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GlobalTranz Secures 4th Consecutive Inclusion in FreightTech 100 2022 Awards

GlobalTranz

As an industry leader in 3PL solutions, including managed services, GlobalTranz is proud and honored to secure a spot in the 2022 FreightWaves FreightTech 100 , marking the fourth consecutive year of inclusion. What Are the FreightTech 100 Awards? Why GlobalTranz Was Included in the FreightTech 100 2022 Awards.

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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. The freight market is mercurial. One master of freight procurement is Kyle Masters. Mr. Master’s experience at Simmons Foods illustrates many of the distinct characteristics and challenges related to freight procurement.

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Peak Shipping Season Update: What’s Driving Change in the Industry?

GlobalTranz

The long and unpredictable peak shipping season continues to challenge supply chains. A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Higher freight volumes.

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Transforming Freight Benchmarking

Logistics Viewpoints

Carriers move shippers’ freight. For example, if a shipper needs to ship goods from Chicago to Detroit, the TMS will have a record that on this lane, the transportation planner should contact Carrier A first. If the Emerge marketplace is used to secure capacity, there is a small add-on fee built into the marketplace rate.

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Why Strategic Partnerships Enable OTR Freight Management

GlobalTranz

OTR freight represents a long-standing aspect of supply chain operations and transportation management. Th is blog post covers the critical ways strategic partnerships can help supply chain managers achieve optimal OTR management for their freight. Carrier Vetting for OTR Freight . Remote Tendering and Shipment Execution .

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Containerized shipping joins modern financial world with CME futures

Freightos

Which brings us to international freight. Securing space on overbooked ocean liners became a challenge as demand outstripped supply and ocean liners became more selective about whom they worked with…and when. It’s challenging to get fixed prices for global freight. Hedging for freight price volatility. Until today.

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The Shipping Container Impact on Inflation

Freightos

Global freight, typically a behind the scenes actor that moves everything we eat, wear and use by air and ocean, may be a major culprit in rampant inflation. . And with many importers paying thousands more in premium fees to secure scarce space, some businesses are paying more than $20,000 per container. But it’s not just demand.

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