Are Ocean Freight Prices Absolutely Broken?

Freightos

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing $4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken?

Current State of the Logistics and Freight Economy

Cerasis

From cloud-based systems to transportation management, the state of the logistics industry is evolving to expand an increasing number of services. Meanwhile, the overall capacity of shipments is climbing higher, reports Jeff Berman of Logistics Management, and the driver shortage is becoming more essential as full truckload shipments decrease. So, the conversation needs to turn toward another aspect of how 3PLs influence the state of the logistics and freight economy, digitization.

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Logistics Consolidation: Trends Arising From Consolidation of the Logistics Industry

Cerasis

Logistics consolidation will have a resounding effect on the industry in 2019. Logistics consolidation is a fancy way of describing the transition of shipping modes to accommodate available capacity. Unfortunately, stress in the industry translates into higher logistics cost, so logistics consolidation will become more commonplace throughout the year, resulting in these additional trends. As a result of logistics consolidation.

Mastering Menards Delivery through Retail Specialized Logistics

Zipline Logistics

Delivering to Menards can be a challenge for brands that do not have an efficiently optimized logistics function or extensive experience working with the retailer. We are here to breakdown what you need to do to master delivery into the retailer’s various distribution centers.

Amazon’s Freight (Train) Is Coming

Cerasis

Bibliophiles everywhere can still hardly say “Amazon” without snarling, and Amazon’s effect on retail, grocery delivery, and even cloud computing is nothing short of transformative. Walmart and Kroger are the biggest retailers in the US, but when it comes to e-commerce, nobody comes close to Amazon. Shipping Costs Are A Thorn In Amazon’s Side At its core, Amazon is a logistics company. Logistics Supply Chain

[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. A more efficient inbound freight program can minimize delays, save money and even reduce confusion.

Why Mastering E-Commerce Shipping Strategies Will Help Retailers Avoid the “Retail Apocalypse”

Cerasis

The retail apocalypse has received plenty of attention over the past three years. Brick-and-mortar stores that understand the invaluable role of e-commerce in relation to omnichannel supply chain success can help retailers avoid the retail apocalypse. In a sense, the retail apocalypse, which some believe is all hype and not fact, is about comparing apples to oranges. An Effective E-Commerce Shipping Strategy Mitigates Losses From the “Retail Apocalypse.”

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Top 5 Practical Freight & Logistics Applications of Blockchain-Based Systems

Shipchain

While there is much truth to the hype, it is important to stay practical and understand the logistics applications of blockchain and what they mean for you and your organization. Logistics Applications of Blockchain Maintain Data for All Parties. Logistics applications of blockchain all derive from maintaining an incorruptible data resource. Payment Management Forms Another Key Freight-Use for Blockchain-Based Systems. Freight shipped sooner for shippers and carriers.

Shipping Less-Than-Truckload Freight in E-Commerce: Shipping Online Is More Than Just Parcel Shipments

Cerasis

According to Logistics Management, more parcel carriers are moving heavier parcel shipments to less-than-truckload freight in e-commerce because they’re overwhelmed. This creates a wonderful opportunity for shippers to eliminate the middleman costs by considering the use of less-than-truckload freight options for e-commerce. Simultaneously, customers are growing to expect the same Amazonian delivery schedules from their favored retailers.

LTL Capacity Best Practices in Times of Tight Freight Capacity

Cerasis

LTL capacity is quickly becoming harder to find, and full truckload carriers have already started to turn away freight. Meanwhile, LTL carriers struggle to meet on-demand needs, so shippers need to know a few LTL capacity best practices to ensure their freight can be moved on time and without added costs. The Problem With Securing LTL in the Midst of a Capacity Crunch As explained by Jeff Berman via Logistics Management , LTL capacity woes are increasing.

What You Need to Know About Full Truckload Freight Allocation

Cerasis

Poor visibility in freight allocation is a leading reason shippers experience difficulty in managing freight, and this problem is evidence of a disconnect between the person managing freight and company stakeholders. Goodwill notes shipment data granularity and analysis are linked with better freight allocation , which means making use of the full spectrum of available shipping options, including full truckloads. Yesteryear, freight allocation was simpler.

Everything You Need to Know: Spot Market Freight

PLS Logistics

The complexities of a supply chain and the steps for moving freight to its end location are often overlooked. But, for manufacturers, suppliers, and retailers, logistics is a top priority to business operations. Accurately planning for efficient transportation routes and potential delays comes with many challenges, which is why many shippers turn to a freight broker to ship goods. Freight Shippers Shipping Retail

Retail Compliance Programs: How to Exceed Retailer Expectations

CH Robinson Logistics

The retail industry is evolving and adapting to new consumer demands which is shifting the supply chain landscape. Retailers expect more supply chain visibility, shorter delivery times, and real-time connectivity from shippers and carriers. Compliance programs vary by retailer but the intent is consistent across the industry—have the right product in the right location at the right time while removing waste. And, in the world of logistics, it means you must be nimble.

Market Update: Seasonal Freight Surge and Consumer Forecast

PLS Logistics

So many of the year’s sales occur during the short two-month season, so the logistics process needs to be efficient enough to handle the increase of purchases. It’s estimated that retailers derive 20-30% of their annual profit during November and December. The holiday season puts great pressure on supply chains because everyone peaks at the same time,” says NRS vice president of logistics and supply chain solutions. Freight 3PL Carriers

Which Industries Will Demand Greater Logistics Capabilities in 2019

Cerasis

economy, regardless of the slight shakeup at the end of 2018, alludes to a year in which logistics capabilities will expand. Companies across the spectrum of the economy are expanding and demanding more from carriers and the logistics industry, and as a result, logistics capabilities will need to grow in accordance. Consider these industries and areas of the economy where logistics capabilities will expand throughout 2019. Strong growth in the U.S.

Tips for Retailers (And All Shippers) to Overcome the Amazon Effect

Cerasis

There is no doubt, that the retail landscape is increasingly looking like an online one as traditional brick-and-mortar retailers, such as Toys R Us, Foot Locker, and Best Buy mobile shutter hundreds of stores unable to keep up with the changing customer that wants fast, free delivery all with just a click of a button. Despite some struggles, retail as a whole had a solid 2017, as total sales reached $3.5 The State of Retailing Online (SORO) survey of U.S.

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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. Think retail.

7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. Smaller companies have lean shipping departments and are often focused on moving product with little time and energy remaining to negotiate contracts and analyze freight spend. Disaggregate freight spend data. When analyzing freight spend, the devil is in the details.

BluJay Partners with Raven Logistics to Deliver Single TMS Access for Rail, Truck, and Ocean Freight

BluJay Solutions

Holland, MI – June 18, 2020 – BluJay Solutions , a leading provider of global supply chain software and services, announces a partnership with Raven Logistics , a railroad logistics management company specializing in strategic transportation planning, advanced railroad SaaS, and operational excellence over the last 25 years. About Raven Logistics. BluJay Solutions helps companies around the world achieve excellence in logistics and trade compliance – it’s in our DNA.

Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

Cerasis

Calculating the carbon footprint of a company’s comprehensive logistics framework is tremendously complex. WorldShipping.org cites data from The Network for Transit and the Environment that shows that measured by grams/kg/km air freight as the largest carbon footprint impact and steamships as the lowest. Creating more sustainable logistics is even more important for the trucking industry. Sustainable Logistics | Quantifying Sustainability Measures of Your Logistics.

Omnichannel Retail Requires Close Collaboration with Logistics Providers

Enterra Insights

The next time you feel the need to toast someone, raise your glass to all the supply chain professionals involved in omnichannel retail operations. John McAteer, Vice President of Sales, Retail, and Technology at Google, writes, “In retail, there’s no space for standing still. Empowered by mobile, people can get exactly what they want instantly and effortlessly, and they expect retailers to meet their needs faster than ever before.”[1] Omnichannel logistics challenges.

The Role of Final or Last Mile in E-Commerce to Effectively Deliver Freight to Your Customer

Cerasis

Simply not delivering a package on time will dramatically increase the rate of returns, and poor last mile in e-commerce delivery can contribute to increasing logistics costs. The best-laid plans for e-commerce shipping will fail when shippers do not consider this final, vital leg of the journey, and those that do take the time to understand its challenges and focus on last mile delivery can excel in e-commerce, and deliver more freight to consumers, boosting profitability.

5 Podcasts for Supply Chain and Logistics Professionals

Cerasis

These podcasts bring the latest news and thought leadership in the supply chain and logistics industries right to your earbuds. If you’re looking to increase your podcast listening , here are five that highlight topics of interest to supply chain and logistics professionals. 5 supply chain and logistics podcasts. Talking Logistics with Adrian Gonzalez. Nearly all of Supply Chain Insights’ podcasts feature executives and experts sharing their logistics insights.

Dock Scheduling: A Requirement as Retailers Double Down on WMS & WES

C3 Solutions

The opportunities to grow fulfillment and improve the flow of inbound and outbound freight depend on multiple factors. Both systems, as well as hybrid versions, are rapidly reshaping the standards of dock and logistics management, and the trend is expected to continue.

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The State of Uncertainty in the Freight Market!

Supply Chain Game Changer

Freight market article and permission to publish here provided by Kevin Jessop at cerasis.com. Meanwhile, the global air cargo volume has dropped significantly, explains Greg Knowler, JOC Senior Editor , “up to 5,000 tons of cargo in air freight from China to the U.S. It is a grand irony that this black swan event has stimulated a run on grocers and retail that’s reminiscent of the bank run during the Great Depression. The post The State of Uncertainty in the Freight Market!

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[PODCAST] Why Shippers Looking for Capacity & High Service Levels Need the Right Carrier Mix & Logistics Fundamentals Focus

Cerasis

Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode we welcome Andrew Lynch, Co-Founder & President of Zipline Logistics, an award-winning logistics service provider that specializes exclusively in the transportation of retail consumer goods and food and beverage products. We hope you enjoy “The Freight Project Podcast.” We’ll publish every Tuesday right on the Cerasis blog and Freight Institute.

What are the Top 7 Trends in Last Mile Logistics?

Supply Chain Game Changer

Check out 6 Major Delivery Logistics Trends! Shippers face many challenges in successfully delivering products to end-users, and last mile logistics will be a core focus of change in the coming months. By 2018 alone, same-day delivery and last mile logistics will be valued at more than $1.35 E-commerce is the driving force behind the sudden uptick in last mile logistics, and as explained by Logistics Management, e-commerce is expected to grow to $2.4

Top 15 Logistics Blog Posts of 2014

Cerasis

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. There are countless number of logistics service providers who offer many different types of broad and niche services. Top 15 Logistics Blog Posts of 2014.

Logistics M&A Activity Picks Up

Logistics Trends and Insights

Uncertain times breeds opportunities and within just the past month or so we have seen a number of logistics acquisitions take place. Expeditors International of Washington acquired Fleet Logistics. Likewise, other types of recent acquisitions are in progress as well including Lineage Logistics’ pickup of Henningsen Cold Storage to expand its temperature-controlled warehousing network in the U.S. Nippon Express recently acquired MD Logistics, the U.S.

What’s Next for a Bubbling Freight Market?

Zipline Logistics

Despite a pandemic that has disrupted many parts of the global supply chain, the freight market has been on a recent tear. Simply put, there is more freight than available trucks, which has severely tightened capacity and driven up rates. What’s Causing Upward Freight Market Trends?

Boom Time for the Shared Economy within Supply Chain

Logistics Bureau

In logistics and supply chain management, however, transport and warehousing are the most significant sharing processes thanks to a welter of economic benefits for all parties—and the trend is accelerating despite the dampening effect of the COVID-19 pandemic.

Logistics KPIs Case Study: Whirlpool’s Supply Chain and Logistics Success Driven by Effective KPI Implementation

Cerasis

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. The Reiterated Importance of Understanding and Managing KPIs in Business and Logistics Management. We hope the following case study shows you the proverbial proof in the pudding of effective Logistics KPIs management. . What core Logistics KPIs would you track?

The Data Behind Amazon’s Logistics and Fulfillment Play

Freightos

This is how he described their impact (emphasis added): “It may be because customers have such easy access to more information than ever before – in only a few seconds and with a couple taps on their phones, customers can read reviews, compare prices from multiple retailers, see whether something is in stock, find out how fast it will ship or be available for pick-up, and more. Consumer retail may have taken the first hit, but customer expectations are upping the ante in every vertical.

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What Does the Future Hold for Sea and Air Logistics?

20Cube Logistics

The Future of the Logistics Industry in India. Due to the growth of the economy, there has been a rise in the demand for logistics providers in India. In fact, the country has become a prime destination for logistics companies all over the globe.

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[e-Book] The Ultimate Guide to Last Mile & White Glove Logistics

Cerasis

It can be hard to wrap your mind around how encompassing last mile Logistics can be. In this e-book, "The Ulitmate Guide To Last Mile & White Glove Logistics", these top lessons that shippers need to know about last-mile logistics in the modern era. Shippers’ Last Mile Logistics Strategies Must Evolve to Meet Renewed Demands. The Complexity of Last Mile Logistics Continues to Disrupt Existing Supply Chains. E-Commerce Logistics Will Continue to Evolve.