced that it delivered to Prime subscribers at its “fastest speed ever” in its quarterly earnings on Tuesday.
Joe Lynch and Chris Pickett discuss what’s next for the freight market. Chris is the Chief Operating Officer at Flock Freight , a technology company that is on a mission to solve the US trucking industry’s wasted capacity problem. in Logistics from MIT, and an MBA from Georgia Tech.
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