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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Be demand driven.

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How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Declining Freight Rates. Suddenly the freight industry is not so opaque.

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2022: A Look in the Rearview Mirror–Part I

American Global Logistics

We had a hangover from the pandemic: Which led to continued inventory shortages, closures of manufacturing plants in China, congested ports, and underemployment. This was evident with the creation of a new report from the New York Federal Reserve. 5 The modal shift to air freight from ocean freight.

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The Tesla Semi Truck Will Change Freight

Freightos

The Tesla Semi Truck Will Change Freight. Freight innovation frequently focuses on moving data better – like visibility, eBookings , and the new generation of forwarders and brokers. Many major truck manufacturers are now investing in electric rigs, with one projection having them reaching a 25% market share by 2025.

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Top 10 Supply Chain Innovations of 2018

Material Handling & Logistics

Top 10 Supply Chain Innovations of 2016 : robot pickers, bridge-inspecting drones, autonomous freight shuttles, and more. Sustainability. Top 10 Supply Chain Innovations of 2015 : solar-powered vessel, robot dispatcher, 3-D printed flight parts, and more. Warehouse Automation. Media Type. Privacy Settings. anonymous user. Media Image.

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This Week in Supply Chain Management Tech June 28 2022

Supply Chain Matters

With multi-industry supply chains working to augment the resiliency and agility of their strategic supply networks, and with new imperatives related to increased supply chain efforts directed at sustainability and ESG needs, the needs for continual analysis and identified opportunities among the extended supply chain are more pronounced.

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This Week in Logistics News (April 23 – 29)

Logistics Viewpoints

Amazon announces new changes to inventory limits. Earth Day roundup: companies announce sustainability goals. BrightDrop And FedEx set new Guinness World Record. Bank of America sounding the alarm on collapsing freight demand. California readies regulations for zero-emission truck fleets.