The State of the Tactical Freight Market and What You Need to Know About It

Cerasis

The current freight market continues to ramp up in anticipation of the most active returns season of the year. The strong demand for more freight continues to grow, and consumers have divine expectations for the performance of supply chains. There was a time when tactical freight management referred solely to the day-to-day operations that occurred.read More. Freight freight market

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?

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What Is Free or Freight on Board (FOB), and Why Should Shippers Understand This Term?

Cerasis

One of these terms, free or freight on board, also has irony within its name. What Exactly Is Freight on Board? Freight on board, also known as free on board, refers to a set of Incoterms that govern who owns and pays for a shipment when traveling overseas. However, the interchanging use of free and freight can lead to some confusion, especially considering the terms abbreviation, FOB. Who Pays the Freight Cost for FOB? Freight prepaid.

5 Most Popular Freight Blog Posts of 2015…So Far

Cerasis

As we round out the 5 categories, we come to the place of our expertise: Freight and Transportation Management. As a third party logistics provider squarely focused on freight and transportation management, we also understand that if we only talk about those two categories, we are not thinking well rounded enough. You can view all of the freight blog posts in the Freight category here. . 5 Most Popular Freight Blog Posts of 2015.So Freight freight blog posts

The 12 Most Popular Freight Blog Posts of 2014

Cerasis

We first featured the most popular manufacturing blog posts followed by the top Supply Chain blog posts, then logistics, transportation, business, 3PL, and then finally we round out our series today featuring the most popular blog posts focused on freight and freight management. The 12 Most Popular Freight Blog Posts from 2014. Freight is something very near and dear to us at Cerasis. Now you must take the first 6 steps of filing a freight claim.

Shipping Freight Isn’t Tactical Anymore: 3 Areas That Require Strategic, Collaborative, & Innovative Thinking

Cerasis

In today's ever more complex supply chain riddled with thousands upon thousands of processes, shipping freight has moved beyond tactical prowess for those who execute well and has evolved to now include strategic, innovative, and collaborative efforts to maintain not only a competitive edge but reduce overall transportation cost footprint. This series' goal is to empower those shipping freight with more confidence. Knowledge of Best Practices in Shipping Freight.

Top Winter Freight Shipping Tips

Freight Center

Winter freight shipping always tests the strength of the logistics industry and e-commerce. Below is a quick list of the top winter freight shipping tips to help guide you and keep your supply chain hot during the trickiest time for shipping. And you don’t need to be a rocket scientist to know the effects a snowstorm has on highways and freight shipping. Winter storm related delays should be expected and incorporated into the planning of your winter freight shipping strategy.

How to Lower Your Ocean Freight Costs!

Supply Chain Game Changer

Do You Have Hidden Freight Costs? Ocean freight article and permission to publish here provided by Katherine Barrios at xeneta.com. Freight forwarders and shippers/BCO s are on a constant quest to have a better understanding of their ocean freight costs and ultimately have larger margins. Freight costs are considered by many forwarders and shippers to be a major part of their total shipment cost. Here are 15 tips for lowering ocean freight costs.

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What is Freight Management?

PLS Logistics

Historically, the connotation of freight management was changed and reshaped many times. In general, it refers to all the processes that cover preparing, shipping, storing and receiving freight. But in a more specific meaning, freight management is the service provided by freight forwarders or third-party logistics companies. It suggests matching loads to freight carriers, route […].

Freight Analytics That Will Enhance Productivity

Cerasis

Freight analytics refers to a set of algorithms that meticulously comb through the mountain of freight data to unlock its potential. Recent research indicates the freight metrics and analytics market will swell to more than $27.4 The post Freight Analytics That Will Enhance Productivity appeared first on Transportation Management Company | Cerasis. Automation Data Freight freight analytics

Top Freight Articles of 2015

Cerasis

Today we finalize our most viewed articles from the Cerasis blog by featuring the most read freight articles published in 2015. We have published now over 650 articles, and so you should almost find anything related to manufacturing, supply chain, logistics, transportation, and freight. . Top Freight Articles of 2015. However, this is expected as freight is much more tactical than say a broad look at manufacturing or even transportation management.

How To Find a Great Freight Forwarder

The Logistics of Logistics

I often hear from novice shippers: “How can I find a great freight forwarder?”. The truth is that finding a great freight forwarder is actually rather easy. Here are nine items to look for when searching for the best freight forwarder for your company: Research, Research, Research. Before seeking out a great freight forwarder, it would make sense for a shipper to understand what a freight forwarder does. A freight forwarder is as great as their reputation.

Freight Brokers Continue to Show Their Value

Logistics Trends and Insights

Definitely benefiting from a healthy economic climate; however, it was their freight brokerage divisions that really shined. In fact, freight brokerage in general continue to shine bright thanks to capacity constraints within the trucking industry. freight brokerage firm, C.H. Meanwhile, XPO Logistics’ non-asset based freight brokerage services revenue increased 17.6% As such, digital brokers have emerged such as Convoy and Uber Freight. Leading 3PLs C.H.

What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. “Logistics” and “Freight” both conjure up imagery associated with the movement and transportation of goods whether by truck, car, rail, ocean liner or any other form of transportation. What is Freight Management? But what activities are thus considered to be a part of Freight Management?

How to find a great freight forwarder

The Logistics of Logistics

I often hear from novice shippers: “How can I find a great freight forwarder?”. The truth is that finding a great freight forwarder is actually rather easy. Here are nine items to look for when searching for the best freight forwarder for your company: Research, Research, Research. Before seeking out a great freight forwarder, it would make sense for a shipper to understand what a freight forwarder does. A freight forwarder is as great as their reputation.

What Is LTL Freight Consolidation: How to Overcome Challenges & Benefit

Cerasis

Less-than-truckload (LTL) freight revolves around shipments that weigh more than 150 pounds but do not rise to the need for a full truckload (FT). LTL freight consolidation refers to the combining of multiple LTL shipments to full a truck and takes advantage of the lower rates associated with FT. The post What Is LTL Freight Consolidation: How to Overcome Challenges & Benefit appeared first on Transportation Management Company | Cerasis.

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

Cerasis

Final mile and last mile both referred to the final stage of delivery, and the use of last mile in e-commerce can mean the difference between a positive customer experience and a return. 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.

How To Find a Great Freight Forwarder

The Logistics of Logistics

I often hear from novice shippers: “How can I find a great freight forwarder?”. The truth is that finding a great freight forwarder is actually rather easy. Here are nine items to look for when searching for the best freight forwarder for your company: Research, Research, Research. Before seeking out a great freight forwarder, it would make sense for a shipper to understand what a freight forwarder does. A freight forwarder is as great as their reputation.

Why Shipping Lead Time Matters in a Tight Freight Market

Zipline Logistics

But with freight conditions like those we have seen throughout most of 2020, building in additional lead time is an even more essential piece of your logistics operational puzzle. Building-in additional lead time in a tight freight market is crucial.

The Walmart Effect: More Stringent Inbound Freight Management Demands on the Way

Cerasis

In today’s world of inbound freight management demands, it is easy to get wrapped up in the hype over the Amazon effect. The Walmart Effect refers to the brick-and-mortar Giants capability to enact.read More. The post The Walmart Effect: More Stringent Inbound Freight Management Demands on the Way appeared first on Transportation Management Company | Cerasis. Freight Inbound Freight inbound freight management demands

Importer/Exporters vs Freight Forwarders/3PL – Levelling the Playing Field

3rdwave

Too often – make that almost always – importers and exporters (BCOs – Benefiticcial Cargo Owners) are dependent on their NVOCC, Freight Forwarder or 3PL (3PL) to provide them with visibility into their global supply chains.

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How to Become a Freight Forwarder

Cerasis

Cerasis is not a freight forwarder, but technically a freight broker/transportation intermediary who specializes in North American Transportation Mangement primarily for less than truckload shipping, truckload, and small package. Cerasis does work with many freight forwarders who import into the US and need trucks to move from the port inland. We hope this post is helpful for those looking to become a freight forwarder but also for shippers wanting to know how it works. .

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How to prepare for freight market shifts in 2020

CH Robinson Transportfolio

When referring to the for-hire TL market, we’re looking at 10-20% of the market that is considered the “spot” market.” In terms of available freight, economic and market analysts suggest for-hire truckload volumes will be plus or minus 0.5% It’s not just about the economy and freight movement in the market. Robinson as we help them secure the most attractive and predictable freight , which allows for better planning, higher yield, and higher driver retention.

Ten Steps to Managing Inbound Freight: A Coordinated Dance between Shippers and Suppliers

Material Handling and Logistics

There is a profound difference between inbound and outbound logistics—inbound deals with the delivery of raw materials or goods coming into a business while outbound logistics refers to goods going out. Both inbound and outbound freight require carefully choreographed steps for a successful dance. A more efficient inbound freight program streamlines processes to achieve greater savings. Implement a dynamic rate allowance program for freight costs.

Ocean Freight Routing Terms Explained

Material Handling & Logistics

The ocean freight industry uses many acronyms to describe a shipment’s routing. Here are some of the most common ocean freight routing terms that are important to know. . This acronym stands for All Water Service, which is one of the most cost-effective ways to ship your cargo, and also one of the most eco-friendly ; however, it’s also one of the slowest forms of freight transportation. At first glance, this freight forwarding term might seem interchangeable with IPI.

The National Truck Driver Shortage is Threatening the Freight Industry

Elementum

The trucking industry, which moves 70% of US freight, has been facing a driver shortage for the past 15 years. Associate professor of Supply Chain Management at the Harbert College of Business Stephen Swartz refers the new regulations as “confusing” and “frustrating” for drivers. The hour-of-service regulation has affected the industry’s productivity, hence the need for more trucks and drivers to move the same amount of freight.

Freight rates forecast to rise 10-20%

EFT

Name="footnote reference"/>. Name="annotation reference"/>. Name="endnote reference"/>. Name="Subtle Reference"/>. Name="Intense Reference"/>. Research suggests that the new IMO 2020 MARPOL Annex VI policy, which looks to tackle ship emissions through reducing their sulphur content, will raise freight rates by around 10-20%. This means that 10%-15% of total ocean-going freight capacity will employ scrubbers, rising to approximately 20% by 2025.

Air Freight: Learning the Basics to Optimize Your Global Supply Chain

CH Robinson Transportfolio

Air freight is often more expensive than any other mode of transportation. When considering the cost of a modal shift to air cargo, keep in mind that the freight cost is only one component of the equation. Other benefits within your supply chain—from lower inventory carrying costs and the opportunity to capture market share—may offset the possibility of higher freight costs. Definition: As the name suggests, your freight is shipped as soon as a flight is available.

Freight Claim Laws: The Various Laws You Need To Know

Cerasis

Freight claim loss is almost a taboo subject in modern shipping. No one wants to touch it, but it’s important to know which freight claim laws govern certain modes of transportations , allowing everyone to understand when and if a claim is appropriate. Let’s look at some of these freight claim laws and what they mean for freight transportation liability. Freight Claim Laws: The Various Laws You Need To Know. Freight Claims

Nine Questions to Ask When Buying Freight Forwarding Software

BluJay Solutions

The freight forwarding business is rife with challenges, from narrow profit margins to staying abreast of the latest regulatory and statutory requirements. So the right freight forwarding software can make all the difference – if you know what to look for. So regardless of what you call yourself – freight forwarder, logistics service provider, third-party logistics provider – there are additional complexities and interdependencies that you need to deal with.

Concealed Freight Damage: NMFTA Changes Reporting Window Effective April 18, 2015

Cerasis

As the world becomes hyperconnected , the demand for rapid response for concealed freight damage, general freight damage or missing items from shipments has changed. On April 18, 2015, the National Motor Freight Traffic Assocation® has amended the NMFC rules regarding the required time frames for reporting concealed freight damage. What Causes Concealed Freight Damage or Loss During Transport? Full Concealed Freight Damage Legalese Below.

9 KPIs to Track for Proper Freight Management

Cerasis

However, if you know what critical freight management KPIs or key performance indicators to track, you can know exactly how to change processes to decrease costs, which will result in savings for the end user. According to a National Cooperative Freight Research Program report, Performance Measures for Freight Transportation , the following graph breaks down how other respondents rate the cost of logistics. Federal Power Over Freight Management KPIs.

A Question Shippers & Business Savvy Individual Need Ask: How Much Does it Cost to Be A Freight Broker?

Cerasis

Did you know by definition, a 3PL is considered a freight broker and must go through the process each year to invest in their own business so they can support those? Or are you a Logistics Manager curious about what it costs to become a freight broker either because you want to know that whom you are working with has done all the right things (you know, since they'll be managing your freight) or because you yourself may want to be a freight broker?

Why Shippers Love Supply Chain Visibility

PLS Logistics

Visibility refers to understanding what goes on between the start and end of a process. Freight Supply Chain Shipments Visibility Supply Chain DisruptionsWith supply chain visibility, companies can analyze data and evaluate suppliers, processes and prices.

9 General but Important Tips and Guidelines for Better & Sustainable Freight Management

Cerasis

Are you looking forward to becoming a master of logistics, handling freight management with increased efficiency? Freight Management will be a far easier task when you know how it all fits in the grand scheme of things. There are plenty of mobile apps capable of helping you with freight management in the long run, becoming an invaluable tool to help with your business analysis. This is even more so if your freight has any special needs.