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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

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Logistics Procurement – Performance Management

The Logistics & Supply Chain Management Society

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Rates are now starting to stabilise and for ocean freight especially, we are seeing rates closer to pre-COVID levels.

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The Bloomberg of Freight with Mary O’Connell

The Logistics of Logistics

Mary O’Connell and Joe Lynch discuss the Bloomberg of Freight. Check Call gives insights into the world around 3PLs and freight brokers. Check Call gives insights into the world around 3PLs and freight brokers. Key Takeaways: The Bloomberg of Freight. Modernizing the logistics back office. About FreightWaves.

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Unlocking Logistics Profits with Matt McKinney

The Logistics of Logistics

Matt Mckinney and Joe Lynch discuss unlocking logistics profits. Matt drew upon his background at Uber Freight to tackle the massive problem of building a new structure for the legacy transportation payment system that supports the global supply chain.

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Reports of Convoy Winding Down Digital Freight Business

Supply Chain Matters

Bloomberg, The Wall Street Journal and other industry specific media are reporting that Seattle based digital freight start-up services provider Convoy is preparing for a possible sale or other action. Robinson and Echo Global Logistics. At the time, total capital raised was in excess of $669 million.

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Freight Market Intelligence: Data is crucial, but context is king

Freightos

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

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Ocean Freight Procurement and Going with the Stream

Freightos

The annual fixed-price contract is the current go-to for ocean freight procurement. Fixing a price is almost futile in a volatile market, and ocean freight now has much more volatility (both frequency and magnitude) than most other commodities. But Does Fixed Ocean Price Procurement Need Fixing? We never looked back.