Are Ocean Freight Prices Absolutely Broken?

Freightos

Special thanks to Lars Jensen, CEO at Sea Intelligence Consulting and Zvi Schreiber, CEO of Freightos Group for their input and insights for this report. . Is ocean freight pricing broken? FREE SAMPLE REPORT. The post Are Ocean Freight Prices Absolutely Broken?

A Complete Breakdown of the 26th State of Logistics Report

Cerasis

On June 23, 2015, the Council of Supply Chain Management Professionals ( CSCMP ) released the “State of Logistics Report,” which happens to be in its 26 th year. For members of the CSCMP , the cost of the report is free, but it stands out at $295.00 Some of the key points within the State of Logistics Report include the cost of logistics in the US, managing capacity, and addressing the trucker shortage. Logistics LTL Transportation Management state of logistics report

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Inbound Freight Reporting: 16 Ways to Use Freight Data to Evaluate Spend by Supplier

Cerasis

When shippers grow too comfortable with inbound freight management activities, mistakes occur, and failure to recognize the signs of poor visibility in inbound freight management will result in higher costs. Fortunately, inbound freight reporting leverages the capability of advanced systems and data-driven workflows to improve visibility and evaluate freight spend by the supplier. Data Inbound Freight inbound freight reporting

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The Current State of LTL Freight in 2018

Cerasis

Less-than-truckload (LTL) freight is in the midst of a boom. The state of LTL freight offers a grand opportunity to overcome the significant obstacles created through economic growth, e-commerce, and global markets. Expected increases in LTL freight costs.

What Exactly is Freight Consolidation?

Supply Chain Game Changer

Do you have a Freight Management Strategy or are you Spinning your Wheels? Freight Consolidation article and permission to publish here provided by Adam Robinson at sonar.freightwaves.com. How can freight forecasting aid consolidation strategies? What is Freight Consolidation?

5 Possible Scenarios for Peak Season Demand in 2020 | Fast Freight Five VIDEO

Cerasis

Preliminary reports suggest upcoming spend will break records. Freight management parties need to understand the top five possible scenarios for.read More. Rapidly changing supply chain market conditions have created vast uncertainty for peak season demand in 2020.

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Freight Classification Errors, Re-Weighs, & Other Common Freight Adjustments Are Eating Your Bottom Line’s Lunch

Cerasis

Shippers are often challenged when dealing with the freight classification system from the National Motor Freight Classifications (NMFC) book, the code numbers assigned to all products that determine the correct freight class for shipments. As we said in our freight claims series, knowledge is power in avoiding errors that may drive up your transportation costs unnecessarily. A Brief on Freight Classification.

[e-Book] The Essential Guide to Inbound Freight Management

Cerasis

How Big Is the Problem Of Inbound Freight Management? Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. Depending on the industry and size of the company, a business can spend more than 40% of its annual freight budget on inbound shipping, according to the Aberdeen Group, a research firm in Boston. A more efficient inbound freight program can minimize delays, save money and even reduce confusion.

Top Freight Blogs of 2016… So Far

Cerasis

We will feature our 5 main categories all week: Logistics , Manufacturing , Supply Chain , Transportation , and Freight. Our goal is and will always be with the Cerasis blog to provide as much value through informative and education blog posts in several categories that are pertinent to those in the manufacturing, supply chain, logistics, and freight industries. 5 Most Popular Freight Blog Posts of 2016.So 9 KPIs to Track for Proper Freight Management.

8 Freight Shipping Trends Shippers Must Know for 2017

Cerasis

The freight industry of today is evolving rapidly. It is no longer bound by the traditional constraints of the economy, and Amazon is gearing up to begin expanding to be the best of the global freight shipping providers. As a result, your company needs to think about these freight shipping trends and how you can prepare to respond to them as soon as possible. 8 Freight Shipping Trends Shippers Must Know for 2017. Hours of Service Will Become Core to Freight Operations.

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

Shipping Less-Than-Truckload Freight in E-Commerce: Shipping Online Is More Than Just Parcel Shipments

Cerasis

According to Logistics Management, more parcel carriers are moving heavier parcel shipments to less-than-truckload freight in e-commerce because they’re overwhelmed. Why Are Shippers Looking to Less-Than-Truckload Freight in E-Commerce? E-Commerce Logistics Freight LTL Small Package

Two Important Questions About the Future of Freight Moves

Talking Logistics

Freight tons moving on the nation’s transportation network will grow 40 percent in the next three decades while the value of the freight will almost double, increasing by 92 percent, according to the latest projections by the U.S. Not surprising, considering the ongoing growth of e-commerce, freight moves in tons by “Multiple Modes and Mail” — which includes shipments by parcel delivery services, U.S.

4 Fascinating Freight Facts

Freight Center

The freight industry is a key component to the success of modern commerce. Check out these fascinating freight facts that perhaps you never knew. Freight Fact #4: Trucks are King. of the nation’s freight by weight.” You’ve probably been stuck behind a freight trailer once or twice on the highways, but it’s for a good reason. Freight Fact #3: Sea to Shining Sea. When you think about it, this might actually be one of the lesser surprising freight facts.

Winds of change in freight transportation supply chain: Platooning technology

Kinaxis

I found it interesting to discover that one of their current projects has direct impact on supply chains; more specifically, on freight transportation. alone, the American Trucking Associations (ATA) reported that trucks carried 10.49 tons of freight in 2015, accounting for 70.1% of domestic freight tonnage. According to a report released by Transport Canada, some studies have shown fuel savings as high as 21 percent.

Supply Chain Visibility in a Time of Crisis: What the 2020 Visibility Report Tells Us

Supply Chain Nation

Answers to this question is in the 2020 Supply Chain Visibility Report based on research by Reuters Events and eyefortransport (eft), sponsored by Blue Yonder. COVID-19 Supply Chain EFT Report supply chain planning visibility

2020 Trends in Freight Transportation, and the COVID-19 Impact

Logistics Bureau

Now the entire freight transportation industry, across air, ocean, road, and rail sectors, is awash with disrupted expectations and has retreated into survival mode. Let’s take a look then, at each sector in turn, starting with air freight. Air Freight Transportation Trends 2020. The Freight Rate Roller Coaster. In the two years or so before 2020, capacity growth had been outstripping the rate at which demand was rising, keeping air freight rates down.

Current State of the Logistics and Freight Economy

Cerasis

Meanwhile, the overall capacity of shipments is climbing higher, reports Jeff Berman of Logistics Management, and the driver shortage is becoming more essential as full truckload shipments decrease. Although an initial view of the logistics and freight industry seems stale, it represents how the flow of goods and services are sprouting and delivering more with fewer resources. Logistics and Freight Economy: Putting It All Together. Freight Logistics freight logistics

Full Truckload Technology: The Various Technology Involved in Full Truckload Freight Shipping Management

Cerasis

The most recent report on adoption rates of TMS is from 2015, with only 35 percent of shippers actively using a TMS, asserts Bridget McCrea of Logistics Management. In full truckload freight management, technology will make or break plans for keeping freight spend in check. Demand for record-breaking speed of delivery and free shipping are only making the case for greater use of technology in full truckload freight shipping management, and shippers need to understand why.

Value-adding Features of a Great Freight Rating System Within a TMS

Cerasis

Freight rating software is a necessity for shippers and 3PLs. There is more at stake in the choice of a freight rating system. When shopping for a Freight Rating Software System with TMS, look for key points that will add value and provide additional benefits for shippers. The Basic Functionality of a Freight Rating System. The fundamentals of a Freight Rating System match a user’s shipping and freight characteristics and a carrier’s service and price options.

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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.

e-Freight Solutions for Air Cargo

Descartes

Julie Calcunovitch is Vice President, Air Product Management at Descartes The highly demanding and competitive nature of the supply chain industry demands proactive collaboration amongst trading partners in the air freight community. With the right solution, organizations can realize significant gains in internal efficiencies and processes, as well as have the foundations in place to adapt to newindustry initiatives such as the IATA e-freight program.

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Looking for Freight Broker Tips? Join These 5 Online Communities.

Cerasis

Launching your business in the freight broker and logistics fields can be an exciting journey. One of the best ways to get the knowledge you need to excel is to turn for freight broker tips in online groups. Unlike official courses where you get the basics about the trade, online groups provide first-hand freight broker resources. Let’s look at five of the top online communities for freight brokers. #1. Freight Broker Tips and Resources (LinkedIn).

Do You Have Hidden Freight Costs?

Supply Chain Game Changer

Having come from a company wherein we were selling Freight management services I was curious about Freight spend at this new company. “How much were we spending on Freight?” Hidden Freight Costs. Hidden Freight Costs In The Piece Price. Subscribe Here!

LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

Cerasis

Black swans in the supply chain refer to unexpected, unusual disruptions within the supply chain, reports Melanie Nuce of Inbound Logistics. For freight, managing black swan events, like risk mitigation , means finding problems that are on the verge of causing disruption and taking advantage of resources to minimize their impact. For shippers, this means finding a way to handle changes in inventory and replenishment, as well as managing outbound freight and reverse logistics.

Editor’s Choice: BluJay Solutions Freight Market Index

Logistics Viewpoints

This week, we look at BluJay Solutions’ Freight Market Index. Our April 2020 Freight Market Index report will show America’s […]. The post Editor’s Choice: BluJay Solutions Freight Market Index appeared first on Logistics Viewpoints. Guest Commentary Transportation freight market freight market index

A Crash Course on Navigating Trends in Trucking and Freight for 2018

Cerasis

E-commerce passed $2 trillion in 2017, reports John D. Although this sounds great for most industries, it represents a major problem for the freight trucking industry. As a result, shippers across the globe are looking for ways to keep up with the Amazon’s unrelenting approach, and these trends in trucking and freight reflect a few of the key ways shippers, third-party logistics providers and truckers will respond 2018. Freight Forwarding Will Undergo Digital Transformation.

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

Cerasis

Even Walmart has experienced major problems in staying competitive with Amazon, testing out new last-mile services, reports Nandita Bose of CNBC. The Uberization of last-mile will become a significant factor in meeting the e-commerce surge, reports John D.

Report Points to Increase of Shippers Outsourcing Transportation Management Due to These 4 Core Benefits

Cerasis

According to a recent report from Evan Armstrong of Armstrong & Associates, the 3pl industry is expected to see even more growth in the coming years than it saw from 2010-2013. Because all of the activity happens in this transportation management platform, several reports and custom analysis can be created. Let Cerasis guide you with a freight invoice analysis or a transportation management assessment and consultation.

Quarterly Industry Report: Q1 of 2019

Transplace

Quarterly Industry Report: Q1 of 2019. Mexico Border impact supply chains across North America and directly affect the freight market. It’s critical for organizations to understand the widespread influence that these types of individual events can have while also keeping up-to-date on the latest when it comes to capacity, freight and the economy. Our quarterly industry report is your one-stop-shop. The post Quarterly Industry Report: Q1 of 2019 appeared first on.

The State of Digital Freight: The 4×4 Blueprint for Freight 2020

Freightos

The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. Online freight booking. See the 2018 State of Online Freight Sales. There is at least 100 times more manual work per shipment in freight forwarding than in Express.

Freight Rate News November 2015

Freightos

Wouldn’t it be amazing if someone could cut through the hype and summarize the key freight and logistics trends every month? Short Term Medium Term Special Feature Carriers & Cargo Innovation Freightos focus November 2015 freight and logistics trends that rate. China’s slowing economy is generally bad news for the freight industry. The underlying trends in freight industry are often interconnected, as this (paywalled) article on West Coast ports’ prospects shows.

How is COVID-19 affecting capacity and freight rates?

DAT Solutions

COVID-19 has become one of the most disruptive events to hit supply chains in our lifetime, and the DAT Analytics team is publishing regular reports to track its impact on freight markets. Trucking Industry Trends

BluJay Solutions Report Highlights Changing Consumer Expectations and Delivery Preferences

BluJay Solutions

Melbourne, AU – 26 August 2020 – BluJay Solutions , a global provider of supply chain applications, networks and data solutions, today launched a new report ‘The Delivery Experience,’ which surveyed more than 7,000 consumers across APAC, including Australia, New Zealand, Singapore, Thailand, Philippines, Malaysia, and Indonesia. The report provides several key takeaways: The changing profile of the online shopper. View the full report here.

Freight Data Trends for 2019 and How a TMS Will Grow in Value

Cerasis

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. Shippers need to consider how the freight data trends will affect dropshipping, omnichannel shipping, reporting capabilities, and much more. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

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