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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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The Impact of Fast Fashion Giants On Air Cargo

Freightos

More Resources Home The Impact of Fast Fashion Giants On Air Cargo Eytan Buchman April 25, 2024 Navigating New Horizons: The Impact of Fast Fashion on Air Cargo Rates & Dynamics The intersection of fast fashion, globalized retail e-commerce, and air cargo logistics is coming to a head with Temu and Shein’s entrance to the US market.

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2021 Logistics Outlook: Truckload Freight Market Forecast

GlobalTranz

That trend also plays into an extended peak shipping season and ongoing tightened capacity in all modes. To help shippers prepare, we will examine contributing factors that will play a significant role in the 2021 truckload freight market. Consumer Spending Shifts Will Continue To Impact The Truckload Freight Market.

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Freight Cost Volatility Impacts on Inflation – An Analysis

Freightos

From lockdown-induced purchasing highs, soaring logistics costs and supply chain snarls to waning demand, soaring inflation, and fears of recession – there has never been a dull moment. . The role logistics costs have played in increased or decreasing inflation is now more relevant than ever. . Sources: U.S.

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Above the Fold: Supply Chain Logistics News (March 15, 2024)

Talking Logistics

Those messages have been a source of strength and inspiration for me during my recovery. Read more The post Above the Fold: Supply Chain Logistics News (March 15, 2024) appeared first on Talking Logistics with Adrian Gonzalez. Thank you for thinking of me and reaching out.

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AI in Logistics: A Sea of Potential Amidst Waves of Change

Freightos

” ( Source) Global freight, with its blend of structured processes, unpredictable variables and high frequency, is perhaps the most fertile playground for the AI revolution. So, where does AI stand among logistics professionals? Do logistics professionals see the same AI revolution that Gates does?

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High freight costs for importers means higher price tags for consumers

Freightos

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. Starting in July 2020, the impact of this trend became obvious when ocean freight prices shot up, and have continued rising. What’s changed in a year?