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Current State of International Transportation Industry – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

Our vision at TRAMES, is to reduce global trade barriers through digitalizing international freight and transportation. TRAMES is all about International Freight Orchestration (IFO). a) Across the various actors in any single transport chain. c) Digital Freight Forwarders.

Transportation Cost Drains

The Logistics of Logistics

Transportation expense can cost 5%-10% of gross revenue and will be going up if not managed effectively.” Transportation cost drains drive up costs. Many companies are experiencing dramatic increases in transportation expense that have turned into cash and quality drains for their organization. Savvy financial managers know transportation cost can cost 5%-10% of gross revenue and will be going up if not managed effectively. Freight terms are negotiable.

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More than storage: What warehouse services can a 3PL provide?

Kanban Logistics

When it comes to warehousing, many companies eventually outgrow the “do it yourself” model and choose to hand the reins over to a third-party logistics (3PL) professional. Recap: basic warehouse services. You can choose to simply go it alone and build or rent a warehouse yourself.

Radio Silence on Supply Chain Security

BluJay Solutions

Whilst testing and reporting no doubt have a role to play, there seems to be little industry commentary around the role that RFID could play in securing the supply chain. Not quite… The above scenario doesn’t take into account the thorny issues of accountability, standardization of messages and control, and that cost and worries over complexity mean that many logistics services providers and freight forwarders are not yet using RFID routinely.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

By contrast, the third-party logistics model is where a manufacturer retains oversight of its supply chain but outsources such processes as warehousing, shipping, packing, and distribution to a 3PL provider. Unloading of local freight and de-stuffing and palletising of international freight.

Renewed Focus on Supply Chain Security as Hackers Target Container Terminals

BluJay Solutions

However recent reports from Europol, Europe's crime fighting agency, highlight that ocean freight is now a target for criminal on criminal activity, with an ongoing court case involving organized criminals recruiting hackers to bypass port security systems in order to locate and intercept containers where illegal drugs had been hidden in order to be smuggled into Europe.

3PL Basics: The 11 Transportation Services with Jeremy Thone

The Logistics of Logistics

3PL Basics: The 11 Transportation Services with Jeremy Thone. Joe Lynch and Jeremy Thone discuss the 3PL basics: the 11 transportation services provided by 3rd party logistics providers. BrokerWare is a transportation management system (TMS) for Non-Asset Based Freight Brokers.

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The 11 Transportation Service Offerings

The Logistics of Logistics

There are 11 transportation service offerings. The article listed 11 different types of transportation services and I decided to write an overview of those 11 transportation service offerings described in the article. I wrote a similar overview for warehousing: The 7 Warehouse Service Offerings. Transportation Service Offering 1 – Small Package. Transportation Service Offering 2 – Air Cargo. Air transport ais a vital part of international commerce.

Peak Freight Preparedness: Creating New Value Through Performance Management

Intelligent Audit

According to JOC.com , “As the peak pre-holiday shipping season looms over US shippers, businesses are scrambling to secure needed capacity while trying to determine transportation budgets for 2021. That is an increasingly tall order in an uncertain economy and transportation market.”

A Secure Supply Chain – Reducing Cargo Theft Risk

Supply Chain Link

The Transported Asset Protection Association’s (TAPA) reported a five-year high in cargo incidents in 2015 with a large percentage of growth in freight thefts year over year 1. The average value per cargo theft incident, occurrences when merchandise is stolen while being stored or transported, was about $187,490 in 2015 2. Distribution Supply Chain Transportation 3pl Warehousing

Greater Supply Chain Savings Thanks to Transportation Management

Cerasis

Therefore, more companies have partnered with third-party logistics providers ( 3PLs ) to achieve greater supply chain savings and presence in such markets through enhanced transportation management systems ( TMSs ). To maintain your role in the global market, you need to understand how 3PLs contribute to an improve transportation networks. Greater Supply Chain Savings Thanks to Transportation Management. Why Do Supply Chains Need Transportation Management?

Transportation Planners: Their Role as a Catalyst to Automation in the Supply Chain

Cerasis

There are additional advances in automation that push the supply chain toward greater use and deployment of technology and transportation planners are the key. Today’s technology is not equipped to handle such large warehouses, but Amazon’s patent suggests the technology may be possible within the next decade. Additional benefits of such technology could include avoiding weather delays, increasing delivery windows for customers and avoiding space issues with ground-based warehouses.

Blockchain is Coming to Transportation – Here’s How

Talking Logistics

The transportation industry has long discussed blockchain with a healthy dose of skepticism or has taken a wait-and-see approach to its adoption. Even though most have little-to-no IT support or technology, they dominate a mode of transportation that can’t be ignored. Think about it as another type of API/EDI – as a different way to communicate securely between partners. That way, information can be shared but remain secure.

4 Challenges in Global Transportation Management

3rdwave

There are 4 fundamental areas where global transportation is challenged. Three of these challenges are variants on traditional transportation challenges and the last is relatively new but growing in importance. Transportation Cost Management. However, where transportation management traditionally focused on the basics of moving “boxes” or “packages”, today it is much more strategic. Transportation information is foundational to managing any global supply chain.

How Lean Warehousing Can Ease Your Carrier Capacity Pain

LeanCor

Lean Warehousing: By: Clint McCrystal – Team Leader of Operations. As a result, it is increasingly difficult to secure capacity in today’s carrier market. Ask anyone in transportation management/logistics/supply chain and they will affirm this statement. One specific type of lean warehousing that one of our customers has available to them comes in the form of a cross-dock. link]. Does it seem like there are less big rigs on the roads than there used to be?

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Five Main Stakeholders Involved In Transportation Decision

Abivin

There are five main stakeholders involved in the transportation decisions: the shipper, the receiver, carriers and agents, the government and the consumer. To understand the complexity of the transportation environment, it is helpful to be aware of the role and perspective for each party 1. The shipper (consignor) All transportation process begins with a company transferring its goods from a warehouse to another place such as distributors , customers or even another warehouse.

50 expert tips on improving warehouse efficiency & productivity

6 River Systems

Most warehouses are on an ongoing mission to maximize productivity by optimizing workflows, automating processes and reducing waste (both time and resources). Warehouses are complex operations with many moving parts and functions happening simultaneously, so while there are plenty of areas to improve productivity, it’s not always easy to determine where your efforts will pay off. More than 50% of your warehouse labor is in pick and pack, so start there.

Air Freight Explained: Calculating Costs and Price Trends

Freightos

International Air Freight Shipping: Definition. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo. International air freight and express freight shipments are not the same thing. Express freight is typically handled by one company (like DHL, UPS or FedEx) that handles the entire shipment lifecycle, with shipping from door to door in under five days.

The Top 10 Transportation Management Systems

The Logistics of Logistics

The Top 10 Transportation Management Systems. Each year as businesses of every size and industry fight to broaden market share the same old questions haunt the boardrooms, “How can we reduce transportation costs? The answer almost always requires close scrutiny of a companies supply chain infrastructure and the status of its Transportation Management System (TMS). Industry leading data security. Transportation Management Systems. JDA Transportation Manager.

23 Reasons the Ideal TMS is best for LTL Freight Shipping

Cerasis

However, the needs of the modern shipping industry have reached an optimal point, and the only way to further push the envelope is by using a dedicated transportation management system (TMS). The Ideal TMS Helps Complete Warehouse Management. A poorly functioning warehouse is tantamount to a poorly functioning supply chain. The ideal TMS can maximize the efficiency of a warehouse and directly affect inventory management. Freight Consolidation.

Five Main Stakeholders Involved In Transportation Decision

Abivin

There are five main stakeholders involved in the transportation decisions: the shipper, the receiver, carriers and agents, the government and the consumer. To understand the complexity of the transportation environment, it is helpful to be aware of the role and perspective for each party 1. The shipper (consignor) All transportation process begins with a company transferring its goods from a warehouse to another place such as distributors, customers or even another warehouse.

5 Ways Temperature Controlled Shippers Can Boost Supply Chain Efficiency

CH Robinson Transportfolio

The increased need for adaptability and agility sums up what nearly everyone is feeling these days—this is particularly true for companies shipping temperature sensitive freight when timing is critical. Use the market conditions to secure the capacity options you want.

o9 Solutions and FourKites partner to bring unprecedented connectivity between freight visibility and planning Control Towers

o9 Solutions

This article has also been published on Business Wire The partnership combines o9’s industry-leading integrated business planning platform with FourKites’ Visibility Cloud to provide end-to-end visibility to freight tracking.

How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Declining Freight Rates. Phil adds that something else has contributed to declining freight rates. Knowledge is power, and this knowledge is keeping freight rates at low levels.

Transportation TIP List: Week of January 6th, 2019

Transplace

Transportation TIP List: Week of January 6th, 2019. Our first TIP List of 2019 includes the latest supply chain trends you need to know as you head into another year in the transportation world. The technology has been described as a game changer that will maximize supply chain efficiency, security and transparency. The post Transportation TIP List: Week of January 6th, 2019 appeared first on. There is so much to look forward to as we kick off the New Year!

Blockchain in freight forwarding – Is it the next big thing?

20Cube Logistics

Basically, blockchain is a record-keeping mechanism which makes business easy and safe on the internet by increasing transparency and providing end-to-end visibility from order to warehousing to delivery to payment. How will blockchain impact freight forwarding? Transparent & secure. The blockchain database is transparent and secure which makes payment process and settlement order easily accessible across different ledgers.

The Vaccine Distribution Supply Chain!

Supply Chain Game Changer

Then you have to manufacture, transport and distribute it. As the vaccines will be manufactured in a limited number of countries, and as the requirements for transportation and storage (eg. Each of these different vaccines will have different conditions for transportation and storage.

This Week in Logistics News (June 24-28, 2013)

Talking Logistics

HighJump Software Enhances HighJump Warehouse Advantage Express Offering to Meet Increased Demand in SMB Marketplace. ATA Releases Latest Freight Forecast, Projecting Strong Trucking Growth. Trucks Transported 60.6% Meanwhile, HighJump Software announced that it has updated HighJump Warehouse Advantage Express, its warehouse management system (WMS) specifically designed for small and mid-sized wholesale distribution operations.

What Transportation Professionals Need to Know About the U.S.-Mexico Border Situation

CH Robinson Transportfolio

While this threat is not new, it certainly feels different this time around, and specifically raises questions for those involved in regular cross border freight movements. While we may not know if and how policy may change and impact freight for a few days or weeks, we can scenario plan for a reasonable number of outcomes. Work with your account managers and transportation service providers to review time critical and urgent freight shipments. On March 27, U.S.

How to Benefit from Trucking Companies!

Supply Chain Game Changer

Are you looking to work with a trucking company to transport your products? If so, you want to make sure that you get the most out of transport services. During transport, your shipment can be damaged if the proper measures are not taken. Ask for Warehousing Services.

Freight Brokerage Strategy: 6 Steps to Stay Proactive With Shippers & Carriers

Turvo

The right freight brokerage strategy is continuously changing to reflect the latest advancements in technologies, service, and brand value. Freight brokers in need of a better strategy that stays proactive in managing shippers and carriers need to follow these steps. Offer the Right Price for Freight Brokerage Services Any plan for value in a freight brokerage strategy must begin with the right price.

Achieving the Integrated Global Supply Chain

Supply Chain Network

These partners are executives, managers, co-workers, suppliers, customers, carriers, 3PLs, warehouses, government agencies, financial institutions, etc. Cash Supply Chain Definitions Education Emerging Trends Freight & Transportation Information Technology Inventory New Ideas News & Info Professional Communications Security Supply Chain Management Supply Chain RiskGuest post from Ned Blinick of 3rdwave.

7 Ways Transportation Companies Can Improve Customer Experience

MercuryGate

Usability Be up and running easily and quickly, enabling transportation teams to realize immediate and measurable results. Security Our Thorough And Comprehensive Security Program Discover A Secure TMS Learn More arrow_right_alt. Limit Unnecessary Check Calls for Freight.

Top 5 features to look for in a Transportation Management System (TMS)

Abivin

Selecting the correct software system for the business helps to attain process efficiency, gain visibility into the supply chain, and decrease general transport costs. One of such software is transportation management system (TMS) which is a subset of supply chain management regarding transportation operations (Mei & Eliot, 2017). TMS has become an indispensable tool in a growingly competitive and complex transportation landscape. TMD Security GMBH.

7 Ways to Overcome Yard Management Challenges

Cerasis

Poor planning on the part of warehouse managers can lead to extensive demurrage or detention charges, irritability and anger among truck drivers and employees, and excessive gait, congestion, reports PINC.com. Meanwhile, warehouse managers struggle with maintaining visibility and control over trucks, personnel, and assets in their yards. But, warehouse managers can overcome these challenges by taking these seven steps. . Coordinate Yard Management and Warehouse Systems.

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