Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

Los Angeles 156

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GlobalTranz

JUNE 19, 2018

These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. Conducting annual procurement exercises.

Procurement Solutions 175

Procurement Solutions Procurement Analytics Capacity Procurement 175

The Logistics of Logistics

OCTOBER 19, 2022

Marc is the Co-founder and CEO of Fishtail, a Boston based fintech company that empowers freight forwarders to finance the movement and procurement of goods – for small and medium businesses (SMBs) around the world. Marc Held and Joe Lynch discuss the Fishtail story. About Marc Held. About Fishtail. Key Takeaways: The Fishtail Story.

Optimal Sourcing 223

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CH Robinson Transportfolio

JUNE 13, 2022

Do month-end or quarter-end freight surges affect your transportation costs? Those familiar with transportation know that month-end or quarter-end freight surges commonly occur, and that your routing guide may not work as well as it usually does during those times. You’re certainly not alone in asking this age-old question!

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Supply Chain Matters

APRIL 7, 2023

freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. Freight Rates Reach Six Year Low Milestone first appeared on The Ferrari Consulting and Research Group / Supply Chain Management. percentage points below the February value of 54.7,

Freight 52

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Supply Chain Matters

OCTOBER 19, 2023

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. Both reports cite declining freight industry demand and increased competition among start-ups in this digital freight and logistics segment.

Logistics Network Optimization Software 59

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Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

Benchmarking 68

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The Logistics of Logistics

OCTOBER 4, 2021

and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Michael Leto is Co-CEO at Emerge , a company that is reinventing freight procurement (RFP).

Modeling Software 130

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MIT Supply Chain

DECEMBER 15, 2020

But they do add costs and reduce the efficiency of freight networks. MIT CTL’s FreightLab believes so and is developing alternative contract formats that solidify full truckload agreements and give shippers and carriers more certainty about future freight movements. Is there a better way? A week later, on Nov. but not always.

Freight 52

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The Logistics of Logistics

NOVEMBER 5, 2021

miles of freight is expected to reach 7.67 VP, ARC Advisory Group and Columnist, Forbes With in-depth research experience in logistics, transportation management, and managed transportation services, Steve’s writing and analysis are go-to resources for logistics and transportation professionals. Steve Banker. Cassandra Gaines.

Logistics Network Optimization Software 147

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GlobalTranz

SEPTEMBER 17, 2015

At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. Increasingly, as we work with procurement folks at these companies, we are hearing that technology for better communication and to create more efficiency.

Optimal Sourcing 120

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Supply Chain Matters

MAY 20, 2022

One of the high-flying start-ups that is addressing the needs of smaller regional fleets is Uber Freight. Along the way, Uber Freight initiated a strategic partnership with enterprise Cloud ERP and Cloud SCM provider Oracle. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Sourcing Strategies 97

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Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. The LMI has now declined 6.7

Negotiating Skills 52

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Freightos

MAY 17, 2016

Five Tech Trends That Will Change Freight. However recent Freightos research found that only 32% of logistics professionals believe that drones will change the industry in the next five years (with nascent signs that drones are taking on some niche shipping tasks. Increasingly they are running procurement and logistics departments.

Supply Chain Planning Software 124

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TMC

AUGUST 23, 2017

As companies expand globally through mergers or organic growth, many are faced with the decision of whether or not to combine logistics teams and apply a universal truckload procurement strategy across multiple regions. To obtain the most effective results, best practice requires adaptations to truckload procurement strategies.

Optimal Sourcing 62

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Logistics Viewpoints

JULY 26, 2022

The American Transportation Research Institute (ATRI) continues to rank driver shortages, driver retention, and the costs of extensive regulatory compliance on carrier operations as top concerns for carriers. Due to this awareness, freight sourcing is receiving increased interest from shippers. Ease of use is also essential.

Optimal Sourcing 238

Optimal Sourcing Supply Chain Design Software Sourcing Strategies Cost Reduction Strategies 238

Freightos

JANUARY 30, 2024

More Resources Home January 30, 2024 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 increased 11% to $5.33/kg

Negotiating Skills 274

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Talking Logistics

AUGUST 16, 2021

Editor’s Note: The following is an excerpt of a research report published last week, “Powered by the Network A Platform Approach to Matching Freight Demand with Capacity More Efficiently.” Read more We’re Not in 1980 Anymore: Time to Innovate Transportation Procurement.

Procurement 167

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TMC

AUGUST 23, 2017

As companies expand globally through mergers or organic growth, many are faced with the decision whether to combine logistics teams and apply a universal truckload procurement strategy across multiple regions. To obtain the most effective results, best practice requires adaptations to truckload procurement strategies. In the U.S.,

Optimal Sourcing 54

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Supply Chain Matters

MAY 10, 2022

based Pilot Freight Services for a reported 47.1 Reporting on Maersk’s latest quarterly financial performance, Bloomberg noted that about 71 percent of the company’s container freight business is now locked into long-term contracts, an indication of less exposure to the volatility of spot market ocean freight rates.

Freight 52

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TMC

AUGUST 23, 2017

As companies expand globally through mergers or organic growth, many are faced with the decision of whether or not to combine logistics teams and apply a universal truckload procurement strategy across multiple regions. To obtain the most effective results, best practice requires adaptations to truckload procurement strategies.

Optimal Sourcing 48

Optimal Sourcing Europe Procurement Transportation 48

Freightos

MARCH 12, 2024

More Resources Home March 12, 2024 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 fell 20% to $3.97/kg kg China – N.

Negotiating Skills 285

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The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

In the article My Visit to Energy Observer – A Tour into the Future of Ocean Travel , I wrote how using the sun, the wind and the ocean’s own water was being used to send one research vessel around the world emissions free. Fully using the location and space that the Energy Observer itself took up on the ocean.

Optimal Sourcing 162

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MIT Supply Chain

MARCH 8, 2021

Why the Truck Market’s Sharp Turn Caught the Freight Industry by Surprise The MIT FreightLab’s latest industry roundtable explored the drivers behind today’s extremely tight market for truck capacity and the broader implications for supply chains. However, in U.S. No one knows when supply and demand will be back in balance,” he said.

Freight 52

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Freightos

JANUARY 16, 2024

More Resources Home January 16, 2024 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 8% to $5.36/kg

Negotiating Skills 230

Negotiating Skills Asia Optimal Sourcing Europe 230

Freight Plus

FEBRUARY 27, 2020

Now some of this is certainly attributable to lower volumes of freight coming out of China related to the timing of Lunar New Year and, of course, Coronavirus-which continues to remain a significant issue and is not only driving down exports from China but also driving down imports to China. About the author: ?. ?Chris Chris Peckham.

Price Reduction 52

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Freight Plus

FEBRUARY 27, 2020

Now some of this is certainly attributable to lower volumes of freight coming out of China related to the timing of Lunar New Year and, of course, Coronavirus-which continues to remain a significant issue and is not only driving down exports from China but also driving down imports to China. About the author: ?. ?Chris Chris Peckham.

Price Reduction 52

Price Reduction Research Houston California 52

Freightos

FEBRUARY 7, 2024

More Resources Home February 7, 2024 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 increased 14% to $6.06/kg

Negotiating Skills 177

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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 259

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Freightos

FEBRUARY 28, 2024

More Resources Home February 28, 2024 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 increased 32% to $4.8/kg

Negotiating Skills 177

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Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. With the right data you can reduce your overall transportation costs, both accessorial costs and overall freight spend. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 197

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The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

Secondly, halal training is often focused on the training of people in production, whereas people in procurement, sales, marketing, and logistics/supply chain have often received little, if any at all, training on halal. Marco Tieman is the CEO of LBB International, a supply chain strategy consultancy and research firm.

Pharmaceutical 237

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Freightos

FEBRUARY 13, 2024

More Resources Home February 13, 2024 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 35% to $3.91/kg

Negotiating Skills 194

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Freightos

NOVEMBER 7, 2023

More Resources Home November 7, 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 increased 21% to $5.72/kg

Negotiating Skills 286

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction Strategies 286

Freightos

FEBRUARY 22, 2024

More Resources Home February 22, 2024 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 7% to $3.65/kg

Price Reduction 177

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 177

Logistics Viewpoints

MAY 16, 2022

ARC has done research and writing on supply chain collaboration networks. SCCN suppliers like Emerge, GEP, and Coupa provide good network visibility to procurement; solutions from FourKites and project44 provide visibility to shipments; and solutions from Interos or Eversteam Analytics provide visibility to new risks in almost real time.

Supply Chain Planning Software 211

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Supply Chain Matters

DECEMBER 28, 2023

Our published research advisories and blog commentaries have focused upon addressing the needs, challenges, and ultimate benefits for businesses in establishing an integrated and more synchronized B2B Supply Chain Business focused network. An evolving new area is in the monitoring and tracking of ESG focused data and conformance needs.

Supply Chain Planning Software 59

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