Freightos

NOVEMBER 15, 2023

More Resources Home November 15, 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. America weekly prices decreased 3% to $5.56/kg

Price Reduction 262

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 262

Supply Chain Matters

SEPTEMBER 18, 2023

Flexport Focus Turns to Profitability and Cost Reduction In our supply chain technology breaking news update on September 7 th , we highlighted the sudden resignation of Dave Clark from the CEO role of freight technology start-up Flexport. Clark, who assumed the sole CEO role in March after company founder Ryan Petersen handed over the reins.

Supply Chain Planning Software 59

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Planning Supply Chain Strategy 59

The Logistics & Supply Chain Management Society

APRIL 26, 2022

More specifically, it took 83 days for container transport from Europe to Asia, and 88 days from North America to Asia. The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier. About the Author.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Resilinc

NOVEMBER 29, 2021

Within a week of the COP26 conference wrapping up, massive floods in British Columbia severed the freight railroad serving the Vancouver, home of Canada’s largest port. We are chasing around North America trying to find other suppliers—at much higher rates,” the CEO of an Edmonton food manufacturer told the CBC.

Supply Chain Design Software 62

Supply Chain Design Software Manufacturing Procurement Sourcing Strategies Supply Chain Design 62

Talking Logistics

SEPTEMBER 29, 2016

In today’s highly competitive marketplace, understanding how your company’s procurement strategy and results compare with industry peers is critical. But again, it all depends on their initial starting point, the freight characteristics of their shipments, and to some extent being located in a favorable geographic position.

Benchmarking 100

Benchmarking Negotiating Skills Price Reduction Cost Reduction Strategies 100

BlueYonder

AUGUST 8, 2022

At our recent customer conference Blue Yonder ICON , we heard first-hand the chronic and new challenges supply chain, logistics, and commerce executives are facing and their strategies and implementations to realize the next visions. labor shortages, and the highest spot-rate freight charges in years. A North America?n

Optimal Sourcing 52

Optimal Sourcing Vendor Strategies Optimization Software Price Reduction 52

BlueYonder

OCTOBER 1, 2022

Strategic relationships, improved collaboration with logistics providers, and the possibility of bringing 3PL/4PL in-house to reduce transportation and warehouse costs and gain more control over logistics operations are all strategies to enable supply chain resiliency. I look forward to seeing you at next year’s conference!

Automotive 52

Automotive Cost Reduction Strategies Inventory Reduction Material Savings 52

BlueYonder

MAY 14, 2021

One of the factors in that evaluation would also be the freight costs you incurred for that container and any additional costs if you are expediting another shipment. If you were to check the freight invoice, you probably paid four times the cost of the container as compared to last year! Peaking Rates. Chart Source: Freightwaves).

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Reduction Agile and Lean Supply Chain 52

Talking Logistics

FEBRUARY 29, 2016

There was a deceleration in freight volumes during the second half of 2015 which continued into the first month of 2016. So, that tells me that the inventory situation continues to weigh on truck freight volumes. percent in December from November , with December 2015 freight shipments down 2.0 percent from December 2014.

Optimal Sourcing 80

Optimal Sourcing Price Reduction Inventory Reduction Cost Reduction Strategies 80

CH Robinson Transportfolio

OCTOBER 7, 2020

Floral season’s imbalance shifts toward the Southeast and produce season primarily impacts the West and Southeast regions of North America. Awareness and advance preparation are paramount when developing a seamless shipping strategy that can adapt to the various seasonal demand changes. Leverage accurate data and forecasting.

North America 44

North America How To Turkey Supply Chain Strategy 44

Talking Logistics

JUNE 2, 2016

This begets the need to set the overall strategy for the divestment by way of an exercise, called “capability scoping.” This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

ToolsGroup

APRIL 1, 2022

Learn more on how to overcome today’s supply chain challenges by securing the free guide, 8 Winning Strategies to Combat Supply Shortages. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Air cargo carriers in North America posted an 11.4%

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Zipline Logistics

JANUARY 10, 2023

He works alongside clients ranging from some of the largest food and beverage businesses in the world to the brightest up-and-coming CPG brands in North America. Or it can lead to fundamental shifts in your logistics strategy like consolidating shipments. Create a logistics strategy that works. Perform a network analysis.

Supply Chain Software 52

Supply Chain Software Security Supply Chain Strategy Logistics Network Optimization Software 52

BlueYonder

FEBRUARY 17, 2022

Impact: This is resulting in procurement teams scrambling to find new supply sources, while engineers are looking for substitutions alternatives, and other company leaders are figuring out how to bring more in-house for a vertical integrated approach. The age of digital transformation and automation is back — with a twist.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

SCMDOJO

MAY 13, 2022

Fast moving forward into 2022 ongoing widespread congestions in ports, container shortages, and volatile shifts in demand for goods from Western economies causing freight rates to skyrocket ended up adding extreme pressure on the main cost drivers of the ocean side of the supply chains and beyond. Supply Chain KPI Dashboard.

Supply Chain Design Software 83

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Design 83

Supply Chain Game Changer

JULY 2, 2021

We’ve interviewed executives in Retail , Public Sector , Procurement and other industries and disciplines to get a sense of how the industry is reacting, not only to navigate the immediate challenges, but to future proof themselves from future disruption. The latest major disruption that has the entire supply chain world buzzing?

Shipping 105

Shipping Agile and Lean Supply Chain Supply and Demand Price Reduction 105

Supply Chain Matters

MARCH 23, 2022

Canadian Pacific is the sixth-largest North America freight railway, and in December 2021 completed an agreement to acquire U.S. Upwards of 3,000 rail workers reportedly returned to work yesterday to resume rail operations across North America after a breakdown in labor settlement talks occurred last Saturday.

Ukraine 52

Ukraine Kansas City Supply Chain Planning Software Supply Chain Strategy 52

Supply Chain Matters

JANUARY 19, 2024

Magazine as one of the fastest growing technology companies in North America. The area’s intermodal freight transport options as well as a highly skilled workforce trained in oil and gas engineering were noted as further key factors. governmental agencies to include U.S. Customs and Border Control, the U.S.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 52

Supply Chain Opz

NOVEMBER 9, 2014

Paul Dittmann , Executive Director of the Global Supply Chain Institute at the University of Tennessee Improving operational efficiency in the global supply chain is a complex undertaking, and requires a documented, multi-year strategy instead of knee jerk reactions, and programs of the month. These are three examples: Rule 3.1:

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Talking Logistics

FEBRUARY 22, 2013

Con-way Truckload and Con-way Multimodal Join Forces to Launch New Intermodal Service for North America. CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. Robinson Introduces Navisphere App for Customers.

Optimal Sourcing 100

Optimal Sourcing Logistics Network Optimization Software Manufacturing Procurement Supply Chain Design Software 100

Supply Chain Matters

AUGUST 2, 2022

Global consumer product goods provider Nestle in its latest report of quarterly financial performance indicated that despite being able to raise prices for a wide variety of marketed products, higher costs for commodities, freight and energy continue eroding profit margins. percent in North America. All rights reserved. .

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Planning Price Reduction 52

Supply Chain Matters

MARCH 29, 2023

assembly plants and sales operations in North America and Europe. Similar to Tesla’s 2018 escapades, including having to on one occasion, the need to air freight an entire automotive production assembly line from Germany to the U.S.

Automotive 52

Automotive Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 52

Supply Chain View from the Field

DECEMBER 5, 2014

Speakers are the SCRC meeting yesterday and today continued to speak more on the topic of transportation strategy given increasing challenges in the transportation sector, and the need for an effective transportation management strategy. This is impacting how you think about managing the network, and in procurement.

Supply Chain Network Software 68

Supply Chain Network Software Meeting Transportation North Carolina 68

Supply Chain Matters

APRIL 7, 2022

Part of this decrease may be attributed to temporary declining freight volumes as regions in Asia continue to deal with COVID-19 related suspensions of production, shipping or transport operations. That compares to $9,279.46 per 40-foot container reported at the end of February. This index stood at $9,304 at the end of 2021.

Global Transportation 52

Global Transportation Logistics Network Optimization Software Cost Reduction Strategies Global 52

Supply Chain Game Changer

MARCH 24, 2020

And with less manufacturing output there were fewer container ships leaving Asia full of goods meaning activity in ports in North America and Europe would slow down rather quickly. As China is the largest manufacturing country in the world the economic repercussions were really starting to be felt. Italy locked down the country.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 82

6 River Systems

SEPTEMBER 17, 2019

Bed Bath & Beyond @BedBathBeyond Bed Bath & Beyond has discovered a way to save millions of dollars on freight over the next few years, thanks to a new 755,000 square-foot distribution facility slated to open in the fall of 2019. In 2016, the company increased its EBIT in the Americas by 40%, with continued growth.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Inventory Reduction 45

Logistics Viewpoints

APRIL 8, 2022

Ongoing global supply chain disruptions have many companies shifting supply chain strategies. Last year, large American manufacturers solicited chemicals, produce, construction materials, and other goods from six times as many suppliers based in Mexico as they did in 2020, according to procurement software firm Jaggaer.

Logistics Network Optimization Software 207

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 207

Talking Logistics

OCTOBER 19, 2018

This week, Uber Freight announced a similar solution called Powerloop. The system will initially be focused only on intrastate loads in Texas, but the company plans to expand beyond Texas in the coming months, says Max Pike, strategy lead at Uber Freight. Anheuser-Busch is one of Uber’s first customers.

Logistics Network Optimization Software 101

Logistics Network Optimization Software Supply Chain Network Software Supply Chain Planning Software North America 101

GlobalTranz

AUGUST 9, 2016

Transportation strategy should not drive how and when product is delivered. Rather, going beyond customer expectations needs to be fully understood, and transportation strategies then developed to meet those expectations with optimal inventory levels. Transportation strategy and tactics must support Lean inventory strategies.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120

Logistics Bureau

MAY 24, 2019

The Path to Cost Reduction: Intel decided to try what was considered an unlikely supply chain strategy for the semiconductor industry: make to order. Procurement analysis. Intel had to shift an entire supply chain to a new and previously unheard of strategy in its sector. Supplier communication. Supply and demand planning.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54